statement '*^'* 190S. Pac.Il. R.Co.,1st Mtcre.4% Gold Bonds, due 1947 50, United States Itegistered4% Bonds.due 1923 96, Wabash R. B. Co., …

This Company Grants Insurances as follows:

FIDELITY DEPARTMENT. Agains t loss b y defa lcat ions of persons in posi t ions of t r u s t .

ACCIDENT DEPARTMENT. 1. PERSONAL ACCIDENT.

Ayains t d e a t h an d loss of t ime caused b y acc iden ta l bod ily injuries . 2. HEALTH.

Aga ins t loss of t ime caused b y sickness.

PLATE GLASS DEPARTMENT. Agains t loss b y acc iden ta l b reakages .

LIABILITY D B P A R T M B N T : 1. EMPLOYERS' LIABILITY.

Aga ins t d a m a g e s for personal injuries sus ta ined b y employees of manufac tu r e r s , miners , con t r ac to r s , e t c .

2- EMPLOYERS' PUBLIC LIABILITY. Agains t d a m a g e s for personal injiu-ies sus ta ined b y persons

o the r t h a n employees t h r o u g h indus t r ia l ope ra t ions . 3 . TEAMS.

Agains t d a m a g e s for personal injuries caused b y horses a n d Vehicles.

4 . W O R K M E N ' S COLLECTIVE. Collective personal acc iden t insurance for w o r k m e n in indus t r ia l

e s t ab l i shmen t s . 5 . P H Y S I C I A N S ' AND DRUGGISTS* LIABILITY.

Aga ins t d a m a g e s c la imed b y p a t i e n t s or cus tomers . 6. O W N E R S ' A N D L A N D L O R D S ' LIABILITY.

Agains t d a m a g e s for persona l injuries sus ta ined b y persons on the i r p remises .

7.—PASSENGER ELEVATORS. Against d a m a g e s for personal injuries sus ta ined b y passengers .

BOILER AND FLY-WHEEL DEPARTMENT. 1. STEAM BOILER.

Aga ins t , Tst, t h e d i rec t loss of p r o p e r t y ; 2d, d a m a g e s for p r o p ­e r t y of o t h e r s des t royed ; 3d, d a m a g e s for personal in jur ies ;

caused b y explosion of s t e a m boi lers . 2 . FLY-WHEEL.

Aga ins t , 1st , t h e d i rec t loss of p r o p e r t y ; 2d , d a m a g e s for p r o p ­e r t y of o the r s des t royed ; 3d , d a m a g e s for personal in jur ies ;

caused b y d i s rup t ion or explosion of fly-wheels.

BURGLARY DEPARTMENT. F o r b a n k e r s , m e r c h a n t s , householders , a n d o the r s aga ins t loss

b y b u r g l a r y .

BONDED LIST. Agains t loss t h r o u g h mi sapp rop r i a t i on of funds b y k \ v y e r

employed to m a k e col lect ions.

T h e C o m p a n y in i ts F ide l i t y , Boiler, E l eva to r , a n d F l y -W h e e l D e p a r t m e n t s E m p l o y s Skilled Inspec to r s , Makes Thoroughgo ing Inspec t ions , a n d R e p o r t s Thereupon, t o t h e Assured .

^ . . • ^ , >

j^nnual

statement '*̂ '*-190S. of tl̂ e p'inaiiQial Conditio:

.i (JasualtV (^a

:> i^ ,.of ]^ew York.

ecember '•JHl, 190^. I " i s - ' ' ~ U, f^-^/f^

CEORGB P. SB'iVAleD, Presjdotit. t^SS~fi^Q ROBERT a. IIIl^I^AS, Vlco-Pres.-Secy. '-̂

H B A ' K : ^ CROSSI^BY, A s s t . Secy. FRA.XK B. LAW, 2d Asst. Secy.

GBO. W. ALLBlsr, 3d A s s t . Secy.

D i p e e t o p s .

