The Sun.
London, England, 1869-07-01 00:00:00

The net premium income has increased to
the sum of £2
The interest on investments and otheritems
of receipt yield

6,704 1 7

1,276 18 1

Making a total income of £237.980 19 8
The claims were 335, amounting to the sum of £127,886
12s. ld.

The balance of the year's income was £68,026 9s. 4d.
The assets of the association at the close of the year
amounted to £667,493 Bs. sd.
The directors draw special attention to the fact that the
next bonus valuation will take place at the end of the year
1872, and that all polices effected on the profit scales prior
to the 31st December, 1869, will be entitled to participate
in the same.

The directors also draw attention to the successful esta-
blishment during the past year of the Britannia Fire
Association, under the auspices of the Briton. The direc-
tors believe that the establishment of a Fire Company, to
work in active co-operation with the Life, will tend much
to the advantage and profit of botri institutions. It is
scarcely necessary to remark that the capital funds and
constitution of each office are quite separate and distinct.
By order of the Board,
JOHN MESSENT, Actuary and Secretary.
London, March 18, 1869.

EAGLE INSURANCE COMPANY,
LONDON.

Report of the DirectorsfO;iiv; year ending the 30th
June, 1868, read at the Annual General Meeting of
Proprietors, Au,rust 14, 1868—Colonel CHARLES
WETHERALL, K.C.T., Chairman of the Company, in
the Chair.

The proprietors will no doubt remember that at the last
annual general meeting a report was made to them for the
quinquennial period then terminating, and that a bonus
was declared in respect of it amounting to the sum of
£208,774. The surplus fund account, as under, commepces
with the balance of June, 1867, after deduction of this
bonus—that is to say, with the debit of £772,740 13s. 9d.

surtrLus FTTNIY ACCOUNT. 30111 JUTE, 1868.
Pit. INCOME OF TUE YEAIt.
Dal:lnce of account, 30ai
• June, 18(37, • £981,514 13 9
Loss amount Lis:Tanned
as I:onus 208,774 0 0

Promiums n now as,,,

ri nee.
Ditto on old ditto.,,,, 366,215 7 3

£3 0,811 8
Interest from invest- \
ments 117,581 7

£498,395 15 11
Profit and loss, balance
of account ..
Total income..

46,070 13 3

Cu. CHARGE OF THE YEAR
Dividend to proprietors
Clu;las on decease of lives

nss ured .£265,023 13 5
Additions to those under

participating policies 22,816 4 7
Policies surrendered 28,642 11 3
Re-assurances, now 3,270 15 4
Ditto, old 50,365 0 8

£370,618 5 3
Commission
Medical fees
Income tax 2,215 4 7
Expenses of manage-
ment..

- 15,489 8 5

£772,710 13 9

5.14,..166 9 2

.£1,5,1,207 2 11

£8,877 5 0

400,777 9 5

Total charge
Balance of account, 30th June 1838 007,552 8 6

£1,317,207 2 11
THOMAS ALLEN} Auditors
HENRY ROSE,
The total income of the year, it will be soon, is £544,466
9s. 2(1., and the total outgo £409,654 14s. sd. ; the diffe-
rence, or the sum laid by- viz., £134.811 14s. 9d.—raises
the fund again to £907,552 Bs. 6d.
The interest received during the year is £117,584 7s.
Bd., arising from the productive portion of the realised
assets of £2,897,157, mentioned in the last year's report.
Tho whole assets, productive and unproductive, may there-
fore be considered as having improved at the rate of rather
more than 4 per cent. ; or, if the profit shown of £46,070
13s. 3d., derived from various extraneous sources, be in-
cluded, at upwards of £5 12s. per cont.
The premiums on new assurances are £14,596 ls. 9d.
and of this sum £3,270 15s. 4d. has boon expended in ro
assurances.

