HARDWARE DEALERS MUTUAL FIRE INS. CO.,


1117


UNDERWRITING AND INVESTMENT EXHIBIT.
UNDERWRITING EXHIBIT.
Premiums.
Total premiums .......................         $117,414 09 ..............l....
Add unearned premiums Dec. 31, 1911.             49,495 401.... ........j...
.
Total ............................       $166,909 49 .........
Deduct unearned premiums Dec. 31,
1912 ................................          58,707 04 .......
Premiums earned during 1912 ........ ..............            $108,202 45
.


UNDERWRITING PROFIT AND I                                           l
LOSS ITEMS.                 l
Gain from    commissions   from   other
companies ..........................          $519 64 ..............
Reinsurance dividends ...............             71 17..............
Gain from   items above .......................I         590 81
Underwriting    income earned    during
1912 .                                 I                I.


.  .   ..   ..   ..   ...  .......... _..
. . ....;. .. .. .. .
$108,793 26
I.............
.. .. .. . - .
...............
*.............
I..............


LOSSES.
Losses paid ..........................
Deduct unpaid losses Dec. 31, 1911....
Balance ........................
Add unpaid losses Dec. 31, 1912.......
Losses incurred during 1911 ..........
UNDERWRITING RXPENSES.
Underwriting expenses paid during
1912 ..............................
Unpaid bills ..........        .
Underwriting expenses incurred dur-
ing 1912 ...........................
Underwriting losses and expenses....
Gain from underwriting during 1912..
INVESTMENT EXHIBIT.
Interest and Rents.
Interest, dividends and rents received
during tihe year .....................
Deduct interest, dividends and rents
accrued Dec. 31, 1911................
Balance   ........................
Add interest, dividends and rents ac-
crujed Dec. 31, 1912 ..................
Total ...........................
PROFIT ON INVESTMENTS.
Gain from sale of ledger assets .........
Investment income earned during 1912


I 3718u1


$37,186 14
5,000 00
$32,186 14
2,500 00
........ .........@


..............
..............
..............
*5I .. .. ..   .. .. .. -
$34,686 14


$11,658 22 .    .    .     ..............
323 57 .    .    .     ..............


..............
..............I
$5,374 00
3,747 05
$1,626 95
3,639 15
..............
I..............


11,981 79
*I- - - - - - - - - ---
I::-----    ---
..............
*..............
*..............
..............
$5,266 10


.......................-
46,667 93
$62,125 33
..............
..............


150 00 .............
........ .... ..   $5,416 10