DUMONT C L A R K E , . P res . Amer ican E x c h a n g e N a t i o n a l B a n k W I L L I A M P , D : X O N Counsel lor-a t -Law

A L F R E D W . H O Y T , M e r c h a n t

G E O R G E E . I D E , . . . . P res . H o m e Life I n s . Co . W I L L I A M G . L O W Counse l lor -a t -Law

J O H N G . M C C U L L O U G H ' Er ie Ra i l road Co, W I L L I A M J . M A T H E S O N , Merchan t

A L E X A N D E R E . O R R , . . . . Re t i r ed Merchan t H E N R Y E . P J E R R E P O K T , . . . . Re t i red Merchan t A N T O N A. R A V E N , . , P res . A.tlantic Mutua l Ins . Co\ J O H N L . R T K E R J . L, & D. S. R i k e r

W . E M L E N R O O S E V E L T Banke r

G E O R G E F . S E W A R D , . . . . . . . P re s iden t

KW n

ANNUAL STATEMENT.

THE FIDELITY AND CASUALTY COMPANY OF NEW YORK. DECEMBER 31st, 1907. " " "

ASSETS. r-^TT^ — LIABILITIES. ,. , , „ , ( Market Values of \a-ofi^i-o--

St..AB and Bonds j ^^^ 3 , ^ ,^^y^ g j j p ^ . ^ ^ ^ j »o,263,7(.3. ,., Real Estate j 970,490.58 Cash in Banks and Offleo 143,073.48 Gross Preminnis in course of collection l,029,G'-i7.41 All other Assets 130,400.09

Keservefor Unearned Premiums ®3,4,50,036.70 7.5],»80.00 348,.543.80

14,83a.0O 631,710.00 288,040.34

7.'>,990.02 .58,197.03

Liability I Claimsre.sistedfor Liability Policy holders Losses I Further lieserve under N. Y. law of 1905

Steam Boiler Losses, in process of adjustment All Other Losses, in process of adiustnient Commission on Premiums in course of collection Accrued Taxes (not yet due), 1907 Premiums All other Liabilities., CapltalStocli...»l,000,000.00J Surplus to 1 o n l ' ! Net Surplus 1,013,400.34 ( Policy holders ( -^."'.J,

400.34

5 7 , 5 3 7 , 4 2 9 . 9 1 f 7 , 5 3 7 , 4 2 0 . 9 1

LIST OF SECURITIES OWNED BY THE COMPANY. Albany &, Susq. R. R. Co., .31/2% Bds., due 1940 *]2, Atch., T. & S. Fe, 4% Adj'm't Bds., due 199."), stamped.. 82. Atch., T. & S. Fe R'y Co., 4% Con. Gold Bonds, due 19r>.5 28, Brooklyn Union GasCo.,0%Conv. Debt. Bonds, due 1909 8, B'klyn & Mon. R. R. Co., 1st Mtge. .">7<i Bonds, due 1911.. 24, Canada South, R'v Co., Is t Mtge. 3% Bonds, due 1908 ... 26, Central Ohio It. R.Co., Ist Mtse. 41/2% Bonds, due 1930.. 23, Cent.R.R.of N..!., 1st Mtge..57o Gold Bonds.due 1987.... 29, Ciie8.& 0.l l 'yCo., lst .\ltge.4% Bonds, 1989 (K. & A. div.) 47, Chic.,R. 1.& P. R'yCo.,Gen'l,\Itge.4%Gold Bonds, 1988 95. Chic, R. L & P. U. R. Co., 4% Gold Bonds, due 2002 8L Cin.,L, St.L.&C.R'yf:o.,Gen'llst Mtge.4% B'ds.due 1936 21, Consolidated Gas Co.0% Conv. Debenture Bonds, due 1909 7, Delaw. & Hudson Co., 4%10-yearGt)ld Debt. Bonds. 1910 IS Erie R. R. Co., Penna. Col. Tr. 4% Gold Bonds, due 1931.144 Brie R. R.Co.,Prior Lien 4% Gold Bonds, due 1996 42 Iowa Cent. Ry Co., 1st Mtse. 3% Gold Bonds, due 1938.. 2 Kana.& Hock. C.&C. Co.,lstMtge.5%S.F. Gold Bds,1951 139 L. Erie & VV. R. R. Co., 1st Mtge. 3% Gold Bonds, 1937.. 27 Lake Shore & Mich, So. IVy Co. 4% Gold Bonds, due 1928 89 L. Shore & .Mich. So. K'y Co., 4% Gold Bonds, due 1931 ..132 Metropolitan St. B'yCo.,4%Refd. 100-yr.Goldl!ds.,2002 31 Mlnn.,St. P. & S. St. M. R'y Co., 4% Bds, 1938 67, Nor. &W. R'y Co. & Pocahontas C.&C. Co.,4% Bds., 1941 77, N. P:-G.N..dol. Tr., 4% Joint Bond8,C. B. &Q.Col.,1921. 188, Pitts.,C.&T.R.R. Co.,1st Mtse. 0% Golil Bonds. 1922... 21. KioGrandeVVest.R'vCo.,lstTr. Mtite. 4% Gold B'd8,1939 42, So. R'y Co., Con. 1st Mtsre. 5% Gold Bonds.due 1 994 96, St. L., Iron M. & S. Ry. Co. (R.& G. Div.l Bds., 1933 81, Union Pac.Il. R.Co.,1st Mtcre.4% Gold Bonds, due 1947 50, United States Itegistered4% Bonds.due 1923 96, Wabash R. B. Co., 1st Mtge. 3% Bonds, due 1989 26, West. Union Tel. Co., Col. Trust, .5% Bonds, due 1938 23, Wis.Oent. R'vCo.,lstGen'l Mtge. 4%Gold B'ds,duel949 24, City ot Lynchburg, Va., Refd. 4% Bonds, due 1935 12, City of Lynchburg, Va., 4% Water Bonds, due 1938 23, City of N! Y. 3%% Gold Ex. Bonds (Docks&Ferr's), 1929 60, City of New York 8'/.% Gold Ex. Bonds (Streets), 1940 ... 71, Cousol. Stock of the CItv ot New York, 2"/2%. due 1929. Consol.StockoftheCltvofN.Y.,3y2%,duel915 (known as

