W" 2                  GLOPE &     iUT"GIhS FIt RE IN-S. CO.
GLOBE AND RUTGERS FIRE INSURANCE COMPANY
New York City.
fome, Office, 111 WILLIAM    STREET.
[Incorporated February 9, 1899; commenced business February 9, 1899; admitted
December 4, 1901.]
President, E. C. JAMESON.                     Vice President, LYMAN CANDEE.
Secretary, W. H. PAULISON.
CAPITAL STOCK.
Amount of capital paid up in cash ...................$ .400,000 00
Amount of ledger assets December 31 of previous year ............. $6,501,890
98
INCOME.
Fire.
Gross premiums .....                    .        ......... $5,650,020 10
Deduct gross amount paid for reinsuranice, $904,398.20;
return premiums, $938,667.97 ........................ 1,843,066 17
Total premiums (other than perpetual) .............            $3,806,953
93
Gross interest on mortgage loans .....................    $ 6,065 00
(rioss interest on bonds aiid dividends on stocks, less
$6,222.31 accrued interest on bonds acquired dur-
ing  thte  year  ........   ................................  254,707  90
Gross interest on deposits in trust companies and
lbanks ............                                       2,430 98
ts:11~s.......................... .................  2t0!t
(1ross interest from all, other sources: Miscellaneous.        12 60
Gross rentts from  company's property ................      5,542 00
Total gross interest and rents ............                       268,758
48
From other sources: 'Mercantile National Bank (in liquidatio) .         
19,912 50
G'rro-ss lpolit on sale or maturity of ledger assets: St-ocks ..........
8 ,345 20
ToIall ieolle ..................$................................ .$4,103,970
11
Total foot ing  ...10,605.........                                861   
09
DISBURSETIMENTS.
Fire.
(Gl.oSs amlonllIt pai.l policyholders for losses (includ-
ilng $284,344.85 occurring in previous years) ........ $2,456,909 32
D)edtct amount received for salvage, $1s3,506.76; rein-
suraince, $376,021.86; discount, $3,780.67 ............  393,309 29
Net amount paid policyholders for losses.                     $2,063,600
03
Expenses of adjustment and settlement of, losses.                       35,705
87
Commissions or brokerage ..............                                 659,985
49
Salaries, fees and all other charges of officers, directors. trustees
and home office employes ...............                    ........  120,432
00
Rents ..............................................................    
9,742 .50
Advertising, $2,186.01; printing and stationery,, $6,644.39 ..........  
8,830 40
Postage, telegrams, telephone and express .........................     
5,506 68
Legal expenses...4. ,666 12
Furniture and fixtures.1,945 67