Newspapers / The Perquimans Weekly (Hertford, … / Jan. 10, 1974, edition 1 / Page 2
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fcg 2-The Perquirnan Weekly, 74 Good, But Not Great One ' The new farm year ., probably will be a good one for the farmerwytmnared ' to any year except 1973. The , record shattering new in come of the season just ', completed isn't likely to be J repeated in 1974. This seems to be the ' consensus of the experts at a time when the difficult task of predicting agriculture is even more difficult than . usual. In many ways it's a new ball game. There is a new government program with , its "target" prices and strong appeal for expanded . production; there is a delicate balance of com modities worldwide; there - is a serious shortage of such basics as fuel and fertilizer, and there are increased costs almost at every turn. . These are just some of the factors that promise to make 1974 an "interesting" year for agriculture and the farmer. Whatever happens in '74, farmers will be hard pressed to match the income they received last year. Realized net farm income probably reached $25 billion, up over $5 billion from the previous record set only the year before. North Carolina State University economists point out that theis "phenomenal" increase in farm income was a result of the con tinuing strong domestic demand for livestock Hog Prices Look Fair North Carolina hog and beef cattle producers are likely to enjoy the first half of the New Year con siderably more than the second half. Prices for most categories of animals are expected to hold up well as the year begins and, in some cases, even strengthen before beginning to weaken as 1974 wears on. North Carolina State University extension economists suggest that j i 1 r consumer aemana ror ueei may be up in the first half of the year by 6 to 8 percent. During the second half, lower prices for pork and broilers may dampen the demand increase to a modest 3 to 4 percent. Marketings of fed cattle are expected to be up substantially in the second half of the year. Prices at Omaha may average around $45 - $47 per hundred pounds in the first quarter of 1974, move up slightly to the $48 - $50 range before sliding to an average of around $40 to $42 in the last half of the year. North Carolina produces far more feeder cattle than fed cattle, and prices for these younger animals are heavily influenced by the fed cattle market. Feeders NEW TELEPHONE DIRECTORY GOING TO PRESS NOW IS THE TIME To notify your Telephone Company Commercial Office of any change. IN ADDITION It may be an additional listing would mean someone in your home not missing an important call and proper diversification in the Yellow Pages means more money in your pocket. THE DEADLINE For changes andor additions is 5:00 p.m. on January 25, 1974. - ' Please don't wait until the last minute. OIL US TODAY. 2: Hertford, N. C, Thunday, January 10, 1SI t 1974 production and an excep tionally strong foreign demand for crops. Higher prices for all commodities and increased production of most major crops contributed to the strong agricultural picture ' in North Carolina. Production of flue-cured tobacco was up 18 per cent, corn 5 per centsoybeans 27 per cent, cotton 30 per cent and peanuts 22 per cent. Looking into the new year, the NCSU economists point out that markets for im portant commodities are in a delicate balance. Prices are likely to move up and down during the first half of the year, but they should remain strong for com modities produced in '73 and carried over for sale. Farmers' response to the new farm program will be a critical factor influencing prices in the second half of the year. If they respond as anticipated and weather conditions are favorable, grain and soybean prices next fall will be lower than last fall but well above the average of the late 1960's. Increased feed supplies at lower prices will encourage expansion