278


AMERICAN INS. CO.
UNDERWRITERS AND INVESTMENT EXHI-BIT--Continued.


-


=


INVESTMENT EXHIBIT.
Interest and reents.
Interest, dividends and rents re-
eeived dluring the year .........
Deduct   interest.  dividends  and
rents accrued Dec. 31, end of the
year   ...........................
Balance   ..................
Add interest. dividends and rents
accrued Dec. 31, end of the year
Interest and rents earned during
the year .......................
PROFIT ON INVESTMENTS.
Glain from sale of ledger assets...
Investment income earned during
the  year  ......................
LOSS ON INVEETMENTS.
Loss from   decrease in book value
of ledger assets ................
Loss from    change  in difference
between book and market value
during  the year   ..............
Loss on investments during the
year  ...........................
INVESTMENT EXPEANSES
Investment expenses incurred and
paid during the year .........
Investment losses and     expenses
dluring the year ...............
G(Tin from investments during the
year ............................
MISCELLANEOUS        EXHIBJT.
Dividends declared to stockhold-
ers during the year.............
Dividends declared to policyhold-
ers during the year ............
Loss from  above .............;
T1'otal gains and losses in sur-
plus during the year ......
Surplus Dee. 31, 19.11 ...........
Surplus Dec. 31, 1912 .............
Increaise in surplus,, during the year
Totals ....................






$396, 01 4 3
76,545 8
$319,468 5
84, 925 2


2


$404,393 7e


4,993 U


5
.I


..............


..............
..............
..............


. . . . . . . . . . . . .  .......... .


$409,386 8$


$28,596 64


.. . . . . . . . .  - . . ......


47,980 6(


..............


..............


$76,577 24


..............


21t.104 21


..............
..............
..............
..............
$2 . 962', E48 ,52
3, 13:9), 102 52
..  .... . ...  . ...
..............


.


Gain in
Surplus
..............
..............
..............
$422,614 00
..............
..............
..  .  ...   ..  ..  .  ...
... $422,614 00




97, 681 45
$311,105 43
Loss in
Surplus
$250,00o 0
$250,060 00'
$2509,060 00-
..............
..............
172,554 0)
$422,61£i 06


I                         -I. -  - - -  -
Per cent of losses incurred to premiums earned 53.95.
Per cent of underwriting expenses incurred to premiums earned 43.05.
Per cent of investment expenses incurred to interest and rents earned 5.22.
Per cent of total losses and expenses incurred and dividends declared to
tota-l income earhed 95.77.