AMERICAN RE-INSURANCE COMPANY 242 South 13th St., Philadelphia, Pa. AMERICA'S FIRST AND ONLY STRICTLY RE-INSURANCE COMPANY Surplus to Treaty-Holders, $1,408,249.91 Assets Bonds and Stock Mortgage Loans on Real Estate Home Office Property Cash Premiums not over 90 days Accrued Interest on Bonds Liabilities .$3,275,583.75 , 50,000.00 , 42,500.00 .. 11934223 . 63,24825 29,74532 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 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 M anchester-in-the-Mountains VERMONT 71st Season Open June 13 to Nov. 1st Owned and Operated by Mrs. George Orvis. A. E. Martin, Manager The Ekwanok Country Club 1923 TOURNAMENT DATES: Independence Day Tournament July 4th Isham 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. -1 .1 : ' ';! j'; V&. His is Golf Ball ' rerjectiori hull thM . carries lone and true , i V,:;::, . IdsitsBLongr.in , , I , . -I'l r stands unusual punishment, yet Y ''::r'yi doesn't show cuts or lose shape. ' , 4 V; t, v . The Burke "30" combining alL' these s '. A- ,.,"' , , merits, is all any golfer can wish for. - ' ' - f , . Nctf time say," Let me try a 'Burke 4 '30 ' f it may proctbt solution of your ball problem.' - 5 fv jBurk THE BURKE GOLF COMPANY, NEWARK, OHIO

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