MECHANICS MUTUAL FIRE INS. CO.


1201


UNDERWRITING AND INVESTMENT EXHIBIT-Continued.


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MISCELLANEOUS EXHIBIT.  I


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Gain in
Surplus.


Unabsorbed premium depositr.emium.deposit.......   .   ...........
Net loss from above ...............
Total gains and losses in surplus dur-
ing 1912 .....                     ..             $358,317 48
Surplus Dec. 31, 1911..... $386,314 01 .
Surplus Dec. 31. 1912 ........... ....  447,484 27 .
Increase In surplus during 1912 ................
Totals ..........................       .....  $358,317 43


Loss in
Surplus.
$297,147 17
$297,147 17
$297,147 17
.............
..............
61,170 26
$358,317 43


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Per cent of losses incurred to premiums earned, 9.00.
Per cent of underwriting expenses incurred to premiums earned, 8.8.
Per cent of total losses and expenses incurred and unabsorbed premium de-
posit declared to total income earned, 85.32.