The Sun.
London, England, 1869-05-04 00:00:00

TIIE LOMBARD EXCHANGE ANI
NEWS- ROOll.

Lombard-street. London.
MANAGER—Mr J. IL YOUNGIIUSBAND, late Treasurer
and Secretary of the Liverpool Exchange.
Subscription, £3 3s. per annum, or 10e. monthly, payable

in Advanco.

The Room is supplied with Newspapers, both home
and foreign ; Reuter's Telegrams, giving comrnercia
political, and general telegraphic information ; Shipping
Lists, Directories, Time Tables, and other Books of Re-
ference.
There is also an excellent Refreshment-room attached,
as well as a Reading and Writing Room, comfortably fur-
nished.

The attention of country bankers, solicitors, manufac-
turers, and others is invited to this Institution, which will
bo found veryconvenient to gentlemen whose business
engagements oblige them frequently to visit the metro-
polis.
For further particulars apply to the Manager of the
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bard Exchange.

BRITON MEDICAL AND GENERAL
LIFE ASSOCIATION.

Chief Offices*-429, Strand, London.
TRUSTEE
Lieut.-General Sir J. E. R. Partridge, Esq., F.R.S.
Dupuis, K.C.B. I Francis Webb, Esq.
Sir James Duke, Rart- W. Tyler Smith, ld.D.
Sir W. Fergusson, Bart., I Millis Coventry, E,,q.
P.R.S.
CHAIRMAN OF THE Boma) —FR iNCIS 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 £972,866 18s. 9d. 2,472 policies were
issued, assuring £703,451 4s. and producing in annual
premiums the sum of Z 25,227 8('
The following tabulated retu
ness transactions during the th

•ns exhibit the new busi-
w quinquennial periods :

~,, bo ..d
3
a). 2; L§ .2 . 0
g
d g .- •
, .4'
. . 0 6 Amount
~.; = Amount Annual
4.57.1, 1:. Proposed. '-i-; Assured. Premiums.
= {1; ck
cy,l,
- - - - -
£ s. d. £ s. d. £s. 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
1868 17,466 4,861,303 5 9 13,699 3,732,967 4 8 122,257 17 6
- -- — ---
Total.. 35,5121 8,664,109 5 9 126,763 6,444,490 4 8 207,113 13 9

The m t premium income
the sum of
The interest on investmen
of receipt yield

has increased to

£2
Is and other items

.6,704 1 7

21,276 18 1

Making a total income of V 37.980 19 8
The claims were 335, amounting to the sum of ..£127,886
2s ld.

The balance of the year's income was £68,026 9s. 4d.
The assets of the association at the close of the year
amounted to £667,493 Bs. 5(1.
The directors draw special attention to !he fact tbrt the
next bonus valuation will take place ,►t the end of the pair
1874 and that all polices effected on the profit scales prior
to the 31st December, 1869, will be entitled to participate
in the same.

The directors also draw atten.ion to the successful esta-
blishment during the past year of tho Dritannia
Assecihtion. tinder the auspices of the liriton. The direc-
tors I,t.lieve that the establishment of a Fire Company, to
work hi active cooperation with the Life, will tend much
to the advantago and profit of botti institutions. It is
scarcely neces,ary to remark that the capital funds and
constitution of each oiliee a.-e quite separate and distinct.

By order of the Board,
JOHN MESSENT, Actuary and secretary.
London, March 18, 186.

EAGLE INSURANCE COMPANY,
LONDON.

Report of the Directors for the year ending the 30th
June, 1868, read at the Animal General Meeting of
Proprietors, August 14, 1868—Colonel CHARLES
WETHERALL, 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
bouus—ast is to say, with the debit of X 772,740 13s. 9d.

SPIIPLITS FUND ACCOUNT, 30Tit JUYE, 1838.
PR. INCOME OF TILE YEAR.
Balance of account, 30th
June, 1867, £981,514 13 9
Less amount distributed
as bonus 908,774 0 0
Premiums on new assur-

4772,71013 9

anees
Ditto on old ditto 366,215 7 3

.£30,811 8
Interest from invest-
ments 117,584 7

£498,395 15 11
Profit and loss, balance
of account
544,466 9 2
Total inc,.,me

£1,317.`207 2 11
CR. °MARGE OF THE YEAR
Dividend to proprietors
Cla;-ns on decease of lives
ass,tred £265,52313 5
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 8
Commission

Medical fees

'751 16 2

Income tox 2,215 4 7

Expenses of 711:1 nage-
ment 15,489 8 5

400,777 9 5

Total charge
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 £409,651 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 £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 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.
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 £1,460,772 2 7
Ditto ditto decreasing ditto
Ditto ditto reversions 347,136 5 5
Ditto ditto funded securities
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' halt/Ices
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,} Auditors.
HENRY ROSE,

The present disposition of the Company's funds is shown
by this account. On comparing it with that of 1867, it
will be observed that further investments have boon 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 futuro premiums, the assets amount to £3,059,030
3s. 3d.

The direction of the compau 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. 1 Chas. Thos. Holcombe, Esq.
Thomas Boddington, Esq. I Joshua Lockwood, Esq.
Charles Chatfield, Esq. James Murray, Esq.
Sir J. Buller East, Bart., Philip Rose, Esq.
D.C.L. George Russell, Esq.
Robert A. Gray Esq. 1 Thos. Godfrey Sambrooke,
Win. Augustus Guy M.D. I Esq.
F.R.S. I Admiral Tindal.'