University of South Carolina Libraries
ral PHONIX. rnnnisuED DAILY ABD TUI-WEEK r T EVKUT WK1WU.SD.U MORNING. rt Y JULIAN A. SELBY . EJMTOU A5W pnOI'niETOR. ?fflce OH Hain Street, above Taylor. KS" Book and Job Printing of ovory do: crip ion promptly and faithfully attnuded to. AI) V K.n?lS KM I'.NTS inserted in the Daily at 75 cents per square or tho first aud 50 couts tiacb subsequent in? sertion. Long advertisements by the week, mouth or year, at reasonable ratea. jbbS'.uienoN. Daily, six months, f4 '0; T i IYVHKIV, i '? : \V?nlrlv. 1 SP. At a banquet, when solving en i gm nil waB one of the diversions, Alexander the Great said to bis courtiers. "What is that which did not come last your, hus not eome thia year, and will not como next year?" A distressed officer, sturt- : ing np, said, "It certainly must be our j arrears of pay." Tho Kin? was so di verted that be commanded him to bo paid, and also increased hts salary. One "Tja?" Goofoy, a whiskey dealer of Youngstown, Ohio, took 'umbrage al something that Odell, bf the Vindicator, published coooerning "Tim's" saloon, a?id pitched into thu editor, who turned in and administered to the dispenser of "fire-water" a severe drubbing. The editor says that he now wears the belt, und gives notieo in his paper that "or? ders for black eyes, skewed noses, and hair for saddle packing, will be prompt? ly attended to nt reasonable rate?. Fight? ing hours, any time of day." "I feel rather dull to-day," as the razor sind tilter it hud been used to open oysters. Fish. 'WT-!-' are 9omul on lite FISH question. tv N.w MACKEREL-Hunton hispcc* tittil- Iii Itit-, ball b .nels und barre a Abo. ' M?'sa M a eher el " Titean nie ?trange Flail-having neither litada nor tail?. AU?, (.?n!tish, rungues and Suuuds, highly ri-eamnienib d by thu laeulty. For;Halo by OHO. SYMMKRS. Barle: \ Barley ! IPLANTER- can have S KED HARLEY at $1 '2? uer busied. Terms eaah. Bent22 JOHN C. REEOERS. $20,000 to be Distributed to Ticket-Holders IN TUE COLIMA Oil-Or?RATIVR BUILDING ASSOCIATOR. THE following PROPERTY and CASH baa been placed In tho banda of tho Tm st rcs, John Agnew, Br., filaj. Mcighan nnrl II. C. fibiver, in trust for tho benefit of the Tickct-bolderB of the above Association, to be delivered to tbofco who. on tbo dav or tho mille, may be enti? tled to them. The title to thc real cblnte bas been placed in the banda of Col. F. W. MeMaa sar, Attorney at Law, who w iii examino the sn mo and tfivo true warranty deeds, free from all encumbrance, on the day nf draging. The First Prizo ia tho Temperance Hall, now occu ?iied on the firat floor by Messrs. L?rick Si Lowrance. Tho lot ia 25 lest front on Main street, y 268 feet deep. Tho Building ia 150 feet lon? and two stories high; It ia now leased for three years for $1.400 por annum, pavable monthly in advance, valued at.$15 OOO Kooond Prize-Lot adjoining Roi-e'a Hotel; 44 feet Iront, 208 feet deep, valut d at. 1 900 Third Pries-Lot adjacout to above, 25J feet front, 208 leet deep, valu? d at.. 1,100 ICaah Prize.'. 600 2 CaBh Prizea, $100 each. . 200 4 Gaah Prizea, at $50 each. . . 200 110 Cash Prizes, at $10 oaeb. 1.100 120 Prizes.$20.0r0| 2,000 Tickets, at $10 each.$20.000 Tickets moy bo hod of ?he General Acent. Dr E. W. WHEELER, at Tempor?neo Hall, or at the Muaio Blore of Mes?is. 1 villi AND A SON, Mesara. JOHN AGNEW ASON.T. M. POL? LOCK ?nd D. C. PEIXOTI O A SON. The following gentlemen have consent ed to superintend the dtawinp: J. C. B. Smith, D.B. Hiller and Henry E Scott, in connect jen with a cnn mitti e of three selected by the Ticket holders, on tho dav of drawing. The 10th day of November-the fourth dav of the Stale Fair-HAS BEEN SELECTED AS j THE DAY FOB THE DBA WING, which will take place in 11nip?r*not nnil. Columbia, H. O, Ticket-holders are assn?ed the drawing will positively take pince il.at ?'av Ibo tiekeit-havo met with good sale, arid all who ii tend invi sting are requested to do so tis early as possible. ? As the names of tho ticket-holders w ill l e u-gtslerid iu a nook whieb shall be ID possca fiion of the Trust?es on t be dr.v of drawing, pai ties n.a\ if el ast-und that no more than 2,000 tickots will be isMied. BEFERENOES.