COMMONWEALTH         INS. CO.                      367
COMMONWEALTH INSURANCE COMPANY
New York City.
Home Office, 76 WILLIAM STREET.
[incorporated August 23, 18,86y; commenced lousiness Septeminber 15, 1SS6;
ad-
mitted March, 1887.]
President, E. G. RICHARDS.                   Secretary, ROBERT NEWBOULT.
Vice Presidents, J. F. HASTINGS, W. P. YOUNG, C. R. PERKINS.
CAPITAL STOCK.
Amount of capital paid up in cash ....................  $500,000 00
Amount of ledger assets December 31 of previous year .............. $2,557,075
36
INCOME.
Fire.
Grrtss premiums ..............          ,   .    .... $1,440,066 26
Deduct gross amount paid for reinsurance, fire,
$3(05,516.81; return premiums, fire, $275,627.06       581,143 87
Total premiums (other than perpetual) ......        .....       $858,922
39
Gross interest on mortgage loans .$16,766 52
Gross interest on bonds and dividends on stocks, less
$t,888.77 accrue4 interest on bonds acquired during
the year .86,069 73
Gross interest on deposits in trust companies and
banks .....          ..      ........................   1,267 04
Gross interest from all other sources:
Interest on deferred payments of interest on mort-
gages ...      .     .    ........................        7 73
Western Adjustment and Appraisal Co                         35 99
Total gross interest ......... ...............                   104,147
01
From   agents' balances previously charged off...................       
  21 1I
Gross profit on sale or maturity of ledger assets.
viz.: Bonds .........                                     $105 00
Stocks .........                                        19,068 13
19,173 13
Total income ................$9 ...............................  .82,263
67
Total footings ...........                             $3,539,339 03
DISBURSEMENTS.                                -
Fire.
Gross a9mount naid policyholders for losses (includ-       -
ing $131.736.59 occurring in previous years) .       $656,010 46
Dellict amount received for salvage, fire, $11,939.74;
reinsurance, fire, $122,125.91 ........................  134,064 65
Net amount paid policyholders for losses .........................   $521,945
St
Expenses of adjustment and settlement of losses ................ ..    10,281
70
Commissions or brokerage ..............         .                     178,996
88
11-Ins.--I