<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
025 A000405 DELETE
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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070 J020600 N
070 K010600 N
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 Y
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 Y
070 P010600 N
070 P020600 N
<PAGE> PAGE 39
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 30157
071 B000600 28425
071 C000600 53180
071 D000600 53
072 A000600 6
072 B000600 1839
072 C000600 0
072 D000600 0
072 E000600 0
072 F000600 139
072 G000600 37
072 H000600 0
072 I000600 6
072 J000600 30
072 K000600 0
072 L000600 8
072 M000600 6
072 N000600 14
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 5
072 S000600 8
072 T000600 0
072 U000600 6
072 V000600 0
072 W000600 1
072 X000600 260
072 Y000600 65
072 Z000600 1644
072AA000600 863
072BB000600 310
072CC010600 0
072CC020600 1012
072DD010600 1644
072DD020600 0
072EE000600 0
073 A010600 0.2931
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 0
074 B000600 11549
074 C000600 0
074 D000600 53400
074 E000600 0
074 F000600 0
<PAGE> PAGE 40
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 0
074 L000600 740
074 M000600 25
074 N000600 65714
074 O000600 8346
074 P000600 17
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 25
074 S000600 0
074 T000600 57326
074 U010600 5781
074 U020600 0
074 V010600 9.92
074 V020600 0.00
074 W000600 0.0000
074 X000600 5
074 Y000600 0
075 A000600 0
075 B000600 55718
076 000600 0.00
008 A000701 PRUDENTIAL INSTITUTIONAL FUND MANAGEMENT,INC.
008 B000701 A
008 C000701 801-31104
008 D010701 MOOSIC
008 D020701 PA
008 D030701 18507
008 D040701 1796
008 A000702 THE PRUDENTIAL INVESTMENT CORPORATION
008 B000702 S
008 C000702 801-12484
008 D010702 NEWARK
008 D020702 NJ
008 D030702 07102
008 D040702 3777
015 A000701 STATE STREET BANK & TRUST COMPANY
015 B000701 C
015 C010701 NORTH QUINCY
015 C020701 MA
015 C030701 02171
015 E010701 X
015 A000702 CITIBANK, N.A.
015 B000702 S
015 C010702 -
015 D010702 ARGENTINA
<PAGE> PAGE 41
015 E040702 X
015 A000703 CITIBANK, N.A.
015 B000703 S
015 C010703 -
015 D010703 CHLIE
015 E040703 X
015 A000704 CEDEL
015 B000704 S
015 C010704 -
015 D010704 LUXEMBOURG
015 E040704 X
015 B000705 S
015 C010705 -
015 D010705 TRANSNATIONAL
015 E040705 X
015 A000706 EUROCLEAR
015 B000706 S
015 C010706 -
015 D010706 BELGIUM
015 E040706 X
015 A000707 BANK OF SEOUL
015 B000707 S
015 C010707 -
015 D010707 KOREA
015 E040707 X
025 A000701 DELETE
025 D000701 0
025 A000702 GOLDMAN SACHS GROUP, L.P.
025 B000702 13-5108880
025 C000702 D
025 D000702 2700
025 A000703 MORGAN STANLEY & CO., INC.
025 B000703 13-2655998
025 C000703 D
025 D000703 3000
025 A000704 LEHMAN BROTHERS, INC.
025 B000704 13-2518466
025 C000704 D
025 D000704 2400
025 A000705 DELETE
025 D000705 0
025 D000706 0
025 D000707 0
025 D000708 0
028 A010700 2841
028 A020700 265
028 A030700 0
028 A040700 2928
028 B010700 4019
028 B020700 259
028 B030700 0
<PAGE> PAGE 42
028 B040700 3812
028 C010700 3808
028 C020700 267
028 C030700 0
028 C040700 3934
028 D010700 3414
028 D020700 261
028 D030700 0
028 D040700 3821
028 E010700 4136
028 E020700 240
028 E030700 0
028 E040700 4044
028 F010700 4181
028 F020700 249
028 F030700 0
028 F040700 3525
028 G010700 22399
028 G020700 1541
028 G030700 0
028 G040700 22064
028 H000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.450
048 A010700 0
048 A020700 0.000
048 B010700 0
048 B020700 0.000
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 0
