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I hereon.



Marine GrorsH

ana inland premiums
risks. thereon.



Gross risks written | $15,833,0051

Less $4,010,335 risks cancelled,!

and $2,926,974 reinsurance in

companies authorized In Wis

consin



Net risks written



5,014.188



$212,9021 $3,728,2301 $19,775,097



70,036[



1,253,085



$10.219.717

Gross premium^ on lisks wrlt-l I

ten I $183,102 41f

Less $33,449.45 return pre*! |

mlums; and $34,155.39 pre] |

mlnms for reinsurance Inj |

companies authorized inf I

Wisconsin | .'59. 328 54!

Net premiums received ..| $123,973 87|



$142,926 1 $2.475.146



1
$4,009 56| $26,691 44



1,2."»2 25



1=



$2,757 31



7,224 05



6,937.300



$12,837,788



ril3.803 41



67.604 H4



$19,467 391 $146,198 67



Losses paid (deducting sal-l |

rage) $60,507 23|.

Less losses on risks reinsured! |

in companies authorized in I ]

Wisconsin | 9,921 00.



.1 $5,897 261 $66,404 48



Net losses paid



109 551 10,030 65



$50,586 231.



rl-



=1 =



$5,787 70



$56,373 93



Losses incurred ! $62,468 051 .1 $6,635 971 $69,104 02

Less losses on risks reinsured! I l [

in companies authorized in)



Wisconsin I 18,742 60



Net losses incurred I $43,725 36



86 95



18.829 64



$6,549 021 $50,274 38

!



Digitized by



GoogI(



AMfeRlCAN INS. CO. 289

UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT. | | '

! I I

Premiums. . | I |

Total premiums .'| $4,210,347 7S! |.

Deduct unpaid return and relnsur-l | |

ance premiums Doc. 81, end of the' I I

year | 24.188 24| I.

I



.1-



Balance I |4, 186,159 51|..... I.

Add unearned premiums Dec. 31,' I I

of previous year | 4,780,327 231 1.

Ir



Totol I $8,966,486 741.



Deduct unearned premiums Dec. 31,1 I I
end of the year I 4,936,969 12^..: I

« . ' 1 '

Premiums earned durlngr the year ..! I $4,029,517 621

I I I

I '

UNDERWRITING PROFIT AND ( I I

LOSS ITEMS. t f I

I I I

Gain from agents* balances previously! | |

cbarffed off I $458 591 1

lionn from agents' balances charged! I

off 1 1,130 60' : I

Loss from above | $672 01! f

Afrents' bnlnnoes and bills I | f

receivable not admitted I II

Dec. 81. 1912 $46,022 381 ^ I

AirentK* balances and bills | | I

receivable not admitted I I )

Dec. 31. end of the year 46.344 461 .f I

1 I I

Loss from above I 322 08! f ;.

I ] \

Loss from underwriting profit and! j *

loss items I t 994 091

I I 1

Underwriting income earned during! I j

the year ! I I $4,028,523 53

I - I

I ! I

LOSSES. I I I

IjOfv^es paid ! $2,137,302 941.,., t

Deduct unpaid losses Dec. 31 of pre- 1 I '

vious year I 394,449 291 '

I 1 '

Balance I $1,742,853 65| I

Add unpaid losses Dec. 31. end of the! I I

year I 280. 512 70| I

I 1 I

Losses Incurred during the year ...I ! $2,023,366 351

I ' I

! • '

UNDERWRITING EXPENSES. ! I »

! I '

Underwriting expenses paid during! ! I

the year ' $1,811,261 68t '

Deduct underwriting expenses unpaidi I I

Dec. Si of previous year ' 186. 1S4 531 '

I 1 I

Balance ' $1,625,077 15' I

Add underwrlthior expenses unpaidi I I
Dec. 31, end of the year ' 140.259 861 '



Underwriting expenses incurred dur-l ' ^

. ing the year ' ' 1 .765.337 Oil

.1 I . )

Underwriting losses and expenses l ' I 3.788.703 36

Gain from underwriting during the' I t

year , ! ' I $«89.8«o n



J9— Ins.— I ^g.^.^^^ ^y Google



290



AMERICAN INS. CO.



