514


GLOBE & RUTGERS FIRE INS. CO.


LIABILITIES.
Gross losses adjusted and unpaid, not yet due .$93,631 00
Gross claims for losses in process of adjustment or
in suspense, plus $10,000 reserve for losses incurred
prior to Decemiber 31, of which no notice had been
received on that date .                             564,252 00
Gross claims for losses resisted .39,153 00
Total .$697,036 00
I)educt reinsurance due or accrued in companies au-
tihorized in New York ....................          164,316 00
Net amount of unpaid losses and claims ......................$ 532, 720 00
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, $3,333,833.53; un-
earned premiums (fifty per cent) .................... $1,666,916 76
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $2,158,526.97; un-
earned premiums (pro rata)! ....................... 1,038,053 86
Total unearned premiums as computed above ................ 2,704,970 62
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  2,000
00
Estimated amount hereafter payable for federal, state and other
taxes based upon the business of the year of this statement ......  25,000
00
Commissions, brokerage and other charges due or to become due to
agents and brokers ..........     ....................................  49,992
2 1
Due and to become due for borrowed money ................ ? .......  335,000
00
Total amount of all liabilities except capital .........  $3,649,682 83
Capital actually paid up in cash ...................... $400,000 00
Surplus over all liabilities .........................,.3,199,724 88
Surplus as regards policyholders .......    ............................
3,599,724 88
Total liabilities ............................................... $7,249,407
71


RISKS AND PREMIUMS.
Fire
risks.
In force on the 31st (lay of December of the preced-
i img -year r. ........................................  $459,452,093
Written or renewed -during the year ................ 473,916,992
E1,xcess of original premiums over amount received
for reminsmirance ...........  ........................  ............
Total1 ........$.............. .$933,369,085
l.e,,dimet those exlpire(l and marked of'f as terminnatedl  408,650,256
T1m force aIt thle (enld of tile year ................. $524, 718,829
1 4,dolct ai.1mottilln irSlt-( -ed ..........................  47,629,688
Net. a1mommt ill for-ce......................... $477, 089,141


Gross
premiunis
thereon.
$5,284,286  11
,5,650,020 :10
404,853 09
$11,439,159 :10
.5,343,263 57
$6,095,895 73
603,5,35 23
$5,492, 360 50