224 JOURNAL OF PROCEEDINGS [Feb. 16

UNITED STATES FIDELITY AND GUARANTY COMPANY.
December 31, 1915.

ASSETS.
Book value of real estate............................... $724, 137. 32

Mortgage loans on real estate........................... 22, 750. 00

Book value of stocks and bonds......................... 6, 121, 722. 35

Call loans secured by pledged stocks and bonds.......... 29, 399. 00

Cash in company's office................................ 2, 633. 39

Cash in banks and trust companies...................... 1, 103, 991. 47

Cash on special deposit................................ 10, 000. 00

Bills receivable......................................... 2, 600. 00

Due by suspended banks................................ 24, 038. 10

Due for Subscriptions Department guaranteed attorneys.. 69, 909. 19
Deposit with Workmen's Compensation Commission...... 65, 060. 73

Due by United States Government....................... 6, 276. 99

Advance secured....................................... 80, 761. 75

Gross premiums not more than three months

due...................................... $1, 545, 318. 68

Less commissions and expenses payable

thereon I................................. 305, 635. 09

———————— 1, 239, 683. 59
Interest accrued......................................... 82, 180. 90

Total............................................. $9, 5'85, 144. 78

LIABILITIES.
Losses and claims:

Adjusted................................. $1, 006, 564. 12

Resisted.................................. 445, 300. 56

————————�E1, 451, 864. 68
Special reserve for unpaid losses........................ 726, 403. 34

Unearned premiums:

One-year items............................ $3, 158, 390. 55

Pro rata term items..................... 504, 333. 57

__________ 3, 662, 724. 12

Salaries, rents, expenses, bills, accounts, fees, etc., ac-
crued and special reserve for taxes, Federal, State and
other taxes.......................................... 158, 522. 37

Returned premiums..................................... 5, 789. 61

Re-insurance........................................... 73, 157. 91

Re-insurance reserve....... !........................... 39, 264. 72

Federal income tax deducted from salaries............. 494. 72

Contingent reserve..................................... 100, 000. 00

Capital.................................... $2, 000, 000. 00

Surplus.................................... 1, 366, 923. 31

Surplus as regards policy holders....................... 3, 366, 923. 31

Total............................................. $9, 585, 144. 78

[Which was read the first time and referred to the Com
mitt ee on Finance. ]