UNDERWRITING AND INVESTMENT EXHIBIT-Contlnued.



INVESTMENT EXHIBIT.
Interest and Rents.



I



Interest, diTidends and rents received! (

during the year ' $421,603 481 .

Deduct Interest, dividends and rentsl |
due and accrued Dec. 31, end of|

the year | 84.925 22|.



261



Balance •..! |336,678

Add interest, dividends and rental
due and accrued Dec. 31, end of|
the year | 86.341 82]



Total



h



PROFIT ON INVESTMENTS.
Gain from sale of ledger assets . . .



Investment Income earned during the
year



LOSS ON INVESTMENTS.



I



lioss from sale of ledger ansets . .

Loss from decrease in book value of
ledger aasers

Loss from change In difference be-
tween book and market value dur
Ing the year



$13,788 38

31,104 50

i

201,406 24



I
$423,020 081.

I
I



3.139 00



I



Coss on investments during the year

I

INVESTMENT EXPENSES. I

Investment expenses paid during the|
year I.



Investment losses and expenses dur-|
Ing the year I .



$426,159 17



I
$246,389 121.



I
21.180 451.



268.169 57



Gain from Investments during
year



thel






MISCELLANEOUS EXHIBIT.



Dividends declared to stockholders!

during the year I

Dividends declared to policyholders'

during the year I



Gain in
Surplus.



$167,989 60



Net loss from above



.|.



Total gains and losses in surplus dur-| '

Ing the year I

Surplus Dec. 31. 1912 | $3.1.^').102 521.

Surplus Dec. 31. 1913 1 3.252.850 291 .

I 1



$897,809 77



Loss in
Surplus.

$280,000 00

53.000



$980,068 00



.1.



$280,068 00



.1.



I



Increase in surplus during the year..| ' I 117,766 77

Totals r I I $397,809 771 $897,809 77

III.



Per cent of losses incurred to premiums earned 50.20.
Per cent of underwriting expenses incurred to premiums earned 48.80.
Per cent of investment expenses incurred to interest and rents earned 05.15.
Per cent of total loB'«og and expenses Japurred find dividends floclAMfl %q
tf^tol li^copo ^raed 91,34,



Digitized by



GoogI(



ASSURANCE CO. OF AMERICA, 291



A88UBAN0E COMPANY OF AHEBICA,

New York City.

[Incorporated February 25, 1807. Commeuced business April 1, 1897.]

Home office, SO MAIDEN LANE.

Date of admission iuto AVisconHln. August 12. 1913.

President. R. BLEECKEK RATHBONE. Vice President. ALBERT R. LEDOUX.
Secretary, CHARLES S. CONKLIN.

CAPITAL STOCK.
Amount of capital paid up in cash $200,000 €0



Amount of ledger assets December 31 of previous year |543,407 76

INCOME.

Marine
Fire. and Inland.

Gross premiums $241,862 89 $103,912 32

Deduct reinsurance premiums, fire,
$35,713.76; marine and inland, $41.-
264 <H; return premiums, flre. $41,-
380.20; marine and inland, $18,297.81. . 77.093 96 50.561 85



Total premiums (other than per-
petual) $164,76893 $44,350 47

Gross interest on bonds and dividends on stocks,
less $574.08 accrued interest on bonds acquired
during the year $16,406 05

Gross interest on deposits in trust companies and
banks 1,885 43



$200,119 40



Total gross interest and rents 17, 791 48

Total income $226,910 88



Total footings 9770,378 64

DISBURSEMENTS.