048 K020700 0.000
055 A000700 Y
055 B000700 N
056 000700 N
<PAGE> PAGE 43
057 000700 N
062 A000700 Y
062 B000700 0.0
062 C000700 0.7
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 39.7
062 J000700 0.0
062 K000700 0.0
062 L000700 59.8
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
063 A000700 48
063 B000700 0.0
064 A000700 N
066 A000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 Y
070 B010700 N
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 N
070 F020700 N
070 G010700 N
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 Y
070 K010700 N
070 K020700 N
070 L010700 Y
070 L020700 Y
<PAGE> PAGE 44
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 0
071 B000700 0
071 C000700 0
071 D000700 0
072 A000700 6
072 B000700 1716
072 C000700 0
072 D000700 0
072 E000700 0
072 F000700 132
072 G000700 39
072 H000700 0
072 I000700 7
072 J000700 29
072 K000700 0
072 L000700 7
072 M000700 6
072 N000700 11
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 4
072 S000700 8
072 T000700 0
072 U000700 7
072 V000700 0
072 W000700 1
072 X000700 251
072 Y000700 75
072 Z000700 1540
072AA000700 1
072BB000700 0
072CC010700 0
072CC020700 0
072DD010700 1541
072DD020700 0
072EE000700 0
073 A010700 0.0261
073 A020700 0.0000
<PAGE> PAGE 45
073 B000700 0.0000
073 C000700 0.0000
074 A000700 1
074 B000700 0
074 C000700 60050
074 D000700 0
074 E000700 0
074 F000700 0
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 0
074 K000700 0
074 L000700 470
074 M000700 23
074 N000700 60544
074 O000700 387
074 P000700 15
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 212
074 S000700 0
074 T000700 59930
074 U010700 5930
074 U020700 0
074 V010700 1.00
074 V020700 0.00
074 W000700 1.0000
074 X000700 5
074 Y000700 0
075 A000700 58739
075 B000700 0
076 000700 0.00
SIGNATURE EUGENE S. STARK
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
FINANCIAL DATA SCHEDULE
Name of Fund : The Prudential Institutional Fund: Active Balanced Fund
Series Name : The Prudential Institutional Fund: Active Balanced Fund
Series Name :
Series Name :
Series Name :
CIK Number : 0000887991
REPORTING PERIOD
FISCAL YEAR-END (Must have 3 blank spaces in SEP-30-1996
PERIOD END (Must have 3 blank spaces in fron SEP-30-1996
TYPE OF PERIOD (6-MOS or YEAR) YEAR
STATEMENT OF ASSETS AND LIABILITIES
Assets
Investment
At Value 152,915,923
At Cost 141,921,651
Receivable 5,088,949
Other Assets 21,258
Total Assets $158,026,130
Liabilities
Payable for Securities Purchased $4,175,455
Senior - Long term Debt 0
Other Liabilities 262,378
Total Liabilities $4,437,833
Net Assets ###########
Capital
Par Value 11,806
Paid in Capital 130,668,621
Accumulated Net Investment Income 3,302,693
Over Distribution 0
Accumulated Net Gains (Losses) 8,610,905
Over Distribution Gains (Losses) 0
Appreciation or (Depreciation) 10,994,272
Net Assets $153,588,297
Shares Outstanding - Current 11,806,338
Shares Outstanding - Prior 10,703,173
STATEMENT OF OPERATIONS
Net Investment Income
Income
Dividend 1,314,110
Interest 4,497,838
Other 0
Total Income 5,811,948
Expenses
Management Fees (Gross) 994,182
Interest Expenses 0
Other Expenses (Gross) 433,735
Less : Subsidy or waiver (7,656)
Total Expense (net of waivers and subsidi 1,420,261
Net Investment Income 4,391,687
Realized and Unrealized Gain (Loss)
Net realized gain (loss) 9,129,045
Net change in unrealized appreciation (deprecia (1,120,181)
Total 8,008,864
Net change from Operation 12,400,551
STATEMENT OF CHANGES IN NET ASSETS
Equalization 0
