1174                 KEYSTONE MUTUAL FIRE IRS. CO.
KEYSTONE MUTUAL FIRE INSURANCE COMPANY
Philadelphia, Pennsylvania.
Homne Office, 925 CHESTNUT ST.
[Incorporated Dec. 20, 1884; commenced business Jan. 1, 1885; admitted Dec.
1, 1912.]
President, F1^. A. )OWNES.              Vice President, JOHN     T. BOTTOMLEY.
Seo etary, AL A. BURGESS.                     Vice President, SAMUEL MILLER.
'Treasurer, F. A. DOWNES.
BALANCE SHEET.
Amount of ledger assets Dec. 31 of previous year ..       .................
     02
INCOM'VIE.
Gross premiums ............      ..........................  $386,359 27
I)educt gross amount paid for return premiums .......      40,033 38
Total premiums ............. .................................. $346,325
89
Gross interest on bonds and dividends on stocks, less
$925.45 ac(rued interest on bonds acquired during
1912  ...............................................    $12,684 15
Gross interest on deposits in trust companies and
banks ..............................................         916 26
Total gross interest and rents ................................    13,600
41
Gross profit on sale or maturity of ledger assets: Bonds ...........    
  100 2 5
Total income ..........$ ,360,032 55
Total footings ...............    ..........................  $723,527 17
DISBURSEMENTS.
Gross anmount paid policyholders for losses (including
$1,413.05 occurring in previous years) .....  ..........  $23,370 94
Deduct amount received for salvage ..................          43 64
Net amount paid policyholders for losses .       .     .0.................
 $23,37   ?(
Expenses of adjustment and settlement of losses ..65 65
Salaries, fees and all other charges of officers, directors, trustees
and home office employes .........     ............15,23                
      6
Rent9s .......924.........................                              
    920 40
Advertising .................... ........................               
   7.37 45
Postage, telegrams. telephone and express              .        .       
   401 81
Furniture and fixtures ........................................         
   285 231
Fire department. fire patrol and salvage corps assessments, fees,
taxes and exnenses          ..............................................
 27S 82
Tnsneetions and surveys ...........................................     
 4,062 00
State taxes on premiums .       ...............................         
   858 5.9 3
Insurance department licenses and fees               .         .        
   292 10-
All other licenses. fees and taxes: Federal corpoartion tax .     ....  
 5,582 1.5
Other disbursements:
Traveling, expenses .........     .......................  $89 i) S5
Auditors   .......     ...................................     260 00
Miscellaneous items ...............................         516 00
1,666 85