The mutual life leads - others follow / A. Hoen & Co. Baltimore.

Print shows a horse race in progress at a racetrack; each horse and jockey represents a different insurance company, in the lead is "Mutual Life of N.Y." followed by "Equitable of N.Y., New York Life, Penn Mutual, Mutual Benefit, Mutual of Kentucky, Washington Life, Imperial [whose jockey is standing on the ground, beating his horse], Aetna, Union Central, [and] Provident Savings" whose horse has just thrown the jockey.
W19891 U.S. Copyright Office.

Signed on stone on lower right: A. Hoen & Co. Baltimore.
Copyright 1891, by Edw. L. Gernand, Columbia, S.C.
Copyright stamp and number appear on lower right corner.
Includes a chart in the upper right corner labeled "Life Insurance in South Carolina, 1890", which ranks the insurance companies identified in the horse race in terms of dollar amounts of "Insurance Written", "Premium Recieved", "Losses Incurred", and "Insurance in Force".