PRiVIDENCE WASTJINGOTON         INS. C(.                 777
TJNI)EIDIWRITING    AND INVESTAMENT EXHIBIr-Continued(.
Add interest, dividends and rents ac-1               I             I
c-ue('d IDec. ;1, elld of the  r ......yea.084 M.............. I...........
I
Total ..............I.......                      $161,0183 661........
PiP)tTrr ON INVESTMENTrS.
(Gain from sale of le(lger assets ....... $ $141.075 61 ......... . 1I
(lain f oin increase iii book value ofl              I             I
le(lger assets ........17,87                     25..............  ..............
Grain from  other investinents .........     7,250 001 .......      I
Profit oil investments during the yearl .............    1 0;5,701 851..
Investment income earned during thel                               I
yea r ... .-j.,......$8237,831-5 51
LOSS ON INVESTMENTS.             I
Loss onl sale of ledger assets .........   $1, 737 501 .........,.. |
Loss from   decrease in book value otf               I             I
ledger  assets  ..828...1.........        5  , -2 3       .......  .    
 .
Loss from   change in (difterelce bl I              I
tween book and market value duIr-
ing the year .         ..............      l .520 501 .. .... I         .
I             II
Loss oii investments during te year! ..............     $1,07,581 031.
INVESTMKENT EXPENSES.            I              I             |
Investment expenses paid during thel                 I
year .......                                       I     8,72 3.........
Investment losses an(I expenses (diir-I             I              I
in- thme eve ..........................1181.9....... .............
I             I              I       _
Gain from   investments   during   thel              I             I
year........I .                                                     $,,16,004
55
AISCELLANEOUS EXHIBPIT.           I                Gain in    I   Loss in
*      I             ~~~~~~~I Surp 1lus8  1  Surpluls.
Dividends   declared  to  stockholdersl                            I I
(liurilig the yelr ....................--------.. .....--1------------  $75,00,0
00
Net loss from above .................                                  $75,000
00
Total gains and losses in surplus d(r-I              1             1
ing the year ..                                       $264,603 06!   $75,000
00
Surplus D)ec. :I1, 1911 ...............I   $859,455 521 ...........
Surplus D)ec. 81, 1912 .................. l 1,049.0  58 .............. l
  .
1-I I
I'-e.rise ill surplus (Ilrilln the yea.1 ...19........                  
 , 189.603 06
Totals ....................I                      $264,603 061   $264,603
06
Per cent of losses incurred to premiums earned, 00.06.
Per cent of underwriting expenses incurred to premiums earned, 37.8.
Per (ent of investment expenses incurred to interest and rents earnei1. 2.3.
Per cent of to.al losses and expenses incurred and dividendls deelared to
total
In(ome enrned, 95.9.