158


REPORT OF THE COMMISSIONER OF INSURANCE.
Disbursemcnts


Gross losses paid subscribers .............................       . $345.51
Adjusting expenses ..........        ..........................     608.00
commissions paid attorney ..............................         12,581.10
Trustees expenses .          -...                                   320.55
Total disbursements    ...........    ...................  $13,855.16
Balance .    .....................................  $49,006.88


Ledger Assets
Cash in banks and trust companies, as follows:
(a) Peoples National Bank .....    ........ $13,722.97
(b) Northern Trust Company .....    ......  14,937.48
$28,660.45
Uncollected premiums ........      ...........................  20, 346.43
Total ledger assets ................................ $49,006.88
Assets not Admitted


Deposit premiums written, due over 90 days..
Uncollected deposit premiums of Kansas Em-
ployers' Inter-Insurance  Exchange   in-
cluded in assets.........................


$3,488.54


678.47


4,167.01
Total admitted assets .............................  $44,839.87


Liabilities
Estimated amount of four unpaid and unadjusted death
claims (company's estimate) ........................
Reserve for one law suit................................
Estimated amount of compensation unpaid and unadjusted
on temporary disability claims (company's estimate)
Estimated amount of doctor's fees on unadjusted and un-
paid claims (company's estimate) ...................
Arbitrary amount of reserve set aside by examiner for con-
tingencies on unadjusted and unpaid claims..........
Reserve for unearned premiums on policies in force:
Gross premiums .......I....             $61,604.99
Less attorney's commission at 50% ......  12,581.10


$1,300.00
700.00
398.63
189.75
2,000.00


24.511.95


Amount due Exchange Management Company ............            542.55
Total liability except surplus and reserves .......... $29,642.88
Surplus and reserves belonging to subscribers., ...........  15,196.99
Total liabilities .........   .........................  $44,839.87


COMMENTS ON THE STATEMENT
The amount of net deposit premiums written by the exchange
between August Ist and September 27tl, 19137 inclusive7 was