308                        CALIFORNIA INS. CO.
DEDUCT ASSETS NOT ADMITTED.
Supplies. printed matter and stationery, maps .... .  $13,755 17
Furniture, firtures and safes.                            493 99
Agents' balances representing business written prior
to October 1, 1912 .........                          2.459 46
Bills receivable, past due, taken for marine, inland
and fire risks .........................                357 50
Book value of ledger assets over market value, viz.:
Bonds and stocks ..........    .......................  2,285 00
19,251 12
Total admitted assets .$1,268,299 71
LIABILITIES.
Gross losses adjusted and unpaid not yet due ......   $14,224 74
Gross claims for losses in process of adjustment or
in suspense .    .......................................  19,396 77
Gross claims for losses resisted ......  ..............  2,150 00
Total    ........ ..........             ....    $35,771 51
Deduct reinsurance or accrued .........    .....        9,079 25
Net amount of unpaid losses and claims .$26,692 26
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, $381,453.02; un-
earned premiums (fiftyper cent) .....   ............  $190,726 81
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more'
than one year from date of policy, $593,222.15;
unearned premiums (pro rata) ......     .............  327,765 24
Total unearned premiums as computed above.                   518,492 05
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  500
00'
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement            9,000
00
Reinsurance premiums .38,323 08
Total amount of all liabilities except capital .$593,007 39
Capital actually paid up in cash ......... ..........  $400,000 00
Surplus over all liabilities ..........................  275',292 32
Surplus as regards policyholders       .        .                  675,92
32
Total liabilities .............................................. $1,268,299
71
RISKS AND PREMIUMS.
Gross
premiums
Fire risks.     thereon.
In force on the 31st day of December, as per last
year's statement .........                        $114,069,092 $1,469,432
57
Written or renewed during the year .....    ...........  78,558,113 1,107,896
25
Total .....................                    $192,627,205 $2,577,328 82
Deduct those expired and marked off as terminated     78,555,318 1,101.074
30
In forceat the end of the year ..... .......... $114,071,887 $1,476,254 52
Deduct amount reinsured ........     ...................  39,71,0,565  501,578
75
Net amount in force ...........  .................  $74,361,322  $974,675
77