606                          ECI1AXNICS X1S. CO.
DEDUCT ASSETS NOT ADMITTED.
Agents' balances representing business written prior
to  Oet. 1, 1912  .......... ...........................  $173  26
Book value of ledger assets over market value: Stocks
and bonds ...........................................  29,021 39
29,194 65
Total admitted assets ..........                           $1, 394,425 :19
LIABILITIES.
Gross losses adjusted and unpaid, not yet due .$6,071 76
Gross claims for losses in process of adjustment or in
suspense, Qlus $3,296.50; reserve for losses incurred
prior to Dec. 3l, of which no noLice had been re-
ceived on that date.                                .34,119 46
Total                    .$40,191 22'
Deduct reinsurance due or accrued .7,531 79
Net amount of unpaid losses and claims                       $32,659 43
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, $236,272.26; un-
earned premiums (fifty per cent)       .$118,136 13
Gross premiums (less 'reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $500,962.64; un-
earned premiums (pro rata) .271,293 45
Total unearned premiums as computed above .................  389,429 58
Amount reclaimable by the insured on perpetual fire insurance pol-
icies, being 90 and 95 per cent of the premium or deposit received  325,373
.<5
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued..
 332 20
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement ..........  7,50(0
0
Return premiums $266.19; reinsurance premiums, $416.83 ..........     683
02
Total amount of all liabilities except capital ............... ;755,977 -8
Capital actually paid up in cash ...................... $250,00000()
Surplus over all liabilities ...........................  388,447 81
Surpluis as regards policyholders .      ............................8.......
 63,447 81
Total liabilities .............................................. $1,394,425
19
RISKS AND PREMIUMS.
Gross
Fire         premiumns
risks.        thereon.
In force on the 31st day of December      . .$79,997,243          $820,921
43
Written or renewed during the year .49,904,816                     533,051
47
Total ...........                           $129,902,059   $1,353,972 90
Dedluct those expired and marked off as terminated.  44,831,615    502,924
74
In force at the end of the year .$85,070,444                $851,048 16
Deduct amount reinsured ............................  9,537,525    113,813
26
Net amount in force .$75,532,919                             $737,234 90
Perpetual risks not included above, $15,009,373.  Deposit premiums on same.
$359,889.25.