REPORT OF THE COMMISSIONER OF INSURANCE.


109


Ledger Assets
Cash in the hands of attorney  ......... $45,511.73
Cash in banks:
1. Commerce Trust Co., K. C .    ........ 110,541.16
2. Fidelity Trust Co., K C .    .......... 103,884.50
3. New England Natl., K. C ............ 100,481.51
4. Reserve Natl. Bank, K. C .    ........  40,972.34
5. Southwest Natl. Bank of Commerce,
K. C .........................       105,206.14
$504,597.38
Bonds ..............         .......................        256,361.75
Subscribers' debit balances ............. ...............   105,344.68
Total ledger assets ...............................  $866,303.81
Non-Ledger Assets
Accrued interest ............    .........................    3,950.85
Gross assets ..............  i  .....................  $870,712.37
Assets not Admitted
Deposit premiums 90 days or more overdue $15,018.68
Book value of bonds over market value ....     9,381.75
24,400.43
Admitted assets ...........   ...................... $846,312.94
Liabilities


Claims unadjusted and unpaid.........................
Unpaid commission to attorney........................
Reserve for annual deposit premiums amounting to
$610,101.50, less provisions for expenses of 20%, at
50%, according to section 1915m of the insurance


$3,420.49
21,160.48


laws of Wisconsin for 1913 .........................  244,040.60
Total liabilities except surplus and reserves ......  $268,621.57
Surplus and reserves belonging to subscribers .........   577,691.37
Total liabilities .................................  $846,312.94


COMMENTS ON FINANCIAL STATEMENT
The ledger assets of the exchange on December 31, 1912, were
$859,562.21. The gross deposit premiums written from the be-
ginning of the year to the time of making the statement were
$333,867.70. The return deposit premiums were $53,200.55, and
the reinsurance $3,462.56, leaving the net deposit premiums
$277;204.59. The exchange paid losses to subscribers during
the same interval of time, $95,973.49, and dividends to the a-
mount   of  $126,636.39. The  attorney's  commission  was