The Sun.
London, England, 1869-04-16 00:00:00

A.D. 1720.

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

OCTAVIUS WIGRAM, Esq Governor.
JAMES STEWART lIIDOSON, Esq Sub-Governor.
CHARLES Jolor MASSING, Esq Deputy-Governor.

DIRECTORS.
Robert Barclay, Esq. William Tetlow Hibbort,
John Garratt Cattley, Esq. Esq.
Mark Currie Close, Esq. Wilmot HoMind, Esq.
Edward James Daniell, Esq. Egerton Hubbard, Esq.
William Davidson, Esq. Nevile Lubbock, Esq.
Lancelot William Dent, Esq. George Forbes Malcolmson,
Alexander Druce, Esq. Esq.
Fredk. Joseph Edlmann, Esq. Lord J osceline Wm. Percy.
Charles Hermann Goschen, Charles Robinson, Esq.
Esq. Samuel Leo Schuster, Esq.
Riversdalo Wm. Grenfell, Eric Carrington Smith, Esq.
Es. Joeph Somes, Esq.
Francis Alex. Hamilton, Esq. William Wallace, Esq.
Robert Amadeus Heath, Esq. Charles Baring Young, Esq.
Medical Referee, Samuel Solly, Esq., FIR.S.
N

. OTICE.—The usual fifteen days allowed for payment
of FIRE PREMIUMS falling due at Lady Day will expire
on the 9th of April.
FIRE and LIFE ASSURANCES may be effected on
advantageous terms.
The Duty on Fire Assurances has been reduced to the
uniform rate of ls. 6d. per cent. per annum.
No charge is made by this Corporation for Fire Policy
or Stamp, however small the Assurance may be.
Fit .7MING STOCK.— No Extra. Charge is made for the
use of Steam Thrashing Machine. 3.
Any sum not expeeding £15,000 may ha insured on one
Life.
This Corporation affords to the Asi-ured
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 as Office whose resources have been tested
by the experience of nearly a CENTUItY AND A
HALF.

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

THE RESCUE SOCIETY'S HOMES
11 sre as follows :
For Fallon Women.
28, Church-row, HamP" 150, New Bent-road.
stead. 48, Church-street, Stoke
13, Camden-atreet,Camden- Newington.
town. Maize-hill Cottage, Green-
-205, Great Portland. street. wich.
For Young Girls in. Danger.
27, Church-row, nampstead.
9, lionstridge-villas, St. John s-wood.
St. Marys Lodge, Buckhurst-hill.
Country Dome—St. James's-street, Dover.
Temporary llome-85, Queen-street, Cheapsido.
In addition to the above-named homes, the Committee
have under their charge three homes for servants of good
character, in which are admitted about 1,000 friendless
servants annually.
The home at Groat Portland-street is for young fallen
girls from 10 to 16. The committee are 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 Report (of which a contributor writes, "I
never road 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 bankers are Messrs. Barclay and Co.
The Committee wry earnestly commend its work to the
benevolent. DANL. CODPER, Sec.
Queen-street Obeapside.

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

.C1,317;207 2 11

CR. CHARGE OP THE YEAR
Dividend to proprietors
Cla;-ns on 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, new
Ditto, old 50,365 0 8

£370,618 5 3
Commission
Medical fees
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 approval
THOMAS ALLEN} Audifors.
HENRY ROSE,

The total income of the year, it will be seen, is £544,466
9s. 2d., and the total outgo £409,654 14s. sd. ; 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 £14,596 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 loss 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. 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, Ste. (1867) 6,369,469 11 7
Proprietors' fund
Surplus fund as before 907,552 8 6

£3,977 13 3

Total £7,565,198 1 3
Cu. 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
Current interest on the above invest-

36,243 7 6
22,604 2 9

ments
Cash and bills
Advanced on security of the company's
policies.....
Agents' baluicos
Sundry accounts
Value of premiums (1867) ..... 4,506,167 18 0
Value of re-assurances 86,860 13 9

Total £7,565,193 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 £3,039,030
3s. 3d. - _

The direction of tho 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, Esq.
Sir J.
...Buller East, Bart.,

Chas. Thos. Holcombe, Esq.
Joshua Lockwood, Esq.
James Murray, Esq.
Philip Rose, Esq.
George Russell, Esq.
Thos. Godfrey Sambrooke,
Esq.
A duairal Tindal.:

D.C.L.
Robert A. Graf! Esq.
Wm. Augustus Guy M.D.,
F.R.S.

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

Established 31st July, 1854.

This Institution exists for the cor.efort and relief of per-
sons (being above the pauper class) afflicted with incur-
able bodily disease.
Relief is afforded—let. 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 their
own homes.

A new wing to the Hospital ham lust been completed
at a cost of upwards of £lO,OOO, and FUNDS aro 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, donations, 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 greatest pleasure,
upon application to the Secretary, by whom contributions
will be thankfully received.
FREDERIC ANDREW, Secretary
No. 10 Poultry London, E.C. September 1868.