Full text : Thomson's manual of Pacific Northwest finance

THOMSON'S MANUAL
COMPARATIVE STATEMENT, As of Dec. 31

Home Office Buil@iNg oe oooiomoomrrmmemeeremrene cree ceicemssrm samen
Other Real Estate................. seamen SESHRE SRSA EL RE
Real Estate Contracts reese neeees
Real Estate Loans... eee eeremmememeemmemceecsmreemmeemeemememenne
LADEIrtY BOMAS  eiceccoammmmmmmmomens smomcmsmmmnnmaesss sonore sen masse
Gov. Bonds and Warrants. iene concer
Other Bonds ........ rem Ee an
Policy LOANS ccioommcmmaae eee wanes SOUS ga we kn
Renewal Premium Notes iirc eoieee
CARI coommmmrsnmisavsemmeenmommn ne eeeeeaeermmemmamemeceemmesemcmnnn
Certificates Of DEPOSIT 0 ees
Premiums Due and Other Assets.............. 298k

1929
233,640
73,038
180,492
1,688,921
205,000
1,402,125
3,998,500
2,151,814
55,920
25,961
53,035
341,157
ADMITTED ASSETS eee eee eeeesmnennenneenee-- $10,409,603
LIABILITIES—
Reserve on PoOliCies. renee
Reserves for Disability. ees
Claims Payable oaoececoiecoiiormmmeearnrc om cmmon oneness ene
Reported Clas coon rnc seinen ee
Death Claims Unpaid. coiooonie iets eee
Advance PremiuINs .ocuooocoommomeoemocccmmisommmmrrses soos sree nna cone
[Interest Paid in AdVanCe.. irene enaenee
All Other Liabilities. irene enon
RESETrVE LOT TAX OS ciauaeriammceemmmmnssenes  mcssemmsoooocssssiamoosrasssas
Nontingency RESEIVEe oo meee
0aPIta]l STOCK  ceeicerieiioeree irene cero
Net SUTPIUS  coooiiooevoccmomcciacmopoemnn sams mrreceos sass m sons men ees csbs rosea naa
TOTAL LIABILITIES

1928
245,516
205,340
100,545
412,519
205,000
.,263,438
3,685,500
1,846,560
28,018
20,959
49,2563
311.023
£9.373,671

8.484,680 $7,595,871
310,393 261,473
56,927 47,825
17,185 21,696
None None
10,5696 8,902
7,667 46,832
5,019 19,995
Nn 000 68,451
1000 50,000
50,000 500,000
#37.236 752,626
$10.409,603 $9,373,671
NEW WORLD LIFE INSURANCE COMPANY

HOME OFFICE: Old National Bank Bldg, Spokane, Wash.
HISTORY: Incorporated Under laws of Washington, Feb. 21, 1910, as the Roman
Catholic Life Ins. Co. Name changed Sept. 22, 1910. Original capital authorized
was $2,000,000, which was reduced to $1,134,500, on June 25, 1920. Company absorbed
 Columbia Life & Trust Co, Portland, Ore., April 30. 1917, taking over
$600,000 assets and $9,000,000 insurance in force.
KINDS OF INSURANCE: Writes all common forms of life insurance on nonparticipating
 basis.
TERRITORY: Licensed in Calif, Idaho, Ill. Iowa. Minn., Mont.,, North Dak,
South Dak. Ore., Wash., and Wisc.
OFFICERS: John J. Cadigan,. Pres.; Edw. J. .O0'Shea, Vice Pres.-Treas.; John J.
Martin, Vice Pres.; R. C. Burton, Sec.-Actuary; John W. Cadigan, Supt. of Agencies;
 Edw. Base, Asst. Sec; R. L. McGinnis, Comptroller-Asst. Treas.; Dr. P. J
Gallagher, Med. Director; E. F. Bucknell, Asst. Actuary.
DIRECTORS: John J. Martin, Boston, Mass.; Richard B. Porter, Spokane; John
D. Carmody, Seattle; Edward O'Shea, Spokane; John W. Cadigan, Spokane; Francis
 H. Benson, Boston, Mass.; Edward J. O'Shea, Spokane; Russell C. Burton, Spozane;
 John J. Cadigan, Spokane.
GENERAL COUNSEL: Graves, Kizer & Graves, Spokane, Wash.
Par Value Authorized Outstanding
CAPITAL STOCK ............. . eererenannennnn- $510.00 $1,134,500 $1,134,500
DIVIDENDS: Payable annually, Mar. 1, 1915. 49%: 1916. 4%: 1917. 6%: 1918 and
1919, none; 1920 to 1929, inclusive, 8%.
Number of Stockholders: 9,473. }
LISTED: On Spokane Standard Stock Exchange, Seattle Curb Exchange.
PRICE RANGE: 1929—High, 17%: Low, 13; 1930 to June 1—High, 14; Low, 13.
GROWTH— Ins. in Force Net Reserve Assets
LO1T ooo + eens emmneemneenneanned 257,000 ' 034 3 394,921
L911 ee eeen—ae mmm aman enemcnenennana "24,950 991 1,404,909
191 RHR evanwem smn? rm, FARE $0 rms "2,495 £1¢ 1,827,408
191 cps wen vom m—— asa '2,03¢ 281 2,625,837
191¢ spe PR "4,481 ,126 3,247,793
192 EERE Teva nw ms mee RRR RR 7,2( L260 £,305,5628
L192 ooeeeeeeeemreeeeeommeeesamasnssesmsesszeserasseneonnas 27° 275 5,303,683
192. eeeememeeeln ee eenmeeaneeaaes 5,0. ,185 6,459,269
1927  ... - ee eens 18,883,713 2,877,762 7,899,208
1929 eee eeeeaeneeneee 49,796,931 7,305,105 9 457,630
COMPARATIVE INCOME and DISBURSEMENTS, Years Ending Dee. 31
INCOME— 1929 1928 1927
Total Premiums .ocooocomemommmmmninenans eee) DOO 65T $1,602,880 $1,437,165
Interest and Rents. iiennienaaes J76 480,169 439,058
Dther INCOME  oirerorimmemccmrrmmmnemmmnanoseemsan sas: ~2.821 63.346 56.686
TOTAL, INCOME nanan $2,121,554 $2.048.394 $1.9322.909
            
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