The Sun.
London, England, 1869-10-11 00:00:00

155, MINORIES
156, MINORIES
157, MINORIES
83, ALDGATE
ALDGATE.
ALDGATE
ALDGATI,
97, ALDGATE
88, ALDGAT E
99, ALDGATE

OXFORD-STREET BR.V.NICIT.
506, NEW OXFORD-STREET
%07, NEW OXFORD STREET
sOS, NEW OXFORD-STREET
1, HART-STREET
2, HART-STREET
3, HART-STREET

TOTTENHAM-COURT-ROAD BRAN'CfI.
137, TOTTENHAM-COURT-ROAD
138, TOTTENHAM-COURT-ROAD
283, EUSTON-ROAD.
Country Branch:
19, BRIDGE-STREET, BRADFORD, YORKS.
20, BRIDGE-STREET, BRADFORD, YORKS.

THE "SINGER" SEWING MACIIINI4_IS.
THE "NEW FAMILY"
SEW THE LOCK-STITCH AND THE NEW EMBROIDERY-

STITCH.
Work by Hand and Treadle, and in a Portable Case
for Travelling.

THE " SINGER " SEWING MACHINES
ARE WORLD-RENOWNED AS THE BEST SYSTEM
AND THE MOST COMPLETE, WITH NEW IMPROVEMENTS
FOR EVERY CLASS OF SEWING.
The p eullar simplicity of these Machines enables any one to
lequire their perfect use in a few hours.
Illustrated Price Lists post free

rHE "SINGER" MANUFACTURING COMPANY
Chief Office in the United Kingdom:
147, CHEAPSIDE.

BRITANNIA FIRE ASSOCIATION
Head Offices, 429, Strand, London.
The distinguishing features of this Association are
Equitable Rates,
Undoubted Security.
Prompt settlement of claims.
JOHN MESSENT, Manager.

EAGLE INSURANCE COMPANY,
LONDON.
REPORT OF THE DIRECTORS,
For the Year ending 30th June, 1869, read at the Annual
General Meeting of Proprietors, 13th August, 1869,
WILLIAM FREDERICK DE LA RUE, ESQ., Deputy-
Chairman of the Company, in the Chair.
The Report which the directors have now to submit to
the proprietor differs in its tenor but little save in one or
two particular from that laid before then, in 1868.
rho income of the year, it will le seen, amounts t
£540,499 18s., and the total charger £445,077 10s. 9d
The difference, £95,422 7s. 3d., added to the balance of
the surplus fund at the commencement of the financial
year, wised that item to £1,002,974 15s. 9d., its present
amount.
SURPLUS FUND ACCOUNT, JUNE 30, 1869.
INCOME OF THE YEAR.
£ s. d.

DR.
Balance of account, BOth
June, 1868
eretn:utns on new assur-

£ s. d

907,Z52 8 6

flilet.S
Ditto on old ditto

13.5C6 5 1
357,988 7 0

371,548 12 1
Interest from investments 120,959 12 10

492,508 4 11

Profit and loss, balance of
account

total income

£1,448,052 6 6
Examined and approved.
THOMAS ALLEN,}
Auditors.
HENRY ROSE,
CHARGE OF THE YEAR.
s. d.

CR.
Dividend to proprietors
Claims on decease of lives
assured
Additions to those under _ _

£ s. d.
8,880 4 0

participating policies 24,304 6 6
Policies surrendered
Re-assurances—new
Ditto old

Commission
Medical fees

403,561 12 1
10,618 11 '2
760 18 0

Income tax..

3,017 15
_8

Expenses of management 16,238 9 10

436,187 6 9

445,077 10 9

Total charge
Balance of account, June 30,
balance-sheet •. 1,002,9,4 oto
1869, as per

£1,448,052 6 6

The total of premiums received is £371,548 12s. Id., of
which sum £13,560 ss. ld. is for new assurances effected
in the year.
The interest from investments is £120,959 12s. 10d., or
£4 2s. per cent. on the net amount of the company's
realised assets existing in June, 1868 ; and in connection
with this important feature of the company's affairs the
directors have the satisfaction of reporting that the profit
and loss account again exhibits a considerable profit,
amounting this year within a trifle to the sum of £48,000.
It may be remembered that a profit of nearly equal amount
was announced in last year's report.
Turning to the items constituting th• charge of the
year, it will be noticed that the sum payable in satisfac-
tion of claims on decease of lives assured is larger than
usual. This circumstance, however, is not very material;
as was observed of a previous occasion, the proper quin-
quennial average is generally pretty sure to obtain, and
the fact that the average for the past two years barely ex-
ceeds £309,000 tends to confirm that statement.
The expenses of management. are greater by nearly
£BOO than they were last ear. They would have been
materially less but for the unavoidable cost of transferring
the company's securities into the names of additional trus-
tees. Taken as they are, however, these expenses must
be regarded as very moderate. It will be observed that
they are only three per cent. of the total income.

BALANCE-SHEET. JUNE 30, 1869.
DR. LIABILITIES.
Interest due to proprietors
Aaims on decease of lives assured, and
Addditions thereto unpaid 108,940 6 7
Sundry accounts
LiabiN, T--, ler sums assured, &c. (1867) 6,336,626 8 2
Proprietors fund
Surplus fund

£6,757 17 0

£7,675,813 0 10
Examined and approved.
THOMAS ALLEN,)
HENRY ROSE, Auditors.
CR ASSETS.
'mount invested in fixed mortgagee £1,661,699 9 2
Ditto ditto decreasing ditto 162,770 15 2
Ditto ditto Reversions 278,557 16 6
Ditto ditto Funded securities 491,303 4 2
itto ditto Temporary secu-
rities
Plrrent interest on the above investments
Josh and bills
Advanced on security of the company's
163,387 1 8
policies
Agents' balances
mod ry accounts
V.lne of premiums (1867)
Glue of re-assurances 85,706 14 5

198,207 17 0
30,934 4 6
12,256 15 10

£7,675,813 0 10
The balance-sheet does not appear to call for any r -
Mark. The assets are, of course, increased by the sum of
£95,422 7e. 2d. already mentioned, as is shown by tha
augmentation to that extent in the balance of the surplus
fund.

The Direction of the Company is now constituted as
follows :

WILLIAM FREDERICK DE LA RUE, ESQ,Chairman.
ROBERT ALEXANDER GRAY, ESQ., Deputy-Chairman
Charles Bischoff, Esq. James Murray, Esq.
Thomas Boddington, Esq. Philip Rose, Eeq.
Charles Chatfield, Esq. George Russell, Esq.
S rJ. Bul le r East, Bt., D.C.L. Thomas Godfrey Sambrooke
%Sim. A•.gustus Guy, M.D.,. Esq.
P.R.S. Admiral Tindal.

_ ......,.
Ca a rles T hos.Holcombe,Esq. Right Hon. Sil-John Young
Joshua Lockwood, Esq. Bart., 8.C.8.