AGRICULTURAL INS. CO.


253


UNDERWRITERS AND INVESTMENT EXHIBIT-Continued.
MISCELLANEOUS        EXHIBIT.                         Gain in        Loss
In
Surplus.        Surplus.
Dividends declared    t. .,,,jekhold-
ers during the year                      .            .              $75,000
00
Netlaoss from tabove .        ..............  ..............   $75,000 00
Total gains and losses in surplus
during the year ................       ..........    $206,135 98     $75,000
00
Sur-plus  Dec. 31, 1911 .............  $1,262,815 539 ..............  ..............
Surplus Dec. 31. 1912 ...........      1,393,931 17 .............. ................
Increase in surplus during the year .        ...........................
 131,135 98
Totals ..      .   ........ .    ..            $206,135 98     $206,135 98
Per cent of losses incurred to premiums earned 51.2.
Per cent or underwriting expenses incurred to premiums earned 43.5.
Per cent of investment expenses incurred to interest and rents earned 4.49.
Per cent of total losses and expenses incurred      and dividends declared
to
total income eained 992.7.