9:04                 BRITISH    AMERICA ASSURANCE CO.
CALEDONIAN INSURANCE COMPANY
Edinburgh, Scotland.
IJ. S. Branch Oflice, 50 and 52 PINE STREE T, NEW      YORK CITY.
[Incorporalted, A. D., 1805; conmmienced business in U. S., 18,90; admitted,
1890.]
1,. S;. Maiagl-er, C:EIAS. 1-I. POST.
Assistant U. S. Manager, it. C. CHRISTOPHER.
CAPITAL STOC1K.
Statutory (el)osit ..........   ...........................  $225,000 00
Aumomint of ledger assets Decemnber 31 of previous year ..........$ $2, 132,022
61,
INC'OME.
Fire.
Gro.ss preinums ..............        ........   ... ... $2,161,769 18
De(luct gross amount paid       for reinsurance, fire,
$377,250.94; return premiums, fire, $357,227.54 ......   734,475 48
Total premiums (other than perpetual) ....           ....... $1,427,290 70
Gross interest on bonds and dividends on stocks. less
$1,158.60 accrued interest on bonds acquired during
tile year .................................              $55,531 59
C; ross interest on deposits in trust companies and
ianks ..........................                           1,937 1.8
Gross rents    from  company's    property, including
$4,(05-0.100 for company's occupancy of its own build-
ings  .........     ............................. ..........  45,316   62
Total gross interest and rents ......        .........................  1'02,
785 39
(Bross profit On sale or maturity of ledger assets:
Bonds ....$ $930 00
Stocks                                                     1,142 85
2,072 85
Total income ............                                      $1,532,148
94
Total footings .      ........................................ $3,664.171
55
DISBURSEMENTS.
Fire.
Gross ,amoumit paid policyholders for losses (includ-
ing $132,134.07 occurring in previous years) ....  .... $1,024,109 33
Deduct amount received for salvage, fire, $6,417.81;
reinsurance, tire, $181;764.67; discount, fire, $860.74  189,043 22
Net amount paid policyholders for losses .....          .         $835, 0C66
11.
Expenses of adjustment and settlement of losses ...          .............
 42,852 14
Comnmissions or brokerage .......                 ..........            
312,433 87
Salaries, $14,589.44, and expenses, $19,443.47, of special and ge'neral
agents .     ...................................... ................    34,032
91
Sal.aries, fees, and all other charges of officers, directors, trustees,
and home office employes ........        ................................
 92,522 29
Rents ..........             ...............                            
  9,471 353
Advertisimg:, $1,170.30; printing and stationery, $8,954.66 .... .......
 10,124 96
Postage, telegrams, telephone and express .....         ...................
 11,396 25
Legal expenses .       ...................................................
   47 22
Furniture and fixtures ..........      ...................................
  762 00
MIaps, including corrections ........      .................................
 4,792 00