Dividend Income (3,972,955)
Distribution of Capital Gains (1,932,789)
Other Distributions 0
Proceeds from shares subscribed 36,454,403
Cost of shares reacquired (28,618,544)
Shares reinvested 5,905,744
Subtotal 7,835,859
Net Change in Net Assets 20,236,410
PRIOR FINANCIAL INFORMATION
Accumulated Net Investment Income 2,883,961
Accumulated Net Gains (Losses) 1,414,649
Overdistribution of Net Investment Income 0
Overdistribution of Net Gains 0
FINANCIAL HIGHLIGHTS
Class A Class B Class C Class Z
NAV (at the beginning of the perio 12.46 0.00 0.00 0.00
Investment Income per share 1.10 0.00 0.00 0.00
Capital Appreciation (Depreciation 0.00 0.00 0.00 0.00
Dividend per share (0.37) 0.00 0.00 0.00
Distribution per share (0.18) 0.00 0.00 0.00
Return of Capital per share 0.00 0.00 0.00 0.00
NAV (at the end of the period) 13.01 0.00 0.00 0.00
Average net assets (000) 142,026 0 0 0
Expense Ratio 1.00 0.00 0.00 0.00
Average Debt Outstanding (000) 0 0 0 0
Average Debt Outstanding per Share 0.00 0.00 0.00 0.00
/fdh:\FDS~~
/pf{?}~rCLASS_A~agq
/pf{?}~rCLASS_B~agq
/pf{?}~rCLASS_C~agq
{app1}pg~~
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000887991
<NAME> THE PRUDENTIAL INSTITUTIONAL FUND: STOCK INDEX FUND
<SERIES>
<NUMBER> 001
<NAME> THE PRUDENTIAL INSTITUTIONAL FUND: STOCK INDEX FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-END> MAR-31-1996
<INVESTMENTS-AT-COST> 148,305,364
<INVESTMENTS-AT-VALUE> 184,303,887
<RECEIVABLES> 1,354,154
<ASSETS-OTHER> 52,801
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 185,710,842
<PAYABLE-FOR-SECURITIES> 842,997
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 489,329
<TOTAL-LIABILITIES> 1,332,326
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 144,886,215
<SHARES-COMMON-STOCK> 11,480,178
<SHARES-COMMON-PRIOR> 7,168,801
<ACCUMULATED-NII-CURRENT> 2,125,171
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,352,382
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 36,014,748
<NET-ASSETS> 184,378,516
<DIVIDEND-INCOME> 3,154,570
<INTEREST-INCOME> 444,547
<OTHER-INCOME> 0
<EXPENSES-NET> 855,309
<NET-INVESTMENT-INCOME> 2,743,808
<REALIZED-GAINS-CURRENT> 1,791,564
<APPREC-INCREASE-CURRENT> 20,293,266
<NET-CHANGE-FROM-OPS> 24,828,638
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,181,628)
<DISTRIBUTIONS-OF-GAINS> (4,441,170)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 113,692,034
<NUMBER-OF-SHARES-REDEEMED> (56,086,722)
<SHARES-REINVESTED> 6,622,798
<NET-CHANGE-IN-ASSETS> 82,433,950
<ACCUMULATED-NII-PRIOR> 1,562,991
<ACCUMULATED-GAINS-PRIOR> 4,001,988
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 570,160
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 599,124
<AVERAGE-NET-ASSETS> 142,540,000
<PER-SHARE-NAV-BEGIN> 14.22
<PER-SHARE-NII> 2.69
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.28)
<PER-SHARE-DISTRIBUTIONS> (0.57)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 16.06
<EXPENSE-RATIO> 0.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
For the annual period ended (a)
September 30, 1996 File number (c)811-
6677
SUB-ITEM 77
0
EXHIBITS
Transactions Effected Pursuant
to Rule 10f-3 1. Name of Issuer
Lucent
2. Date
of
Purchase
4/3/96
3. Number of
Securities Purchased
4,200
4. Dollar Amount of
Purchase
$113,400
5. Price Per Unit
$27.00
6. Name(s) of Underwriter(s) or
Dealer(s)
From whom Purchased
Morgan Stanley, Goldman Sachs and
Merrill Lynch
7. Other Members of the Underwriting
Syndicate
Merrill Lync, Pierce, Fenner and Smith
Inc.
