AMERICAN     UNION    FIRE INS. CO.                  2 79
*'AMERICAN UNION FIRE INSURANCE COMPANY
Philadelphia, Pa.
Home Office: 331-337 WALNUT ST.
[Ilncorporated May 5, 1910; commenced business Jan. 1, 1911; admitted 1911.]
President, JAS. F. STONE.                     Vice President, WM. F. KLING.
Secretary, R. G. OELLERS, JR.
CAPITAL STOCK.
Amount of capital paid up in cash ......    ............  $500,000 00
AMount of ledger assets Dec. 31 of previous year .....    ............ $1,113,675
5S
INC'OME,
:Fire.
Gross premiums ............     ......................... $2,124,464 01
Deduct gross amount paid for reinsurance, fire, $718,-
378.46; return premiums, fire, $377,384.42 ..... ..... 1,095,762 88
Tota.l premiums (other than perpetual).                    $1,02,701 13
Gross interest on mortgage loans ......        .............   $10,570 16
Gross interest on bonds and dividends on stocks, less
$439.87 accrued interest on bonds acquired during
the year .............                      .......    19,654 72
Gross interest on deposits in trust companies and
banks ........3286
banks ~~.       . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. ...... .. ,2S0
Gross interest from  all other sources: Philadelphia
Fire Underwriters' Ass'n .......     ...................    3 15
Gross rents from  campany's property .....    .........   1,605 64
Total gross interest and rents ......     .......................  35,079
63
-From other sources: Surplus paid in .................      ......    10,610
00
Gross profit on sale or maturity of ledger assets, viz..: Bonds         
133 80
Total income ............................................... $1,04524 56
Total footings .   ........................................ $2,188,200 14
DISBURSEMENTS.
Fire.
Gross amount paid policyholders for losses (includ-
ing $34,551.52 occurring in previous years) ......   $815,403 25
Deduct amount received for salvage, fire. $3.405-54:
reinsurance, fire, $237,381.89; discount, fire, $1,123.40  241,910 83
Net amount paid policyholders for losses .....     ............  $573,492
42
Expenses of adjustment and settlement of losses .................    1. 9095
(7
Commissions or brokerage ..240,963 83
Salaries. $7,425.010, and expenses, $47,349.92, of special and general
agents    ...........................................................  54,
774 92
Salaries, fees and other charges of officers, directors, trustees and
home office employes .................     .          -             42,4731
55
Rents .......                                         .2.461 .53
Advertising, $6079.84; printing and stationery, $7890.16 ..........   13,970
00
Postage, telegrams, telephone and express ......      ..................
 8,011 S4
Legal expenses        .....................................................
 2.54r6 59
Furniture and fixtures                     ..                           539
70
Maps, including corrections .......................                    I8-SR
26
Underwriters' boards and tariff associations ..      ....................
 5,074 26
*In hands of receiver.