912                COMM:ERCIAL UNION ASSIJRANCE CO.
DEDUCT ASSETS NOT ADMITTED.
A,,gents' balances, representing business written prior
to October 1, 1912 ..........$ 44,226 27
Book value of ledger assets over market value: BonIds
and stocks .............    ...........................  178,675 71
-     222,901 98
Total admitted assets ..........    .............................. $7,620,987
61
LIABILITIES.
Gross losses adjusted and unpaid, not yet due ........  $106, 109 69
Gross claims for losses in process of adjustment or
in suspense, plus $27,150.00 reserve for losses In-
curred prior to December 31, of which no notice
had been received on that date .....................   531,651 78
Gross claims for losses resisted ......................   36,306 87
Total .............                               $674,068 34
Deduct reinsurance due or accrued ...................    113,328 39
Net amount of unpaid losses and claims .....................    $560,739
95
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, $2,874,598.12; un-
earned premiums (fifty per cent) ................... $1,437,299 06
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired tire risks running more
than one year from date of policy, $4,283,243.77; un-
earned premiums (pro rata) ........................ 2.253,353 88
Gross premiums (less reinsurance) (cash and bills)
received and receivable upon all unexpired inland
navigation risks, $43,285.44; unearned premiums
(fifty per cent) ....... :  ............................  21,642 72
Gross premiums (less reinsurance) (cash and bills)
received and receivable, upon all unexpired marine
risks; $83,323.67, 50 per cent; $33,022.13, 100 per cent  74,683 96
Total unearned premiums as computed above ................ 3,786,979 62
Amount reclaimable by the insured on perpetual fire insurance pol-
icies, being 90 per cent of the prenium or deposit received ........  89,017
46
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  21.725
00
Estimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement ........     92,467
67
Commissions, brokerage and other charges due or to become due
to agents and brokers .......                           ...........  105,285
17
Return premiums, $13,996.88; reinsurance premiums, $78,650.88 ....     92,647
76
Total amount of all liabilities except capital .................. $4,748,862
63
Statutory deposit .....       ...................       $200,000 00
Surplus over all liabilities ........................   2,672,124 98
Surplus as reglards policyholders .......      ..........................
2,672,124 98
Total liabilities ...........   .................................... $7.620,987
61