panket£( Sc &UPPtxsi 3fns;urance Company

of ^eb Porfe

19th    ANNUAL    STATEMENT
December   31,    19 5 6
 

ASSETS

U. S. Government Bonds.......... $1,675,513.85

All Other Bonds........................       738,940.84

Stocks—

Preferred  and  Common........    3,746,468.43

Premiums in Course of

Collection    not    over    three

months due ............................       511,753.94
 

Accrued Interest and
Other Items .........
 

Cash
 

28,927.65
676,785.41
 

$7,378,390.12
 

LIABILITIES

Reserve for

Unearned Premiums  ............ $2,947,936.22

Reserve for

Outstanding Losses................       271,051.00
 

Reserve for Taxes and
All Other Liabilities.,
 

179,244.13
 

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

Net Surplus ........ 2,980,158.77

Surplus to

Policy-holders ........................    3,980,158.77
 

$7,378,390.12
 

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

Securities carried at |172,620.73 in this statement are deposited as required by law.

On the basis of December 31, 1936 market quotations for all bonds and stocks owned, this Company's total
admitted assets would be increased to $7,449,605.43 and the surplus to policy-holders would be increased to
$4,051,374.08.