The Sun.
London, England, 1869-02-26 00:00:00

A.D. 1720.

ROYAL EXCHANGE ASSURANCE
CORPORATION,
(Established by Charter of his Majesty George the First),
For SEA, FIRE, LIFE, and ANNUITIES.
Offices—ROYAL EXCHANGE, London.
Branch Office-29, Pall Mall, S.W.

OCTAVIUS WIGRAM, Esq Governor.
JANtEs STEWART lIIDOSON, Esq Sub-Governor.
CIIARLES JOHN MANNING, Esq Deputy-Governor.
DIRECTORS
William Totlow Hibbert,
Esq.
Wilmot Holland, Esq.
Egerton Hubbard, Esq.
Nevile Lubbock, Esq.
George Forbes Malcolmson,
Esq.
Lord Joseeline Wm. Percy.
Charles Robinson, Esq.
Samuel Leo Schuster, Esq.
Eric Carrington Smith, Esq.
Joseph Somes, Esq.
William Wallace, Esq.
Charles Baring Young, Esq.
mei Solly, Esq., F.R.S.

Robert Barclay, Esq.
John Garratt Cattley, Esq.
Mark Currie Close, Esq.
Edward James Daniell, Esq
William Davidson, Esq.
Lancelot William Dent, Esq,
Alexander Druce, Esq.
Frodk. Joseph Edl man n, Esq.
Charles Hermann Goschen,
Esq.
Riversdale Wm. Grenfell,
Esq.
Fran cis Alex. Hamilton, Esq.
Robert Amadeus Heath, Esq.
Medical Referee, Sam

FIRE and LIFE ASSURANCES may be effected on
advantageous terms.
The Duty on Fire Assurances has been reduced to the
uniform rate of Is. 6d. per cent. per annum.
No charge is made by this Corporation for Fire Policy
or Stamp, however small the Assurance may be.
F2I.7MING STOCK.— No Extra Charge is made for the
use of Steam Thrashing Machines.
The Reversionary Bonus on British LIFE POLICIES
has averaged nearly 2 per cent. per annum on the sum
assured.

Equivalent reductions have been made in the Premiums
payable by persons who preferred that form of Bonus.
The Divisions of Profit take place every Five Years.
Any sum not exceeding £15,000 may be insured on one
Life.

This Corporation affords to the Assured
Liberal participation in Profits, with the guarantee
of a large invested Capital Stock, and exemption
under Royal Charter from the liabilities of part-
nership.
The advantages of modern practice, with the secu-
rity of an Office whose resources have been tested
by the experience of nearly a CENTURY 4NI)
HALF. •

ROYAL EXCHANGE, LONDON'.
ROBERT P. STEELE, Secretary.

EAGLE INSURA NC E 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.
Tho 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, niter deduction of this
bonus—that is to say, with the debit of £772,740 13s. 9d.

SURPLUS FUND AMOUNT. 30Th JITYR 1868.
DR. INCOME OF TUE YEAR.
Balance of account, 30th
June, 1867, X 981,514 13 9
Less amount distributed
as bonus 208,774 0 0
£772,740 13 9
Premiums en new Msur-

ances
Ditto on old ditto 866,215 7 3

£350,811 8 3
Interest 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

£1,317,207 2 11
CR. CHARGE OF THE YEAR
Dividend to proprietors
Claims on decease of lives
assured .................265523 13 5
Additions to those under ,
participating policie.. 22,816 4 7
Policies surrendered... 28,642 11 3
Re-assurances, new ...... 3,270 15 4
Ditto, old .................. 50,365 0 8

Comtnission ............. £370,618 5 3
. 11,702 15 0
Medical fees ............... 751 164 2
Income tax
• •
Expenses of manage-
2,215 7
ment.. 15,489 8 5
400,777 9 5

Total chug()
Balance of account, 30th June. 1868 907,552 8 6

£1,317,207 2 11
Examined and approve
THOMAS ALLEN,/
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
the fund again to .£907,552 Bs. 6d. Auditors.
The interest received during the year is £117,584 7s.
3d., arising from the productive portion of the realised
assets of £2,897,157, mentioned in the last year's report.
The 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-
eluded, at upwards of £5 12s. per cent.
The premiums on new assurances are £14,596 ls. 9d.,
and of this sum £3,270 15s. 4d. has been expended in 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 are less than those of last
year by upwards of £1,400. But they still include charges
tncurred in the final closing of the two officeslast absorbed
by the company. The whole expenditure, however, in-
cluding income tax, is at the rate of little more than 51-
per cent. on the total income.
The balance-sheet is as follows :
DR. LIABILITIES.
Interest due to proprietors £6,977 13 3
Claims on decease of lives assured, and
additions thereto unpaid 61,530 4 5
Sundry accounts
Liability under sums assured, eze. (1867) 6,369,469 11 7
Proprietors' fund
Surplus fund as before ' 907,552 8

Total £7,565,198 1 8
CR. ASSETS.
Amount invested in fixed mortgages 41,460,772 2 7
Ditto ditto decreasing ditto 183,979 17 10
Ditto ditto reversions 347,136 5 5
Ditto ditto funded securities
Ditto ditto temporary securities 142,424 011
Current interest on the above invest-

36,243 1 6
22,604 2 9

rnents
Cash and bills
Advanced on security of the company's
........ .
Agents' balcaces ....4 27,112 9 6
Sundry accounts
Value of premiums (1267)
Value of re-assurancef 86,860 13 9

Total £7,565,198 1 3
Examined and approved.
THOMAS ALLEN,) Auditors.
HENRY ROSE, f
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 £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. Georgeßussell Esq.
Robert A. Gray Esq. Tiros. Godfrey Sambrooke,
Augustus Gdy, M.D.) Esq.
I Admiral Tindal.;

THE RESCUE SOCIETY'S HOMES
'ire as follows :
For Fallen Women.
28, Church-row, Hamp- 150, New Kent-road.
stead. 48, Church-street, Stoke
13, Camden-street, Camden- Newington.
town. Maize-hill Cottage, Green-
-205, Great Portland- street. with.
For Young Girls in Danger.
27, Church-row, Uampstead.
9, Henstridge-villas, St. John s-wood.
St. Mary's Lodge, Buckhurst-hill.
Country Homo—St. James's-street, Dover.
Temporary Home-85, Queen-street, Cheapside.
In addition to the above-named homes, the Committee
have under their charge three homes for servants of good
character, in which are admitted about 1,000 friendless
servants annually.
The home at Great Portland-street is for young fallen
girls from 10 to 16. The committee are deeply anxious to
open another house for this pitiable class.
The Society admitted to its homes last year 687 young
women and girls. It was compelled to refuse 524 appli-
cants, whose histories are recorded in the applicant's book.
The Society's Report(of which a contributor writes, "I
never read a report of any charitable institution which so
entirely commended itself to my mind and awoke my
sympathy"). may be had on application.
The Society is under the presidency of the Earl of
Shaftesbury. Its bankers are Messrs. Barclay and Co.
The Committee very earnestly commend its work to the
benevolent. DANL. CO I')FiR72 6e0:12
S QA4Nak-street -