The Sun.
London, England, 1869-05-26 00:00:00

EAGLE INSURANCE COMPANY,
LONDON.
Report of the Directors for the year ending the 30th
Juno, 1868, read at the Annual General Meeting of
Proprietors, August 14, 1868—Colonel CHARLES
WETHERALL, K.C.T., Chairman of the Company, in
the ("hair.
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
bonus—that is to say, with the debit of £772,740 13s. 9d.

SURPLUS FUND ACCOUNT, 30TH JUFE, 1868.
DR. INCOME OP TRH YEAR.
Balance of account, 30th
June, 1867, .4031,514 13 0
Less amount distributed
as bonus 208,774 0 0
772,740 13 9

Premiums on now assur-
ances
Ditto on old ditto 366,215 7 3

£380,811 8

Interest from invest-
ments 117,584 7

£498,395 15 11
Profit and loss, balance
of account 46,070 13 3
Total income 544,466 9 2

£1,317:207 2 11

Cu. CHARGE OF THE YEAR. .
Dividend to proprietors
Ole;-neon 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, now
Ditto, old 50,365 0 8
,--.—...

X 370,618 5 3
Commission 11,702 15 0
Medical fees
2
Income tax .............. ,215 4 7
Expenses of ma ge-
ment ...... .
400,777 9 5

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

X 1,317,207 2 11
MAS ALLEN,} Auditors.
Examined and approHTlNcy
ROSE,
-

The total income of the year, it will be soon, is £544,466
9s. 2d., and the total outgo £lO
£19,651
31.811 14s. sd. ; he
t differaises
-
rence, or the sum laid by- viz., . 14s. 9d.—
the fund again to £907,552 Bs. 6d.
The interest received during the year is £117,584 7s.
3d., arisin from the productive portion of the realised
assets of £2,897,107, mentioned in the last year's repott.
The whole assets, productive and unproductive, may there-1
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 extranteous sources, be in-
cluded, at upwards of £5 12s. per cen.
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.
ppears
A considerable reduction, too, a in the amount
of premiums paid for re-assurance, many of the risks
re
The 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 oi
per cent. on the total income.
The balance-sheet is as follows :

Dn. LIABILITIES.
£6,977 13 3
Interest due to proprietors
Claims on decease of lives assured, and
additions thereto unpaid 61,530 4 5
Sundry accounts
Liability under sums assured, /cc. (1867) 6,369469 11 7
Proprietors' fund
Surplus fund as before 907,552 8 6

, ........ 17,565,198 1 3

Total..
Cu. ASSETS.
7
•Amount invested in fixed image
Ditto ditto decreasing ditto
Ditto ditto reversions 347,136 5 5
Ditto ditto funded securities 479,932 13 3
Ditto ditto temporary securities
Current interest on the above invest-
•
ments 36,243 7 6
Cash and bills mortgages £1,460,772 2
22,604 2 9
Advanced on security of tho company's
policies....
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
Examined and approved.
THOMAS ALLEN,' Auditors.
HENRY ROSE,
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 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 congatituted as
follows :
The Right Hon. Sir JOHN YOUNG, Bart., K. 0.8. Chair-
man.
WILLIAM FREDERICK DE LA RUE 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. Grayl Esq. Thos. Godfrey Sambrook°,
Wm. Augustus Guy M.D., Es 3.
rata. • Admiral

BRITISH HOME for INCURABLES, Clap-
ham-rise, instituted in 1861.
Patroness—ll.R.ll. the Princess of WALES.
This Institution provides a home for life, with good
nursing and skilled medical attendance, for
porscns over
20 years of age and above the pauper class, who aro hope-
lessly afflicted with incurable disease.
Pensions of £2O per annum are also granted
The Home Was opened in September 1863 ; 71 in-
patients and 106 annuitants have been elected. Elections
in May and November. Forms of application may be ob-
tained from the Secretary.
ANNUAL SUBSCRIPTIONS and DONATIONS aro
earnestly solicited.
Bankers—Messrs. Barclay, Bevan, and Co., 54, Lombard-
street, E.C. ; Messrs. Drummond, Charing-cross, S.W.
ED WD, wE4yERI Sec.
'1- Offices, 73, Cheapside, E.C.

'LIFEBOAT SERVICES.—During the Storms
XI of the year 1868, the National Lifeboat Institution
contributed t; the saving of 862 lives from various ship-
wrecks and 25 vessels from destruction. The institution
also expended 00,433 in the same Period on its Lifeboat
Establishments, in addition to granting 42.431 for re-
wards,
The Committee of the institution earnestly appeal to tho
public for assistanceto enable them to meet the continued
heavy demands on their 198 Lifeboat Establishments.
Contributions will be thankfully received by the London
end country bankers, and by the Secretary, Richard Lewis.
Esq., at the `xtstitution, 11, John-street Adelphi, London.

THE RESCUE SOCIETY'S HOMES
are as follows:
For Fallen Women.
28, Church row, Ramp- 150, New Bent-road.
stead. 48
Church-street, Stoke Newington.
town. Camden-street, Camden- Newington.
town. Maize-hill Cottage, Green-
-205, Great Portland• street. wich.
For Young Girls in Danger.
27, Church row, Tr
.-ampstead.
9, Henstridge-villas, St. John s-wood.
St. Mary's Lodge, Buckhurst-hill.
Country Rome—St. James's-street, Dover.
Temporary 110 Mo-85, Queen-street, Cheapsido
ree
In addition to the above-namedhades for servants of good
heroes, the Committee
which are admitted about 1,000 friendless
have under their charge 0
character, in
servants annually.
The home at Great Portland-street is for young fallen
girls from 10 to 16. Tbo committee ale deeply anxious to
open another house for this pitiable class.
The Society admitted to its homes last year 687 young
women and girls. It Was compelled to refuse 524 appli-
cants, whose histories are recorded in the applicant's book.
The Society's
(of which a contributor writes, "1
Report
never read a report of any charitable institution which so
entirely commended itself to my mind and awoke my
sympathy") may be had on application.
The Society is under the presidency of the Earl of
Shaftesbury. Its ban are Messrs. Barclay and Co.
The Committee very earnestly commend its work to the
benevolent. DANL. COOPER, seo.
lif. glowia-street OM**