The Express.
London, England, 1863-06-16 00:00:00

8,637 3 7

Amount paid to respect of 187 current
annul es
Commission to sgents, and proportion
of general charges 2BO 8 1
4,415 11 11

durplue ;carried to Accumulated Fund)

fA,121 11 8

Number of Life Policies current on 31st December, 1441 -6,408
Aggregate of the amounts thereby imared—S3,3Bo,76L
Seemanlased LIM funds al 11124 December, 188 t.
Non-participation fund 4120,380 T 4
Participation fund
Annuity fund

Total We Funds.

£467,963 16 3

" Owing chiefly to the great advantages afforded by the
company to those who join the participating' class of
policy-holders, in consequence of which comparatively few
transactions find their way to the' non-participating' branch,
the details of the progress of this department generally
pongee less interest fur the shareholders than they do for
the assured. Under these circumstances, it is to the latter
that your directors have, in the first instance, to crier their
congratulations on the results of the year.
By comparing the foregoing with former reports it will
be found that in 1862 a larger number of new eutrante
joined the Participating Branch than in any previous year.
The claims by death were, at the same time, considelahly
lighter then the calculations of the office provided for ; sad
the amount added to the Accumulated Fund is within a
fraction of 30,000 i.
" In the Nou.participating Branch, which interests the
proprietors sloes, although, so before stated, the amount
of new boldness has been small, the claims by death have
also been below what was to be expected in the 27th year
of the company's existence; and the sum carried to the credit
of the Accumulated Fund is correspondingly large.
"Taking the two branches together, it will be seen that, in
number of new policies issued, wept* of amounts assured
and premiums arising therefrom, the results of the year
exceed those of any of its predecessors."
Investments.
Total assets of the Company at 31st December,
1882, standing so follows, and yielding an ave-
rage rate of interest of As 9e. taL per cent. per
=MIA £686,681 5 4
1. On real estate
2. Consols, New and Reduced
Three per Cents.
3. On assignment of dividends
on stock in the public funds,
reversions, dm
4. Railway and other deben-
tures
5. Indian Government guaran-
teed railway stocks
6. Colonial (British) Govern-
ment bonus 21,864 7
7. Yrusailin thivarnment hoods
and Debentures 14,068 10 2
8. Oa railway and other stocks
and shares ..... 55,071 17 5
9. On personal security with
aasignment of life policies
10. Advaucrs to the assured on
their policies, beat% in all
cases within the surrender
value thereof
11. Company's premises in Aber-
deen, London, and Edin-
burgh
11. Bmidry other securities

188,848 8 2

06,816 11 0

28nt 10 I

23,259 10 11
%WO 19 1

£524,242 8 0

Bills receivable,
being remittances
not arrived at
maturity
Am.mot at the de-
bit of the Mel-
bourne Branch
(on deposit at in-
terest, or on cur-
rent account
with banters
there) 13.514 19 U
In the hands of
other branch of-
fices and agen-
cies 30,019 5 2
On deposit with
Bankers iu this
country .. .. 20,000 0 0
On current ac-
.

eoaata with do. 21,756 1 3
abweet 012 Inveit.
mats accrued
NR met payable 4,884 10 0
" datums aa-
-3,216 2 3
lla 8 7

este
Cub In hand .