828                      STERLING FIRE INS. CO.
LIABILITIES.
Gross losses adjusted and unpaid not yet due    .....  $1,335 36
Gross claimiis for losses in process of adjustment, or
in suspense ..............  ..........................  19,335 87
Total ..........                      .........  $20,671 23
Deduct reinsurance due or accrued ..................    6,004 44
Net amount of unpaid losses and claims .$14,666 79
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, $134,522.21; un-
earned premiums (fifty per cent) .....  .............  $67,261 11
Gloss premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $88,026.93; un-
earned premiums (pro rata) ......     .................  75,137 98
Total unearned premiums as computed above .....      .........  142,399 09
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  1,224
58
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement .......   15,075
65
Commissions, brokerage and other charges due or to become due
to agents and brokers ......         .....................           449
24
Reinsurance premiums ..........       ................................. 
10,333 95
All other liabilities: Unearned interest paid in advance on mort-
gages ..............................................................  16
28
Total amount of all liabilities except capital ..... ...........  $184,165
58
Capital actually paid up in cash .....................  $8510,000 00
Surplus over all liabilities ...........................  460,131 42
Surplus as regards policyholders .......      ......................... 1,310,131142
Total liabilities ...........  .................................. $1,494,297
00
RISKS AND PREMIUMS.
Gross
premiums
Fire risks.    thereon.
Written or renewed during the year .....   ............  $28,277,800  $318,623
87
Deduct those expired and marked off as terminated      4,507,053    46,357
45
In force at the end of the year ..... ...........  $23,770,747  $272,266
42
Deduct amount reinsured ........    ....................  4,110,219  49,717
28
Net amount in force .......    ....................  $19,654,528  $222,549
14
RECAPITULATION OF FIRE RISKS AND PREMIUMS.
Gross        n
Year                            ~~~~~~~~~    ~~premiums  3 F.  Amount of
written.        Term.           Amount                           u
Term.coerd,              charged,       c s  premium
written.             covered.     ~~less re-         unearned.
insurance.    ;R:
1912 ...... One year or less ...|  $11,749,453  $134,522 211 1-2 1  $67,261
11
1912 ......Two years .........       157,493      1,104 921 3-4 1      828
69
1911 .     Three years .           5,681,317     58,354 62 1-2      48,628
85
1910.      Four years.      ..       140,350      1,208 30 3-8 I     1,057
26
1912 .     Five years.             1,925,915    27,359 09 9-10 I    24,623
18
Totals .             $19,654,528  $222,549 14 ......  $142,399 09
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