372


COMMONWEALTH INS. CO.


UNDERWRITING- AND         INVESTMENT       EXHIBIT-Colntinued.
INVESTMENT EXHIBIT
Interest and Rents.
Interest, dividends and rents received1
during the year ..............1.         $1,04,147 011 ........     1
I)eauct intecest, dividends and rentsj
accrued  December 31, end of thel                                 I
yea    ....       .    ......              14,607 41 .      ........ I..............
Balance       .       ...........     $89,539
Add interest, dividends and rents ac-                 I
crued December 81, end of the yearl        10,801 941 ...........  1
Interest and rents earned during the|l
year .*                               .............. 1  $106,341 541.......
  541
PROFIT ON INVESTME14,NTS.
Gain from   sale of ledger assets   .     .I............   19,173 131.
I              I             I
Investment income earned during thej                  I             I
year .                                        ...   .                 $125,514
07
LOSS ON INVESTMENTS.                             I
Loss from sale of ledger assets .... 1       $2,450 OQ°1. ...........I..........
Loss from    change in difference be-                 1
tween book and market value dur- I                                I
ing the year .......................1      54,136 771 .......       1
I              I
INVESTMENT EXPENSES.
Investment   expenses    incurred  and|
paid during the year ..........                           2,963 451.
Inivestment losses and expenses dur-j                               I
ilug the year ......................... I.......... . ... ..............
 59,550 22
I              I       .     I       '    -
Gain   from  investments   during   thel              I              I
year .............................. ..                                 $
...........  $65,964 45
I~~~~~~ == = = =-=     =   1=-=
MISCELLANEOUS EXHIBIT.                   I          Gain in       I  Loss
in
I              I  Surplus.   I  Surplus.
Dividends   declared   to  stockholders               I             I
during the year .................................................      $50,0
    00
*1             1              1
Net loss from above .                                 .                 $50,000
00
Total gains and losses in surplus dur-|               1
ing the year ...........      ........   .....         $221,931 131 -$5,000
00
Surpllus Dec. 31, 1911 ..........       $1... $1,*006,665 0,01 .. ............
 ......
Sul-plus Dec. 31, 1912 ................... 1,178,596 131 ..........   .
Decrease in surplus during the year ..............I..............1      
171,931 13
Totals         .          ......... ..............  $221,931 131  $221,931
13
Per cent of losses incurred to premiums earned 45.98.
Per cent of underwriting expenses incurred to premiums earned 34.85.
Per cent of investment expenses incurred to interest and rents earned 2.78.
Per cent of total losses and expenses incurred and dividends declared to
total income earned 84.77.