The Sun.
London, England, 1869-02-11 00:00:00

WEST INDIES AND MEXICO.

Leave St. Nazaire on the IGth of each month for St.
Thomas, Havana, Vera Cruz, New Orleans, Porto Rico,
Haiti, Santiago de Cuba, Guadeloupe, Martinique.
JAPAN; NORTH AND SOUTH PACIFIC, AND

CENTRAL AMERICA (via Panama).'
Leave St. Nazaire on the Bth of each month for Mar-
tinique, St. Martha (United States of Columbia), Colon,
Aspinwall (Isthmus of Panama), La Guayra, Porto Ca-
bello, Guadeloupe, Trinidad, Demerara, Paramaribo,
Cayenne, &c., Callao, Valparaiso, &c., San Jose, La Union,
San Francisco, China, and Japan.
Hand books, with full details of all the routes of this
company, can be bad of

STRINGER, PEMBBROKE, and Co.,
Agents, 8, Austinfriars, London, E.C.

EUROPEAN ASSURANCE SOCIETY.
Empowered by Special Act of Parliament.
For Life Assurance, Annuities, and Guarantee of Fidelity in
Situations of Trust.
Chairman— General Sir FREDERIC Slum, K.s, F.R.S.
Policies payable during Life—lndisputable—Not liable to
Forfeiture.
Annual Income exceeds Three Hundred and Fifty Thousand
Pounds,
The Annuity Tables, offering special advantages to Annuitants,
and full particulars of the popular Principles of this Society, will
be found in the New Prospectus, which will be forwarded to
applicants post free.
HENRY LAKE, General Manager.
316, Regent-street, and 1, Waterloo-place Pall mall, London.

ROYAL INSURANCE COMPANY.
HEAD OFFICES:
Royal Insurance Buildings Lombard-strut, Loudon.
Royal Insurance Buildings North John-street, Liverpool.
CAPITAL, TWO MILLIONS STERLING.
Total Annual. Revenue exceeds £Boo,ooo
Accumulated Funds in hand £1,500,000
LIFE DEPARTMENT.
Life and Annuity Fund5....
•
SPECIAL All VANTAGES—
Exemption of Assured from Liability of Partnership.
BONUSES among the largest ever declared by any Company.
Profits divided every fire years.
All new Life Insurances now effected will become entitled
to an Increased Shara of the Profits.
FIRE DEPARTMENT.
Premiums in 1867 £46',553.
REDucnos 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. McLARRN, Manager.
JOHN B. JOHNSTON, Secretary in London.

FAGLE INSURANCE COMPANY,
LONDON.

Report of the Directors for the year endinz the 30th
June, 1868, read at the Annual General Meeting. of
Proprietors August 14, 1868—Colonel CHARLES
EVE T HERILL, 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, Pant JUFE, 1863.
Dn. INCOME OF TILE YEAR.
Balance of account, 30th
June, 1867, £981,514 13 9
Less amount distributed
as bonus. 208,774 0 0

£772,740 13 9

Premiums on new assur-
ances
Ditto on old ditto .....

X 380,811 8 3

Interost from invest-
ments 117,584 7 3

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

£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 ....., 3,270 15 4
Ditto, old

£370,618 5 3
Commission ............... 11,702 15 0
Medical fees ............... 751 16 2
Income tax .............. ... 2,215 4 7
Expenses of ma nage-
ment ........................ 15,489 8 5
400,777 9 5

Total charge ..... £409,654 14 5
Balance of account, Nth June, 1868 907,552 8 6

£1,317,207 211
Examined and approvAii
THOMAS ALLEN ,1 Auditors.
HENRY ROSE, f
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, 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'preniiums 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 lest 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
Claims on decease of lives assured, and
additions thereto unpaid
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
On. ASSETS.
Amount invested in fixed mortgages X1,460,772 2 7
Ditto/ ditto decreasing ditto
Ditto ditto reversions 347,136 5 5
13 3
Ditto ditto funded securities
Ditto ditto temporary securities
Current interest on the above invest-
-36,243 7 6
ments 22,604 2 9
Cash and bills
Advanced on security of the company's
159,503 14
policies 27,112 9 6
Agents' balances
112,460 15 0
Sundry accounts .............................
4,506,167 18 0
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 sent dispositiouof the Company's funds is shown
by thispr acecount. On ccmparing it with that of 1867, it
will bo observed that further investments have been made
on mortgage and in the Government funds, and that about
£ll,OOO more has bona advanced on security of tho 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 compan is now constituted as
y
follows :
The Right Hon. Sir JOHN YOUNG, Bart., K.C.B.
eCphuatiyri
Chair-
man.
WILLIAM FREDERICK DE LA RUE Esq., D
Chairman.
Charles Bischoff, Esq. Chas. Thos.
Holcombe, Esq.
Thomas Boddington, Esq. Joshua Lockwood,
q.
Sir j
Charles. BCuhlaltefirelEd,asE4sqß.
Bart., Jamesp Rose, M urr,aEY'sqTr
D Csci;sci.
Ph
GeEorsgqe. Russell, Esq.
Thos.il Godfreyse Sam roo c,
Robertl
1l LA.
Augustus Gray
Guy, BLD., b k
Admiral Tindal.',

ship was hot, and had not Mr. Cutnback been
strong he would have been bowled over by the
publication of this correspondence. This gentle-
man adds another to the Republican party in the
Senate. Alas ! we have counted our chickens be-
fore they were hatched. On the 22d January a
caucus of Republican members was held at India-
napolis, and Mr. Cutnback's name withdrawn, D.D.
Pratt of Logansport being substituted, and when
the Legislature wet that day he was elected in the
joint convention, the vote being 83, Hendricks GO.
DANIEL D. PRATT had resided for 30 years at Lo-
gansport, where he reerns to have been very com-
fortable if we may judge from the weight to which
he Lai attained, 4001bs. Indeed it is said that no.
Senator Eo weighty has sat in the Chamber since
the time of Dixon 11. Lewis. He is an able lawyer,
and must be thought highly of in the State, as he was
elected for the Forty-first Congress, beating Nathan
A. Ross by 17,233 to 14,946. He is therefore pro-
moted from the House tot he Senate, and we may
here mention that Thomas N. Stillwell, late Minis-
ter to Venezuela will be the Republican candidate
for the Eighth District vacated by him. Stillwell
was a Johnson Republican in the Thirty-ninth
Congress.