858                  WE48P'CIESTEfRf FIRE 1NS. COT.
UINt)  XVlWRIIN(iN t ANI) INVESTME'NT  EXHI-iT- -Coiitinud.
____ ::  =  _ ____________ = ~ -  _____  I-  _  ___ __ ____  =- __ =   _
 __  _____
Agenl s' lialaiices and bills
receivable not a( lllitted      I            I
Dec. 31, end of the year  19,506-571 .                    .
Loss from above ..................... 1  5,899 571   .     I.
Loss from  underwriting Protit 'andI           I
loss items ..     ........                   I     4,339 67!.
Underwriting income - earned (luring!          I
tbe year ......          . .     . ..... .............. 1 $2,649,491 51.


LOSSES.
Losses        .........................
1)educ-t unlplid losses Dec. 31 of pre-
vious year .........................
1 " 1 Ce  ........................
Add unpaid losses Dec. 31, end of the
year ................................
Losses incurred during the year......


$1,557,583,1 94
275,219 02
$1,282,612 92
328,715 72
..............


1----..--------
1..............
1------ -- ----
1-         -  -.. ..
1$1, 611, 328 641


..............
..............
..............
..............
..............


UNDERWRI'lTING EXPENSES.            j
Uinderwriting  expenses paid   duringj               I
tbe year          ....................-1$1,142,248 481 .............. I...
i)educt underwriting expenses unpaid!                 I              I
Dec. 31 of previous year-.I..........      50,000  .1-.-------------1-------------
Ilalance.            1             $1,092,248 481 ...................
Add   underwriting   expenses   Unpaid 1              I             I
Dec. 31, end of the year .............     50,000 00! ............................
Uuderwriting expenses incurred dur-!                  I
ing the year ...............................     .   1 ,142,248 48!.
Inliderwriting losses and expenses ...................  ............. I 2,753,577
12
Loss froin underwriting- dluring    timle l
year .................................                                $104,085
61
,\ e2 r  --  --  ---  --  --  --  --  --  --  --1 -  -------1--------------
  $1 ,OX   ,


INVESTMENT EXHIBIT.             I
Interest and R1ents.
Imiterest, dividends and rents received!
dluring  tbe  year.I .................
I)eduCt interest, divi(leuds an cd rents!
ac(m(Irti Dec. 31, end of tbe year.... |
Balance  ..      ........       |
Add interest, dividen(ds aind remits ac-|
(riled D)ee. '1, eiiii of the year.....
Totsal .......          I .


$211,475 52!..............
6,671 241..............
$204,804 28!..............
11,269 46!..............
............ 1  $216,073   74


..... ! ........
..............
..............
..............
..............


PlROFITr   ON   INVESTMiIENTrlNS.    I
Gain froin sale of ledger assets ........  .............
Investment incoille earned (luring thel
year ............................................


13, 091. 32! ..............
.I.                   $229,1c5 0
...  ..  .. ..  .1   5229, I G;5   06-