The Sun.
London, England, 1868-04-17 00:00:00

was paid upon the capital and bonus which had
been received, it, in , fact, amounted to nearly 10
per cont. The valuation which was now in pro-
gress for the declaration of another bonus would
extend down to December, 1867, and although he
could not tell them the exact amount of it,
yet, thanks to the exertions of Mr. Mes-
sent and Mr. Scratchley, their consulting
actuary, he was enabled to say that the
result would be very satisfactory, and one which he
felt would content all parties. (Hear, hear.) The
business transacted in the branch offices was also a
matter for congratulation ; the Scotch office had
sent up last year 700 policies, and with the energy
which he knew existed in that quarter, he felt cer-
tain it would be greatly exceeded when they
had to talk about the matter at their next meeting.
The building of the new offices at -Manchester was.
a good work, because they not only got their
offices rent free, but, by letting off that which they
did not require, they received a good per-
centage on the money invested. They had 28,000
policyholders, and he should very much like to see
that number doubled if possible. (Hear, hear, and

laughter.) He need hardly say how beneficial a
sensible increase of that number would be to the
society. He bagged to move the adoption of the
report.

The motion having been seconded by Dr. Tyler
Smith, it was carried unanimously.
The retiring directors, Mr. F. Webb (the chair-
man), Dr. Tyler Smith, and Mr. F. B. Jones, were
re-elected.

Mr. HOLLAND moved the re-election of the audi-
tors as they had invariably done the duty faithfully
and forthe advantage of the institution.
Mr. SMITH, of Dartford, seconded the motion,
which was carried unanimously.
A resolution adopting the'reCoMmendation of the
directors for the payment of a dividend at the rate
of 8 per cent., free of income tax, was carried unani-
mously.
A resolution was also carried thanking the direc-
tors for their exertions during the past year. It was
acknowledged by Dr. Sieveking on the part of his
colleagues. He said that the board was animated
by one desire, and that was to work their utmost
for the benefit of the Association.

Mr. MOFFATT, iu acknowledging a vote of thanks
to the Scottish board, said it was a very great plea-
sure to him that such success had attended their
efforts in that part of the United Kingdom.
Mr. A.:SCRATCULEY, in returning thanks for the.
complithentary vote to him as their consulting ac-
tuary, said he had very little to do, thanks to the
efforts of their actuary and secretary. It was quite
true that they had large assets and a large income,
but the meeting might feel quite certain that he
would never consent to their profits being frittered
away. If the amount of bonus he should have to
declare was not so large as the agents could wish,
they might rest quite satisfied that he had erred on
the side of safety.
The vote of thanks to the medical officers ill
town and country was acknowledged by Dr. Farre.
Mr. MESSENT, the actuary and secretary, re-
ceived a most cordial vote of thanks for his exer-
tions during the past year, and in acknowledging
which he paid a high compliment to Mr. Beaman,
and the other members of the staff for the energy
and praiseworthy manner in which they each ful-
filled the duties they were called upon to perform.
The meeting then terminated.

IMPOR7S AND EXPORTS OF THE UNI7EO
STATES FROM JULY 1 TO DECEMBER
31, 1867.

(From the Wall-street Journal.)

From the last monthly circular of the director of
,he Bureau of Statistics we are enabled to present
a statement of the imports and exports, for the
United States for the six months ending December
31, 1867, the first half of the current fiscal year.
It appears that during the months of November
and December the imports decreased very ma'
terially, while the exports increased in an equal pro-
portion. This turn in the current of trade has done
much towards reducing a large adverse balance 01
our trading account which had accumulated during
the four months ending October 31. The move-
ment for that period showed an adverse balance of
$23,281,000 in gold ; during the two succeeding
months, this balance, as will be seen from the Bub'
joined statement, has been reduced to $31,281,00;
The following statement shows the imports And
exports of the United States for the six monttig
ending December 31, 1867 :

IMPORTS.

1867.
July .. $34,390,776
August 34,501,295
September
October

25;71046
21,184,166
nS
Total six months

November •...
December

EXPORTS.
Domestic Produce (currency value
J uly
August 21,927,897
September 20,155,724
October 28,419,989
November 35,326,435
December 32,190,820

$164,847,576
Reduced to gold at the average price of 140 $117,743,0
Total
6,356,11
foreign merchandise, chiefly gold r•6l
values
Total foreign specie
Domestic specie.
July
August
September 3,468,331
October

November

2,06072

December