TEUTONIA INS. CO.


843


UNDEHIWVl'ITING, AND INVESTMENT EXI-HIBIT-Continued.
_-                                  . I       ~      ~~~~~~~~~~~~~~~~~~~~~
I
INVESTMENT EXHIBIT.                                       I
Interest and Rents.        1             1
Interest, dividends and rents receivedl          I             I
dluring the year ..............   - 1  $?36,073 091i-. -.. .   .
D)educt interest, dividends and rentsl            I            I
accrued Dec. 31, end of the year .....  9,244 161 .
I_       ~      ~I     I
Balance ....              .1 $26,828 931 .
Add interest, dividends and; rents ac-1           I            I
crued Dec. 31, end of the year.   I    11,120 411 .......      -----.
Total ...                                  ' .^97,949 341.
PROFIT ON INVESTMENTS.           1
(Thin from sale of ledger assets ......  $2,32 001...........................
Gain from other investments .....           711 021............................
Profit on investments during the yearl ..............I  3,063 021.
Investment income earned during thel              I            1
year.1 .                                         .               $41,0120
36


LOSS ON INVESTMENTS.
Loss from   sale of ledger assets ....... 1  $11,635 001-.---------- I
Loss from   decrease in book value ofI                I'            I
ledger assets .1 --     ----  ....... 1    13,780 001       . . -.-.1--
Loss from    change in difference be-1                1
tween book and market value dur-1                   1             1
ing the year ...................------ 1    5,957 501..............--1--
Loss from other investments ........... 1     2,016 071 ......        1
I_        ~    ~     ~   ~~~-11
Loss on investments during the year.1 .............. 1    $33,388 571...
INVESTMENT EXPENSES.              I
1              1             1
Investment expenses paid during thel                  I
year ........... .                                        2,693 941 ...
Investment losses and expenses dur-1                  I 1
ing the year ..................                      ..............
Gain   from  investments   during   thel
year .                               1                     .....
'MISCELLANEOUS EXHIBIT.            I              I   Gain in    1
I              I  Surplus.   I
Dividends   declared  to   stockholders!              I              I
during the year                      1                            1. .


,  ..  ..  ..  ..  ...
36,082 31
$4,929 85
Loss in
Surplus.
$25,000 00


Net loss from above ..................... i..............              $25,000
00
Total gains and losses in surplus dur-1             1             I
ing the year .     .....................1.-. -    -   --.-.1  $24,963 411
 $25,000 00
Surplus Dee. 31, 191.1 .................  $165.1    ...... ..............
Surplus Dec. 31, 1912 ................. 1  165,116 911 .............. I-..-.1
Decrease in surplus during the year.. .............. 1       36 591..............
Totals ................................-.........  $25,000 001   $25,000
00
I         ~I                      __
Per cent of losses incurred to premiums earned, 57.80.
Per cent of underwriting expenses incurred to premillums ealrned, 39.93.
Per cent of Investment expenses Incurred to interest and rents earned. 70.99.
Per cent of total losses and expenses incurred and dividends declared to
total
Income er Ted, 90,57,