Indianapolis Times, Volume 45, Number 59, Indianapolis, Marion County, 19 July 1933 — Page 11

JULY 19, 1933.

STOCK MARKET HOLDS FIRM IN : BRISK SESSION Homestake Mining Features Early Trade With Upswing.

Average Stock Prices

average of thirty indu'.i rials for Tue*(Ipi hiun 11 0 Y> low 106 98. la.H 108 87. no 40 Average of twen’v tails 58 88 55 13 53 83 un .33. Average of twenty Utilities 38 43. 37 32 37 51 up .08. Average of fortv bond* 88 07. up .28 Avenge of ten first rail* 93 40. tio .03. Average of ton second rail* 77 58. up .32 Average of un utilities 95 81. up 00. Average of ten Industrials 89.71. un .44. BV ELMER C. WAL/ER United Press Financial Editor NBIW YORK, July 19.—Komestake Mining, an outstanding feature in the gold division Tuesday, spurted 4 < points to a record high at 274 4. nt the opening Jn the Stock Exchange today. The main list was steady with volume large. Other mining issues were active and strong with Anaconda at anew 1933 top at 22 1 , up V* on 7,500 shares; Kennecott at anew top of •25 • a , up U on 2 500 shoves; and Plieips Dodge at anew high of 18%, up •?* on 3,500 shares. Cerro De Pasco, an exception, eased % to 41% on 3,000 sharer The first sale of Standard Brands was 10,000 shares at 34%, off U and was followed by 5,000 at the same price. United States Steel common stock opened at 66%, up on 2,000 shares. Other steel issues were firm. Steel operations tapered off this week to 58 per cent of capacity, against 59 per cent a week ago. This was the first letup in a rise tiiat started from the 14 per cent of capacity reported on March 21 and was caused in part, according to the Iron Age, by a dip in demand from automobile makers.

Bank Clearings

INDIANAPOLIS STATEMENT - July 19 - Clearings .... ... $1,970.000.00 Debt's 5,071.000.00 TREASURY STATEMENT -July 19 Net halam e for Julv 17 SB4B 027 558.53 Ini Rev. Reds, for dav 4,238,496.04 Customs reels, mo. io date 11,809.723.15 New York Curb .Bv Abbott. Hoppin & Cos.) Julv 18 Closej Close. Alum Cos of Am 86 'lrving Airchute. 6% Am Bev 3'iliitl Pirol 18‘: A Cts P Sr Lt B s%'l.ake Shore Ml 4* Am Cyan B . . 13%Lone Slar Gas. 11% Am A: For Pwi. 12',.Mount Prod .... 6% Am Gs S r Ri.. 44%'Natl Bellas Hess 4% Am Sup Pwr . 7%'Nia* Hud Pwr... 13% Ark Nil Pwr A . 2% Pan Am Airways 55 Ass Gas A .. 1% Parker Rstprf.. 67% Atlas Ut Orp . l6%[Pennroad 5 Braz Tr S-. Lt. 16’.1 Pioneer Gld Mi 15 Can Marconi ... 3%'St Regis Paper . 7% Cent S's El . . 3% Salt Creek Prod 7% Cities Serv 4’.!lSegal Lock 1% Comm Edison .. 70 IStti Oil of Ind.. 33% Cord 14% Stri Oil of Kv.. 18% Derby Oil ... . 2%'Stutv. 19% Bister Elec ... . l%|Translux 3% El Bud e Bh. . 38%limited Founders 2% Ford of Eng ... 6%[United Gas .... 5% Ford Mot Can. 19% Un Lt Sr P A.. 7% Hudson Bav Mm )l% : (!nUed Verde ... 5 Imperial Oil ... H'VWright Hargrave 7% Liberty Bonds NflW YORK. Julv 18. -Closing liberty bonds: (Decimals represent thirty-seconds.) Tiiborlv ViS 132-47 102.23 Liberty Ist 4%s (32-47* 102.1 Liberty 4th 4Us (33-38) . .. 102.27 Treasury 4!Js *47-52) . 110.4 Treasury 4s (44-34) 106.8 Treasury 3 a is (46-56) 104.29 Treasury 3Us (43-47) 102.18 Treasury 3-Us (41-43* March 102.12 Treasury 3- ! h.s (40-43• June 102.11 Treasury 3’ss 146-49* 100.12 Treasury 3r> (51-55) ... 99 2

The City in Brief

THURSDAY EVENTS Advertising; i'lub, luncheon, Columbia Clb. tngineering Society, luncheon, Board of Trade. lndiAiiajinli* Conference of Bank .Auditors. dinner, Washinrtnn, 6:30 p. ni. Recreation Club, luncheon, Washington. Sigma Chi. luncheon. Board of Trade. American Business Club, luncheon, Columbia Club. Acacia luncheon. Harrison. Illini Club, luncheon, Columbia Club. Real Estate Board, luncheon, Washing to n. Sigma Nil. luncheon. Washington. “Summer Garden Night” will be observed Friday night at the Athenaeum with dinner and dancing. Adam Hildebrand. 45, of 6326 ■Washington boulevard, was arrested Tuesday at Keystone avenue and Thirty-eighth street, charged with driving while drunk. Fourteen former members of Company C, Three hundred fifteenth ammunition train, connected with the Ninth division of the A. E. F. held a reunion Tuesday night at the home of Samuel O'Connell, 134 Bancroft street. Consuela Bruce, 2. of 2060 North Olney street suffered a slight brain concussion when she fell after breaking away from her mother, Mrs Edna Bruce, on East Washington street, Tuesday night. T.ouis Kaufman, 63, of 222 North Richland street, was treated at city hospital Tuesday after taking a spoonful of poison, according to the police. Police have been asked to find Elizabeth Dahl. 15, of 614 North DeQuincey street, who was reported missing Tuesday by her father, Harry Dahl, who told police that this is the third time the girl has left home. Flank Simons. 24, of Springfield, 111., was arrested Tuesday alter a counterfeit 50 cent coin had been tendered to A. L. McDuffie of 25 South Delaware street. Simons is charged with vagrancy and held under high bond.

H e Offer For Speculative and Investment Possibilities International Shoe Company Common Listed New York stock Exchange Long’ Island Lighting Company Common Listed New York Curb Exchange National Bellas lless, Inc. Common Listed New York Curb Exchange hrank Fehr Brewing Cos. Participating Preference Listed Chicago Curb Exchange The Muessel Brewing Cos. Common Listed Chicago Curb Exchange Orders Promptly Executed at Market T. P. BURKE (Sc COMPANY, INC. Investment Securities Circle Tower Telephone Riley 85,*16

l odav and 'Tomorrow — Responsible Men in All Quarters of the Globe Are Watching Roosevelt's Experiments. BY WALTER LIPPMANN

DURING my voyage home from the London economic conference I hive been trying to sore out and arrange the many different views and impressions which I gathered in Europe. A great conference is not unlike a first night on Broadway; not infrequently the audience is more interesting than the play, and what is said in the lobbies is more to the point than what is said on the stage. Certainly that was

true in Ixmdon. It was obvious from the star, that the authors had provided a plot that not even they found verv interesting, and as for the actors, it was only too painfully evident that they never had a full-dress rehearsal. Yet there were collected in London a very large number of eminent men, and in the long intervals while they waited for the committee on committees to choose the subcommittee to which the latest proposal to form a committee was to be referred, there was a large amount of honest and penetrating discussion of the real questions which troubled mankind. It is in this exchange of ideas, though they have produced no immediate practical result, that there is a certain compensation for the time and energy and money spent on bringing the conference together.

