Evening Star Newspaper, March 27, 1937, Page 9

F INANCIAL THE EVENING STAR, WASHINGTON, D SATURDAY, MARCH 27, 1937. FINANCIAL . *» A—9 . . ) el BeRA Construction Loa and Loans oa Improved Properties Prevailing Rates FIRST DEED OF TRUST ONLY GEORGE 1. BORGER 643 Indiana Ave. N.W. Nat’l 0350 “THE CONDITION OF THE Money f STATEMENT Locomotive Engineers and Con- | ductors’ Mutual Protective As- sociation of Detroit, Michigan! as | n the 31st day of December, 193G, :tu\llred under Section 647 of the Code of Law for the District of Columbia. INCOME income $1706.202.10 Other income A0RGT Total income 180000 DISBURSEMENTS. e A ount pald for indemniiy, | Total premium Al other disbutsements Total disbursements a 4 KABS[TS. onds and stocks 5 gnsh in office and banks All other assets Gross assets Deduct assets not admitted Total admitted assets LIABILITIES. Total policy claims = Other liabilities = Total vnunmeu “tunds Total (surplus) 310539887 LEWIS 1. WARD, President. ENBEN. Secretars "l"'\ihsgfixgrmn sworn_to beiore we this 11th day of March, 19 INTESERING, Oan) B MO ary: Puslic. =T CONDITION TATEMENT OF T Norwich Union Indemnity Company rk, N. Y.. on ihe h t 0{ DP~ ot lhl Code of Law for the Dl:\nu ot i o INCOME, Net premiums Total interesi and rents Other income D ISBURSEMENTS ount 'pald pojicyhold- ers for losses Al other disbursements. isbursements ‘Total disl Y”ASEL‘I‘S Resi estate rtgage loans on reai estate Gollateral loans ds and stocks ssh fn compans's office ts {n banks ums in course of col- jection lnmm and rents due or ued = All ozher assets Gross a Deduct asseis not admitted Total admitied egscis siiiTIEs. Tots] unpaid :lllmi Tota ukntnrned premiums Other liabilies Capital paid up. = lnrplu» Bver all iiabinities” 05,447.05 £500,000.00 684.614.30 10,575 81 m PREMIUMS wm‘gr!:n DURING District Totak, oo0f Colymbs, $34.7R1.68 29041 i 2.874.92 Health Noncancellable |c~ n A ealth 50 0 0 156.565.58 477.89 44.881.15 83,8795 CIA‘:I 3 other than Workmm 5 msation elity TR 8“"‘" um theft Mlchmen Auto property dam- age Auto collis! Property maae and c¢ollision other than auto om- £ 142.01 0 $414.171.18 81 Sadnd M FRINK, Vice President DD cretary. s..n.ufi. and sworn to before me this y of March 1967, (Seal.) JOH Notar; s Co.. No b5. public. ot Certificate filed oG Mo .'un 56, {is n New xpires R1,1686.30 | 54.882.48 | = i $161,702. 12891 | Notary Public, | PEANSY EARNIES " CONTINE CLIWB |February Net at $4,939,399, or $280,508 Ahead of Same 1936 Month. | BY the Associated Press. PHILADELPHIA, March 27.—The rajlway operating income for Febru- ary $280,508 greater than for Febru- ary, 1936, and $45,238 greater than February, 18865 Net operating income totaled $4,- 939,399 for the month. Total operat- | ing revenues were $36,167,731, an in- crease of $2,671,986 over February, 1836. Freight revenues increased $2,556,- 653, while passenger revenues de- creased $96,832. Santa Fe Railway. Atchison, Topeka & Santa Fe Rail- way Co. reported February net rail- way operating income of $1,140,720 against $192,937 for February, 1936. Virginian Railway. | Net income of the Virginian Railway | since the first of the year amounts to \51.171,477. a gain of $301,900 for the corresponding period of last year. The \nc( income in February of this year amounted to $578,882 and represented ‘ an increase of $127,577 over February, i 1936. | \ Sperry Corp. Sperry Corp. and subsidiaries, | makers of precision instruments for marine and air navigation, reported for | 1936 net income of $2,570,568, includ- |ing profit of $1058522 on- sale of | securities. | 461 in 1935, which included profit of | 8367.875 on sale of securities. | For 1936 profit was equal to $1.32 a share of capital stock, against 85 cents |in 1935. Universal Pictures. 