The Sun.
London, England, 1869-06-25 00:00:00

NEW PATENT

LILASTIV-STOCKINGS,
KNEE-CAPS, &c., for Varicose Veins and all cases
of Weakness and Swelling of the Legs, Sprains, &c. They
are porous, light in texture, and inexpensive, and are
drawn on like an ordinary stocking. Price 4s. Gd., 7s. GI,
10s., and 16s. each. Postage. Gd.
JOHN WHITE, Manufact'irer, 228, Piccadilly.

SURPLUS FUND ACCOUNT, 30TH JUTE, 1363.
IwoomE OF Ti-It Yr.Al2-
Balance of account, 30th
June, 1867, £981,314 13 9
Less amount 1 istributed
as bonus 208,774 0 0
£772,74013 9
Premiums rn new assur-

fIIIC,•S

14,596 1 5

Ditto ou old ditto 36G,215 7 3

Interest froni invest-
ments

£3ST,BII. 8

117,581 7

.E 498,395 15 11
Profit and loss, balance
of account
Total income 544,466 9 2

£1,5a:207 2 11

. .
CR. CIIARGE OP THE YEAR
Dividend to proprietors
Cla;ms on decease of lives
assured £265,523 13 5
Additions to those under

p olicipating policies 22,816 4 7
Policies surrendered 28,642 11 3
Re-assurances, now
Ditto, old 50,365 0 8

£370,618 5 3
Commission

Medical fees

'751 16 2

Income tax 2,215 4 7
Expenses of manage-
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 '
THOMAS A LLEN,I_ Auditors
HENRY ROSE,
The total income of the year, it will bo soon, 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 £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 officeslest absorbed
by the company. The whole expenditure, however, in-
cluding income tax, is at the rate of little more than 5i
per cent. on the total income.
The balance-sheet is as follows :
Dn. LtaBrLITILS.
Interest duo to proprietors
Claims on decease of lives assured, and
additions thereto unpaid
Sundry accounts
Liability under sums assured, &c. (1867) 6,369,169 11 7
Proprietors' fund
Surplus fund as before 907,552 8 6

£6,977 13 3

Total £7,565,198 1 3
On. ASSETS.
Amount invested in fixed mortgages £l
Ditto ditto decreasing ditto
Ditto ditto reversions
Ditto ditto funded securities
Ditto ditto temporary securities
Current interest on the above invest-
ments
Cash and bills
Advanced on security of the company's
policies 159,503 14 9
Agents' bah-Aces
Sundry accounts
Value of promiums (1867)
Valuo of re-assurances 86,860 13 9

,460,772 2 7
183,979 17 10
347,136 5 5
479,932 13 3
142,424 0 11

36,243 7 6
22,604 2 9

Total £7,565,198 1 3
Examined and approved.
THOMAS .A ',LENI- 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 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
Bs. 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, Es:n.
Sir J. Buller East, 'Bart.,
D.C.L.
Robert A. Gray- Esq.
Wm. Augustus Guy M.D.,

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