-E. J Scott. Ron A Co V Bind?; Col J. B. Pa'mor. Prthider.t Central National Bank; Citizen?' Savings dank: South Ca rbi ti a Bank and Trutt Comuany, and W. B. Gulick, Cashier Carolina National Bunk. Capt. Wade L?rick, Agoni in L> xington. For further particulars, address, Sept 8 f2mo Dil. K. W. WHEEO?II, BOX 88. Columbia, S. C. Wait! Wait! For the Big Show! THE ONLY THAT WILL VISIT THE SOUTH KEN S2ATEN THIS WINTER .i'Hlfl o.Mi-Y ANO oltn.lKAi. OLD JOHN ROBINSON, Sixty seven years of ago, with an experience nf over Filt> Yeats in the Sontti as owuer oi a ?leuagouo und Circus, on his grand ANNUAL TRIUMPHAL TOUR Through all tho Southern States, with Three Monster Pavilions. ONE EXCLUSIVELY FOR THE MUSEUM, ANOTHER EXPRESSLY FOH THE MENAGERIE AND CARAVAN, THE THIRD DEVOTED TO THE EQUESTRIAN ENTERTAINMENTS, All adjoining and conueotiug together, but ONLY ONE PEICE OP ADMISSION, 1 And one Ticket admits jon to the entlro combination, MENAGER I?;.GA RA VAN, MUSEUM AND CIRCUS. Wait for it! Watch for it! Go and see it! Tho only real Monagerle. Museum. Caravan and lb st claus Circus on thc road. 25 GOLD AND CRIMSON CAGES 9rav* by beautiful matched Cream and Dappled Horses- all the Ciruna Rotinue. Largest and best Parade ever seen on the pnblio a true ts. ' Four Monster Living Sea liions, With their young PLATYBHYNCH.?8 LEONENUS, or SEA ELEPHANTS, with mano erect ?ko Forest Monarchs, requiring over 200 pounds fresh' flab daily for tboir anbaiatonce-the .cly ones on exhibition iu tho world, and um bo soon lu thia M?nagerie at all boura, sport tag la an arti?oial Lake of Ocean Water. M. Wild Tartarian Monster Yak, From th* Deserts of Tartary, with long, beautiful hair growing from his back to the ground. 4The only ono on exhibition In America. Don't coufouud thia with any small Show or Mena? gerie, bat bear in mind that OLD JOHN ROBINSON, the Leviathan, Ol triumphantly marching on, and will positively exhibit at COLUMBIA, MONDAY, October ?,1871. Oat 10 ti S. STRAUS & BRO. Is the place whore you can buy The Best and the Cheapest f5 CLOTHING AND GENTS' FURNISHING GOODS. 2 M WE aie now prepared to exhibit ono of the most choleo mid soled Slocks ever offered in this maiket, and At Astonishing Low Prices. Our motto is "QUICK SALES AND SMALL PROFITS.' Oct S Drawing Postponea frc m Cctober 1, 1871, to January 1, lb72. In Cons?quence uf the Fever In Clinrlenton, S. C. $500,000 to be Given Away! The South Carolina Land and Immigration Association, BUTLER, CHADWICK, GARY & CO., AGENTS, UNDER tho aiiBtdccR of the "Routh Carolina Slate Aptirtiltural and Mechanical Society," Will give a Herb a or CONCERTS, at tho Academy ol M lisie, Charl? eton, S C.. commet-c ing January 8. 187*2. Heit rs to all thu bankers, Lu luis i nd pionitncnt gentlemen ol tho country, both North mid South. 150,000 Season Tickets of Admission, at $5 Each. If you have not received a circular, send for one, giving ful' particulars. All orders ?t riot iv coi lulen-hil. 2,405 Gilts, Amounting in all to $500,000. The drawing ol (bia gr eal S? ut bein c nt ci pi it-? will be coi dueled niider I he nipcrvii-ion of j the foll? wing well known centl? n ? n: G< n A 1< "Wiiglit.el ( c? igis; Gili; RroiM?j T. John? son, of Virginia: Col. B H. It Ul ll-(lu e. ol South Caro.ii?; lion lieut r A. Pryor, ?if New York. M??ney tor Tickets can be tent either by E'S] ices 01 l on I flue Older, and tho Tickets will bopronipilv forwarded. ?-Direct all lotttreto BUTLER. CHADWICK, OAR YA CO., Principal ? file??, Clou lesion, S. C. Charleston, S. C. G BK. M. C. BUTLER; Jons CHADWICK. GEN. M. W. GA liv. Oct 1 siuio YELL OJW_ LINE ! FAST FREIGUTS TO AND "FROH NORTHERN CITIES, Via Charlotte, Columbia and Augusta Railroad, North Carolina Railroad, Raleigh and Gaston Railroad, Seaboard and Roanoke Railroad, and Steamers between Portsmouth and New York, Boston, Philadelphia and Baltimore! THE ABOVE-NAMED RAILROADS, in con? nection with tho Steamer Lines, having united in forming a Fast Through Freight Line, to be known as the YELLOW LINE, will put in opera? tion, on the 4lh ot Septembor, a FAST THROUGH FREIGHT SOHEbULE between Cotun.bia end Augm-ta and tho above-named Northern cities. Tho attention of bhippeis and leceivere of Irtight ts called to tho following advan? tages offert d by tho linc: It is almost entirely an inland rente, by which rall s cf iiif-ursnce und rii-ks of tl? lay from bad weather aro greatly reduced. There is no di ay see, anti no transiere, except under cover. Daily Steamers will run between Pertt-n.outb and L'altnnoie, 1luludelpbiu and New York, and ricighti- will have prompt despatch. Rntes and ola?