792                      RIODE ISLAND INS. CO.
Other disbursements:
Auditing books ...........    .........................  $150 00
Surety bonds ....                                         371 85
Commission on Investments ........      ...........      185
Rhode Island Ins. Dept. examination ...............      338 42
1,045 27
Paid stockholders for interest or dividends (amount declared dur-
ing tile year)     ..................................................  35,00
00
Total disbursements ..........      ...............................  $541,745
46
Balance ....                                           $1,304,204 36
LEDGER ASSETS.
Look   value  of bonds, ,$893,343.29,  and   stocks,
E 229,725.0 ........................................... $1,123,068 29
Deposits in trust companies and banks on interest ...    48,215 57
Agents' balances representing business written sub-
sequent to Oct. 1, 1912 ........  .....................  132,850 49
Other ledger assets: Cash deposited with Philadel-
phia Underwriters' Association .....................     100 00
Total ledger assets .$1,304.234 36
NON-LEDGER ASSETS.
Interest on bonds ..........     ........................  $10,884 34
Interest due and accrued on other assets: United
Traction and Electric Co., $625; National Exchange
Bank, $150; Union Trust Co., dividend, $300 ........   1,075 00
Total ...............................      ...........           11,959 34
Other non-ledger assets: Reinsurance due on losses paid                 
 94 64
Gross assets .    ................................................ $1,316,288
34
DEDUCT ASSETS NOT ADMITTED.
Book value of ledger assets over market value .......................  17,928
29
Total admitted assets .........     ............................... $1,298,360
05
LIABILITIES.
Gross losses adjusted and unpaid, not yet due .....    $13,398 22
Gross claims for losses in process of adjustment or in
suspense, plus $1,930.06; reserve for losses incurred
prior to Dec. 31, of which no notice had been re-
veived on that date .................................  44,221 99
Gross claim for losses resisted ........................  5,918 94
Total .3...........................................  6,539 15
Deduct reinsurance due or accrued ...................   16.788 89
Net amount of unpaid losses and claims..                      $46.760 296
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from date of policy, including interest
premiums on perpetual fire risks, $373,043.64 un-
earned premiums (fifty per cent) .................. $186,521 82
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running more
than one year from date of policy, $417,895.67; un-
earned premiums (pro rata) ........................ 234,003 37
Total unearned premiums as computed above     .     .......... 420,525 19