From listening: to conversations here and there, my most definite impression is of the intensity with which responsible men from all quarters of the globe are watching the course of events in the United otd tes. _

Their interest is comparable only with that which for years has centered in the Russian experiment. Yet it is of a different sort. What has been happening in Russia has touched the greater part of the world through its mind and its emotions. The American experiment touches it immediately and vitally in its ordinary affairs. This direct impact of American events, due to the immense weight of the American economic system, has made these events the central fact in contemporary history. Rightly or wrongly, men feel that their own destines are bound up with our success or failure. I can find in all countries men who are enthusiastic for the Roosevelt policies, and also, of course, men who are absolutely certain they must fail. But by far the largest number of men I met were in a mood which might be described as one of anxious fascination, not unlike that in which they might watch some one crossing a chasm on a tight rope. On the whole, they seemed io agree that the chasm had to be crossed and that our tight rope was the only way there was to cross it quickly. They desperately hope we shall cross, not because they are excessively benevolent, but because they do not wish to feel the effects of a bad accident. n tt ft BECAUSE of rheir intense preoccupation with our experiment they are not really any more ready than we are to discuss questions which can not be settled intelligently until the result is known. That is why the conference was stalled from the day it assembled. In the meantime, they are interested intensely in the quality of the men who are advising the President and executing his policies. Some few philosophers here and there protested that this interest in men and specific measures was a misunderstanding of what was happening; their view is that thus far the President has not really used any of his gigantic powers, that he is not inflating, that he is not managing the currency, that he is not running a planned economy, but that all he has actually done is to kick the natural forces of capitalistic recuperation and speculation off dead center by making people feel differently. M tt tt APART from these amiable cynics, one finds generally, I think, a profound conviction that, we are committed to a program which required administrative genius to make it successful. And so every one who is supposed to know what is going on in Washington is eagerly cross-examined about the cabinet and the brain trust and the administrators and coordinators. Since there is no way of demonstrating what the outcome will be. these discussions are necessarily inconclusive. Generally they end with the American wishing lie were back home in the thick of it, for, win, lose, or draw, he would not for the world miss so great an adventure, while the European, who has read a lot about, human enthusiasms, shakes his head and says that he supposes there is nothing for him to do but to wait and see. (Copyright. 1933. bv The Times) Other Gram ST. 1,01)18 CASH GRAIN By hinted Press ST. LOUIS. July 18 Cash grain: Wheat: in Rood demand, steady to 2%c lower: No ) red winter, $1.17® 1.18: No. 2 red $115% J'IJL No. 3 red. $1.15*1.16: No. 4 red. SI.IS, No. 1 red gralickv. $1.06*1.15: No. 2 r ,? d , garlicky, $1.05%5r 1.14: No. S red garlicky. $1.15%: hard wheat 2'>c to 4c lower: No. 1 hard, $1.13; No. 2 hard, *1.12* I - , 1 ?,?- No. 3 hard. $1.11%; No. 1 mixed. Sl. l2’ J: No. 2 mixed. sl.l3 5 1.14. Corn— In good demand, 2 to 3c lower; No. 2 mixed 61%c: No. 1 yellow 62%c; No. 2 vellow. 61 %©62%c; No. 3 yellow. 61 tic; No. 4 yellow. 60%c: No. 1 white 63%c; No. 1 white 63%c: ..o. 2 white. 63%c; No. 3 white. 62c. Oats—ln fair demand: 1 to l%c lower; No. 3 white, 45%c: No. 1 mixed. 44c; No. 2 mixed, 44c; No. 1 red 44’j* 45' jc. TOLEDO CASH GRAIN By 7 niled Press TOLEDO, July 18. —Cash grain close: grain in elevators, transit billing: Wheat - No. 2 red $1.13%© 1.14%c: No. 1 red, l%c premium. Corn—No. 2 yellow, 68%©69%c Oats—No. 2 white. 50*51c. Rve—No. ~2. $1.03* 1.04. Track prices. 28* ic rate: Wheat—No. 1 red. $1.09*1.10: No. 2 red *l.OB*l.PR 1 2 . Corn—No. 2 yellow, 64©65c; No. 3 yellow. 53*540. Oats—No. 2 white. 47©48%c: No. 3 white, 46%©48e. Toledo seed close: Clover—Cash $7.75©88: October. sB*B 508. Alsike—Cash, $7.75* SB: August. $8*8.508. Toledo produce close: Butter- Fancy creamerv. 29c. Eggs Extras. 14* 15c. Hay—Timothy per cwt.. 70c.

Lippmann

Produce Markets

Indianapolis prices: Hens. 7e V iwu? s oV e? r , 4 ’-i lb *~ 10, ' : Leghorns. 1 ?/. oi,ers - Colored springers. l% lbs. ift. (L on ngers (Leghorni. 1% lb*, up. I 7c: _. docks and stags. 6c: Dwh i.,. 1 11 * n<1 , .Leghorn stags. sc. over*? hUe - fu fJ iea>nerea and fat. Geese 4 (h ' J'l sn l all colored. 3c. oeese, lull feathered and fat, 3c. Young guineas, 20c; old guineas. 15c. Eggs—No l ;.it‘l h J: oUntrv nln eggs. 12c. Each full egg of 55 lbs : *, r , oss: a deduction Lv m v. lb ' CRcn ih - under 55 lbs. No 1 lit J - the Wadley ,7 Sompanv. rfat - 21t Quoted * BY UNITED PRESS CHICAGO. July 19.,—Eggs . Market steady, prices unchanged; receipts 7 657 cases; extra Arsis, 15*15',ic: firsts 14® ii < r„ cu^ e !?. t receipts. 12©13%c; dirties 11.<c. Butter—Market, easy, prices %c to rece 'Pts. 10 449 tubs; specials, .extras. 24%c: extra firsts. 23v.,&24) <C ; firsts 22%©3Jc; seconds. 20% *2ly 2 c; standards. 24%c. Poultry—Market. steady; receipts 39 trucks; fowls, J. 2 zc; Leghorn broilers. 10%©Uc: Leghorns, 9c: ducks. 7©9c; geese R*;lo'--turkeys, 10ft lie; roosters, 8c- broilers 12* iß.zc. Cheese-Twins ir?it& X4c; longhorns. 14'@14'2C. Potatoes—On track 376arrivals. 112: shipments, 323: market weak and unsettled: Kansas and Missouri sacked Cobblers, $2 30*2.60; Virginia sacked $3 > 75 lerS ’ Idaho sacked Russets, U S Elec Light. Sr Power “A" .. 17.00 Universal Trust, Shaves 3.40 3.50

