362


COMMERCIAL UNION FIRE INS. CO.


All other licenses, fees and taxes:
Federal corporation tax    .......    ...................   $242 58
State and municipal licenses an(J fees ..............      1,791 8)
Franchise tax .............    .........................     566 86
All other disbursements: Exchange.
Paid stockholders for interest or dividends (amount declared dur-
ing the year).
Gross decrease, by adjustment, in book value of ledger
assets:
Bonds   .   ............................................    $413 50
Stocks .    ............................................      47 00


2,601 24-
378 25
20,000 00


460 50


Total disbursements .........................................           
$335,695 47
Balance .$1,054,482 45
LEDGER ASSETS.


Book value of bonds, $706,150.79, and stocks, $91,069.43
Cash in company's office ..........              $15 73
Deposits in trust companies and banks
on interest ....................1 ......    3,702 80


$887,220 22


31,718 53
Ageuts' balances representing business written subse-
quent to October 1, 1912 ............................    131,746 49
Agents' balances representing business written prior
to October 1, 1912 .3,797 21
Total ledger assets.    ...................................... $1,04,482
4.5
NON-LEDGER ASSETS.
Iiiterest accrued on bonds ..........................................   
  8,431 00
Gross assets ..........                                         $1,062,823
4a.
DEDUCT ASSETS NOT ADMITTED.
Agents' balances representing business written prior
to October 1, 1912 ..................................     $3,797 21
Book value of ledger assets over market value: Bonds
and stocks .30,936 22
34,733 4a
Total admitted assets ......................................... $1,028,090
02
LIABILITIES.


Gross losses adjusted and unpaid....................
Gross claims for losses in process of adjustment or in
suspense, plus $1,565.00, reserve for losses incurred
prior to December 31, of which no notice had been


$7,701 00




receiven on that date - - ;: ..........................  44,320 00
Gross claims for losses resisted ......................  2,850 00
Total  ..................    .......................  $54,871  00
Deduct reinsurance due or accrued ...................   17,243 00
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, $281,387.89; un-
earned premiums (fifty per cent( ..................  $140,693 95
Gross premiums (less reinsurance) received and re-
-eivable upon all unexpired fire risks running more
than one year from date of policy, $445,102.01; un-
earned premiums (pro rata) ........................  250.516 89
Total unearned premiums as computed above................


$37,628 00,


391,210 84