1222              NATIONAL MUTUAL ASSURANCE CO.
NATIONAL MUTUAL ASSURANCE COMPANY
Philadelphia, Pennsylvania.
Home Offlce, 925 CHESTNUT STREET.
[Incorporated Dec. :31, 1901; commenced business Jan. 1, 1902; admitted,
Dec.
1, 1912.]
Presidenit, FREDERICK A.DOWNES.           Vice President, WM. H. SHARP.
Secretary, WM. M. BURGESS.
BALANCE SHEET.
Amount of ledger asests Dec. 31 of previous year ................... $114,743
92
INCOME.


{_i\C SL-AIe 1 11 .._'urmsJ~o lJ.-lll ........ $123,448 60
Deduct gross amount paid for return premiums ....      13,989 09
Total premiums ..........      ...      .
'Gross interest on bonds and dividends on stocks, less
$346.12 accrued interest on bonds acquired during
1912.                                                 $3,325 41
Gross interest on deposit in trust companies and
lbanks          .            .319 13
Total gross interest and rents ............
'Gross profit on sale or maturity of ledger ,assets: Bonds...........


$109',459 51


3,644 54
75 00


Total income .     ................................................  $113,179
05
Total footing-s ...............$                                  2..........
 27,9   97
DISBURSEMENTS.


Gross amiount paid policyholders for losses (including
$242.84 occurring in previous years .................$ 8,163 06
Deduct amount received for salvage ...................         14 01
Net amonunt paid policybolders for losses..
ExpDeuses of adjustment and settlement of losses....................
Salaries, fees, and all other cbarges of officers, directors, trustees
and home office employes ...
Rents  ............................................... .............
Rents ...........            ........ .                       .
Advertising, $94.72; printing and stationery, $290.80 ..............
Postage, telegrams, telephone and express..........................
FA urniture and fixtures .............................................
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses.............................................
Inspections and surveys ...........................................
State taxes on premiums...........................................
Insuraince (lepartmneit licenses and fees.............
All otber licenses. fees and taxes: Federal corporation tax.........
Other disbursements:
Traveling expenses .....           .............            $484 03
Auditors ...................                                 160 (0
Miscellaneous       ......................................   312 5,3


$8,149 05
322 41
6,441 17
566 40
385 52
.,0 12 65
1735 59
I,278 630
.26 00
1  )    9
1G 0 nn
1,664 49


Dividenids to policyholders .........  .......................          
85,786 50
Agents balances clbarged offf.48 ..8...............                     
   481 38
Gros~s loss On1 sale or maturity of ledger assets: Bonds .............  
 90    00
Total disbursements .........       ................................  $106,508
86
Balance ................................................. $121,414 11