The Sun.
London, England, 1869-07-21 00:00:00

Expenses of manage-
ment..

15,489 8 5

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

£1,317,207 2 11
Examined and approv '
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. scl. ; 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 £14,696 ls. 9d.
and of this sum £3,270 15s. 4d. has been expended in ro
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 5i
per cent. on the total income.
The balance-sheet is as follows :
DR. LIABILITIES.
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) 6,369,169 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
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

36,243 7 6
22,604 2 9

Advanced on security of the company's
policies...:
Agents' bal£ll008
Sundry accounts
Value of premiums (1867) ..... 4,506,167 18 0
Value of re-assurances 86,860 13 9

Total £7,565,108 1 3
Examined and approved.
THOMAS A LLEN'I Auditors.
HENRY ROSE, f
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 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 RIIE Esq., Deputy-
Chairman.
Charles Bischoff, Esq. Chas. Thos. Holcombe, Esq.
Thomas Boddington, Esq. 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. Thos. Godfrey Samb ooke,
Wm. Auguktua (buy Esq.
F 413. 14clialal TiAtlag

ROYAL HOSPITAL for INCURABLES,
West-hill, Putney-heath.

Established 31st July, 1854.
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 the'
own homes.

A t ew wing to the Irosrpital 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, do4ations, and espe-
cially annual subscriptions, are earnestly solicited. Life
subscriptions, £5 ss. 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.

FREDERIO ANDREW Secretary
NO. 1N roultryi Loud9BLE.W.Ooptuaber

WEST INDIES AND MEXICO.
Leave St. Nazaire on the 16th of each month for St.
Thomas, Havana, Vera Cruz, New Orleans, Porto Rico,
Haiti, Santiago do Cuba, Guadeloupe, Martinique.
JAPAN, NORTH AND SOUTH PACIFIC, AND
CENTRAL AMERICA (via Panama).
Leave St. Nazairo on the Bth of each month for Mar-
tinique, St. Martha (United States of Columbia), Colon,
Aspinwall (Isthmus of Panama), La Guaira, Porto Ca-
bello, Guadeloupe, Trinidad, Demerara, Paramaribo,
Cayenne, &c., Callao, Valparaiso, &c., San Jose, La Union,
San Francisco, China, and JapaL.
Hand book; with full details of all the routes of this
company, can ho had of
STRINGER, PEMBBROKE, and Co.,
Agents, 8, Austinfriars, London, E.C.

ABSOLUTE SECURITY POLICIES, UN-
FORFEITABLE, UNCONDITIONAL, and UN-
CHALLENGEABLE, issued by the PRUDENTIAL
ASSURANCE COMPANY, 62, Ludgate-hill, Loudon,
E.O. Established 1848.
The Directors of this Company, in deference to an ob-
jection not unfrequently urged by persons invited to as-
sure, that the ordinary mode of Life Assurance is in their
opinion defective or uncertain, by reason of the operation
of the customary conditions, have resolved to promulgate
the present Tables, and to issue Assurances under them
which shall be absolutely Unforfeitable, Unconditional,
and Unchallengeablo.
For the reason referred to, many persons hesitate or
decline to assure on the ground that, in the event of in-
ability or unwillingness to continue payment of their pre-
miums, the Assurance will become forfeited. To this
class of the public the system now introduced will espe-
cially commend itself, being entirely free from all condi-
tions of forfeiture on account of non-payment of premium,
or from any other cause whatever; while at the same
time it absolutely guarantees at decease, when even a de-
fault is made in payment of the premium, a fixed sum in
respect of every pi emium paid. bearing the same propor-
tion to the total amount assured as the number of pre-
miums actually paid may bear to the whole number origi-
nally
contracted to be paid.
Besides this important advantage, every policy will ex-
pressly state what sum can at any time be withdrawn on
the discontinuance of the assurance.

The assured will thus always have the option of retain-
ing either an ascertained fixed sum payable at decease,
or, in case of need, of withdrawing a certain amount, ac-
cording t the duration of the Policy, such amounts being
set forth on every Policy, and rendering unnecessary any
future reference to the Company on these points, as is the
case with ordinary assurances.
Creditors assuring the lives of debtors will appreciate
this feature as one greatly protective of their interests, and
•it will likewise commend itself to bankers, capitalists, and
others who are in the habit of making advances collaterally
secured by Life Policies, as they can ut any time learn, by
mere inspection, the exact value, either immediate or• re-
versionary, of a Policy of this description.
Every Policy issued on this plan will be without any
conditions as to voyaging, foreign residence, or other usual
limitations. By this freedom from restrictions of all kinds
the objections before referred to will be entirely removed,
and the Policies will become at once positively valuable as
actual securities.

In addition to the foregoing statement of advantages,
the number of premiums is strictly defined. The longest
term provided for is twenty-five years, and the shortest
five years, as shown by the Tables. Thus, bankers, credi-
tors, and others holding policies of this class as security,
may always know the utmost amount they may be called
upon to advance so as to maintain the full benefit of the
Assurances—a matter of great importance where policies
are held as collateral security.
It is only necessary to add that, as a consequence of the
policies under these tables being unforfeitable and uncon-
ditional, they will also be unehallengeable on any ground
whatever. They may therefore be aptly termed Absolute
Security Policies.

