For the Year Ending December 31, 1878.
| Amount of Ledger Assets, Jan. 1, 1878 | $32,477,991.87 |
| Less Depreciation in Government Bonds, and Appropriation to meet any depreciation in other assets | 369,553.27 |
| ———— | |
| 32,108,438.60 | |
| INCOME | 8,217,943.24 |
| ———— | |
| $40,326,381.84 |
DISBURSEMENTS.
| Paid Policy Holders for Claims by Death, Dividends, Surrender Values, Discounted and Matured Endowments and Annuities | 4,935,171.43 |
| Other Disbursements as per extended statement | 1,195,841.88 |
| ———— | |
| Net Cash Assets, December 31, 1878 | $34,195,368.53 |
ASSETS.
| Bonds and Mortgages | $12,437,584.93 |
| Real Estate | 6,834,904.96 |
| United States Stocks | 5,638,768.54 |
| State, City, and other Stocks authorized by the Laws of the State | 6,201,978.16 |
| Loans secured by United States and other Stocks | 928,000.00 |
| Cash and other Ledger Assets as per extended statement | 2,154,131.94 |
| ———— | |
| $34,195,368.53 | |
| Market Value of Stocks over Cost | 129,796.41 |
| Accrued Interest, Rents, and Premiums, as per extended state[missing] | 1,128,927.42 |
| ———— | |
| Total Assets, Dec. 31, 1878 | $35,454,092.36 |
| Total Liabilities, including legal reserve for reinsurance of all existing policies | 28,560,268.00 |
| ———— | |
| Total Undivided Surplus | $6,893,824.36 |
| ———— |
Risks assumed in 1878, 6,115 Policies, assuring $21,440,213.00
N. B.—For the details of the above statement, see the Society's "Circular to Policy Holders," and other publications for 1879.
JAMES W. ALEXANDER, Vice-President.
E. W. Scott, Superintendent of Agencies.
SAMUEL BORROWE, Secretary.