Marine
Fire. and inland.
Gross amount paid policyholders for
losses (including $10,60.7 occurring in

previous years) $92,823 83 $18,975 59

Deduct amount received for salvage,
' fire. $1,287.51; marine and inland, $5.-
260; reinsurance, flre, $14,468.19;
marine and inland. $9,385.21 15.735 70 14.635 21



Net amount paid policyholders
. tor loBses ,. t $T7.069 13 $4,340 38



f8l,408 51

Digitized by LjOOQK



292 ASSURANCE CO. OF AMERICA.

Expenses of adjustment and settlement of losses 097 00

Commissions or brolcerage 40,482 47

Salaries, fees, and all other charges of officers, directors, trus-
tees and home office employes 7,734 48

Rents 720 OO

Advertising, $175.79 ; printing and stationery, $973.61 749 40

Postage, telegrams, telephone and express 315 49

Legal expenses 474 31

Maps, including corrections 267 35

Underwriters* boards and tariff associations 7. 1, 139 75

Fire department, fire patrol and salvage corps assessments, fees,

taxes and expenses 1, 697 09

Inspections and surveys 226 23

State taxes on premiums 2,202 69

Insurance department licenses and fees 420 75

All other licenses, fees and taxes:

Federal corporation tax $370 63

Municipal licenses ^ . . . 200 00

570 63
Other disbursements:

Bxchange on out of town ebcclcs $43 20

Auditing 150 00

Rent safe deposit; box 25 00

Sundries 163 02

381 22

Paid stockholders for interest or dividends 10,000 00

Gross loss on sale or maturity of ledger assets : Bonds 12,002 34

Total disbursements $170,789 71

Balance $599,588 93



LBDaEA ASSETS.

Book value of bonds $495,687 29

Deposits in trust companies and banks on interest.. 87,634 41
Agents' balances representing business written sub-
sequent to October 1, 1913 16,267 23

Total ledger assets $599,588 93

NON-LEDGER ASSETS.

Interest accrued on bonds 4.743 06

Gross assets $604,331 99

DEDUCT ASSETS NOT ADMITTED.

Book value of ledger assets orer market ralue 51,512 29

Total admitted assets $552,819 70



LIABILITIES.

Gross claims for losses in process of adjustment or
in suspense, plus $2,029.00; reserve for losses in-
incurred prior to December 31 of which no notice
bad been received on that date $29,832 00

Gros claims for losses resisted 4,388 00

Total $34,220 00

Deduct reinsurance due or accrued 9, 500 00

Net amount of unpaid losses and claims $24,720 00

Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks, $196,021.43;
unearned premiums $105,320 91

Gross premiums (less reiuRurance) (cash and bills)
received and receivable upon all unexpired inland
navigation risks, $42,812.44; unearned premiums ^

(fifty percent) 21,406 22

Total unearned premiums as computed above 126,737 13

Digitized by LjOOQIC



ASSttttAiJCE CO. OP AMERICA.



293



Estimated amount hereafter payable for federal, state and bther

taxes based upon business of the year of this statement 6,000 00

Commissions, contingent or other charges due or accrued 2,468 27



Toul amount of all liabilities except capital $159,915 40

Capital actually paid up in cash $200,000 00

Surplus oTer all liabilities 192,904 30

Surplus as regards policyholders 392, 9(M 30

Total liabilities .' $552,819 70



RISKS AND PREMIUMS.





1 Gross 1 Marine { Gross
Fire risks. premiums and inland premiums
^ thereon. risks. ihereon.


In force on the 31st day
of December, 1912....


$23,741,880! $196,139 03
33,446,837 241.862 89






Written and renewed
during the year ....


$3,990,035


$108,912 32


Total


$57,188,717 $440,001 92
28.290.491 204,773 64|


$3,930,035
1,317,688


$108,912 32


Deduct those expired
and marked off as
terminated


25.964 44


In force at the end

of the year

Deduct amount rein-
sured


$28,889,226 $235,228 28
4.368,104 39,206 85


$2,672,347
1,172.658


$77,947 88
35,135 44



-I-



-I-



Net amount in forcel $24.521. 122| $196,021431 $1,499.6891 $42.812 44



RECAPITULATION OF FIRE RISKS AND PREMIUMS.