5| Universal Pictures Co. Inc, | nounced for the first quarter of the { fiscal year ended January 30 the com- | pany and its subsidiaries showed a net | of | loss, after all charges and taxes, $403,966. The figure included earn- | ings of foreign subsidiaries for the 18 | weeks ended November 28 or Decem- | ber 26. For the 13 weeks ended Feb- | ruary 1, Federal Water Service. Federal Water Service Corp. reported | for 1938 consolidated net income of \51.083.!0& after all subsidiary and | parent company charges, taxes. | of parent company was $491,495. The increase in net was due pri- | | marily, the report stated, to greater income received on Federal's invest- | | ment in Southern Natural Gas Co., in | which it holds a controling interest. | SRR N | FOREIGN EXCHANGES. NEW YORK March (P —Foreign exchange sieady; Great Britain in dollars, others in cents. Great Britain demand. | 4.8RA: cables. 4 854 60-day biils, 4.884" France, demand, 4059%: cables, 4.60.%. Ttaly. demand, 5.261s: cables 5.30Y. Demands—Belgium, 16.84: ~ Germany. 40221 regisiered. 20.00; travel, Holland. 3475 Norwar, 24.85: weden; 25191 Denmark 21.82: Fin- land. %.1G: Switzerlan 8% Spain. | unauoted: Portugal 44430 'Greece, 0: | Poland. 18.9%; Czechosiovakis. 4 ‘Yugo- [slavia. 254 Kustria. 1K 7ini Hup 9.R0: Rumania, 75: Argentina, 60 8.8044n: " Tokio. 28.51: Bharigha Hongkong. 30.42; Mexico ~ City, | i Montreal in_New York, 100.18%: | Rew York in Montreal, 99.84%. n—Nominal. 75; Associates Ralph K. Benner Daniel G. Gavis Ernest J. Higgins Rudolph Jose O. L. Kenney Francis A. Marks Pennsylvania Railroad reported a net/ This compared with $1,851,- | an- | 1936, there was a net loss of | including | For 1935 balance for dividends | ATy, { Auto Production Climbs to 101,115 Level for Week BY the Associated Press. DETROIT, March 27.—Ward's Au- tomotive Reports, Inc., estimated that automobile output in the United States and Oanada for the current week would total 101,115 units, compared with 98,878 last week and 101,066 a year ago. Cram's reports placed this week’s | output at 101,805, compared with 99,450 last week and 105415 for the same week a year ago. It credited Qeneral Motors with 54,020 units this week, against 52,764 last week and 38,200 in the like week of 1836. Ford's production was estimated at 34,800, unchanged from last week. A year ago Ford assemblies were esti- mated at 26,560 for the corresponding week. OFFICERS R. BRUCE WARDEN President WALTER M. HEBB Vice President Telephone National 0475-0478 STATEMENT OFOETHE ‘CONDITION The California Insurance Company Of Ban Pranclaco. on the 31st day of De- cember. 1836, s required under Bection | 647 of the Code of Law for the District - of Columbia. INCOME. remiums interest and rents__ income Net | Tota Other | Total | DIBBURSEMENTS, | Nep | pmoynt oaid " policy- holders for losses = All other disbursements” _ Total disbursements _ ASSETS. Real estate Morteage loans on real estate Coliateral loans _ Bonds and stocks L 3.602 BIH 29 Cash in company’s office _ Deposits in banks 178077 88 Agents’ balances 2404 1 Interest and rents due or accrued All other assets Oross _assets Deduct assets pot admitted Total admitted assets LIABILITIES unpaid claime \fii.l unearned premiums . Burplus over Il? labilities 760831 .44 Total £5.500.150.98 NET PREMIUMS WRITTEN DURING THE YEAR income $1.667,640.3 £002.132 .65 19125156 "$56.600.150.98 | Net 00.00 tal. Fire __ s1.138 22026 Ocean marine__ None | Motor vehicles 2,295 31 Earthauake Taaed Iniand naviea- tion and trans- portation Tornado. = wind- storm’ and cs- clone Hal! 8Sprinkler leakage Riot. civil com- motion. and ex- AIF olher Flood $1.411.870.44 F_W. KOECKERT. Manager. C. P. RUPPRECHT. Asst. Secretary. $1055.1 22.026.25 —a1 | | 26th day =t Pebrulry ’}nm (Beal ) Y ulry Public. Fiteh o o A A | Commissfon exires March sa 1938. District of Col nm‘ ia, | | District of 07 | $3.255.32 | Subscribed and sworn to before me this (COTTON REGISTERS MODERATE GAINS Renewed Foreign Buying Lifts Prices Above Recent Lows Early in Week. BY the Associated Press. NEW YORK, March 27.