The Press. — London, England, 1856-02-23 00:00:00

190 pROGRESS of the UNITY GENERAL ASSURANCE ASSOCIATION. CIIIEF OFFICES, UNITY BUILDINGS, 8 and 10, CANNON STREET, CITY. WEST•END OFFICES, 1, NEW COVENTRY STREET, LEICESTER SQUARE. It is with feelings of peculiar satisfaction the DIRECTORS of the UNITY ti ENE F.AL ASSURANCE ASSOCIATION submit the following statements respecting its progress unit business during the year 1855, commencing Ist January and ending 3lst December last. It will be observed the amount of new business transacted during that period produces annual premiums exceeding 112,390. This is a very large result indeed, judged by the average amount of new business effected by other life offices, which aries from 23,1100 to 25,000 per annum. There is but one sure test by which the progress and sound ness of a life assurance institution can be judged practically viz., the amount of new business it secures. No other teat is valuable or even useful for such purpose: unless a life office eontinues year after year to obtain a large new business, it must rapidly decline and eventually cease to exist. STATEMENT of New Life Business of the UNITY GENERAL ASSURANCE ASSOCIATION, from Ist January, 1855, to 31st December, 1855 :- !BusinessPropos& Business Completed. Amount (No. of Pro Propos e d Poll- Assured Premiums 1 P °911115 Assured. cies. thereby. thereon. 2 1 s. d. January, 1955 100 39,946 65 19,330 641 6 3 February, „ 130 34,150 101 27,216 835 10 4 March, „ 187 38,650 141 33,000 913 17 6 April, „ 147 48,025 118 31,850 958 0 3 May, „ 187 72,260 118 39,810 1,193 0 8 June, „ 115 43,950 105 27,150 809 8 8 July, „ 107 41,050 109 37,250 1,12818 0 August, „ 123 72,390 103 45,250 1,993 810 September, „ 132 49,187 95 3f.,285 1,003 10 1 October, „ 94 32,6, - :0 109 37.122 1,136 18 1 November, „ 12:4 42,200 98 21,100 1,066 13 6 December, „ 89 23,275 89 22,654 688 2 9 Totals .... 1,520 .2537,733 1,231 2383,141 212,393 11 5 This Table shows:- 1. That in the year 1855, 1,251 new Policies have been com pleted and paid upon. 2. That the amount assured thereby is 1383,141. 3. That the new Annual Premiums thereon amount to 112,393 Ils. 3d. It is very gratifying also to know that the great bulk of this business is entirely free from loan operations, as the following analysis will show : _ . Policies. Assuring. Producing inPremiums. ]n connection with Loans 89 Xso,Rti6 22,114 9 9 Unconnected with Loans 1,11;2 332,275 10,279 1 8 Totals .... 1,2 M 0383,141 E12,3;13 11 5 Such are the results obtained by the UNITY GENERAL during the year 1855. They are published as facts illustrating the power and influence of its conLections, and likewise the popularity of the principles propounded by it. MONETARY RESOURCES OF TILE UNITY GENERAL. The following facts exhibit at a glance the perfect security offered by this Association to Assurers:- 1. The number of Shareholders is .. 2. The subscribed capital is .. 3. The paid up capital is 4. The number of Policies ismed is .. D. The amount assured thereby is .. O. The gross annual income from Premiums, in cluding that of the TRAFALGAR LIFE AS SURANCE ASSOCIATION, now merged into the UNITY GENERAL, n"'o rive achieved such a solid position in so short a period, and thus be enabled to command such extensive funds, is a success without precedent. It is attributable to many favourable circumstances. The close connection of the UNITY GENERAL with its powerful and kindred Institution, the UNITY FIRE, has tended in many ways to advance its career. In like manner the UNITY GENERAL has benefited the UNITY FIRE, whilst the third Unity Association—viz., the UNITY HANK—will be of consider- able service to the others. All three Institutions—viz., the UNITY FIRE, the UNITY GENERAL, and the UNITY BANK—isl• though perfectly separate as regards capital, lithilities, manage. ment, &c., will be conducted in the same buildings, and thus, while they feed each other with business, so will they promote ticooomy, power, and an extension of their connections. 2.097 .