of livestock in the second half of '74, the NCSU economists suggest. The story on costs is the same as it has been for years they'll be higher. Taxes and farm wage rates will continue to rise, also. averaging 500 pounds could bring $52-$54 per hundred pounds during the first quarter and $53 - $55 in the ' second. In the last half of the year, prices are expected to fall below $50 and average around $46 - $48. Hog farmers, like producers of beef and practically all farm com modities, have enjoyed a record high market at times in recent months, but it won't last. Pork producers can ex pect the N.C. slaughter hog price to average around $43 -$45 early in $74. It may drop to $41 - $43 after early spring, decline further to $36 - $38 around mid-year and sink to around $33 to $35 by the fourth quarter. Feeder pig prices will follow a similar pattern, although they may pick up in the fourth quarter. In the first quarter, they may average $88-$92 hundred pounds for 50-60-pound pigs. A decline to around $84-$88 is expected in the second quarter and another drop to the neighborhood of $60-$64 may come in the third quarter. Some recovery to $63-$67 may set in after that. farm Prices Will Hold Steady On Basics Prices of soybeans, corn and other grains may hold up well for the remainder of the winter and possibly into summer, but harvest time may find them well below harvest prices of a year ago. This is the general picture for the crops that provided much of the farm market pyrotechnics last year a year that saw soybean, corn CottonComes BackAsEihff Dethroned though it has been for these past several years, old "king" cotton seems to have the clearest sailing into the new farming year of any of North Carolina's old-line "money" crops. There is nothing par ticularly gloomy in the tobacco and peanut outlook, but they have definite limitations as to where they can go in 1974. Burley tobacco, on the other hand, may have fewer problems than at any time in recent years and joins cotton as two of the best hopes for the New Year. Cotton supplies worldwide are down and consumption is up. On top of that, the energy crisis could have a detrimental effect on cot ton's heavyweight competitionman-made fibers. The cotton portion of the new farm bill guarantees a "target" price of 38 cents a pound, and N.C. loan rates are 20.40 and 20.50 cents in the east and west production areas respectively. There are no set-aside or con-, serving base requirements.. All of this spells op portunity for cotton. North Carolina State , University extension economists sum it up this way: "Relatively strong demand and tight supplies are expected." Flue-cured tobacco's outlook is marked by these factors: The effective quota is large 1,238 million pounds due to un dermarketings, but farmers probably won't plant more Calendars Arrive The Perquimans County Marching Unit ends a busy fall of 1973 by delivering the long awaited birthday calendars. Yes, the calendars have come! Due to late arrival, it may be later than usual when you receive yours this year. Girls will be distributing, them until January 18, 1974. If you haven't received your calendar by then, please contact the girl who sold it to PEOPLE OF LIST YOUR TAXES AT THE COURTHOUSE IN PERQUIMANS COUNTY List every day except Wednesdays & Holidays during tho month of January, 1974 from 9 A.M. to 5 P.M. Failure to list will subject you to a penalty of ten (10) per cent of total taxes due. . CAECCrJ D. CPIVCY, Cr, Tc:: C'jrvlzcr and wheat prices reach levels that had never before even been imagined. Prices could drop sub stantially in some cases and still be strong compared to any year except the last one. Indications point to a smaller U.S. soybean crop in the New ' Year, with Midwest farmers planting more acreage to corn and Delta growers shifting some than a third o the new carryover of 60 million pounds. Second, even higher production costs are in