SPRING GARDEN INSURANCE COMPANY
OF PHILADELPHIA, PA.
Commenced Business 1S35. Capital Stock $400,000.
Charles Roberts, President. Clarence E. Porter, Secretary.
Principal Office, No. 431 Walnut Street.
Attorney to accept service ill Maryland, - - W. T. Shackelford.
General Agent in Maryland, - - W. T. Shackelford.
Summary of assets December 31, 1896 :
Real estate |318,000 00
Loans on mortgage of real estate 176,000 00
Stocks and bonds owned by the company, market
value 708,180 00
Loans on collaterals 109,611 25
Interest due and accrued 5,592 67
Cash in company's office and in bank 42,723 37
Premiums in course of collection ...... 126,292 48
Bills receivable taken for premiums 1,290 00
All other assets as per detailed statement 330 50
Total admitted assets $1 ,488,020 27
230 Spring Garden Insurance Qo. of PTiUadeljpKia, Pa.
Liahilities :
Losses reported, adjusted and unpaid % 52,397 35
E,e-insurance reserve required by law 795,176 94
All other liabilities as per detailed statement on
file . . - 61,506 59
Gross liabilities, exclusive of capital $909,080 88
Surplus as regards policy holders $578,939 39
Capital stock 400,000 00
Surplus over capital, including surplus of
assets not admitted in this State $178,939 00
Income during year :
Cash premiums received $514,223 94
Interest on mortgages , 9,469 92
Interest on loans and dividends 41,234 45
From other sources 3,396 35
Actual cash income $568,324 66
Expenclihires during year:
Amount paid for losses $245,922 89
Cash dividends 32,000 00
Commissions and brokerage 119,545 76
Salaries and fees 24,832 76
Taxes paid 21,328 74
All other payments and expenses 40,799 32
Actual cash expenditures $484,429 47
Stocks and bonds in statement :
Par value. Market value.
Allegheny Valley R. R. 1st mortgage 7 per cent.
bonds, 1910 $20,000 00 $25,400 00
Baltimore Traction 1st mortgage col. trust 5 per
cent, gold bonds, 1900 20,000 00 20,000 00
Bells Gap E.. E. cons, mortgage 6 per cent, bonds,
1913 15,000 00 17,250 00
Bells Gap R. R. 1st mortgage 6 per cent, bonds,
1905 5,000 00 5,450 00
Buffalo Ry. 1st cons, mortgage 5 per cent, gold
bonds, 1931 5,000 00 5,000 00
Camden & Atlantic R. R. cons, mortgage 6 per
cent, bonds, 1911 10,000 00 11,800 00
Camden (N. J.) Horse R. R. 1st mortgage 5 per
cent, bonds, 1909. 15,000 00 15,750 00
Chicago & Western Ind. R. R. general mortgage
6 per cent, gold bonds, 1932 15,000 00 17,475 00
Sj>ring Garden Insurance Co. of Philadelphia, Pa. 23l
Stocks mid bonds in statement — Continued:
Par value. Market value.
Clearfield & Jefferson R. R. 1st mortgage 6 per
cent, bonds, 1927 $15,000 00 §17,250 00
Cleveland, Columbus, Cin. & Ind. R. R. general
mortgage 6 per cent, gold bonds, 1934 10,000 00 12,200 00
Cleveland Electric Ry. 5 per cent, mortgage gold
bonds, 1913 5,000 00 5,050 00
Columbus & Cincinnati Midland R. R. 1st mort-
gage 4i per cent, bonds. 1939 20,000 00 1 2,400 00
Easton & Amboy R. R. 1st mortgage 5 per cent.
bonds, 1920 10,000 00 10,700 00
Edison Electric 5 per cent, gold trust certificates,
1946 25,000 00 23,750 00
Electric & Peoples Traction 4 per cent, gold stock
trust certificates, 1945 30,400 00 21,280 00
International Navigation Co. of N. J. 1st mort-
gage 6 per cent, gold bonds, 1906 10,000 00 10,200 00
Jacksonville & St. Louis Ry. cons, mortgage 5 per
cent, gold bonds, 1925 5,000 00 5,000 00
Jacksonville & St. Louis Ry. inc. mortgage 4 per
cent, gold bonds, 1935 24,000 00 9,600 00
Jacksonville Southeastern Ry. 1st mortgage 6 per
cent, gold bonds, 1910 7,000 00 7,000 00
Jacksonville, Tampa & Key West Ry. 1st mort-
gage 6 per cent, gold bonds, 1914 10,000 00 6,000 00
Lehigh Coal & Navigation cons. 7 per cent, bonds,
1911 20,000 00 25,400 00
Lehigh Valley Coal Co. 1st mortgage 5 per cent.
