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The "ART" PICTURE DUSE, Pavilion" Ppomenade, BARMOUTH. Friday & Saturday. Magnificent Dispiay of Pictures, including THE GREAT STAR PICTURE, BLAOK HUMOROUS BULL FIGHT. TWO'S COMPANY THREE'S A CROWD. MORE THAN THEY BAR- GAINED FOR. NOISE FROM THE DEEP. ROUND LIJ BATTLE FIELD. And others. NEXT WEEK. MONDAY, TUESDAY & WEDNESDAY Magnificent Display of Pictures, including TRUE BEllEVERo BEAU CRUMMEL AND HIS BRIDE. PROVENCALE BULL FIGHT. POOR LUCK'S I.O.U. AN OLD MAN'S LOVE STORY. WORK HAB!T. And others. Nightly 7.30 to 9.30. Matinees, Wed. & Sat. at 3. Admission: 3d. & 6d. Don't Forget The Pavilion BiUh'u'Id Saloon (Two Tables) open Daily, from 10 a.m. to li p.m. W. A. MATON, &I?t Deale]i:- and Pho"tograph.er, 1, PAVILION, Marine Parade, BARMOUTH. Pictures and Photographs Framed. Also a selection of Water Color Drawings and Oil Paintings for Sale. High-Class Portraiture at Moderate Prices. Out-door Photographs taken by appointment.. Have You a- Lever Press ? If not, why not ? Secure THE LEVER EMBOSSING PRESS that will last a life-time. 5/- 5/- ONLY 0 KLY Complete with any address up to 24 letters. ORDER ONE TO-DAY. Specimen can be seen at the Sole Agents, J. EVANS & NEPHEW, I MERCANTIL AND.. 'J FANCY STATIONERS, BARMOUTH. I PRUDENTIAL ASSURANCE COMPANY. LIMITED. Chief Omee HOLBORN BARS, LONDON. SUMMARY OF THE REPORT PRESENTED AT THE SIXTY-FIFTH ANNUAL MEETING, HELD ON 5th MARCH, 1914. ORDINARY BRANCH.—The number of policies issued during the year was 71,359, assuring the sum of £6,849,224, and producing a new annual premium income of £425,717, The premiums received during the year were £4,920,518, being an increase of £93,525 over the year 1912. In addition, £11 ;.116 was received in premiums under the Sickness Insurance Tables. The claims of the year amounted to £3,766,625. The number of deaths was 8,639. The number of endowment assurances matured was 23,497, the premium income''of which was 1131,017. The number of policies in force at the end of the year was 9170091. INDUSTRIAL BRANCH.—The premiums receiver ounng the year were Z7,874,456, being an increase of £81 ,894. The increase shown would have been much greater but for the fact that, owing to our system of accounts, fifty-three weekly collections were credited in the report for the year 1912. The claims of the year amounted to £3,139,193, including £359,572 bonus additions. The number of claims and surrenders, in- cluding 5,942 endowment assurances matured, was 366,104. The number of free policies granted during the year to those policyholders of five years' standing and upwards, who desired to discontinue their payments, was 126,768, the number in force being 1,890,406. The number of free policies which became claims during the year was 45,546. The total number of policies in force in this Branch at the end of the year was 19,778,135 their average duration exceeds twelve and three-quarter years. The assets of the Company, in both branches, as shown in the balance sheet, after deducting £1,750,000 written oS securities, are -f86,993,003. being an increase of £2,421,071 over those of 1912. The six Prudential Approved Societies formed under the National Insurance Act 1911 have done important work during the year and the membership continues to increase. Payment of sickness and maternity benefits commenced on the 13th January, 1913, and during the year a sum of £1,401,360 was di stributed to members by the Company's Agents. It may be noted that in a Government Inter-Department'll Report recently presented to Parliament particular attention is drawn to the advantage of payment in cash by a representative of the Society. The Report con- tinues :—" The fact that a personal visit accompanies the payment im- poses some restraint on any temptation to claim benefit improperly. The risk of the benefit falling into wrong hands is reduced to a minimum In the Ordinary Branch a reversionary bonus at the rate of £1 16s. per cent. on the original sums assured has again been added to all classes of participating policies issued since the year 1876. In the Industrial Branch a bonus addition will be made to the sums assured on all policies of over five years' duration which become claims either by death or maturity of endowment from the 6th of March, 1914, to the 4th of March, 1915, both dates inclusive, as follows :— Bonus Addition Premiums paid tor to St,iis elssured. 5 years and less than 10 years.. {,5 per cent. 10 ,15 £10" 15 ,20 J) 15 20 ,25 /20 25 .30 £25" 30 ,35 £30 35 ,40 /35 40 45 £ 40 45 ,50 /-45 50 ,55 £50" 55 60 60 and upwards £60" The rate of bonus declared for last year has thus been maintained, and an increased bonus of f5 per cent. will be distributed in the case of policies on which premiums have been paid for 35 and less than 40 years, 45 and less than 50 years, and 55 and less than 60 years. BALANCE SHEET OF THE PRUDENTiAL ASSURANCE COMPANY, LIMITED, BEtNC THE SUMMARY OF BOTH BRANCHES, ON THE 31st DECEMBER, 1913. LIABILITIES. £ s. d. Shareholders'capital. 1,000,000 0 0 Life assurance fund— Ordinary Branch .„ £45,693,479 19 5 Sickness insurance fund 10,11912 3 Life assurance fund— Industrial Branch 38,901,67814 2 —————————- 84,605,278 5 10 Investments reserve funds 1,000,000 0 0 Claims under life policies intimated aud in course of payment. 