WARISAW    FEWE INS. CO.                       1059
UNI)DERWt1T,1NG A-ND INVESTMENT EXHIBIT-Continued.
INVESTMENT      EXPENSES.        I
Investm-ient expenses paid during thel
year ............................    .                 1,060 2S .
Investment losses and expenses dur-I
ing the year ............            ....   . .I                    :17,956
S5
G~ain from   investments  during  thel
year ............................... I I I I I I I I I I I I I I I I I  $12,643
41
Gain in    I  Loss in
I             | Surplus.      Surplus.
I             I             I
Remittane s to home office .           I.....    . .. I              $99,000
00
.'-  .--                                  i
Net loss fom above .       ..........  .      .                      $99,000
00
I--___ I _-
Total gains and losses in     surplus!             I
during the year .............    ..                  $12,643 411  $209,701
62
Surplus Dec. 31, 1911 .$325,367 9)5!.
SSurplus Dec. 31, 1912 .128,309 741 ...-
Decrease in surplus during the year  ....               197,058 211.
Totals  .........7..0                        1   $209,701 621  $209,701 '
Per cent or losseds incurred to premiums earned, .70.51.
Per cent of underwriting expenses incurredl to premiums earned, ..5-201.
Per cent of investment expenses incurred to interest and rents earned, .0346,
Per cent of total losses and expenses incurred and dividends declared to
total
income earned, 1.1878