996                        PHENIX    FIRE INS. CO.
Other disbursements:
Paid for interest on deposits to Nationale Fire Ins.
Co. and L'Abeille Fire Ins. Co., under reinsurance
treaty .$184 57
Surety bonds ..........                                    160 81
Remittance to home office ........   ...................  50,000 00
Auditing books .............   ........................     56 25
50,401 63
Total disbursements     .........................................  $234,944
96
Balance .    ................................................  $618.413 66
LEDGER ASSETS.
Book value of bonds ...............                     $501,000 00
Deposits in trust companies and banks on interest ...     54,261 85
Agents' balances representing business written sub-
sequent to October 1, 1912 ..........................  63,151 81
Total ledger assets ............    ..............................  $618,413
66
NON-LEDGER ASSETS.
Interest accrued on bonds ..........................................    6,191
66
Gross assets ................  ..................................  $624,605
32
DEDUCT ASSETS NOT ADMITTED.
Book value of ledger assets over market value .....................     2,000
00
Total admitted assets .........     ...............................  $622,605
32
LIABILITIES.
Gross losses adjusted and unpaid, not yet due ........  -  $457 69
Gross claims for losses in process of adjustment or
in suspense, plus $12.45 reserve for losses incurred
prior to December 31, of which no notice had been
received on that date ..............................   22,807 94
Total ........................................... $23,265 63i
Deduct reinsurance due or accrued ...................     4,127 56
Net amount of unpaid losses and claims           .      .       $19),138
07
Gross premiums (less reinsurance) received and re-
eeivalble upon all unexpired fire risks running one
yea1 or less from date of policy, including interest
premniums   on  perpetual  fire  risks, $157,770.59;
unearned premiums (fifty per cent) ...               ..............  $78,885
30
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from   date of policy, $83,016.08; un-
earned premiums (pro rata) ........................    58,643 13
Total unearned premiums as computed above .............         137,528 43
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement ............  4,300
00
Commissions, brokerage and other charges due or to become due
to agents and brokers ............    ................................  20,
840 0)9
Reinsurance premiums .............................................    33,420
70
Total amount of all liabilities except capital .  .....        $215,227 29
Statutory deposit .......        ................      $200,000 00
Surplus over all liabilities............................  207,378 03
Surplus as regards policyholders ...................................  407,378
03
Total liabilities ..............................................  $622,605
32