gold bonds, 1933 10,000 00 9,650 00
Lehigh Valley R. R. "annuity" 6 per cent, bonds,
1923 20,000 00 24,600 00
Lehigh Valley Ry. of N. Y. 1st mortgage 4i per
cent, gold bonds, 1940 5,000 00 5,100 00
Mortgage Trust Co. of Pennsylvania 5 per cent.
debenture bonds, 1900 25,000 00 25,000 00
Xew York & Long Branch R. R. 1st mortgage 5
per cent, gold bonds, 1931 5,000 00 5,700 00
New York & Long Branch R. R. general mort-
gage 5 per cent, gold bonds, 1941 5,000 00 5,700 00
Northern Pacific R. R. & land grant general 1st
mortgage 6 per cent, gold bonds, 1921 10,000 00 11,500 00
Oglethorpe Savings & Trust Co. (Savannah, Ga.)
trust certificates 10,000 00 10,000 00
Penn National Bank of Philadelphia stock, 200
shares 10,000 00 17,000 00
232 Spring Garden Insurance Co. of Philadelphia, Pa.
Stocks and bonds in statement — Continued :
Par value. Market value,
Pennsylvania & New York Canal & R. R. con.
5 per cent, bonds, 1939 §10,000 00 §10,700 00
Pennsylvania & Northwestern R. R. general
mortgage 5 per cent, bonds, 1930 25,000 00 25,500 00
Pennsylvania Steel Co. 1st mortgage 5 per cent.
bonds, 1917 , 10,000 00 10,000 00
Peoples Passenger Ry. 1st mortgage 7 per cent.
bonds, 1905 10,000 00 11,600 00
Peoples Passenger RJ^ 4 per cent, gold trust cer-
tificates, 1943 20,000 00 18,950 00
Philadelphia & Reading R. R. cons. 7 per cent,
bonds, 1911 20,000 00 25,200 00
Philadelphia & Reading R. R. 6 per cent, im-
provement mortgage gold bonds, 1897 10,000 00 10,300 00
Philadelphia & Reading R. R. 5 per cent.
stamped bonds, 1922 25,000 00 25,500 00
Philadelphia & Reading R. R. terminal 5 per
cent, gold bonds, 1941 10,000 00 11,000 00
Philadelphia & Reading R. R. Delaware River
terminal extn. 5 per cent, gold bonds, 1942. . 15,000 00 15,000 00
Philadelphia, Reading & New England R. R. 1st
mortgage 5 per cent, gold bonds, 1942 30,000 00 12,000 00
Pittsburg, Cincinnati & St. Louis R. R. 1st mort-
gage 7 per cent, bonds, 1900 30,000 00 33,000 00
Sanitary Dist. of Chicago (111.) 5 per cent, munici-
pal bonds, 1911 10,000 00 10,650 00
Schuylkill River East Side R. R. 1st mortgage
5 per cent, gold bonds, 1935 10,000 00 10,200 00
Steubenville & Indiana R. R. 1st mortgage 5 per
cent, bonds, 1914 5,000 00 5,525 00
St. Louis Merchants Bridge Terminal Rj^ 1st
mortgage 5 per cent, gold bonds, 1930 10,000 00 10,400 00
Sunbury, Hazelton & Wilkesbarre Ry. 2d mort-
gage 6 per cent, bonds, 1938 10,000 00 10,700 00
Terre Haute & Logansport R. R. ext. mortgage
6 per cent, bonds, 1913 20,000 00 17,000 00
United Gas Improvement Co. 6 per cent, bonds,
1902 10,000 00 10,500 00
Wilmington & Northern R. R. general mortgage
5 per cent, gold bonds, 1932 25,000 00 26,250 00
1711,400 00 1708,180 00
Total amount at risk December 31, 1896 §97,111,235 05
State insurance Co. of Philadelphia, Pa. 233
Business in Maryland in 1896 :
Fire risks written in 1896 $569,291 75
Premiums received 5,320 81
Losses paid 2,586 36
Losses incurred 1,759 72
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
STATE INSURANCE COMPANY
OF PHILADELPHIA, PA.
