Annual Statement, December 31, 1933

ASSETS                                                                                    LIABILITIES
 

'Bonds and Stocks.....$48,715,404.00

Real Estate.......1,738.170.71

Premiums in course of coUection (not overdue)   .       2,279,103.44

Interest and rents accrued     .        .        ,        .         ,        156,599.15

Cash on deposit and in office     ....      2,641,793.04

Total Assets                             $55,531,070.34

•Valuations on basis approved   by National Convention
af   Insurance Commissioners.

fContingency Reserve, representing difference between value carried
in asset! and actual December 31, 1933 market quotations on
all bonds and stocks owned.
 

Unearned premium*

Losses in process of adjustment
Reserve for taxes and expenses
Reserve for dividends
Reserve for all other claims
+Contingency reserve

Cash Capital
Net Surplus

Policyholders' Surplus
 

.      $16,491,942.33

.     .       2,684.989.51
.     .          557,500.00

.     .          831,556.00

.     .        1,400,000.00
5.871,467.10

$ 3,464.824.84
24.228.788.50
 

27,693,613.34
$55,531,070,34
 

INCOME AND PROFIT AND LOSS ACCOUNT FOR YEAR ENDING DECEMBER 31, 1933

INCOME:

Premiums............................................................................................................................................... $    14,

Interest, dividends and rents...............................................................................................................

Decrease in unearned premium reserve.............................................................................................

Profit on sales of stocks and bonds (net*........................................................................................,,.

Increase by adjustment in market value of stocks and bondt (net)....................................................
 

DISBURSEMENTS:

Losses.......................................................................................................................$    7,758,104.46

Expenses.................................................................................................................    6,536.995.96

Cash dividends...........................................................................................................    1.663.071.00

Increase in voluntary reserves......................................................................................       436,039.57
 

$ 27
 

,845,696.33
,068,368.19
S53.81S.70
960,719.00
343.879 55
772,481,77
 

16.394.210.99
 

Increase in surplus .........................................................................................................                        $   11 378 270 78

Net surplus December 31, 1932 ......................................................................."!."!!!...........................       12*850 517 72

Net surplus December 31, 1933...........................................................................................                    $  24 228 TS^^O
 

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AMERICA    FOB.E