i122


i~t~kwiA PAtRMEtS MUTUAL fRS. i0.


UNDERWRITING AND INVESTMENT EXHIII3l.


IUNDERWRITING EXHIBIT.
I                            I 1
Premiums.                I              I
Total premiums ........                     $28,287 19 ..........
Add unearned premiums Dec. 31, 1911. .       43,235 57 .......... ........
Total .$71,522 76 .                                               .
Deduct unearned premiums Dec. 31
1912 .........................'.-.         45,161 11 .......    . . ..............
Premiums earned during 1912     .   ... ..                 $26,361 65.
UNDERWRITING PROFIT AND                             |
LOSS ITEMIS.
-           .1.  .1        1
Agents' balances and bills receivable|
not admitted Dec. 31, 1911 .....         $139,605 131 ............  .   
  .
Agents' balances and bills receivable                 I I
not admitted Dec. 31, 1912 .... ........  141,415 30 ...........   .    
  .
Loss from items above .......... . .............      1,810 17 .
Underwriting income earned      during
1912 ................................ .............. .........         $24,551
48




LOSSES.
Losses paid ..............
Add unpaid losses Dec. 31,1912.......
Losses incurred during 1911...........
UNDERWRITING EXPENSES.
Underwriting expenses paid during
1912 ................................
Unjiderwriting losses and expenses...
Los from   n.nderwriting during 1912..
INVEISTMENT EXHIBIT.


$19, 593 91
6,200 oa
..............
..............
..............
..............




$25,793 91.
8,374 95 ..............
34,168 86
..... .... .... $9,61.7  38
.............. .........$,17
..............   ..........$9,17.3
.............. ..............
........ .....!* $5 ,174 01


Interest and Rents.
Interest, dividends and rents received
during the year ................      $3,350 20
Deduct interest, dividends and rents
accrued Dec. 31, 1911   .      ....  141,989 27
Balance ....                   -$138, 639 02
Add interest, dividends and rents ac-I
crued Dec. 31, 1912 ..................  143,813 03
Total ....                      ..............