330                CENTRAL NATIONAL FIRE INS. CO.
IUNDERWItITING AND INVESTMENT EXHIBIT-Continued.
_____________________                                 ____  _~
UNDERWRITING EXPENSES.           I                          I
Underwriting expenses paid during                 Ii
tile year ......I _$27,564 781 .............................
D)educt underwriting expenses unpaidl
December 31 of preNious year .....      7,113 181 ...........  I
Balance ........................  $268,451 601    ........
Add underwriting    expenses unpaidl                           I
D)ecember 31, end of the year ......  ..............5000 001........
IJnderwriting expenses incurred dur-I                          |
ing tile year. ........................             273,451 601 ...............
Underwriting losses and expenses ................................ 1 608,514
13
Loss from   underwriting during thel                           I
yea r  ..                          ..............  ...........I.. $173,01X
 49
INVESTMENT EXHIBIT.                         |
Interest and Rents.         II                         I
I             I            I
Iiterest, dividends and rents receivedl
during the year .............. 1   I.... $27,529 381 ..........
I)educt interest, dividends and rentsl            I
accrued Decemuber 31, end of thel               |             I
year .-.--------------1.............I   10,443 351 .......     1
Balance .....          .           $17,086 31......... I
Add interest. dividends and rents ac-I
crued December 31, end of the yearl    10,616 441 .
Interest and rents earned during the!                 $
year  .. . . . . . . . . . . . . . .  .............. --*  ---  --**  *---
 -*-  $27, 702  471. . . . . .. .
*  ,  1           ~      ~~1    I
PROFIT ON INVESTMENTS.           1                          I
i        ~      ~      ~~~~~~I  I
Gain from sale of ledger assets        .    .            900 401.
Investment income earned during thel
year.                            .....                       1 .$28,602 87
LOSS ON INVESTMENTS.           1
Loss from sale of ledger assets ......     $165 601 ......      I
Loss from   change in difference be-I
tween book and market value, dur-l              I            I
ing the year ..........      .          2,616 4O. ........
Loss on investments during the yearl ...........  I |  $2,782 00!..............
I            I
INVESTMENT EXPENSES.            I
Investment expenses    incurred  andl                          1
paid during the year ........... ........|...           755 571..............
Investment losses and expenses dur-!                           I
ing the year          ..I............. ....- 3,537 57
Gain from investments during thei.
year ........................ ..............                      $25,065
30