£309,308 .C 77,934 9,413 .. £1,102,967 t 37,497 THE UNITY BANK. All the necessary capital for the UNITY BANK. amounting to 2500.000, has been subscribed for, whereof £150,000 is paid up and invested. Nor has the capital stock been hurriedly allotted to persons for speculative purposes. The Directors have exer cised the greatest care in this most important particular, and it is very satisfactory to know the Shares are all held by bon fide Shareholders in very small numbers. This fact is illustrated by the circumstance that up to the present period there are nearly 600 highly respectable Shareholders, whose names and addresses will shortly be published, together with an explana tion of the terms and principles on which the bus ness of the UNITY BANK will be conducted. The names of the various Gentlemen appointed as officials to the Bank will also be published. COMMENCEMENT OF BANKING BUSINESS. The Directors cf exact date on which the business will be commenced, in consequence of the uncertainty always attending the proceedings of the au thorities at the Board of Trade. The event, however, is close at hand, and will be duly announced as soon as it is decided. It is gratifying to know that no difficulty whatever exists (with the exception of the usual formalities) to the UNITY BASIC com mencing operations in a very few days. UNITY-GENERAL BONUS TN 1857. The first bonus of the UNlrr GENERAL will be declared in the year 1857, therefore all intending assurers desirous of partici pating are urged to make their proposals with as little delay as possible. The prospects of a large division are very good, arising not only from the great extent of business already effected, but also from the resuits that may be reasonably ex pected from the future. Applications for form. of Proposals, Prospectuses, Agencies, and all other information, are requested to be made, either per sonally or by letter, to any of the Local Managers or Agents throughout the country, or to THOMAS H. BAY LIM, Managing Director. Uttitysbuildlngs, 8 and 10, Cannon-street, City. Jan. 30, 1858. THE PRESS. CLERICAL, MEDICAL, AND GENERAL LIFE ASSURANCE SOCIETY. The Annual General Meeting of Proprietors will be held at the Office of the Society on THURSDAY, the 015 day of March next, at One o'clock precisely, at which Meeting Six Directois will be elected. Any Proprietor desirous of proposing a Candidate for the Oftlee of Director must send the name or sneh Candidate to the Secretary at least fourteen days before the day of meeting. The ballot will commence at Eleven and close at Two o'Clock. Au Election of an Auditor (on the part of the Assured) will also take place au WEDS ESDAY, the Zith day of March, between the hours of Eleven and Two o'Clock. BONUS. The Sixth Division of Profits will be made in January, 1F57 Those who complete Policies before the end of June next wil participate. GEORGE H. PINCKAItD, Resident Secretary. 99, Great Russell street, Bloomsbury, London, tub February, 18.7,.6. SPECIAL NOTICE. Ii ENT MUTUAL ASSURANCE SOCIETIES. eutEr OFFICES :—QUEEN•STREET PLACE, NEW CANNON STREET, LONDON. The UNITED ANNUAL INCOMES exceed X 27,000, and ALL PROFITS belong to the Augured. • LIFE. The NEXT DIVISION Pnorirs will include Parties assuring before 24th March next. The NEW BUSINESS of the last Eight Months exceeds £5,000 in Annual Premiums. FIRE. The CUARANTEIi FUND is being increased to lIALF•A-MILLION. The ANNUAL INCOME, since last Annual Meeting, has in creased beyond .C 5,000. GEORGE CUMMING, Manager. N.B. Agents are still wanted for some vacant Localities. SPECIAL NOTICE. The Books of the Society close ou Ist March, and Proposals lodged at the Heed Office, or at any of the Agencies, on or before that date, will secure the advantage of the present year's entry, and of One Year's Additional Bonus over later Proposals. MUTUAL LIFE ASSURANCE. THE WHOLE PROFITS DIVIDED AMONGST THE ASSURED. T H E SCOTTISH EQUITABLE LIFE ASSURANCE SOCIETY. Instituted 1831. Incorporated by Special Act of Parliament. The Fund accumulated from the Contributions of Members exceeds NINE HUNDRED THOUSAND POUNDS. The Annual Revenue exceeds ONE HUNDRED and SIXTY THREE THOUSAND POUNDS. The Amount of existing Assurances exceeds FOUR MIL LIONS and a QUARTER STERLING. The amount paid to the Representatives of Deceased Members is upwards of SIX HUNDRED and FIFTY THOUSAND POUNDS, of which SEVENTY-EIGHT THOUSAND POUNDS are Bonus additions. The NEXT D;VISION of PROFITS takes place on the let of March, 1836, and Policies effected before that date receive One Year's additional Bonus over those effected after that date. ROBERT CHRISTIE, Manager. WILLIAM FINLAY, Secretary. Head Office-26, ST. ANDREW-SQUARE, EDINBURGH. London Office 120, BISHOPSGATE-STREET, corner of Cornhill W. H. SMALRIDGE, Interim Agent. GLENFIELD PATENT STARCH USED IN THE ROYAL LAUNDRY. And pronounced by HER MAJESTY'S LAUNDRESS to be THE FINEBT STARCH SHE EVER USED. Sold by all C handlers. Grocers, &c. &c. I ") RD'S EUREKA S H IRTS.