1144     CENTRAL MANUFACTURERS MUT. FIRE INS. CO.


CENTRAL MANUFACTURERS MUTUAL INSURANCE
COMPANY
Van Wert, Ohio.
Ilome Office, 122-124 WEST MAIN STREET.
[Incorporated April 7, 1876; commenced business October 2, 1876.]
Date of admission into Wisconsin July 1, 1894.
President, HI. V. OLNEY.                           Vice President, J. P.
REED.
Secretary, C. A. L. PURMORT.
BALANCE SHEET.
Amnount of ledger assets December 31 of previous year ............. $541,558
17
INC'OME.
Gross premiums ........        .............................  $454,940 56
Deduct gross amount paid for return premiums ....        66,390 89
Total Dremiums .$388,549 67
Gross interest on mortgage loans ................ .     $4,207 44
Gross interest on bonds and dividends on stocks, less
$5-726 00 accrued interest on bonds acquired during
1912 .                                                 13,359 00
Gross rents from company's property, including
$1,200.00 for company's occupancy of its own
buildings ............................................  3,051 00
Total gross interest and rents .......    ........................  20,817
44
Total income .    ................................................  $409,367
11
Total footings ............    .............................  $950,925 28
DISBURSEMENTS.
Gross amnount paid policyholders for losses (includ-
ing $19,530.93 occurring in previous years) ........  $192,123 07
Deduct amouint received for salvage, $631.69'; dis-
count, $437.18 .............    .................      1,068 87
Net amount paid policyholders for losses .....      ....       $191,054 20
Expenses of adjustment and settlement of losses .....      ..          1,820
56
C'ommissions and brokerage ...........................                46,009
39
Salaries, $2.580.00, and expenses, $3,172.05, of special agents.       5,752
05
Salaries, fees, and all other charges of officers, directors, trustees
and home office employes..                                          10,744
00
Rents for companv's occupancy of its own buildings ... ..         ..   1,200
00
Advertising. $293.-; printing and stationery, $1,656.23 .. .............
 1,949 49
Postage, telegrams, telephone and express .                            1,213
60.
Legal expenses .........................                  .........    2,518
89
Furniture and fixtures           ....................................
Maps, including corrections .............                               
467 20
Underwriters' boards and tariff associations ......    ................ 
 89 89