R1OME INS. CO.                              542
UNDERWRITING AND INVESTMENT EXHIBIT-Continued.
Loss from    underwriting   profit andl
loss iteins .......................... ..............    29,670 99L..............
Underwriting   income earned    during- 1                          I
the year .....$ l                                       .          1$12,404,101
12
LOSSES.                               i              I
L                     I      I
Losses paid .        - -$6,880,046 741 ..........                 .... I...............
Deduct unpaid losses December 311                    1
of previous year .          -       -------------- 1,144,436 341 ...........
 I..............
I                I
Balance .                         $5,735,610 401.
Add unpaid losses December 31, endl                  I             I
of  the  year             ...$....................  1,263,997  331 ..............
I-.......I-------
Losses incurred during the year .I'll,.             11-6,999,607 731.
UNDERWRITING EXPENSES.
Underwriting   expenses paid    duringi                            I
the year .........I $4,747,455 1101 .                       ........... 
...........
Deduct underwriting expenses unpaid                  I
December 31 of previous year     .        77,606 971 .............. i...........
Balance   .....                   - $4,669,848 131 ....   ........ I .
Add   underwriting   expenses   unpaidl              I
December 31. end of the year .....        91,201 861 ........
Underwriting expenses incurred dur-!                 I             I
ing the year *------          ...                  I 4,761,049 991-.............
.. . .. . .   I           -
Underwriting losses and expenses ....         ...............I.............
I 11,760,657 72
Gain from   underwriting   during the                I             I
year                     .....                       .1..          f $64.3,443
40
INVESTMENT EXHIBIT
Interest and Rents.
Interest, dividends and rents received                             I
during the year ................... $1,318,699 551 ..........      I.  .
Deduct interest, dividends and rents[
accrued  December 31, end of thel
year                         ........    214,053  00  .......      .    
 .
Balance.I $1,104,646 551 ...                              .. i.
Add interest, dividends and rents ac-Ij              I             I
crued December 31 of previous yearl      226,566 00°1 ...........1
Total ...                          .... $1,331,212 551 .
PROFIT ON INVESTMENTS.
Gain from sale of ledger assets ....................      111,568 19!.
Investment income earned during the1                 1             I
year             ....                                              $1,442,780
74
LOSS ON INVESTMENTS.                                     .
Loss from 'sale of ledger assets ......    $26,100 001........      .........
Loss from   decrease in book value of!                             I
ledger assets ....         ......         11,595 001- .  ...        1-.-
     .
Loss from   change in difference be-l
twppn book and market value dur-!
ing the year .........          l        426,968 951' ........     1
I             I              I
Loss on investments during the yearl ...                $464,723 95..