The Sun.
London, England, 1869-07-17 00:00:00

544,466 9

'-£1,517,207 2 11

CR. CHARGE OF THE YEAR.
Dividend to proprietors
Clas-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
Ditto, old.. 50,365 0 8

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

,777 9 5

Total charge .. £409,654 14 5
Balance of account, 30th June, 1868 907,552 8 6

£1,317,207 2 11

Examined and approv -1
THOMAS ALLEN} Auditors,
HENRY ROSE,
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., £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 officeslast absorbed
by the company. The whole expenditure, however, in-
cluding income tax, is at tho rate of little more than 5i
per cent. on the total income.
The balance-sheet is as follows
DR.
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
CR. 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 479,932 13 3
Ditto ditto temporary securities 142,424 011
Current interest on the above invest

36,243 7 6
22,604 2 9

ments
Cash and bills
Advanced on security of the company's
policies 159,503 14 9
Agents' bali.aces
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
Niamined aud approved.
TIIOIIAS ALLEN,} Auditors.
HENRY ROSE,

The present dispositionof 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 boon 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. Gntyl Esq.
Wm. Augustus Guy M.D.,
F.E.S.

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

ROYAL HOSPITAL for INCURABLES,
West bill, ^ Putney-heath.

Established 31st Jul-y, 1851.
This Institution exists for the comfort and relief of per-
sons (being above the pauper class) afflicted with incur-
able bodily disease.
Relief is afforded-Ist. By supplying a home, with
medical attendance, nursing, and all requisites for the in-
valid.
2d. By granting an annuity of £2O to patients at thei
own homes. _ _

A rew wing to the Hospital has last been completed
at a cost of upwards of £lO,OOO, and FUNDS are urgently
NEEDED to liquidate the expenses incurred.
There are 120 inmates and 237 pensioners, all entirely
dependent upon voluntary subscriptions.
Nearly 300 approved applicants are awaiting election
For the maintenance of present operations, for the ex
tension of the benefits of the Charity, donations, and espe-
cially annual Buhr Niptions, are earnestly solicited. Life
subscriptions, .£5 58. and upwards; annual subscriptions,
half a guinea and upwards, with votes in proportion.
Information will be supplied, with the g-eatest pleasure,
upon application to the Secretary, by whom contributions
will be thankfully received.
FREDERIC ANDREW Secretary
No. 10, Poultry' London, E.C. September 1868.

ROYAL FREE HOSPITAL, Gray's-inn-road,
in tho immediate vicinity of the Groat Northern
Railway Terminus, King's Cross.
Patron—Her Most Gracious MAJESTY the QUEEN.
Vico-Patron—
His Royal Highness the Prince of WALES, K.G.

Presidentl-His Grace the Duke of BUCCLEUCH, K.G.
This Hospital, founded iu the year 1828, the first to
establish the principle of free admission to the sick poor,
without the delay and difficulty of Governors' orders, is
wholly dependent r.or support on voluntary contributions
and legacies.
It affords relief to a large number of in-patients, and, in
addition to this, the average number of attendance of the
destitute sick has for a considerable period averaged be-
tween 3,000 and 4,000 weekly.
The Committee earnestly solicit the assistance of. the
benevolent, as the premises of this hospital are capable of
containing several hundred more beds had the Committee
the requisite funds to maintain them.
Contributions are received by their bankers, Messrs.
Brown, Hansom, and Co., Abchurch-lane ; also by Messrs.
Coutts and Co.; Drummond and Co.; Glyn and Co.;
Herries and Co.; Ransom and Co. ; Prescott, Grote, and
Co.; Smith, Payee, and Co.; Barclay and Co. ; Williams,
Deacon, and Co.; Nisbet and Co.,lßerners-street i and.at
the hospital from 10 till

This is clear enough. Either the English Government
had given way, or there had been grievous misunderstand.
ing People in America, in fact, are beginning to see that by
the rejection of the treaty they lost an opportunity which
will is all likelihood never return. Even the extreme
Herald itself admits that, " Perhaps if arbitration had
been agreed upon it might, after all, have been better
for us than to leave the Alabama claims an open question
for an indefinite period." If the arbitration, it says, had been
favourable to America, a certain amount of cash would
have been gained. Had it been unfavourable, the
Americans would have been justified in following
England's example whenever we were involved in a war.
Mr. Reverdy Johnson, in this letter, writes strongly
against the idea of war with England. It would not only
be wicked, it might also be disastrous :
" The power of England upon both land and ocean was
never greater than at present. Her steam navy has been
brought to such a state of perfection that in speed and
other efficiency it is believed to be unrivalled. The com.
mercial marine, therefore, of the United States at sea
when the war is declared would in all probability be
certain victims, while that which was in port, if safe
there against the attacks of the enemy, would be useless
to their owners."