".Additional Water Stock of the City of New York") 93,oyu.uu Corporate Stock of the City of New York. 31/2%, due 1954

(for the construction of the Rapid Transit Railroad)... 21,187.50 City of Richmond, Virginia, 4% Guar. Stock, due 1923.... 9,800.00

69,

600.00 000.00 545.00 400.00 250.00 000.00 730.00 300.00 250.00 ,000.00 ,250.00 250.00 875.00 ,950.00 ,000.00 312.30 ,000.00 .500.00 ,000.00 ,300.00 ,000.00 ,000.00 .500.00 500.00 ,000.00 ,630,00 ,000.00 ,500.00 ,625.00 ,375.00 390.00 250.00 ,000.00 ,000.00 ,283.00 373.00 417.00 ,400,00 ,900.00

Amount forward $2,238,757.00

Amount carried forward $2,288,737.00 City of Richmond, Virginia, 4% Guar. Stock, due 1923.... 2,450.00 Commonwealth of Mass., 3'/.!% Gold Bonds, due 1933,

(Metroimlitan Water Loan) 63,200.00 Commonwealtll of Mass., 31/2% Gold Bonds, due 1938,

(.Metroiiolitan Water Loan) 27,898.00 60 Shares Amaiyaniated Copper Co., Stock 3,857.50

100 Sliares AnacondaCop. & Min. Co., St'k, (par $25)... 2,930.00 1000 Shares Atch., T. & S. Fe R'y Co., I'ref. Stock 80,750.00 4995 Sliares Baltimore & tlliio K. B. Co., Common Stock 40,959.00 2000 Sli.ares Baltimore & Ohio R. K. Co., Pref. Stock 162,000.00 1000 Shares Brooklyn City R. E. Co., Stock 10,000.00

200 Shares Brooklyn Union Gas Co., Stock 10,800.00 '500 Shares Chic. & East 111. R. R. Co., Pref. Stock 55,000.00 000 Shares Chic, Milw. & St. P. R'y Co.. Com. Stock 81.750.00

1000 Shares Chic, Milw. & St. P. R'y Co., Pref. Stock 171,000.00 3250 Shares Chic. & North West. R'y Co., Com. Stock 446,875.00

500 Shares Chic. & Nortli West. R'y Co., I'ref. Stock 90,000 00 37 Shares Chic, R. L & P. R'y Co., Stock 3,981.25

600 Shares Chic, St. P., M. & O. R'y Co., Pref. Stock 67,600.00 100 Shares Clev., C, C. & St. L R'y Co. Common Stock. 5,300.00 500 Shares Clev., C, C. & S t L. R'y Co., Pref. Slock 44,000.00 300 Shares Consol. Gas Co. ot N. Y., Stock 28,650.00 600 Shares Del. & Hud. Canal Co., Stock 88,200.00 460 Shares Great Northern R'v Co., Pret. Stock 66,850.00 400 Shares (Jreat Northern R'v Co., Ore Certificates 20,000.00