Investment Trust Shares

By Abbott, Hoppin & Cos. - July 18 -

American Bank Stocks Corp..., 1 28 142 American Sr Gen Sec. “A” 5.50 625 Basic Industry Shares 3 80 British Type Inv Tr Sh 85 95 Collateral Trustee Shares • A”.. 5.37 575 Corporate Trust Shares iold■ . 2.46 Corporate Trust Shares (new 267 274 Cumulative Trust Shares 4.65 Diversified Trust Shares “A 6 50 Diversified Trust shares "B" . 912 937 Diversified Trust Shares ‘ C . 3.60 367 Diversified Trust Shares "D". . . 5.87 612 First Insurance Stock Corp 1.59 1.87 First. Common Stock Corp . 1.22 134 Fixed Trust Oil Shares "A"... 9.62 . Fixed Trust Oil Shares "B 4.25 . Fundamental Trust Shares 'A" 4.62 Fundamental Trust Shares "B ’ 4.50 Low Priced Shares 7 2.6 Mass Inves Trust Shares 20.72 22.49 Nation Wide Securities 4.02 N Amer Trust Shares 11953' . 2.06 N Amer Trust Shares (55-561... 2.83 3.05 Selected American Shares 3.09 Selected Cumulative Shares .., 7.80 790 Selected Income Shares 415 425 3td Amer Trust Shares 3.40 350 Super Amer Trust Shares "A”. 3.38 Trust Sharees ol America 3.35 341 Trustee Std. Oit “A” 5.55 570 Trustee Std. Oil "B ’ 5.05 5 20

Indianapolis Cash Grain

—luly 18— The bids for car lots of grail at the call of the Indianapolis Board of Trade, f. 0. b., shipping point, basis 41% New York rate, were: Wheat—Easy; No. 1 red. SLOS<bLO6: No. 2 red. $1.04©1.05: No. 2 hard, *1.05(5-1.06. Corn- Weak: No. 2 white, 59%r60%c; No. 3 white. 58%(fT59%c; No. 2 vellow, 57%<55*%c; No. 3 yellow. 56% 557%c: No. 2 mixed, 56%©57%c; No. 3 mixed, 55%@ 56%c. • Oats—Easy: No. 2 while, 43@44c: No. 3 white. 42<543e. Hay—Steady: (f. o. b. country points taking 23%c or less rates to Cincinnati or Louisville. No. 1 timothy. $5.50©6; No. 2 timothy. $5©5.50. —lnspections Wheat—No. 1 red. 85 cars; No. 2 led, 37 cars; No. 5 red. 2 cars; No. 1 haid, 33 cars; No. 2 hard, il cars; No. 3 hard, 2 cars; No. 1 mixed, 8 cars; No 2 mixed, 7 cars. Total, 175 cars. Corn—No. 2 white, 3 cars; No. 3 white, 4 cars; No. 4 white, 3 cars; No. 2 yellow, 55 cars; No. 3 yellow. 15 cars; No. 4 yellow, 6 cars; No. 5 yellow. 3 cars; No. 6 vellow, 2 cars; sample yellow 1 car; No. 3 mixed, 2 cars; No. 5 mixed, 1 car; sample mixed, 1 car. Total, 96 cars. Oats—No. 2 white, 11 cars: No. 3 white, 16 cars; No. 4 white, 2 cars; sample white, 1 car. Total,' 30 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paving $1.03 for No. 2 soft, red wheat. Other grades on their merits.

Daily Price Index

By I niled Press NEW YORK. Julv 18 -Dun and Bradstveet s daily weighted orice index of thirty basic commodities, compiled for the United Press: .1930-1932 Average. 100.1 Today 113.52 Mondav 112.79 Week ago 108.33 Month ago 92.66 Year hro A 74.83 1933 High (Julv 18) 113.52 1933 low (Jan. 20( 67.88 Copyright. 1933. by Dun Bradstreet. Inc.

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THE INDIANAPOLIS TIMES

LIGHT SELLIN6 FORCES WHEAT PRICES LOWER Restriction Is Placed on Barley to Prevent Wifd Swing. BV HAROLD E. RAINVILLE United Press Staff Correrpondenl CHICAGO, July 19 —Wheat broke fractionally as the Board of Trade opened today, declining % to % cent under an accumulation of profit-taking selling. News generally was good, with the weather in the northwest unchanged and Liverpool stronger than due, but support, was slow in appearing at the start. Bariev Trade Restricted The restriction placed on barley was a factor, that grain opening % to % cent lower. Dry weather aided the coarse grains to show firmness; corn starting % to V-t cent higher, rye 'is to % cent higher and oats unchanged to % cent higher, although trading was rather light. Provisions were steady. Wild markets continued Tuesday, particularly in barley. Asa result, directors placed a limit of 5 cents either up or down for that grain effective today to prevent the unmanageable advances of 19 cents such as occurred Tuesday. Liverpool was 1% to 1 lit cents higher at midafternoon. Little Rain Received Contrary to the forecast, the corn belt received very litrle rain Tuesday night. Receipts are running large, and the hedging of t his grain is having a weakening tendency on the futures. Sporadic buying by commission houses recently has failed to move oats, although the situation is very bullish. Rye followed barley and was firm throughout the session. Chicago Primary Receipts -July 18--Last Today Week Wheat 1,167,000 1,043.000 Corn 1.644 000 1,312,000 Oats 320,000 425,000 Chicago Futures Range —July 19WHEAT— * Prev _ Higl*. I,ow. 11:00. close'. September ... 1.17% 1.15% 1.16% 1 17 8 i December ... 1.20% 1.19% 1.19*4 120*4 Mar 1.35 1.2314 1.2314 1.25% COHN— September ... .70 .69 . 69*4 .6954 December ... .75 .73% .74 74% May 80% .79*4 .79% 17974 OATS September... .48% .47% .47% .48% December ... .51% .50% .50% .51%' RYESeptember .. 1.05% 1.04% 1.04% 1.05 December ... 1.11% 1.07% 1.10 1.10% BARLEY— September 85% December ... .88% .87 .37 .90% BELLIES - September ... 8.35 8.80 October ... 9.12 9.10 CHICAGO CASH GRAIN * By Untied Press CHICAGO. Julv 18.— Cash grain close: Wheat—No. 1 red. $!.13%@1.15: No. 2 red. Sl.ll%©)1.14 3 4: No. 3 red weevily, 51.1374; No. 4 red. $1.12%: No. 1 hard. $1.14%*) 1.16: No. 2 hard. *1.12®1.15: No. 3 hard. $1.04; No. 1 dark. hard. $1.16: No, 2 dark hard. $1.15: No. 2 yellow hard. *l.l4Vi: No. 3 vellow hard. $1.12%: No. 2 mixed. 51.1201.13 Va No. 2 hard weevilv, $1.0*01.11; No. 2 vellow hard, smutty. *l.ll. Corn—No. 2 mixed. 02%@>64c: No. 3 mixed. 61 Vi@63c: No. 4 mixed. 60*4061c: No. 1 vellow. 64%c: No. 2 yellow. 63*/ 84%c: No. 3 vellow. 62%©83%c; No. 4 yellow, 61%062%c: No. 5 yellow. 60',i*61c: No. 6 rellow. 56%*60c: No. 1 white. 65 i *65%c: No. 2 white. 64'4@65%c: sample grade. 36@56c. Oats—No. 2 white, 45*; 45%c: No. 3 white. 43@44VAc; No. 4 white. 42 V 2 c: samDle grade. 40c. Rve —No. 4, 96%c. Berlev—6o*)Blc. Timothy—s3.7s® 4 15. Clover—Sß*i 12. Cash provisions— Lard. $7.90: loose. $7: leaf. $7.

