HOME INS. Co.
DISBURSEMENTS.
Gross amount paid policyholders for
losses including $1,359,968.33 occur-
riing in previous years) ..... ........ $8,998,533 88  $544,018 12
Deduct amount received for salvage,
fire, $5(6,483.45; marine and inland,
$29,229.77.; reinsurance, fire, $2,353,
22(2.80; marine and inland, 223,5Wtio .8 2,409,7110 31  252,794 95
Net amount paid policyholders for
losses .$6,588,823 57                               $291,223 17
$4
Expenses of adjustmient and settlement of losses.
Commissions or brokerage ........ ;..................................
Allowances to local agencies for miscellaneous agency expenses
Salaries, $301,208.85, and expenses, $124,3,09.82, of special and geim-
eral agents .
Salaries, fees, and all other charges of officers, directors, trustees
and home office employes.
Rents..
Advertising, $93,705.52; printing and stationery, $143,455.07 .
Postage, telegrams, telephone and express .
Legal expenses .
Furniture and fixtures .
Maps, including corrections .
Underwriters' boards and tariff associations .
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses .
Inspections and surveys .
State taxes on premiums.
Insurance department licenses and fees.
All other licenses, fees and taxes: Fedeleral corporation tax .
Other disbursements:
Travelint expenses .$6, 531 75
Exchange .......15 ..............................     15,800 46
Lunch for officers and home office employes           39,157 96
Donations .600 00
Paid stockholders for interest or dividends (amount declared dur-
ing the year) ...................................................
Agents' balances charged off .      ..........................4.....
Gross loss on sale or maturity of ledger assets, viz.:
Bonds ...............................................  $5,410 00
Stocks .............................................   20,750 0


539


6,880,046 74
135,138 an
2,518,280 61
2,899 48
425,518 67
496,327 04
130,489 58
237,10 59
101,770 93
1,850 11
11,183 66
20,253 49
1t08,290 00
45,913 94
103,705 27
292,797 56
48,681 51
20,973 82


62,090 17
1,050,000 00
1,258 98


26,160 00,
Gross decrease, by adjustment, in book value of ledger assets,
Boid   ..............................................................   11,55
00
Total disbursements ....................                       $12,752,376.50
Balance                                                  $33,773,527 89
LEDGER ASSETS.
Mortgage loans on real estate, first liens ..........     $21,300 00
Book value of bonds, $16,690,602.26, and stocks, $12,-
879,363.67  ..........                               29,469,965 93
Deposits in trust companies and banks
not on interest ...............            $43,790 62
Deposits in trust companies and banks
on interest .1,715, 704 09
1,759,494 71
Agents' balances representing business written sub-
sequent to October 1, 1912 ..........   ................. 2,327,747 89
Agents' balances representing business written prior
to October 1, 1912 ..........    ........................   85,008 29
Bills receivable, taken for fire risks ..................85,608 0
Total ledger assets ......................................... S39 ,527 89