1000 Shares HocUing Valley R'v Co., Pref. Stock 68,000.00 500 Shares Illinois Central R. R. Co., Stock 61,000.00 400 Sliares L. Shore & Mich. S. R'v Co., Stock 100.000.00

8000 Shares L. V. R. R. Co., Stock, par value $60.00 172,500.00 517 Shares Morris & Essex Ext. H. R.. Guar. Stock 49,115.00 100 Shares Morris & Essex R. R. Co., Stock (par $60)... 8,000.00 550 Shares N. Y., L. & W. R'v Co.. 6% Guar. Stock 55,000.00 400 Shares Northern Pacific R'y Co., Stock 56,900.00

10 Sliares Northern Securities Co., Stock 1,126.00 8000 Shares Penn. R. R. Co.. Stock (par value $50) 442,000.00

530 Shares Pitt., Cin., Chic. & St. T>. R'v Co., Pref. St');.. 44,000.00 2000 Shares Pitt., B.& L. E. R. E.. Com.Stock, (par $50).. 60,000.00 lOOO'Shares Pitt., McK. & Y. R. R.. Guar. St'k (par $50) 67,500.00

300 Shares Rome, W. & O. R. H. Co.. Stock 80,000.00 150 Shares Southern Pnc Co., Com. Stock 11,137.50

2000 Shares Union Pacific R. R. Co., Pref. Stock 160,000.00 360 Shares Union Pacific R. R. Co., Com. Stock 41,912.50 200 Shares United N. .1. E. R. & C. Co., Stock 44,400.00

TOTAL 85,363,763.75

YEAR. GROSS ASSETS." CASH INCOME, 1887 Dec. 31st. $ 042,221.32 $ 539,039.16 1897 " 2,907,009.96 3.068,697.65 1907 " 7,587,429.91 6,524,840.71

A.n»ovint of A l l L o s s e s P a i d to D a t e , D e c e m b e r 3 1 , 1 9 0 7 ,

REINSURANCE RESERVE. $ 300.843.04 1,592,898.04 3,456,036.76

LOSSES PAID. $ 282.293.87

1,200,281.07 2,612,901.17

$ 2 6 , 6 2 9 , 1 3 1 . 9 0 .

This Company Grants Insurances as follows:

BONDING DEPARTMENT. 1.—FIDELITY.

Against loss by defalcations of persons in positions of trust 3.—SURETY.

Against loss by defaults of principals under bond.

ACCIDENT DEPARTMENT, 1. —PERSONAL ACCIDENT.

Against death and loss of time caused by accidental bodily injuries.

3.—HEALTH. Against loss of time caused by sickness. PLATE GLASS DEPARTMENT. Against loss by accidental breakages.

UABILITY DEPARTMENT. 1.—EMPLOYERS' LIABILITY.

Against damages for personal injuries sustained by employee; of manufacturers, miners, contractors, etc.

2.—EMPLOYERS' PUBLIC LIABILITY. Against damages for personal injuries sustained by person:

other than employees through industrial operations. 3.—TEAMS.

Against damages for personal injuries caused by horses ant •vehicles.

4.—AUTOMOBILE. Against damages for personal injuries caused by automobiles.

5.—WORKMEN'S COLLECTIVE. Collective personal accident insurance for workmen in indus­

trial establishments. 6,—PHYSICIANS' AND DRUGGISTS' LIABILITY,

Against damages claimed by patients or customers. 7—OWNERS' AND LANDLORDS' LIABILITY.

Against damages for personal injuries sustained by persons on their premises.

8 —PASSENGEK ELEVATORS. Against damages for personal injuries sustained by

passengers. 9.—WORKMEN'S COMPENSATION.

Ajrainst compensation payable to employees under Work­men's Compensation Acts on account ot personal injuries. BOILER AND FLY-WHEEL DEPARTMENT.

I.—STEAM BOILER. Against, Ist, the direct loss of property; ad, damages for prop­erty of others destroyed; 3d, damages for personal injuries:

caused by explosion o£ steam boilers. 9.—FLY-WHEEL.

Against, 1st, the direct loss of property; 2d, damages for prop­erty of others destroyed j 3d, damages for personal injuries:

caused by disruption or explosion of fly-wheels, BURGLARY DEPARTMENT.

For bankers, merchants, householders, and others against loss by burglary.

