KEYSTONE MUTUAL FIRE INS. CO.                          1175
Dividends to policyholders .........       ...............................
 286,464 97
Agents' balances charged off ........................................   
 1,589 90
Gross loss on sale or maturity of ledger assets: Bonds ............     
  825 98
Total disbursements ..........       ...............................  $342,679
99
Balance .    .  ..........................................X.X  $3380,847
18
LEDGER ASSETS.
Book value of bonds         .         ......... ........  $317,888 68
Cash in company's office ................    $3,563 00
Deposits in trust companies and banks
on interest ............. ..............   48,028 37
51,591 37
Agents' balances representing business written sub-
sequent to Oct. 1, 1912. ...    ..    .   ..             II, 11,367 13
Total ledger assets .............    ..............................  $380,847
18
NON-LEDGER ASSETS.
Interest due, $4,975 and accrued $1,582.02 on bonds .................   
 6,557 02
Gross assets .         .............................................  $387,404
20
DEDUCT ASSETS NOT ADMITTED.
Overdue and accrued interest on bonds in default .....     $2,033 33
Book value of ledger assets over market value      ....    22,798 68
24,832 01
Admitted assets .     .................................$.............  $362,572
19
LIABILITIES.
Gross claims for losses in process of adjustment or in suspense....     $2,182
08
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired risks running one year
or less from date of policy, $350,675.60; ,unearned
premiums (fifty per cent) .......      ..................  $178,337 80
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired risks running more
than one year from date of policy, $15,197.92; un-
earned premiums (pro rata) ........................       8,110 15
Total unearned premiums as computed above ................         186.447
95
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  
  561 04
Estimated amount hereafter payable for federal, state and other
taxes based upon the business of the year of this statement ......     3,873
95
Total amount of all liabilities .................................  $193,065
02
Surplus ......................... I ................................... 
169,507 17
Total liabilities and surplus ..........................\..  .   $362,572
19
RISKS AND PREMIUMS.
Fire.     | Tornado.    I     Total.
Tn force on the 31st day of Dec., 19111   $36,138,3241  $343,397 681 $1,716,988
40
Written or renewed during the year..!      41,510,3391   386,359 271 1,931,796
;5
1-            1-                      --
Total ..$ 1                           77,648,6631  $729,756 951 $3,648,784
75
Deduct those expired and marked off                  I             I
as terminated ...         .......          37,930, 232  357,883 43! 1,789,417
15
In force at the end of the year. .1  $39,718,431!11  $371,873 521 $1,859,367
60