—Cotton foreign, buying the last week, but there was little follow-up to the de- mand and prices eased during the latter part of the period. The trade seemed apprehensive over prospective increases in the cotton acreage this 8Spring. Uncertainties in the European political situation aris- ing from the Spanish conflict, labor difficulties in this country and a de- sire to await clarification of the ad- | ministration’s attitude toward rising recovered about $1.50 to $2 a bale! from recent lows on a renewsl of | commodity prices checked more active | trading. July, which had recovered from 1378 to 14.09, closed Thursday at 13.85, compared with 13.79 a week ago. A sharp upturn at Liverpool as the week opened accompanied advances in Fgyptian and Indian cotton mar- kets and brought in active foreign buying here. Demand from abroad, as s whole, was more pronounced than from other sources. The trade was a falr buyer of old crop deliveries, but this demand was less aggressive in view of quieter conditions prevailing in cotton goods and spot cotton markets. Liquidation continued to appear on moderate rals lies and increased as the week closed. NEW YORK COTTON By the Associated Press. NEW YORK, March 27.—Cotton futures opened firm, 11 to 12 higher, "influenced by improved labor outlook TYLER AND RUTHERFORD, INC. MORTGAGE LOANS REAL ESTATE AND INSURANCE PROPERTY MANAGEMENT 1512 L ST. N.W. ESTABLISHED 1R72 STATEMENT OF Z’Hl CONDITION ol The Reliance Insurance Company | Of Philadelphia, Pa. on the 31st day of December, 1936, as required under Bection 647_of the Code of Law for the District | of Columbia. INOOME. et premiums $805.1 Cotal interest and rents - 150.003.39 ther income 8 1 907.45 Total income ___ $1,080,004. DISBURSEMENTS. Net amount paid poliey- holders for loases 3 All other disbursements. Total disbursements ASSETS. $304.216.68 881,877 $086.003.02 Real estate $211.100.34 | Mortgage loans on resl es- Collfllfl‘ll loans | Bonds and stocks, | Cash in company's office Deposits_in banks Alenu balances | Interest and rents due or accrued i 3| Al other assets z Gross assets | Deduct assets not admitted Total admitted assete LIABILITIES. Net unpaid claims Total unearned premiums | Other liabilities = | Gapital paid up 5 Burplus over all labilities_ Total - $4.185.650.98 NET PREMIUMB WRITTEN DURING THE Y] $4.185.650. Total. Columbia. 852493155 %5.40K.55 240.012.00 2191034 Ocean marine Motor vehicles Earthquake Inland navigation and transporta- tlon 3 Tornado windstorm and cycione 706.39 _ 24.3; 1.630.14 153202 isns.w‘.‘ 0 J. V. HERD, A. 1 VOBB. Becretary. Hail | sprinkler leakage Riot. civil commo- tion and explosion ‘ All other President. Subscribed and sworn to before me this 5th day ' of Februsry. 1047, (8eal) | CHARLES 8. R ARLES Somuiesion expiies “ABTI 16, 1039, | Otner 14813 $6.010.16 | DONAGHY. Notary Pub- INCORPORATED 1901 STATEMENT OF THE CONDITION United States Branch of the Northern Assurance Com- pany, Limited, Of London, England. on the 31st day of | December. 1936. as required under Bection 847 of the Code of Law for the District of Columbia. INCOME. remiums Net interest and rents_ 3.720.801.47 Total” = income mna_Tents 347.199.01 160/181.286 ‘Total income $4.228.136.03 DISBURSEMENTS. Net amount bald policy- holdera for losses $1 All other disbursements Total disbursements ABBETS. Real _estate = Mortzage loans on estate i Collateral loans ~~_ Bonds and stocks - Cash In company's office” _ Deposits in banks I Agents’ balances Interest and rents due or accrued ALl other assets _ = R18.88 1273.60 $4.087.090.28 2706.250.00 real Nil Nil Gross assets Deduct assets not admitted Total admitted assets LIABILITIES Net unpaid claims__ Total unearned premiums Qther liabilities 5 Capital paid up Surplus over all liabilities _ Total s $8.620.920.35 NET PREMIUMS WRITTEN DURING THE YEAR. District of Columbla. $0.640.81 "$8.629.020.35 Pire Ocean marine Motor _vehicle Earthquake Iniand naviga- tion and transporia- tion Tornado. storm cyclanie Hall A | Serinkle leak- | 3.30 | age Riot. motion explosion All other wind- and civil com- and 27 1 GUR. U 8. Man worn to before me this 20th day of February. 