IO The Mutual Life Ins. Co. of New- York.

cies. The sum so divided, $2,204,627.51, has
now been credited in the usual form of re¬
versionary insurance.

For the dividend during the current year,
(1873,) the remaining surplus, amounting to
$3,236,070.73, has been set aside. From this
sum a dividend will be allotted to each poli¬
cy which shall be in force at its next anni¬
versary of issue, as well as a post-mortem
dividend to every policy which may become
a claim by the death of the insured.

The Claims by Death remain considerably
below our Mortality Tables, more than six
hundred thousand dollars having been add¬
ed to our surplus from this source during
the past year.

The company was founded and organized
upon strictly mutual principles, and has con¬
ducted its business from the beginning upon
a cash basis.
Commencing business in 1843

without capital or guarantee

fund,    this    Company   has

accumulated    cash    assets

amounting to . . . . . $58,550,059 42
Its income for the  year 1872

was.........17,716,094 54