8   BEST'S INSURANCE REPORTS—FIRE AND MARINE.

ALLEMANNIA FIRE INSURANCE COMPANY — Coat

Territory.— Ark., Cal., Colo., Conn., 111., Ind., La., Md., Mass., Mich., N. J., N. Y., 0., Okla., Pa., Tenn., Tex., Utah and Wis.

Dividends.— The dividends paid in recent years have been as follows: 1902 and 1903, 8%; 1904, 4% ; 1905 and 1906, 8%; 1907, 10%; 1908 to 1916, inclusive, 15%; 1917, 19%; 1918 and 1919, 20%.

Officers.— President, W. Steinmeyer; secretary, C. B. Reiter; assistant to president, Wm. A. Steinmeyer. Directors.

Babcock, Oscar H.. vice-president Babcock Lumber Co.

Bell, William M', investment banker, Demmler, L. F., tin plate and sheet metal. Hillman, Jr., J. H., president Hecla Coal &

Lloyd, J. W., Woods-Lloyd Co.

Ludebuehl, H. W., banker.

Reiter, C. B., secretary.

Shepard, George, expert accountant. Steinmeyer, Wm., president.

Steinmeyer, William A., attorney at law. Sterrett, James R., attorney at law. Wells, Charles F., capitalist.

Stockholders' Annual Meeting.— Second January.

General Agencies.—Crum & Forster. New York, Metro-
politan District, Geo. Berry, New York City, New York.
and part of New Jersey; Eliel & Loeb, Chicago. Illi-
nois; Geo. S. Rosencrantz. Massachusetts and Connecticut:
Fish & Schulkamp, Madison, Wisconsin; Gross R. Scruggs
& Co , Dallas, Texas, Louisiana and Oklahoma; Cashman &
Evans, Denver, Colorado; Windsor & Co.. Salt Lake City,
Utah: Clarence De Veuve, San Francisco, California; W. L.

Percy B. Dutton,

need.

Less return premiums and reinsurance   660, 311 56

Timmerman. Memphis. Tennessee: Rochester, Upper New York State.

INCOME. 1919.

Gross premiums written    $1.985.063 25

Total net premiums    $1,324,751 69

Investment earnings    109,926 93

TOTAL INCOME    $1,434,678 62 DISBURSEMENTS, 1919.

Net losses paid    $449,377 95

Underwriting expenses    617, 602 70

Dividends paid    40,000 00

TOTAL. DISBURSEMENTS    $1,106,980 65

Ratios to Prcmiuips Written.—Losses paid, 33.9%; incurred, 36.7%; underwriting expenses. 46.6%; underwriting profit, 5.9%.

Ratios to Premiums Earned.— Losses incurred. 41.0%; expenses incurred, 53.5%: underwriting profit, 6.5%.

Miscellaneous, 1919.—Net losses incurred. $487,327.55; net risks in force December 31, 1919, $229,062,553: net premiums in force, $2291,575.88.

Underwriting Exhibit, 1919.—Premiums earned during 1919. $1,188.437.36: gain from underwriting profit and loss items, $12,848.28; total, $1,201,285.64.

Losses incurred' during 1919, $487,327.55: underwriting expenses incurred during 1919. $635,938.55: total. $1,123.-266.10.

Gain from underwriting during 1919, $78,019.54.

Investment Exhibit, 1919.—Interest. etc., earned during 1919, $123.504.71; profit on investments during 1919, $19,-102.29; total, $142,607.

Loss on investments during 1919, $36,258.10; investment expenses incurred during 1919. $10,022.15: total. $46,28025. Gain from investments during 1919, $96,326.75.

Gain and Loss Exhibit, 1919.—Gains: Underwriting, 878.019.54; investments, $96.326.75; total, $174,346.29. Loss from dividends, $40,000.

Surplus. December 31, 1918, $947,476.67: increase. $134,-346.29: surplus. December 31, 1919, $1,081,822.96.

Coke Co.

Monday in

ALLIANCE ASSURANCE COMPANY, LTD.,

London, Eng.

l"NITED STATES BRANCH, 5 SOUTH WILLIAM STREET. NEW YORK.

ADMITTED ASSETS, U. S. BRANCH, DECEMBER 31. 1919.

TOTAL ADMITTED ASSETS    $1.602,292 56

LIABILITIES, U. S. BRANCH, DECEMBER 31, 1919. LOSSES:   Adjusted, due. $919.85; in

process of adjustment. $742,079:s total,

$742.998.85; reinsurance, $179,173; net   $563,825 85

Unearned premiums:   Inland navigation,

$152,686.04: marine, $116.742.03; total   269.428 07

Salaries, rents, etc   1.500 00

Estimated taxes hereafter payable    36.016 78

Contingent commissions, etc    15,000 00

TOTAL LIABILITIES, except statutory

capital deposit    $885.770 70 STATUTORY CAPITAL DEPOSIT, $200,000.

NET SURPLUS. U. S. Branch, including

statutory capital deposit   716. 521 86

TOTAL   $1.602.292 56

GENERAL REVIEW.

History.— This company was established in 1824. Its authorized capital is £5,450,000, consisting of 250.000 original shares of £20 each, with £2 4s. paid. up. and 450.000

new shares of £1 each fully paid up, making the total paid-in capital of £1,000,000. The balance of the authorized capital is all subscribed and subject to call. It entered the United States and Canada in 1892.