Commenced Business 1S96. Capital stock $100,000.
Frank Reeder, President. Henry K. Boyer, Secretary.
Principal Office, Broad and Cherry Streets.
Attorney to accept service in Maryland^ - - - - E. B. DuVal.
General Agents in Maryland, - - E. B. DuVal & Co.
Summary of assets December 31, 1896 :
Loans on mortgage of real estate $63,160 10
Stoclvs and bonds owned by the company, market
value 7,000 00
Interest due and accrued , 2,051 15
Cash in company's office and in bank 34,744 87
Premiums in course of collection 20,308 23
Total admitted assets $127,264 35 ,
Liabilities :
Losses reported, adjusted and unpaid $ 1,500 00
Re-insurance reserve required by law 18,771 89
Commissions, brokerage, etc 1,858 18
All other liabilities as per detailed statement on
file 7 50
Gross liabilities, exclusive of capital 22,137 57
Surplus as regards policy holders $105,126 78
Capital stock 100,000 00
Surplus over capital, including surplus of
assets not admitted in this State $5,126 78
Income during year :
Cash premiums received $16,779 76
Interest on mortgages 340 47
From other sources 100,000 00
Actual cash income $117,120 23
2M Traders Insurance Co. of Chicago^ 111.
Expenditures during year :
Amount paid for losses $ 1,544 53
Commissions and brokerage 1,176 38
Salaries and fees 4,659 78
Taxes paid 70,160 10
All other payments and expenses 4,834 57
Actual cash expenditures $82,375 36
Stocks and bonds in statement :
Par value. Jtfarket value.
Wilkesbarre City 5 per cent, bonds $6,000 00 |6,000 00
Louisville & Nashville R. R. 4 per cent 1,000 00 1,000 00
$7,000 00 $7,000 00
Total amount at risk December 31, 1896 $2,295,493 00
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
TRADERS INSURANCE COMPANY
OF CHICAGO, ILL.
Commenced Business 1S72. Capital Stock $500,000.
E. Bb'ciciNGHAM, President. R. J. Smith, Secretary.
Principal Office, No. 160 La Salle Street.
AttoTfiey to accept service in Maryland, - John H. Katzenberger.
General Agettt in Maryla7id, - John H. Katzenberger.
Summary of assets December 31, 1896 :
Real estate $ 6,524 37
Loans on mortgage of real estate 232,850 00
Stocks and bonds owned by the company, market
* value 1,246,379 25
Loans on collaterals 22,500 00
Interest due and accrued 12,652 96
Cash in company's office and in bank 76,850 00
Premiums in course of collection 63,901 19
All other assets as per detailed statement 21,715 26
Total admitted assets $1,683,373 03
Traders Insurance Co. of Chicago., III. 235
Liabilities:
Losses reported, adjusted and unpaid. % 72,092 98
Re-insurance reserve required by law 473,361 35
Commissions, brokerage, etc 8,937 86
All other liabilities as per detailed statement on
file 10,312 34
Gross liabilities, exclusive of capital $564,704 53
Surplus as regards policy holders $1,118,668 50
Capital stock 500,000 00
Surplus over capital, including surplus of
assets not admitted in this State |618,668 50
Income during year :
Cash premiums received $669,331 78
Interest on mortgages 12,965 42
Interest on loans and dividends 59,804 52
From other sources 257 67
Actual cash income $742,359 39
Expenditures during year :
Amount paid for losses $374,543 44
Cash dividends 50,000 00
Commissions and brokerage 112,432 37
Salaries and fees 60,063 50
Taxes paid 24,148 39
All other payments and expenses 55,742 37
Actual cash expenditures. $676,930 07
Stocks and bonds in statement :
-Par value. Market value.