Year
written.


I

Term. ' Amount
coveren .


Gross
premiums
cbanred.
less re-
in su ranee.


n 2

It


Amount of
premium
unearned.


1913

1911

1912

1913

1910

1911

1912


One year or less...

Three years

Three years

Three years

FiTe years

Five years

Five years


$19,700,803

545,720

1,356,560

2,487.326

6,750

30,245

236.083

157,635


$143,626 31

6.949 28

14,618 44

I 24,971 52

158 11

878 12

2,967 31

1.852 34


1-2
l-«
1-2

:^-6

3-10
1-2
7-10
9-10


$71,813 16

1.158 21

7.309 22

20,809 60

47 43

439 06

2,077 12


1913


Five years

Totals


1.667 11


$24,521,122


$196,021 43




$105,320 91



BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.

Gross risks written $202,550 00

Less risks cancelled 10,000 00



Net risks written $192,550 00



Gross premiums on risks written
Less return premiums



$1,221 62
93 68



Net premiums received



$1,127 94



Digitized by



GoogI(



^94



ASSURANCE do. OF AMfiRtCA.



UNDERWRITING AND INVESTMENT EXUIBIT.



UNDERWRITING EXHIBIT.
Premiums.



Total premiums

Add unearned premiums Dec.
of previous year



31,



Total

Deduct unearned premiums Dec.
end of tbe year



31.



$200,119 40|.
93,595 741.



$302,715 141.

I

126.727 131.



Premiums earned during the year
LOSSES.



I



Losses paid I

Deduct unpaid losses Dec. 31 of pre-1
vlous year j

Balance * I

Add unpaid losses Dec. 31, end of thej
year



$S1.408 51
11,947 00



Losses incurred during the year



I-



$69,861 51
24.720 001



UNDERWRITING EXPENSES.

Underwriting expenses paid during
the year

Deduct underwriting expenses unpaid
Dec. 31 of previous year



Balance

Add underwriting expenses unpaid
Dec. 31, end of the year



Underwriting expenses incurred dur-
ing the year :



$66,778 681.
I
4.997 84|.



$61,780 741.
8,468 27'.



Underwriting losses and expenses.

Gain from underwriting during thej
year



INVESTMENT EXHIBIT.
Interest and Rents.

Interest, dividends and rents received
during the year

Deduct interest, dividends and rcnt»
due and accrued Dec. 31, end of
the year






$17,791 48'.

I



3,830 001.



Balance I

Add interest, dividends and rents!
due and accrued Dec. 31, end of I
the year



Total



I-



$13,961 48
4,743 06



-I



PROFIT ON INVESTMENTS.

Gain from change in difference be-
tween book and market value dur-
ing the year



Investment income earned during the
year




$175.!



$91,581 511.

I
I



I
70,249 Olj.



01



164.830 52



$11,167 4»



4.



I
$18,704 541.

I
I



8.778 25!



-1
I
.1 $27,482 7»



Digitized by



GoogI(



ASSURANCE CO. OP AMERICA.



295



UNDERWRITING AND INVESTMENT EXHIBIT -Continued.



LOSS ON INVESTMENTS. {

Loss from sale of ledger assets

INVESTMENT EXPENSES.

Investment expenses paid during the
year



Investment losses and expenses dur-|
ing the year



Gain from investments during the
year



MISCELLANEOUS EXHIBIT.



Dividends declared to stoclcholderRi
during the year I



Increase in surplus during the ^ear
Totals




Total gains and losses in surplus dur-j '

ing the year I $96,087 66|

Surplus Dec. 31, 1912 $176,866 641.

Surplus Dec. 31. 1913 1 192,904.30!.