1937. (Seal) CHARLES NAPPI. Notary Pubiie. Kings County Clerk’s No_ 38. Kings cnumé Ret igter No. 8040, HNew'¥ork County Cler! R P BAR. Bubscribed And and better foreign political situation. May, 14.04; July, 13.96; October, 13.45 December, 13.38; January, 13.41; March, 13.39b. b—Bid. The trade was a fairly active buyer | and there was moderate foreign de- | mand, while contracts were scarce. However, with the foreign markets | closed, demand from these sources fell Off after initial orders had been filled and prices during the first half hour reacted 5 or 10 points from the high- est. July eased from 13.96 to 13.86 and after the first half hour was selling at 13.89, when prices generally were 4 to 10 points net higher. The Commodity Credit Corp. reported that loan offices had received requests for release of 973,411 bales of loan cotton through March 25, Futures closed very steady. 11-19 higher. Low. Close. May 14.14 Setobe, 40 ober December January _ March | _C_C Bpot_steady; mis \ 14.74 Spot_steady; middling, 14.73. OFFICERS New Securities In Week Reflect Bond Recession| | BY the Assoctated Press. NEW YORK, March 27.—New se- curity offerings were relatively light ! during the last week, reflecting con- traction of ocorporate financing op- erations owing to continued unset- tlement in the bond market. A compilation by Poor's Publishing Co. showed a total of $30.021,475, against $43,107,550 in the previous week and $94,784500 in the com- parable period last year. Of the week’s offerings, municipal | lssues accounted for $22,143,000, against $23,208,500 in the like week last year. Stock financing totaled $6,878,475, against $4,477,500. Public utility offerings amounted to $1,000,- 000, against $63,008,500. There were (no industrial or railroad offerings In the same week last year each ln‘ll\'islon contributed $2,000,000. JOINS GOBEL BOARD. | NEW YORK, March 27 (Special). | —At a special meeting of the Board | of Directors of Adolf Gobel, Inc, | held yesterday. Archibald C. Mac- | Laren was elected a director of the company. He is president of New | York Stockyards Co., president of | Union Stockyards & Market Co., president of Columbia Lighterage Co. and vice president of the Ameri- | can Steel Foundries Co. STATEMENT OF THE CONDITION OF THE Metropolitan Life Insurance Co. of 1 Madison Avenue, New York City, New York On the 31st day of December, 1936, as required under Section 647 of the Code of Law for the District of Columbia. WM. C. H. HAGERMANN Treasurer & Secretary LEA WILLSON Associate BTATEMENT OF TH o THEE CONDITION New York Underwriters Insurance Co. 8 90, John Street, New vork. New York. LA Too B iatchion, 947 of the’ Gode 0 INCOME. Net premiums Total interest and renta Other income Total income $1.432.210.69 DISBURSEMENTS, Net amount pald policy- hoiders for losses All other disbursements___ Total disbursements ASSETS. 2.088.34 Real estate Collateral ‘Iulnn orteage loans on t g’"fi“l A 5 real estate ‘ash_in compan: Deposits_in- banks: ?Itenutbnllgcu nterest and r (it ents due or All other assets INCOME New premiums, Ordinary Department._ _ Renewal premiums, Ordinary Department Total gross industrial premiums Health Division _ Total income Policyholders for direct payment All other disbursements, | Accident and Health Division Total disbursements Real estate.. subject to redemption) = Collateral loans .. ____. __ _ | Policy loans and premium notes. Bonds and stocks. Cash in office.. Deposits in banks.._ Net amount of uncollected and All other assets_ “educt assets not admitted. Gross assets ®8.805 86711 | Deduct assets not admitted . 