480                        GERMAN FIRE INS. CO.
GERMAN FIRE INSURANCE COMPANY
Pittsburgh, Pennsylvania.
Home Office, 216-218'FOURTH AVENUE.
[Incorporated March 27, 1862; commenced business July, 1802; admitted August,
1885.]
President, A. E. SUCCOP.                    Vice President, JOHN A. ECKERT.
Secretary and Treasurer, A. H. ECIKERT.
CAPITAL STOCK.
Amount of capital paid up in cash .....      .............  $300,0,00 00
Amount of ledger assets December 31 of previous year .......... $1, OGO,
651 10
INCOME.
Fire.
Gross premiums .......... :     .........................  $818,735 48
Deduct gross amount paid for reinsurance, fire,
$126,738.59; return premiums, fire, $87,195.38 .......  213,931 97
Total premiums (other than perpetual) ..........          ....  $604,80J;
51
Gross interest on mortgage loans ............    ......  $33,1. 2
Gross interest on collateral loans .........  I...........  5,911 17
Gross interest on bonds and dividends on stocks ....       5,297 40
Gross interest on deposits in trust companies and
banks ...............................................    1,076 93
Gross interest from all other sources:
Past due accounts, $8.48; Philadelphia Underwrit-
ers' Association Department, $3.15 .....    .........     11 63
Gross rents from company's property, including
$8,000 for company's occupancy of its own build-
ings ................................................   10,036 64
Total gross interest and rents .............         ..........   55,464
99
Gross profit on sale or maturity of ledger assets, stocks ....  ....    11,462
00
Total income .................    ................................  $671,730
50
Total footings ..........     ............................... $1,732,381
66
DISBURSEMENTS.
Fire.
Fire.
Gross amount paid policyholders for losses (includ-
ing $50,677.74 occurring in previous years) .........  $362,544 72
Deduct amount received for salvage, fire, $2,945.51;
reinsurance, fire, $46,486.99 .......  .................  49,432 50
Net amount paid policyholders for losses ......      ....................
 $313,112 22
Expenses of adjustment and settlement of losses .....      ............ 
7,667 37
Commissions or brokerage ..........       ...............................
 169, s63 13
Salaries $6,608.71, and expenses, $4,409.97, of special and general
agents ...........................................................    11,018
68
Salaries, fees, and all other charges of officers, directors, trustees
and home office employes .........      ............................... 
30,334 84
Rents for company's occupancy of its own buildings .....      ........  
8,   00
Advertising, $2,000.32; printing and stationery, $3,258.13 .... ......  5,858
45
Postage, telegrams, telephone and express ......      ...................
 4,774 58
Legal expenses .     ....................................................
 375 00