STATEMENT OF CONDITION OF

JIanberg & S>f)ipper2i Mmtmtt Company

ofileiD iorfe

DECEMBER 31st, 1934
Organized under the laws of the State of New York
 

ASSETS

U. S. Government Bonds.....$1,260,329.24

All Other Bonds...........    1,292,093.57
 

Stocks—

Preferred and Common.
 

1,663,085.00
 

Premiums in Course of

Collection   not   over   three

months due.............       502,555.16
 

Accrued Interest
and Other Items

Cash   ............
 

37,919.22
419,760.76
 

$5,175,742.95
 

LIABILITIES

Reserve for

Unearned Premiums......$2,600,574.35
 

Reserve for
Outstanding Losses
 

Reserve for Taxes and
All Other Liabilities
 

272,093.00
148,113.51
 

Capital.........$1,000,000.00

Net Surplus.....1,154,962.09

Surplus to

Policy-Holders...........    2,154,962.09
 

5,175,742.95
 

Bonds and Stocks valued on basis fixed by the New York Insurance Department.

Securities carried at $62,509.69 in the above statement are deposited as required by law.

On the basis of December 31, 1934 market quotations for all bonds and stocks owned, this Company's total
admitted assets would be increased to $5,193,181.32 and the surplus to policy-holders would be increased to
$2,172,400.46.