REPORT OF THE COMMISSIONER OF INSURANCE.


93


Income
Gross premiums written ......    .........  $319, 602.86
Less return premiums .....     .......   23,379.76
Net premiums .......        ....................  296,223.10
Interest received on bonds less $6.95 interest accrued
on bonds purchased ........      .....................    8,864'. 05
Interest received on deposits in trust companies and
banks .      ..................1...................        1,308.77
Refund American Reciprocal Association ............               83.68
Decrease in Attorneys' commission on uncollected pre-
miums .     ........................................       1,492.56
Total income ...........     .....................   $307,972.16
Sum carried forward ....................     $2,176,703.44
Disbursements
Gross amount paid policyholders for
losses .............     ...          $29,159.44
Less salvage .......    ..............       44.28


Net 1i
Expenses of
Commission
Expenses oi
Fire Depart
State taxes
Insurance DI
American E
Exchange
Advisory C4
Auditing bc
Premium o
Miscellaneoi
Surplus ear
Payments t(
Total


csses paid ...........                           $29,115.16
adjustment of losses ....................           352.53
paid attorneys ..........   ................     49,432.97
f attorneys ................................         276.44
ment and Fire Patrol ....................          2,565.20
on premiums ............................             754.42
)epartment licenses and fees ..............          101.00
reciprocal Association .......  .............      2,987.50
.........................................       .     .........68.44
)mmittee expense .........    ...............      1,610.00
oks .                                               200.00
n bonds .................................            200.00
is expense .........................,.2.50
nings paid to policyholders ..............      322,962.86
withdrawing policyholders ..............        34,508.93
disbursements .........     ................   $445,137.95
Balance .................................    $1,731,565.49
Ledger Assets


Book value of bonds...............................
Cash deposited in trust companies and banks:
U. S. Trust Co., Trustees' Acet. Ctf ....  $150,000.00
U. S. Trust Co., Trustees' Acet. Dep ....  108,000.00
Farmers' Loan & Trust Co., Trustees'
Acet. Ctf .............. ............  150,000.00
Farmers' Loan & Trust Co., Trustees'
Acct. Dep ..........  ..............   105,000.00
Union Trust Co.,' Trustees' Acct. Ctf...   150,000.00
Union Trust Co., Trustees' Acct. Dep......  105,000.00
Bankers Trust Co., Trustees' Acct. Ctf. .  150,000.00
Bankers Trust Co., Trustees' Acct. Dep.    105,000.00
Central Trust Co., Trustees' Acet. Dep.    230,035.84
Chase National Bank, Attys' Acct. Dep.       5,878.11
Uncollected premiums less 15% commission allowed at-
torneys ..........................................


$472,391.24


1,258,913.95
260.30


Total ledger assets .        ............... ,,,,,,I,     $1,731,565.49