Examined and approv

The claims on decease of lives assured are nearly iden-
tical in amount with those of 1866. They are less than
those of last year by nearly £19,000.
A considerable reduction, too, appears in the amount
of premiums paid for re-assurance, many of the risks
re-assured having terminated by death and other causes.
Tho expenses of menagoment aro less than those of last
year by upwards of £1,400. But they still include charges
incurred in the final closing of the two officeslast absorbed
by the company. Tho whole expenditure, however, in-
cluding income tax, is at the rate of little more than 5i
per cent. on the total income.
The balance-shoot is as follows :
DR. LIABILITIES.
Interest due to proprietors £6977 13 8
Claims on decease of lives assured, and ,
additions thereto unpaid
Sundry accounts
Liability under sums assured, &c. (1867) 6,369,169 11 7
Proprietors' fund
Surplus fund as before 907,552 8 C

Total £7,565,198 1 3
CR. ASSETS.
Amount invested in fixed mortgages £1,460,772 2 7
Ditto ditto decreasing ditto
Ditto ditto reversions 347,136 5 5
Ditto ditto funded securities
Ditto ditto temporary securities 142,421 011
Current interest on the above invest-

ments
Cash and bills
Advanced on security of the company's
policies....•
Agents' balrxmos
Sundry accounts
Valuo of premiums (1867) ..... 4,506,167 18 0
Value of re-assurances 86,860 13 9

36,243 7 6
22,604 2 9

Total..

.£7,565,198 1 3
Examined and approved. _

THOMAS A LLEN,} Auditors.
HENRY ROSE,

The present disposition of the Company's funds is shown
by this account. On ccmparing it with that of 1867, it
will be observed that further investments have been made
on mortgage and in the Government funds, and that about
£ll,OOO more has been advanced on security of the com-
pany's policies. Exclusive of the sum indicating the value
of the future'premiums, the assets amount to X 3,059,030
ffs. 3d.
The direction of the company is now constituted as
follows :
Tho Right Hon. Sir JOHN YOUNG, Bart., K.C.B. Chair-
man.
WILLIAM FREDERICK DE LA RUE Esq., Deputy-
Chairman.
Charles Bischoff, Esq.
Thomas Boddington, Esq. I
Charles Chatfield, Esq.
Sir J. Buller East, Bart.,
D.C.L.
Robert A. Grayl Esq.
Wm. Augustusi,Guy 31. D.,

Chas. Thos. ITolcombe, Esq.
Joshua Lockwood, Esq.
James Murray, Esq.
Philip Rose, Esq.
George Russell, Esq.
Thos. Godfrey Satnbrookei
Esq.
Admiral Tindal.: _

THE LOMBARD EXCHANGE AND
NEWS-ROC/XL
Lombard-street, London.
MANAGER—Mr J. 11. TOUNGRUSBAND, late Treasurer
and Secretary of the Liverpool Exchange.
Subscription, £3 3s. per annum, or 10s. monthly, payable
in Aavance.
The Room is supplied with Newspapers, both home
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There is also an excellent Refreshment-room attached,
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The attention of Country hanker*, solicitors, manufac-
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N.B.—For Advertisenaont Spaces apply to Masxrs Letts, Son
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BRITON MEDICAL AND GENERAL
LIFE ASSOCIATION.
Chief Offices-429, Strand, London.
TRUSTEEQ.
Lieut.-General Sir J. E. IR. Partridge, Esq., F.R.S.
Dupuis, K.C.B. Francis Webb, Esq.
Sir James Duke, Bart. W. Tyler Smith, M.D.
Sir W. Fergusson, Bart., I Millis Coventry,
F.R.S.
CHAIRMAN OF THE BOARD —FR A.NCIS WEBB, Esq.
DEPUTY CHAIRMAN W. TYLER SMITH, Esq.
EXTRACTS from the FIFTEENTH ANNUAL RE-
PORT, read at the Annual General Meeting held at the
Society's House on Thursday, 18th March, FRANCIS
WEBB, Esq., in the chair.
Ll2l4,4irectors have received 3,212 proposals for assur-
zug-t-n.7 anal of £972,846185.- i'vrtik--polinitaa were
issued, assuring, .tree,4at 4._ and producing in annual
premiums the sum of £25,227 Bd.
The following tabulated returns exhibit the now lrosi-
ness transactions during•tho three quinquennial periods :

tr Tr
41° • •
oo 76 .21 I
"'Sg) fd "5 FA '8 , ... ,
k 0 ' ,n; a Amount oco Amount Anniuil
,24,,T5Z 0 Proposod. Z•,(l' Assured. Premiums.
04
a rf, 75
- - -
£ 8. d. £ s. d. Xs. d.
1858 4,8021 1,023,140 0 0 3,318 851,110 0 0 21.317 16 5
1863 13,244 2,779,666 0 0 9,746 2,037,383 0 0 63,307 19 10
1868 17,4661 4,861,303 5 9 13,699 3,752,967 4 8 122,257 17 6
- --
Total.. 3.5,512 8,664,109 5 9 26,763 6444,490 4 8 207,113 13 9