174   BEST'S INSURANCE REPORTS-FIRE AND MARINE.

HARTFORD FIRE INSURANCE COMPANY—Continued

Office at the corner of Trumbull and Pearl streets, a well-   INCOME. 1919.

located brick and granite building, carried at $700,000,   Fire, etc.

Marine

and Inland. $4,694,212 97

668,955 98

623,814 33

writers of the Pacific, Rocky Mountain Underwriters Association, Canadian Fire Underwriters Association, Western Canada Fire Underwriters Association, Mainland Board of Fire Underwriters. New Brunswick Board of Fire Under-writers, Nova Scotia Board of Fire Underwriters, Easten Automobile Underwriters Conference, National Automobile Underwriters Conference, New England Automobile Under-writers Conference, Pacific Coast Automobile Underwriters Conference, Southern Automobile Underwriters Conference, Western Automobile Underwriters Conference.

Classes of Business Written.— Fire, marine, war risk, tornado, sprinkler leakage, hail, automobile, tourists' bag-gage, registered mail and explosion insurance.

It also writes with the Hartford Accident and Indemnity Company and the Hartford Live Stock Insurance Company, both of which it controls, policies covering mortality on live stock. It assumes the fire, tornado, lightning and transportation hazards, and the Hartford Accident and Indemnity Company or the Hartford Live Stock Insurance Company assumes the hazards of disease, accidental death, etc.

Territory.— It is licensed to operate in all the States and Territories except Guam and the Philippine Islands. It also operates in Canada and Cuba.

Dividends.—In recent years it has paid dividends as follows: 1900 to 1902, inc., 32%; 1903 and 1904, 35%: 1905, 40%; 1906, 35%; 1907, 23%; 1908, 30%; 1909,

32½%; 1910, 40%; 1911 and 1912, 35%; 1913 to 1919, inc., 40%.

Officers.— President, R. M. Bissell; vice-presidents, James t\ per. Fred'k C. White, and S. E. Locke: secretary and treasurer, D. J. Glazier; assistant secretaries, Thos. H. Scotland, Fred'k C. Moore, G. A. Russell and C. S. Kremer. Directors.

Bissell, R. M.. president Hartford Fire Insurance Company.

Chase. Charles E., chairman Board of Directors. Ferguson, Samuel, vice-president Hartford Electric Light Company.

Gale, Philip B., president Standard Screw Company. Goodwin, Walter L., capitalist.

Lyman, Theodore, capitalist.

Robinson, H. S., president Connecticut Mutual Life Insurance Company.

Roberts, George, capitalist.

Skinner, William C., vice-president Colt's Patent Fire Arms Mfg. Co.

Whaples, Meige He president Connecticut Trust and Safe Deposit Company.

Stockholders' Annual Meeting.—Second Tuesday in February.

Departments.— Western Department, Chicago, Ill., Dugan & Carr, General Agents.

Pacific Department, San Francisco, Cal., Dixwell Hewitt, General Agent.

Southern Department. Atlanta. Ga.. W. R. Prescott. General Agents.

Total net premiums.. $31, 701, 638 77   $3,401,442 66

Interest, etc   1,487,201 20

Other income    103,370 12

Surplus paid in by stockholders    1,000,000 00

TOTAL INCOME    $37,693.65.2 75

DISBURSEMENTS, 1919.

Net losses paid:

Fire and miscellaneous    $12_.010,741

Marine and inland    1,564.003

TOTAL   $13,574.744 65

Underwriting expenses    13, 609, 094 98

Dividends to stockholders    S00.000 00

Other disbursements    1,254.466 32

TOTAL DISBURSEMENTS    $29,238,305 95 Ratios to Premiums Written.—Losses paid, fire. etc., 37.9%; marine, 45.9%; incurred, 39.4%; underwriting expenses, 38.8%; underwriting profit, 12.9%.

Ratios to Premiums Earned.—Losses incurred, 42.2%; expenses incurred, 43.8%; underwriting profit, 13.9%. Miscellaneous, 1919.— Net losses incurred, $13,817,-859.03; net risks in force December 31, 1919, fire and miscellaneous, $4,619,839,425; marine and inland, $85,727,170; net premiums in force, fire and miscellaneous, $47,295,-140.33; marine and inland, $1,884,890.59.

Underwriting Exhibit, 1919.— Premiums earned during 1919, $32,7.24,582.74; loss from underwriting profit and loss items, $8,930.73; total, $32,715,652.01.

Losses incurred during 1919, $13,517,859.03; underwriting expenses incurred during 1919, $I4,343,755.77; total, $28.161,614.80.

Gain from underwriting during 1919, $4,554,037.21.

Investment Exhibit, 1919.— Interest, etc., earned during 1919, $1,588,795.63: profit on investments during 1919. 8472,116.82; total, $2,060,912.45.

Loss on investments during 1919, $1,128,145.22; investment expenses incurred during 1919, $116,317.91: total, $1,244,463.13.

Gain from investments during 1919, $816,449.32.

Gain anr~ Loss Exhibit, 1919.—Gains: Underwriting, $4,554,037.21: investments, $816,449.32; surplus paid in, $1,000,000; total, $6,370,486.53.

Losses:   lnerease in reserve. $565,339.21: dividends,
$800.000: total, $1,365,339.21.

Surplus, December 31, 1919, $9,123,660.08; increase, $5,-00:1.147.32; surplus, December 31, 1919, $14.12S.S07.40.

which is less than cost.

The mortgage loans are nearly all upon improved prop- erty worth about three times the amount loaned.

Affiliations.— Eastern Union, Western Union, South-

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