$26,087 66



Per cent of losses incurred to premiums enrned 53.74.
Per cent of underwriting expenses incurred to premiums earned 39.92.
Per cent of investment expenses incurred to interest and routs earned 3.21.
Per cent of total losses and expenses incurred and dividends declared to
total income earned 92.11.



Digitized by



GoogI(



296 AtrroMOBii^ ms. co.



AUTOMOBILE IN8URAN0E OOMPANT,

Hartford, Conn.

[Incorporated June 18, 1907. Commenced business April. 1913.]

Home office. 650 MAIN STRBBT.

Date of admission into Wisconsin, July 17. 1918.

President. M. O. BULKBLBT. Vice President, M. B. BRAINARD.

SecreUry, J. 8COFIBLD ROWB.

CAPITAL STOCK.
Amount of capital paid up in cash $900,000 00



Amount of ledger assets December 31 of previous year $300,000 00

INCOMB.

Marine
Fire. and inland.

Gross premiums $2.012 14 $123.870 09

Deduct reinsurance premiums, fire,
$2.44; marine and inland. $9,181.60;
return premiums, fire, $13.50; marine
and inland. $9,851.91 15 94 18.983 41



Total premiums (other tban per-
petual) $1,996 20 $104,887 08

Gross interest on bonds and dividends on stoclcs.
less $1,071.00 accrued interest on bonds acquired
during the year $7,679 00

Gross interest on deposits in trust companies and
banks 1 .031 96



$106,888 28



Totul gross interest and rents 8,710 96

From other sources : Surplus paid in 300.000 00

Total Income $415,594 21



Total footings $719,594 24

DISBURSEMENTS.

Marine
and inland.

Gross amount paid policyholders for losses $3,781 62

Deduct amount received for salvage, marine and in-
land , 115 00



Net amount paid policyholders for losses $3,666 62

Expensefl of adjustment and settlement of losses 80 13

Commissions and brokerage less $2,558.37 reinsurance commissions 8.B42 48

Salaries 389 40

Salaries, fees, and all other charges of officers, directors, trus-
tees and I'ome office employes 1,205 91

Rents 120 00

Advertls'p'- J*^11.75 ; printing and stationery, $6,459.83 6,771 58

Postage, teloprams, telephone and express 252 47

Legal expeu es 1,750 00

Furniture and fixtures ,, 191 52



Digitized by



GoogI(



AUTOMOBILE INS. CO. 297

Inspections and surreys 11 57

State taxes on premiums 2 43

Insurance department licenses and fees 1,585 55

Other disbursements : Sundry expense 13 31

Total dUbursements $24,893 8T

Balance $690.700 87



LBDGBR ASSETS.

Book value of bonds $529,925 00

Cash in company's oflflce $48 07

DeponftR in trust companies and banks
on Interest 105.594 88

105,042 95
Agents* balances representing business written sub-

seonent to October 1, 1913 58,249 20

Agents' balances representing business written prior

to October 1. 1913 1,883 72

Total ledger assets $000,700 87

NON-LBDOBR ASSETS.

Interest accrued on bonds $4,590 00

Bank balances 600 57

Total TTTrrTrTTTTrrr 5,00057

Market value of bonds and stocks over book value 75 00

Gross assets $805,806 44



DEDUCT ASSETS NOT ADMITTED.

Agents* balances, representing business written prior to October
1. 1913 1,883 72



Total admitted assets $093,982 72



LIABILITIES.

Gross claims for losses in process of adjustment or in suspense,
plus $4.82; reserve for losses incurred , prior to December 31 of
which no notice had been received on that date ^ $2,025 32

Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks, $1,941.02;
unearned premiums $1, 186 28

Gross premiums Qcbb reinsurance) (cash and bills)
received and receivable upon all unexpired inland
navigation risks, $8,711.69; unearned premiums
(fifty per cent) 44,35584

Total unearned premiums as computed above 45,542 12

Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued 629 64
Estimated amount hereafter payable for federal, sta^e and other

taxes based upon business of the year of this statement 1,336 07

Commissions, contingent or other charges due or accrued 13.312 30

Reinsurance and return premiums due other companies 8.125 00



Total amount of all liabilities except capital $70,070 45

Capital actually paid up in cash $300. ooo 00

Surplus over all liabilities 323.012 27



Surplus as" regards policyholders 023,012 27



Total llpblHtlea , , , ,..,.. $603,982



Digitized by



GoogI(



298



AUTOMOBILE INS. CO.



