246                  AETNA INS. CO.


UNDERWRITERS AND INVESTMENT
z_-_
Add interest. dividends and rents
accrued Dec. 31, end of the year     95,415 2t
Interest and rents earned during
the   year  ............ ...........  ..............


EXHIBIT-Continued.
I ~ ~


PROFIT     ON   INVESTMENTS.
Gain from sale of ledger assets....
Investment income earned during
the year .......................


$@I0,121 34 .............
63,946 .I.
65,946 68   ..............
...............'    $976, 068 029-


LOSS ON INYVESTMENTS.
Loss from sale of ledger assets..      $51,378 00  .     .        .............
Loss from decrease in book value          ,
of ledger assets ................       550 OG .
Loss frlom change in difference be-
tween book and market value
during the year ................    136,753 17
Loss on investments during the
year ....         ..........     ...........       $188,681 17 ..............
INVESTMENT EXPENSES.
Investment expenses incurred and
paid during the year .......... ..............      44,710 31 ..............
Investment losses and    expenses
during the year .............................................    233,391
4S3
Gain from investments duriiig the
st ear  ...-.......a-- a.--...a-..............  ..............  ......$742,676
 5a-
MISCELLANEOUS EXHIBIT.                             Gain in        Loss in
Surplus.       Surplus.
Dividends declared to stockhold-
el's during the year                   .           .            $8.00 000
00;
Net loss from  above ...............                       ....    $800,000
00
Total gains and losses in surplus  I
during  the year ..............   ............ $1,544,417 08     $800,000
00o
Surplus Dec. 31, 1911 ........     $6,701,112 64 .............. ..............
Surplus Dec. 31, 1912 .............  6,955,559 72 .............. ...............
Increase in surplus during the year  ...........  ..............    24,47
Totals  ..............  .                  $1,054,417 08  $1,054,417 08-
Per cent of losses incurred to premiums earned 57.11.
Per cent of underwriting expenses incurred to premiums earned 39.34.
Per cent of investment expenses incurred to interest and rents earned 4.91.
Per cent of total losses and expenses incurred and dividends declared to,
total income earned 97.43.