PATENTED JULY 24, 1883. CHARACTERIZED BY BRIGHTEST, PUREST TONES, GREATEST DURABILITY, IMPROVED METHOD OF STRINGING. The Strings being directly secured to the iron frame by metal fastenings will not require tuning one-quarter as often as Pianos on the old system. This new mode of piano construction, invented by Mason & Hamlin in 1882, has been fully proved, many excellent experts pronouncing it the “greatest improvement made in pianos of the century.” WARRANT.—_Each piano will be accompanied by the fullest warrant. Determined to achieve the very highest reputation for their pianofortes, should defect develop itself in any one, the Company will be more eager to correct it than the purchaser can be to have them._ Pianos can be rented, if preferred, at moderate cost, with privilege of purchase. MASON & HAMLIN ORGANS [Illustration] THE WHOLE WORLD SAYS: At every Great World’s Exhibition since 1867, these organs have been awarded the Highest Honors. Supplied to Her Majesty Queen Victoria. Used in Westminster Abbey. Used in St. James’s Hall. Always used by Ira D. Sankey. After having used a Mason & Hamlin Organ eight years at Corisco Island, off the western coast of Equatorial Africa, the Rev. C. De Heer, Missionary, writes: “This is the only organ, American or European, that has not gone to pieces within six months after its arrival.” 100 Styles, $22 to $900. Catalogues free. MASON & HAMLIN ORGAN & PIANO CO., BOSTON, 154 Tremont St.; NEW YORK, 46 East 14th St.; CHICAGO, 148 Wabash Ave. * * * * * STATEMENT. PHENIX INSURANCE COMPANY OF BROOKLYN, N.Y. JANUARY 1st, 1887. CASH CAPITAL $1,000,000.00 GROSS SURPLUS 4,383,171.68 ————————————— Gross Assets $5,383,171 68 ============= ASSETS. United States Bonds, market value $1,104,250.00 Other Stocks and Bonds 1,502,858.90 Loans on Bond and Mortgage 294,900.00 Loans on Call 80,758.76 Cash in Bank and Office 495,135.83 Real Estate 1,082,787.53 Premiums in Course of Collection 667,231.88 Interest Accrued 11,716.42 Bills Receivable for Marine Premiums 140,284.55 Rents Due and Accrued 3,247.81 ————————————— $5,383,171.68 ============= LIABILITIES.