The Sun.
London, England, 1865-08-07 00:00:00

Police-constable 49 E corroborated the last witness.

Mr. Tyrwhitt fined the prisoner 40s. or a month for the
assault on Xr. Emms, and 20s. or 14 days for that on
Ranner.

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

TWELVE O'CLOCK.

The Money Market continues quiet, the demand
being no vof a moderate character. The rates out
of doors are 3i 4 per cent. .

Sixteen thousand sovereigns from Portugal were
taken into the Bank on Saturday.
The report of the London and Lisbon Corkwood
Company, to be presented on Thursday, states the
available toal at £3,219, and recommends a dividend
for the half year at the rate of 15 per cent. per
annum. The Company have acquired .extensive
forests in Algeria, and samples have been received
therefrom.

The accounts from the various manufacturing
districts have generally been satisfactory during the
past week. At Manchester there has been a fair
demand for goods suitable to home requirements,
although only moderate transactions have been re-
corded for exportation. The woollen trade of
Leeds, Bradford, and Huddersfield has been season-
ably active, while the demand for lace and hosiery
at Leicester and Nottingham has been steady. At
Birmingham, Sheffield, and Wolverhampton there
has been a slight improvement in most departments.

At the annual meeting of the Royal Insurance
Company, the report on the life business was of an
exceedingly gratifying character, the sum assured on
new policies effected- in 1864 amounting to the al-
most unpreeedentedly large sum of £1,014,897, and
the premiums thereon to £32,708. Large as were
the operations of the past year, however, the results
disclosed in the able bonus report and elaborate
" appendix" of Mr. Percy M. Dove, the talented
actuary of the company and well-known mathema-
tician, eclipsed much of the interest that would
otherwise have attached to them. The Royal, in
completing its twentieth year, completes also an-
other quinquennial period, and it* liabilities
and assets have undergone a minute investigation,
and been valued on the safest and soundest princi-

plea which experience has determined. After show-
ing in his report how rapidly the company's business
has extended in the five years just closed, Mr. Dove
states that the amount of surplus profit realised in
that period is no less than £168,985. Of this
amount he, for convenience, takes an even sum,
£1.65,000, and after appropriating one-third to the
Credit of the proprietors, the remaining sum, it ap-
Pears, "is sufficient, even though the interest of
money should only be 3 per cent., to provide a rever-
sionary bonus of £2 per cent. per annum to be added
to the original sum assured of every participating
Policy effected prior to 1863." This, we need hardly
My, is the largest continuous bonus ever declared by
any other office, and this fact of itself is the best
Proof that can possibly be given of the careful
management which has all along characterised the
Progress of this gigantic insurance institution. The
appendix " to the actuary's report consists of 48
Pages, and gives the .minutest particulars as to the
affairs of the company. It would save much disap-
Pointment if this practice were followed by all asso-
ciations that transact life business. Those who do
riot, however, are always open to suspicion that their
affairs are not satisfactory, and hence they run a
great risk of being eclipsed by an office like the
Royal, whose great desire seems to be to keep
the public fully informed upon all matters of
detail as well as of results in the aggregate.
Were this not so the Appendix would not have been
Published. For the first 15 years of the company's
existence the net premiums received, after deducting
re-assurances and returns, amounted io £332,903,
ill the last five years £543,025, the difference being
£210,032, showing the amount of the last five years
to:be no less than 63 per cent. in advance of the
previous 15 years. The expenses, including com-
mission and every other charge, are gradually
ditninishing. In the first 10 years they were 14.8
per cent., in the next five years 12.75 per cent., and
in the last quinquennial period 11.98 per cent. The
Claims have been remarkably favourable. In the
first 10 years they were 32.75 per cent., the follow-
ing five years 31.7, and for the last five years 33.39,
While for the whole period of 20 years they were
32..9 per cent. of the premiums received. The rapid
growth of the accumulated funds is another evi-
dence of the soundness of the company. At the
close of the last five years they amounted to the
targe sum of £571,046, being nearly 70 per cent.
above the total accumulations of the preceding 15
rears, and more than five times the sum accumu-
lated during the first 10 years of the company's
Progress. The total accumulated funds, including
all departments of the business, together with the
the
capital, now amount to £1,160,649. In
'no fire departinent the Royal has advanced still
inure rapidly than in the life. The fire pre-
miums in 1864 were £406,403, being larger by
£64,736 than those of the preceding year.
The losses, however, were heavy, as they have
been. in all similar companies, and, as a con-
sequence, no profit was made on this head ; but,
of Course, the results of fire insurance must never
be taken by single years. It is satisfactory to find
that although in eight years there have been two
exceptionally bad ones—the past, and the year
1861, when the large fire in Tooley-street occurred
--yet that over the whole period the Royal has
realised on the fire business a very handsome profit.
11l one year alone, 1863, the profit was £83,000.
There is then no cause for complaint, but every
reason for congratulation, and it is to be hoped that
kr. Dove, to whose Herculean labours this com-
Pany is so greatly indebted, will long be spared to
guide and conduct its affairs, and that, with the
assistance of Mr. McLaren, the sub-manager, and
the other officials, it will go On not only as pros-
perously as hitherto, but, as there is every indication
uf its doing, still more prosperously.

Two O'CLOCK.
R'euter's
At the Paris Bourse this morning, according to
:Iter's telegram, the 3 per Cent. Rentes were
6:
`." 05e. Firm and animated.

The English Stock Market has continued in a
..911 inactive condition all day, but prices have
nevertheless shown much firmness. Consols are
I`Tinted 89* 90 for money, and 90* fox the account.
ne New Threes and Reduced Annuities are 89/ ;
dia 4 per Cent. Certificates, 994.
IrerY little business has been concluded in the
°;eign Market, and prices have been without the
'"ghtest alteration. Turkish 6 per Cents., 1862,
are 7 ; ditto Consolides, 49/ 50 ; Mexican, 23* ;
ditto New
22i 23*; Greek, 201 21; Spanish Passive,
i; ditto Certificates, 131 1 ; Italian, 63/
aria Confederate Loan, 7 8.
r, The preference shares of the Atlantic Telegraph
rta,
r 'I.Y excite general interest. In the early part
13,i the day a decline took place to 2/ dis., but
they have since recovered to 2/ 1 dis.
very little animation, and prices have shown no
havneg declined 10s. and Midland ss. ; while North