IRLIANCE INS. C'O.                             785
RELIANCE INSURANCE COMPANY
Philadelphia, Pennsylvania.
Home Office, 429 WALNUT STREET.
[icorporatited April 21, 1841; commenced business August 9), 1844; admitted
March, 1891]
President, WM. CHUFF.                         Vice President, JOHN GLADING
Secretary, CHAS. WISTER.
CAPITAL STOCK.
Amiount of capital paid up in cash .....    .............  $400,0 0 0o
Amount of ledger assets December 31 of previous year ........      $1,809,857
35
INCOME.
Fire.
Gross premiums .............                       - $1,571,624 70
I)educt gross amount paid      for reinsurance, fire,
$341,892.82; return premiums, fire, $320,680.07.      '662,572 89
Total premiums (other than perpetual) .....       ................  $909.051
87
Deposit premiums written on perpetual risks.                            3,537
50
Gxross interest on mortgage loans ......      .......      $4,796 27
Gross interest on bonds and dividends on stocks, less
$727.08 accrued interest on bonds acquired during
the year .52....................................        52,630 42
Gross interest on deposits in trust companies and
lianks .........887 36
l~al~ .................... ...... .................   873
Gross rents from company's property, including
8;n5.0000O for company's occupancy of its own build-
iIngs ..                                                 8,778 00
Total gross interest and rents .......      .......................  67,092
05
Prom  other sources: Transfer surveys ......         ....................
 481 34
Gross profit on sale or maturity of ledger assets; bonds ........       
 1 80 00
Total income .     ...............................................  $980,342
76
Total footings ...........    .............................. $2,790,200 11
DISBURSEMENTS.
Fire.
Gross amount paid policyholders for losses (includ-
ing $8.900.181 oecurring in previous years) .... .....  $768,223 42
Deduiet amouint received for salvage, fire. $6,1026.71:
reimsurance, fire, $191,167.09; discount, fire, $621.75  197.815 55
Net amouint pa)iid policyholders' for losses ..... ...............  $570,407
87
Expsenqes of adjustment and settlement of losses .....      ........... 
12,179 29
Commissions or brolkerage     .......      .............................
 201,105 17
lareq. *a$26.378.010, and expenses, $14,784.12, of special and general
aa ermts .  ........................................................... 
41 ,162 12
Salaries. fees, and all otler charges of officers, directors, trustees.
anmd  boimme ofli c  CPnT)lOyes  ........ ............................  65,934
94
Ronts. im'telmd(ilim $3.00.-00 fom  company's occupancy of its own
l'mildis .                                                          8,702..........................................................
  ,72 56
Ad-elrt'simma- $1,738.68; printing and stationery, $10,743.25 ........  12.48S
93
Postage. tele.grams, telephone and express ......    .................. 
93   46
Legal expenses ...................   .................................  
 340 87
Furniture and fixtures ...................                             1,596
93