1042


SUN INSURANCE OFFICE.


UNDERWRITING AND INVESTMENT EXHIBIT-Continued.


UNDERWRITING EXPENSES.
Uuderwriting expenses paid during $
the year        .............        $1,177,804 73
Deduct underw'riting expenses unpaidl
Dec. 31 of previous year ..........................93251311
Balance .............  ........... | $1,084,553 421.
Add   underwriting  expenses   unpaid              I
Dec. 31, end of the year ............. 1  93,386 281.
Underwriting expenses Incurred dur-!               I
ing the year ...........                            1,177,939 70
Underwriting losses and expenses .... .............. ..............
Loss from   underwriting  during the
year . -                                          ..............


..............
2,660,391 93
$221 402 44


INVESTMENT EXHIBIT.             I
Premiums.
Interest, dividends and rents received
during the year .....................   $178,546 051 .........     ..............
Deduct interest, dividends and rents                 I
accrued Dec. 31, end of the year....      42,634 941 .......       I
Balance ............I1 $135,911 Ill .........                  -.       .
Add iuterest, dividends :and rents ac-I              I
crued Dec. 31, end of the year-......     43,422 01 ....          .
Total ......... ...$..... I............            $179,333 121 .............
PROFIT ON INVESTMENTS.             I                           I
* I             I
CZ'ain from  sale of ledger assets ......                  4,691 00!
Investment income earned during the1
year .1                                            1                 $184,024
12
LOSS ON INVESTMENTS.             I
Loss from sale of ledger assets ........   $37,416 271 ........      1
Loss from   decrease in book value of!               I
ledg.er assets ....       ....... 1        3,371 48.                 ...........




Loss from change in difference be-
tween book and market value during
the year .
Loss on investments during the year.


10,286 47
;..............
!~~~~


.............. I........... . .
$51,074 221 ..............


INVESTMENT       EXPENSES.        I                            I
Investment expenses paid during thel                 I
the year ..........1 .                                  18,499 261
Investment losses and expenses dur-l
ing the year      ........... .............. ...........               69,573
48
Gain   from  investments   durinmt thel              I
year ......................-.......I..............     -...........  $114,450
64