The Sun.
London, England, 1869-01-21 00:00:00

A.D. 1720.

110 YAL EXCHANGE ASSURANCE
CORPOATION.
(Established by Ch arter of his Majesty George the First),
For SEA, FIRE, LIFE, and ANNUITIES.
Offices—ROYAL EXCHANGE, London.
Branch Office-29, Pall Mall, S.W.

Esq Governor.
Isq Sub-Governor.
3sq Deputy-Governor.
'TORS
William Tetlow Hibbort,
Esq.
Wilmot Holland, Esq.
Egerton Hubbard, Esq.
Nevile Lubbock, Esq.
George Forbes Malcolmson,
Esq.
Lord J osceline Win. Percy.
Charles Robinson, Esq.
Samuel Leo Schuster, Esq.
Eric Carrington Smith, Esq.
Joseph Somes, Esq.
William Wallace, Esq.
Charles Baring Young, Esq.
Luel Solly, Esq., F.R.S.

OCTAVIITS WIGRAM,
JAMES STEWART 111DGSON, R
CHARLES JOHN MANNING, E
DIREC

Robert Barclay, Esq.
John Garratt Cattley, Esq.
Mark Currie Close, Esq.
Edward James Daniell, Esq.
William Davidson, Esq.
Lancelot William Dent, Esq.
Alexander Druce, Esq.
Fredk. Joseph Edlmann, Esq.
Charles Hermann Goschen,
Esq.
Riversdale Grenfell,
Esq.
Francis Alex. Hamilton, Esq.
Robert Amadeus Heath, Esq.
Medical Referee, Sam

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 cent. per annum.
No charge is made by this Corporation for Fire Policy
or Stamp, however small the Assurance may be.
FA .7MING 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 As€ured
Liberal participation in Profits, with the guarantee
of a large invested Capital Stock, and exemption
under 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. STEELE, Secretary.

INDIAN MEDICAL SERVICE.
India Office, Ist December, IS6B.
NOTICE is Hereby Given, that an examination
of Candidates for 29 appointments as Assistant-Surgeons
in her Majesty's Indian Medical Service will be held at
Chelsea Hospital on the Bth February, 1869.
Copies of the regulations for the examination of Candi-
dates, together with information regarding the pay and
retiring allowances of Indian Medical Officers, may be ob-
tained on applicati n at the Military Department, India
Office, Westminster, S.W.
T. T. PEARS, Major-General,
Military Secretary 7"

INDEMNITY MUTUAL MARINE
ASSURANCE COMPANY,

. •
36, Great Winchester-street, London.
NOTICE IS HEREBY GIVEN, That the Annual Dividend, due to
the Shareholders on their Capital in this Company to the 31st
December last, will be Paid on Monday, the Ist day of February
next, by Warrants, which will be forwarded to each Proprietor
on that day; also, that the Books of the Company for the transfer
of Shares will be Closed from Tuesday, the 19th January, until
Thursday, the 4th February.
FRANCIS STEPHENS, Secretary.
13th January, 1869.

ROYAL INSURANCE COMPANY
HEAD OFFICES:
Royal Insurance Buildings Lombard-street, London.
Royal Insurance Buildings North John-street, Liverpool.

CAPITAL, TWO MILLIONS STERLING.
Total Annual Revenue exceeds £Boo,ooo
Accumulated Funds in hand X1,5110,000
LIFE DEPARTMENT.
Life and Annuity Funds....
SPECIAL ADVANTAGES—
Exemption of Assured from Liability of Partnership.
BONUSES among the largest ever declared by any Company.
Profits divided every five years.
All new Life Insurances now effected will become, entitled
to an Increased-Share of the Profits.
FIRE DEPARTMENT.
Premiums in 1867 .£40,553.
REDUCTION OF DUTY.—Since this first took place the increase
of business of the ROYAL has exceeded that of any other Office,
as shown by Government Returns.
Prompt and liberal settlement of Losses.

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

EAGLE INSURANCE COMPANY,
LONDON.

Report of the Directors for the year ending the 30th
June, 1868, read at the Annual General Meeting of
Ptoprietors, August 14, 1868—Colonel CHARLES
WETHERALL, 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 JUTE, 1868.
Dn. INCOME OF THE YEAR.
Balance of-account,
June, 1867' £981,514 13 9
Less amount distributed
as bonus 208,774 0 0

£77.1,74013 9
Premiums on new assur-
ances
Ditto on old ditto 3G6,215 7 3

£380,811 8 3

Interest from invest-
ments 117,584 7 3

£498,395 15 11
Profit and loss, balance
46,070 13 3
of account
544,466 9 2
Total income

£1,317:207 2 11

CR. CHARGE OF THE YEAR._-
Dividend to proprietors
Claims on decease of lives
assured £265,523 13 5
Additions to those under
participating policies 22,816 4 7
Policies surrendered 28,642 11 3
Re-assurances, new
Ditto, old 50,365 0 8

£370,618 5 3
Commission
Medical fees
Income tax 2,215 4 7
Expenses of manage-
15,489 8 5
ment
- 400,777 9 5

Total charge .
Balance of account, 30th Juno, 1868 907,552 8 6

£1,317,207 2 11
if Auditors.
Examined and approved.
HTHENOMRYASROASLEL,
The total income of the year, it will be seen, is £544,466
9s. 2d., and the total outgo £40£1349,651 14s. sd. ; the diffe-
rence, or the sum laid by—viz., ,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, 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 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
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 5Y
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, &c. (1867) 6,369,469 11 7
Proprietors' fund
Surplus fund as before 907,552 8 6

Total • -• £7,565,198 1 3

OR. 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
Ditto ditto temporary securities
Current interest on the above invest-

479,032 13 3
142,424 0 11

men ts
Cash and bills

36,243 7 6
22,604 2 9

Advanced on security of the company's
policies 159,503 14 9
Agents' balances
Sundry accounts
Value of premiums (1867)
86,860 13 9
Value of re-assurances

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 ccmparing it with that of 1867, it
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
as. 3d.
The direction of the company is now constituted as
follows :
The Right Hon. Sir JOHN YOUNG, Bart., K.C.8., Chair-

man.
WILLIAM FREDERICK DE LA RUE, Esq., Deputy-

Chairman.
Charles Bischoff, Esq.
Thomas Boddington, Esq.
Charles Chatfield, Esq.
Sir kßuller East, Bart., I

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

D.C.L.
Robert A. Gray, Esq.
Wm. Augustus Guy, M.D.,
F.R.S.