NEW IHAMPSI[lIRE FlIRE INS. CO.


689


UNDERWRITING        AND    INVESTMENT EXHIBI3T--Continued..
UNDERWRITING PROFIT AND              I
LOSS ITEMS.                I                            I
Gaiii from agents' balances p)reviouslyl '
cbarged off .I .      ..$73 00 ..---....... I
Loss from agents' balances clearged off!      2,593) 591 ......       I.............
I-               I             I
Loss from above ..............                   I          2,466 59!....
Underwriting   income earned    during!l
the year 1912 ............ |.                             |         $2,209,
0'34 73
LOSSES.
Losses paid ......       ...           1$1,231,626 561 ............. I.-
       .
Deduct unpaid losses Dec. 31 of pre-l                 I             I
vious year .........................      176,334 15.                 .............
Balance ......                   1     ,$1, 055,292 411 ...........  I..............
Add unpaid losses Dec. 31, end of thel                I             I
year ..       .       .          .        2110,956 93! ............. .  
  .
Losses incurred during the year    .....................9          4........l
.$1,266.94!..
UNDERWRITING EXPENSES.              I              I
Underwriting   expenses paid    during!               I
the year .....                       I   $910,840 831 ........   . I    
.
Deduct underwriting expenses unpaidl                  I             I
Dec. 31 of previous year ............ 1   90.000 00!-..............-............-
I      .                     I
Balance ..            ....       I   $820,840 831 .......   .. I.
Add   underwriting   expenses   unpaid!               I             I
Dec. 31, end of the year ..............    95,000 001 .......        1  
.
Underwriting expenses incurred dur-!l
ing the year ........................   ........    I 1  915,840 831 .
Unlderwriting losses and expenses ...................   .............. I2,182,090
17
Gain from   underwriting   during   thel              I
year 1912 ......           .           1.1     ........ .$26.944 56
INVESTMENT EXHIBIT.              !
Premium   and Rents.          I
Interest, dividends and rents received!
during the year .........   ........... 1  $250,192 161 ........ . I    
.
Deduct interest. dividends and rentsl                              I
accrued Dec. 31. end of the year ....!    45,354 301 .......       1
I            -I              I
Balance .....                    1   $204,837 861 .........     T.
Add interest. dividends and rents ac-!
crued Dec. 31, end of the year ......  l  49,451 671 .......       1.-
I              I             I
Total ...............!.......                      $254,289 53!........
PROFITS ON INVESTMENTS.             I
Cain from sale of ledger assets .................... 1        250 00..
Investment Income earned during- thel
year 1912         .        .... I,   1 ..,.*........ ..............   $254,539
53