674                       NEWARK     FIRE INS. CO.
LIABILITIES.
Gross losses adjusted and unpaid, not yet due ........  $19,777 23
Gross claims for losses in process of adjustment or
in suspense, plus $4,724.00, reserve for losses in-
curred prior to December 31, of which no notice
had been received on that date .....................  65,075 03
Gross claims for losses resisted ......................  13,044 00
Total .$.                                    . $97,896 86
Deduct reinsurance due or accrued ...................... .18,986 00
Net amount of unpaid losses and claims .....................  $78,910 80
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from date of policy, including interest
premiums on perpetual fire risks, $488,134.40; un-
earned premiums (fifty per cent) ........... I .......  $244,067 20
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $565,074.64; un-
earned premiums (pro rata) ........................  331,192 60
Total unearned premiums as computed above ......     .........  575,259 80
Dividends declared and unpaid to stockholders ....................    8,285
75
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  1,521
09
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement .......... .15,000
00
Reinsurance premiums ...........      ................................. 
10,914 86
Total amount of all liabilities except capital .................  $689,892
36
Capital actually paid up in cash .....................  $500,000 00
Surplus over all liabilities ............................  728,849 81
Surplus as regards policyholders .........................1.... 1,228,849
S1
Total liabilities ............................................. $1,918,742
17
RISKS AND PREMIUMS.
Gross
Fire         premiums
risks.         thereon.
In force on the 31st day of December 1911 ..........  $90,840,034  $882,475
11
Written or renewed during the year ...............   94,816,641   1,007,418
80
Total ..................                      $185,656,675  $1,889,893 91
Deduct those expired and marked off as terminated    63,720,791     670,340
71
In force at the end of the year ............... $121,935,884  $1,219,553
20
Deduct amount reinsured ........................     15,490,403     166,344
16
Net amount in force ........................... $106,445,481  $1,053,209
04
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