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ASCOT RACES.

DISGRACEFUL SHARE TRANSACTIONS.

r— ' -'im 1A SUCCESSFUL…

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râ im 1 A SUCCESSFUL INSURANCE COMPANY. I In these days of commercial panic it is something to I point to a really successful undertaking, wherd over speculation is not practised, bat, with a prudent re- I gard to the interests of shareholders, the money is safely invested andaremunerativedividend obtained, j Last week the 27«h annual general meeting of the I proprietors of the Ganeral Life and Fire Ingaranoe Company was held at their central office, 02, King William-street, London, and the report of the buainese done during the past year was highly satisfactory to the shareholders. Tha fire premiums of 1865, after deducting the sum paid for guarantee, were < £ 59,788 18s 7d. while the ¡ losses of the year amounted to = £ 51,148 14-3. 9d. The proportion of losses to premium was aocoutited large, but this was less than last year, and the directors are sanguine that fatare returns will be more favourable, The life premiams for tile past year, after. making a like diidaetion for guarantees, were .£38, 454s.1Od., while the claims admitted were 17,730. Six hundred and seventy-two new policies were issued, in 1865 assuring £ 190,965* and producing an annual income of X5,714 la. 9d. Both the amount assured and the premiums obtained exceed those of any previous year. The report further states that thb income of the company has continued steadily to increase, and has now reached XLI,0,824 4a. 8d.; while the assets, according to the auditor's report, were on the 31st December last, £ 313,007 12s. 8d. For this amount an average interest of £ 4 12s. percent. has been obtained, which might have been increased had not the directors had special regard to the security of their invqetmento. For the present year a dividend of 6 per cent, was declared upon all shares without deduction of in- oome-tax. The- chairman, in referring to the latter faqt, said, "Tile long continued dividend of 6 per cent. on the shares must be considered highly satisfactory, and the steady progress of the business must be most, gratify- ing to our all friends, notwithstanding that the fire losses amounted to the large sum of 451,000; If we can reduce the number of fires which occur, manv of I which happen through negligence, there will be larger profits. If there were generally moro care with lucifor matches, with gas, and on the part of smokers, there would be fA wer losses, and a larger margin for bonuses to shareholders." One of the shareholders said, at the recent meeting, in proposing a vote of thanks to the Board of Directors, "I, for one, am most pleased with the manner in which the business of the company has been conducted. Looking cat the fact of the extreme competition of the day, in both fire and life business, I conclude that the directors have done well. I know that some companies have secured more business; but as in the navy there are large ships and small ships, and both are alike useful in their way, so there are larger apd smaller offices, and both are alike useful. I look baek on the company's pro- gress with satisfaction, andone thing is especially grati- fying. I never heard, throughout the company's ex- tended career, a breath of suspicion as to the manner in which its business is conducted or its position. Living in the times we do, this to me seems highly gratifying. Itaink the course the directors have taken has been wise, and think the course they a,ra now taking for clearly developing the company's business is a wise course; This company, whose chief office is in ,King Williamt., street, London, has branches in Edinburgh, an chester, Birmingham, and Glasgow; and the saoeess it has met with, both in London and the provinces, is highly gratifying.

PRINCE ALFRED IN EDINBURGH.

A CASH FOR INQ UIRY.

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I GREAT DEBTS, UCTION OF PROPERTY…

SHOCKING MURDER AND SUICIDE…

¡ itrlitlAL PARLIAMENT. .

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DREADFUL FIRE- NEm EXETWR,

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TBE- WIGHT FOE TSB CHAMPIONSHIP.