United States 4 per cent, bonds â– $150,000 00 $164,625 00
Chicago Packing & Provision Co. bonds 25,000 00 25,000 00
North Chicago Street R. R. Co. bonds 5,000 00 5,000 00
Chicago & South Side Rapid Transit R. R. Co.
bonds 45,000 00 15,750 00
American Exchange National Bank stock 25,000 00 23,500 00
National Bank of America stock 30,000 00 36,000 00
Union National Bank stock 20,000 00 18,600 00
Continental National Bank stock 32,500 00 39,000 00
Corn Exchange Bank stock 10,000 00 26,000 00
Chicago & Alton R. R. stock 25,000 00 40,000 00
Chicago, Milwaukee & St. Paul Ry. stock, common 30,000 00 21,750 00
2S6 Traders Insurance (jo. of Chicago^ 111.
, StocTcs and bonds in statement — Continued:
Par value. Market vahie.
Chicago, Milwaukee & St. Paul Ry. stock, pre-
ferred $20,000 00 $26,000 00
Chicago & N. W. Ry. stock, common 50,000 00 50,750 00
Chicago & N. W. Ry. stock, preferred 25,000 00 37,500 00
Chicago City Ry. stock 180,000 00 387,000 00
Chicago West Division Ry. stock 6,800 00 40,800 00
West Chicago Street R. R. stock 11,500 00 9,430 00
North Chicago City Ry. stock 5,000 00 25,000 00
North Chicago Street R. R. stock 60,000 00 114,000 00
National Ry. stock 56,700 00 60,669 00
Tri-City Ry. stock 10,000 00 10,000 00
Mutual Fuel Gas Co. stock 13,600 00 17,000 00
Universal Gas Association stock 12,240 00 12,240 00
Central Music Hall stock.. 2,200 00 7,700 00
Chicago leasehold trustees stock 25,000 00 25,000 00
Town of Cicero warrants 8,832 97 8,065 25
1,372 97 $1,246,379 25
Total amount at risk December 31, 1896 $66,326,913 00
Business in Maryland in 1896 :
Fire risks written in 1896 $573,099 00
Premiums received 5,209 85
Losses paid 3,260 35
Losses incurred 9 37
TJnion Insurance Co. of Philadelphia^ Pa. 237
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
UNION INSURANCE COMPANY
OF PHILADELPHIA, PA.
Commenced Business 1803. Capital Stock $200,000.
Charles S. Hollinshead, President. Edgar R. Dannels, Secretary.
Principal Office, Philadelphia, Pa.
Attorney to accept service in Maryland, - - - E. A. Richardson.
General Agents in Maryland, - E. J. Richardson & Sons.
Summary of assets December 31, 1896 :
Keal estate $160,000 00
Loans on mortgage of real estate 9,900 00
Stocks and bonds owned by the company, market
value 368,385 50
Loans on collaterals 19,300 00
Interest due and accrued 1,338 34
Cash in company's office and in bank 22,410 81
Premiums in course of collection 59,012 21
Bills receivable taken for premiums 1,000 00
All other assets as per detailed statement 781 04
Total admitted assets ' $642,127 90
Liabilities:
Losses reported, adjusted and unpaid $ 31,990 83
Re-insurance reserve required by law 249,823 87
Cash dividends to stockholders unpaid 1,659 44
All other liabilities as per detailed statement on
file 13,521 79
Gross liabilities, exclusive of capital $296,995 93
Surplus as regards policy holders $345,131 97
Capital stock 200,000 00
Surplus over capital, including surplus of
assets not admitted in this State $145,131 97
Income during year :
Cash premiums received $313,715 91
Interest on mortgages 495 00
Interest on loans and dividends 18,824 67
From other sources 2,697 88
Actual cash income $335,733 46
238 Union Insurance Co. of Philadeljphia, Pa.
Expendihires during year:
Amount paid for losses $169,278 76
Cash dividends 11,740 53
Commissions and brokerage 60,202 90
Salaries and fees 37,195 20
Taxes paid 10,178 83
All other payments and expenses 31,844 79
Actaal cash expenditures $320,441 01
Stocks and bonds in statement :
Par value. Market value.