203.177.87 Total admitted assets 8,302 40 44 LIABILITI 4?% lunnnld claims = g ‘'otal unearnec premi Other “fiapiii " oMUY apital paid up Surplus over all liabilities 4.R43.R17.04 Total _ $R302480.44 NET PREMIUMS WRITTEN DURING THE YEAR. 2 District of Columbla. $1.504.86 04.350. 00000000 Fire _ Ocean marine | Motor vehicles_ _ Earthguake Inland navigation and transporta- tion Tornado. _wird. storm.” and c: clone Hail Snrlnkler RIOE. civil com- motion. and explosion ____ All other = “leak- 6.358.77 8.671 8! 14.60 “S1.008424 8K 31,627.48 R. L. TANNER, Vice President. SCOTT. Becretary. Subscribed and sworn to before me thi; day _of February. 1937 (Beal 18 R, ENGLAND. Notary Fublic King: o 140, Reg. No. 0. 8 No. 90, Term expires March 30. 1938. 7040, Cert. filad 1 No. 7-E-51. Com- lon” expires Much 30.1987. Financial Statement of Companies Represented by DISTRICT AGENCY CO. GENERAL AGENTS Max Vollberg, President Edward S. Brashears, Managing Director 328-346 Investment Building STATEMENT OF THE CONDITION OF THE Queen Insurance Company of America of New Yerk, N. Y., on the 31st day of Di required under Section of Law for the District INCOME. Net premiums Total interest and rents Other income Total $7. DISBURBEMENTS. Net amount paid policy- holders for loxses All other disbursements income Total Aisbursements ASSETS, Real estate Mortgake loans estate = Collateral loans onds and atoc h in company's office Deposits in banks Agents nces Interest and rents due or scerued Al on real 1 other 219 assels Gross assels Deduct _assets not mitted Totsl admitted & ety LIABILITY Net unpa'd claims Total unear premiums Other lavilities - tal paid up Sarpina over aif aud labilities Total s 16.750.00 01¥B7 140 R0 4 7 CR ] 144,662.17 STATEMENT OF THE CONDITION The Continental Insurance Company of 80 Maiden Lane, New York City on the Jist day of December 1 e under Seotion 47 of the Code of Law for the District of Columbia. INCOME tet premiume Toialinteret and rents Other income Total income $23,428.018.45 DISBURSEMENTS. Net amount paid policy- holders for losses All other disbursements Total ments ABBETS, disburse- 20.362,183.50 $1.684.AKK 43 0 0 6,276,785 Pesl estate Mortgage ions on real estate “ “ollateral loans Bonds and stocks Cash in compsny's office Denosits in banks Agents Interest or accrued __ All other apsels 00 $104.851,018. ad- 21460350 admitited Gross assets Deduct s not mitted Total assels $104,436,414.562 LIABILITIES unpaid claims unearned premi- 33,021,336 K8 19,2760 5,309, 5.000.000.00. Toral “ums liabilities __ paid up : surpia over all liablil- tles PREMIL‘M! wnn’rzw DU THE YEAR. o Total Columb)a $13,917 34045 86000455 1 Ocean marine 695.970.14 271.07 Twenty-Four Years of Service to Policyholders—All forms of Insurance STATEMENT OF THE CONDITION OF The Commonwealth Insurance Co. of New York of New York, N. Y. On the 3ist day of December. 1936, as required under Section 647 of the Code of Law for the District of Columbia INCOME Net premiums $1,0486,266.38 Total interest and rents_ . Other income._ ___ Total income DISBURSEMENTS. Net amount paid policy- holders for losses All other disbursements _ $653,948.16 1.153,461.20 Total disbursements $1.807. ASSETS Bonds and_stocl = Cash in company's office Deposits in banks Avents’ balances _ Interest and rents due or accrued Al other assets 30, 4950880 286.77 $ ad- Gross assets 22,076.13 Deduct assets not mitted __ 53 Total admitted assels . $7.208.784 95 LIABILITIES. unpald claims unearned premiums linbilities Capital paid up Surpius over ail Uabilities Total NET PREMIUMS WRITTEN DURING THE YEAR. Net District of Total ‘olumbla. KO8 STATEMENT OF 'I"H‘S CONDITION OF New Hampshire Fire Insurance Company of Manchester. New Hampshire On the 31st day of December. 