STANDARD     MARINE     INS. CO.                    1095
All other licenses, fees and taxes:
Federal corporation tax ........     ...................   3,573  0
Other taxes .............         ...........-               993 9
4,567 09
Other disbursements:
Remittances to home office ......................... $1,140,250 88
Traveling expenses ................................        1,182 78
Sundry office expenses .........    ....................   3,632 66
1, 145,066 32
Agents' balances charged off ....................                       
    8   47
Gross decrease, by adjustment, in book value of ledger assets:
Blonds ...........................................................      17,258
00
Total disbursements .........         ............................... $2,089,284
74
Balance.~~~~~~~~~~~$1,476,441 71
B al lncee  ...................................................... 146411
LEDGER ASSETS.
Book value of bonds, $638,658.00, and stocks, $23,063.00  $661,721 00
Cash in company's office ......    ........      $75 00
Deposits in trust companies and banks
not on interest .........   .............   41,396 40
Deposits in trust companies and banks
onl interest ............. ..............  154,485 9S
195,957 38
Agents' balances representing business written sub-
sequent to October 1,.1912 ...........  .................  616,511 39
Agents' balances, representing business written prior
to October 1, 1912 ..........    ........................  2,251 94
Total ledger assets .$1,476,441 71
NON-LEDGER ASSETS.
Interest accrued on bonds .........    ....................  $7,846 03
l)ne from reinsuring companies on losses paid      ......   38,348 27
Total .........................................................     46,194
30
Gross assets .     .......................................... $1,522,636
01
DEDUCT ASSETS NOT ADMITTED.
Agents' balances, representing business written prior
to October 1, 1912 ..........     .......................  $2,251 S94
Book value of ledger assets over market value      ......   13,533 00
15,784 94
'l'otal admitted assets ...........   ..............................  $1,506,851
07
LIABILITIES.
GrCoss claims for losses in process of adjustment or
in suspense, plus $9,853.00; reserve for losses in-
eiurred prior to December 31, of which no notice
lbad been received on that date ......     .............  $297,944 00
Gross (laims for losses resisted ......     ...............  2.500 0O)
Total ..     ........................................  $300,444 00
Deduct reinsurance due ot accrued ......      ............  135,233 00
Net amount of unpaid losses apd claims .$165,211 00
Gross premiums (less reinsurance) (cash and hills) received and
receivable upon all unexpired marine risks, $190,901.83; unearned
premiums (100 per cent) ..................................         .....
 190,901 83
Salaries, ren-ts, expenses, bills, accounts, fees, etc., due or accrued 
  1,085 70