prospect principally those for fertilizer, labor and fuel. Third, curing fuel supplies may be even more critical than last year. Fourth, rental rates may be down due to some of the above factors. Price supports will be up around seven cents a pound in 1974 to an average of 83 cents a pound. The average market price last season was 88 cents, or well above the support level. As for burley tobacco, the NCSU economists point out that this mountain area crop "faces the positive influence of smaller supplies." The 1973 price support will average i almost 79 cents, and the '74 support will be announced by Feb. 1 There will be a carryover for undermarketings of around 74 million pounds nationally. The New Year may be an unusually significant one for peanuts. .. The crop is in heavy surplus, and a tremendous crop was produced in 1973. There is mounting pressure to change the government program affecting the crop. "Minor changes will probably occur in the existing peanut program in 1974,' - NCSU . -experts suggestf'Unless there is a large increase in world demand for peanuts, major changes will be made in the program after 1974," they predict. you or Mrs. J.R. Rogerson. There are extra calendars available for anyone wishing to purchase one at t 75 cents each. Activities of the Unit this year have included per forming, at football games and assorted parades; Christmas parades in Elizabeth City and Mur freesboro, a Chowan College Homecoming Parade, and the Oyster Bowl and Balloon PERQUIMANS COUNTS Outlool bean acreage back to cotton. North Carolina State University extension economists suggest that this should result in a total output about equal to con sumption. They add that prices for the '74 crop are expected to average slightly below those in 1973, due to an increase in world sup plies of oilseeds and fish meal. " The average harvest price for '73 beans in North Carolina was around $5 per bushel 60 to 70 per cent above the previous year. A' seasonal increase of 75 cents to $1 a bushel by late winter is likely for farmers holding beans for sale early in '74. The weakness in prices that 'could come later in the year is tied closely to how world supplies of oil and protein shape up. The corn outlook has some similar ? features. Like soybeans, the crop last year was a record as were prices. Total utilization is expected to exceed production, leaving a carryover of 15 per cent below a year ago. Supply is the tightest in history. The NCSU economists say the demand for corn is expected to stay "very "strong" through the remainder of the 1973-74 crop year. Should production prospects for the next crop appear bright, prices could peak at $2.60 to $2.70 per bushel in late winter or early summer 1974. Plantings should increase 5 to 6 per cent as a result of changes in the feed grain program. With favorable weather, a record crop of over 6 billion bushels could result. This could result in sharply lower prices at harvest time. Wheat supplies are short, at ' least until mid-year harvest begins. There is virtually zero carryover of the type of wheat grown in North Carolin sof t red winter. Stocks of all wheat by next Jine probably will be the lowest since World War II. , Very strong prices are expected through ; the first half of the year. They may average more than twice those of the same period a year ago. The price pattern will depend largely upon the size of the world grain crops and the new wheat crop. The prices may be well below record levels of the last six months in the second half of 1974. Day parades in Norfolk. Also, the girls are still : collecting newspapers. Please contact any unit member for a pick-up, or you may take them to the Woodland Street storage house.; We appreciate your co-operation thus far and hope to make our county a cleaner place by providing this service. Vegetable Prices To Hold Up North Carolina producers of food crops are expected to respond