WESTERN INSURANCE COMPANY
Pittsburgh, Pennsylvania.
Holme Office, ROOMS 120'3-11, 316 FOUIRTH AVENUE.
[Incorporated March 20, 1849; commenced business May 1, 1849; admitted, 1905.]
President, W. H-. NIMICK.                    Vice President, H. S. A. STEWART.
Secretary, D. DALLAS HARE.
CAPITAL STOCK.
Amount of capital paid up in cash .....      ..............  $300,000 00
Amount of ledger assets December 31 of previous year ...........        $978,066
02'
INCOME.
Fire.
Gross premiums ...........       ..........................  $873,579 62
Deduct gross amount paid for reinsurance, fire,
,$117,19S.43; return premiums, fire, ;167,891.88 ......  285,090 31
Total premiums (other than perpetual) .....         ................  $555,489
31
Gross interest on mortgage loans ......       ..........    $6,868 75
Gross interest on bonds and dividends on stocks, less
*379.17 accrued interest on bonds acquired during
the year .    ..........................................  24,208 94
(Tross interest on deposits in trust companies and
banks ................................................       324 97
Gross rents from company's property .....       ..........     276 00
Total gross interest and rents ......        ........................  31,678
66
From   other sources: Brokerage premiums ..........         .............
 2,880 23
Gross profit on sale or maturity of ledger assets:    Bonds ........    
    337 50
Total income ..........                                           $623,385
70
Total footings ..............    ............................ $1,001,451
72
DISBURSEMENTS.
Fire.
G'ross amount paid policyholders for losses (includ-
ilog .;(;9,468.05 occurring in previous years) .$402,914 25
lied (lt amount received for salvage, fire, $2,204.35;
eillsurao¢e, fire, $70,707.39; discount, $568.07 ......   79,479 81
Net amount paid policyholders for losses .            ..............  $323,434
44
41xJ)peses of adjustment and settlement of losses .        ...............
 7,654 10
,ommhmhmixsions or brokerage ........     ................................
 156,453 15
Allowvances to locoa agencies for miscellaneous agency expenses         
  3,135 15
Salaries, $10,818.84, and expenses, $13,878.80, of special and general
agen ts .............................................................   24,697
64
Salaries, fees, and all other charges of officers, directors, trustees,
and rome office employes ........         ...............................
 33,809 77
Rents ................... ............................................  
  7,351 86
Advertising, $1,901.04; printing and stationery, $4,246.35 ....  ...... 
  6,147 39
Postage, telegrams, telephone and express .....          ..................
 4,644 03
Furniture and fixtures ..........        ..................................
 1,601 83
Maps, incluling corrections ........       .................................
 2,599 44
Underwriters' boards and tariff associations ..............    r .......
  5,978 70
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses ..........       ....................................
 5,491 64
Inspections and surveys ...     .....................................   
  1,626 68
Repairs and expenses (other than taxes) on real estate         ..........
    81 20
'axes on real estate ............      ...................................
   '7 bt
State taxes on premiums .9. ',035 09
Insurance, department licenses and fees ......       ....................
 3,482 17