The Sun.
London, England, 1869-04-09 00:00:00

GILL AND CO,

12, Brewer-street, Gold—care, London, W.
Price ls. per pair; by post, 14 stamps; six pairs, 55.
FRENCH DIIBBING.—This invaluable composition
possesses the properties of preserving leather, rendering it
supple and waterproof. It is identically the same dubbing
as that used by the best curriers in Bordeaux. BOOTS,
SHOES, and HARNESS are particularly benefited by its
application.
Sold Wholesale and Retail by W. GILL and CO.,
Curriers and Leather Sellers, 12, Brewer-street, Golden-
square.
Price ls. 6d., 2s. 6d., and ss. per can.

—Sc •c!
.5 •
o 0 ,c ..._. m N
..-8, rc CLERICAL, MEDICAL, AND GENERAL
ii.l SE A Amount ,-- . Amount Annual LIFE ASSURANrE SOCIETY.
grg Z F Proposed. -.si Assured. Premituns.
Et: ei'. . 13, ST. JAMES'S SQUARE, LONDON, S.W.
a. 76
134 A 4
-- ----- ------ CHAIRMAN.
£ s. d. £ 0. d• £s. d. Right Hon. John Robert Mowbray, M.P.
1858 4,802 1,023,140 0 0 3,318 054,140 0 0 21,347 16 5
1863 13,244 2,779,666 0 0 9,746 2,037,383 0 0 63,507 19 10
DEPUTY-CHAIRMEN.
William Bowman
1868 17,466 4,861,303 5 9 13,699 3,752,967 4 8 122,257 17 6
, Esq., F.R.S.
Sir Charles Locock, Bart, MIA., F.R.S.
Total.. 35,512 8,664,109 5 9 26,763 6,444,490 4 8 207,113 13 9 ..--
-------- Extracts from the Report of the Directors, presented at
The net premium income has increased to
the Annual General Meeting held on the 27th November,
the sum of £216,704 1 7 1868 :
The interest on investments aud other items 1. The sum of £112,345 was proposed for Assurance, of
of receipt yield
------ 7121,,i.11_ £€3lon ,n 7 n
73n95
fr was completed at Premiums pro-
_ _ - -- ---
Annum.

Extracts from the Report of the Directors, presented at
completed at Premiums pro-
2. Annual General Meeting held on the 27th November,
1868 :-
1. The sum of £412,345 was proposed for Assurance, of
which £307,395 was
ducing £10,067 per Annum.
2. The amount paid under Claims by death was £100,883,
being the smallest since 1860, whilst the expenses of
management and all other outgoings were even less
than for many years
3. On the other band, the Income was raised to £219,769,
notwithstanding that its increase was retarded by
abatements of premium which did not take effect in
the previous year, and by the cessation of interest on
the large sum paid as Bonus in 1867.
4. The Surplus income was very considerable. It
amounted to £93,152, a sum exceeding by more than
£B,OOO any previous Surplus during the forty-four
years of the Society's existence,
past.
5. The Accumulated Fund was thereby increased to
£1,598,906.

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 both 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.

The following are amonObe distinctive features of the
Society :
CREDIT SYSTEM.—On any Policy for the whole of
Life, where the ago does net exceed 60, one-half of the
Annual Premiums during the past five years may remain
on credit.
ENDOWMENT ASSURANCES may be effected,
without Profits, by which the Sum Assured becomes pay-
able on the attainment of a specified age, or at death,
whichever event shall first happen.
INVALID LIVES may be assured at rates proportioned
to the increased risk.
PROMPT SETTLEMENT OF CLAIMS.—Claims paid
thirty days after proof of death.
Tables of Rates and Forms of Proposal can be obtained
of any of the Society's Agents, or of
GEORGE CUTOLIFFE, Actuary and Secretary.
13, St. James's-square, London, S.W.

EAGLE IN SUR A.NC El COMPANY,
LONDON.
Report of the Directors for the year ending the 30th
June, 1868, read at the Annual General Meeting of
Proprietors, August 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, commences
with the balance of June, 1867, after deduction of this
bonus—that is to say, with the debit of £772,740135. 9d.

