The Sun.
London, England, 1869-03-02 00:00:00

EAGLE INSURANCE COMPANY,
LONDON.

Report of the Directors for the 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 forthe
quinquennial pried 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 £772,740 13s. 9d.

SURPLUS FUND ACCOUNT, 30T11 JUY.E, 1868.
DR. INCOME OF TILE YEAR.
Balance of account, 30th
June, 1867, £981,514 13 9
Less amoundistributed
as bonus 208,774 0 0
.£772,7-10 13 9
Premiums en now asr;ilr-

-
ances
Ditto on old ditto ........ 366,215 7 3

£350,811 8 3
Interest from invest-

ments 117,581 7 3

£498,395 13 11
Profit and loss, balance
of account ............... 46,070 13 3
544,166 9 2
Total incmuo ...............

Cu.
PS 877 5 0
...,,, Dividend to proprietors
Claims on decease, of lives
CHARGE OP TIIE YEAR.
assured ................. £265,523 13 5
Additions to those under
participating policies... 22,816 4 7 £1,317,207 211
Policies surrendered ...... 28,642 11 3
~
Re-assurances, new ...... 3,270 15 ';
Ditto, old.. ................... 50,365 0 8

£370,618 5
Commission ............... 11,702 15 ')
Medical foes ............... 751 16 4
Income tax .............. 2,215 4 7
Expenses of manage-
ment ........................ I'l 489 8 5
400,777 9 5

Total chirp ..................
....... X 109,654 14 5
Balance of account, 30th Juno ..
1868 ...... 907,552 8 6

£1,317,207 2 11
Examined and approve
THOMAS ALLEN,} Auditor,.
HENRY ROSE,
The total income of the year, it will be seen, is £544,466
9s. 2d., and the total 0utg0£409,651 14s. sd. ; the diffe-
rence, or the sum laid by £134,811 14s. 9d.—raises
the fund again to £907,552 Bs. ad.
The interest received durina• the
year is £117,584 7s.
productive portion of the realised
3d., arising from the
assets of £2,8'37,1R 7
- --, mentioned in the last year's report.
The whole assets, proiuctive 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 cent.
The premiums on now 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-
ticalthose of last year by nearly
in amount with those of 1866. They are less than
A considerable reduction, too, appears in the amount
of premiums paid for reasstirance, 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
incurred in the final closing of the two officeslast absorbed
£19,000.
by the company. Tho 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. I,IABILITII s.
Interest due to proprietors
Claims on decease of lives assured, and
additions thereto unpaid 61,530 4 8
Sundry accounts
Liability under sums assured, &c. (1867) 6,369,169 11 7
Proprietors' fund
Surplus fund as before 907,552 8 6

Total £7,565,198 1 8
CR. Assn's.
Amount invested in fired 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
Ditto ditto temporary securities 142,424 011
Current interest on the above invest-

ments 36243 7 6
Cash and bills
AAgdevnatnsc,ebdaohnitcosecsurity of the company's
policies....
27,112 9 6
Sundry accounts
Value of premiums (1867) ..... 4,506,167 18 0
Value of re-assurances 86,860 13 9

THOMAS- A LLEN Total £7,565,198 1 3
Examined and approved.
HENRY ROSE, }
The present disposition of the Company's funds is shown
by this account. On comparing it with that of 1867, it
Auditors.
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., DeritY-
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, Esr

Robert A. Gray. Esq. Thos. Godfrey Sambrooke,
Wm. Augustus Guy, M.D., 1 Esq.
F.R.S. I Admiral Tindal.:

THE RESCUE SOCIETY'S HOMES
are as follows

For Fallen Women.
28, Church-row, Hamp- 150, Now Bent-road.
stead. 48, Church-street, Stoke
13, Ca mden-street, Camden- Newington.
town. Maize-hill Cottage, Green-
-205, Great Portland- street. wick.
For Young Girls in Danger.
27, Church-row, Ha.-opstead.
9, llenstridge-villas, St. John s-wood.
St. Mary's Lodge, Buckhurst-hill.
Country Home—St. James's-street, Dover.
Temporary Houle-85, Queen-street, Choapsido.
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 aio 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 624 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 banislers aro Messrs. Isheclay and Co.
The Committee very earnestly commend Pe work to the
benevolent. DINL. CO PER,; Sec.'
fir Lt.u.Qen-street Cheapside.