158,27315 6 Annuities due and unpaid .2,508 6 8 Balance of bonus under life policies reserved for distribution 226,942 8 6 £86,992_ ASSETS. Mortgages on property within the United Kingdom 8,553,062 18 7 Mortgages on property out of the United Kingdom Nil Loans on parochial and other public rates 13,980,705 11 9 Loans on Life interests 1,117,287 011 Loans on Reversions 95,278 4 6 Loans on Stocks and shares. 79,385 2 0 Loans on Company's policies within their sur- render values 3,282,84114 8 Loans on Personal security ?7 Loans to Educational institutions secured on income, etc. 45,882 9 2 Investments:— Deposit with the High Court (/24.400 2?%  17,568 0 0 Consolidated stock) 17,568 0 0 4 Carried forward.. £27,172,011 1 7 ASSETS-continued. £ s. d. Brought forward 27,172,011 1 7 Investments (continued):- British Government securities 1,745,934 14 3 Bank of England stock 143,117 210 Municipal and county securities, United Kingdom 1,674,443 6 3 Indian and Colonial Government securities 4,709,807 17 7 Colonial provinical securities 1,236,745 15 11 Indian and Colonial municipal securities 3,415,166 0 4 Foreign Government securities 4,323,467 16 0 Foreign-provincial securities 691,843 12 4 Foreign municipal securities 3,507,309 3 6 Railway and other debentures and debenture stocks and gold and sterling bonds-Home and Foreign 19,748,404 11 0 Railway and other preference and guaranteed stocks and shares 3,198,909 13 1 Railway and other ordinary stocks and shares 2801,31516 0 Rent charges 455,793 18 5 Freehold ground rents and Scotch feu duties 4,777,685 1 9 Leasehold ground rents 8,696 19 1 House property 4,034,994 18 11 Life interests 34,626 14 6 Reversions 1,611,216 19 8 Agents' balances 6,040 7 7 Outstanding premiums 597,179 2 4 Outstanding interest and rents 80,682 2 8 Interest, dividends and rents accrued but not payable 528,165 6 7 Bills receivable Nil Cash-On deposit 20,000 0 0 In hand and on current accounts 469,444 14 4 £86,993,002 T6 6 The values of the Stock Exchange securities are determined, under the regulations of the Company, by the Directors. These values have been compared with the middle market prices on 31st December, 1913, due allowance being made for accrued interest, and the difference is more than provided for by the investments reserve funds. We certify that in our belief the Assets set forth in the Balance Sheet are in the aggregate fully of the value stated therein iess the investments reserve funds taken into account. No part of any fund hétS been applied directly or indirectly for any purpose other than the class of business to which it is applicable. A. C. THOMPSON, General Manager. D. W. STABLE, ") THOS. C. DEWEY. Chairman. J. BURN, Actuiiy. J. SMART, J Joint Secretaries. W. J. LANCASTER, ") J. IRVINE BOSWELL, j Directoys., We report that with the assistance of the Chartered Accountants as stated below we have examined the foregoing accounts and have obtained all the information and explanations that we have required and in our opinion such accounts are correct and the foregoing Balance Sheet is properly drawn up so as to exhibit a true and correct view of the state of the Company's affairs according to the best of our information and the explanations given to us and as shown by the books of the Company. No part of any fund has been applied directly or indirectly for any purpose other than the class of business to which it is applicable. PHILIP SECRETAN, J 1 ?M?o?. W. H. NICHOLLS, j Auditors. We have examined the Cash transactions (receipts and payments) affecting the accounts of the Assets and Investments for the year ended December 31st, 1913, and we find the same in good order and properly vouched. We have also examined the Deeds and Securities, Certificates, &c., representing the Assets and Investments set out in the above account and we certify that they were in possession and safe custody as on December 31st, 1913. 17th February, 1914, DELOITEE, PLENDER, GRIFFITHS & Co., Chartered Accountants. For further particulars apply to Mr.W. H. MALLETT, Superintendent, Preswylfa, Portmadoc; Mri. H. DAVIES, Bryngwyn, Dolgelley; J. R. HUGHES, Rhiwgri, Bl. Festiniog; R. D. HOWELLS Eryldon, Criccieth; and D. G. DYKINS, 5, Bay View, Pwllheli; Messrs. RICH. DAVIES, Barmouth D. J. OWEN. Fairbourne 0. LEWIS, Harlech DAVID JONES, aud E. E. EVANS, Dolgellev E. MORGAN, LIan-. uwchuyn GRIFFITH HUGHES, and E. D. HUGHES, Bala "sar '?-"ar ???Mn?'?B?"?f?r????"?E3B? .JEaL? jE?L@ .iM3?f.i?&?<tJ??<jNrIt3BL? PERFECT FITTnG PERFECT ARTIFICIAL PAINLESS TEETH. EXTRACTIONS. <l>ee ADVICE FREE. e,@<J> BARMOIJTH BRANCH r EVERY MONDAY. f L Mp THOMAS, 2, GLAMMORGAM, HtGH STREET. ——— WORK GUARAMTEEDs FIVE YEARS. TERMS TO SUIT PATIENTS CONVENIENCE, /c 5 FOR j AGENT W. JONES, I I High Street, BARMOUTH. MOBLEY & Co ? ? !od\\t, ?-h?? ? GRAND SELECTION OF NEW SEASON'S GOODS JUST ARRIVED. I I JAFFA ORANGES. GRAPES, LEMONS, I I DESERT APPLES, BANANAS, I COOKING APPLES, WALNUTS, BRAZIL NUTS, MONKEY NUTS, COB NUTS, I' CHESTNUTS, COKERNUTS, FIGS, j I DATES, ETC. ALL KINDS OF TINNED FRUITS PICKLES, ETC. TRY OUR MILITARY PICKLES. I THE FRUIT STORES, HIGH STREET BARMOUTH Advertise in the Bar- mouth Advertiser." It will pay you.