NATIONALE PIRE INS. CO.
tNDE111171 JI'TTI NG AND INVESTMENT EXHIB IT-Continued.


963


LOSS ON INVEST'M\IENTS.
Loss from  change in difference be-1
tween hook ain  maiket value (11ii-1
ing the year ........................ ..............
INVESTME'NT EXPENSES.         1
Investment expenses paid during thelI
year ...........I" ................  ..*.l
Investment losses and expenses duringl
the year .........               .
Gain from investments during   thel
year ....                    . .


,$14,2)00 001........
I
I
I
646, 1001..............
_           I
.......... ...... 114,856 10
I     $   , 5
56      1  1.............. ..... 8455
________~~~~~~~~~~~~~~~~~~~~~~~~~~~~~I_____




- - - - - - - -1- - - - - - - --


MISCELLANEOUS         EXHIBIT.
Remittances to home office............
Loss from   above .....................
Total gains and losses in surplus dur-
ing the year ........................
Surplus 1)ec. 31, 1911.................
Surplus Dec. 31, 19121.................
Decrease in surplus during the year..
Totals ..........................


1   Gain in    I  Loss In
*   Surplus.   I   Surplus.
.............. .... ..........    $40,000  00
.~................               $40,000 00
............ I...        . 1$8.465 571  $70,579 29
$457,678 7-31 ........I
83!)5, 565 Oil ..............I.............
-i               I
........ ......162 ,113 721   .
........I.....     $70,579 29!   $70,579 29
l  ~      ~       ~~      I


Per cent of losses incurred to premiums earned. .67.
Per cent of underwriting expenses incurred to premiums earned, .507
Per cent of investment expenses incurred to iiiterest and rents earnled,
.028.
Per ceiit of total losses and expenses incurred and dividelirds declared
to total
ineome earned, 1.03(6.