The Sun.
London, England, 1864-08-24 00:00:00

RE ROYAL INSURANCE COMPANY,
29, Lombard-street, London; and
Royal Insurance-buildings, Liverpool.

At the Annual Meeting, on'the sth inst., the following were
lioirie of the leading results disclosed in the Report to the
attar eholders.

FIRE BRANCH.
The Premiums of the year 1563 reached the sum
of £341,668
Being an advance of 40,977
aver 1862; an amount of increase exceeding that of any pre-
Vious year.
The Revenue from Fire Premiums has been en-
hanced in four years by the large sum of £113,353

The Duty paid to Government in 1862 was. £75,993
Ditto ditto, 1863 88,966

Showing an Increase in one year of .... ...... £12,973
Amon.. the incidents which have tended to the advance-
ment of the Royal within the last few months may be reckoned
its action with respect to the losses sustained by the explo-
sion of the Lotty Sleigh, which although on iy oonlistent with
the general tenor of the conduct of the Company, and ulti-
kately proved to be no more than what had been done in tor-
t:ter times by the oldest and most proverbially honourable
among its contemporaries, yet attracted attention and public
favour by its unhesitating promptness.
As the largest total of Revenue and the largest ratio of
progression have been attained in the present year, so it
happens that the largest Profit which it has ever iallen to the
Directors to record has likewise on this occasion to be an The balance of net profit on theyear has amounted
to 03,515 • of which sum £34,100 only has been appropriated
to Dividend and Bonus, and the large balan.e of £49,141 been
carried to Reserve.

LIFE BRANCH.
_The progress
transacted in the last year, is most promising, and
the advances made, year by year, in the amount of New In-
surances effected, eh ,w clearly the estimation in which the
Company is held. The following is a statement for the last
Ave years :
Net Sum Assured on New Policies

after deducting Guarantees.

Net Premiums.

1859 - £434,470 11 10
1860
1861
1864
1863 .. 752,546 18 10
This rapid growth, amounting to 73 per cent. on the Sum
Assured, and upwards of 80 per cent. on the Premium re-
?eived in the course of five years, may justly be considered as
The
than any which could have been reasonably expected.
e first halt of the current year 1864, however, far outstl ips
the ratio of increase indicated by the figures just quoted, as
The sum assured for that period of six months only actually
exceeds Half-a-Mil ion sterling.
The rate of Mortality, likewise, still presents highly favour-
able features, and augurs well for the result to be shown by
Ve quinquennial investigation, which is to take place when
the present year is concluthd.
PERCY M. DOVE, Manager and Actuary.
JOHN B. JOHNSTON, Secretary in London.
August, 1864.

11 HE ABERAMAN IRON WORKS (Limited),
(ICORPORATIONate Crawslisy Bailey's% Introduced by the FINAN-
IAL (limited), who invite Subscriptions
for S'uares, of wht;th upwards of 5,000 have been applied for
In the above Company.
Illeorporated under the Companies Limited Liability Act,

1862.
Capital £50;1,000, in 100,000 Shares of £5O each.

, £1 Deposit on Application, and £4 on Allotment.
4 is nrit contemplated to call up more than £25 per Share.

William Walter Cargill, DIRECTORS
Esq., 111. P , Director of the Orien-
tal B nk Corporation.
Eugene Collins, Esq., Director of the London, Birming-
'lam, and South Staffordshire Bank (Limited/.
J. B. Cumming*, Esq. (Messrs. J. B. Cumming and Co.,
London), Director of the Continental Bank Corporation
(Limited).
,Joseph William Holland,;Esq., Directorlof the Provincial
zanking Corporation.
William Hurh Logan, Esq., Banker, Berwick-on-Tweed.
:11 ernes Marsh .11, k sq., Wildwood, Hampstead.
-• Navlor, Esq. (Messrs. B. Gott and Sons), Leeds, Di-
rector of the London and Lancashire Assurance Company.
nonaniy Price, Esq., Director of the Western Life Assur-
ance Company,
Pan y.
Reginald Read, Esq., Director of the Crystal Palace Corn-
- -

James D. Thomson, Es q (Messrs. Thomson, Watson, and Co.
St. Peter's-chambers, Cornhill), Director of the European
Bank.

(With power to add to their number).

BANKERS.
The London and County Bank and its Branches.
The Alliance Bank, at Liverpool and Manchester.
Messrs. 'Bail ie, Cave, and Co., Bristol.
The Leeds Banking Company, Leeds.
Messrs. Crawshay Bailey, Greatres, and Co., Monmouth,
Newport, and Abergavenny.

SOLICITORS.
14ESSIT. Sole, Turners, and Hardwick, GB, Aldcrmanbury.

London.
lIROKERS.
James Shepherd. Esq., 36, Thromortni-street, London.
Alessrs. T. Tinley and Sons, Brown's-buildings, Liverpool.
Messrs. Itidsdale and Waiies, Pork-row, Leeds.
Messr . Mewburn and Barker, Moult-street, Manchester,
and Halifax.

AUDITORS.
Frederick Maynard, Esq., hread- street. London.
James Maurice, Esq., Old Jewry, London.
S tmuel Lowell Price, Esq., Gresham-street, London.

SECRETARY.
J. H. Flesher, Esq.
TEMPORARY OFFICES.
29, Threadneedle-btreet, Lcndon, E.C.