SURPLUS FUND ACCOUNT, 30nt JUNE, 1868.
PR. INCOME OF TUE YEAR.
Balance of account, 30th
June, 1867 £981,514 13 9
Less amounedistributed
as bonus 208,774 0 0
- £77:2,740 13 9

Premiums rn new assur-
ances
Ditto on old ditto 366,215 3

£3E0,811 8 3

:ntcrest from invest-
ments ..................... 117,584 7 3

£498,395 15 11.
Profit and loss, balance
of account ............... 46,070 13 3
Total income .............. . 544,466 9 2

£1,3177207 2 11
On. 011ARGE OF THE YEAR
Dividend to proprietors
£8,877 5 0
Claims on decease of lives
.................. £265,523 13 5
assured
Additions to those under
participating policies... 22,816 4 7
Policies surrendered...... 28,642702 11
15 4
3
Re-assurances, new ...... 3,
Ditto, old ..................... 50,365 0 8

£370,618 5 3
Commission ............... 11,702 15 0
Medical fees ............... 751 16 2
Income tax .............. ... 2,215 4 7
Expenses of nas nage-
ment ........................ 15,489 8 5
400,777 9 5

Total charge .......
Balance of account, 30th June, 1868 907,552 8 6

X 1,317,207 2 11
Examined and approv
THOMAS ALLEN Auditors.
HENRY ROSE,

The total income of the year, it will be seen, is £544,466
9s. 2d., and the total outgo £409,651 14s. sd. ; the diffe-
rence, or the sum laid by- - viz., £134,811 14s. 9d.—raises
tho fund again to £907,552 Bs. 6d.
The interest receive:endtuiorinnegd
itnhethyee
laar it sy£e a
r11,7s ,
report. 7 s
3d., arising from the productive portion of the realised
aTshseetswohfol!2;sBse974l,sp7rOductive and unproductive, may there-
fore be considered as haYinff 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 £sl2s. per cent.
The remiums on new assurances are £14,596 ls. ~
and of this sum £3,270 15s. 4d. has been expended in9d re-
assurances.
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.
The expenses of management aro less than those of last
year by upwards of £1,400. But theyo
still include charges
incurred in the final closing of the twast a
by the company. The whole expenditure, however, in-
cluding income tax, is at the rate of little more than 54
per cent. on the total income.
The balance-sheet is as follows :
Dn.
Interest due to proprietors ..................
Claims on decease of lives assured, and
additions thereto unpaid .................. 61,530 4 5
Sundry accounts .............................. 45,875 13 6
Liability under sums assured, etc. (1867) 6,369,469 11 7
Proprietors' fund ............................. 173,792 10 0
Surplus fund as before ........................ 907,662 8 6

£6,977 13 3

Total £7,565,198 1 3
CR. ASSETS.
Amount invested in fixed mortgages £1,460,772 2 7
Ditto ditto decreasing ditto 183,979 17 10
Ditto ditto reversions ............••• 347,136 5 5
Ditto ditto funded securities 479,932 13 3
Ditto ditto temporary securities 142,424 011
Current interest on the above invest-
-36,243 7 6
ments
Cash and bills 22,601 2 9
Advanced on security of the company's
159,503 14 9
Agents' balinces
Sundry accounts
Value of premiums (1867) .... 4,506,167 18 0
Value of re-assurances 86,860 13 9

Total £7,565,198 1 3
Examined and approved.
THOMAS ALLEN,} Auditors.
HENRY ROSE,
The present disposition of the Company's funds is shown
by this account. On comparing 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,Ladicating the value
of the future premiums, the assets amount to £3,059,030
3s. 3d.

The, direction of the company is now constituted as
follows :
The Right Hon. Sir JOHN YOUNG, Bart., K.C.B. Chair-

. .
man.
WILLIAM FREDERICK DE LA RUE Esq., Deputy-
Chairman.
Charles Bischoff, Esq. Chas. Thos. Holcombe, Esq.
Thomas Boddington, Esq. Joshua Lockwood, Esq.
Charles Chatfield, Esq. James Murray, Esq.
Sir J. Buller East, Bart, Philip Rose, Esq.
D.C.L. George Russell, Esq.
Robert A. Grayl Esq. Thos. Godfrey Sambrooke,
Wm. Augustus Gun M.D., Esq.
F.R.S. I Admiral Tindal.;