STATE MUTUAL FIRE INS. CO.                         1245
LEDGER ASSETS.
Book value of bonds, $187,992.70, and stocks,
$1,607,915.62 .   ....................................... $1,795,908 32
Deposits in trust companies and banks on interest ...    117,432 23
Agents' balances representing business written sub-
sequent to October 1, 1912 ...........................  33,949 76
Agents' balances representing business written prior
to October 1, 1912 ..................................       68 20
Total ledger assets                  ..... $1,947,358 51
NON-LEDGER ASSETS.
Interest accrued on bonds ............................................  
1,716 58
Gross assets .$1,949,075 09
DEDUCT ASSETS NOT ADMITTED.
Agents' balances, representing business written
prior to Ostober 1, 1912 .......     ...................   $68 20
Book value of ledger assets over market value ........     8,366 19
8,434 39
Admitted assets ...........      .................................. $1,940,640
70
LIABILITIES.
Gross claims for losses in process of adjustment or in suspense,
plus $188.74 reserve for losses incurred prior to December 31, of
which no notice had been received on that date ..................     $9,214
78
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired risks running one year
or less from date of policy, $871,496.92 unearned
premiums (fifty per cent) ...........     .............  $435,748 46
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired risks running more
than one year from date of policy, $1,006,715.34; un-
earned premiums (pro rata) .........................   497,568 65
Total unearned premiums as computed above ................       933,317
11
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued. 
 338 19
Estimated amount hereafter payable for federal, state and other
taxes based upon the business of the year of this statement ......    8,279
98
Total amount of all liabilities ................................  $951,150
06
Surplus ............................................................  989,490
64
Total liabilities and surplus .......   ........................... $1,940,640
70
RISKS AND PREMIUMS.
F i~sire.  |Tornado.         Total.
I      I                    I
In force December 31, 1911 ......       $235,798,153 $1,789,688 82 $8,948,444,10
Written or renewed during the year..     137,773,401  1,054,951 36  5,274
,756 80
Total .. ........    .    ......    $373571,554 $2,844,640 18 $14,223,200
90
Deduct those expired and marked off
as terminated ..........  ............  125,055,075   966,427 92  4,832,139
60
In force at the end of the year..  $248,-516,479 $1,878,212 261 $9,391,061
30