The Sun.
London, England, 1863-03-05 00:00:00

RAILWAY PASSENGERS ASSURANCE.

The half-yearly meeting of this company was held
yesterday at the offices, Cornhill, the Hon. A. Kin-
naird, M.P., in the chair.

The report stated that the total income of the
company for the year ending the 31st of December
amounted to £26,633, as against £23,311 for the
corresponding half of 1861. The total premium
income of the company for the year 1862 was
£55,187, against £48,945 in 1861, showing an in-
crease of 12.75 per cent. The working expenses
had been reduced from 31.25 per cent. on the pre-
miums of 1861, to 29.86 per cent. in 1862. The total
number of new general accident policies issued
during the year had been 6,325, insuring the sum
or £3,596,560, and realising £13,047 in premiums.
The cash received for premiums during the half-
year was £24,143, and for interest on investments
£317, which, added to £15,397 brought from the
previous half-year, completed the sum of £39,857
to the credit of revenue. The working expenses
amounted to £8,128, and the compensation to
£15,325, to which was added £2,489 due from the
Clearing-house, forming a total balance of £17,814.
The directors proposed, in addition to the half-
year's interest at the rate of 4 per cent. per annum,
to declare a bonus of ls. per share, of which one
half would be paid in cash, and the other half
placed to the capital account. The total compen-
sation paid during the year was for 16 fatal cases
£11,850, and for 1,632 cases of personal injury,
£20,405 ; total, £32,255 ; being at the rate of 5844
per cent. on the premiums, against the rate of
59.93 in the previous year.

The CHAIRMAN, in moving the adoption of the
report, adverted to one case of fatal accident in
which a commercial traveller had insured for £l,OOO,
having left a wife and six children, to whose ac-
count the money had been paid. During the Inter-
national Exhibition upwards of 300,000 passengers
had taken returntickets, and from the extension of
railways into the metropolis it was believed that a
much larger number of persons than heretofore
would avail themselves of the advantages offered
by the company, The fact of having paid £32,000
out of £55,000 received from insurers was con-
sidered a great advantage to the public, and when
it was considered that compensation at the rate of
£lOO per day was now paid to insurers, it was
hoped that the great advantages offered by the
association would be fully appreciated.
The retiring directors and auditor were re-elected,
and the allowance to the directors was unanimously
increased from 1600 to £l,OOO a year.

Foreign Mail. Packet List.

MAILS DUE.

Aur.ralia and Mauritius, via Southampton. Mar. 21.
via Marseilles Mar. 15.
Llrazil and Cape Verds, by British packet Mar. 6.
Cape of Good Hope, Ascension, and St. Helena Mar. 3,
China, Penang, and Singapore, via Southampton Mar. 4.
via Marseilles Mat 15.
Falkland Islands
Gibraltar, via Southampton Mar. 4.
India (Calcutta), and Ceylon, via Southampton Mar. 4.
via Marseilles M ar. 15.
India (Bombay) via Southampton Mar. 13.

_ .. — via Marseilles Mar. 7.
Portuga1....
Malta, Egypt, and Aden, via Southampton Mar. 4.
via Marseilles .. Mar. 7.
Newfoundland .. Mar. 4.
Oporto and Vigo
U. S. and British N. America, by Brit. packet.... Mar. 4.

, -
by U.S., packet
by Canadian packet Mar. 6.
W.C. of Africa, Madeira' and Teneriffe Mar. 10.
Bahamas, via New York Mar. 12.
Mexico
All parts of West Indies, including Chili, Peru, 1 Feb. 28.
California, and British Columbia..

DISTURBANCE OF THE SEA.—The Graham's Town
Journal makes the following statement :—" A
farmer named Elliott, residing near Gusha River, while
crossing the mouth of the Keiskama, a few days since,
noticed an eruption in the sea, which was violently agitated
and forced upwards as from the spouting of a whale. On
approaching the spot as closely as possible he perceived that
a dense body of smoke rose as from a crater, and when the
tide threw the surf over the spot it was immediately thrown
some 40 or 50 yards into the air, the water for a circum-
ference of half a mile assuming the colour of the blackest
ink. This continued for some 15 minutes, and gradually
died away with a rumbling sound."
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