INSURANCE CO. OP THE STATE OF PENNSYLVANIA.
Expenses of adjustment and settlement of losses...................
Commissions or brokerage .........................................
Allowances to local agencies for miscellaneous agency expenses....
Salaries, $48,639.35, and expenses, $39,162.54, of special and general
agents .X
Salaries fees and all other charges of officers, directors, trustees
and home office employes......................................
Rents ..............................................................
Advertising, $7,381.54; printing and stationery, $15,429.30.........
Postage, telegrams, telephone and express.........................
Legal expenses     ..................................................
Furniture and fixtures .............................................
Maps, including corrections .......................................
Underwriters' boards and tariff associations.
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses ..............................................
Inspections and surveys ...........................................
Repairs and expenses (other than taxes) on real estate ...........
Taxes on real estate.       ......................................
State taxes on premiums......................................
Insurance department licenses and fees............................
All other licenses, fees and taxes: Capital stock tax..............
Other disbursements:
Traveling expenses ..........     .......................  $3,581 43
Safe deposit box .     ..................................   300 00
Fidelity bond ..............   ........................     298 13
Listing stock. .........       ..............................  108 50
Miscellaneous office expenses ......    .................   355 97
Conflagration indemnity ........      ...............     1,375 00
Commission sales of mortgages ......................         87 50
Deposit premiums returned .......................................
Paid stockholders for interest or dividends (amount declared dur-
ing the year, $64,000.00)   ......................................
Agents' balances charged off. .
Stucc   __,c an'  -fl   -rmftulrit-17 of ledger assets :__


565
28,060 08
461,159 55
7,402 51
87,801 89
106,687 46
5,390 (0
22,81.0 84
7,899 22
9,728 36
446 15
8,383 67
14,446 53
16,975 32
15,568 78
9,710 61
3,237 7 2
60,692 18
16,039 69
916 62
6.106 53
23,720 25
63,794 20
3,785 83




Real estate .    ........................................   $327 00
Bonds ..............................................        4,377 30
Stocks   ............................................        146 88
Total disbursements .                                           $2,356,726
44
Balance                         .$3,755,864 88
LEDGER ASSETS.
Book value of real estate ................         ....   $252,497 85
Mortgage loans on real estate, first liens...               60,800 00
Book   value   of bonds,   $1,959,948.31, and   stocks,
$903,919.11 ..................................         2,863,867 42
Cash in company's office ..........           $8,404 55
Deposits In trust companies and banks
on interest ...........   ...............  132,137 72
- ......................................... -140,542 27
Agents' balances representing business written sub-
sequent to October 1, 1912 .435,246 67
Agents' balances representing business written prior
to October 1, 1912 .2,910 67
Total ledger assets.                                            $3,755,864
88
NON-LEDGER ASSETS.
Interest accrued on mortgages.                                $597 49
Interest accrued on bonds.                                  24,720 20
Rents accrued on company's property or lease                  243 50
Total ................                                              25,561
19
Other non-ledger assets: Due for reinsurance of losses paid             
  1,479 S4
Gross assets ................................................. $3,782,905
91