RISKS AND PREMIUMa



Fire risks.



Gross Marine Gro5s

premiums and inland premiums
thereon. lislcs. thereon.



Written or renewed!
duringr the year ....I

Dedtict those expired)
and marked off as)
terminated I



In force at the end)

of the year [

Deduct amount rein-j
sured



Net amount In force |



$205,685
11.2801



$264.4051



$2,012 14 $3,535,932



71 I2I



-1-



309,776



$123,870 49
13,620 14



$284,405 $1,911021 $3,136,156' $108,250 35

100,0001 19.538 66



-I-



$1,941 02] $3,036,1661 $86,711 69



RECAPITULATION OF FIRE RISKS AND PREMIUMS.



Year
written.



Term.



Amount
covered.



(i ross
pi-eniinms

chftrjreo.

les.s re-
insurance.



II

^1



Amount of
prt^miuni
uneai ned.



1913 j One year or less.

1913 1 Two years

1913 1 Three years



Totals



$206 335|
38.0001
40.0701



$1,228 31 1-2
261 50 3-4
451 211 5-6



$284,4051



$1,941 02\



$614 15
196 12
376 01



$1,186 28



BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.

Marine
and Inland.
Gross risks written $13,850

Gross premiums on risks written $288 75

Losses paid (deducting salvage) $1 14

Losses Incurred $20 81



I NDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



Total premiums

Deduct unpaid return and reinsur-
ance premiums Dec. 31, end of the
year

Balance I

Deduct unearned premiums Dec. 31,1
end of the year I



I

$106,883 281.

I

I

8.125 001.

1

$98,758 28'.

45.542 12|.



Premiums .earned during the year ..( | $53,216 161...

uiyitized by



Google



AUTOMOBILE INS. CO.



299



UNDERWRITING AND INVESTMENT EXHIBIT— Continued.



UNDERWRITING PROFIT AND
LOSS ITEMS.

Agents' balances and bills receivable)
not admitted Dec. 31, end of tbe|
y?ar



Underwriting income earned dnrii^gj
the year



LOSSES.

Losses paid I

Add nnpaid losses Dec. 31, end of the)
year




Losses incurred during 1913

UNDERWRITING EXPENSES.

Underwriting expenses paid during
the year

Add underwriting expenses unpaid
Dec. 31, end of the year



Underwriting expenses incurred dur-
ing the year 1



$3,6M02



2,025 321 |.



I



$21,220 75
15,278 01



I
15,601 9i<.



36,504 76



Underwriti;^g losses and expenses .

Gain from underwriting duriug the
year



INVESTMENT EXHIBlt.



I
I

Interest und Rents. I

Interest, dividends and rents recelvedl

during the year I

Add interest, dividends and rents!
due and accrued Dec. 31. end of thej
year I



Total

PROFIT ON INVESTMENTS.



$8,710 06|
5.090 571



I



I
$13,801 SSI.

i
I



Gain from change In difference be-|
tween book and market value' dur-|
lug the year ! .



75 001.



Investment income earned during thej
year I



INVESTMENT EXPENSES. J

Investnient expenses paid during the!
year ...'. '.