Lehman Brothers Inc.
Prudential Securities Incorporated
Montgomery Securities
Morgan Stanley & Co.
Schroeder Wertheim & Co.
CS First Boston Corporation
Donaldson, Lufkin & Jenrette Securities
Corporation Ragen MacKenzie Incorporated
Goldman Sachs & Co.
Smith Barney Inc.
Dean Witter Reynolds
Inc. Sanford C.
Bernstein & Co.,
Inc. Alex, Brown &
Sons Incorporated
A.G Edwards & Sons
Inc. Oppenheimer &
Co.
William Blair & Co.
Advest, Inc.
Dain Bosworth
Inc. EVEREN
Securities, Inc.
First Manhattan
Co. First of
Michigan Corp.
Furman Selz Inc.
Interstate/Johnson Lane
Corp. Edward D. Jones &
Co.
Legg Mason Wood Walker, Inc.
McDonald & Company
Securities, Inc. Piper
Jaffray
Rauscher Pierce
Refsnes, Inc. Wheat,
First Securities, Inc.
Bear, Sterns and
Company, Inc. Arnold $
S. Bleichroeder, Inc.
J.P. Morgan Securities
PaineWebber
Incorporated
Robert W. Baird & Co.
Incorporated M.R. Beal &
Company
J.C. Bradford and Company
Cowen and Co. Crowell, Weedon &
Co.
Deutsche Morgan Grenfell/C.J. Lawerence
Inc. Dillion, Reed & Co. Inc.
Fahnestock and Co.
Inc. Gabelli &
Company, Inc.
Gerard Klauer Mattison &
Co. LLC Gruntal And Co.
Inc.
Guzman and Co.
Hambrecht &
Quist LLC
Janney Montgomery Scott
Inc. WR Lazard, Laidlaw
& Luther Lazard Freres
& Co. LLC Needham & Co.
Inc.
Paribas Corp.
Parker/Hunter Inc.
Pryor, McClendon,
Counts & Co. Inc.
Raymond James &
Associates Inc.
Robertson, Stevens and
Company LLC The
Robertson-Humphrey
Company Inc. Salomon
Brothers Inc.
SBC Capital Markets
Scott &
Stringfellow
Inc. Muriel
Siebert $ Co.
Inc. Stifel,
Nicholas & Co.
Inc. Sutro &
Co. Inc.
UBS Securities
Wasserstein Parella
Securities, Inc.
International Underwriters
Goldman Sachs International
Merrill Lynch International Limited
ABN AMRO Bank N.V.
Banque Paribas
UBS Limited
Morgan Stanley & Co.
International Limited
Comerzebank Aktiengesellschaft
Credit Lyonnais
Securities Daiwa
Europe Limited
Robert Fleming & Co.
Limited Kleinwort Benson
Limited Swiss Bank
Corporation
Morgan Grenfell & Co.
Limited Bear Sterns
International Limited CS
First Boston Limited
JP Morgan Securities Ltd
PaineWebber
International UK LTD
Argentina Bolsa SVB
SA
Cazenove &
Co.
