410


EQUITABLE FIRE & MARINE INS. CO.
UNDERWRITING AN\D INVESTMENT EXHIBIT-Continued.


I                                                            I


Agents' balances and bills
receivable not admitted
Dec. 31, end of the year.  3,400 89 ..............
Loss  from   above ......... .804........... 804651
Loss from underwriting  profit and, 11
loss items ..       ....... *.-..........
Underwriting income earned during|
the year ...                     ..............


I. . ... . . . . . .
.         I .. ........       ..  ..
. . . . . . . . . . I . . . . . . . . . . . . . .
I


876 81!..............


LOSSES.
Losses paid ..........................
Deduct unpaid losses Dec. 31 of pre-
vious year .........................
Balance ........................
Add unpaid losses Dec. 31, end of the
year ................................


$319,576 25..
. 52,678 211 .
$266,898 041.
51,070 081..............
1-1


$508,892 789
1. -   -   --. ..
1..............
I  ...........  .  . *
I . . . .. . .


Losses incurred during the year .......                  $317,968.12! ..............
I              I
UNDERWRITING EXPENSES.                             I
Underwriting expenses     paid  during
the year ............................    $206,614 781 .........     1
Deduct underwriting expenses unpaid!                  I
Dec. 31 of previous year .........         19,000 001 ...........  I
Balance ....                     1   $187,614 781 ....   .... 1
Add   underwriting, expenses    unpaid!                             I
Dec. 31, end of the year.............1     21,000 00! .......       I-.-.-
*                       ~      ~     ~~      ~        ~~~~~~~~~~I -I
Underwriting expenses incurred dur-!
ing the year ........................          .....     208,614 781............
Underwriting losses and expenses              .      .     ..........   
526,582 90
I              I             I            _
Loss from   underwriting   during   thel              1
year .I .....                                                          $17,690
11l
INVESTMENT EXHIBIT.              I
Interest and Rents.           I
1              1-
Interest,  dividends   and   rents  re-I
ceived during the year .............. I   $47,635 731..............I
Deduct interest, dividends and rents!                 1
accrued Dec. 31, end of the year....1       8,854 191 ......................1
Balance   ..I..                       $38,781 541: ..... 1
Add interest, dividends and rents ac-1                1             l
erued Dec. 31, end of year .......... 1     7,734 071..............
Add interest and rents paid in advance!               1             I
Dec. 31 of previous year ...... I.......      444 021 .     ... 1
I              I             I
Total ..                         1 $46,959 631.
Deduct interest and rents paid in ad-I                1
vance Dec. 31, end of the year.......I        421 101.
,    ~~                  ~      ~      ~      ~~~~~~~ 1   --I  I
Interest and rents earned during thel                 1
year ............................... I.............. 1  $46,538 53!.