United States 5 per cent, coupon bonds, 1904 $10,000 00 $11,400 00
Baltimore & Ohio R. E.. Co. (Parkersburg Branch)
6 per cent, coupon bonds, 1911 25,000 00 27,250 00
Susquehanna Coal Co. 6 per cent, coupon bonds,
1911 10,000 00 11,400 00
Steubenville & Indiana R. R. Co. 5 per cent.
registered bonds, 1914 15,000 00 16,500 00
Chesapeake & Delaware Canal Co. 5 per cent.
registered bonds, 1916 15,000 00 7,050 00
Philadelphia & Reading R. R. Co. cons, sterling
6 per cent, coupon bonds, 1911 25,000 00 30,000 00
Philadelphia & Reading R. R. Co. general mort-
gage 4 per cent, coupon bonds, 1958 â– 4,000 00 3,280 00
Philadelphia & Reading R. R. Co. 3d preferred
income mortgage 5 per cent, coupon bonds,
1958 5,000 00 1,550 00
Philadelphia & Reading R. R. Co. 50-year gold
5 per cent, registered bonds, 1941, terminals . . 10,000 00 11,025 00
New York Car Trust (series C.) 6 per cent, regis-
tered bonds 16,000 00 16,000 00
Shamokin, Sunbury & Lewisburg R. R. Co. 5 per
cent, coupon bonds, 1912 4,000 00 4,120 00
Perkiomen R. R. Co. 1st series mortgage 5 per
cent, coupon bonds, 1918 13,000 00 13,000 00
Lehigh Valley R. R. Co. 6 per cent, annuity
bonds, registered 10,000 00 12,300 00
North Pennsylvania R. R. Co. 6 per cent, regis-
tered bonds, 1905 2,000 00 2,260 00
Hestonville, Mantua & Fairmount Pass. R. R.
Co. 5 per cent. cons, mortgage gold bonds, 1924 . 20,000 00 22,200 00
Peoples Passenger Ry. Co. 1st mortgage 5 per
cent, coupon bonds, 1911 6,000 00 6,480 00
Peoples Passenger Ry. Co. cons, mortgage 5 per
cent, coupon bonds, 1912... 5,000 00 5,300 00
Union Insurance Co. of Philadelphia, Pa. 239
Stocks and bonds in statement — Continued:
Par value. Market value.
Lehigh Coal & Navigation Co. collateral trust 41
per cent, gold coupon bonds, 1905 $10,000 00 $10,400 00
Cincinnati, Dayton & Ironton R. E.. Co. 1st mort-
gage 5 per cent, gold coupon bonds, 1941 5,000 00 5,375 00
Terminal R. R. Association of St. Louis 1st cons.
mortgage 5 per cent, gold bonds, 1944 5,000 00 5,250 00
Atlantic City R. R. Co. 5 per cent, gold mortgage
coupon bonds, 1919 11,000 00 11,440 00
Union Traction Co. 4 per cent, registered bonds
trust certificates, 1945 5,000 00 3,525 00
Huntington & Broad Top Car Trust fund 5 per
cent, coupon bonds, 1901 10,000 00 10,100 00
Baltimore & Ohio R. R. Co. receivers certificates,
6 per cent., 1899 10,000 00 10,225 00
Easton & Amboy R. R. Co. trustees certificates,
5 per cent, registered bonds, 1920 14,000 00 14,910 00
Pennsylvania & New York Canal & R. R. Co.
cons, mortgage 5 per cent, registered bonds,
1939 10,000 00 10,800 00
100 shares Little Schuylkill R. R. Co. stock 5,000 00 5,100 00
200 shares Pennsylvania R. R. Co. stock 10,000 00 10,350 00
136 shares North Pennsylvania R. R. Co. stock. . 6,800 00 11,356 00
48 shares Delaware E. R. Co. stock 1,200 00 1,536 00
88 shares Delaware Insurance Co. stock 2,200 00 2,024 00
68 shares Philadelphia National Bank stock . . . 6,800 00 12,920 00
88 shares Farmers & Mechanics National Bank
stock 8,800 00 9,372 00
100 shares Philadelphia Traction Co. stock 5,000 00 6,700 00
109 shares Thirteenth & Fifteenth Streets Passen-
ger Ry. Co. stock 5,450 00 25,887 50
1326,250 00 $368,385 50
Total amount at risk December 31, 1896 $38,487 311 GO
Business in Maryland in 1896 :
Fire risks written in 1896 $370,007 00
Premiums received 3,084 97
Losses paid 3,734 92
Losses incurred 934 62
240 United Firemen'' s Insurance Go. of Phila.^ Pa.
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
UNITED FIREMEN'S INSURANCE COMPANY
OF PHILADELPHIA, PA.
