854                     WEPS'THEST]eR JIRti iNS. CO.
WESTCHESTER FIRE INSURANCE COMPANY
New York City.
Home tithce, 100 WILLIAMlt   STRtEET1I.
11Incorporated als a muitual Mlarch 1.4, 1837; cm-i-n1enee(led l)llsiness
as a joint stock
January 1, 187(0.]
Presidentt, (^      11O - I. CRAWFOR1D.        AVice President, JOHN H. KELLY.
Secretary, OTTO E. SCHAEIFER.
CAPITAL $TOCK.
Amount of c.apitail paid up in. cs ...................ch.  800,000 00
Amount of ledger assets D)ecenmbce 81 of previous year .............. $4,770;203
83
INCOMI'433
F'ire.
Gross l)remliums .      .................................... .4,780,069 81
Deduct    gross   'amtount  pjai(d   for   reinsurance,
$708,343.13; return prelmiumis, $710,187.11 ........... 1,418,530 24
Total premiums (other than perpetual) ...................... $3,361,539 57
Gross interest on mortgage loans .....................         $8,101 38
Gross interest on bonds and dividends on stocks, less
$2,348.48 accrued interest on bonds acquired dur-
ing the year ............    ...........................  200,395 97
Gross interest on deposits in trust companies and
banks .    .............................................    , 870 17
Gross rents from   company's property ................       :108 00
Total gross interest ¶lnd rents               .         .        2 11,475
52
From other sources: Refund, character unknownn .          ................
 1,545 00
Increase itt liabilities (luring the year o01 account of reinsurance
treaties .........................      ................................
 (1,905 31
From agents' balances previously charged off             .       .      
   446 91
(G>ross protit on sale or maturity of ledger assets:
Iteal estate .  ........................................  $,779 45
Stocks   .............................................        . 8,3'11  
87
____-        13, 091 32
Total  ineorine ..................  .   .   .   ..$3, 009, 0(.3 63
Total footings ........... $8, 379, 2')7 40
DI SBURJIT     N
Fire.
Gross amount paid policyholders for lo.sses (includ-
ing $277,582.82 occurring in previous years)       ........ $1,915.(660 78
Deduct amount received for salvage, $13,760.31.; reill-
suranee, $344,068.5. ............5..................... .357,828 84
Net amount oatid polmlyholders for lor   es .$1,557,831 94
Expenses of adjustment and settlement of losses ....................    
 2     881 5.3
(ommisw-    s or brokerage .........       ................................
5i73,750 40
Salarie-s $8L1.598.31, and expenses., $111,573'.58 of special and general
agens....                            ................................  176,171
S4
Salaries. fes and all other charges of officers, directors. trustees
and hoire office emaployes ........................................   131,058
R9
Rents .......                             .......                       
 19.515 26
Advertising, $5,281.44: printing an-d stationery, .$27,132.97.'         
32,414 41
Postage, telegrams, telephone and express ..........................    
19,1IS8 a9
Legal ex'e.58
Furnituregaud tixture.s                                               .............................
.........................U. 95 .
su rnitur  le -,nd   ( fi xtulres  .................... *........... ..............
 I  0.  39.3  1 l