NORTHWESTERN NATIONAL INS. CO.
UNDERWRITING AND INVESTMENT EXHIBIT-Continiled.


231




INVESTMENT EXHIBIT.
Interest antl rents.       I.
Interest, dividends and rents re-
ceived during the year .......
Deduct interest, dividends and
rents accrued. Dec. 31, 1911
Balance   ..................
Add interest, dividends and rents
accrued Dec. 31, 1912 .........
Interest and rents earned during
1912 ...                     .
LOSS ON    INVESTMENTS.
Loss from sale of ledger assets
Loss from change in difference,
between book and market value
during   1912  ...................
Loss on investments during 1912
INVESTMENT EXPENSES.
Investment expenses paid during
1912  ...........................
Deduct investment expenses un-
paid Dec. 31;- 1911 ............
Balance .................
Add investment expenses unpaid
Dec. 31, 1912 .............,
Investment    expenses    incurred
during 1912 ....................
Investment losses and expenses
during 1912 ....................
Gain from investments during 1912
MISCELLANEOUS        EXHIBIT.
Dividends declared to stockhold-
ers during 1912 ................
Net loss from above..............
Total gains and losses in surplus
during 1912 ........     .
Surplus Dec. 31, 1911 ...........
Surplus Dec. 31, 1912 ............
Increase in surplus during 1912..
Totals  ...................


$251,221 62
26,713 20
$224,508 42
30,474 29


..............
I             i
..............
..............


..............
* . . . . . . . . . . . . .
$20-4,982 71


............. I . ...


$3,009 59'........i.


66,667 26
I..............i
$15,342 83
3,899 33
$11,443 50
4,122 65
..............
*  19@~~~~~~~~~~~~~~~~~~


$69,676         ..............
1$6,9,676 8, :..............


............... ..............
..............  ..............


15,566 15 ..............
I


.,I
..............
I
1 ,634,164 10
..............


..............
Gain in
Surplus.
*..............
..............
; $281,655 52
....... ........
* . .. ... ..


85,243 00
$169,739 71
Loss In
Surplus
$150,000 t0o
$150,000 00
$150,000 00,
131,655 52
$281,655 52


I