INMDIA1NA LUMBERMFNf     S MUTUAL INS. CO.                 1171
Other disbursements:
General expenses .      ..................................   2143
Reinsurance   ............... ........................      27 01
Traveling expense . .    .................................  527 00-1,364
44
Dividends to policyholders .........                                   90,404
40
Gross decrease, by adjustment, in book value of ledger assets:
Bonds   .............................................................   
729 10
Total disbursements .4.........................................  24,997 25
Balance ................................................  $361,637 20
LEDGER ASSETS.
Book value of real estate...............................  $29,500 00
Mortgage loans on real estate, first liens .139,850 00
Book value of bonds .150,000 00
Deposits in trust companies and banks on interest         26,504 79
Agents' balances representing business written sub-
sequent to October 1, 1912 .15,782 41
Total ledger assets .........* .................................  $361,637
20
NON-LEDGER ASSETS.
Interest accrued on mortgages ........................    $2,325 83
Interest accrued on bonds ............................    . 2,754 29
Interest accrued on other assets: Bank balances ....          46 93
Total.~~~~~~~~~~~~~~~5,127 05
T otal  . ....  a...................................................0
Gross assets                        .$366,764 25
LIABILITIES.
Gross claims for losses in process of adjustment or in suspense        $7,485
00
Gross premiums (less reinsurance) received and receivable upon
all unexpired risks running one year or less from date of policy,
$291,921.29; unearned premiums (fifty per cent) .145,960 64
Estimated amount hereafter payable for federal, state and other
taxes based upon the business of the year of this statement           3,685
00
Commissions, brokerage and other charges due or to become due to
agents and brokers: Inspections .477 00
Total amount of all liabilities................................  $157,607
64
Surplus                                                                209,156
61
Total liabilities and surplus               .$366,764 25
RISKS AND PREMIUMS.
Fire.       *Tornado.        Total.
In  force  Dec. 31, 1911  .................. 100 1                      
      60
Written or renewed during the year..!     15,742,1291   341,726 201 1,025,178
60
Total ......                      I $27,231,095!  $595,729 351 $1,787,188
05
Deduct those expired and marked off!                I
as terminated .............--.-     1   13,593,8981   303,808 061   911,424
1S
I             I             I
In force at the end of the year..1  $13, 637, 197  291,921 291  $875,763
87
I  3 3,17