The Sun.
London, England, 1869-04-20 00:00:00

Premiums on new assur-

aces
Ditto on old ditto 366,215 7 3

£380,811 8 3
Interest from invest-
ments 117,581 7 3

Profit and loss, balance 44
::::::
of account l3 3
544,466 9 2
Total income ----
15 11

£1,317,207 2 11
CR. CHARGE OP THE YEAR.
Dividend to proprietors ...... . ............. £8,877 5 0
Cla;-ns 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 ...... 3,270 15 4
Ditto, old. ................... 50,365 0 8

Commission ....... ...... .43
Medical fees ..... '751 16 2
1701761028 155 3

..........
Income tax........, 2,215 4 7
Expenses of manage-
ment ........................ 15,489 8 5
----- 409,777 9 5

Total charge
................. ... . ...... £409,634 14 5
Balance of
account, 30t1; Juno 186. S ...... 907,552 8 6

£1,817,207 2 11
Examined and approv ‘d
-- viz.,
THOMAS ALLEN} Auditors
HENRY ROSE,
The total income of the year, it will be seen, is £544,466
98. 2d., and the total outgo £409,654 14s. sd. ; the diffe-
rence, or the sum laid by £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, 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 12s. 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 offices last absorbed
by the'company. The whole expenditure, however, in-
cluding income tax, is at the rate of little more than 5}
per cent. on the total income.
The balance-sheet is as follows :
DR.
Interest duo to proprietors ... £g977 13 3
Claims on decease of lives assured, and
additions thereto unpaid 61,530 4 5
Sundry accounts
Liability under sums assured, &o. (1867) 6,369,469 11 7
Proprietors' fund
Surplus fund as before ........................ 907,552 8 6

Total £7565198 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 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' balr.nces
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 A LLEN,I
. HENRY ROSE, f Auditors.
The present disposition of the Company's funds is shown
by this account. On ccmpaying it with that of 1867, it
will be observed that further investments have boon mado
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, too 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., Deputy-
Chairman.
Charles Bischoff, Esq.
Thomas Boddington, Esq.
Charles Chatfield, Esq•
Sir J. Buller East, Bart.,

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. Grayl Esq.
Win. Augustus Guy