1638. as required under Section 847 of the Code of Law for the District of Oolumbia. INCOME. $3.809.480.76 834.905.82 132.231.84 Total income _ ____.. $4.666.686.42 DISBURSEMENTS Net amount paid poiicy- holders for losses All other disbursements Net premfums Total interest and rents Other income _. . Total disbursements . $4.403.331.24 ASBETS. $326.760.00 6.180.00 Real Estate Mortgage loans estate Bonds and _stocks Cash in company's office Deposits_in banks Agents' balances Interest and rents due or accrued All other assets on real Gross amsets Deduct assets not admitted Total admitted assets . $17.540.572.91 LIABILITIES. Net unpatd claims _ Total unearned premiums Other liabllities Capital paid up Surplus over all liabilities $518.489 95 4.314.460.72 424.700.87 3.000,000.00 Total $17.540.5 STATEMENT OF THE CONDITION OF THE Eagle Indemnity Company of New York on the 81st day of December. 1936, uired under Section 617 of the Code of Yaw for ihe District of Columbia. INCOME Net premiums Total interest and rents Other income A3 = Total incomi DISBURBEMENTS Net amount paid policy- holders for losses __ All other disbursements_. 05,067.09 [637.95 Total disbursements 2.788.705.04 ASSETS, Real estate Morigase estate Coliateral loans Bonds and stock: Cash in compan Deposits in b Premiums in c loans on rel 691 0 270,114.10 733,086.85 s office of col- leciion Interest ‘and rents due or accrued - All other assets _ Gross assets 3 Deduct assets not admitted Total admitted agsets S On the basis of December “31st, 14 market quotations for all bonds and stocks owned this company's admitted assets would be increased to $7.897 and voluntary reserve to $1 LIABILITIES Total unpaid claims Total unearned premiums Other liabilities 72,00 *1461,569.01 *1,310,911.14 $1,000,000.00 1,000,000.00 Capital paid u SAPDis Sover ‘Wil Tabilittes Total +Iacludes voluntary reserve of $8i 255,651 NET PREMIUMS WRI‘;’[E‘I DURING District of Columbia Accident . _ (eeliel TEMENT OF THE CONDITION STAvE OF THE Merchants Insurance Company of Providence, R. L, On the 31st day of December. 1936. as required under Section 647 of the Code of Law for the District of Columbia. INCOME. Net Premiums Total interest and rents Other income $1,148 475.09 05,504.21 37,017.76 Total income 1.481,807.06 DISBURSEMENTS. Net amount paid policy- holders for losses All other disbursements 88631848 $1,383.476.85 Total disbursements ABSETS, Bonds and stocks Cash in company's office Deposits in banks Agents' balances Interest and rents due or accrued All other assets $2,784,763.85 17,092.10 315,567.00 300.317.23 20,474.16 10.494.02 457 086 18,053.00 $3.439.645.36 Gross assets Deduct assets not admitted Total admitted assets LIABILITIES. Net unpaid claims & Total unearned premiums Other labilities . - Capital paid up Surplus over all liabilities 77,621.00 1.117.004.42 130.008.68 - 1,000,000.00 1.116,111.26 Total - — ... -$3.439.645.36 | Total admitted assets__ __ DISBURSEMENTS Net amount pald for losses and matured endowments Other payments to policyholders, 602.96 in dividends and $6,900,725.29 including $16,865,158.55 Mortgage loans on real estate, (including $1 Total interest and rents due and accrued including A. & H. premiums in course of collection. ... - $49,520,692.04 357,648,103.77 319,308,976.13 $726,477,771.94 201,697,086.72 Other income, including $17.421 609 97 in Acmdsnl and 60,045,819.10 $988,220, 617 76 $224,147,505.21 including $94,086,- returned to of weekly premiums in 274,239,876.56 245,837,045.22 $744,224,516.99 -~ $360,286,431.33 702,801.99 - 2 - 1,032,686,359.43 - 0. - 507,765,993.30 - 2,452,656,232.64 - 15,000.00 - 84,830,153.95 = e 91,725,931.37 deferred premiums, 79,637,078.21 16,655,052.96 $1,626,258,233.19 131,556,460.95 $4,494, 'IOl 773 74 | LIABILITIES (| Net reserve, required by law_. .