306                         CALIFORNIA INS. CO.              !
CALIFORNIA INSURANsCE COMPANY
San   Francisco, California
Home Office, 550 SACRAMENTO STREET.
LIncorporated 1861; commenced business 19005; admitted, 1908.]
President, W. E. DEAN.                      Vice President, E. W. McCARTHY.
Secretary, GEO. W. BROOKS.                           Treasurer, G. L. PAYNE.
CAPITAL STOCK.
Amount of capital paid up in cash ...................  $400,000 00
Amount of ledger-assets December 31 of previous year ............ $1,321,319
07
INCOMER.
Fire.
Gross premiums .............    ........................ $1,107,896 25
Deduct gI, sss amount rtaid for reinsura11c , fire,
$392,823.94; return premiums, fire, $221,162.41 ....  613,986 35
Total premiums (other than perpetual)                           493,909 90
Gross interest on mortgage loans ......     .............  $22,337 30
Gross interest on collateral loans ......   .............  2,772 91
Gross interest on bonds and dividends on stocks, less
$878.04 accrued interest on bonds acquired during
the year .................................. : .......   21,508 T07
Gross interest on deposits in trust companies and
banks   .   .........................................   2,02 76;
Gross interest from all other sources: Premium notes         17 04
Gross rents from company's property, including
$3,600.100 for company's occupancy of its own
buildings ..........................................    7,625 00
Total gross interest and rents ............ ..   ...............  56,353
03
Gross profit on sale or maturity of ledger assets,
viz.: Bonds ..................                                          372
50
Gross increase, by adjustment. in book value of
ledger assets. viz.: Real estate ......   .............  $7,285 19
Bonds .......................................           12,590 83
Stocks .......................................          3,010 00
22,886 02
Total income .             -                                   $573,521 50
Total footings .$1,894,840 57
DISBURSEMENTS.
Fire.
Cross ,tinount paid policyholders for losses (includ-
ing $45,7,19.81 occurring in previous years).$403,639 31
Deduct amount received for reinsurance, fire .......     87,720 54
Net amount paid policyholders for losses         .     .         $ 31,918.
77
Expenses of adjustment and settlement of losses ............... ..      
8,129 57
Commissions or brokerage        ...............................         55,197
15
Allowances to local agencies for miscellaneous agency expenses..        
737 52
Salaries. $17,879.17, and expenses, $210,289.20, of special and general
agents ...............................................8.............  8,168
37
Salaries, fees. and all other charges of offlcers, directors, trustees
and home office employes .........      ............................... 
50,511 53
Rents, including $3,600.00 for company's occupancy of its own
buildings ........................... 3............................. .  5,488
32