Gain from investments during thei
year '•



42,196 70



».1S5 74



$13,876 63



662 40



—1=



MISCELLANEOUS EXHIBIT.
Increase to surplus account



I $13,876 6S

Gain in | Loss in
Surplus. I Surplus.
$300,000 00]



-I-



Total gains and losses in surplus dur-l ' I

ing the year I I .$823,018 «7|

Surplus Dec. 31. 1913 1 |..* | $8t8.01g t7

Totals ! I iiiToiS^I $S«8.012 tl



Per cent of losses incurred to premiums earned 10.70.
Per cent of underwriting expenses incurred to premiums earned 67.35.
Per cent of investment expenses Incurred to interest and rents earned 4.80.
Per cent of total losses and expenses Incurred and dividends declared to
total income earned 64.71. T I (>

uiyiLizeu uy "v_j ^^^ v_/pt IV^



300 BOSTON INS. CO.



BOSTON IN8UBANCE COMPANY,

Boston, Mass.

[Incorporated December 23, 1873. Commenced business January 20, 1874.]

Home office. 137 MILK ST.

Date of admission into Wisconsin, September, 1806.

President, RANSOM B. PULLER. Vice President. HERBERT PULLER.

Secretary, FREEMAN NICKERSON.

CAPITAL STOCK.
Amount of capital paid up In cash 11,000,000 00



Amount of ledger assets December 31 of previous year $6,409,195 47

INCOME.

, Marine

Fire. and inland.

(Jross premiums $2,750,483 05 $2,168,744 60

Deduct reinsurance premiums, Are,
$486,400.05; marine and Inland, $251,-
406.62; return premiums, fire, $508,-
641.06; marine and inland, $350,050.79 1,095.(H2 00 602,056 31



Total premiums (otWr than

perpetual) $1,661,441 05 $1,566,688 38

$3,228,129 43

Gross interest on mortgage loans $28,274 66

Gross interest on collateral loans 1,408 17

Gross interest on bonds and dividends on stocks,
less $1,192^^7 accrued interest on bonds acquired

during the year 203,660 86

Gross interest on deposits in trust companies and

banks 7,207 72

Gross interest from all other sources:
Premium notes and notes receivable, $1,113.80; re-
insurance bureau, $60.31) 1 , 174 19

Prepayment subscriptions, 150 shares Edison Elec.
Tel. Co., $533.91 ; 500 shares Boston Elevated Co.,

$302.10 836 01

Gross rents from company's property 1,933 34

Total gross interest and rents 239, 674 95

Prom other sources:

Profit home office agency $3,070 21

Dividend No. 15. $2.00 per share Natl. Bank Re-
public, in liquidation 300 00

Dividend No. 9, $3.00 per share Continental Bank,
In liquidation 600 00



3,070 21

Prom* agents' balances pi-eviously charged off 452 C6

Gross increase, by adjustment, in book value of ledger assets:
Stocks 102,107 65



Total income $3,574,424 90



Total footings $10,073,620 37

Digitized by LjOOQK



BOSTON ms. CO. 301



DISBUBSBMBNTS.

Marine
Fire. and inland.
Gross amount paid policyholders for

losses (including $371,^8.96 occurrlnfr

in previous years) $1,1S1,115 13 |1,1O3,085 40

Deduct amount received for salvase,

flre, $9,490.44; marine and inland,

$71,508.46; reinsurance, fire, S322.-

529.45; marine and inland. $144,691.38;

discount, fire, $510^71 ; marine and in-
land, $761.28 332.536 60 216,006 12

Net amount paid policyholders

for losses $848.578 53 $936,779 28

$1,785,657 81

Bxpense of adjustment and settlement of losses 34.390 22

Commissions or brokerage 721.150 72

Allowances to local agencies for miscellaneous agency expenses.. 23.084 71
Salaries. $31,678.72, and expenses, $13,332.72, of special and gen-
eral agents 45,011 44

Salaries, fees, and all other charges of ofiBcers, directors, trus-
tees and home office employes 208.058 27

Rents 21.38800

Advertising. $5,448.87; printing and stationery. $22,5188.20 27.987 07

Postage, telegrams, telephone and express 16. 217 19



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