to the ever-growing world and national appetites in 1974 by moderate ex pansion in many commodity areas. . Prices of these fruit and vegetable items, which are super-sensitive to supply, marketing schedules and so forth, should hold up fairly well in most cases. Prices were up sharply last year and supplies were generally short. North Carolina State University extension economists suggest that supplies of fresh salad vegetables will probably increase in the New Year . Supplies of other fresh vegetables "are not expected to increase in the foreseeable future due to declining willingness to prepare for cooking in the home and restaurant." Seasonal fluctuations in supply will cause customary, price changes, but : N.C. growers can minimize these by observing planting in tentions and market overlapping as the season advances. Heavier marketings of sweet potatoes at harvest will result in smaller storage supplies in the first half of the year. This could cause prices to rise above the comparable season last year. STATEMENT MICHIGAN MUTUAL LIABILITY COMPANY ASSETS Bonds Stocks Real estate Cash and bank deposits Aqents' balances or un collected premiums, net Funds held by or deposited with ceding reinsurers $128,774,721.01 36,201,327.69 4,560,850.49 1,195,110.10 15,117,591.62 50,000.00 Reinsurance recoverable, on loss payments - - ., , '5344454.57 Interest, dividends and real estate income due and accrued 2,021,417.(8 All other assets as detailed in statement TotalAssets: 601,611.69 $191,281,097.86 LIABILITIES, SURPLUS AND OTHER FUNDS Losses (91.856,888 34 Loss adiustment expenses ' 13.877.775.02 Contingent commissions andotherslmilar charges Other expenses (excluding taxes, licenses and fees) Taxes, licenses and fees (excluding Federal income taxes) Federal income taxes (117.130.90) 776,788.64 312.811.25 334,000.00 Unearned premiums 35,138,925.56 Dividends declared and unpaid' (a) Stockholders . ' (b) Policyholders 2,126,976 71 Funds held by com panyunderreinsurancetreatles 1,386 00 Amounts withheld or retained by com. . pany for accounts ot others 137,845.17 All other liabilities, . as detailed in statement 3,903,360 62 Total Liabilities . (150,549,626 41 Special surplus funds: $2,000,000.00 Guaranty Fund 1.000,000 00 Unasslgned funds (surplus) 17,711,47145 Surplus as regards policyholders ; ' 40.711.471.45 To'"' ' " $191,281,097.86 BUSINESS IN NORTH CAROLINA DURING 1972 . The following are line 01 Business: Taylor Theater Edenton, N.C. IAST TIMES TONITE "Women in Cages" DOUBLE HORROR For Those Who Think They Cant be Scared FRI. THRROR Thai Ript the ft Screams right out of v your throat! : ?. f ismwo 1 Brother against Brother ' bit Savage Duel of Death SUN-MON-TUES , ft3 U A v. -4 WEDNESDAY ONLY (R) I p,,-!, a p F- Direct Premium yvrlrstn; Direct Louea Incurred. ! . v. , Fire . S30.4S7.il; tl.M5.1S. " Allied lines .m.Ui $1,310.3. Homeowners multiple peril - (140410.03; , S4I.I41.12. . .... Commercial multiple peril M,J1t.7J; - t,41.4.'. Inland marine (33.394.60i 17,537.11. -Workmen's compensation S34,7U.4S; .- (159,721.(4 Liability other than auto '. (147,N0.75; ' :, (55.106.01 " Private passenger auto liability ' (43.355 05; (26,4(5.30. Commercial auto liability (1M.016.M; (143.1N.73. Private passenger auto physical damage (14,074.41; (12,434.53. Commercial auto physical damage (67,924.65; (32,774.15. , Fidelity (1,29.65; (1.M0.00 Glass (1M.66; (91.75. Burglary and theft . (3,405.35; (1,521.63. Totals . (1.141,120.94; (513.M0.56. President Ralph J. Ladd . Treasurer W.I. Rough Secretary Elilah Pox ion Home Office 71 West Adams Avenue, Detroit, Michigan 40236 ; Attorney for service: John Randolph ' Ingram, Commissioner of Insurance, Raleigh, N.G.. ' - NORTH CAROLINA " -' DEPARTMENT OP INSURANCE 'Ji, Raleigh, October 16, 1973. , I. John Randolph ' Ingram, Commissioner of Insurance, do Hereby - certify met me above is a true and correct abstract of the statement of the Michigan Mutual Liability Company filed with this -Department, showing the condition of said . Company on the 31st day of December, . 