The rate of mortality experienced by the Company was low, being 55 per cent. of the expected.
Disbursements to the compony's policyholders during 1938, exclusive of policy loans, total U.S.$2,893,504.00. Since the organization of the company in 1906 the amount of benefits distributed in cash to policyholders and their beneficiaries total U.S.$43,- 113,665.64.
Requests for surrenders and policy loans have been the lowest for many years past, and substantially lower than the previous year, which is indicative of continued general improvement in business conditions.
The Department of Commerce announced today that gold entries into the United States during the week ended March 17 totalled $52,150,000.—Havas.
Text read from the printed page and cleaned; old type leaves the occasional error.