NATIONAL LUMBER INS. CO.
Advertising, $956.46; printing and stationery, $660.55 ...............
Postage, telegrams, telephone and express........................
Legal expenses ....................................................
Furniture and fixtures ..........................
Maps, including corrections ......................
Underwriters' board and tariff associations......
Fire department, fire patrol and salvage corps assessments, fees,
taxes and expenses ..............................................
Inspections and surveys ..........................................
State taxes on premiums .........................................
Insurance department licenses and fees............................
All other licenses, fees and taxes:
Federal corporation tax ...........      .........       $141 32
State franchise and municipal ....................      1,429 88


661
1,617 01
813 08
419 40
290 15
269 50
1,999 30
1,358 43
905 68
3,071 76
991 715


Other disbursements:                                                    
 1,571 20
General expenses and home office .......       ..........................
 1, 672 74
Paid stockholders for interest or dividends (amount declared dur-
ing the year.) .   .....................................................
 12,000 00
Agents' balances charged off .......................................    
   124 99
Gross loss on sale or maturity of ledger assets: Bonds ............     
    6 2
Total disbursements .........        ...............................  $238,311
93
Balance ................................................    $432,109 10
LEDGER ASSETS.


Book   value   of  bonds,   $240,082.05,  and  stocks,
$22,712.50 ..       ........
Cash in company's office.    ........ .....
Deposits in trust companies and banks
not on interest .........  .............     169 61
Deposits in trust companies and banks
on interest .......                      119,000 92
Agents' balances representing business written sub-
sequent to October 1, 1912.........................
Agents' balances, representing business written prior
to October 1, 1912..................................
Other ledger assets: Reinsured losses and adjust-
ments ..............................................


$262,794 55


119,174 71
48,462 09
837 138
840 17


Total ledger assets ..................


$432,109 10


NON-LEDGER ASSETS.
Interest due, $780.00, and accrued. $1,342.97, on bonds.  $2,122 97
Interest due and accrued on bank balance ...........     1,099 08
Total ........................................................    3,222 05
Gross assets .    ................................................  $435,331
15
DEDUCT ASSETS NOT ADMITTED.
Agents' balances, representing business written prior
to October 1, 1912 ...................................   $837 58
Book value of ledger assets over market value .......    27,114 55
-      27.952 13
Total admitted assets ........................................ $407,379 02
LIABILITIES.


Gross losses adjusted and unpaid, not yet due.......
Gross claims for losses in process of adjustment or
in suspense, plus $1,617.07, reserve for losses in-
curred prior to December 31, of which no notice


$1,357 08


LtLu  been receiveu on that fate .....................   .    17,617 48
Gross claims for losses resisted ......................       3,764 65
Total .   ..........................................   $22,739 21
Deduct reinsurance due or accrued ...................          769 13
Net amount of unpaid losses and claims......................


$21,970 08