ABRIDGED PROSPECTUS.
The extensive and valuable properties of Crawshay Baile
eq.,
M.P., known as the Aberaman Iron Works and Col-
"y, which are of European celebrity, have been carefully
anrveyed by Joshua Richardson, Esq., M.LC.E., F.G.S., &e.,
and extend over an area of 1,531 acres of Freehold Land on
the North Crop of the South Wales Coal Basin, and contain
greater number cf the veins of i, onstone and coal than is
usually found in any property of equal extent.
The coal is the noted Aberdare Steam Coal, and certified
by Mr. Richardson as " The best steam coal in the kingdom,"
aad stands at the head of the Government list.
Mr Richardson describes the property in his Report " as
'ontaining 16 veins of coal, of the aggregate thickness of 48
feet, besides the numerous courses of ironstone, of the agc,,re-
gate thickness of 1411 feet ; these extend over the area of the
whole estate, and there are four veins of the average th'ck-
hess of 8 feet, which crop out on the side of the mountain ;
and below the 9 feet there are four more veins of coal of 10
feet in thickness."
The ironstone "is the black band, a carbonaceous ore,
Which is comparatively rare, and yields from Si) to 70 percent.
Of iron," and aso the ordinary argillaceous ironstone. The
aggregate thickness is 5¢ feet.
The estate contains at least 91,485,440 tons of whole or un-
Worked coal, which would yield a supply of upwards of 1,000
black
a day, or 3(0,010 tons per annum for 304 years ; and of
lack band iron ore, 4,€40,5)0 tons, which is equal to 3,000
tons of bar iron per annum for 773 years ; and of .irgillaceous
ironstone, 135,3 9,270 tons, whi.l is equal to 500 tons per
Week, or 2640) tons of bar iron per annum for 1,300 years
. This Company has entered into a provisional contract for
purchase of the whole of the freehold and leasehold
estates, including the whole of the minerals, rents, royalties,
Waylcaves, &c., besides the ironworks, coal-fields, and good-
Will of the business, and a so the mansion, 300 cottages,
buildings, plant, machinery, engines, stocks, railways, tram-
Ways, and other property.
Mr Crawahay Balky, although working the property only
to a very limited extent, has realised very large profits, and
retires, in consequence of advanced age, with a princely f,r-
lane. Mr Richardson reports that the income may be doubled
or trebled u ith moderate additional outlay, and Mr. D. Jones
reports that £lOO,OOl per annum net profit can easily be
realised ; and assuming only half this income be pro Iw:ed,
s.and supposing the share capital upon which the dividend will
ve payable to be £250,000, i: follows that, after allowing in-
terest on loans, &c., from 15 to 20 per cent. will be available
for a dividend to the shareholders, and this not from an un-
ilertaking requiring to be developed, but from an old-estab-
ished and lucrative business.
With a view to keep the called-up Share Capital as low as
possible, arrangements have been made by which the vendor
has agreed to allow a large portion of the purchase money to
remain at interest; this will materially increase the dividends
to shareholders.
Copies of the Articles of Association, which contain the
terms of the provisional contract, and of the reports referred
to, may be seen at the offices of the Solicitors of the Com-
pany.
Applications for the remaining shares must be made in the
form annexed, and be accomp Anted by a payment of £1 per
share ; if no allotment be made, the amount will be returned
forthwith ; if a less number is allotted than is applied for,
the amount paid on appli ation will be applied towards the
payment of the £4 due on allotment—the balance, if any,
being returned.
Detailed Prospectuses and Forms of App'ication may be
had at the Office of the Company, and of the Bankers, Bro-
kers, and Solicitors ; and also at the Offices of the Financial
Corporation (limited), 14, Leadenhall-street, London.

PRIZE ME D A L.-INTERNATIONAL
EXHIBITION, 1862.
FRANCIS TUCKER & CO., Wax Chandlers, giro.,
To the Queen and the Prince of Wales.
(Established 1720.)
The Jurors' Report on Wax and Church Candles, in 1862,
testifies to the excellence of the quality of Messrs. Tuckers'
kanutazture.
_A distinguished Dignitary, in a letter addressed to Francis
Tucker and Co., on the subject of
WAX CANDLES with PLATTED WICKS,

_
says
I have found them fully equal to the recommendation
Which you ,crave them, and can sincerely, in my turn,_l com-
baend them to the clergy for the use of the altar."
/'inest quality, with latted Wicks, patented.. 2s. 2d. per lb.
Ordinary quality • • .. 2e. Od. per lb.
VEGETABLE CANDLES, with a Mixture of Wax.
nest. quality . Is. sd. per lb.
pecond quality is. 3d. per lb.
thirds.
quality • . •.: is. ld. per lb.
Carriage paid in London on 'Orders of Five rounds in value.
FRANCIS TUCKER AND CO.,
:8, South Molton-street, Grosvenor-square. Manufactory—
Kensington (Established 1730).
he largest Establishment in England for the Manufacture
of Wax Candles for the use of the Altar

ROUND SHOULDERS, STOOPING HABITS
and DEFORMITIES are prevented and cured by
HANDLER'S IMPROVED CHEST-EXPANDING
-PACES, for both sexes, of all ages. They strenothen the
Poise and tungs, relieve indigestion, and are especially recom-
'ilended to children for assisting- the growth and producing a
perfect symmetrical fi'urc, superseding* the old braces and
B,rnera-street, Oxford-street, W. Illustrated
Pamphlets forwarded.