366                         COMMERCE INS. CO.
LIABILITIES.
Gross losses adjusted and unpaid, not yet due ......   $4,070 39
Gross claims for losses in process of adjustment or
in suspense, plus $500; reserve for losses incurred
prior to December 31, of which no notice had been
received on that date .      ............................  22,080 00
Gross claims for losses resisted ......  ...............  4,153 45
Total .................  .........................  $30,303 84
Deduct reinsurance due or accrued .....    ............  5,352 00
Net amount of unpaid losses and claims ..........  ...........  $24,951 84
Gross premiums (lesa reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from date of policy, incuding Interest
premiums on perpetual fire risks, $156,341.61; un-
earned premiums (fifty per cent) .$78,170 80
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running
more than one year from date of policy, $296,268.24;
unearned premiums (pro rata) ......     .............  160,574 06
Total unearned premiums as computed above ................   238,744 86-
Salaries, rents, expenses, bily, accounts, fees, etc., due or accrued  2,200
00
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement ........   4,500
00
Commissions, brokerage and other charges due or to become due
to agents and brokers .350 00
Reinsurance premiums ...                                             7,056
10,
Total amount of all liabilities except capital ..... .........  $277, 92.80
Capital actually paid up in cash .        ............. $200,    0010 00
Surplus over all liabilities .269,336 46
Surplus as regards policyholders               .        .          469,336
46;
Total liabilities .. ....................................... $747,139 26.
RISKS AND PREMIUMS.
Gross
premiums
Fire risks.    thereon.
In force on the 31st day of December, as per last
year's statement .............                     $48,713,644  $488,542
45
Wri'tten or renewed during the year .....    ....     35,547,465   358,710
31
Excess of original premiums over amount received
for reinsurance ............  ........................               407
1I
Total ..................                        $84,261,109  $847,659 91
Deduct those expired and marked off as terminated..   21,443,980   323,703
06¢
In force at the end of the year      .     .. $62,817,129    $523,966 85
Deduct amount reinsured .............                 16,609,434    71,347
00-
Net amount in force ......................... $46,207,695    $452,609 85.