—" 'The Eureka' is the most unique and the only perfect fitting shirt made." Observer.—Best quality, sli for 405.; second quality, six for 31s. if washed ready for use, 2s. extra. CAUTION :—Ford's Eureka Shirts are stamped, " Poultry, London," without which none are genuine. Catalogues, with particulars, post free.-10 C kIAhD FORD, 38, POULTRY, London. The BEST and CHEAPEST TEAS in ENGLAND ate to be obtained of PHILLIPS and COMPANY, Tea Merchants, KING WILLIAM•STREET, CITY, LONDON. This is 11 good time to buy TEA; wheu Parliament meets, it Is almost certain we shall have an increase of duty to meet the expensed of the war. STRONG CONGOU TEAS-2s Bd, 2s 10d, 3s, 3s 2d. A general Price-current is published every month, ccntaining all the advantages of the London Markets, and is sent free by post on application. Sugars are supplied at market prices. ALLSOPP'S PALE ALE —REDUCTION in PRICE in Cask and Bottle.—Supplied by HARRINGTON PARKER and CO., Wine and Beer Merchants, 6j, Pall-mall ALLSOPP'S PALE ALE.---As recommended by Baron Liebig.—HARRINGTON PARKER and CO., , Pall-mall ALLSOPP'S PALE ALE.—As recommended by the Lancet Conuniesioner.—HAßßlNGTON PARKER and CO., bj, Pall•scall. A LLSOPP'S PALE ALE.—As recommended by Sir Charles Clark, Ma—HARRINGTON PARKER and CO., Li, Pall-mall. A - LLSOPP'S PALE ALE.—As recommended by Dr. Rowe.—DARRINOTON PARKER and CO., be, Pall•mall. ALLSOPP'S PALE ALE.—A s recommen d e d by Dr. Richard Formby.--HARRINGTON PARKER and CO., si, Pall mall. A LLSOPP'S PALE ALE.—REDUCTION in PRlCE.—Tmpertal quarts, 95.; imperial pints, 55.; impe rial half pinta. for luncheon, 35.•, and tu reputed measure at pro portionate prices; also in A l i tallon casks, at 3d, . each.— Address HARRINOTON P 'R tt d CO., Wine and Beer Merchants, si, Pall-mall. SATURDAY, DROFESSIONAL LIFE ASSURAN CE COMPANY, admitting on equal terms Persons of every Class and Degree to all iut Privileges anti Advantages. Offices, 76, CHEAPSIDE, Loudon. (Incorporated.) DIRECTORS. Chairman—Major H ENRY STONES, LL.B. Deputy-Chairman—JAMES ANDREW DURHAM. Esq. Wm. Wellington Cooper, Esq. I Rev. H. Hamilton, Be Vesci. Andrew Durham, Esq., of Bath tern, Kingstown, near Dublin and Belfast Captain E. Nash Norcou, R.N. Rev. J. Gleadall, M.A. Thos. George Williams, Esq. Jacob Montetlore, Esq. E. Gamaltel Winthrop, Esq. AUDITORS. George Ilain, Esq., 18, PurfiillFreiOrick Wollatt, Esq., Crowe. meta-street court E. W. G. Evans, Esq., 15, Baaingliall.street. Manager—Ben. Massey, Esq. Physicians—Thomas Alfred Barker, M.D., 71, Lower Grosvenor. street; Win. W. Gull, M.D., Guy's Hospital. Surgeon—W. White Cooper, Esq., F.R.C.S., 19, Berkeley -square. Bankers—The Commercial Bank of London. Solicitor—Edward M. Elderton, Esq., 3, Lothbury. With a numerous and influential Proprietary and Shareholders' There are two important clauses in the Deed of Settlement, by which the Directors have power to appropriate oue-tenth of the entire profits of the Company :- Ist. For the relief of aged and distressed parties assured for life, who have paid five years' premiums, their widows and orphans. 2nd. For the relief of aged and distressed original Proprietors, assured or not, their widows and orphans, together with five per cent. per annum on the capital originally invested by thew. No extra charge for going to or residing at (in time of peace) Amstralaisia, Bermuda, Madeira, Cape of Good hope, Mauritius, and the British North American Colonies. Medical men in all cases remunerated for their report. Assurances granted against paralysis, blindness, accitieutv, insanity, and every other affliction, bodily and mental, at mode rate rates. A liberal commission allowed to Agents. Annual Premium for assuring 1100, namely:— Age. A s. d. Age. A 8. d. 20 ll3 0 4U 216 6 30 2 2 0 30 4 2 1 Prospectuses, with tables and fullest information, may be had at the Offices of the Company, or of any of their Agents. Applications for Agencies requested. BEN. MASSEY, Manager. Offices, 76, Cheapside, London. Established 1838. 