The Companv in its Bondiaf, Boiler, Elevalor, and Fly-Wheel Deparlments Employs Skilled idspeclors, Makes Tborougbjoing iDapfctiona, aad Report! Tbereupoo to the laaured.

lin am mm a >II.E SCEEiS i i i lS iS !CCt((

t$t»

The Fidelity and Casualty Company of New York

92 Liberty Street New York. N, Y.

JUN18 1911 A ^ ^ '^^- Statement ^ | ^ Annual J'/i^'

feOPtftl """fencial Condition

...of New York

December 31 st, 1911 ROBERT J. HILLAS, President.

FRANK E. LAW, Vice-President, HEDLEY R. WOODWARD, Vice-President. THEODORE E. OATY, Secretary.

HENRY CROSSLEY. Assistant Secretary. QEORGE W. ALLEN. Assistant Secretary.

FREDERICK R. JONES, Assistant Secretary. CLAUDE E. SCATTERGOOD, Assistant Secretary.

DIRECTOUS • LEWIS L . CLARKE President Amer. Exchange Nat. Bank WILLIAM P. DIXON Counsellor-at-Law JOHN SHERMAN HOYT Manufacturer GEORGE E. IDE President Home Life Insurance Co. WILLIAM G. Low Counsellor-at-T^w PRANK LYMAN Trustee United States Trust Co. JOHN G. MCCULLOUGH Erie Railroad Co. WILLIAM J. MATHESON Merchant ALEXANDER E . ORR Retired Merchant WILLIAM H. PORTER Banker ANTON A. RAVEN President Atlantic Mutual Ins. Co. JOHN J. RIKER Merchant W. EMLEN ROOSEVELT Banker ROBERT J, HILLAS President

ANNDAL STATEMENT. T H E F I D E L I T Y A N D CASUALTY COMPANY OF N E W YORK.

DECKMBER S l s t , 1 9 1 1 . LIABILITIES. S t o c k s a n d Bonds $ 7 , 4 4 4 , 4 4 3 . 5 0 Real E s t a t e . . C a s h i n B a n k s a n d Office O r o s s P r e m i u m s in c o u r s e of col lec t ion ( n o t o All o t h e r A s s e t s

1 ,404,6S6.02 374,197.72

1,210 .355 .30 4 9 , 0 0 9 . 9 4

2,000 Shares Atcl i . ,T.&S.FeR'yCo. . Pfd. 499 '^ Shares B. & O. R. R. Co., Com.

2,000 Shares B, & 0 . R. R. Co., Pfd. 1,000 Sha re s Brooklyn City R. R. C o .

500 Shares C.&East 'n 111.1?.R.Co.,Pfd. 1,000 Shares C. ,Mil .&St.P.R'yCo., Com. 1.800 Sha re s C .Mi l .&St .P .R 'yCo. , P f d . 4,500 Shares Chic .&N.W.R'yCo. , C o m . .

500 Shares Chic .&N.W.R'yCo. , P f d . . 37 Shares C h i c , R. I . & P . R 'y C o . .

500 Shares C. .St .P. .M.&O.R'yCo. ,Pfd. 100 Shares C.,C.,C.SSE.L.R'yCo.,Coni. 500 Sha re s C. ,C. ,C.&St.L.RVCo. .Pfd. 600 Shares Delaware & Hudson C o . . 620 Shares Gt. N. R 'y Co., P fd 600 Shares 111. Cent. R. R. Co 400 Shares Lake Sh. & M. S. R 'y Co.

4,500 Shares Lehigh Val . R. R. C o . . . . 517 Sha re sM.&E.Ex t .R .R . Co., Guar . 100 Shares Morr i s & Essex R. R. C o . 550 Sha re s N.Y.,L.SfW.R'yCo., Guar . 640 Shares No, Pac . R 'y Co

10 Shares Nor the rn Securi t ies C o . . 11.000 Shares P e n n . R. R. Co .'

550 Shares P. ,C. ,C.&St .L.R'yCo. .Pfd. 2,000 Shares P. ,B.&L.E.R.R.Co. . Com. 1,000 Sha re s P. .McK,&Y.R.R.Co. ,Guar .

300 Shares R., W . & 0 . R. R. C o . . . 150 Sha re s Sou th 'n Pac . Co., C o m . . 350 Shares U n . Pac. R. R. Co., Com.

2,500 Shares U n . Pac . R. R. Co., P f d . 200 Shares Uni ted N . T. R.R.&C. C o . 240 Shares Brooklyn Union Gas C o . . 375 Shares Cons. Gas Co., of N. V . . 400 Sha re s Gt. N . R 'y Co., Ore Ct fs .