In the Cotton Markets

-Julv 18 CHICAGO High. Low. Close. January 12.31 12.13 12.26 March 13.47 12.33 12.44 Mav 12.65 12.50 12.56 July • 11.66 October 12.04 11.38 11.96 December 12.24 12.08 12.16 NEW YORK January 12.25 12.10 12.17 March 12.39 12.21 12.31 May 12.52 12.36 12.46 July 11.61 11.50 11.58 October 12.00 11.80 11.90 December 12.20 12.00 12.09 NEW ORLEANS January 12.24 12 07 12.15 March 12.37 12.26 12.29 Mav 12.50 12.34 32.43 Julv 11.58 October 11.98 11.78 11.88 December 12.18 11.99 12.08 NEW YORK COFFEE FUTURES —July 18— RIO High Low Close March 7.85 7.40 7.80 Mav 8 00 7.50 7.83 July ... 7.01 September 7.70 7.40 7.45 December 7.78 7.70 7.70 SANTOS March 9.98 9.45 9.63 Mav lO.tl 9.85 9.75 July 8.94 September 9.45 9.00 9.08 December 9 80 9.25 9.41 NEW YORK RAW SUGAR FUTURES —July 18 - Hteh Low C'o tp January 1.71 1.69 1.71 March 1.78 1.23 i.(o Mav 1.80 1.78 1.80 July (19341 1.84 1.32 1.84 September 1.61 1.58 1.61 December 1.70 1.67 1.69

Statement of Condition of the STANDARD ACCIDENT INSURANCE COMPANY Detroit. Michigan. 840 Temple Avenue. On the 31st Dav of December. 1932, D M. FERRY Jr.. President. CHARLES C. BOWEN. Secretaiv. . net assets of company ; Cash in banks (on interest I nad not on interest) S 756,512 04 [Real rstate unincumbered. . . t,514,910.55 Bonds and stocks owned 12.095,744.32 1 Mortaaae loans on real esi tate (free from any prior I incumbrance' 10 700 00 Accrued securities 1 interest r S nt *. etc.' 83.786.30 I Other Securities— Other assets . . 315 708 58 Satvaae recoverable 498,683.48 Premiums and accounts due i and in process of cohecI tioa 3.097.495.1* Total net assets $18,383,539.45 LIABILITIES Reserve or amount necessary 'n reinsure outstaodine risks j 6,257.739.52 Losses due sod unpaid 8 293,691.32 Reserve for taxes contingency reserve 500,000.00 i Losses unadiusted and in suspense 291.582.56 1 Bills and accounts unpaid 35 000 00 Reserve for unnaid comm<sI sions. other liabilities of I the company 620 935 05 I Total liabilities .. . $16,012,958.95 Capital . ... 1,213.360.00 j Surplus 1.137,220.50 Total .. *187383.539*45 ! STATE OF INDIANA: Office of Commissioner of Insurance. I, the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the abo\e mentioned Company on the 31st dav of December. 1932 as shown by the original statement, and that, the said original statement is now on file in this office. In Testimony Whereof. I hereunto subscribe my name and affix my official seal, this sth day of Julv. 1933. I Seal] HARRY E. McCLAIN, Commissioner. Statement of Condition of the AMERICAN SURETY COMPANY OF NEW YORK New York 100 Broadway. On the 31st. Dav of December, 1932. A. F. LAFRENTZ. President. S. C. HEMSTREET. Secretarv. Amount of capital paid up...* 7.500,000.00 NET ASSETS OF COMPANY Cash in banks (on interest and not on interest) * 766,094.92 Real estate unincumbered .... 8,300,000.00 Bonds and stocks owned (valued on the basis adopted bv the National Convention of Insurance Commissioners) 12,802,044.48 Accrued securities (interest and rents, etc.) 87,540.56 Premiums and accounts due and in process of collection 1,457.496.96 Accounts Otherwise Secured - Bail bond bureau 3,390.31 Reinsurance receivable (schedule E Col. 1) ...... 83.426.51 New York Casualty Cos. ... 131,893.42 U. S. tax on electricity 1.66 Total net assets $23,631,888.62 LIABILITIES Reserve or amount necessary to reinsure outstanding risks $ 5,865,994.40 Losses due Bod unpaid 1,443.386.83 Losses unadiusted and in suspense 4,164,957.19 Bills and accounts unpaid . 64,533.94 Other liabilities of the company 2.808,349.51 Total liabilities $14,347,221.87 Capital 7,500,000.00 Surplus 1.784,666.95 Total *23.631.888.82 Greatest amount in any one risk $ 1,250.000.00 STATE OF INDIANA: Office of Commissioner of Insurance. I, the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copy of the'Statement of the Condition of the above mentioned Company on the 31st dav of December. 1932. as shown by the original statement, and that the said original statement is now on file in this office. In Testimony Whereof, I hereunto subscribe my name and affix my official seal, this sth day of Julv, 1933. [Seal] HARRY E. McCLAIN, Commissioner. Statement of Condition of the ASSOCIATED FIRE AND MARINE INSURANCE COMPANY. San Francisco. Cai. 332 Pine Street On the 31st Day of December, 1932. C. W. FELLOWS, President. F. M. ROBINSON, Secretarv. Amount of capital pard up $250 000 00 NET ASSETS OF COMPANY Cash in banks (on interest and not on interest) $131,305.06 Real estate unincumbered 50,000.00 Bonds and stocks owned 384 222 61 Accrued securities (interest and rents, etc.) 3,907.16 Premiums ana accounts due and in process of collection 8 775 11 Accounts Otherwise Secured Less due reinsurance comP anles 8 796.32 Total net assets $569 413 62 „ LIABILITIES Reserve or amount necessary to r n l ii su J. e out standtng risks $ 64.626.00 Losses due and unpaid 17 107 u Losses adjusted and not due . . 