PEOPLES NATIONAL FIRE INS. CO.                          753
PEOPLES NATIONAL FIRE INSURANCE COMPANY
Philadelphia, Pennsylvania.
Ilonile Office, INSUR111-AN-CE EXCHANGE, TIIIRI) ,AN1) WALNUT STR'E1TS,,'TS.
[Incorporated April 29, 1908; comnmiienicedi business January 2, 190'9; admitted
March _20, 1909. ]
President, LOUIS S. AMONSON.                 Vice President, ROBT. B. BEATH.
Secret'ary, HENRY   T. ALLEY.
CAPITAL STOCK.
Amount of capital paid up in cash .................... $1,000,000 00
Aniount of ledger assets Dec. 31 of previous year    .              $2,033,
286 55
INCOME.
Fire.
Gross premiums .......    .............................$. ;1,348,466 66
Deduct gross nimount pail for reinsurance, lire, $197,-
507.70; return preiniums, fire, $291,072 ..............  488 ., 579 70
Total premiumss (other than perpetuall. ..                .     $855) O.8S6
96
D)eposit premiums -written on I)erpetual risks (gross) .   .  ..........
 3,760 05
Gross interest on amortgage loans .     ....................  $32,698 01
Gross interest on collateral loans ......  ................  4,963 341)
Gross interest on bonds and dividends on' stocks, less
$143.89 accrue(i interest oln bonds acquired during
the year......50,735 04
the~     ~~ yec r   ........ ................................. 507a0
Gross interest on deposits in trust companies find
banks ................ I ...............................    871 32 '
Gross interest from all other Sources:
Ol (certf. deposit American 'l'rust Co., $46.4l3; inter-
(St Ol mort-g. Mlialmii foreclosed, $741 ; interest on
purchase p)ricC (o.s buildingl pending transfer.
$1,725; iniscellhineons, $18146 ......................  6,) 56089
'Totala  gross ititer-est and  rents  ....... ..........................
 91,848  tI
Flioi oth( eSOl sones:
Iiorrow(l  oliy .       .................................  $11), 0(0)) 0)
Gaimi on perpetnatl policies calmcelle(l .................     19
110,01  1 "
From  agents' balances plreviously charged off     .       ..........   
   11 82
Gr-oss trofit on sale or imaturity of ledger assets:
I}(olfl,1 ...............                                $3, 108 05
St.ocks ..................2.280 00
5,3f88 05
'rot.l income .....                                           $1,070,927
(18
Total footings ........................................ .3, 104, 214 23.
DISBURSEMIENTS.
Fire.
G(ross amount paid policyholders for losses (including
$121,464.5.5 occurring in previous years)     .       .............  $942,471
88
Deduct amount received for salvage, fire, $3,746.16;
reinsurance, fire, $279,364.50; discount, fire, $84-4.82..  283. 955 48
Net amount paid policyholders for losses ......................  $658,151
6 .10
Expenses of adjustiyfent and settlement of losses.                      18,694
08