Tho PRUDENTIAL ASSURANCE COMPANY pos-
sesses an income of £215,000 a year Its position is un-
questionable, and it obtains the largest amount of new
busineas of any office) in the Kingdom. SPECIAL
AGENTS WANTED.

ITENny HARDEN, Secretary.

A.D. 1720.

ROYAL EXCHANGE ASSURANCE
CORPORATION.
(Established by Chr.rter of his Majesty George the First),
For SEA, FIRE, LIFE, and ANNUITIES.
Offices—ROYAL EXCHANGE, London.
Branch Office-29, Pall Mall, S.W.

OCTAVITJS WIGRAM, Esq Governor.
JAMES STEWART 111DGSON, Esq Sub-• Governor.
CHARLES Joan MANNING, Esq Deputy-Governor.

Robert Barclay, Esq.
John Garratt Cattley, Esq.
Mark Currie Close, Esq.
Edward James Daniell, Esq.
William Davidson, Esq
Lancelot William Dent, Esq.
Alexander Druce, Esq.
Fredk. Joseph Edlmann, Esq.
Charles Hermann Goschen,
Esq.
Riversdale Wm. Grenfell,
Esq.
Francis Alex. Hamilton, Esq.
Robert A madeus Heath, Esq.
Medical Referee, Sam

DIRECTORS.
William Tetlow
Esq.
Wilmot Holland, Esq.
Egerton Hubbard, Esq.
Nevile Lubbock, Esq.
George Forbes Malcolmson,
Esq.
I Lord Joeceline Wm. Percy.
Cl'arles Robinson, Esq.
Samuel Leo Schuster, Esq.
Eric Carrington Smith, Esq.
Joseph Somes, Esq.
William Wallace, Esq.
Charles Raring Young, Esq.
tuel Solly, Esq., F.R.S.

NOTICE.—The usual firteen days allowed for payment
of FIRE PREMIUMS falling due at Midsummer will ex-
pire on the 9th of July.
FIRE and LIFE ASSURANCES may be effected on
advantageous terms.

FIRE DUTY. -This Tax having been abolished, the
PREMIUM is NOW the only charge for Fire Insurances.
nuNG STOCK.— No Extra Charge is made for the
use of Steam Thrashing Machine 3.
Tho Reversionary Bonus on British LIFE POLICIES
has averaged nearly 2 per cent. per annum on the sum
assured.

Equivalent reductions have been made in the Premiums
payable by persons who preferred that form of Bonus.
The Divisions of Profit take place every Five Years.
Any sum not exceeding £15,000 may be insured on one
Life.

This Corporation affords to the Asrured
Liberal participation in Profits, with the guarantee
of a large invested Capital Stock, and exemption
under Royal Charter from the liabilities of part-
nership.
The advantages of modern practice, with the secu-
rity of an Office whose resources have been tested
by the experience of nearly a CENTURY AND A
HALF.

ROYAL EXCHANGE, LONDON.
ROBERT P. STEELE. Secretary.

LONDON FEVER HOSPITAL is the only
institution in the Metropolis for tho treatment and
prevention of contagious fevers.

CONTRIBUTIONS will ITo gratefully received by
Messrs. Dimsdale and Co., 50, Cornhill ; Messrs. Drum-
mond, Charing-cross ; Messrs. Coutts, Strand ; Messrs.
Hoare, Fleet-street ; and by the Secretary, at the Hospital,
Liverpool-road, Islington, N.

14-ISTABLISHMENT for GENTLEWOMEN
during TEMPORARY ILLNESS.
The relatives of Clergymen, Naval, Military, and Pro-
fessional Men, Governesses, and Artists may, for a small
weekly payment, receive the comforts of a HOME, com-
bined with the best medical and surgical treatment, at the
establishment, 90, Upper Harley-street.
This establishment, which was opened is 1850, is patro-
nised by her Majesty. The Bishop of London is Visitor,
and it is managed by the Marchioness of Ormonde, the
Lady Laura Palmer, Mrs. Edward Romilly, the Lady
Caroline Russell, Mrs. Cecil Russell, and °that ladies.
All information respecting it may be obtained on writ-
ten or personal application to the Lady Superintendent.
Subscriptions received at the Institution, and by the
Treasurer, at Messrs. Courts and Co.'s, 59, Strand.
W. C SPRING RI(3141 Hon. Sec.

ROYAL FREE HOSPITAL, Gray'd-inia-road,
in the immediate vicinity of the Groat Northern
Railway Terminus, King's Cross.

Patron—tier Most Gracious MAJESTY the QUEEN.
Vice-Patron—
His Royal Highness the Prince of WALES, K.G.

President—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 :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
b.nevolent, as the promises of this hospital are capable of
containing several hundred more beds had the Committee
the requisite funds to maintain them.
Contrilv_tions aro received by their bankers, Messrs.
Brown, Hansom, and Co., Abchurch-lano; also by Messrs.
Coutts and Co.; Drummond and Co.; Glyn and Co.;
Ferries and Co.; Ransom and Co. ; Prescott, Grote, and
Co.; Smith, Payer, and Co.; Barclay and Co.; Williams,
Deacon, and Co.; Nisbet and Co.,;Bornere-etreet and at
the &Rita from 10 till. b.