12,123 00 Losses . unadjusted and in suspense 400 no *nd accounts unpaid 4 305 06 •Other liabilities of the com- 4 ' 305 06 J 45 322 85 tn voluntary reserve of $42 805 60 valued 1 StoCks owned t 0 actu l market 1 Capita l I,abilitie " $143,974.05 PUIS 175,439.57 I STATE OF-INDIANA: ***>luM t t e nP f „ c ? mmiSEi<meJl, Insurance finance of d i’rfri?7 lPd ’ Commissioner of Infvli„u e . hereby certify that the above is a correct copv of the'Sta'e- \ e n ot r be Con dition of the above menDecember 01 ?9 P 3 a 2 ly a<°'l the „ 3lst V of statement’, Tn’d Sfe 1 . , wtt Ili 1 l i hMto-Bb. t ht l, inh y d 1 a a y ra of a Su l v aff^33 nV ° ttlClal ' SCaJ ' ISeull HARRY E. McCLAIN. —— Commissioner. Thf C Conditton of IHE TRAVELERS INDEMNITY „ ~ COMPANY Hartford. Connecticut, rin *i, Main Street. °L E*n mi fit r? a, 7 & 1932. “f* uUMUND Z A CHER PrpsidAnt FRED S. GARRISON.' Secretarv ' °° i c „ j Jn , banks ton interest ! and not on interest) $ 176990014 Bonds and stocks owned . 16 091 393 oh | Mortgage loans on real es- • Io ' UMI S93.OO 1 tate (free from any prior incumbrance' V ' 719 von nn Accrued securities .interest 3 ' 00&0 and tents, etc.i ... 9519346 Premiums and accounts due and in process of collection. 1 851 561 77 Accounts Otherwise Secured • ‘ lowa and Wisconsin licenses 87.00 Total net . .$20,120,434.94 Reserve or amount necessary to reinsure outstanding Losses' "due "•a'„d'"un'paid: 46 ' 318 958 76 losses adjusted and not duelosses unadjusted and in suspense 1 4v ria on Contingency reserve ' 1'627 - 359 on Bills and accounts unpaid... ')s3’7b’<)B Special reserve 2 14l9ea'?o Other liabilities of the bom- " ’ S9 panv 1.106,310.31 Surplus 4.289.107.90 Total *20.120434^94 Greatest amount in any one STATE OF INDIANA : * 1.278.333.00 Office of Commissioner of Insurance I. the undersigned. Commissioner of Insurance of Indiana, hereby certify ihat tl, 1 ® abo , v e is a correct coov of the Stateinent of the Condmon of the above mentioned Comoany on the 31st aav of December, 1932. as shown bv the original statement, and that the said original statement is now on file in this office. In Testimony Whereof, I hereunto subscribe my name and affix my official seal. I this sth dav of Julv. 1933. [Seal] HARRY E. McCLAIN. Commissioner. ! Statement of Condition of' lHfc BALTIMORE AMERICAN INSURANCE COMPANY OF NEW YORK New York „ x, ~5 9 Maiden Lane. J&lf-Tr? 1 n P c C)l>l'. 1932. WILFRED KURTH, President FRANK E. BURKE. V.-P. and Sec. Amount of capital paid up.. .$1,500,000 00 NET ASSETS OF COMPANY Cash in banks ion interest and not on interesti * 727 431 92 Real estate unincumbered .... 122 147 90 Bonds and stocks owned . ... 3,357 835 74 Mortgage loans on real estate .free from anv prior incumbrance. *7 500 00 Accrued securities tinteresi and rents, etc.i . 16 589 43 Other Securities--Collateral loans 5 000 00 ! Ctf. of deDosit-Phiia. Fire 1 1 _ Und. Assn 300.00 I Premiums and accounts due and in process of collection.. 574.736 80 Accounts Otherwise Secured- - Amount recoverable for reinsurance on paid losses.... 29.748 00 Total net assets $4,921,289 79 _ LIABILITIES Reserve or amount necessarv to. reinsure outstanding risks $2.115.1.62.06 Losses due and unpaid . . 5.000.00 Losses adjusted and not due.. 73,302.00 Losses unadjusted and in suspense 222,980.00 Other liabllmts of the company reserve for contingencies 510,000.00 Total liabilities $2,926,444.06 Capital 1.500.000.00 j Surplus 494.845.73 i Total 54.92L289Y9 Greatest amount in any one- - 51,285,000.00 STATE OF INDIANA: Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify tnat the above is a eorrect copv of the Statement of the Condition of the above mentioned Company on the 31st day of December. 1932. as shown bv the original statement, and that the said original statement is now on file in this office. In Testimony Whereof. I hereunto subscribe my name and affix my official seal, this 11th day of Julv. 1933. 'Seal] HARRY B. McCLAIN. Commissioner.

