8:18


STANDARD FIRE INS. CO.
UNDERWRITING AND INVESTMENT EXHIBIT-Continued.




.


INVESTMENT EXHIBIT.
Interest and Rents.         I
lntorest, dividends and rents received
(hiring the year ....................   $42,406 351
Deduict interest, dividepds and rentsl             I
accrued Dec. 31, end of the yea......... I  101,880 9G1
Balance ...........        .....    $31,525 39
Add interest. dividends anld rents ac-I
cruied Dec. 31, end of the year ......   11,439 291
* I- I
Total ...                          l.
LOSS ON INVESTMENTS.            I             I
I   .I
Loss from   channe in  difference be-
t-ween b)ook and market value during
the year ...............
INVESTMENT EXPENSES.             I             I
Investment expenses paid during thel
year ... ..
T--.4-R-1  Invon 1^R^ntnl wxnan-ze  diiringl


I
I
..............
..............
.......... I ...
..............
..............


-


..............
$42,964 6;8


$1,642 831 .


8,050 00 ....
i        II~~~~~~~~~~~~~~


.


111I V V- [1.11 UtO Lst.,~v-- -                                         
      _ I
the year     ....................    ..............                     9,692
83
Gain from    investments   during  the
year .......................... ...... .............. ........        $33,271
85
I      I                     I
'MISCELLANEOUS EXIIIBIT.           I             I   Gail in    ITloss in
I             I   Surplus.     {Surplus.
Dividends   declared  to  stockholdersl              I             I
duing the year ..................... ..              l.       .       $30,000
00
Loss  from  above  ..................                 .............    $30,0000.00
Total gains and losses in surplus dur-I              I
ing the year ........................                   $33,271 85    $97,433
75
'Surplus Dec. 31, 1911 ..............     $380,776 001 .;
Surplus Dec. 31, 1912 .............| 316,614 10 .
Decrease in surplus during the year    .    ..........    64,161 .01.
Totals .......................... ..............    $97,433 751   $97,433
75
Per cent of losses incurred to premiums earned, 56.9.
Per cent of underwriting expenses incurred to premiums earned, 64.7.
Per (ent of investment expenses incurred to interest and rents earned, 18.7.
1'er cent of total losses and expenses incurred and dividends declared to
total
income earnied, 86.6.