Par T»lue

$200,000.00 49,950.00

200,000.00 10,000.00 50,000.00

100.000.00 180.000.00 450,000.00

50,000.00 3,700.00

50,000.00 10,000.00 50,000.00 60,000.00 62,000.00 60.000.00 40.000,00

225,000,00 51.700,00

5,000.00 55.000.00 64,000,00

1.000.00 550.000,00

55,000,00 100,000.00 f50.000.00 30,000.00 15,000,00 35,000.00

250,000,00 20,000.00 24,000.00 37,500.00 40.000.00

S10,4Sa,66a.48

R e s e r v e for U n e a r n e d P r e m i u m s $ 4 , 6 4 2 , 6 7 6 . 4 2 L iab i l i ty J C l a i m s r e s i s t ed (or p o l i c y - h o l d e r s 9 3 2 , 4 9 5 . 0 0

Losses t In p r o c e s s of a d j u s t m e n t 3 7 9 , 9 4 0 9 5 S t e a m Boi ler L o s s e s , in p r o c e s s of a d j u s t m e n t 2 4 , 5 0 9 . 0 0 All O t h e r L o s s e s , in p r o c e s s of a d j u s t m e n t 8 7 5 , 9 2 3 26 R e s e r v e for Con t ingenc ie s 175 ,000 .00 C o m m i s s i o n on P r e m i u m s in c o u r s e ot col lec t ion 3 2 7 , 9 2 7 . 0 2 All o t h e r L i a b i l i t i e s 198 ,753 .84 Capi ta l S t o c k . . . . $ 1 , 0 0 0 , 0 0 0 . 0 0 J S u r p l u s t o I , „ , „ . , , „_ Ne t S u r p l u s 1 ,925 ,436 .99 } Po l i cy ho lde r s f 2 , 9 2 5 , 4 3 6 . ^ 9

LIST OF SECURITIES OWNED BY THE COMPANY.

Market Talus

$208,000,00 51,448.50

180,000.00 16,800.00 55,000.00

109,000,00 261,000.00 652,500.00

98.500.00 4,440.00

77,500,00 6,000,03

49.000,00 100,800.00

78.740.00 84,000.00

160,000,00 416,250.00

51,700.00 8,750,00

68,200.00 75,520,00

1,060.00 676,500.00 59.400.00 67.000.00 62,500,00 35,700.00 16,950.00 60.900.00

232,500,00 48.000.00 34,080.00 52,125,00 17.200.00

Amount carried forward. United Slates Registered 4%. 1925 Commonwealth of Mass . , 3 i ^ % , 1 9 3 5 . . Commonwealth of Mass. , 3A%. 1 9 3 8 . . City of Lynchburg , Va., Ref. 4%, 1935. City of Lynchburg . Va., 4%, 1938 City of N. Y., 3A% Exempt, (Docks

and Fe r r i e s} , 1929 City of N. Y., 3'A% Exempt , ( S t r e e t s ) .

1940 Cons'd Stock City of N . Y., 2 ^ % , 1929 Consolidated Stock of the City of N. Y.,

314%. 1915, (known as ' 'Addi t ional Wa te r Stock of the City of N. Y . " ) . .

Corp<irate Stock of the City of N . Y,, 3'A%, 1954, (for t he construct ion of the Rapid T r a n s i t Rai lroad)

City of Rich 'd , Va. , 4%Guar .Stock. l933 City of Rich'd. Va. . 4%Guar.Stock,192S City of Toronto . Roman Catholic Sep­

arate School Board , 4% Deb. . 1930 . . Albany & Susq. R. R. Co., 3'/i%. 1946. Atch,. T . & S. Fe R 'y Co., 4 % A d j . ,

1995, stamped Atch. , T.&S. Fe R 'y Co.,4 % Con.. 1955 Atch., T,&S. Fe R 'y Co., 4% Con., 19fi0 t^an. So t 'h 'n R 'yCo. . l s t Mtge .6%. 1913 Cent. O.R.R. Co., I s t Mtge . 4yi%, 1930 Cent. R.R. of N. J. , 1st MtRe. 5%. 1987 Ches. & O. R'y Co., 1st Mtge. 4%. 1989.

