The Sun.
London, England, 1825-10-20 00:00:00

LONDON MARINE INSTITUTION.

Yesterday the Subacribeis and Friends to
this Institution held their Annual Meeting at the Marine
Society's Rooms, over the Royal Exchange, for the pur-
pose of receiving the report of the committee for the
past year, and the election of officers for the year en-
suing. The attendance of members was rather more thin
than usual, but this circumstance was amply compensated for
by the very cheering prospect of the Society's affairs, displayed
in the report. After passing some routine resolutions, and
electing a Treasurer, Secretary, and Committee of Manage-
ment, the meeting separated. In the evening they again as-
sembled, with increased number, at the London Tavern, where
the annual dinner was held, and a truly grateful feast it proved.
Captain YOUNG, of the Royal Navy, was in the Chair, and in
the course of the evening very forcibly impressed upon the
Meeting the merits of the Institution, and the means of pro-
moting its prosperity and welfare; and he took occasion strongly
to urge all Masters of Ships to make it known to their passen-
gers, and to their connections in foreign and colonial ports,
assured that they would not appeal to then: in vain in support
of so admirable and benevolent an object. Several other ap-
propriate speeches were delivered, and, between sentiment and
song, the company were laid under embargo until an advanced
hour of the morning.—The following is a copy of the Report
of the Committee :--

" As many Gentlemen present may not be acquainted with the
rise and progress of this Society, to such the Committee think it
may not be uninteresting to be informed,--That it originated at
a Meeting of Amicable Society of Owners and Masters of
ships belonging to the Port of London, on 12th October, 1790 ;
when it was resolved to establish a Society for the Relief of
Decayed Master Mariners and their Families, under the de-
nomination of the London Maritime Institution. The few
persons who commenced this Society subscribed the sum of
Ten Guineas each as members for Life, and obtained Sub-
scriptions (as Honorary Subscribers) from individuals, princi-
pally those connected with Shipping, but notwithstanding
their exertions, the progress of the Society was very slow until the
year 1809; when a grant of Land on Bow Common was obtained
from the Manor of Stepney, upon which to erect Alms-houses ;
and Subscriptions were raised for that particular purpose, suffi-
cient to enable the Committee to build, in the year 1804, eight
houses, which were endowed with 101. per annum each, and
given to decayed Members, or their Widows and Families:
after this time the Society became better known, and arose
much more rapidly. In the year 1817, further Subscriptions
were raised for the purpose of building four more houses, en-
dowed as the others, which were finished and inhabited in the
latter part of the year 1818; making altogether twelve houses.
The Committee beg to remark, that the grc,and is capable of
containing from thirty to forty houses, and that they are very
desirous to avail themselves of this facility, for erecting a
greater number of these Asylums for their less fortunate bre-
thren, their Widows and Families, could Subscriptions be
raised for that purpose; and for this they appeal with confi-
dence to the benevolent feelings of the Friends of this Society.
" The STATE of the FUNDS of the SOCIETY at this time is
as follows

£9,900 three per cent. Consolidated Bank Annuities, being an
increase on the capital of 3001. since the last annual meeting.
The interest on the above aunt . - £297 0 0
Annual subscriptions, about . . 0

Total income of the Society - - 381 0 0
The Earr NCES of the SOCIETY are

Twelve pensioners in the alms-houses, at 101. each 120 0 •
Twenty-nine out-pensioners at 101. each - 209 0 0
Eight ditto ditto at 5/. each . . - 40 0 0
There has also been afforded in temporary relief
to three distressed members, who are not past
service, but out of employ - - . 25 0 0
The incidental expences, including salaries, re-
pairing alms-houses, printing, &c. - - 80 0 0

piticE OF STOCKS THIS
Bank Stock

3 per Cent. Red B74k
3 per Cent. Cons. ... 88 ii 7i
3A per Cent.
Ditto Red 9.1 i
4 per tent. New lo3if 1
Bank Long Ann.
India Stock • 26Th
Ditto Bonds
South Sea Stock

PRICKS OF FOREIGN F
Austrian Bds,i percent
Brazilian lids
132:5

-- Scrip
Buenos Ayres lids
Chiflan, I3ds, P per cent —
Colombian lids, 6 per cc —
Do. do. 1824 •

Danish, .5 per cent. ......
Do. 3 per cent.
(4reek Bds

Do. Scrip 1825
Guatirnala
Mexican "Ids

Do. do. 6 per cent.

DAY AT ONE 0-CLOCR.
Old Annuities
New Ditto.
Ex.llills 1000/. lid. 1 3 1 pm.
Ditto ...IUOI. litt 1 3 1 pm.
Ditto Small lAt. 3.2 4 pm.
Ditto Advertised
Bank for Act.
India for Acct.
Cons. for Acct...... BBi/