PENNSYLVANIA       FIRE   INS. CO.                    747
PENNSYLVANIA FIRE INSURANCE COMPANY
Philadelphia, Pennsylvania.
Home Office, 510 WALNUT STREET.
[Incorporatted March, 1825; commenced business April, 1825; admitted February,
1872.]
President, R. DALE BENSON.               Vice President, JOHN L. THOMPSON.
Secretary, H. GARDNER CROWELL.'
CAPITAL STOCK.
Amount of capital paid up in cash .$750,000 00
Amount of ledger assets December 31 of previous year ............ .po,743,62t
15
INCOME.
Fire.
Gross premiums .............     .................... ... $4,644,627 36
Deduct gross amroount paid     for reinsurance, fire,
$501,578.95; return premiums, fire, $665,562.69 ...... 1,167,141 64
Total premiums (other than perpetual) ......        .............. $3,477,485
72
Deposit premiums written on perpetual risks (gross) .                   
96,061 25
Gross interest on mortgage loans .....................     $9,509 95
Gross interest on collateral loans .....................    8,040 17
Gross interest on bonds and dividends on stocks, less
$3,657.80 accrued interest on bonds acquired during
the year .....                                           279,193 47
Gross interest on deposits in trust companies and
banks ............                                        3,974 26
Gross interest from  all other sources: Philadeiphia2
Underwriters' Association .......      ..................      6 30
Gross rents from     company's   property, including
$S.000 from company's occupancy of its own build-
ings .................................................    8,285 00
Total gross interest and rents.. ..............  **.3 9,00(9, 15
From other sources:
Transfer fees .................$30.............            $95   0
Conscience .                                ......l.         450 00
.~ ~   ~   ~   ~     ~
Gross profit on sale or maturity of ledger assets: Bonds ........       10,537
38
Total income ..$3.................. e3; 893,939 50
Total footings .$11,637,560 65
DISBURSEMENTS.             F
Fire.
Gross amieount paiid policyholders for losses (including
$R76.8856.31 occurring in previous years) ............ $2,095,174 52
Deduct amount received for salvage, fire, $6.472.69:
*reinsurance, fire, $95,1559.10; discount, fire, $1,710.60  103,342 39
Net amount paid policyholders for losses ............-....... 41,991,832
13
Elxpenses of adjustment and settlement of losses             .54,335 ST
Commissioan - or brokerage .770,575 05
Salaries, $116,365.60, and expenses, $24,241.48, of special and general
a gents .................................................              140,607
0o
Salaries fees, and all other charges of officers, directors, trustees
and home offlce employes ..............................                 72,208
50