ATLAS ASSURANCE CO.                             89:3
ATLAS ASSURANCE COMPANY, LTD.
London, England.
[Incorporated 1808; commenced business in U. S., 1886; admitted 1892.]
U. S. Branch Office, 100 WILLIAMI STREET, NEEW     YORK CITY.
Manager, FRANK LACK.
CAPITAL STOCK.
Statutory deposit .$200,000 00
Amount of ledger assets December 31 of previous year ........... $2,s85,t;74
02
INC'OME.
Fire.
Gross premiums ..............$............... $2,589,Ub8 03
Deduct gross amount paid      for reinsurance, fire,
6456,948.36; return premiums, fire, $416,837.80 ......  873,786 16
Total premiums (other than perpetual) .....      ................. $1,715,911
87
Gross interest on bonds and dividends on stocks, less
$4,120.89 accrued interest on bonds acquired during,
the year .   ...........................................  $82,624 33
Gross interest on deposits in trust companies and
banks .   .............................................  1,863 25
Gross rents from company's property, including
.$700.00 for company's occupancy of its own build-
ings ................................................   3,748 81
Total gross interest and rents ......      .........................  88,236
39
From  other sources: Remitted from home office .....      ............  243,078
47
Total income ..........                                      $2,047,226f
7.'
Total footings ..........                              $4,732,901 35
DISBURSEMENTS.
Fire.
Gross amnpunt paid policyholders for losses (includ-
ing $135,073.83 occurring in previous years) ........ $1,065,254 73
i)educt amount received for salvage, fire, $10,788.45;
reinsurance, flre, $213,210.38; discount, fire, $753.76  224,752 59
Net amount paid policyholders for losses .....$0..............  840,502 14
Expenses of adjustment and settlement of losses .....    .............  27,133
47
Commissions or brokerage .........       ...............................
 31.8, 52 92
Allowances to local agencies for miscellaneous agency expenses ..      4,779
52
Salaries, $41,716.97, and expenses, $40,921.38, of special and general
agents .82,63835...............................................  .....
Salaries, fees, and all other charges of officers, directors, trustees,
and home office employes .....        ................................. 
111,721 93
Rents, including $7001.00 for company's occupancy of its own build-
ings .................. ............................................  17,387
76
Advertising, $6,788.20; printing and stationery, $8,721.58 .... ......  15,509
78
Posta~ge, telegrams, telephone and express .....     ...................
 14,266 96
Legal expenses .     .....................................................
 75 04
Furniture and fixtures ..........     ..................................
 2,033 94
Maps, including corrections ........       ..............................
 5, 700 10
Underwriters' boards and tariff associations ............  ..........  2.3,755
37
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses ............     ..................................  7,843
2.0