1972. .. .' Witness my hand and Official seal, the -day and date above written. .(SEAL) . John Randolph Ingram Commissioner ot Inference ' STATEMENT .: ' CIMARRON INSURANCE COMPANY, INC. ' ASKTS . - Bonds $2,179,042.52 Stocks ' 2,016,(55.56 . Mortgage loans on real estate 23,760.70 ' Cash and : " bank deposits . 2.907,470.36 Agents' balances or un collected premiums, net 565,765.17 : Bills receivable, taken for premiums 5.70 Reinsurance recoverable on loss payments 57,522.04 Interest, dividends and real estate tncomedm and accrued 32,434.49 All other assets as detailed In statment 109,349.34 Total Assets: (0,592,214.66 LIABILITIES, SURPLUS AND OTHER FUNDS Losses (692.664.09 Loss adiustment expenses 172,619 31 '' ' Contigont commissions and other similar charges 142,1(6.36 Other expenses (excluding ;. taxes, licenses andfees) 27,760 80 Taxes, licenses and fees (excluding Federal Income taxes) 121,613.11 Federal Income taxes 120,019.95 Unearned premiums 2,639,572.00 Borrowed money 47,827.34 Amounts wlthetd or'retalned . by company for account of others 6,350.55 Excess of liability and compensation . statutory and voluntary reserves over case basis and loss expanse reserves 309,177.(3 All other liabilities as detailed In statement 1104,071.53) Total Liabilities $4,875,970.86 Capital paid up $1400.000.00 Gross paid In and contributed surplus 1,K9,761.46 Unasslgned funds (surplus) 1,416,482.34 Surplus as regards policyholders 3,714,243.00 Total (8.591,214.66 BUSINESS IN NORTH CAROLINA DURING 1972 The following are Line Business; Direct Premiums written; Direct Losses Incurred; Fire-$6.577.30; $2,210.95. Allied llnes-$)S6,480.70; $64,220.76. Tolals-$161,058.00; $66,447.71, President Leigh Warner : I Treasurer L.W. Alvls Secretary Sidney Warner Home Office Main Street, Cimarron, Kansas 67(35. Attorney for service: John Randolph Ingram, Commissioner of Insurance, Raleigh, N.C. ' it! -NORTH CAROLINA DEPARTMENTOF INSURANCE Raleigh, October (, 1973. ' I. John Randolph Ingram, Commissioner of Insurance, do hereby certify that the above is a true and correct abstract of the statement of the Cimarron Insurance Company, Inc. filed with this Department, showing the condition of said Company on the list day ot December, 1972. Witness my hand and Official seal, the day and dale above written. (SEAL) ' John Randolph Ingram Commissioner ot Insurance STATEMENT CIM INSURANCE CORPORATION ... ASSETS Bonds $4,698,278.11 Stocks 3,600,787.50 Cash and bank deposits 55,055.95 Agents' balances or un- ' collected premiums, net (3,419,789.72) Reinsurance recoverable on loss payments ' 1.737,198.97 Interest, dividends and . real estate income due and accrued 65,123.58 All other assets as detailed In statement 1,216,094.0 TotalAssets: (7,972,748.52 LIABILITIES, SURPLUS ANDOTHER FUNDS Losses $389,333.40 Loss adiustment expenses 65,116.01 Other expenses (excluding . .faxes.licensesandfees) (,444.65 Taxes, licenses and fees (excluding Federal income taxes) 64,372.91 Unearned premiums . ,Amounts withheld or retained by company 4or account of others All other liabilities, as detailed in statement Total Liabilities Special surplus 1,813,045.59 15.574.02 (2,358,125.75 funds: , (1,030,270.10 ' capital paid up 1,000,000.00 Gross paid In and - - contributed surplus 500.000.00 Unasslgned funds (surplus) 3,0(4,352.67 Surplus as regards I policyholders 5.414,622.77 (7,972,748.52 Total BUSINESS IN NORTH CAROLINA OURINO 1971 TheffbllowingareLINE OF BUSINESS; 1 Direct Premiums Written; Direct Losses Incurred. Private passenger auto physical damage-1,427,500.21; 1,911,324.98. Totals-(3,617,500.21; (1,911,326.98. President F. A. Mingle Tresurer Robert C. Lake Secretary Edward A. Fucilk) Home Office 767 Fifth Avenue, New York, New York 10021 Attorney for service: John Randolph