1008


PRUSSIAN NATIONAL INS. CO.


Other disbursements:
Electric lights and repairs .........................       $428 82
Commercial reports ........        .......................   884 50
Water, ice and laundry ............................          312 65
Typewriters and repairs ........... ...............          381 31
Subscriptions to papers and magazines ............           838 65
Insurance club dues ................................          56 25
Miscellaneous expenses . .       ...........................  531 25
Surety bonds .......... X..   ........................       104 6'3
Western Sprinkled Risk Assn ......................         1,000 00
Premiums on insurance .......         ....................    68 07
Petty cash items .........     ..........................    203 02
Paid stockholders for interest or dividends (amount declared dur-
ing the year, remitted to home office)............................
Agents' balances charged off.......................................
Gross loss on sale or maturity of ledger assets: Bonds............
Gross decrease, by adjustment, in book value of ledger assets:
Bonds   ...........................................................


4,809 15
50,000 00
387 89
28 00
975 00


Total disbursements       .................      .......................
$1,111,616 40
Balance .      ................................................ $2,034,411
79


LEDGER ASSETS.
Book value of bonds ............................... - $1,591,983 71
Cash in company's office .................       $90 44
Deposits in trust companies and banks
on interest ............  ...............  140,280 48
140,370 92
Agents' balances representing business written sub-
sequent to October 1, 1912 ..........................    295,802 96
Agents balances representing business written prior
to October 1, 1912 ...............                         6,254 20
Total ledger assets ................    ........................... $2,034,411
79'
NON-LEDGER ASSETS.
Interest due, $4,887.50, and accrued, $10,092.67 on bonds ............  
 14,980 1T
Gross assets ..............     ................................... $2,049,391
96
DEDUCT ASSETS NOT ADMITTED.
Agents' balances, representing business written prior
to October 1, 1912 .................................... 1  $6,254 20
Book value of ledger assets over market value .     .....   80,948 71
87,202 91
Total admitted assets ........................................ $1,962,189
05
LIABILITIES.


Gross losses adjusted and unpaid, not yet due.......
Gross claims for losses in process of adjustment or
in suspense, plus $1,833.00 reserve for losses in-
curred prior to December 31, of which no notice had


$60,222 61


been received on that date .........................    92,060 00
Gross claims for losses resisted ......................   20,326 26
Total .    .........................................  $172,608 87
Deduct reinsurance due or accrued ...................     62.136 55
Net amount of unpaid losses and claims................
Gross premiums (less- reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from  date of policy, including interest
plremiums on perpetual fire risks, $626,235.28; un-
earned premiums (fifty per cent) ....................  $313,117 64


$110,472 32