11A1RDWARtE DEALERS MUTJtAt Piti            INS, d.           1115
Other disbursements:
Traveling expense     ..................................    $243 97
Exchange .......................        .......               60 62
Office expenses    ....................    .....             662 26
Interest' paid on borrowed money         .       .             4 17
Interest paid on' premium notes      .        .........        1 05
Hardware Assn.-borrowed money .................            1,500 00
Premiums on bonds            .          ...............      424 351
,,2,896 42
Dividends to policyholders .................. .,.49,312 32
Total disbursements ..$100,081.03
Balance .......                          ....X......      $11.4,534 79
LEDGER ASSETS.
Mortgage loans on real estate       .      .$64,400 00
Book value of bonds.                                        39,500 00
Cash in company's office ................                     5    00
Deposits in trust companies and banks
not on interest ........   ...............   1,045 12
Deposits in trust companies and. banks._!
on interest ............................     7,323 02
8,393 14
Other ledger assets: Furniture and fixtures      .    .      2,241 65
Total ledger assets.     .......................................  $114,534
79
NON-LEDGER ASSETS.
Interest due, $260.00, and accrued, $2,559.16 on mort-
gages ..............................................      $2,819 16
Interest due, $455.00, and accrued, $364.99, on bonds ...      819 99
Total ........                  ..             ........              3,639
15
Other non-ledger assets: Due on premium account ..................      
   3,044 13
Gross assets ..................                                   $121,218
07
DEDUCT ASSETS NOT ADMITTED.
Furniture, fixtures and safes........................................   
  2,241 65
*  Admitted assets .....................................           $118,976
42
LIABILITIES.
Gross claims for losses In process of adjustment or In suspense $.....  
  $,500 °°
Gross premiums (less reinsurance) received and receivable upon all,
unexpired risks running one year or less from date of policy, un-
earned premiums (fifty per cent) .58,707 04
Unpaid bills .323 57
Total amount of all liabilities      .         .$61,530 6t
Surplus ........ "                                                 
      57,445 81
Total liabilities and surplus .$118,976 42