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Show THE MATTER OF LIFE INSURANCE. What a tremendous business that of life Insurance is, in this country! We have a sheet of the Insurance Press of New York, showing in part the business done last year In the United States. The vtotal payments distributed in 1903 on account ac-count of life loss was 534MG3.G79. Unfortunately, Un-fortunately, the other side Is lacking the amounts collected on new policies written, and in annual dues on policies in force. This Information is csBeiltlal in order to nrrive at the balance fihoet for the different communities, and to show whether, on the whole, this form of investment Is advantageous for the local communities, while In many cases of undoubted good to the families or creditors of the Individual. There is a marvelous growth in this form of Investment. It reverses the ordinary old form of having the capital capi-tal and Investing it so as to receive annual an-nual returns- in interest; for Hfo Insurance Insur-ance requires the payment of the small sums, which may stand for tho Interest on the capital to come, and then these are capitalized and paid at the end ot the transaction. It has been more or less populat for hiany years, but Is now getting to be a regular furore. Estimating Estimat-ing the amount of life insurance by the rule laid down In the Press, that the annual payments on death claims and matured endowments average aboutone and one-half per cent of the amount of Insurance In force, that amount of Insurance In-surance now outstanding is in the neighborhood of twenty-three billion dollars, in the United States. The amount of this life insurance in force in Salt Lake City at this time is given at 529,900,000. The amount of claims paid in this Stale during 1903 was S572J0C. This amount was divided among the several localities of Utah as follows: Anicrl'n Fork.$ 3,000 Ogdcn 5 19,256 Annabellu 2,300 Pangultch .... 2.000 Bear River .... 2,100 Park City .... 22,746 B'gh'm Ca y'n. Parowan 9.83S Bl'gh'm J'cfn.. 6.200 Price 1.-M0 Brlgham City. C.SfiO Promontory .. 6,200 Castlo Dale ... 1,500 Provo City ... 7,000 Draper 6.700 Rivorton 4,053 Eureka 4,300 Robinson 3,12o GnuiLsvillo .... 12.200 Sallna 5.200 Hinckley . 3.C00 Salt Lake City 303.2S0 Hot Springn 3,000 Sandy 4.3(0 Kanab 2,CC0 Sco lipid ' 1,000 Kunflah (?) ... 6,000 Spanish Fork. 2,000 Klmbcrly 3,120 Sprlngvlllo ... S.OVi Lnyion 9,000 Stockton 5,260 Logan 3.100 Vernal G.10O Mammoth .... 3,000 Washington .. 3.021 Meadow Val'y 6,240 Wellsvillo . . .. 2.5fYi Mendon 2.000 Wont Jordan . 1.500 Mercur 3.000 Industrial .... fi.O-tt Mlncrsvllle ... 3,200 Unclassified .- 6,000 Mt. Pleasant.. 10.300 Murray 4.3GO Total ?372,20t Payments 6f $10,000 or more wore reported re-ported to the Insurance Pres's as follows: Grnntsvlllc Arthur Bates. $10.0CO. Salt Lake City John L. Bockctt, $11,-000; $11,-000; George A. Lowe, ?2S,75I. Truly a substantial sum. Much interest inter-est would attach to a statement of what It cost to get It, If such figures were possible to get. |