NEWARK FIRE INS. CO.


677


UNDERWRITING AND INVESTMENT EXHIBIT-Continued.
Add   underwriting   expenses unpaid!                I
Dec. 31, end of the year .                16,521 091 ..............
Underwriting expenses incurred dur-                   1
the year ............................ .............. 1  344,341 65 .
Underwriting losses and expenses ................     ..............    
684,926 47
Loss from   underwriting during thel                 I
year .                                               - 1.....$117,701 73
I ~   ~~                   ==-
INVESTMENT       EXHIBIT.        I
Interest and Rents.           I
Interest, dividends and rents received|
during the year .................... 1   $67,414 981 .............. . .............
Deduct interest, dividends and rentsl
accrued Dec. 31, end of the year ....l    12,653 611. ..  ....... ..............
-I       II
Balance ..I.....                      $54,761 371.      ..............
Add interest, dividends and rents ac-I               I
crued Dec. 31, end of the year ......     17,196 181 .............. .........
Total .                            '...... $71,957 55
I             l
PROFIT ON INVESTMENTS.              I
I          i              I
Gain from    change in difference be-I               I
tween book and market value dur-                    I
ing the year ...................     1    $1,715 00! ........      I...............
Gain from   other investments:     Sur-!             I
plus paid in by stockholders on in-I               I              I
creased capital .............    .   1   255,937 00. .
I1                            I
Profit on investments during the year.                    257,652 001.
I.I
Investment income earned during thel
year  ............................... . ............................. l 
$329,609  55




LOSS ON INVESTMENTS.         I            l           1
Loss from  change in difference he-I
tween hook and market value dur-l
ing the year:                 I
Bonds. 1912, $6,046.90; plus 1911,1          I
$343.10.1                          S6,390 001. ............. I
Real estate ....................  1  19,285 321 .
Loss on investments during the year. I.           $ $25,675 321
1            1           1
INVESTMENT EXPENSES.          I           I
1            1 *
Investment expenses paid during thel -        1
year .                          I            I     8,929 191 ..............
I            II
Investment losses and expenses dur-!          I            I
ing the year .............. I..........    . ... .............. 1 34.604
51
1                                   - -.I
Gain from  investments during thel            I
year ..                                           -      1 $295.005 04