APPENDIX VII.

Financial Statements of the Chattel Loan Association of Balti¬
more City:

1907.

For year of September SO, 1907.—October 1, 1906, to September 30, 1907.

JEJarnings year ending September SO, 1907:

From Fees    ...................................                      $7,407.17

"      Interest    ................................                        2,571.84

Interest on Extensions...................                           463.15

"     Recording  risk   .........................                           633.60
 

Gross   Earnings   ........................                     $11,076.76
 

Printing and Stationery Acc't............      $270.89

Expense    ...............................        625.94

Stamp    .................................        107.16

Legal   Expense   .........................        277.05

Advertising    ............................     1,233.66

Salary    .................................     3,554.00

Rent    ...................................        684.00

Cartare   ................................         91.74

Loss    ...................................        409.95

Insurance   ..............................        105.91
 

Expenses exclusive of taxes..............     7,360.30

Taxes    ...................................        205.16
 

Gross  expenses.........................   $7,565.45

Dividend No. 15, paid April, 1907.........     1,692.63

Available for Dividend No. 16............     1,538.75

Added to undivided profits___...........        278.93

$11,076.76