AMERICAN RE-INSURANCE COMPANY 242 South 13th St., Philadelphia, Pa. AMERICA'S FIRST AND ONLY STRICTLY REINSURANCE COMPANY Surplus to Treaty-Holders, $1,408,249.91 Assets Bonds and Stock - $3,275,583.75 Mortgage Loans on Real Estate... 50,000.00 Home Office Property 42,500.00 Cash 119,342.23 Premiums not over 90 days 63,248.25 Accrued Interest on 'Bonds 29,74532 Total $3,580,419.55 Liabilities Legal Loss Reserve $1,371,713.29 Reserve for Claims 131,880.43 Unearned Premium Reserve 408,582.92 Reserve for Taxes and Re-Insurance 60,000.00 Voluntary Catastrophe Reserve 200,000.00 Capital Stock 750,000.00 Surplus 658,242.91 Total $3,580,419.55 HARRY BOULTON, President C. M. HANSEN, Vice-President H. B. SWOOPE, Vice-President W. B. ATHEY, Secretary O. H. IRWIN, Treasurer Famous for Golf EQUINOX HOUSE Manchester 4n4he 'Mountains VERMONT 71st Season Open June 13 to Nov. 1st Owned and Operated by Mrs. George Orvis. A. E. Martin, Manager r Tit X The Ekwanok Country Club 1923 TOURNAMENT DATES: Independence Day Tournament July 4th I sham Cup Tournament July 25-26-27-28 Orvis Cup Tournament Aug. 29-30-31, Sept. 1 Labor Day Tournament Sept. 3rd DIRECT WIRE TO NEW YORK STOCK BROKER'S OFFICE New York Office: Hotel Lorraine, Fifth Ave. at 45th St. Have you tried the Burke "30"? PROVE for yourself that the qual ity of this ball, its endurance, and its perfect behavior on fairway and green is just what you have been looking for. Give the Burke "30V a fair test and we know you will eliminate unneces sary strokes from your score. On sate where sporting goods are sold fc ' - - - ----- - - ft .TT

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