1218         2IILL OWNER$ MUT. FIRE INS. CO. OF IOWA.
MILL OWNERS MUTUAL FIRE INSURANCE COMPANY
OF IOWA
Des Moines, Iowa.
Home Offlce, 413-417 SECURITIES BUILDING.
[Incorporated 1875; commenced business 1875; admitted 1908.j
President, H. J. BENSON.             Vice President, B. A. LOCKWOOD.
Secretary, J. T. SHARP.


*BALANCE SHEET.
Amount of ledger assets Dec. 31 of previous year ....    $332,497 13
P'reiniums and assessments in course of collection ....     7,086.54
Extended at ..........      .       .    .      .    .........   $0339,583
67.


INCOME.
Gross premiums .'......................................   $67,370 92
Deduct gross amount paid for return premiums .....          45,067 58
22,303 34
Assessmients levied during the year ...................   149,239 71
- Total preimiuns aund assessmeiits ............................
Gross interest on mortgage loans ...... . .............    $13,969 27
Gross interest on deposits in trust comipanies and
banrlks ....................................................  1,692 82
Total gross interest and rents ..............................


$171,543 07


15, 662 09


'Total income .............           ...................................
       $187,205      16
Total footings      .........         ...............................   
 $526,788     83


DISBURSEMENTS.
Gross ailount paid policyholders for losses (including
$14,771.95 occurring in previous years) .       .      $93,840     74
Deduct a.Iount received      for salvage, $2,265.06; dis-
count, $561.32.8.......................................    2,826 38
Net amount paid policyholders for losses.............
Expenses of adjustmeint and settlement of losses....................
Conmmissions and     brokerage.........................
Salaries, $5,646.16, and expenses, $4,266.52 ot inspectors.
Salaries, fees and    all other charges of officers, directors, trustees
anid  home   office employes .................................
Itents ...                                                         ..
Adlvertising, $509.30; printing   and stationery, $591.19.
Postage, telegrams, telephone and express..........................
Lelglal   expenses  ...................................................
IFurniture and fixtures .............................................
Fire department, tire patrol and      salvage  corps  assessments, fees,
taxes a-lnd expenses ...............................................
Inspections and     surveys............................................
State taxes on prenIiiums ...........................................


$91,014 26
833 63'
2,687 58
9,912 68
12,750 48
960 00.
1,160 49
877 26
119 00
156 75
121 63-
1,146 27-
1,055 25


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