CIBC
Wood Gundy
plc
For the annual period ended (a) September 30, 1996
File number (c)811-6677
SUB-ITEM 77C
Submission of Matters to a Vote of Security Holders
A special Meeting of Shareholders was called for
September 6,
1996. At such meeting the shareholders approved the
following
proposal:
a) The Agreement and Plan of Reorganization and
Liquidation whereby all of the assets of
Prudential Institutional Fund -
Balanced Fund were transferred to Prudential Allocation
Fund Balanced Portfolio (the Portfolio) effective September
20, 1996 in exchange solely for Class Z shares of the
Portfolio and the Portfolio's assumption of the
liabilities, if any, of the Balanced Fund as set forth in
the proxy statement dated July 31, 1996:
For Against Abstain
5,925,653.3210 13,311.1545 47,021.6370
b) The Agreement and Plan of Reorganization and
Liquidation
whereby all of the assets of
Prudential Institutional Fund -
Growth Stock Fund were transferred to
Prudential Jennison Fund, Inc.
(Jennison Fund) effective September
20, 1996 in exchange solely for Class
Z shares of the Jennison Fund and the
Jennison Fund's assumption of the
liabilities, if any, of the Growth
Stock Fund as set forth in the proxy
statement dated July 31, 1996:
For Against Abstain
12,657,912.6044 23,910.3579 55,333.4694
c) The Agreement and Plan of
Reorganization and Liquidation
whereby all of the assets of
Prudential Institutional Fund Income
Fund were transferred to Prudential
Government Income Fund, Inc.
(Government Income Fund)effective
September 20, 1996 in exchange solely
for Class Z shares of the Government
Income Fund and the Government Income
Fund's assumption of the liabilities,
if any, of the Income Fund as set
forth in the proxy statement dated
July 31, 1996:
For Against Abstain
4,650,714.3939 99,967.6676 11,636.2147
d) The Agreement and Plan of Reorganization and
Liquidation
whereby all of the assets of
Prudential Institutional Fund
International Stock Fund were
transferred to Prudential World Fund,
Inc. - International Stock Series
(the Series)effective September 20,
1996 in exchange solely for Class Z
shares of the Series and the Series'
assumption of the liabilities, if
any, of the International Stock Fund
as set forth in the proxy statement
dated July 31, 1996:
For Against Abstain
8,342,241.3134 10,262.8670 31,219.5115
e) The Agreement and Plan of
Reorganization and Liquidation
whereby all of the assets of
Prudential Institutional Fund Money
Market Fund were transferred to
Prudential MoneyMart Assets, Inc.
(MoneyMart Assets)effective September
20, 1996 in exchange solely for Class
Z shares of MoneyMart Assets and
MoneyMart Assets' assumption of the
liabilities, if any, of the Money
Market Fund as set forth in the
proxy statement dated July 31,
1996:
For Against Abstain
48,720,904.5708 726.9300 140,282.990
In their discretion on any other
business which may properly come before
the meeting or any adjournment thereof.
For the annual period ended (a)
September 30, 1996 File number (c)811-
6677
SUB-ITEM 77
0
EXHIBITS
Transactions Effected Pursuant
to Rule 10f-3 1. Name of Issuer
Cincinnati Milacron
2. Date of Purchase
5/14/96
3. Number of
Securities Purchased
6,800
4. Dollar Amount of
Purchase
$166,600
5. Price Per Unit
$24.50
6. Name(s) of Underwriter(s)
or Dealer(s)
From whom Purchased
First Boston
7. Other Members of the Underwriting
Syndicate
Merrill Lync, Pierce, Fenner
and Smith Inc. Prudential
Securities Incorporated
CS First Boston
Corporation J.P.
Morgan
Securities
Stifel, Nicholas
& Co. Inc. BT
Securities
Barrington
Research Analyst
Alex Brown &
Sons
Credit
Lyonnai
s
Securit
ies AG
Edwards
and
Sons
Lazard
Freres
LLC
McDonal
d & Co.
Inc.
Schroed
er
Werthei
m & Co.
Inc.
For the annual period ended (a)
September 30, 1996 File number (c)811-
6677
SUB-ITEM 77
0
EXHIBITS
Transactions Effected Pursuant
to Rule 10f-3 1. Name of Issuer
Associates First Capital
2. Date of Purchase
5/7/96
3. Number of
Securities Purchased
2,500
4. Dollar Amount of
Purchase
$72,500
5. Price Per Unit
$29.00
6. Name(s) of Underwriter(s)
or Dealer(s)
From whom Purchased
Goldman Sachs
7. Other Members of the Underwriting Syndicate
Merrill Lync, Pierce, Fenner and Smith Inc.
