PRUSSIAN    NATIONAL INS. CO.                      1007
PRUSSIAN NATIONAL INSURANCE COMPANY
Stettin, Germany.
U. S. Office, 1437 INSURANCE EXCHANGE, CHICAGO            ILLINOIS.
JIncorporated 1845; commenced business in U. S., 1891; admitted Jan. 1892.]
IT. S. Mana-er, HAROLD W. LETTON.
CAPITAL STOCK.
Statutory  deposit ............................         0         .2,0$220,000
00I
Amount of ledger assets December 31 of previous year ............$ 1,965,549
68
INCOMIE.
Fire.
Gross premiums.                                      $2,185,804 96
Deduct    gross   amount    paid   for   reinsurance,
$642,420.92; return premiums, $427,297.67 ..... ..... 1,069,718 59
Total premiums .           ......$e .................. $1,116,086 37
Gross Interest on bonds and dividends on stocks, less
Gross interest on bonds (other than perpetual) and
dividends on stocks, less $477.23- accrued interest
on bonds acquired during the year ..............      $62,105 83
Gross interest on deposits in trust companies and
banks ................................................    850 67
Total gross interest and rents .......     ........................  62,95'6
544
From agents' balances previously charged off ......................     
187 95
Gross increase, by adjustment, in book value of ledger assets ......   1,277
75
Total Income ............$.................................... $1,180,508
57
Total footings .$ 3,146,058 25
DISBURSEMENTS.
Fire.
Gross amount paid policyholders for losses (includ-
ing $158,306.97 occurring In previous years) .......  $927,025 65
Deduct amount received for salvage, $4,258.56: rein-
surance, $357,362.61; discount, $540.53 ............... . 362,161 70
Net amount paid policyholders for losses ....................  $564,867i
95
Expenses of adjustment and settlement of losses ...................   15,796
38
Commissions or brokerage ..................... i   ..................  246,817
66
Salaries, $31,293.99, and expenses, $26,608.71, of special and general
agents .            ..                       ,                      57,902
70)
Salaries, fees and all other charges of officers, directors, trustees
and home office employ-es .................... ...................  65,961
32
Rents ..                                     -                         7,841
64
Advertising, $346.98; printing and stationery, $9,057.99 .............. 
9,404 97
Postage, telegrams, telephone and express     .       ...............  11,
494 21
Legal expenses ...I      ...................................................
  1,.5s1 79)
Furniture and fixtures     ...................... ......................
 1,675 48
Mapk, jncluding corrections     ................................       2.976
60
Underwriters' boards and tariff associations .     ................... .15,593"
5:3
Fire department, fire patrol and salvage corps assessments, fees
taxes and expenses         .............................. .         12,4S4
99
Inspections and surveys ...........................................    "t
. 41 R . -4
State taxes on premiums      ..................... .....................
 26,253 53
Insurance department licenses and fees       .        ..............   5,174
:35
All other licenses, fees and taxes:
Federal corporation tax ........    ....................  $1. n5 OR
CIty and county licenses ........      ...........      2,384 05
Taxes: city and county .....................            2.470 83
6.204 96
47-Ins.-l