1184


LUMBERMENS MUTUAL INS. CO.


Other disbursements:
Traveling expenses .........     .......................  $1,435 94
Directors' expense ..........    .......................    755 31
Office expenses .....................................     1,750 74
General expense .............   .......................   2,119 86
Dividends to policyholders ..................................
Gross loss on sale or maturity of ledger assets: Bonds ..........
Gross decrease, oy adjustment, in book value of ledger assets:
Bonds ...                                                $2,913 40
Stocks ...                                                  174 00


6,061 85
152,469 40
350 80


3,087 40
Total disbursements ........................................            
$380,142 ,14
Balance .                                                               
$582,413 47
LL L   I           .
LEDGER ASSETS.


Book value of real estate ............................
Mortgage loane on real estate, first liens.
Book value of bonds, $411,938.15; and stocks, $49,725
Cash in company's office ...... .........  $717 75
Deposits in trust companies and banks
not on interest ........  .............  9,233 44
Deposits in trust companies and banks
oil interest ..........................  15,070 17


$23,700 30o
49,5610 00
461,662 15


25,021 36
Agents' balances representing business written sub-
sequent to October 1, 1912 .........     ..............   22,461 91
Agents' balances, representing business written prior
to October 1, 1912 .............  ......................      67 05
Total ledger assets ..........................................
NON-LEDGER ASSETS.
Interest accrued on mortgages ...............     ...         $198 64
Interest accrued on bonds .......................            4,5922 9:


$582,413 47


Total .   ........................................................  5,121
56
Market value of bonds and stocks over book value ....       ..........  3,796
51
Gross assets ..........................................         $591,331
54
DEDUCT ASSETS NOT ADMITTED.
Agents' balances, representing business written prior to October 1,
1912 .............................................................      
67 05
Admitted assets ............     .................................  $591,264
49
LIABILITIES.
Gross losses adjusted and unpaid, not yet due .....      ...............
 $19,085 00
Gross premiums (less reinsurance) received and receivable upon
all unexpired risks running one year or less from date of policy,
$390,103.38'; unearned premiums (fifty per cent) ...... . ...........  195,051
69
Dividends declared and unpaid to policyholders (including all un-
paid dividends on terminated policies whether renewed or not)         2,509
51
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  
 200 00
Estimated amount hereafter payable for federal state and other
taxes based upon the business of the year of this statement   ....    5,000
00
Commissions, brokerage and other charges due or to become due
to agents and brokers ...................                             1,178
04
Return premiums ..............      ................................... 
 584 12
Total amount of all-liabilities .......    .......................  $223,608
36
Sorplns   .   ..........................................................
 367,656 13
Total liabilities and surplus ......     .....................  $591,264
49