__ | Other policy reserves_ ... Reserve for dividends payable in 1937, Total policy claims__ __ || Other iabilities. Capital paid up-- ... Unassigned funds (surplus) Total -$3,920,990,791.00 = 0. - 98,771,907.00 - 15,471,158.22 including $10, 61232598 In A & H. Division and $48,000,000.00 contingency reserve 181,043.248.33 $4,216,277,104 55 z 0. 278,424,667.69 .$4,494,701,772.24 Amount of ordinary (including group) business issued, revived and increased during the year. -$2,249,446,845.00 Amount of ordinary (including group) business issued, revived and increased in the District of Columbia during the year__ Amount of industrial business increased during the year Amount of industrial business increased in the District of Columbia during the year $12,998,239.00 issued, ---$1,342,957,540.00 xsued revived and $9,884,027.00 CHARLES G. TAYLOR, Jr., Second Vice President. JAMES P. BRADLEY, Secretary. Subscribed and sworn to before me this 23d day of March, 1937, (Seal) Queens County Clerk's No County Clerk’s No. mission expires March 80, 1937 3420, JOBN R. SCHOEMER, Jr., Notary Public. Queens County Register's No. 2015, ‘New York County Register's No. 7 8-1251. 7821, New York My com- Associates Hugh L. Murrell Leonard F. Ruoff J. T. Ratcliffe Howard W. Spicknall Richard E. Titlow I. B. Warthen STATEMENT OF THE CONDITION OF THE Standard Accident Insurance Company of Detroit, Mich! on the 31st day of Decem 1038, as required under Section 847 of the Code of Taw for the District of Columbia. INCOMI Net premiums $14.035 Total interest and rents . #77 Other income __ 241,2 Total income = o Bk DISBURSEMENTS, Net amount paid policy- holders. Tor Tosses ~ $6,280.903.45 All other disbursements . 7.045.181.:30 disburse- 5 ASSETS. tal T Gaen $14.238,174.75 28,378.88 379,419.66 0 Renl estate Mortgaze estate o Collateral loans "~ Bords and_stocks Cash in companv's office Deposits in banks__ Premiums in course of col- lection Interest and Tents due or accrued All other assets _ Gross_assets assets not loans “on real 46,721 2,538.004.28 3,034.653.67 18.14 D iftea 769650 Tota] admitted as- ety £20.409.9! LIABILITIES. Total unpaid claims Total unv:[rl“:g( premiums Other lia Capital paid u 58,880.00 Surpins over Wil lisbilities 6,139.81 Total __$20,409, NET PREMIUMS WRITTEN DURING Total District of Columbia $5,620.00 t Acciden Ry Health Non cancel- able acc! dent and health Auto liability STATEMENT OF THE CONDITION OF THE Caledonian-American Insurance Co. Of New On the 31st day of December. 1036. a< required under Section (47 of the Code of Law for the District of Columbia INCOME. Net premiums - Total interest and rents. _ Other income ______ York $246.784.2 81,872 42,471.19 Total income . $351,128 44 DISBURSEMENTS, Net amount pald policy- holders for losses All other disbursements 3.673.29 Total disbursements ASSETS. Real estate__ Mortgage loans estate Collateral Bonds and Cash in company’s office Deposits in banks Agents' balances Interest and rents due or accrued = All other assets” on real Gross assets Deduct assets mitted ot Total admitted assets LIABILITIES, Net unpaid claims Total unearned premiums Other liabilities Capital paid up Surplus over all liabilities 42.687.00 200.000.00 Pire 1.183.126.58 Ocean S Motor vehicles Earthquake Inland navigs- tion and transpor t - tion Tornado, storm Spr{nk?er leak- RIGL Vil com- motion _and $1.41 marine 31,47 311,724 06 408.09 9,988, $J01-41 | NET PREMIUMS WRITTEN DURING | Motor vehi- THE YEAR. cles Earthouake Inland navi- eation and | Tranapor Health N o ncancellable accident and herlth Auto liability Liability other than” auto Workman’s comp ensa- tlont cuese Fidelity Surety = Plate glass Burglary and theft Steam _boiler_ Machinery Auto property damage Auto_collision Property dam- age and col- lision” other i than _autg 534,13 310 Totals $2.882.101.713 $11,863.70 C. E. TRINDER, Vice President. F. 8. PERRYMAN, Secretary. Subscribed and sworn to before me this Gth day of February. 