COMMERCIAL UNION FIRE INS. CO.


361


COMMERCIAL UNION FIRE INSURANCE COMPANY
New York City.
Home Office, 55 JOHN STREET.
j[Incorporated OctoLer 30, 1890; commenced business April 1, 1901; admitted
July, 1895.]


President, A. H. WRAY.


Vice President, C. J. HOLMAN.
Secretary, C. J. IJOLMAN.


CAPITAL STOCK.
Amount of capital paid up in cash ....................      $2010,   00
Amount of ledger assets Dec. 31 of previous year...................
INCOME.
Fire.
Gross premiums           ....................................  $730,514 96
Deduct gross amount paid for reinsnrance, fire,
$163,438.16; return premiums, fire, $142,289.55    ..      305.727 71
Total premiums (other than perpetual).....................
Gross interest on bonds and dividends on stocks, less
$1,512.23 accrued interest on bonds acquired during
the year .    ...........................................  $30,907 77
Gross interest on deposits in trust companies and
banks ..............................................           654 48
Total gross interest and rents..............................
Gross profits on sale or maturity of ledger assets, viz.: Stocks....


$933, 781 42
$424,787 25


31,562 25
I7 Ok'


Total Income ..............................................   $456,3396 50
Total footings ......................................   $1,390,177 92


DISBURSEMENTS.
Fire.
Gross amount paid policyholders for losses (including
$35,463.43 occurring in previous years) .............  $246,940 64
Deduct amount received for salvage, fire, $959.64;
reinsurance, fire, $72,635.76 ....... ..................  73,595 40
Net amount paid policyholders for losses..................
Expenses of adjustment and settlement of losses..................
Commissions or brokerage ........................................
Expenses of special and general agents.
Salaries, fees and all other charges of officers, directors. trustees
and home office employes .    .................. .................
Advertising, $30.60; printing and stationery, $3,387..............
Postage, telegrams, telephone and express.........................
Maps, including corrections .......................................
Underwriters' boards and tariff associations......
]yire department, fire patrol and salvage corps assessments, fees,
taxes and expenses.
Inspections and surveys ..........................................
Taxes on premiums ................................................
Insurance department licenses and fees.............................


$173,345 24
4,503 06
97,77S 48
5.947 58
6,054 93
3,.417 97
1 . 398 40
T86 77
3,8890 25
4.470 80
2. 362 It
5. 47 99
2.826 90