Insurance Solicitor from Topeka, Kansas • 4

INSURANCE SOLICITOR. II. L. PALMER, President. Northwestern JUNE 30TH, 1894.

We take great pleasure in printing the following extract from the Semi-Annual Statement, June 80th, of the Northwestern Mutual Life Insurance Comfany. Total assols Doc. 31, 1893 Total liabilities The Old Story of Larger Dividends Below we print a number of dividend comparisons, all 'based on exactly similar policies of $10,000 in each company. All other compaitici arc challenged to place in compamoa politics of same date, auk and kind. In 1882 at age 30 a citizen of Phil-! In 1886 at age 56, John Reardon, adelphia insured on the Life plan in of Buffalo, insured oit the Life plan the Northwestern, (No.

112,839) in the Northwestern, (No. 141,342) and Perm Mutual, (No. 30,917.) and Equitable Life (No. 317,333.) Northwesters Annual Premium Northwestern annual premium Si.i29.80 ruin Mutual Annual Premium 221.00 EquitaWo annual premium 1130.00 II life is. CO.

Net surplus Dec. 31, 1803 $11,358,457 Total assets June 30, 1891 766,020 Total liabilities 55,416,533 Willard Merrill Vice-President J. W. Skixxer Secretary Charles A. Loveland Actuary Chas.

E. Dyer Counsel A. W. Kimball Ass' Sup' of Agencies Dividends: Nobthwestebn. penu Miituul.

18834 55.21 80.57 1885-0 117.12 03.00 1887-8 191.12 1889-90 131.47 109.30 181-2 112.05 110.20 18934 151.27 112.90 Premium Difference- 29, VO Dividends: Nobthwestebn. Equitable. 1887 $58. 10 1888 $175.00 61.80 1889 181.10 69.70 1890 188.00 75.70 1891 385.70 81.90 1892 197.70 88.20 1893 201.50 94.60 1894.. 208 90 101.30 Totals $794.84 $033.45 Northwestern' excess 25 or $161.39.

QEXTRACTSQ FROM THE JAN. 1, 1894. Net surplus June 30, Net surplus Dec. 31, 1893 11,358,457 Gain in six months $1,061,030 Gain in 12 months of 1893 1,843,251 In order to show that above gain in surplus was not made at the expense of annual cash dividends as well as to show the difference in such dividends in different companies we give below, premiums charged and dividends paid on exactly similar policies of $1,000 each, issued in 1881 at age 45 on the Ordinary Life plan. Company.

Nobthwestebn. Union Central. Policy No. 111,169 21,844 Assured Sam'l Holzman R. B.

Moore Residence Cincinnati, 0. Cambridge, 0. Totals $633 30 North western's excess 143 or $907.90 In 1886 at age 26, Frank E. Waters, of Lincoln, Neb. insured in the Northwestern and E.

II. Wilson, of Milwaukee, insured in the Life, both on the 30-Year Endowment plan. Northwestern annual 80 Etna Life annual premium 300.20 Dividends. Nobthwestebn. Life.

1887 42.5(5 1888 $,600 49.08 1889-90 138.50 HK52 1891-2 222.00 123.68 18934 159.50 140.00 Prem. 12.60 In 18S2 at age 57, Jno. A. Pray, of Boston insured in the Provident Life Trust and Jno. Prendiville, of Chicago, insured in the Northwestern, both on the Ordinary Life plan.

Northwestern annual premium $661.00 Provident L. T. annual premium 656.00 Dividends: Nobthwestebn. Provident L. T.

1884-5 $36700 $227.00 604.80 259.90 1888-9 423.70 289.10 452.40 1892-3 481.60 387.30 1894 248.20 207.50 Premium difference 65.00 Premiums received $11,921,814 Interest and Bents 3,042,460 Total Assets $64,071,182 Mortgage Loans 51,412,788 Liabilities Net $11,358,456 Increase in 1893 1,891,071 $37.97 y.45 10.10 10.72 Annual Prem. $38.46 Dividends: 1883-91 $110.49 1892 12.96 1893 13.44 1894............... 14.60 Totals $597.60 $463.84 Northwestern' excess 28.8 or 133.76 Totals $151.49 $91.03 The above, not only shows a substantial increase in the dividends of the Northwestern, but also an excess over the Union. Central (difference in premium considered,) of over 54. SECURITY.

New Business over 52,000,000 Total Insurance in Force 325, 152,947 Totals $2,577.70 $1,772 40 Northwestern' excess 45 or $805.30. In 1883 at age 29, E. H. Kimball, of Bath, Me. insured on the Life plan in the Northwestern (No.

120,974) and in the N. E. Mutual, (No. Northwestern annual premium $219.70 N. E.

Mutual annual premium 221.00 Dividends: Nobthwestebn. N. E. Mutual 1884-5 58.20....: 1886-7 124 30 74.50 194 80 94.50 1890-1 135.10 85 50 1892-3; 143.00 98 00 In 1888 at age 29, Sam'l G. Wallace, of Richmon, Va.

insured on the Ordinary Life plan in both the Northwestern, (No. 175,026) and Mutual Life, (No. 335,289.) All dividends were used to purchase additions. Northwestern annual premium $219.70 Mutual Life annual premium 227.00 Dividend Additions. Nobthwestebn.

Mutual Life. 1889 $150 1890 $190 130 1891 190 130 1892 200 130 1893 410 130 Totals $990 $670 With $43.80 less premium, the Northwestern' dividend additions exceed the Mutual Life 47.7 or. $320. Totals 40 $429 50 Northwestern' excess 52 or $225.90. Compared with 1892 above figures show an increase all along the line, except as to new business, a very satisfactory result in so unsatisfactory a business year as 1893.

The large increase in net surplus not only promises well as to future dividend returns on the Company's Semi-Tontine policies, but also proves the advantages of investment in Bonds and Mortgages during such financially 'troublous times' as the year 1893. The Northwestern, has over 80 of its Assets so invested, as shown above, but not a dollar in railroad or any-other fluctuating securities. As a consequence the Company's surplus has more than doubled during the past four years. If a $5,000 farm is goo 1 security for $5,000 which buys it at its present market value and many a man buys a farm simply for a safe investment how much better security is a $5,000 secured by a first mortgage, on three such farms! Such is the security enjoyed by 80 of the asse-s (98 of the Reserve) of the Northwestern $3.00 security per dollar loaned. Out of assets aggregating Jan.

1, 1894, $51,412,789 was invested in Bonds secured by" Mortgages on improved real estate worth $154,162,940, with fire and tornado insurance collateral aggregating in addition. The Northwestern hasn't a single dollar invested in railroad or any other fluctuating securities. In 1890 at age 32, M. 0. Dick, of Blue Mound, insured in the Union Central and W.

D. Francis, of Austin, insured in the Northwestern, both on 20-Payment Life plan. Northwestern annual premium $315.80 Union Central annual premium 317.40 In 1882 at age 40, James B. Piatt, of Poughkeepsie, N. Y.

insured in both the Northwestern and Mutual Benefit on the 20-Payment Life plan. Northwestern annual $389.20 Mutual Benefit annual premium 386.50 Dividendss Northwestebn. Mutual Benefit. 1883-5 $180.20 $216.80 1886-8 406.30 252.60 1889-91 342.50 281.50 18924 383.10 311.90 Union Central $31.70 35.00 38.30 Nobthwetebn. $72.80 75.

(JO 77,10 Dividends; 1892 1893....... 1894 Totals $225.80 $105.00 Northwestern's excess 15 or $120.80. Includes double dividend. Totals $1,312.10 $1,062.80 Northwestern' excess 23 or $249.30 Includes double dividend..