Perth Amboy evening news., 1911-03-21
The P~RUDENTlAL'S
REMARKABLE REPORT
Wonderful Rise Of New Jerseys
Great Life Insurance Company
from Small Beginnings.

Since its organization The Prudential has
eald out to policyhoiders or has invested fcx
Gheir security and now holds for them At inter-
sdshs miiiion dollars.
From assets OF one hundred and sixty
eight thousand dollars thirty years age 20 Two
hundred and twenty~seven million oolla<s a"
insurance IN force in 1880 Of seven min,on
dollars now grown TO almost two bitlion dolaars'
FROM q Company which, paid 20 policy
holders In 1880 Gfty-seven thousand dollars,
considered = large amount In those day., to-
pa1sRsnxx psysaE oYtria : single year over
4n}Ea ars spna IBAlmost incompre..
horable features she. : IN tho afHHaArepog
Or President john +. DRYDEN lust issued 70
Insurance Company. the Company wnicn
thtrty-dvo years ago started under the moss
Obscure and humble conditions 10 . smai oase-
This II . remarkable report, snd while "
impossible here 70 give more than 9
" should be read In tuii " every Ins a ~ II
does, not only what . vast work OF deyeioR-
ment and conservation must pc going on N
t ths h Sogesng influence sns so " Tn soch ha an instisntion
must be felt throughout the country witn sne
great masses Of the population.
What character OF business system. anu
executive sAsii muss nave been empioyed " .ns
conduct OF the Company's affairs Is well lndi-
Gated by some OF these figures. During IVY
over four hundred and sixty-two milhon COL
lars Of new Insurance was v~ritten--three, hum
drod and twenty-four millions Of this beins
Industrial and over one hundred and thirty
Two h,-dred thousand Individual policies boz
ixg tasucd In these transactions
The insurance In force 10 the Company was
increased to the immense sum OF one piiiion
eight hundred and nfty-one million dollars, an
increase Of over one hundred and sixsy-nxm NIL
lion for the year. -
policies are now IN force in The Prudential,
about SIX hundred and eleven thousxnd "
these being. Ordinary policies and the rest OF
PoIicyholders who may through necessity
ispse their policies are protected.
During 1910 the Compan Issued tDouo
5000 paid-up Industrial policies, and In over
ten thousand cases relief from payment OF
Industrial premiums was granted TO policy
esi.o 9 fully paid-up Industrial policies are
a tion e e rSafs he der sucssdinss fffseess million
sssGinsa aD 3 ssr Ealss tn na 1assnst q p sso liBaral IT.
OF The modern Industrial life insurance COM
X addition TO this. cash values were paid
during tie year on 10000 Industrial policies.
Financial Figures.
The total income of the Company during
1910 exceeded seventy-four million dollars, an
Increase OF seven million dollars over the
previous year. Out OF this income, IN ac-
tordance with The law, . proper amount mas
been set aside for the future profession of
policy contracts and for dividends to poicy-
holders. w
Tue wear over twenty-four million dollars, OF
which eighteen million dollars represented
p~ayrnents on death claims: Emsssssgarg e ,au end low
bars vas paid in dividends TO policyholders, OF
which 81 ,458, I22. ~ went 10 Ordinary policy
s9oEs@ and 81. 6sS,2 Is.7O was paid to industrial
Isosicyholders insured prior TO January I ~.
These being the respective dates upon which the
oy Ths aIno ouIasi paid to p~oiicyhoiders. together
with the sum set aside to their credit at In
serest-ulore than forty-eight million dollars
vas tha largest tn the history OF the company
Assets aud Liabilities
At the end Of last year che Conpsny's assets
s rs5 o.e xs, W.. 90 Decenabes 81. 1900. The
liabilities at the end of 1910 amount 20 sos.
R2a,Oii.el. or that sum the most important
item Vas the reserve. calculated aS Sl1ssibsl-
1g7. The resservs represents the amount which
the law requires to be held In trust for the
carrying out to maturity Of all the Company,,s
kGssfialIties IS an item 81 sos. $40, $40. ss. That
b the amount appcrtioned TO participating
policies. u Ia IRON this apportionmens that
boticy dividends ars hesng paid. and VIII be
paiu LII Dne future Jill all these contracts nave
been fulfilled. After setting aside this money
% the credit Of participating ~policyholdersI
6Ex Companyfs surplus including its capital
Ftoek, vas Sis, $40. 090.y2.
Among the Conspany'E assets as set forth
m lis financial exhibit i an ZEN s.lowsns Ina ssshs
2t4 kSE& I'VE Az AtNtNN 9 !.
Company has $40. $50. 100 Ia bonds and mort
xaees, and 1T thesr market value, last Decem-
bar. che railroad bonds that IL owns were
worth SSS. AO4 800. It's State. county and
munselnal and miscellaneous bonds had on
December last = market value OF S3l,S59.s5i.
There nre many OF or very interesting Items
e s-4.s sSs.5se -ass- e@a sSp~y sA- 1S-NAl5.
Anaoag these are statements as 20 the amount
ct fasslraasce In foFes and the claigas paid Ia
various Htntes. and 5 most valuable report upon
che mortality In the Ordinsry department.
xhcss1ng the causes OF deaths OF po1cyhoiders
&t various ages. There are also references 20
ghe endorsement Of the Company and ia
93a4aods made by tho etete Department OF
Banking And insurance, including an allow
afaee of assats Of Oyer 81. o 600 more than enc
EoAnDany,s own Yaiustlous at the end Of 1909.
Yfsase Is also q liable Of comparisons showing
remarkable gEosstn Or the Company ~ vaszeus
MvNxysar pezG0d3 during Ehs isRs thirty years.
1ne rsroEs Esosss y rs1erence g ing usai-
$Mlnas 1aAscg q Tbs YTfe4s1taal Is 80 ka@ eea.
se@r@E1# al kh@ 4~szseE1&fs aF n~O}scyhol&as@ an4
stsgSe&sfsA 90 4Aesa ~ 70 ezss mannss ~ wasra
ss1e4 esd MaszxsAEsy aid II slse CONSERVATISM
6x asaakr SsAap@RMMra wssA Sh@ LIS snSgz@aSs
HssNap4AE@ III eisg2r ONpOHiEzsfa 20 @Esxs%n4aaNa
ESQ kaTasMtaAsh @&zNEeons
s~~