Lehman Brothers Inc.
Prudential Securities Incorporated
Montgomery Securities
Morgan Stanley & Co.
CS First Boston Corporation
Donaldson, Lufkin & Jenrette Securities
Corporation Goldman Sachs & Co.
Smith Barney Inc.
Dean Witter Reynolds
Inc. Sanford C.
Bernstein & Co.,
Inc. Alex, Brown &
Sons Incorporated
A.G Edwards & Sons
Inc. Oppenheimer &
Co.
William Blair &
Co.
Advest, Inc.
Dain
Bosworth
Inc. EVEREN
Securities,
Inc. First
of Michigan
Corp. First
Southwest
Co. Furman
Selz Inc.
Edward D. Jones & Co.
Legg Mason Wood Walker,
Inc. McDonald & Company
Securities, Inc. Piper
Jaffray
Rauscher Pierce
Refsnes, Inc. Wheat,
First Securities, Inc.
Bear, Sterns and
Company, Inc. J.P.
Morgan Securities
PaineWebber
Incorporated
J.C. Bradford and Company
Deutsche Morgan
Grenfell/C.J. Lawerence
Inc. Gruntal And Co.
Inc.
Guzman and Co.
The Robertson-Humphrey
Company Inc. Salomon
Brothers Inc.
Scott & Stringfellow Inc.
Muriel Siebert $ Co. Inc. Stifel,
Nicholas & Co. Inc. Sutro & Co. Inc.
Wasserstein Parella Securities, Inc.
Chase Securites Securites Inc.
Citicorp Securities Inc.
Stephens Inc.
NatCity Investments
Samuel A. Ramirez
Roney & Co.
Utendahl Capital Partners LP
The Williams Capital Group LP
WORNSAR.DOC - Windows - 12/03/96
PRINT ON COMPAQ
The Board of Directors of
Prudential World Fund, Inc., International Stock
Series:
In planning and performing our audits of the
financial statements of Prudential World Fund,
Inc., International Stock Series ("Fund") for the
year ended September 30, 1996 and for the period
October 1, 1996 through October 31, 1996, we
considered its internal control structure,
including procedures for safeguarding securities,
in order to determine our auditing procedures for
the purpose of expressing our opinion on the
financial statements and to comply with the
requirements of Form N-SAR, not to provide
assurance on the internal control structure.
The management of the Fund is responsible for
establishing and maintaining an internal control
structure. In fulfilling this responsibility,
estimates and judgments by management are required
to assess the expected benefits and related costs
of internal control structure policies and
procedures. Two of the objectives of an internal
control structure are to provide management with
reasonable, but not absolute, assurance that
assets are safeguarded against loss from
unauthorized use or disposition and that
transactions are executed in accordance with
management's authorization and recorded properly
to permit preparation of financial statements in
conformity with generally accepted accounting
principles.
Because of inherent limitations in any internal
control structure, errors or irregularities may
occur and not be detected. Also, projection of
any evaluation of the structure to future periods
is subject to the risk that it may become
inadequate because of changes in conditions or
that the effectiveness of the design and operation
may deteriorate.
Our consideration of the internal control
structure would not necessarily disclose all
matters in the internal control structure that
might be material weaknesses under standards
established by the American Institute of Certified
Public Accountants. A material weakness is a
condition in which the design or operation of the
specific internal control structure elements does
not reduce to a relatively low level the risk that
errors or irregularities in amounts that would be
material in relation to the financial statements
being audited may occur and not be detected within
a timely period by employees in the normal course
of performing their assigned functions. However,
we noted no matters involving the internal control
structure, including procedures for safeguarding
securities, that we consider to be material
weaknesses as defined above as of September 30,
1996.
This report is intended solely for the information
and use of the Board of Directors, management and
the Securities and Exchange Commission.
Deloitte & Touche LLP
November 27, 1996
New York, New York
