NIAGARA     FIRE INS. CO.                            699
Postage, telegrams, telephone and express         .       ..............
   24,206 84
Legal expenses       .......................................................
 3,704  0
Furniture and fixtures ..... I ..................   ......................
  8,480 23
Maps including corrections .........................................    
     9,530 11
Uinderwriters' uoards and tariff associations      .       .............
   31,567 64
Fire departtinut, tire patrol and salvage corps assessments, fees,
taxes and expenses           ................................           
 12,795 65
Inspections and surveys           ...........................................
 18,443 11
State tax on premiums        ...................... ......................
 79,948 I'd
Insurance department licenses and fees .......          .15,46          
            7
All other licenses, fees and taxes:
Federal corporation tax ........       ...................  $3,391 50
Municipal licenses ...........     .......................   7,897 57
11,289 07
Other disbursements:
Incidentals .    ........................................   $2,495 76
Exchange ........................................            3,500 72
Commercial reports ..........       ......................   1,418 20
Offce expenses ...........                                   7,816 54
Subscriptions (papers and periodicals) ............          3,222 48
18,453 70
Paid stockholders for interest or dividends (amount declared dur-
ing the year) .    ......................................................
 250,000 00
Agents' balances charged off ........................................   
       413 01
Total disbursements ..........         ............................... $3,215,042
90
Balance .............      ................................... $6,708,909
30
LEDGER ASSETS.
Mortgage loans on real estate, first liens .............    $582,000 00
Book value of bonds, $1,778,307.50, and stocks, $3,293,-
025.89 .........                                   .      ,071,333 39
Cash in company's office                        22.......... ,071,3 39
Deposits in trust companies and banks
not on interest .......... ,                142,8i4 72
Deposits in trust companies and banks
on interest .............  ..............   340,130 29
485,200 40
Agents' balances representing business written sub-
sequent to Oct. 1, 1912 ............................       563,182 83
Agents' balances representing business written prior
to Oct. 1, 1912 .. .    ..................................   7,192 68
Total ledger assets .$6,708,909 30(
NON-LEDGER ASSETS.
Interest accrued on mortgages ......................          $6,373 87
Interest accrued on bonds .......................:.           22,010 57
Total .    ........................................................   28,384
44
Market value of bonds and stocks over book value ..................     
   249,496 61
Other non-ledger assets ...........       .................................
 1,791. 49
Gross assets ...............      .................................. $6,98S,581
84
DEDUCT ASSETS NOT ADMITTED.
Agents' balances, representing business written prior to October 1,
1912 ... 7,192 68
Total admitted assets ................... $6,981,389 16