266


AMERICAN CENTRAL INS. CO.
UNDERWRITERS AND INVESTMENT EXHIBIT-Continued.


I


INVESTMENT EXPENSES.
Investment expenses paid during
the year .......................
Investment losses and expenses
during the year ................
Losses from investments during
the year ........................


.. .......... 019 51.


..............
i  Gain in
i  Surplus


MISCELLANEOUS EXHIBIT.


Dividends declared to stockhold-
ers during the year ............
Net loss ..................
Total gains and losses in surplus
during the year ..............
Surplus Dec. 31, 1911 ............
Surplus Dec. 31, 1912 .............
Decrease in surplus during the
year ...........................
Totals ...................


.............. ..............
i
............... ..............


252,216 43
$18,248 10
____.
Loss in
I Surplus
$240,O00t 00
$240,000 0&,
$447,954 8a
..............
...............
$447,914 8S


..............
$558,229 9S
410,275 13
,.............


$447,954 85
$447,954 85


_ _-




Per cent of losses incurred to premiums earned 59.54.
Per cent of underwriting expenses incurred to premiums earned 45.57.
Per cent of investment expenses incurred to interest and rents earned 2.64.
Per cent of total losses and expenses incurred and dividends declared to
total
Income earned 105.27.