ST. PAUL FIRE & MARINE INS. CO.


821


NON-LEDGER ASSETS.
Interest due, $540 and accrued, $6,069.04 on mortgages     $6,609 04
Interest accrued on bonds .......................          53,981 59
Total ........................................................     60,590
63
Other non-ledger assets: Unliquidated interest on 100 shares of Na-
tional Geran American Bank stock ................................       7
,000 00
Gross assets .........                                         $8,961,371
98
DEDUCT ASSETS NOT ADMITTED.


Agents' balances, representing business written prior
to Oct. 1, 1912......................................
Bills receivable, past due, taken for marine, inland
and fire risks .
Loans on personal security, endorsed or not..
Miscellaneous stock ..................................
Mortgages other than first............................
Book value of ledger assets over'market value........
Reinsurance premiums, collection doubtful..........
Reinsurance losses, collection doubtful...............


$6,250 26
9,353 89
82 44
1,225 00
400 00
158,163 53
258 80
' 219 21


176,053 13
Total admitted assets ........................................ $8,785,318
85
LIABILITIES.


Gross losses adjusted and unpaid .....................  $90,659 49
Gross claims for losses in process or adjustment or in
suspense .                                           531,338 74
Gross claims for losses resisted ......................  29.105 00
Total .   ..........................................  $651,103 23
Deduct reinsurance due or accrued ................     199,093 81
Net amount of unpaid losses and claims..
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from date of policy, including interest
premiums on perpetual fire risks, $1,885,826.13; un-
earned premiums (fifty per cent) ................   $942,913 07
Gross premiums (less reinsurance) received and re-
ceivable upon all expired fire risks running more
than one year from date of policy, $6,869,537.87; un-
earned premiums (pro rata) ......................... 3,521,548. 58
Excess of original premiums over amount received
for reinsurance .......2,500 00
Gross premiums (less reinsuranee) (eash and bills)
received and receivable upon all unexpired inland
navigation risks, $716,432.41; unearned premiums
(fifty per cent)  ......................................  358,216 21
Gross premiums (less reinsurance) (cash and bills)
received and receivable upon all unexpired marine
risks, $29,587.03; unearned premiums (100 per cent)   29,587 03


$452,009 42




Total unearned premiums as computed above ................ 4,854,764 89
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement ..........   100,000
00
Commissidns, brokerage and other charges due or to become due to
agents and brokers ...............................................     3,751
05
Reinsurance premiums .        .............................................
 22,422 72
All other liabilities: Reserved for unpaid bills ....................   1.000
00
Total amount of all liabilities except capital .................$ 5,433,948
08
Capital actually paid up in cash .....................  $500000 00
Surplus over all liabilities ............................  2,851,370 77
Surplus as regards policyholders .................................. 3,351,370
77
Total liabilities .............................................. $8,785,318
85