FEDERAL UNION       INS. CO.
Expenses of adjustment and settlement of losses..................
Commissions or brokerage ........................................
Allowances to local agencies for miscellaneous agency expenses....
Salaries, $305.40, and expenses, $378.11, of special and general agents
Salaries, fees and all other charges of officers, directors, trustees
and home office employes.........................................
Rents .............................................................
Advertising, $236.02; printing and stationery, $581.00..............
Postage, telegrams, telephone and express.........................
Furniture and fixtures ............................................
Maps, including corrections .......................................
Underwriters' hoards and tariff associations......................
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses ..............................................
Inspections and surveys ...........................................
State taxes on premiums......................................
Insurance department licenses and fees ............................
All other licenses, fees and taxes:
Federal corporation tax .............   ..............       $23 48
Personal property tax      .............................      12 77


419
604 24
18,955 31.
286 02
683 51
9,784 33
1,577 32
817 02
502 10
547 26
96 00
1,136 88
259 49
72 29o
684 28
388 60
36 25


Other disbursements:
Formation expenses ...............................
Moving expenses ...................................
Sundry home office expenses.......................
Total disbursements .............................
Balance ....................................


$698 so
111 49
173 85
984 14
............. .$94,276 50
............. $230,935 12


LEDGER ASSETS.
Mortgage loans on real estate, first liens.............
Book value of bonds................................
Deposits in trust companies and banks not on inter-
est, $309.09; deposits in trust companies and banks
on interest, $33,377.96 ................... .
Agents' balances representing business written sub-
sequent to October 1, 1912..........................


$69,500 00
105,850 00


33,687 05
21,898 07


Total ledger assets ..........................................


$230,935 12


NON-LEDGER ASSETS.
Interest due, $128.75 and accrued, $8S3.4f1 on mort-
gages .............................................          $1,007 21
Interest accrued on bonds...........................         .    874 I ,
Interest accrued on other assets ......................           200 00
Total ......     .................................................     2,
081 837
Other non-ledger assets-Reinsurstnce on paid losses:
Metropolitan of Illinois .......       ....................................
   4 17
Lumber Ins. Co. of New York ....................................        
     15 2r)
Henry Clay of Kentucky ..........................................       
     245 12
flCross assets .......... ..............................             $233,2St
03
DEDUCT ASSETS NOT ADMITTED.
Book value of ledger assets over market value: Bonds ............       
     1,365 00
Total admitted assets ........................................       $231,916
03