INSURANCE COMPANY OF NORTH AMERICA.                         559
NON-LEDGER ASSETS.
Interest due, $733.12 and accrued, $1,913.26, on mort-
gages .     ........................................   $2,646 38
Interest due, $963.00 and acci'ued, $94,852.99, on bonds  95,815 99
Total .........................................................        37,
462 37
Other non-ledger assets:
Reinsurance claims on losses paid ................................  28,530
52
Salvage claims .52,40(. .            I............. I...........    5941()
f)
Gross assets .........                                      ,17,957,817 17
DEDUCT ASSETS NOT ADMIITlTED.
Agents' balances, representing business written prior
to Oct. 1, 1912 .....$ 18,054 40
Bills receivable, past due, taken for marine, inland
and fire risks ............. ..........................   144 00
Overdue and accrued interest on bonds in default 9....     f63 0(1
Book value of ledger assets over market value: Bonds
and stocks ..........................................  8 8,265 60
Total ........................................................  107,427 0(1
Total admitted assets .................................. $17,850,390 17
LIABILITIES.
Marine
Fire.      and inland.
Gross losses adjusted and unpaid....    $112,424 61  ..............
Gross claims for losses in process of
adjustemnt, or in suspense, plus
$25,000 reserved for losses incurred
prior to Dec. 31, of wvhich no notice
had been received on that date .      437,618 01     $826,600 00
Gross claims for losses resisted .33,229 38         ..............
Total .......              .      $583,272 (10   $826,600 00
Deduct reinsurance due or accrued...      68,272 00  ..............
Net amount of unpaid losses and
claims.$515, 000                              00.............................
  $826,600  00
$1,341,600 00
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from date of policy, $3,881,542.82; un-
earned premiums (fifty per cent) ................... $1,940,771 41
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running' more
than one year from date of policy, $7,897,673.58; un-
earned premiums (pro rata) ........................ 4,162,132 64
Gross premiums (less reinsurance) (cash and bills)
received and receivable upon all unexpired inland
navigation risks $724,874.52; unearned premiums (50
per cent) .............................................  363,060 22
Gross premiums (less reinsurance) (cash and' bills)
received and receivable upon all unexpired marine
risks, $655,557.64; unearned premiums (50 and 100
per cent) .   ..........................................  388,344 84
Total unearned premiums as computed above .....                    6,854,309
1i
Amount reclaimable by the insured on perpetual fire insurance pol-
icies, being 90 and 95 per cent of the Dremium or deposit received  728,939
48
Estimated amount hereafter payable for federal. state, and other
taxes based upon the business of the year of this statement ......  90,000
00
Commissions, brokerage and other charges due or to become due
to agents and brokers ..........     .................................  80,000
(0o
Rleinsurance premiums.,1 5.56S 031
Renslrne  pemum  ........................................................
  (6S ~
All other liabilities:  Contingent fund             .6.............................
 7036,673  55
Total amount of all liabilities except capital   i.$. 9,850,390 17
23-Ins.-I