Ingram, Commissioner of Insurance, Raleigh, N.C. .. . NORTH CAROLINA DEPARTMENT OF INSURANCE Raleigh, October (, (973. "I, John Randolph Ingram, Commissioner ot Insurance, do hereby certily that the above is a true and correct abstract of the statement ot the CIM Insurance Corporation filed with this Department, showing the condition of said Company on the 31st day of December, 1972. Witness my hand and Official seal, the day and date above written. - (SEAL). John Randolph Inoram ' . Commissioner of Insurance STATEMENT FEDERAL LIFE INSURANCE . " COMPANY (MUTUAL) " V, ' .. ASKTS , ' (31,103.K4.4 Stocks i' Mortgage loans on ' . real estate . " Real estate ' '-. Policy loans l v. Cash and bank deposits . 1,077,599.11 11,050,7(6.62 1.173,783.06 5,544,99627 551.940.47 Life Insurance premiums and annuity " . consider at ions deferred and uncollected - 1,401.514 97 Accident and health premiums , due and unpaid - , 135,715.49 Ail other assets (as detailed in annual statement I 1 404.201 46 Total Assets (75,650,(2317 LIABILITIES, SURPLUS AND OTHER FUNDS Aggregate reserve for life policies and contracts (S4,4S5,l49.uD Aggregate reserve for cclden and health policies 1,(31,141.94 Supplementary contracts without life contingencies ,i Ufa ' '431-4 Accident and health , ..M Policyholder's dividend ,. . accumulation 4,475,105.54 Provision for policyholder's ;- ( dividends payable the following calendar year 600,756.00 Premiums and annuity cemldaratlon received In advance 52,174.05 Commission to agents due ?., or accrued 64,408.55 Taxes, licenses and fees due or accrued ' (Excluding Federal Income ' Taxes) - IJ4.915.34 Federal Income Taxes Due or Accrued 44,000.00 Remittances and items not allocated 165494.54 : Interest thereon 950,owi.w Mandatory securities valuation - " reserve 700,352.34 All other liabilities (as detailed In annual statement) , t 5,25101.34 Total Liabilities (except - . Capital) (70,685,7(5.13 Unasslgned funds (4i965,0K.74 Total $75,650,(23.07 BUSINESS IN THE STATE . OF NORTH CAROLINA DURING 1972 Direct premiums and annuity considerations (Excluding Reinsurance Accepted and without Deduction of Reinsurance Ceded); Ordinary; Total are the following; Life Insurance; 19,385.96; 19,385.96. Totals; 19,385.96; 19,385.96. The following are Policy Exhibit and Ordinary; In force December 31 of previous year No. 794; Amount 1,576,0(3. Ceased tone In force during year (Net) No. 21; Amount 113,714. In force December 31 of current year No. 773; Amount 1,464, 359. Direct Death Benefits and. Matured Endowments Incurred (Excluding Reinsurance Accepted and without Deduction of Reinsurance Ceded) Ordinary and total are the followlVfeft Incurred during current year No, ,fi7k! Amount 14,040.27; No 12 Amount Settled during current year a. By payment In full No. 11 Amount 13,040.27; No. 71 Amount 13,040.27, Total paid No. 11 Amount 13,040.37; No. II it ajji in. ..iMunit Ma 11 Anwuait 13.040.27 No. 11 Amount 13.040.27 Unpaid Dec. 31, current year No. 1 Amount 1,000.00 No. 1 Amount 1,000.00 Accident & Health Premiums (10,599.02 Accident 1 Health Losses Incurred (2,613.5( - President A.G.' Williamson Treasurer Joseph N. Warga Secretary Alfred J. Sepkowskl Home Office North Cicero Avenue, cnicago, Illinois 60646. Attorney for servle: John Randolph Ingram, Commissioner of Insurance, Raleigh, N.C. . NORTH CAROLINA DEPARTMENT OF INSURANCE Raleigh, November 9, 1973. , (SEAL) ... i, John Randolph Ingram, Commissioner of Insurance, do hereby certify that the ebove is a true and correct abstract of the statement ot the Federal Life Insurance Company (Mutual) filed with this Department, showing the condition of said Company on the 31st day of December, 1972. Witness my hand and Official seal the day and date above written. John Randolph Ingram . . Commissioner of Insurance STATEMENT FEDERATED LIFE INSURANCE COMPANY ASSETS . Bonds . $15,165,665.15 Stocks 4,711,438.50 Mortgage loans on real estate 1(0,547.12 Policy loans 727,949.45 Cash and bank deposits 474.609.64 Life insurance premiums and annuity considerations deferred and un collected 1,103,259.71 Accident and health premiums due and unpaid 8,171.31 All other assets (as detailed in annual statement) 6,493,611.55 1.55 TotalAssets $29,065,272. LIABILITIES, (URPLU( " ANDOTHER FUNDS Aggregate reserve for : life policies and , -' contracts Aggregate reserve for -accident and health -policies Supplementary contracts pfle- without life . ., ... ' - 't. contingencies ... 