Show TRANSFERENCE WORK 01 POLICIES BEGUN Further Statement Is Made Concerning Details of the Big Deal. The work of transferri ig the ndustr aj policies of the Beneficial Life Insurance con pany of t s city to the Motropo ltan of New York began jesterday under the direction of tl e local agency force of the Metropol tan The Insurance belns rans ferred amounts to app ox mate 5 $1 !00 0O0 represen Ing the c ass of po ic es wr t ten on the veckly pajment basis pr n ctpa y on the 1 ves of children In small amounts The regular business of the Beneflc a con pany Is In no "way affected bj the transfer and no changes either in the s aff o plan of operat on are contem p ated according to a staten ent made last even ng Discussing the transfer of tl e industr al bus ne s of the Benef c al compan to t e Met opo tan and the effect upon t e Benet c al and its regu ar or o d ne po cy holders Lorenzo N Sto v ce p es dent and manage n ad the fo ow ing statement to Tl e Tribune ve-terday There seems to 1 a e been some mis un lerstond ng in t e n nds of some pe sons regarding the t ansfer of our industrial bus ness to the Metropol ltan Industr al insurance is the form w tten in sma 1 anounts in the fam i es of wage earners prlne pally on the 1 ves of children and upon whicl paj nents aro made upon a week y bas s This department which repre sents an 1 cons derab e part of our bus ness is sepa ate and d s inet from the regular bus ness of 1 a Benef clal company and our old 1 ne or stand ard po Icy 1 olde s are in no way af fected by the t ansfer In d scont nu ng the Issuance of in dustr al Insurance we are eatisf ed we aro serving the best interests of a 1 concerned but I hope the publ c wl 1 fu y understand t at the regu ar po Icy holders are not affected in any way The year jnst clos ng is proving to be by far tl e most successful in our h story TVe now ha e more than $15 000 00O of regx lar 1 fe poll les in force and p ans for 1915 contemp ate an aggress ve campaign throughout the entire lntermounta n region Our bus ness for 1914 is more than $1 000 000 ahead of 1913 and next year we expect to n ake still greater progress The industrial agents of the Beneficial have been emp oyed by the Metropo itan and are ass sting in the transfer of the po cles |