The Sun.
London, England, 1868-12-09 00:00:00

117,584 7 3

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

Ca. CHARGE OF THE YEAR
Dividend to proprietors

Claims on decease of lives
assnred £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

544,466 9 2

£1,317,207 2 11

£8,877 5 0

----______
Total cbargn .....
Balance of account, 30th June, 1868 907,552 8 6

Examined and approved. £1,317,207 2 11
THOMAS ALLEN,)
Auditors.
HENRY ROSE,
The total inconte 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.
Tho 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 £5 12s. per cent.
The premiums on now assurances are £14,596 is. 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 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 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
Sundry accounts
Liability under sums assured, &c. (1867) 6,369,469 11 7
Proprietors' fund
Surplus fund as before 907,552 8 6

£6,977 13 3

Total
X 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
Ditto ditto temporary securities
Current interest on the above invest-
ments
Cash and bills
Advanced on security of the company's
policies
159,503 14 9
Agents' balances
27,112 9 6
Sundry accounts
112,460 15 0
Value of premiums (1867)
Value of re-assurances 86,860 13 9

36,243 7 6
22,604 2 9

Total
£7,565,198 1 3
Examined and approved.
THOMAS A LLEN,} 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
3s. 3d.
The direction of the company is now constituted as
follows :
The Right Hon. Sir JOHN YOUNG, Bart., K.C.8., Chair-
man.
WILLIAM FREDERICK DE LA RUE, Esq., Deputy-
Chai
Charles Bischoff, Esq. Chas. Thos. Holcombe, E
Thomas Boddington, Esq. Joshua Lockwood, Esq. sq.
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 Sambrook°,
Wm. Augustus Guy, M.D., Esq.
F.R.S. Admiral Tindal.

I.IIRITISII ORPHAN ASYLUM,
Mackenzie-park, Slough (formerly at Clapham-rise).
Instituted 1827.
Patron—Her Most Gracious Majesty the QUEEN.
For the gratuitous beard, clothing, and education of
destitute orphans from all parts of the British dominions,
and of all denominations, whose parents were once in
prosperous circumstances.
One hundred and seventy-five orphans now in the In-
stitution ; ample room for about 30 more.
Increased support indispensable, as this Charity is not
endowed, and is in the greatest need of further pecuniary
assistance.
Subscribers and the public are invited to inspect the
Institution, and judge as to the nature of the Charity and
its peculiar claims.
The last Report can bo obtained on application to the
Secretary.

THOS. TILSON, Chairman.
CHAS. LEE, M.A. Hon. Secs.
M.A.,
Secretary.
A II BARLEFYR 0E .D PRICE,3i 0
Offices, 73, Cheapsido, London, E.O.
Bankers—Messrs. Williams, Deacon, and Co., Birchin-
lane ; and Mom. Heywood, livthero, Divaachepter.i