The Sun.
London, England, 1869-04-14 00:00:00

ABSOLUTE SECURITY POLICIES, UN-
PoRFEITABLE, UNCONDITIONAL, and UN-
CHALLENGEABLM, issued by the PRUDENTIAL
ASSURANCE COMPANY, 62, Ludgate-bill, London,
E.(.3. Established 1848.
The Directors of this Company, in deference to an ob-
jection not unfrequently urged by persons invited to as-
sure, that the ordinary mode of Life Assurance is in their
opinion defective or uncertain, by reason of the operation
of the customary conditions, have resolved to promulgate
the present Tables, and to issue Assurances under them
which shall be absolutely Uuforfeitable, Unconditional,
and Unchallengeable.

For the reason referred to, many persons hesitate or
decline to assure on the ground that, in the event of in-
ability or unwillingness to Continue payment of their pre-
miums, the Assurance will become forfeited. To this
class of the public the system now introduced will espe-
cially commend itself, being entirely free from all condi-
tions of forfeiture on account of non-payment of premium,
or from any other cause whatever; while at the Fame
time it absolutely guarantees at decease, when even a de-
fault is made in payment of the premium, a fixed sum in
respect of every premium paid, bearing, the same propor-
tion to the total amount assured as the number of pre-
miums actually paid may bear to the whole number origi-
nally contracted to be paid.
Besides this important advantage, every policy will ex-
pressly state what sum can at any time be withdrawn on
the discontinuance of the assurance.
The assured will thus always have the option of retain-
ing either an ascertained fixed sum payable at decease,
or, in case of need, of withdrawing a certain amount, ac-
cording t the duration of the Policy, such amounts being
set forth on every Policy, and rendering unnecessary any
future reference to the Company on these points, as is the
case with ordinary assurances.
Creditors assuring the lives of debtors will appreciate
this feature as one greatly protective of their interests, and
it will likewise commend itself to bankers, capitalists, and
others who are in the habit of making advances collaterally
secured by Life Policies, as they can at any time learn, by
mere inspection, the exact value, either immediate or re-
versionary, of a Policy of this description.
Every Policy issued on this plan will be without any
conditions as to voyaging, foreign residence, or other usual
limitations. By this freedom from restrictions of all kinds
the objections before referred to will be entirely removed,
and the Policies will become at once positively valuable as
actual securities.
In addition to the foregoing statement of advantages,
the number of premiums is strictly defined. The longest
term provided for is twenty-five years, and the shortest
five years, as shown by the Tables. Thus, bankers, credi-
tors, and others holding policies of this class as security,
may always know the utmost amount they may be called
upon to advance so as to maintain the full benefit of the
Assurances—a matter of great importance where policies
are held as collateral security.
It is only necessary to add trig, as a consequence of the
policies under these tables being unforfeitable and uncon-
ditional, they will also be unchallengeable on any ground
whatever. They may therefore be aptly termed Absolute
Security Policies.
The PRUDENTIAL ASSURANCE COMPANY pos-
sesses an income of £215,000 a year. Its position is un•
questionable, and it obtains the largest amount of new
business of any office in the Kingdom. SPECIAL
AGENTS WANTED.
HENRY HARBEN, Secretary.

THE RESCUE SOCIETY'S HOMES
are as follows :
For Fallen Women.
28, Church-row, gawp- 150, New gent-road.
stead. 48, Church-street, Stoke
13, Camden-street,Camden- Newington.
town. Maize-hill Cottage, Green-
-205, Great Portland- street. wich.
For Young Girls in Danger.
27, Church-row, Hampstead.
9, llenstridge-villas, St. John s-wood.
St. Mary's Lodge, Buckhurst-hill.
Country Home—St. James's-street, Dover.
Temporary Home-85, Queen-street, Cheapside.
In addition to the above-named homes, the Committee
have under their charge three homes for servants of good
character, in which are admitted about 1,000 friendless
servants annually.
The home at Great Portland-street is for young fallen
girls from 10 to 16. The committee me deeply anxious to
open another house for this pitiable class.
Thb Society admitted to its homes last year 687 young
women and girls. It was compelled to refuse 524 appli-
cants, whose histories are recorded in the applicant's book.
The Society's Report (of which a contributor writes, "I
never read a report of any charitable institution which so
entiPtly commended itself to my mind and awoke my
sympathy") may be had on application.
The Society is under the presidency of the Earl of
Shaftesbury. Its hankers are Messrs. Barclay and Co.
The Committee very earnestly commend its work to the
benevolent. DANL. OODPER,. Sea.
Q;uo-Ntrett 0012614

£370,618 5 3
Commission
Medical fees
Income tax 2,215 4 7

Expenses of manage-
ment 15,489 8 5

40,777 9 5

Total chargn .
Balance of account, 30th June, 1868 907,552 8 6

£1,317,207 2 11
Examined and approv.(l
THOMAS ALLEN} Auditors.
lIENRY ROSE,

The total income of the year, it will be seen, is £544,466
98. 2d., and the total outgo £409,651 14s. sd. ; the diffe-
rence, or the sum laid by- - viz., £131.811 14s. 9d.—raises
the fund again to £907,552 Bs. 6d.
The interest received during the year is £117,584 7s.
Bd., 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
18s. 3d., derived from various extraneous sources, be in-
cluded, at upwards of £5 12s. per cent.
The premiums on new assurances are £14,595 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 5i
per cent. on the total income.
The balance-sheet is as follows :-

£6,977 13 3

Dn.
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

Total £7,565,198 1 3
OR. 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 479,932 13 3
Ditto ditto temporary securities
Current interest on the above invest-

36,243 7 6
22,604 2 9

ments
Cash and bills
Advanced on security of the company's
policies....• 159,503 14
Agents' bah Aces
Sundry accounts
Value of premiums (1867) ..... 4,506,167 18
Value of re-assurances 86,860 13

Total..

£7,565,198 1 3
Examined and approved.
THOMAS A LLEN,}
Auditors.
HENRY ROSE,

The present diespositionof 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.B. 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, Esq.
D.C.L. George Russell, Esq.
Robert A. Gray] Esq. Thos. Godfrey Sambrook°,
Wm. Augustus Guy M.D., Buck _
1r.1i.13.
ILWral Tindal.'
, ,

ROYAL HOSPITAL for INCURABLES,
West-bill Putney-heath.

Established'3lst July, 1854.
This Institution exists for the comfort and relief of per-
sons (being above the pauper class) afflicted with incur-
able bodily disease.
Relief is afforded-Ist. By supplying a home, with
medical attendance, nursing, and all requisites for the in-
valid.
2d. By granting an annuity or £2O to patients at their
own homes.
A new wing to the Hospital has just been completed
at a cost of upwards of .£lO,OOO, and FUNDS are urgently
NEEDED to liquidate the expenses incurred.
There are 120 inmates and 237 pensioners, all entirely
dependent upon voluntary subscriptions.
Nearly 300 approved applicants are awaiting election.
For the maintenance of present operations, for the ex-
tension of the benefits of the Charity, donations, and espe-
cially annual subscriptions, are earnestly solicited. Life
subscriptions, £5 ss. and upwards; annual subscriptions,
half a guinea and upwards, with votes in proportionure,
lea.
Information will be supplied, with the greatest ps
upon application to the Secretary, by whom contributions
will be thankfully received.
FREDERIC ANDREW, Secretary,
- 10, F9tatry. 1491149 Pi gooPtClaor 100