The Sun.
London, England, 1869-07-08 00:00:00

ABOLITION OF THE DUTY ON FIRE
INSURANCES.

THE Directors of the ROYAL INSURANCE
OMPANY, in anticipation of the above, beg to intimate
that on all new L surances now effected there will only be
payable (provisionally) the proportion of Duty fur the time
between the date of the Order and Midsummer Day neat.
ROYAL INSURANCE COMPANY.
HEAD OFFICES:
Royal Insurance Buildings, Liverpol,
and
Lombard-street, London.
CAPITAL, TWO MILLIONS STERLING.

Important Announcement.
Increased Share of Life Profits.

ALL NEW INSURANC F.S, with Participation, EFFECTED
AFTER IST JANUARY, 1868, will become entitled to an INCREASED
SHARE OF THE PROFITS, in accordance with the Resolution
passed at the Annual Meeting of Shareholders.

JOHN H. AfcLAREN, Manager.
JOHN B. JOHNSTON, Secretary in London.

HOSPITAL, for DISEASES of the THROAT,
Golden-square, W.
President—His Grace the Duke of GRAFTON.
The Committee of Management earnestly APPEAL for
FUNDS to help them to meet the heavy current expenses.
Upwards of 18,000 poor persons have been relieved in the
last six years.

GEORGE WOOD, Secretary.

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

£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 £409,654 14s. sd. ; the diffe-
rence, or the sum laid by- - viz., £134.811 14s. 9d.—raises
the fund again to £907,552 8s 6d.
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-
cluded, at upwards of £5 12a 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 tho 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
incurred 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.
Interest due to proprietors
Claims on decease of lives assured, and
additions thereto unpaid 61,530 4 5
Sundry accounts
Proprietors'Liability fund
under
.................. 173,792 10 0
Surplus fund as before 907,552 8 6
sums assured, &c. (1867) 6,369,469 11 7

£6,977 13 3

Total £7,565,198 1 3
Cn. ASSETS.
Amount invested in fixed mortgages £1,460,772 2 7
Ditto ditto decreasing ditto
Ditto ditto reversions
Ditto ditto funded securities 479,932 13 3
Ditto ditto temporary securities
Current interest on the above invest-
ments
Cash and bills
Advanced on security of the company's
policies....• , 159,503 14 9
Agents' balc.nees
Sundry accounts
Value of premiums (1867) ...........
, 4,506,167 18 0
Value of re-assurances ...................... 86,860 13 9

36,243 7 G
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 comparing it with that of 1867, it
will be observed that further investments have boon 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 flight Hon. Sir JOHN YOUNG, Bart., K.C.B. Chair-

man.
WILLIAM FREDERICK DE LA RUE Esq., Deputy-
Chairman.
Charles Bischoff, Esq.
Thomas Boddingtou, Esq.
Charles Chatfield, Esq.
Sir J. Buller East, Bart.,
D.C.L.
Robert A. Gray: Esq.
Wm. Augustus Guy M.D.,
F.R.S.

Chas. Thos. Holcombe, Esq.
Joshua Lockwood, Esq.
James Murray, Esq.
Philip Rose, Esq.
George Russell, Esq.
Thos. Godfrey Sambrooke,
Esq.
Admiral Tindal.