AMERICAN RE-INSURANCE COMPANY
242 South 13th St., Philadelphia, Pa.
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AMERICA'S FIRST AND ONLY STRICTLY
RE-INSURANCE COMPANY
Surplus to Treaty-Holders, $1,408,249.91
A ssets
Bonds and Stock $3,275,583.75
Mortgage Loans on Real Estate 50,000.00
Home Office Property 42,500.00
Cash : 119,342.23
Premiums not over 90 days '. 63,248.25
Accrued Interest on Bonds 29,74532
Total $3,580,419.55
Liabilities
Legal Loss Reserve $1,371,713.29
Reserve for Claims - 131,880.43
Unearned Premium Reserve 408,582.92
Reserve for Taxes and Re-Insurance 60,000.00
Voluntary Catastrophe Reserve 200,000.00
Capital Stock 750,000.00
Surplus 658,242.91
Total $3,580,419.55
HARRY BOULTON, President
C. M. HANSEN, Vice-President H. B. SWOOPE, Vice-President
W. B. ATHEY, Secretary O. H. IRWIN, Treasurer
In none of the models of the Single
Six Series is the commanding beauty
of this Packard more outstand
ing than in the Sedan Limousine.
'Tie Packard Single-Six is deliberv
ately designed and built to prove
a far better and a more saving
investment, in the long run, than
if its first cost were $1000 less.
PINEHURST GARAGE
Moore County Distributors
PACKARD
Have you tried
the Burke "30"?
T)ROVE for yourself that 'the cjual
ity of this ball, its endurance, and
its perfect behavior on fairway and
green is just what you have been
looking for.
Give the Burke "30" a fair test and
we know you will eliminate unneces
sary strokes from your score.
On sale where sporting goods are sold
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