We have received from Messrs, Ward, Probst & Ca., the agents here, a copy of the Liverpool "Journal of Commerce" of the oth ult, witha report of the annual meeting on the 14th ult. of the Royal Insurance Ca., and a leading article thereon. The accounts of the company for 1903 show that the not premia in the fire department were £2,848,341, and the not losses £1,386,883.
d h i 8 £484,479, surplus on the year's transactions was £471,295, and the company's funds at the and of the year amounted to £12,666,666, an increase of £681,657 for the year.
Wo have also received from the agents here, Messrs. Fearon, Daniel & Ca., the report for 1903 of the Norwich Union Fire Insurance Society, with a report of the annual meeting held at Norwich on the 7th ult. The net premia received during the year were £1,140,351, and the net losses £586,347. There was a credit balance at profit and loss of £341,981, and the total assets at the end of the year wore £1,547,838, The report of the Sun Insurance Office, which has been sent us by the manager here, Mr. W. D. Graham, shows net premia received amounting to £1,222,666, and losses, paid and" outstanding, £622,027. The credit balance at profit and loss was £349,859, and the total assets at the end of the year were £2,730,489. The following extract from Mr. Graham's covering letter is of general interest. He "The vicissitudes of fire insurance business are clearly indicated, however, inasmuch as that From the enemy's entrenchments there tionally good year, 1904 is already sad-horst forth a fire of formidable shells, died with the enormous conflagration of hewing the air, filling it with noise, and Baltimore, Rochester, and Toronto, in throwing up the yellow sand about 100 metres in front of our artillery, which did which all the English companies have not fail to answer. It is not easy to met with very heavy losses. In the describe the horrible and woeful scene. Baltimore fire the Sun loses £100,000 Reising my head I made out about a bathilion net, but the funds of the company are now of Japanese infantry concentrating like ants 80 strong that even this heavy loss has on the back of @ hill about 2,000 metres not affected the selling price of the shares from the position of the artillery on the appreciably. flank. Two other battalions were stationed to the right of Hslaochinshan and seemed to be waiting for orders.
Text read from the printed page and cleaned; old type leaves the occasional error.