Sta*emeßt of Condition of ♦he NORTHWESTERN NATIONAL INSURANCE COMPANY Milwaukee. Wisconsin 526 Wisconsin Avenue. On the 31st Dsv of December 1982. Si-FRFD F JAMES. President. L. M. STUART. Serretary. Amount of capital paid uo $2 000,000.00 NET ASSETS OF COMPANY Cash in banks <on Interest and not on interest> S 259 046.75 Real estate unincumbered 776 962 72 Bonds and stocks owned . 9.407.380 86 Mortgage loans on real estate • free from anv prior incumbrance) 1,79* 305.00 Accrued securities "interest and rents, etc.) 108,910.53 Other Securities— I Impounded premiums held bv Suor. of insurance. State of Missouri 168 218 51 Reinsurance recoverable on oaid losses 1.417.52 ; Premiums and accounts due | and in process of collection *25 888 97 Total net assets $13.340.968.86 LIABILITIES Reserve or amount necessary Iro reinsure outstanding risk* $ 5 533.892.78 1 Losses adiusted and not due 149.400.64 Losses unadjusted and in sus- | oense 322.849.32 Bills and accounts unoaio 6,396.96 Other liabilities of the comj oany 2 140 802 21 Total liabilities . . $ 8.153,340.91 Capital . 2,000.000.00 Surplus 3 I*7 627 95 Total $13,340 968.86 Greatest amount in any oue „ risk $ 450.000.00 STATE OF INDIANA: Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copv of the Statement of the Condition of the above ’..intioned Company on the 31st dav of December, 1932. as shown by the original statement, and that the said original statement is now on file in this office. In Testimony Whereof. I hereunto subscribe my name snd affix my official seal, this sth day of July. 1933. [Seal] HARRY E. McCLAIN, Commissioner, Statement of Condition of the UNITED STATES FIDELITY A GUARANTY COMPANY Baltimore. Maryland. On the 31st Dav of December. 1932. E. ASBURY DAVIS. President. W. W. SYMINGTON. Secretaiv. Amount of caotial paid uo.. *2.000.000.00 NET ASSETS OF COMPANY Cash in banks (on interest. and not on interest) $ 2,164,007 89 Real estate unincumbered . 3,995,442.57 Bonds and stocks owned (market value 1 37,419.437.57 Mortgage loans on real estate 1 free from any prior incumbrance) 304,450.91 Accrued securities (interest and rents, etc.) 659.106.84 Other securities 977,633.28 Premiums and account*, due and in process of collection 6.409 fill 75 Total net assets $51,829,690.81 LIABILITIES .Losses due and unpaid.. $22,586,154.19 I Other liabilities of the company 20.156 561 09 I Total liabilities $42,742,715.28 ; Capital. 2.000:000.00 Surplus 7.086.975.53 ! Total $51,829,690.81 STATE OF INDIANA | Office of Commissioner of Insurance, I. the undersigned. Commissioner of In- • surance of Indiana, hereby certify that i the above is a correct copv of the Statement of the Condition of the above mentioned Company on the 31st dav of I December. 1932. as shown by the original statement, and that the said original statement is now on file in this office. In Testimony Whereof. I hereunto subscribe my name and affix my official seal, this sth dav of July. 1933. | Seal] HARRY E. McCLAIN. Commissioner. Statement of Condition of the UNITED STATES CASUALTY COMPANY New York City. New York. 60 John Street. On the 31st Dav of December. 1932, EDSON S. LOTT. President. D. ST. C. MOOR HEAD. Secretary. Amount, of capital paid up *750.900.00 NET ASSETS OF COMPANY Cash in banks ion interest and not on interest* $ 138,805.78 Bonds and stocks owned, convention value 5,884,556.82 Mortgage loans on real estate (free from anv prior incumbrance. 1,067.480.00 Other Securities - Collateral loan secured bv pledge of bank stock 9,000.00 Cash in company’s office 25,540.08 Interest accrued 92,290.37 Premiums and accounus due and in process of collection gross 1,051.956.64 Agents’ balance, debits 48,334.76 Accounts Otherwise Secured The Workmen’s Compensation Reinsurance Bureau fund. 84,391.01 Salvage recoverable on paid losses 68.217.67 Reinsurance recoverable on paid losses 39.866.07 Total net assets $8,310,429.14 Less assets not admitted $ 78.914.53 Total net assets $8,231,514.61 LIABILITIES Amount due and not due banks or other creditors $ 389,000.00 Reserve or amount necessary to reinsure outstanding risks 2.224,969.52 Commissions on premiums in process of collection 214,586.52 Losses unadiusted and in suspense 537,935.00 Estimated expense of investigation and adjustment of unpaid claims 41,714.00 Special reserve for unpaid iia. & workmen’s comp, iosses.. 3.240,795.00 Reserve for taxes 102,000.00 Bills and accounts unpaid... 10.000.00 I Contingent reserve 158.894.81 Other liabilities of the company 61.619.76 Total liabilities . $6,981,514.61 Capital 750,000.00 Surplus 500,000.00 Total $8,231,514.61 Greatest amount in anv one risk $ 325,000.00 !STATE OF INDIANA: Office of Commissioner of Insurance. I, the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copv of the Statement of the Condition of the above mentioned Company on the 31st dav of December, 1932. as shown bv the original statement., and that the said original statement is now on file in this office. In Testimony Whereof. I hereunto subscribe my name and affix my official seal, this sth day of Julv, 1933. [Seali HARRY E. McCLAIN, Commissioner. Statement of Condition of the MILLERS NATIONAL INSURANCE CO. Chicago, Illinois. 175 West Jackson Blvd. On the 31st, Dav of December. 1932. F. S. DANFORTH. President. H. H. GILES. Secretary. Cash surplus capitalized as a permanent fund $1,000,000.00 Amount, of capital paid up Mutual Cos. NET ASSETS OF COMPANY Cash in banks (on interest and not on interest) $ 608.726.94 Real estate unincumbered.. ... 124,364.54 Bonds and stocks owned . 4,029,330.00 Mortgage loans on real estate .free from any prior incumbrance) 53,200.00 Accrued securities (interest and rents, etc.' 65,481.51 Other Securities- ■ Contracts receivable, secured by title 2,000.00 Amount recoverable for reinsurance on paid losses less I than 30 days due . 2,538.89 Premiums and accounts due and in process of collection.. 331.770.73 Total net assets *5,217.412.61 LIABILITIES Reserve or amount necessary to reinsure outstanding risks. . $2,043,355.23 Losses due and unpaid 49,574.38 Losses unadjusted and in suspense 182.963.24 Other liabilities of the company 587.000.00 Total liabilities $2,862,892.85 Surplus 2.354,519.76 Total $5.217.412.61 Greatest amount in anv one risks, net $ 100.000.00 STATE OF INDIANA: Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copv of the Statement of the Condition of the above mentioned Company on the 31st day of December. 1932. as shown by the original statement, and that the said original statement Is now on file in this office. In Testimony Whereof. I hereunto subscribe my name and affix my official seal, this sth day of Julv. 1933. [Seali HARRY E. McCLAIN. Commissioner. " Statement of Condition of the ILLINOIS NATIONAL CASUALTY CO. Chicago, Illinois. 540 N. Michigan Ave. On the 31st Dav of December. 1932. T. H. REITER, President. C. L. MORRIS. Secretary. Amount, of capital paid up *200,000.00 NET ASSETS OF COMPANY Cash in banks ton interest and not on interest) $ 32.798.82 Bonds and stocks owned (market value. 177,000.00 Mortgage loans on real estate (free from any prior incum- ; bra nee 1 199,250.00 .Other Securities- - I Collateral loans 7,076.99 Miscellaneous 261.37 Interests reeclved 7,988.42 (Premiums and accoums due and in process of collection 137 64128 ! Total net assets $562,016.88 LIABILITIES . Reserve or amount necessary to remsuie outstanding risk*. . .$213,753.77 Losses due and unpaid 51.147.57 Bills and account* unpa.a .. . 2,073.83 Other liabilities of the company 42 686 82 Total liabilities $309,667.04 Capital 200,000 GO Surplus 52 349 84 Total $562,016 88 i Greatest amount in anv one risk $ 10,000.00 STATE OF INDIANA: Office of Commissioner of Insurance. I. the undersigned. Commissioner of Irsurance of Indiana hereby certify ihat the above is a correct codv ts the Statement of the Condition of the above mentioned Company on the 31al dav of December. 1932. ex shown by the original statement, and that the said original statement is now on file in this office. In Testimony Whereof. I hereunto subscribe my name and affix my official seal, this 38th day of June 1933. [Seal] HARRY E. McCLAIN, Commissioner.

