The Sun.
London, England, 1868-12-03 00:00:00

400,777 9 5

Total charge
Balance of accouut, 30th June, 1868 907,552 8 6

£1,317,207 2 11
Examined and approved.
HTHENOMRYASROASLEL,EN,} Auditors.
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 £5 12s. 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 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 :
Dn. 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, &c. (1867) 6,869,469 11 7
Proprietors' fund
Surplus fund as before 907,552 8 6

Total X 7,565,198 1 3
OR. ASSETS.
Amount invested in fixed mortgages X 1,460,772 2 7
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
Cash and bills
Advanced on security of the company's
policies 159,503 14 9
Agents balances
Sundry accounts
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
Xll,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-
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, Beci.
D.C.L. George Russell, Esq.
Robert A. Gray, Esq. Thos. Godfrey Sambrook°,
Wm. Augustus Guy, M.D., Esq.
P.R.S. Admiral Tindal.

ORITISH ORPHAN ASYLUM,
Mackenzie-park, Slough (formerly at Clapham-rise).
Instituted 1827.
Patron—Her Most Gracious Majesty the QUEEN.
For the gratuitous board, clothing, and education of
destitute orphans from all parts of the British dominions,
and of all denominations, whose parents wero 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
Enstitution, 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.
RMIACCE,KMENAZIIISoenc.reStaereys..
A U BARLEFYR CE.DP
Offices, 73, Cheapside, London, E.O.
Bankerip—Messrs. Williams, Deacon, and Co., Birchin-
lane ; and Messrs. Heywood, Brothers, Manchester.