LIVERPOOL AND LONDON AND GLOBE INS. CO.                     941
DEDUCT ASSETS NOT ADMITTED.
Agents' balances representing business written prior
to October 1, 1912 ...................................  $76, 87.1. 92
Farm notes ........                                      2,091 83
Mortgages over amount allowed by law of N. Y. S ....    36,668 00
Book value of ledger assets over market value:
Bonds, $245,934.66; stocks, $95,987.46..............  341,922 12
4 57,5 55 87
Total admitted assets ........................................ $13,739,21-8
97
LIABILITIES.
Gross losses adjusted and unpaid, not yet due .......  .$49,047 67
Gross claims for losses in process of adjustment or
in suspense, plus $90,478.00 reserve for losses in-
curred prior to December 31, of which no notice had
been received on that date ......................... 1,245,474 01
Gross claims for losses resisted ......   ..............  141,831 00
Total.                        ..               $1,436,352 68
Deduct reinsurance due or accrued in companies au-
thorized in New York ...............................  583,622 00
Net amount of unpaid losses and claiins..                     $852,730 68
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, $5,167,728.03; un-
earned premiums (fifty per cent) .................. $2,583,864 02
1913 premiums (100 per cent) ........................  104,662 97
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $9,660,633.50; umI-
earned premiums (pro rata) ........................ 5,092,503 49
Gross premiums (less reinsurance) (cash and bills)
received and receivable upon all unexpired inland
navigation risks, $491,573.51; unearned premiumns
(50 per cent) ............  ..........................  245,786 76
Gross premiums (less reinsurance) (cash and bills)
received and receivable upon all unexpired marine
risks, $75,751.07; unearned premiums (100 per cent)   75,751 07
Total unearned premiums as computed above ................8 ,102,568 31
Amount reclaimable by the insured on perpetual fire insurance pol-
icies, being 95 per cent of the premium or deposit received .......  186,527
67
Net premium reserve and all other liabilities, except capital, under
the life insurance or any other special deoartment .................  4,578
77
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  1,617
34
Estimated iamount hereafter payable for federal, state and other
taxes based upon the business of the year of this statement 8.... .  13,303
15 6
Commissions, brokerage and other charges due or to become due
to agents and brokers ............................................  60,79!3
0-4
Return premiums, $71,470.19; reinsurance premiums, $236,656.49 ....  308,126
68
All other liabilities: Reserve for unknown liabilities ..............  20,000
0(
Total amount of all liabilities except capital ................. $9,723,246
05
Statutory deposit .....$200..............              200,000 00
Surplus over all liabilities ........................,.3,815,972 92
Surplus as regards policyholders .................................... 4,015,972
92
Total liabilitie *- ......................   .. .. ...  ...... $13,739,218
97