The National Quarterly Review Volume 22

The National Quarterly Review Volume 22

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1871 edition. Excerpt: ...ending December 31, 1869--$350,214.86. If the reader will compare these results with the results of almost any of a score of other companies " inaugurated" about the same time then he will be able to appreciate what the Continental has done. Take the concerns known as " the Phipps companies," for example, z'.e., the Craftsmen Life and the Merchants' Life; instead of the former having a surplus it has a deficiency of $31,364.60. What may be the deficiency of Mr. Phipp's new structure or whether it will continue sound until that enterprising gentleman has had time to dispose of it, and get up another, is one of the many things of which we are ignorant. The Asbury Life is a modest company; it makes no beast or display of " new features " or " peculiar inducements," but it is intelligently and honestly managed. Turning to the Massachusetts Report, Table VIII (p. lxxxi), we find that the excess of its income over its expenditures during the past year was $60,125.83.1-In the New York Report its assets are marked$304,35l.05; its amount of " ready cash " $22,552, 43. This is a pretty good record for so young and unostentatious a company. The Anchor Life continues to reap the fruits of its intelligent energy and perseverance. It is already oflicially marked as having a surplus of $22,275.80.i There is but little said in either of the Reports before us, of Fire or Marine insurance. Neither exhibits any such increase in the number of companies devoted to it as Life insurance. As for the marine branch, it is dwindling into very slender proportions; our readers are aware that several marine companies have passed out of existence within the last five years; and of the few that are...
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Product details

  • Paperback | 158 pages
  • 189 x 246 x 9mm | 295g
  • United States
  • English
  • black & white illustrations
  • 123676739X
  • 9781236767394