Daily Republican., 1890-05-03
raE rRuDENrIALs
Handsome New Onsee-Rapld Growth
and Prosperity Of tlzs Company's Busi. /.
ness I'm This Cfty-Its Standing and

and Prosperity Of tlss Company's Busl .
nsss in This Cfty--I.s Standing and
Prospects.
Since the Prudential started business
In this city IL office has been located at
the corner Of Seventh aud Market
streets, In the Exchange Building. Its
rooms we're thought TO bo ample and
convenient enough for long time, but
the rapid increase In the company q
business tho past two ysars has oom.
PEELED them 70 seek a larger place to
accommodate their own force and their
patrons.
Tho place selected BY the compauy's
superintendent, Benz. +. specht, Esq.
Of tbs city, 10 the second floor Of No. 1i4
Market street, Hawkins q Co.'S build.
ing, formerly occupied by the Mercantile
Printing Company, an excellent place
and centrally located. To say that Mr..
Specht has displayed good taste and
judgment In fitting up aud furnishing
the new office 10 stAbing It very mildly.
| On ascending The, short stairway on
Market street and Standing IN the vestl.
bule. tho visitor faces the finely finished
walnut doors, marked respectively for
the different ofiicss within. After pass
Ing through the waiting room and en- tor
Ing the superintendent's office, tho frat
door on the right, We we're shown q
handsomely furnished room with all the
axtures and convsniences regulate TO en-
tertain those who called to see him on
business or for q social chat after the
du'ies OF the day wer0 over. We were
then escorted through the different
apartments. The first. aud adjoining
the superIntendents Office, 10 the oash-
)ler's. Here is kept the safe and the
compsuy's supplies. The supplies are
lfsced In series Of neatly arranged
walnut drawers, 50 that in q momep,
any piece wanted can be found. This
Office IL IN charge Of genial and compe.
tent cashier.
In the next room to the left, which ID
the agents room, were several busily on.
gagged n making out aud settling their
weekly accounts, talking over the ex.
psriences and incidents OF the day, all
smiling aud cheerful. This room is fur
nished with several long tables and
chairs. On the tables sre spread the
supplies Ind wr ting material for their
uso. The next apartment, which waa
used by the five aasistaut superinten-
dents, two Of whom at that moment
were engaged over the books and poll
cies OF claimants who had Just come In to
receive the checks the company gives out
when death occurs. The others we're in-
structing some new men In their duties,
Just starting out to collect and canvass.
This room 10 finely furnished with six
polished oak desks, made in Chicago sx-
pressly for tho superintendent.
The walls AMI c4iling.. of the different
rooms are neatly papsred and bordered !;
tho UNnN N Il In oha pA a,
the whole carefully selected with . view
to afford as much light as possible, as
well - to give . pleasing and cheerful
tone to the whole ofiics.
On returning to the superiniendent's
ONCE on our way out We asked him
about the company's standing and busi-
ness here In Wilmington. Waiting until
he had directed Q lady to one OF the
assistants In relation 10 her policies and
books, he said. "The Prudential has
great number Of policies In force In this
city aud State. We have Q large num-
bsr OF agents and five assistant superln-
tsndents, with q constantly increasing
business as time advances"
Gan every body Insure In this com.
pany," we inquired, 1--WE take any
person." he said, "of sound health, male
or female, from ono to 20 years OF age
OF i've cents and upwards. The death
claims are paid promptly, usually within
twenty -four to forty-eisht hours after It
occurs, afiordiDg reliet when most
needed" "What class Of people-ths
mechanics and lsboring men and their
families mostly, or are they tho busi-
noes ineu that hold the greater number
OF tho policlesi" Gan classes" he 70.
piled, Ensure In the Prudential. It is
the pioneer In Industrial insurance In
this country and sll arc treated alike,
providing they pay their premiums.
The company's business and assets, be
said, had been increasing rapidly since
Its Incorporation fourteen years ago,
until on the frat day Of January last
they were nearly four million dollars.
with . surplus TO policy holders OF
nearly one aud . half milion."
1t has paid 10 death claims over nve
million dollars ard Is now doing busl-
ness in fourteen states OF the Union.
Hardly day passes, said he. that We
do not a. this office adjust one or more
claims, aud the people daily SEQ more
and more Of the benefit derived from
holding large or small policy In the
hour OF Bereavement when assistance
and protection 10 needed without delay.
The future for tho Prudential hero aud
elsewhere is very bright indeed.
Orl,sr Banks Suspend.
PHILADELPHIA, May yS.-Followlng tho
crash Of the Bank Of America on Tues.
day, and the Gloucester City National
Bank on Thursday, came the suspension
OF the Fidelity Surety, Trust and Sale
Deposit Company Of Camden, and the
Merchants' Bank of Atlantic City, with |
its branches yesterday. Charles l.. Work,
president of tho Gioucester City Bank,
was also president Of the Fidelity Surety |
aud Trust Company. 1t was forced to |
close It's doors owing to Its supposed con-
ucction with the dloucester Bank and |
tho Bank OF America.
A run WAS started on the Merchants
Bank, of Atlantic City, and its Elmer,
Egg Harbor, Pleasantvills and Port |
Morris branches, BY the Impression that
10 was part Of the Work system, and
they all closed their doors during the
day. 1t SCENE that the Merchants has
not boon connected with the Work sys-
tenn for year except that the Bank of
America was Its correspondent in this
city.
The failure Of these institutions coca
stoned no Hurry on the street. The
opinion In financial circles WAS that no
other institutions would be affected
George F. Work, the bacser of the
Bank OF America. has proposed plan OF
resumptian which confem plates the ac-
ccptancc by the depositors OF 10 per cent.
cash, aud hota for six months Tor the
othei W per cent. o. their deposits. lie
I.Nu ITn q ak.t l.