The Sun.
London, England, 1869-05-28 00:00:00

HOSPITAL for DISEASES of the THROAT,
oldeuare, W.
President —RisG G racn-se the Duke of GRAFTON.
The Committee of Management earnestly APPEAL for
FUNDS to help thorn to meet the heavy current expenses.
Upwards of 18,000 poor persons have been relieved in the
last six years.

GEORGE WOOD, Secretary.

THE LOAI BARD EXCHANGE AND
NEWS-ROO NI.

-
Lombard-street. London.
MANAGER —Mr J. [I. YOUNGRUSBAND, late Treasurer
and Secretary of the Liverpool Exchange.
Subscription, £3 3s. per annum, or lOs. monthly, payable

in Advance.
The Room is supplied with Newspapers, both home
and foreign ; Reuters Telegrams, giving commercial,
political, and general telegraphic information ; Shipping
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There is also an excellent Refreshment-roam attached,
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nished.
The attention of country bankers, solicitors, manufac-
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bard Exchange.

BRITON MEDICAL AND GENERAL
LIFE ASSOCIATION.
Chief Offices-429, Strand, London.
TRUSTEES.
Lieut.-General Sir J. E. R. Partridge, Esq.. P.R.S.
I
Dupuis, K. 0.8. Francis Webb, Esq.
Sir James Duke, Bart. W. Tyler Smith,
Sir W. Fergusson, Bart., Millie Coventry,

F.R.S.
CHAIRMAN OF THE Boman —FRUCCIS WEBB, Esq.
DEPUTY CHAIRMAN W. TYLER SMITH, Esq.
EXTRACTS from the FIFTEENTH ANNUAL RE-
PORT, read at the Annual General Meeting held at the
Society's House on Thursday, 18th March, FRANCIS
WEBB, Esq., in the chair.
The directors have received 3,212 proposals for assur-
ing the sum of 072,866 18s. Bd. 2,472 policies were
issued, assuring £703,451 4s. and producing in annual
premiums the sum of £25,227 8d
The following tabulated retur
ness transactions during the th—

is exhibit the new busi-
quinquennial periods :

tc
0 -5-43 '5
S
~.1 =g, :: '6l ....
t. ~o ' • . Amount A t., Amount Annual
0 -.... ~5,) P. proposed, '".:-°. Assured. Premiums.
44 a .P. .c. :.,c' .9.
z p.,
4
a . . p 5 4
——-_—-- - - - -
x s. d. £ s. d. Zs. d.
1858 4,802 1,023,140 0 0 3,318 (54,140 0 0 21,347 16 5
1863 13,244 2,779,666 0 0 9,746 2,037,383 0 0 63,507 19 10
1368 17,466 4,861,303 5 9 13,699 3,752,967 4 8 122,257 17 6
-- --
Total.. 35,512 8,664,109 5 9 26,763 6 444,490 4 8 207,113 13 9

-----:-----_
The net premium income has increased to
the sum of <£2
The interest on investments and otheritems
of receipt yield

.6,704 1 7

:1,27G 18 1

Making a total income of £237.980 19 8
The claims were 33.5, amounting to the sum of £127,886
12s. ld.
The balance of the rear's income was £68,026 9s. 4d.
The assets of the tvzsociation at the close of the year
amounted to £667,493 Bs. sd.
The directors draw special attention to the fact thrt the
next bonus valuation will take place at the end of the year
1872, and that all polices effeet,d on tho profit scales prior
to the 31st December, 1869, will be entitled to participate
in the same. .
The directors also draw attemiou to the successful esta-
blishment during the past year of the Britannia Fire
Association, under the auspices of the Briton. The direc-
tors believe that the establishment of a Fire Company, to
work in active co-operation with the Life, will tend touch
to the ativantao and profit of both institutions. It is
scarcely necessary to remark that the capital funds and
constitution of each office are quite separate and distinct.
By order of the Board,
JOHN MESSENT, Actuary and Secretary.
London, March 18, 1869.

EIAGLE INSUR A.NC E COMPANY,
LONDON.
Report, of the Directors for the year endinz, the 30th
June, IF6B, read at -the Annual General MeeHAtineßLE of
Proprietors Aurrust 14, .1868—Colonel CS
WETHEIIILL, 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
1:208,771. The surplus fund account, as under, commences
with the balance of June, 1867, after deduction of this
bonus—that if, to say, with the debit of £772,740 13e. 91

SURPLUS FUND ACCOUNT, 30Ti1 JUrE, 1868.
Pit. INCOME OF TILE YEAR.
Balance of accoutt, 30th
June, 18G7, £981,514 13 9
Less amount distributed
as bonus 208,774 0 0
£772,740 13 9

Premiums (fl new assur-
ances • 11,596 1 5
Ditto on old ditto 366,215 7 3

£390,811 8

Interest from invest-
ments ll7 581 7
,

£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. CITARGE OF in YEAR
Dividend to proprietors
Cle;-ns on decease of lives
£265,523 13 5
assured
Additions to those under
participating policies 22,816 4 7
Policies surrendered 28,612 11 3
Re-assurances, new
Ditto, old 50,365 0 8

£370,618 5 3
Commission

Medical fees

151' 16 2

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

400,777 9 5

Total thargo
Balance of account, 30th June 1868 907,552 8 6

£1,317,207 2 11
Examined and approv
THOMAS ALLEN, Auditors
HENRY ROSE, f
The total income of the year, it will be seen, is £544,466
9s. 2d., and the total outgo £409,654 14s. sd. ; the diffe-
rence, or the sum laid by- viz., £131.811 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 aro £11,596 ls. 9d.,
and of this sum £3,270 15s. 4d. has been expended in re-
assurances.
The claims on decease of lives assured aro 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 prerninms paid for re-assurance, many of the risks
re-assured having terminated by death and other causes.
The expenses of management .r. 1.. e than fluorin of last
ear by upwards of £1,400. But they still include charges
incurred in the final closing of the two officeslast absorbed
by the company. Tho whole expenditure, however, in-
eluding income tax, is at the rate of little more than 51
per cent. on the total income.
The balance-sheet is as follows
LIABILITIES.
Interest due to proprietors
Claims on decease of lives assured, and
additions thereto unpaid 61,530 4 5
45,875 13 6
Sundry accounts
Liability under sums assured, &c. (1867) 6,369169 11 7
173,,792 10 0
Proprietors fund
Surplus fund as before
-----_--

£6,977 13 3

THOMAS ALLEN,) Auditors.
HENRY ROSE,

•
Total £7,565,198 1 3
CI L 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-
-36,243 7 6
ments
Cash and bills 22,601 2 9
Advanced on security of the company's
policies....
Agents' balunces
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
Eiaminedand approved.

The presertt disposition of the Company's funds is shown
by this account. On comparing it with that of 1837. 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
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 Boddiugton, Esq.
Charles Chatfield, Esq.
Sir J. Buller East, Bart.,
D.C.L.
Robert A. Gray: Esq.
Win._ Augustus Guy M.D.,
F.R.S.

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