STATE HAII< INSURANCE IN NORTH PAKOTA 49 



1914. — Income. 



Balance, cash in hands of State Treasurer Dec. ist, 1913 . $865.95 



Cash received as payment of poHcies issued in 1914. . . . 27,771.72 



Total amount received during the year . , . $28,637.67 



Disbursements. 



Paid W. D. lyukins, official adjuster Williams County for 



adjusting one loss for 1913 10.00 



Paid losses incurred during 1914 . . . . . . 24,985.39 



Paid agents for adjusting 1914 losses .... 871.71 



Paid clerk hire 1,800.00 



Paid postage 89.98 



Paid printing 80.67 



Paid miscellaneous supplies 10.25 



Paid for publishing notices of condition of 



Hail Department for 1913 14.09 



Total disbursements during year 1914 . . ' $27,862.09 



Balance cash on hand Dec. rst. 1914 775-58 



POUCY EXHIBIT. 



Number of policies issued in 1914 761 



Number of losses reported in 1914 114 



Number of losses allowed in 1914 113 



Number of policies effected 114 



Total amount of losses allowed for season of 1914 .... $38,439.07 



Expense paid for adjusting same 871.71 



making it cost 2.26 % to adjust the losses. 



Approved adjustments were paid at 65 % of loss allowed for 1914. 



