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In 1913

In benefits to policyholders, the "Oldest Company in America" mnde a record in its 71st year never before achieved in life insurance.

$17,201,730.49 in Dividends

This was the unparalleled sum refunded to policyholders in 1913 — saved from premiums previously

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ABILITIES

..$493,043,566 00

461 Other Policy Liabilities. 9,144,30929

49| Premiums, Interest and Rents paid in

Mortgage Loans 133,873,225

Loans on Policies .1 88,184,039

Loans on Collateral 1,000,00000

Bonds (amortized value) 318,036,741 06

Stocks (market value) 28,638,92953

Interest and Rents due and accrued... 6,783,8136*0

Premiums in course of collection 4,217,981 72

Cash ($1,899,74202 at interest) 2,245,27323

Deposited to pay claims 528,413 45| Contingency Reserve 10,967,50622

advance

Miscellaneous Liabilities

Estimated Taxes, License Fees, etc., pay-
able in 1914..

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Dividends payable in 1914 _________ ..... 18,078,54088

Reserve for future Deferred Dividends.. 72,655,87760

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Lee, Higginson & Co.

BOSTON

NEW YORK CHICAGO

HIGGINSON & CO.; London

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HEAD OFFICE, TORONTO.

CAPITAL PAID UP ----- $!5,OOO,OOO
RESERVE FUND _____ S13,5OO,OOO

WM. GRAY AND H. P. SCHELL, AGENTS,
NO. 16 EXCHANOE PLACE, NEW YORK.

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In The United States. In Mexico.

New Yobk, Portland, Ore., Sax Francisco, Cal., Skattle, Wash. Mkxico City.

In Great Britain. In Newfoundland.

London: 2 Lombard Street, E. C. St. Johns.

Exchange on any part of the World bought and sold. Commercial and Travelers Credits Issued. Travelers Checks sold. Banking m i Exchange business uf every description transacted with Canada where the Bank's 336 Branches give It unsurpassed facilities.

BROWN BROTHERS & CO,

PHILADELPHIA, NEW YORK,

4th and Chestnut Sts. 59 WALL ST,

ALL, CONNECTED BY PRIVATE WIRE
Members of the New York, FMillariclphla and Roilon Slock Exchanges.

BOSTON, 60 State St.

Investment Securities

Lists furnished upon request; orders executed on commission.

BILLS OF EXCHANGE BOUGHT AND SOLD.

Arrangements made with Banks and Bankers in the United States, enabling them to Issue their own Drafts

on Foreign Countries.

Commercial Letters of Credit

Travelers' Letters of Credit

Collections

Travelers' Cheques

Telegraphic Transfers

Certificates of Deposit

Deposit Account*

Brown, Shipley & Co, London,

Head Office: Founders' Court, Lothbury, E. C.,

Office for Travelers 123 Pall Mall, 8. W.

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