(R. & A. div,) Ch ic , Ind . & South. R.R. Co.. 4%. 1956

Par Value $3,233,850.00

81,000.00 70.000.00 30,000.00 13,000.00 25.000.00

Market Talue 4,177,063.50

91.530.00 65.800.00 28.200.00 12,350.00 23,500.00

Ch ic ,

ssio,48a,6(ia.48

Par Value Market Talus

$4,339,350.00 $5,229,123.50

1988 .

70.000.00 64,400.00

23.000.00 10.000.00 2,500.00

100,000.00 45,000.00 28.000.00 25,000.00 25.000.00 25,000.00

22.000.00 9.800.00 2,450.00

91.000.00 48.150.00 28.280.00 25.500.00 25,500,00 30,500.00

Amount carried forward $3,233,850.00 $4,177,063.50 Amoi carried forward $4,339,350.00 $5,229,123.50

. I. & Pac . R. R. Co., 4%, 2002 Cinu.. Ind. . St. L. & Chic. R 'y Co.,

Gcn' l Ist M t g e . 4 % , 1936 Del. & H u d . Co.. 4% 10-year Deb., 1916 Erie R. R. Co., Pa. Col. T r u s t 4%, 1951 Erie B. R. Co., P r i o r Lien 4%, 1 9 9 6 . . . Iowa Cent. R 'y Co., 1st Mtge . 5%, 1938 Kinns Co. El . R.R.Co. . l s tMtge.4%,1949 Lake Er ie&W.R.R.Co. , l s tMtKe.5%, 1937 Lake Sh. &Mich .Sou th .B 'yCo . ,4%, 1928 Lak.; Sh . '&Mich .Sou th .R 'vCo . ,4%. 1931

Met. St . R ' y Co., 4 % Ref. 2002 M. ,S t .P .&S.St .M.R 'yCo. . Con. 4%, 1938 Nor.&W.R'yCo.,&Poc.C.&C.Co.,4% 1941 N.P.&G.N.Col.Tr.4%.C.,B.&Q.Col. , 1921 Ore.&Wash.R.R.&Nav.Co..Ref. 4%, 1961 Oregon Shor t L ine R. R. Ref. 4%, 1929 Pi t t s . ,Clev.&T.R.R.Co. , l s tMtge.6%, 1922 R i o . G r . W . R ' y C c . l s t T r . Mtge . 4%,1939 Souih 'n Pac . Co. 4 % Con., 1929 Souih 'n Pac . Co., C.P.Col .Tr . ,4%, 1949 South 'nPac.Co. ,So.Pac.K.R. ,Ref .4%,1955 South 'n R 'y Co. ,Con.Is tMtge. 5%, 1994 St .L . ,LM.&S.R'yCo.(R.&G,div . )4%,1933 Uninn Pac. R.R.Co. , l s t Mtge. 4%. 1947 Wabash R. R. Co.. 1st Mtge . 5%, 1939 Wisc .Cent .R 'yCo. . ls tGen ' lMtKe.4%,1949 Com Produc t s R e f g Co., S,F. 5%. 1934 Kana.&Hock.C.&C,Co. , ls tMtEe.5%, 1951 U . S. Steel Corp 'n , S. F . 5%, 1963 We^t.UnionTel .Co. ,CoI. T rus t , 5%, 1938

T O T A L

25,000.00 20,000.00

200,000.00 50.000.00 25,000.00

100,000.00 25,000.00

100,000.00 150,000.00

50,000.00 75,000.00

100,000.00 200.000,00 200,000.00

50.000,00 21.000-00 50,000,00

4,000.00 50,000,00

100,000,00 100,000,00 100,000.00

50.000.00 25.000.00 30.000.00

100,000.00 150.000,00

50,000.00 25.000,00

24,500.00 19.600.00

178,000.00 44,500.00 25,500.00 84.000.00 27.250.00 94,000.00

139,500.00 28,500.00 72,750.00 93,000,00

194.000.00 186,000.00 47,000.00 23,940.00 43,500.00

3.880.00 46.000.00 95,000.00

108.000.00 83,000.00 50,500.00 26,250,00 27.900.00 95.000,00

147,000.00 51.000,00 25,250.00

$6,714,350.00 $V,444,443.50

A m o u n t of All Losses Paid to Date, December 31, 1911, $37,528,798.17 In the foregoing statement the Company has not taken credit for its large volume of reinsurance in foreign companies, or for other large and valuable assets.

The reserve for Liability Losses has been calculated in strict compliance with the New York law of 1911.