The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1869-05-18 00:00:00

STATEMENT SHOWING THE INVESTMENT OF THE FUNDS.

Mortgages and other Landed Sororities ...
Government Securities.. .
Loans on the Company's Policies within their Surrender
Various Inveatmenta, inolading the obligation. of other Companies
Stocks and Debentares .
Bank Balances, Arent' Balances, and Premium. aeon Irtmott Days of Gracie are current
Invested Abroad, in oonneotion with Colonial liminess
Life Annuities and Reversions pureltued
Miseellaneous Property . .

INVESTED FUNDS

... £2,687,308 17 3
... 61.548 19 0
... 205,552 12 9
... 355.179 8 7
... 280,475 6 7
... 273 906 9 9
... 84,459 1 5
... 35.694 16 10
... 108,484 4 0

... £4,095,589:16 2

THIS CHAIRMAN then addreesed the meeting aa follows
The progress of the Company daring the part year h.. been .0 folly brourht before you in the Report of the
Directors, that little remnins for me to say In eddresOng you from tbe Chair ; but it may, perhap., tend to.
fuller appreciation of the results commaricated, if I pines them before you in a somewhat lem formal shape than
they are fie= in the Report.

-
. -
The first psint which claims your attention Is the large amount of New Business offered to the Company
during the year 1868, being larger thtn In the previone year—which we. one of marked incoviase—sud of such an
amount as to boar maple testimony, not only to the favourable position which the Company occupies 's the public
eseistainen. but to its widee-wsw il and tellaasiial wawa ' Neither the anoint nor number el seenranees
accepted quite remise the sum of 1817, although the la 4 Mid number promote( sinned Its results; but the
Directors eoesider themselves quite entitled to elaim erellr the emersine of a wise discretion ln intuits into
a smaller number of contracts out of a larger number of mewls • indeed, the "Selection of Lives,* which is
the point involved, le one of the most important parte of -tie Direeiorna data«, requiring constant natal( altime
and attention.
-