Statement of Condition of THE MILL OWNER 6 MUTUAL EIRE INSURANCE COMPANY Chicago, Illinois ~ JP 1 J 5° uth l* Salle Street. On the 31$t Dav of December, 1932 H. N. WADE. President. . JANN. Secretary i Amount 01 capital paid up—Mutual companj . NET ASSETS OF COMPANY i C *%?r ,n ( cn Interest and . not on Interext $27 5*7 71 Bonds and stock* owned . 777 817 50 Accrued securities (interest and :entj. ftc.i # 10 55J 93 Piemtums and accounts d\€ and in process of collection . .... 29.91? S!i | Total net assets $845,874,6* , LIABILITIES Reserve or amount necessarv to L reinsure outstanding risks . S4Ol 192 *R uosses due and unpaid i 529 83 Bills and accounts unpaid.... 7’21 69 Total liabilities ... 09 843 70 Surplus A3g.030.98 Total sß*s 874 68 .Greatest amour.' in anv one risk $ 70 000.00 '.Greatest amount allowed to be insured in anv one block 140.000 00 'STATE OF INDIANA: Office of Commissioner of insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copv of the Statement of the Condition of the above mentioned ComDany on the 3!st oey of December. 1932. as shown bv the original statement-, and that the said original statement. Is now on file in this office. In Testimony Whereof. I hereunto subscribe my name and affix mv official seal. I this sth dav of Julv. 1933. [Seali HARRY E. McCLAIN Commissioner, i Statement of Condition of the CENTRAL WEST CASUALTY COMPANY Detroit. Michigan. 131 West Lafayette Boulevard. On the 31st Dav of December. 1932. HAL H. SMITH. Presiderv HAL H. SMITH. JR. Secretarv. Amount of capita) paid up. . $1,000,000.00 NET ASSETS OF COMPANY Cash in banks (on interest and not on interesti $ 182.109.44 Real estate unincumbered. . 13,160.00 Bonds and stocks owned... 1,589.312.60 Mortgage loans on real estate (free from anv prior incumbrance) 825.967.99 Accrued securities 'interest, and rents, etc.i 51,420.32 Other Securities Collateral loans . 67,796.0S Premiums and accounts due and in process of collection . 469,114.47 Accounts otherwise secured.... 151.293 30 Total net assets $3,350,174.15 ; LIABILITIES Reserve or amount necessarv to I reinsure outstanding risks $1,074,941.73 Losses unadjusted and In suspense 806,260.76 Bills and accounts unpaid 978.45 Other liabilities of the company 140.991.36 Total liabilities . $2,023,172.30 Capital . 1.000.000.00 Surplus 327.001 85 Total $3,350,174.15 STATE OF INDIANA Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct coov of the Statement of the Condition of the above mentioned Company on the 31st dav of ; December, 1932. as shown by the original statement, and that the said original statement, is r.6w on file in this office. In Testimony Whereof. I hereunto subscribe my name and affix my official seal, this 28th day of June. 1933 [Seal] HARRY JB. McCLAIN, Commissioner. Statement of Condition of the NATIONAL ACCIDENT * HEALTH INSURANCE COMPANY Philadelphia, Pa. 244 S. Eighth Street . on the 31st Dav of December. 1932. M. S. BOYER, President. I .T. F. DRF.YER. Asst. Secretarv Amount of capital paid up *150,009.00 NET ASSETS OF COMPANY. Cash in banks (on interest and I not on interest. $ 15,437.15 Real estate unincumbered 44 521.00 .Bonds and stocks owned 123,118.50 Mortgage loans on real estate (free from any prior incumbrance) 139,300.00 Accrued seounties (interest and rents, etc.) .. .. 3,219.65 Premiums and accounts due and j in process of collection 17.338.13 i Total net assets $342,934.43 LIABILITIES ; Reserve or amount necessary to reinsure outstanding risks.. $ 28,732.04 ! Losses unadjusted and in suspense 36,853.44 ] Bills and accounts unpaid . 328.64 J Other liabilities of the company 14 838.05 ; Total liabilities $ 80,752.17 I Surplus 112 182 26 Total $342 934.43 SLATE OF INDIANA. Office of Commissioner of Insurance. I. the undersigned, Commissioner of Insurance of Indiana, hereby certify that the above is a correct copv of the Statement of the Condition of the above mentioned Company on the 31st day of December. 1932. as shown by the original statement, and that the said original statement, is now on file in this office. In Testimony Whereof, I hereunto subscribe my name and affix my official seal, this sth day of Julv. 1933. |Seal] HARRY E. McCLAIN. Commissioner Statement of Condition of the CENTRAL MUTUAL INSURANCE CO. Chicago. Illinois. 11 South LaSalle Street. On the 31st, Dav of December. 1932. HAROLD SHLENSKY. President, P. A. ZAHN. Secretarv. NET ASSETS OF COMPANY : Cash in banks (on interest and I not on interesti * 14,392.35 ! Bonds and stocks owned (mar- | ket value) 64,118.25 i Mortgage loans on real estate (free from any prior incumbrance) • 117.310.00 Accrued securities tjnterest and rents, etc.)- ....... 2,235.90 Premiums and accounts due and in process of collection 84,180.37 Total net assets $282,236.87 LIABILITIES Losses due and unpaid * 8 5-102 sv Bills and accounts unpaid 2.294 67 Other liabilities of the company Total liabilities .. $218,463.48 Surplus 63 773.39 Total Cutest amount in any one $ 1Q M STATE OF INDIANA: Office of Commissioner of Insurance. T the undersigned. Commissioner of Insurance of Indians, hereby certify that the above is a correct copy of the State ment of the Condition u.e above mentioned Company on the 31st dav ot December 1932. as shown by the ongjnal statement, . and that the said original statement, is now on fll® in this onice. Hi Testimony Whereof. I hereunto subscribe my name and affix my official &cai, 111% 28th day of June. R l33. E AIN loeaM commissioner. ! Statement of Con si!;i2 n .. nlvv THE NATIONAL CASUALTY COMPANY Detroit, Michigan 422 Ma jestic Building. Oil the 31st. Dav of December. 1932. W G CURTIS, President. E. A. GRANT, Secretary. Amount of capital paid up .• •% 750,000.00 NET ASSETS OF COMPANY Cash in banks (on interest and ~n 421 not on interest) Real estate unincumbered 23.106. .2 Bonds and stocks owned 2.236,80 i.oj Mortgage loans on real estate .free from any prior incumbrance) 1a6.801.1l Accrued securities (interest and rents, etc.) Other ledger assets • • 30,3t>4.a Premiums and accounts due flq and in process of collection . 322,292.89 Non-ledger assets, corns, to accrue, etc 134,539 87 i Total $3,128,127.42 Less assets not admitted 389.704.97 Total net assets $2,738,422.45 LIABILITIES Reserve or amount necessary to reinsure outstanding risks 5.4,897.13 Losses due and unpaid 418,862.92 0t p h " y UabU . ,t ! eS . ° r . the .. tom ; 233.194 24 Total liabilities $1,226.954 28 Capital 22? 922 ?? Surplus 161 468.1 l Total $2,738,422.45 STATE OF INDIANA: . _ Office of Commissioner of Insurance, TANARUS, the undersigned. Commissioner of insurance of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the above menioned Company on the 31st day of December. 1932. as shown bv the original statement, and that the said original itatement is now on file In this office. In Testimony Whereof. I hereunto suosiribe my name and affix my official seal, this sth day of Julv. 1933. I Seali HARRY E. McCLAIN. 1 Commissioner Statement - of - Condition of the INCOME GUARANTY COMPANY South Bend, Indiana 511 West Colfax Avenue Oil the 31st Dav of December 1932. } JOHN G. MALMBERG. President. A. N. HEPLER JR.. Secretary. ! Amount of capital oaio up *100.000.00 1 NET ASSETS OF COMPANY : Cash in banks <on interest and i not on interesti $lO .82.a4 ! Real estate unincumbered 18,511.88 .Bonds and stocks owned 104.934.33 i Mortgage loans on real estate I ifree from any prior incumbrance) 53,000.00 i Accrued securities (interest and [ rents, etc.F 4 308 27 Total net assets $191,537.07 LIABILITIES Amount due and not due banks or other creditors $ 6,802.95 Reserve or amount necessary to reinsure outstanding risks..- 37 329.37 Losses due and unpaid 17,945.32 Bills and accounts unpaid 378 23 Total liabilities $ 82.235.87 Caoitai 100.000.c0 Surplus 29 281.20 Total $191,537.01 Greatest amount in any one risk— Accident $ 5,000.00 Health per n.ontn 200.00 STATE OF INDIANA: Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above Is a correct copv of the Statement of the Condition of the above mentioned Company on the 31st day of December. 1932 as shown bv the original statement, and that the said original statement i* now on file In this office. In Testimony Whereof. I hereunto subscribe mv name and affix my official seal. this 38th dav of June. 1932. [Seal! HARRY S. McCLAIN. Commissioner.