Commenced Business iS6i. Capital Stock
Robert B. Beath, Preside/it. Dennis J. Sweeny, Secretary.
Principal Office, No. 419 Walnut Street.
Attorney to accept service in Maryland., - - John H. Gildea, Jk.
General Agent in Maryland, - - John H. Gildea, Jr.
Summary of assets December 31, 1896 :
Real estate |146,350 00
Loans on mortgage of real estate 670,519 94
Stocks and bonds owned by the company, market
value 385,678 00
Loans on collaterals 94,000 00
Interest due and accrued 15,695 52
Cash in company's office and in bank 67,745 28
Premiums in course of collection 39,348 45
Bills receivable taken for premiums 492 47
All other assets as per detailed statement 6,191 51
Total admitted assets $1,426,021 17
Liabilities :
Losses reported, adjusted and unpaid $ 18,929 00
Re-insurance reserve required by law 888,209 70
Due and accrued for salaries, etc 379 29
Commissions, brokerage, etc 8,802 10
All other liabilities as per detailed statement on
file , 7,131 49
Gross liabilities, exclusive of capital 923,452 48
Surplus as regards policy holders $502,568 69
Capital stock 300,000 00
Surplus over capital, including surplus of
assets not admitted in this State $202,568 69
Income during year :
Cash premiums received $269,962 45
Interest on mortgages 34,790 80
Interest on loans and dividends 22,761 90
From other sources 97 02
Actual cash income $327,612 17
United Firemen'' s Insurance Co. of Philadelj^hia, Pa. 241
Expenditures during year:
Amount paid for losses §143,474 14
Cash dividends 30,000 00
Commissions and brokerage 56,995 59
Salaries and fees 23,879 83
Taxes paid 8,505 12
All other payments and expenses 26,471 03
Actual cash expenditures $289,325 71
Stocks and bonds in statement :
Par value. Market value.
Northern Central R. R. bonds, con. G. M. 6s,
1904, series C 810,000 00 $11,500 00
Chicago & Western Indiana R. R. general mort-
gage bonds, 6 per cent., 1932 10,000 00 11,700 00
Zanesville & Ohio R. R. bonds, 6 per cent 10,000 00 1,000 00
Toledo Belt Line Ry. Co. bonds, 5 per cent., 1900-
1901 10,000 00 10,000 00
McKeesport & Belle Vernon R. R. Co. bonds, 6
percent 10,000 00 12,500 00.
Atlantic City R. R. Co. bonds, 5 per cent., 1919. 20,000 00 20,800 00
Lehigh Valley Ry. Co. bonds, 4i per cent., 1940. 20,000 00 20,000 00
Philadelphia & Reading R. R. Co. imp. bonds, 6
per cent., 1897 10,000 00 10,300 00
The Mortgage Trust Co. of Pennsylvania deben-
ture bonds, 5 per cent 10,000 00 10,000 00
The Real Estate Title Insurance and Trust Co.,
debenture bonds, 4i per cent 20,000 00 20,000 00
City of Woonsocket (Dakota) bonds, 7 per cent. . 6,000 00 6,000 GO
Union Passenger Ry. Co. stock, 199 shares 9,950 00 44,775 00
Continental Passenger Ry. Co. stock, 200 shares. 20,000 00 26,000 00
Pennsylvania & New York Canal and R. -R. Co.
bonds, 4 per cent., 1939 20,000 00 19,000 00
Car Trust of New York, No. 2, series F, 5 per cent. 4,000 00 3,800 00
Car Trust of New York, No. 3, series G, 5 per cent. 12,000 00 11,400 00
Evansville & Terre Haute R. R. 1st general mort-
gage gold bonds, 5 per cent., 1942 10,000 00 8,000 00
Columbus & Cincinnati Midland R. R. 4+ per cent.
