468                    GERMAN     AMERICAN INS. Co.
GERMAN AMERICAN INSURANCE COMPANY
Pittsburgh, Pennsylvania.
Hnome Office, No. 316 FOURTH AVENUE.
[Incorporated March 11th, 1873; commenced business, June 2nd, 1S73; admitted
February 27th, [911.]
President, W. J. PATTERSON.                    Vice Pres-ident, W. II. BARKER
Secretary, E. P. NIEBAUJM.
CAPITAL STOCK.
Amount of capital paid up in lash ......$2...........  $200,000 00
Amnount of le((lger assets Dec. 31 of previous year ..................  $708,
226 92
INCOME.
Fire
Gross premiums ...........$....................        $422,181 01
I)educt gross amount paid for reinsurance, fire, $41,-
272.13; return premiums, fire, $68,964.13 .............  110,23(6 20
Total premiums (other than perpetual)          ..$311,945 35
Gross interest on mortgage loans ..................... $ 32,785 34
Gross interest on collateral loans .....................  .1,240 17
Gross interest on bonds and dividends on stocks, less
$59.03 accrued interest on bonds acquired during
the year ......1...............................        I1, 395 97
Gross interest on deposits in trust companies and
banks ..............................................     0 (309 38
Gross interest from all other sources: Bills receivable      92 08
Gross rents from  comupammy's property ................  1, 656 41
Total gross interest and rents ................................  37,779 95
Gross profit on sale or maturity of ledger assets: Real estate ......   
300 00
Total income .............    ....................................  $350,025
i30
Total  footings  .........   ................................  $1,058, 252
 22
DISBURSEMENTS.
Fire.
Gross amount paid policyholders for losses (includ-
ing $27,377.08 occurring in previous years) ......... $169,005 53
Deduct amount received for salvage, fire, $2,296.92; re-
iiisurance, fire, $16,486.24; discount, fire, $289.20 .....  19,072 36
Net amount paid policyholders for losses ........................... $149,933
17
Expenses of adjustment and settlement of losses .3,019 71
Commissions or brokerage8..............                               88,949
55
Salaries, $1,928.12, and expenses, $1,711.06, of special and general
agents ......                                              ..... 3,639 18
Salaries, fees, and all other charges of officers, directors, trustees.
and home office employes .12,540 00
Rents .2,700 00
Advertising, $5 76.32; printing and stationery, $1,439.65.............  2,015
97
Postage, telegrams, telephone and express .576 90
Legal expenses .165 20
Furniture and fixtures.     ......................................      
403 05