REPORT orP TIE COMMISSIONER OP INSURANCE.              115
Income
Gross expense and guarantee fund deposits
written ................................ $182,373.96
Deduct return expense and guarantee fund
deposits .34,867.45
$147,506.51
Reserve fund deposits ..................                     2,642.00
Interest on bank deposits .............................      4,415.95
Refund for appraisal of fire loss .......................         2.53
Total income .............     .....................  $154,566.99
Total footings .........    ..................  $472,645.84


Disbursements
Paid subscribers for losses .......... ...  $106,168.89
Deduct salvage .......................       9,169.15
Net losses paid.................................
Dividends returned to subscribers....................
Returned to subscribers on account of adjustments of re-
serve fund and refunds on surplus reserve and sur-


$96,999.74
18,766.49


P1
Under
Legal
Taxes
Appra
Audit:
Advise


.us accounts ...............    .....................     10,847.35
writing expense paid attorney ...................         26,991.94
expense   .......... ..............................       2,257.02%
.    ..............................................    .    ... ....111.00
,isal account ...............   .....................          53.00
ing Ibooks .   ......................................         150.00
Dry committee expenses .......................... .          292.89
Total disbursements .........      ...................  $156,469.43
Balance .................    ..................  $316,176.41
Ledger Assets


Cash in banks as follows:
Foreman Bros. Banking Co............
Continental & Commercial Trust and


$56,101.52


Savings Bank ....... ..............  75,000.00
Corn Exchange National Bank ........    75,000.00
The National City Bank. , .............  75,000.00
Total ......... : .................... $281,101.52
Less checks outstanding ..................   4,567.27




Cash book balance .....................................  $276,534.25
Subscribers' balances .................                     39,642.16
Total ledger assets .............................   $316,176.41