The Sun.
London, England, 1869-04-17 00:00:00

LIFEBOAT SERVICES.—During the Storms
of the year 1868, the National Lifeboat Institution
contributed to the saving of 862 lives from various ship-
wrecks and 25 vessels from destruction. The Institution
slso expended £20,433 in the same period on its Lifeboat
Establishments, in addition to granting £2.431 for re-
wards.
The Committee of the institution earnestly appeal to the
public for assistanceto enable them to meet the continued
heavy demands on their 198 Lifeboat Establishments.
Contributions will be thankfully received by the London
and country bankers, and by the Secretary, Richard Lewis,
ran, at the laatitutio, 11,-.1914-xtrot, Adelphit London.

A.D. 1720.

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

OCTAVIIIS WIGRAM, Esq Governor.
JAMES STEWART lIIDGSON, Esq Sub-Governor.
CHARLES JOHN MANNING, Esq Deputy-Governor.

DIRECTORS.
Robert Barclay, Esq. William Tetlow Ribbed,
John Garratt Cattley, Esq. Esq.
Mark Currie Close, Esq. Wilmot Holland, Esq.
Edward James Daniell, Esq. Egerton Hubbard, Esq.
William Davidson, Esq. Nevile Lubbock, Esq.
Lancelot William Dent, Esq. George FOrbes Malcolmson,
Alexander Druce, Esq. Esq.
Fredk. Joseph Edlmann, Esq. Lord J osceline Wm. Percy.
Charles Hermann Goschen, Charles Robinson, Esq.
Escl• Samuel Leo Schuster, Esq.
Riversdale Wm. Grenfell, Eric Carrington Smith, Esq.
Esq. Joseph Somes, Esq.
Francis Alex. Hamilton, Esq. William Wallace, Esq.
Robert Amadeus Heath, Esq. Charles Baring Young, Esq.
Medical Referee, Samuel Solly, Esq., F.R.S.

NOTICE.—The usual fifteen days allowed for payment
of FIRE PREMIUMS falling due at Lady Day will expire
on the 9th of April.
FIRE and LIFE ASSURANCES may be effected on
advantageous terms.
The Duty on Fire Assurances has been reduced to the
uniform rate of ls. 6d. per cont. per annum.
No charge is made by this Corporation for Firo Policy
or Sta►np, however small the Assurance may be.
PA ,r MING 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 AsFured
Liberal participation in Profits, with the guarantee
of a
under large invested Capital Stock, and exemption
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 AND A
HALF.

ROYAL EXCHANGE, LONDON.
ROBERT P. bTEELE, Secretary.

_ .
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.
The 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, after deduction of this
bonus—that is to say, with the debit of £772,740 13s. 9d.

SURPLUS FUND ACCOUNT, 30TH JUI7E, 1868.
Du. INCOME OF THE YEAH.
(lance of account, 30th
Juno, 1867, £981,514 13 9
Less amount distributed
as bonus 208,771 0 0
£772,740 13 9
Premiums on new assur-

ances
Ditto on old ditto 366,215 7 3

£3°0,811 8 3
Interest from invest-

ments
117,584 7 3

Profit and loss, balance X 498,305 15 11
of account ............... 46,070 13 3
544,466 9 2 Total income ......... .....

£1,817,207 2 11
CR. CHARGE OF THE TEAR. Dividend to proprietors
................... £8,877 5 0
Cla;-ns on decease of lives
assured. .......e......... £265,523 13 5
Additions to thos under
participating policies... 22,816 4
Policies surrendered..... 28,642 .
Re-assurance ew ...... 3,270 11 L.
Ditto, 01d.,..,....,......... 50,365 0

Commission .............. .431(660128 155 `93
Medical fees ............... 751 16 2
Income tax ............. 2,215
4 7
Expenses of manage-
ment ............. •15 489 8 5
.......... 409,777 9 5

Total charge ............ £109,654 1.1 5
Balance of account, 366;;; ;- ..... ..... ...... 907,552 8 6

TIT OMAS ALLEN,} £1,317,207 2 11
Examined and approv ,(1
Auditors:
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.
The interest received during the year is £117,584 7s.
3d., arising from the productive portion of the realised
assets of £2,897,157
--•7 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 £sl2s. 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 186 G. 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
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 .................. £6,977 13 3
Claims on decease of lives assured, and
additions thereto unpaid .................. 61,530 4 5
Sundry accounts .............................. 45,
11 7
875 13 6
( ,169
, 369
Liability under sums assured, &c. 1867) 6
Proprietors' fund ........... . .................. 173,792 10 0
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 183,979 17 10
Ditto ditto reversions ... 347,136 5 5
Ditto ditto funded securities 479932 13 3
Ditto ditto temporary securities 142,424 011
Current interest on the above invest-
ments 36,243 7 6
Cash and bills 22,601 2 9
Advanced on security of the company's
policies..... 159,503 14 9
Agents' baliAces 27,112 9 6
Sundry accounts 112,460 15 0
Value of premiums (1867) ........... 4,506,167 18 0
Value of re-assurances 86,860 13 9

THOMAS A FAJEN '}
Total .................................... .£7,565,198 1 3
Examined and approved.
HENRY ROSE,Auditors.
The present disposition itf the Company's funds is shown
by this account. On comparing it With that of 1867, it
will be observed that further investments have been made
on mortgago 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. _ ..

Tho 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.
Thomas Boddington, Esq.
Charles Chatfield, Esq.
Sir J. Buller East, Bart.,

Chas. Thos. nolcornbe, Esq.
Joshua Lockwood, Esq.
James Murray, Esq.
Philip Rose, Esq.
George Russell, Esq.
Thos. Godfrey Sambrooko,
Esq.

D.C.L.
Robert A. Gray! Esq.
Win. Augustus Guy DI.D.,
raw,

THE RESCUE SOCIETY'S HOMES
are as follows :
For Fallen Women.
28, Church-row, Hamp- 150, New Kent-road.
stead. 48, Church-street, Stoke
13, Camden-street, Camden- Newington.
town. Cottage, Green-
-205, Great Portland- street. wich.
For Young Girls in Danger.
27, Church-row, Hampstead.
9, Henstridge-villas, St. John s-wood.
St. Mary's Lodge, Buck-burst-hill.
Country Home—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 ate 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 bankwrs are Messrs. Barclay and Co.
The Committee very earnestly commend its work to the
benevolent. Ds.NL. CODPER, Sec.
Qpnamotreet clespaide.

RoYAL HOSPITAL for INCURABLES,
West-bill, Putney-heath.

Established 'Blst July, 1854.
This Institution exists for the comfort and relief of per-
sons (being above the pauper class) afflicted with incur-
able bodily disease.
Relief is afforded-Ist. By supplying a home, with
medical attendance, nursing, and all requisites for the in-
valid.

• ---
2d. By granting an annuity of £2O to patients at their
own homes.
A new wing to the Hospital has just been completed
at a cost of upwards of ..£lO,OOO, and FUNDS are urgently
NEEDED to liquidate the expenses incurred.
There are 120 inmates and 237 pensioners, all entirely
dependent upon voluntary subscriptions.
Nearly 300 approved applicants are awaiting election.
For the maintenance of present operations, for the ex-
tension of the benefits of the Charity, donations, and espe-
cially annual subscriptions, are earnestly solicited. Life
subscriptions, X 5 ss. and upwards; annual subscriptions,
half a guinea and upwards, with votes in proportion.
Information will be supplied, with the greatest pleasure,
upon application to the Secretary, by whom contributions
will be thankfully received.
FREDERIC ANDREW, Secretary,
No. 10 Policy) Itonclopi Peptsather