Bat while making this explanatory statement, I would skis for the yew 1868 a speak] advantage over the
year 1967 in its general program, although Ha wen& program say bare boon vary'sisailw ; far it is • not•worthy
Net, that while whthin a few weeks of the closing of the ewes see the year 1868 was in Wrestle upward.
of £lOO,OOO in Now Awareness over the earn. period in 11147. the progress awls in those few remaining wesica
was so much interferred with by the General Eleetioms, that anticipated large Woman, of which the
Direct 're had just hopa, wee not realised at the aloes of du year, although the large and satiefastory results now
reported were reached.
Next In importance to the selection of lives lath. lavostesest of th• Company's Fonda, and unrelated attire-
tion is paid to that department of M The rale of the Board le to invest chi. au the mearity of mal
Mama, as the most reliable mode of sof y emploOng the Feeds, which. in the trorre of the business. WU their
duty to accumulate and protect, and it will be Assrved that the Company have upwards of two-thirds of
_their
Funds invested in first-claw Mortgages and Leaded Sethrillisa The onus flesstritite sad Innentsubt kabd ars
also uroteeptionable although not Gaming uoder the class 58 •' Moortmages." Borne are firrt-MansD.zis and
Stocks guaranteed by the Government of LAMA ; others emelet of Government Poenrities ; asd lie the
Company's Policyholders within the value of their poliales ;while a wadderahla smooth esseislis of ths reamin-
log ineestmseta of those Composite whom btudores has beta trensfsrred to the Standard, and whisk clotlmi a
more general character than those we are in the practise of esionoting In conneogon with our larger sposny of
Investment, cannot be no easily branched under precise heads, The Wig:aloes of other Con:pa:des ; Briressee, _ ts
in consection with the Colonial branch ; currant talanewusti Eiellsm:•,66llste. sad others ; sad "/Bmsliermoes
Property." make up the total. The Directors are sa ' the lavestmaste held are of the first-olaos, a
point which will he more fully broeght out nut year, wheats Medan, appointed, la Mort on moll
separate tranasetioe, with • view to the Investigation of UK
The Company continue to rewire a fair and 'enamor:Awe :she of Whereat on their iavestimeate. It is not
Possible to wenn a larger rate without seeldsg leis eligible IseweasMons for Ike ismatesset of the feeds, which
the Directors are not prepared to do ; and, persuieg that mom they will wardder thessadvse fortunate if they
can owitian• to mike an sewers Mara of to 44 per man ei the kw rims for the levesSesent of whisk they
have to make provision. Snob a return will, it Is awes* sessmay to add, prove highly remueerative, and
yield a wasiderablet margin of profit.
The oninomanial periods whisk separate our Investigatilis sad Divisk" Pronto owesd o•ob "kw with
whet mama to be inereasing rapidity. for the Comproty's lessosotioaa are now so extensive, that, no wow has
one period bees eon tidy dosed and reported as Uwe the eiesettea of the Direston is celled to the approach
of another love Moo. Already the Manager red his amisisthe have, for twelve mouths, bees espod in the
Preliminary arrangements and salealattose for the periodical Inverillistion of 1870. Those Isomtlintioss have
bessome a truly gigestie work, and the mere mow Vas Direekirs, words( on the adrift of their ifsusgsr, tit net
molest to invesirgeke the Company's position by the test el one „,sst of ohetrretiess only, but wtheldec 010807
their ors stperissee and that of other Compemies, as well es theßeifistssr-tkomerurs observation' as to 1"
aiue
of life mend Sh.i,uLtL. ',barony, they do so bodeote, owing ort the wide dietetic:se which the Company's
oressellatiss alesea. to nee every pronatlen, by the e o/ new and improved data, to keep the [urgin-
g:is in the Pomaded position. no manager egpresP=ll Assersoce Companies will derive very great
advantage bow s& isquiry now in progress In the mortar experisseed he the Smith °alai, and 111 • Martha
Inquiry instituted into the results shown by these MINN le rellibiedniOn with • select number of the English
Compankm The reports on both ens of observations win theally be published, and the Director, will not fail to
avail themselves of the revolts.
The Bill •• to Aisuranee Companies' Aooostota, arida hes been introdated into Parliament this Bassion, is an
Impanels' one, ea, if pared into law, it will sonUe the *no to me the program and position of the different
0611•11 by the registration of acooente is a set form. Ye m agsr bee sdebed on the Committee of
for the revision of the Bill, ma anthologies eonfidantir thakitt literttee win he of serves to the eseeeltila
emmeme. The Bememsbeem and neweles required are wow ; led whether the eteleele hem".
an4s4or net themew., prop. to oda", akaba forma. by the Committee, for the Weer animpli-
limfdre of the Bedews in future pars
Oa preview sestelom, rim yea have dons me the istfas: '
mi•••• .•••Pleyeel by Übe Meskin ethand the Imulows, Ide
es, in the *drawled positles is whisk we sew
r•rs assiatiniss. 111. must now endeavour to esosoldctB ear sat
6k:hilarious. doubt;N7pe rus require trio
mica ter the reemaseney the Inetlitselloseigg
Pradiemily. while w• Allard am mach Inolfhie
The EMS! apptevel el.
JONIIII
e
len •
b 5, '
'
DOEC OMER ' • o
itllMOneo, nrillos:gisr.Doesel Bask.
BLANDWYRD ll6llllllll,
"

WILL
H.

FUNTHIR ncrORATION elliatrad at
LONDON.. .......... ...... ..1
EDINDDROIf .........

MI me to this oheir, I have dwelt upon tho
sot now flnd room tat my observations mar
m him my nearly. I think, exhausted our
lomosidon. and to reader out seams of supply
olive to the °mummy's tateronle, end alert la
out for =tub* ast pie= for Inereassd
work whke we have Mon in hand con•
to thaw who comlide M us.

~.t, Maeopor.
, Gemsrel Harttory for litglasat
et the Oompaay, or et say el the Meath,*

La ; AND