'VICTORIA LIFE ASSURANCE COMPANY. No. 18, King William-street, Mansion-house, City. Life Assurances of every description effected. half the Annual Premium may be paid during the first five years Oue.third may remain on credit during the whole of life, Endowment Assurances, payable at 60, 55, 0, &c. Loans to Assurers on personal or other security. so per cent. of profits go to Assurers ou the bonus scale. The last bonus averaged 53 per cent. on the Premiums paid. WILLIAM RATRAY, Actuary 1 1 IIE LONDON and WESTMINSTER BANK issues CIRCULAR NOTES of 101. each, payable at every important place in Europe. These Notes are issued without charge, and they are cashed abroad free of commission. The Bank also homes. free of charge, LETTERS Of CREDIT on all the principal Cities and Towns in Europe, and upon New York and Chicago, United States ; Cape Town, Graham's Town, and Port Elizabeth, Cape Colony. LETTERS of CREDIT and BILLS of EXCHANGE are likewise granted upon Melbourne, Geelong, Belfast, Ballarat, Castlemaine, Sandhurst, and upon Hobart Town, Australia, AT PAR. The Letters of Credit are issued only at the Head Office in Lothbury. The Circular Notes may be obtained at the Head Office iu Lothbury, or at any of the Brunches—viz., Westminster Branch I, St. James's-square Blromsbury ditto 214, High Holborn Southwark ditto 3, Wellington street, Borough Eastern ditto Marylebone ditto 4 Strattord-place, Oxford-street Temple-bar ditto 217, Strand The rate of Interest allowed on Deposits of 5001. and upwards at the Bank, or any of its brunches, is now Five per cent. J. W. GI LBA RT, General Manager. BANK OF DEPo s I T, `0.3. PALL-MALL EAST, LONDON. Established A.D. 1844. Parties desirous of liivestri;i24;;;;;rerequested to examine the plat, of the Bank of Deposit. Prospectuses and forms for opening accounts sent free on application. PETER MORRISON, Managing Director. SCOTCH SPUN SILKS for LADIES' and CHILDREN'S Spring and Summer Wear, in all the CLAN TARYANS and newest Fancy Patterns, made in permanent colours and an extra quality, expressly for SCOTT ADI E. Also, TARTAN IRISH POPLINS, in great choice, at SCOTT ADIE'S ROYAL CLAN TARTAN, SCOTCH SHAWL, and WATERPROOF CLOAK WAREHOUSE, 115, REOENT-STREET, corner of VIGO STREET. Patterns sent to the country free. DEAFNESS. —The only medal awarded at the Great Exhibition of 1851 (for Acoustic Instruments) was to F. C. REIN, for his new ACOUSTIC INSTRUMENTS for the DEAF. They are made of different power. to suit ex Creme and every degree of Deafness. To ho procured only of the sole inventor and maker, F. C. Rein,loB, Su and, nearly ultoiiita Exeter hall, where the Instrument can be tried and numerous testimonials seen, amongst many one from the Right lion. Sir John Patteson, one of her Majesty's Privy Councillors OLDRIDGE'S BALM OF' COLU M BIA , acknowledged for the last thirty years to be the most etlec• tual remedy produced for restoring the hair and promoting the growth of whiskers and moustaches, has received recently most distinguished patronage from the Ladies for the feature it r.is sesses in not soiling the most delicate .readdress or bonnet. ror children it is invaluable, forming tho basis of a beautiful head of hair. In bottles, 3s. Cd., 65., and ila. Wholesale and retail, 13, Wellington-street North, Strand. THE LEADING and POPULAR ARTICLES of DRESS manufactured by B. BENJAMIN, Merchant Teor, 74, REGENT-STREET :—The PELISSIER OVER' COAT, price 'des., invented and adapted for the Beast , ' ; the Reversible Waistcoats, price 145., buttoning four different sides; the 47a. Suits, made to order from Scotch, Heather, and Cheviot Tweeds, all wool, and thoroughly shrunk; the Two-Guinea Dress or Frock Coats, the Guinea Dress Trousers, and the lislf• Guinea Waistcoats. 733.-A perfect fit guaranteed.