1947 (Senl.) AUGUST YERKES, Notary Public. Commission expires March 30, 1938. Liability other than auto _ Workmen's compensa- tion Fidelity Burety Plate glass Burglary and theft Steam boller Machinery Auto prop- erty dam- age Auto sion Property damage and colli- sion other than auto 128,193.00 1,604.48 Totals $14.935. 2 160,999 47 W5 SBLATTS, Vice Bresident OTWAY CONARD, Assistant Secretary. Bubscribed and sworn to before me this 25rd day of February, 1037 (8eal) A NEILSON, Notary Public. My coramission expires July 2, 1940. District of Columbia .0 #0345 H,60%.65 Total $1.746.321 NET PREMIUMS WRITTEN DURING THE YEAR. Fire NET PREMIUMS WRITTEN DURING Ocean marine THE YEAI Motor vehicles Earthqueke Inland neviea- tion and transportation Tornado, wind- storm and cyclone Hail Sprinkler age Riot, clvil com- tion and ex- plosion . Aircraft District of Columbia. $3,334.54 Total. $852,704.11 9.772. 88 1,118.95 0 3,694.10 215.70 District of Columbia. $7.268.. . Fire Motor vehicles Earthquake Inland naviga- tion and trans- portation Tornado, wind- storm and cyclone gprinkler leakage Riot, civil com- motion and ex- ploston All" other. = 716.581.28 B.147.67 Hon = o Tornado windstorm and cyclone Hall 5 Sprinkier leakage Riot, civil © o mmotion explo- Total, Pire $3 Qu(fil‘ 7 26 K7 Grean marine Motor gmlu Earthguak Tnland naviga- tion and transpor- tation explosion Tornado. wind- ; 5 storm o i 117,801,604 468 %5 | All other __ e C‘YCLOlnCl s 1.0 1% $1.046,260.95 $16.074.93 | BPLInKIEr leak- = — C. K. CABE. Vice President. | Riot civil com- $06.861.007.95 $35,460.05 K. 8. STOCKHAM, Secretary, | Motion an F. L. VINNINGES, Vice President Bubscrited and sworn to before me | Al other - _ Bubscribed and sworn io before me this 19th day of Pebruary. 1937. (Seal.) this 6(h day of February. 1647 JOHN C. DROGE. Notary Public. Kings (o) S ALBRRT R HIETO R County. Kings County Clerk's No. 250. s Kings County Register No. 8201, Certifi- Notary Public cate filed In New York County Clerk’s o s B oy Now No. 754, Register's No. 8-D-464. Com- York Co. Register's No. 65.159.62 30249 503.633.41 District of Columbia. $371.72 wind and Total Fire " $237.909.01 Earthquake 224,05 Tornado, _ wind- storm’ and cy- clone Sprinkler leakage Riot. civil commo- tion and explo- sion All other afrcraft 1,310.0%1.08 280.173.3% 43.485.40 93.6:20.66 10.964.32 520.37 26,690.99 12.60 37.88 leak- 293.66 7.894 81 217.84 201,208 “60.018 16.550.00 41.70 2,514.35 colli- 5.438.88 i $18,477.436.77 $66,487.61 - HERBERT MAXSON, Vice President. E. F. HAYDEN, Secretary. Subscribed “and_sworn to before me this 16th day of February, 1037, (Beal.) 'E. B. KALBARHER, Notsry Public. Notary Public, Westchester County. New York County Clerk's No. 307. New York Co. Rég. No. 7-K-170. Commission expires March 30, 1937, 20.223.38 4.483.92 $1,148,475.00 $3.825.08 BYRON S. WATSON. President. TUNIS JOHNSON. Becretary. Subscribed and sworn to before me this 9th day of February, 1937. (Seal.) FRANCIS W. HOPKINS, Notary Public, $246.784.20 ROBERT R. CLARK. President. CHARLES L. SCHWEIS, Secretary. Subscribed and sworn to before me this 15th day of February. 1037. (Seal) HENRY 8. COOLEY, Notary Public. $3.800.460.76 $11,839.50 FRANK E. MARTIN, Vice President. GEOQ. W. SWALLOW. Secretary. Bubacribed and “sworn to 'before me this 16th day of February, 1037, (SEAL) J. M. LYONS. Notary Public. My com- mission expires April 28, 1941. Albert J. Johnstone, mission expires March 30, 1938,