PAGE 11

Statement of Condition of the WASHINGTON NATIONAL LNSURANOfI COMPANY Chicago. 17J7 Howa>-(l street. Or the 31st Dav of December. 19*2. O F KENDALL President. JAMBR F RAMEY. Secretary Amount of caphal paid up S6OO 000 0* NET ASSETS OF COMPANY Cash in banks ton Interest and not on interest) * 299 466.99 Real estate unincumbered.... 33 781 64 Bonds and stocks owned 1 921.888 99 Mortgage loans on real eata'e • free from anv prior lncum- . brance. 144.019.J7 Accrued securities linterest and rents, etc ' 32 37( 61 Other securities Collateral _ loans 72 885 8* Premiums and accounts due and in process of collection 60.37* 2* All other assets 13 435 06 1 Total net assets $3,577,714.13 LIABILITIES Reserve or amount necessary ; (o reinsure outstanding risks .51.020.737.3* i .osocs adluvted and rot due.. *7.841.84 Losses unadjusted and !n sus- „ Dense 110.414.5S Bills and accounts unpaid .-. 10.500.00 Other liabilities of the company 353.400.44 Tout liabilities . $1,487,714.12 : Capital . 600.000.00 Surplus 510.000.00 TOUI $3.577.714.13 Greatest amount In anv one risk $ 3.000.0* Life Companies: Maximum risk written Unlimited Amount retained bv company.. 3.000.00 STATE OF INDIANA: Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the above mentioned Comoanv on the 31st dev of December. 1932 as shown bv ths original statement, and that the said original statement is now on file In this office. In Testimony Whereof. 1 hereunto subscribe my name and affix mv official seal, this 26th dav of June, 1933 [Seal] HARRY E. McCLAIN. Commissioner. Statement of Condition of the CENTRAL SURETY AND INSURANCE CORPORATION. Kansas Citv. Missouri. 1737 McGee. On the 31st Dav es December, 1932. DENNIS HUDSON, President. G. T. SMOTHERS. Secretary. Amount of capita! paid up... .$1 000 000 00 NET ASSETS OF COMPANY Cash in banks (on interest and j not on interest) $ 398,558.17 Real estate unincumbered 52 797.37 | Bonds and slocks owned iniar- , ket value) 2,370,620.5* Mortgage loans on real estate j .free from any prior incurn- . brance 709.109.15 Accrued securities (interest and rents, etc.) - 45.4*7.03 Other Securities— Collateral loans 2,930.23 Premiums and accounts due and in process of collection 570,208.12 Accounts otherwise secured... 9.513 98 j Total net assets $4 159 224 60 | _ LIABILITIES Reserve or amount necessary ' to reinsure outstanding j risks $ ggg I n?i*, ses due 6'id unpaid . .. . . 1.079.457J* I Hi"* aud accounts unpaid. .. 7 410 30 Other liabilities of the coinP ai, y 475 249.44 Total liabilities . ... .$2,556 329*82 • 1.000.000.00 Surplus 602 894.9* Tolal $4,159,22U60 Greatest amount In any one STATE OF INDIANA;- * W ’ ooo ’ o# Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct codv of the Statement of the Condition of the above mcntvoned Companv on the 31st day of December. 1932. as shown bv the original , statement, and that the said original I statement is now on file in this office. I * n . Testimony Whereof. I hereunto subscribe my name and affix my official sea! this 28th dav of June. 1933 I sea 11 HARRY E. McCLAIN. Commissioner, Statement of Condition of the ”* MINNESOTA IMPLEMENT MUTUAL FIRE INSURANCE COMPANY Owatorja, Minnesota. 129 Fast Broadway. On the 31st Dav of December. 1932 C t. BUCKSTOR. President. JOHN A. BUCKSTOR. Secretary. Amount, of capital paid un None NET ASSETS OF COMPANY Cash in banks ion interest and not on interest) $ 290 691.49 Real estate unincumbered 506.635.06 Bonds and stocks owned.... 2,216!92!L85 Mortgage loans on real estate 74 049 42 (free from any prior Incumbrance i Accrued securities (interest and rents, etc.) 87 292 44 Premiums and accounts due and in process of collection 710 701.58 Due front other companies 36.831.32 Total net assets $3 783 124 25 LIABILITIES Reserve or amount necessarv to reinsure outstanding ri5k5.52.426.782.5* Losses due and unpaid 223.786.94 Bills and accounts unpaid ... 1 129 21 I Other liabilities of the comi Pany 172,152.39 1 Total liabilities $2,822,851.04 Surplus 960.273.32 j Total $3,783,124.26 j Greatest amount in any one I risk $ 100.000.0* STATE OF' INDIANA: Office of Commissioner of Insurance. I, the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above Is a correct copv of the Statement of the Condition of the above mentioned Company on the 31st day of December 1932. as shown by the original statement, and that the said original statement Is now on file In this office. In Testimony Whereof. I hereunto subscribe my name and affix mv official seal, i this sth day of Julv. 1933. j [Seal] HARRY E. McCLAIN. Commissioner. Statement of Condition "of - THE GUARANTEE COMPANY OF NORTH AMERICA Montreal. Canada. 1111 Beaver Hall Hill. Oil the 3lst Dav of December. 1932. HENRY E. RAWLINGS. President. WILLIAM S. CHADWICK. Secretary. Amount of capital paid up $304,600.00 NET ASSETS OF COMPANY Cash in banks (on interest and not on interest) $ 333.109 42 Real estate unincumbered 813.882.14 Bonds and stocks owned 3.588.383.01 Accrued securities (inteiest and rents, etc.) 28.530.65 Other Securities— Agents' bank balances 2,382.87 Reserve funds in trust ... 19.4*7.94 Premiums and account* due and in process of collection. 41.025.3* Accounts Otherwise Secured--Reinsurance recoverable on paid losses 2.079.11 Total net assets $4,523,860.43 LIABILITIES Reserve or amount necessarv to reinsure outstanding risks...s 210.084.7* Losses unadiusted and in suspense 172.356.09 Bills and accounts unpaid 51.001.81 Other liabilities of the company 768 008.39 Tolal liabilities ....$1,202,951.10 Capital 304.600.00 Surplus 2.822.009.3S Total $4.32(189(131 Greatest amount in anv one risk $ 520.000.0* STATE OF INDIANA Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana hereby certify that the above is a correct codv of the Statement of the Condition of the above mentioned Company on the 31st day of December. 1932. as shown bv the original statement, and that the said original statement is now on file in this office. In Testimony Whereof. I hereunto subscribe my name and affix my official seal, this 28t.h day of June. 1933. [Seal] HARRY E. McCLAIN, Commissioner. Statement of Condition rs the U. S. BRANCH OF THE EMPLOYERS' LIABILITY ASSURANCE COKP N„ LTD. Boston, Massachusetts 110 Milk Street. On the 31st Dav of December. 1932. EDWARD C. STONE. United States Manager. Statutory deposit $200,000.9* Net assets of company Cash in banks <on interest and not on interest) ......$ 1.643.491.80 Real estate unincumbered.... 4.889.120.47 Bonds and stocks owned 1 market value) i3,377,863 26 •The National Convention of Insurance Commission era valuations have been used to determine the market value of securities. Mortgage loans on real estate (free from any prior incumbrance) 85,000.00 Accrued securities (interest lents. etc 1 29:.2y.55 Cash surrender value life insurance policies, U. 8 manager 91,419*7 Due from Reinsurance Companies not paid losses.... 81 928.37 Premiums and accounts due and in process of collection 3.820.758.99 j Equity in The Workmen’s 1 Compensation Reinsurance Bureau Pund 331.433.43 Total net atsets $34 624 944.09 liabu mita Reserve or amount necessary to temsure outstanding risks’s 8.178,510.41. Losses unpaid 13 248 099.00 Taxes due or accrued 775.000.00 Commissions due or accrued. 74. 732.23 Bills and accounts unpaid... 85.000.00 Contingency reserve 1 000 000.09 Other liabilities of the company 205.9*8.72 Total liabilities $23,232,350.3* Statutory deposit 200,090.00 Surplus *.192.593.73 Total $34,624,944.09 STATE OF INDIANA: Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copv of the Statement of the Condition of ;he above mentioned Comoany on the 31st day of December. 1932. as shown by the original statement, and that the said original statement is now on file In this office. In Testimony Whereof. I hereunto subscribe my name ar.d affix mv official seal, this 2#th day of June. 1933. [Seali HARRY K. McCLAIN. Oommiuioner.