The Sun.
London, England, 1869-04-03 00:00:00

400,777 9 5

Total el) o,rgn
Balance of account, 30th Juno 1868 907,552 8 6

£1,317,207 2 11
Examined and approv
THOMAS ALLEN} Auditors
HENRY DOSE,

The total income of the year, it will be soon, is £514,466
9s. 2d., and the total outgo £409,651 1 Is. sd. ; the diffe-
rence, or the sum laid by- viz., £131,811 145. 9d.—raises
the fund again to £907,552 Bs. 6d.
The interest received during the year is £117,584 78.
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 cant. ; or, if the profit shown of £46,070
13s. 3d,, derived from various extraneous sources, be in-
cluded, at upwards of £5 12s. per cont.
The premiums on new assurances are £14,596 Is. 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
ye* by upwards of £14400. 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. LIABILITIES.
Interest due to proprietors
Claims on decease of lives assured, and
additions thereto unpaid 61,530 4 5
Sundry accounts
Liability under sums assured, &e. (1867) 6,369,469 11 7
Proprietors' fund
Surplus fund as before 907,552 8 6

Total £7,565,198 1 3

CR. ASSETS.
Amount invested in fixed mortgages £1,460,772 2 7
Ditto ditto decreasing ditto
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-
ments 36,243 7 6
Cash and bills 22,604 2 9
Advanced on security of the company's
policies.... 159,503 14 9
Agents' balLnees
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 fur=ther investments have been made
on mortgage and in the Government funds, and that about
411:000 -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., H.C.B. Chair-
man.
WILLIAM FREDERICK DE LA RUE Esq., Deputy-
.hairmn.
Charles Bischoff, Esq. Chas. Thos. Holcombe, nig-
Thomas Boddington, Esq. Joshua Lockwood, Esq. ,
Charles Chatfield, Esq. James Murray, Esq.
fiir J. Buller East, Bart., Philip Rose, Esq._
George Russell, Esq.
'Robert A. Gray! Esq. I Thos. Godfrey Sambrooke,
Win. Augustus Guy, Esq.
F.B.S. Admiral