WILLIAMS131TRO CITY FIRt INS. CO.                          87t
UNDERWRITINO AND INVESTMENT EXHIBIT-Continued.
INVESTMENT EXHIBIT.               I              I
Interest and Rents.
Interest, (lividenhls and rents received               I
diring the ye . .................................. I..............
Deduct interest, dividends aindl ientsj                I              I
accrued Dec. 31, end of thle   eI  rj,19,8772 ..............21 .     .............
Balance .........................        133,71.1 051 ..   .   I............
Add initerest, divi(lends md rents a(-1                I
crued  Dec.  31, end  of  the  year ......0   58    981..............  I..............
1 --    ----I              I
Total ........................... .I..      .       $154, 2°5   ........-.--
*                    I             ~       ~      ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~I
 I
PROFIT ON INVESTMENTS                I                             |
(lain from  sale of ledger assets ...... 1   $22,237 191 ............................
Gain from    change in difference    heI               I
tween book arid market value dur-I                   I              I
iug the year .......... I                   82, 653 5!............--...........
-   I           ~~~~   ~    ~   ~~~~---I  I
Profit oIi investmnents dur-ing the year.l         ..............  , 104,90
771 ..
Investument incoiiie earned (luring thel 1                           1
yea r.      .      .      ...$5188......................   10I. . .  I  $259.,
1 85)
LOSS ON INVESTMENTS.               1 I
Loss from   sale of ledger assets ......I  $1.09,955  31............................
Loss from   decrease in book value ofl                 I              I
ledger assets ...........            1          90 001 ...           1
Loss on investments during the year! .............. 1     $110,045 731.
INVESTMENT EXPENSES.               I
Investment expenses paid during thel                  !
year ......,.                                        I     8,605 )401.
In'vestment losses and expenses duringl                1              1
the year.                                                           1I 18.651
13
I              I              I  _ _ _  _
Grain  from   investments   during   thel              I              I
y ear ..     .... - -.                                                  
405367
MISCELLANEOUS        EXHIBIT.      !              1   Gain in    !   T,05s
in
*    I             ~~~~I Sulrpluls.  I  Sulrpluls.
D1,1i0ands  deelared   to  stockholders!               I              I
-during the Year .      ................  .   .      .             1, $370,000
0(
Inorease from otlier soiurc(es: Adjust-!
enat of capital on account of mer-1
ge  r ........................ ......... I.............. 1  $50,000   001
..............
I              1  I1
Net loss from above ..................                1      1.....     
$320,000 00
I         I~~~~~~~~~~_______   _- -  _I_______________  _-
Total rains aiid losses in surpluss , dur-1           T               I
inrr the y ena ...................$.19 .0. . . .     1   ;10.534 671   $427.926
30
8uirpilus Te). ?1. 111 ..                  $q021.7Wr !..       .     .  
            .
Surplus Dec. 31, 1912 .................!I    666.393 7?1 ..........I... I...
Decrease in suirlpluis during the year. .............. 1  237.401 61!
Totals .......................... I.............. 1  $427,936 301  $427,926
30
eor epnt of losvss ineourred to Prrem-lurs Pea'ed. 56,18R4.
Por eenf of iinderwritin- expenses incurred tO areninuns earned. 4555.r
Por cent of investment expenses incurred to interest afl1 roets -arne(l.
05,.=
Per eent of tot1l 1osses and expenses incurred and dividends dleelareol to
total
Income earned, 111.75).