NORTH    BRITISH    & MERCANTILE INS. CO.                   979
Gross preiniunms (less reinsurance) received and re-
ceivable upon all unexpired fire risks running on0e?
year or'less froam date of policy, including interest
premiums on perpetual fire risks, $2,333,783.65; un-
earned l)remniumi (fifty p)r cent) ..................$ 1,666,891 82
Cross preiminius (less reinsurauce) received and re-
ceivable upon all unexpired fire risks running more
tblan one year from (late of policy, $6,233,702.98; un-
earned premfiuims (pro rata) ......................... 3,314,097 75
Total unearnied premiums as computed above ................ 4,980,989 57
Amount reclaiiuable by tbe insured on perpetual fire insurance pol-
icies, being 95 per cent of tbe premium  or deposit received ......    3
.7,954- 32
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  20,000
00
lEstimated ,amount bereafter payable for federal, st.ate and other
taxes based upon business of the year of tbis statement ..........    95.00(0
00
Total amount of all liabilities except capital .................$ 5,574,368
25
Statutory deposit .........        ................      $200,000 00
Surplus over all liabilities .........................  3 ,,224,545 10
Surplus as regards policylholders ....................................3,424,545
10
'Totld  liabilities  ..........  ...................................  $8,998,913
 35
RIISKS AND PREMIUMTS.
G.r oss.
Fire          premilmlils
risks.         thereon.
In force on the 31st day of December, 1911 ........ $1,172,318,508  $10,594,596
04
Written or renewed (luring tbe year ..............     874,888,864   7,401,427
71
Total ..........         ................     $2,047,207,372 $17,996, 023
75
IDeduct those exl)ired and marked off' as ter-
iniiatel .........................................   88) ej555,665  7,482,567
98
In force at the en(l of tbe year ..............$1 ,161,651,707 $10,513,455
77
Deduct amount reinsured ........................       150,146,304     945,969
14
Net amount in force ......     .................. $1, 011, 505,403  $9,567,486
63)
Perpotiual risks not included above, $1,327,670.00; leposit premiums on sa.mil1e.
$3,95.!"1 .',)1.
RECAPITULATION OF FIRE RISKS ANI) PIREMIUMS.
G ross
Year                 A mount       pr~~~~~~~~memiums   Amount of
'I'erm.          covered.      chaged, ;            premd
Written.                                         less re-            uflearned.
insurance.   ; F
1912 ...... tOne year or less ...  $|344,048,222! $3,333,783 651 1-2  1 $1,666,891
82
1911 ...... Two years ..........    27,285,0661    205,366 63 1-4 I     51,341
65
1912.       Two years     .   .      32,376,346    244,912 67 3-4       183,684
50
1910.       ThreL years .......     141,478,951  1,221,135 66 1-6 I     203,522
61
1911.       Three years ......      137,856,014  1,221,655 681 1-2 I    610,827
84
1912 .      Three years .......     176,042,379  1,599,370 93 5-6     1,332,809
It
1909 .      Four years ........      2,342,4731     22,149 93 1-8       
 2,768 74
1910...... Four years               1,857,3531     19,076 89 3-8        
7,153 83
1911 .     -. Four years             2,062,464      20,945 09 5-8       13,090
68
1912   .    Fou...... Four yas..     3,657,7901     43,095 27 7-8       37,708
2?6
1 9 008 ...... Five years .........  23,681,0791   258,985 04 1-10 I    
25,898 50
1909 ...... Five years .........    27,360,8781    327,293 14 3-10 I    98,187
94
1910 ......F ive years .........    27,277,2421    323,106 661 1-2 I   161,553
33
1911 ......F ive years .    ......   30,274,3161   341,988 93! 7-10 I   239,392
25
*1912 ...   Five years .    ......   33,904,8301   384,620 461 9-10 1   346,158
4t
I      Totals ........ .$1,011,505,403! $9,567,486 631 ...... 1 $4,980,989
57
I Perpetual risks ....1     1,327,6201    39,951 911 ......I   37,954 32
Grand totals.. I$1,012,833,0231 $9,607,438 541 ...... $ 15,018,943° 89
l    ~          ~      ~      ~      ~      ~   ~~        ~     ~~~~ I  I
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