35,198.00 Lite ' 191,285.00 Accldentandhealth ' 4,255,447.00 Premiums and annuity consideration received in advance 27,130.09 Commission to agents due or accrued 47,744.00 , General expenses due . . or accrued - . 160,514.65 Taxes, licenses and tees due or accrued - ( Excluding Federal Income , Taxes) 104,449.53 Federal Income Taxes ' Due or Accrued 150,000.00 Remittances and items notallocated 71,462.93 Mandatory securities valuation reserve 136,956.25 All other liabilities (as detailed in annual statement) . 791,791.45 Total Liabilities (except , Capital) (20,176,457.10 Capital paid up ' (1.000.000 00 Gross paid in and . contributed surplus 1.500.000 00 Special surplus ' funds (40.(00 00 Unasslgned funds (5,908,015.24 U,886,(1S.24 Total (29,065,272.34 BUSINESS IN THE STATE OF NORTH CAROLINA . DURING 1971 DIRECT PREMIUMS AND ANNUITY CONSIDERATIONS (Excluding Reinsurance Accepted and without Deduction of Reinsurance Ceded) -ORDINARY; GROUP; TOTAL are the lollowing. Life insurance $150,31. Mi (112,045.29; $272,427 II ' ' Annuity considerations - $15,902.02 Total $15,902,02. ' Totals- . $164,181.(4; 5288.329.11. ' (122,045.21 The followlna are POLICY EXHIBI ORDINARY; GROUP. S ?; In force December 31 of previous veer ' No. (08, Amount, 9,294,8(1; Number M Policies. 8. Amount, 19,401.197. : iueu During year . no, ou. Ameunr.Vg ; 834.051. .,: . . . '- , . .t ; Ceased to be In force during year (Net) " : : No. 57, Amount 1,262,260; Number ot Policies, 1, 3.230.111. In force December 31 of rurrent wear i NO. 111. Amount 8.(60.674; Number Of Policies, 7. Amount, 14,373.076. DIRECT DEATH BENEFITS AND MATURED ENDOWMENTS INCURRED (Excluding Reinsurance Accepted and without Deduction of Reinsurance Ceded) ORDINARY; GROUP; TOTAL are It following. ;-. - Unpaid December 31, previous year -No: 1, Amount 5,000. OOTOTAL, No. I, Amount 5.000.000. -incurred during current year - No. 9, Amount 57,782.44; No. of Certlls., 37. Amount 33,120.00. Total No 46, Amount (85.907 44 - . Seitird during current year:' A. By payment in full No.. 8. Amount, (51,932.00; No. 01 CertHs.. 17, Amount $33,120.00; Total NO. 45, Amount $85,052.00. j c. Total paid No. 8, Amount 51.912.00. i No. of CertHs., 17, Amount 11,120.00. Total No 4V lnu.nl UtlU.M - f f. Total settlements No, . Amount $51,932.00, No. of CertHs. 17. Amount f $31,120.00, No. 45, Amount S8S0S70O' Unpaid Dec. 31, current year No. J, . t Amount $5950.44; Total No 3: Amount i $5450.44... Accident (, Health Premlumsi$5,S78.20 . ( President C.I. Buxton II I Treasurer Paul Otteson ? Secretary James B. Hamilton . s Home Oflfce 179 East Broadway, , Owatonna, Minnesota 5500 . Attorney for service: - John Randolph .Ingram, Commissioner of Insurance, : : (Uleiqh, N e. ! (SEAL) '.' NORTH CAROLINA DEPARTMENTOF INSURANCE Raleigh, November 9, 1971. , .1. - ' John . . Randolph Ingra irm, l Commissioner of Insurance, do hereby certify that the above is a true and correct abstract of the statement ot the Federated Lite Insurance Company filed witn this Department, showinq the condition ot sai Company on the 31st nay Of Pitfn lxr 1977 Witness my hand and Official seal I' day and date-above written... -John Rendaiah l Commissioner ot Ir - J r m A
The Perquimans Weekly (Hertford, N.C.)
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Jan. 10, 1974, edition 1
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