TEUTONIA INS. Co.


839


Expenses of adjustment and settlement of losses...................
Commissions or brokerage......................................
Allowances to local agencies for miscellaneous agency expenses....
Salaries, $19,420, and expenses, $12,335.78, of special and general
agents ...                                 ..
Salaries, fees, and all other charges of officers, directors, trustees
and home office employes .......
Rents for company's occupancy of its OWII buildings...............
Advertising, $2,500; printing and stationery, $8,787.63................
'Postage telegrams, telephone and express..........................
Legal expenses ............................
Maps, including corrections .......................................
Underwriters' boards and tariff associations.......................
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses ...............................................
Inspections and surveys......................................
Taxes on real estate ................................................
State tax on premiums      ......................................
Insurance department licenses and fees.............................
All other licenses, fees and taxes:
Federal corporation tax ............................       $549 97
Personal, state and city tax ........................     5,799 28
Local town licenses .       ...............................  5,275 08


8,825 59
197,287 10
1,180 00
31,755 78
30,810 00
4,500 00
11,287 63
2,515 40
4.000 00
2,500 00
8,190 72
5,598 24
3,500 00
1,564 75
5,509 00
9,181 78


11,624 33
Other disbursements: Deposit in Teutonia Bank and Trust Co. to
profit and loss ...................................................     2,016
07
Paid stockholders, for interest or dividends (amount declared dur-
ing the year, $25,000) ........................                        24,870
00
Gross loss on sale or maturity of ledger assets: Stocks ............    
11,635 00
Gross decrease, by adjustment, in took value of ledger assets:
Stocks ............................................................    13.780
00
Total disbursements .........       ................................  $883,085
00
Balance .    ........................................ $. . 1,139,227 30


LEDGER ASSETS.
Book value of real estate..............................
Book value of bonds, $734,848, and stocks, $118.617....
Cash in compauy's office .....             $8,278 24
Deposits in trust companies and banks
not on interest .......................   77.949 48


$70,000 00
853,465 00


86,227 72
Agents' balances representing business written sub-
sequent to Oct. 1. 1912 ..............................       128,062 08
Agents' balances representing business written prior
to Oct. 1, 1912 .....................................          1,472 50
Total ledger assets ............................................ $1,139,227
30
NON-LEDGER ASSETS.
Interest accrued on bonds ...........................................   
      11,120 41
Gross assets .............      .....................................  $1,150,347
71
DEDUCT ASSETS NOT ADMITTED.
Agents' bNlanoep representing business written prior
to Oct. 1 1912 .       ...................$..................  1,472 W0
Book value of ledger assets over market value .......           31,707 00
33,179 50
Total admitted assets .......                                       $1,117.1
68 21