The Sun.
London, England, 1869-03-12 00:00:00

EAGLE INS UR ANC E COMPANY,
LONDON.

the
year ending the 30th
—Colonel CHARLES
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WETHERALL, K.C.T., Chairman of the Company, in
the Oliair.

The proprietors will no doubt remember that at the last
annual gcneral meeting a report was made to thorn 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, 30Tir Jl7l E, 1868.
PR. INCOME OF THE 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-

antes
Ditto on old ditto 866,215 7 3

X 380,811 8 3
Interest from invest-
ments 117,584 7 3

£498,395 15 11
Profit and loss, balance
of account
Total income .......

£1,317.207 2 11
CR. CHARGE OF TIIE YEAR.
Dividend to proprietors ,•„•
...............£8,877 5 0
Claims on decease of lives
assured ................. £265523 13 5
Additionstotlanposeoe liciun.e.ds...er ,
participating
..
232:287160
145
74
Policies surrendered....
28,642 11 3
DReit-taos,soulrda.n. ...... w
............ 50,365 0 8

Commission £370,618 5 3
Medical fees ............... 11,702 15 0
......
Income tax .................. 751 16 2
... 2,216 4 7
Expenses of oiti nago_
went ........................ 15,489 8 5

7 9 5

Totalcharge ..............................
Balance of account, 30th Juno 1868 ......
Z1_0_97:655542 148 56

£1,317,207 2 11
Examined and approv,
THOMAS ALLEN} Auditors.
E
The total income ofH theNRY ROSE,
year, it will be seen,
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 £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 preminms 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
Liability under sums assured, &c. (1867) 6,369,169 11 7
Proprietors' fund ...........
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 ...... 183979 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
Cash and bills ....................................
Advanced on security of the company's
policies.... ..................................... 159,503 14 9
Agents' bah ces
Sundry accounts
Value of premiums (1867) • .... 4,506,167 18 0
Value of re-assurances 86,860 13 9

36,243 7 6
22,604 2 9

Total .................................... £7,565,198 1 3
Examined and approved.
THOMAS A LLEN,}
HENRY ROSE, Auditors.
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 Lave 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 Boddington, Esq.
Charles Chatfield, Esq.
Sir J. Buller East, Bart.,
D.C.L.
Robert A. Gray. Esq.
Wm. Augustus Guy, M.D.,
P.R.S.

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