The Sun.
London, England, 1869-08-26 00:00:00

Profit and loss, balance of
account

47,991.13 1

Total income

£1,448,052 6 6
Examined and approved.
THOMAS ALLEN,}
Auditors.
HENRY ROSE,
CHARGE OF THE TEAR
t. £ P. d.

s. fl.
8,880 4 0

Dividend to proprietor 4
Claims on decease of lives
aseured
Additions to those under

305,614 3 6

participating policies 24,304 6 6
P.dicies surrendered
Re-ar•surances new
Ditto old 51,009 4 1

Commission
Afetlical foes

-,561 12 1
10,618 11 2
7GO 18 0

Inrometax

3,017 13 8

Expenses of management 16,238 9 10

Total charge
Balance of account, June 3U, 1869, as per
balance-sheet

1,002,97-1 13 9

21,418,052 6

Tho total of premiums received is £371,518 12s. Id., of
which sum .£13,50 ss. lii. is for now assurances effect©d
in this year.

The.interest from investments is £120,959 12s. 10d., or
£4 2s. per cent. on the net amount of the company's
realised assets existing in June, 1868 ; and in connection
with this important feature•of the company's affairs the
directors have the satisfaction of reporting that the profit
and lass account again exhibits a considerable profit,
amounting this year within a trifle to the sum of £48,000.
It may be remembered that a profit of nearly equal amount
was announced in last year's report.
Turning to the items constituting the charge of the
year, it will be noticed that the sum payable in satisfac-
tion of claims on decease of lives assured is larger than
usual. This circumstance, however, is not very material;
ns was observed oa a previous occasion, the proper quin-
quennial average is generally pretty sure to obtain, and
the fact that the average for the past two years barely ex-
ceeds £309,000 tends to confirm that statement.
The expenses of management. are greater by nearly
£BOO than they were last year. They would have been
materially less but for the unavoidable cost of transferring
the company's securities into the names of additional trus-
tees. Taken as they are, however, these expenses must
be regarded as very moderate: It will be observed that
they are only three per cent. of the total income.
BALANCE-SHEET, JUNE 30, 1869.
DR. LIABILITIES.
Interest due to proprietors
Claims on decease of lives assured, and
additions thereto unpaid 108,940 6 7
Sundry accounts
Liability under sums assured, &c. (1867) 6,336,626 8 2
Proprietors' fund
Surplus fund

£6,757 17 0

£7,675,813 0 10
Examined and approved.
THOMAS ALLEN,} Auditors.
HENRY ROSE,
Cx ASSETS.
Amount invested in fixed mortgages £1,661,699 9 2
Ditto ditto decreasing ditto 162,770 15 2
Ditto ditto Reversions 278,557 16 6
Ditto dial) Funded securities 491,303 4 2
Ditto ditto Temporary secu-
rities 198,207 17 0
Current interest on the a.boveinvestments 30,934 4 6
Cash and bills 12,256 15 10
Advanced on security of the company's
policies 165,387 1 8
Agents' balances
Sundry accounts
Value of premiums (1867)
Value of re-assurances 85,706 14 5

.£7,675,813 0 10

The balance-sheet doe 3 not appear to call for any re-
mark. The assets are, of course, increased by the sum of
£95,422 is. lid. already mentioned, as is shown by the
augmentation to that extent in the balance of the surphts
fund.

The Direction of the Company is now constituted as
follows :

WILLIAM FREDERICK DE LA RUE, EsQ., Chairman.
ROBERT ALEXANDER GRAY, Esc,., Deputy-Chairman
Charles Bischoff, Esq. James Murray, Esq.
Thomas Boddington, Esq. Philip Rose, Esq.
Charles Chatfield, Esq. Georgo Russell, Esq.
SirJ. Buller East, Bt., D.C.L. homas Godfrey Satubrooke,
Wm. Augustus Guy, M.D., Esq.
Admiral Tindal.
CharlesThos.Holcombo,Esq. Right Hon. Sir John Young,
Joshua Lockwood, Esq. Bart., K.C.B.

LONDON and COUNTY BANKING
COMPANY. _

Notice is hereby given, that a-DIVIDEND on tho
CAPITAL, of the Company, at the rate of Six per Cent.
for the half-year ending 30th Juno, 1869, with a BONUS
of Two and a Half per Cent., will be PAM to the Pro-
prietors, either at the Head Office, 21, Lombard-slroet, or
at any of the Company's Branch Banks, ou and after
MONDAY, the 16th inst.
By ord,4- of th- -Board,
W. AIeKI..:WAN, General Manager.
21, Lomb:trd-streut, Aug. 6, 1869.