706


NORTH BRITISH & MERCANTILE INS. CO.


Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  900
00
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement .......   11,300
00
1L
Total amount of all liabilities except capital .....$.....    559,601 58
Capital actually paid up in cash .$20000 00
Surplus over all liabilities .......................... 1,270, 044 82'
Surplus as regards policyholders .......    ............................
1,470,044 82
Total liabilities ............................................. $2,029,646
40
RISKS AND PREMIUMS.
Gross
Premiums
Fire risks.    thereon.
In force on the 31st day of December, 1911 .... ...... $151,7{04,728 $1,184,518
45
Written or renewed during the year .....   ............  128,949,055  929,819
22
Total .....         .........          .......  $280,653,783 $2,114,337 67.
Deduct those expire      d and marked of as terminated..  126,106,265  921,348
27
In force at the end of the year ..... ...........  $1514,547,518 $1,192,989
40
Deduct amount reinsured .......     ...................  31,734,140  253,406
56
Net amount in force .......   ....................  $122,813,378  $939,582
84
RECAPITULATION OF FIRE RISKS AND PREMIUMS.


Gross
premims  ~       Amount of
Year            Term.            Amount         charged,    J Co   Dremium
written.                           covered.       less re- e    a    unearned.
insurance.      a
1912 ...... One year or less ...    $50,43,0,529  $356,156 34 1-2      $178,078
17
1911 ...   Two    years               1,919, 607    13,213 11 1-4       
 3,303 28
1912 ...... Two   years               2,633,535'    16,219 68 3-4       
12,164 76
1910 ...... Three years              13,084,467     95,941 84 1-6       
15,990 31
1911 ...... Three years              17,720,537    129,748 03 1-2       
64,874 02
1912 .   ..... Three years           21,120,420    147,339 97 5-6       122,
783 31
1909......Four years ........           321,367      3,356 40 1-8       
   419 55
1910......Four years ........    .      238,977      3,680 38 3-8       
 1,380 14
1911 ...... Four years .... ..;.        506,196      5,494 74 5-8       
 3,434 21
1912 ...... Four years ........         663,091      8,059 08 7-8   I   
 7,051 70
1908 ...... Five  years .........     1,447,7741    12,156 17 1-10 I    
 1,215 62
1909 ...... Five  years   ......      2,173,399     26,490 73 3-10 I    
 7,947 22
1910 ...... Five years                2,302,997     26,389 86 1-2       
13,194 93
1911 ...... Five years ........       3,831,603     45,826 42 7-10      
32,078 49
1912 ...... Five years    .......     4,389,339     49,120 30 9-10      
44,208 27
Over five years ....         29, 40         389 79 P. R.        350 81
Totals                $122,813,3781   $939,582 84 .        $508,474 79
_ _ _ _   _ _   _   _   _     .