bonds, 1939 8,000 00 4,800 00
Peoples Passenger Ry. 4 per cent, gold stock cer-
tificates, 1943 ••• 15,000 00 14,100 00
Philadelphia & Baltimore R. R. Co. loan certifi-
cates, 4i per cent., 1911 10,000 00 10,200 00
Newark Passenger Ry. Co. cons, mortgage 5 per
cent, gold bonds, 1930 10,000 00 10,700 00
Philadelphia Traction Co. col. trust bonds, 4 per
cent., 1917 10,000 00 10,300 00
242 United States Fire Insurance Co. of Ntiv York, JV. Y.
Stocks and bonds in statement — Continued:
Par value. Market value.
Second Avenue Traction Co. of Pittsburg 1st mort-
gage 5 per cent, gold bonds, 1934 $15,000 00 §15,450 00
Pittsburg, Cincinnati & St. Louis 7 per cent, rail-
way bonds, 1900 17,000 00 18,700 00
Electric & Peoples Traction 4 per cent, gold stock
certificates, 1945 15,200 00 10,640 00
Union Traction Co. of Philadelphia stock, 154
shares (§10 paid) 1,540 00 1,463 00
Baltimore & Potomac R. R. Co. 6 per cent, tunnel
bonds, 1st mortgage, 1911 5,000 00 6,150 00
Lehigh Valley R. R. Co. 5 per cent, gold, car trust
loan, 1899 and 1900 15,000 00 15,600 00
Lehigh Coal & Nav. Co. col. trust 4^ per cent,
bonds, 1905 20,000 00 20,800 00
§353,690 00 $385,678 00
Total amount at risk December 31, 1S96 $68,035,191 57
Business in Maryland in 1896 :
Fire risks written in 1896 $444,527 00
Premiums received 5,346 32
Losses paid 2,376 67
Losses incurred 2,228 81
SWORN STATEMENT FILED IN THIS DEPARTMENT OF THE
UNITED STATES FIRE INSURANCE COMPANY
OF NEW YORK, N. Y.
Commenced Business 1S24. Capital Stock $250,000.
W. W. Underbill, President. W. H. Griffen, Secretary.
Principal Office, No. 46 Pine Street.
Attorney to accept service in Maryland^ - - - E. G. Parker.
General Agent ill Maryland.^ - - - E. G. Parker.
Summary of assets December 31, 1896:
Loans on mortgage of real estate §431,500 00
Stocks and bonds owned by the company, market
value 161,852 50
Interest due and accrued 4,306 34
Cash in company's office and in bank 11,470 67
Premiums in course of collection 54,906 40
All other assets as per detailed statement 387 36
Total admitted assets $664,423 27
United States Fire Insurance Go. of Nevj York, JV. Y. 243
Assets not admitted in Maryland :
Deposits in various States for the protection of
policy holders in such States, market value. . . §13,130 00
Liabilities in said States , . 6,319 00
Surplus over said liabilities $6,811 00
LiaMlities :
Losses reported, adjusted and unpaid ^ 32,178 92
Ee-insurance reserve required by law 213,567 27
All other liabilities as per detailed statement on
file 21,429 70
Gross liabilities, exclusive of capital. ..... 267,175 80
Surplus as regards policy holders $397,347 38
Capital stock 250,000 00
Surplus over cajutal, including surplus of
assets not admitted in this State $154,058 38
Income during year :
Cash premiums received $293,520 09
Interest on mortgages. .' 18,613 90
Interest on loans and dividends 6,740 61
Actual cash income $318,874 60
Expendmires during year :
Amount paid for losses $166,499 15
Cash dividends 15,000 00
Commissions and brokerage . 72,072 27
Salaries and fees 24,687 95
Taxes paid 4,678 73
All other payments and expenses 25,868 23
Actual cash expenditures $308,806 33
Stocks and bonds in statement :
Par value. Market value.
U. S. 4 per cent, registered bonds, 1907 $117,000 00 $128,992 50