^{page 67 note *} In the Report of the Agriculturist Cattle Insurance Company for 1849, Mr. Riley the able Actuary who had been consulted, stated that from the average of the business for 4 months, July to October inclusive, which had been placed in his hands, he had formed the conclusion that the losses would be about 1¾ per cent, on the risks, or 50 per cent, on the premiums, and that from the accounts for six months longer, the average of the ten months had been found to be about 1½ per cent.