-t-ifli-atiohe the seme BB by olin r muten. Through bills of Indine givm and claims bri ni} fly ai'juelrd. ' ?O- HAVE GOODS HA EKED "VIA YELLOW LIEE." "Stn For further iiilorntntiou, apply lo E. P. ALEXANDER, Superintendent Charlotte, Columbia and Auemta bailmnd. E. R. DORSEY, General Freight and Ticket Agent. Sept 2 3mo tar tar -5? 2 5 0,000 In Real Estate and United States Gold Bonds Will positively bo distributed by RAFFLE on tho 22d of November, 1871, in public, in tho city of Charleston, at 10 o'clock A. M. by CHARLESTON CHARITABLE ASSOCIATION, BLNEF1T FREE SCHOOL FUND, Chartered hy the Legislature of South Carolina at its last session, and approved March 8,1871. ONLY FIVE DOLLARS PER SHARE ! THE RAFFLE will positively toko place on WEDNESDAY, thc 22d day of November, 1871, .in public, in the city of Charleston, at 10 o'clock A. M. All the Properly, real and personal, mentioned below must bo Distributed in tho Award, and a yaiid deed of each piece of Real Estate, free from all incumbrauces, given. The Per txinal Property and United States Gold Bonds will be delivered immediately after the Rafllo. Each and every Certificate has Tinco separate and distinct Numbers in figures, and the words of each fiuuro ?rillen thereon, anti aro all combined with each other from Nos. 1 to 78 promiscuously All tho Certificates of bim t en issued by the Company, with their numbers, bro registered in their hooks. SCI1K DI'l.!, Ot7 AWARDS. That Certificate of Sharo having on it thu 1st, 2d and 3d numbers obtained on the Rafilo will ho entitled to tho award ot that first class Three-Story Warehouse, situ? ate on Meeting street, No. 147, Charleston. S. C., (opposite the Charleston Hotel, t being 88 feet Iront by about 240 deep, Ireo from al incuujbrunccs, und valued at. .$35,000 'i hat Ceitificateof Sharo having on it lue 4th, 5th and (Jth numbers obtained on tho h ailie will bo entitled to the award of that first class Ibrce-Stoiy Warehouse, No. 145 Meeting street, Charl? ston, S. C.. free ti om all iiiciinibranceu, valued at.$30,000 That Certificate ol Share having on it the 7th, 8th and Otb numbers obtained on the Itn?lle will bo entitled to the award ol that hist eisen Three-Story Warehouse, No. 143 Meeting street, Ckarlcntcn, S. C., free from all incumb? tineen, valued at.$27,500 That Certificate of Share having on it the 10th, lilli and 12th uambi rs obtained on tho Raflh- will bc entitled to tho award ?.f that 1 hree-blory Warehouse,No.141 Meeting sticet. Charleston, S. C., free from all iitcutuhranccs, valued at. $25 000 Tho above. Four Warehouses aro opposite tho Charleston Hotel, and aro tho most valuable property in Charleston. That Certificate nf Share having on it. the 2d, 3d and 4th numbers obtained on tho Raille will bo entitled lo au award of that tin? piece of property, situate on Broad street, Oharlruton, S.O.,and known ab the "Maiifcimj House," lice Irom all incum? brauces. valued at.$20,000 That Certificate nf Sb uro having on it the 3d. 4th ni d 5th numbers obtained on tho Rafilo will bo entitlrd to an award cl that line 1 wti-Stoiy Dwellb g. situate on Gadsden und ami Lumber streets, Columbo., S. C . with all the out-huildingb and improvi mints, with ?bout hall an acre of ground I hereto, valued at.$10,0(10 That Certifie? te nf SliBre having en it the 5th, CH? and 7th itumbeis obtained on tho Until-- will bo entitled to an award ol that fino ((dion Plantation, containing ahont 1 80U acres, one-third cleared, and heavily tintbei rd, situate in County of Darlington, on Great Pee Dee hiver. free from inennibrances, valued at. $10,000 That Ceri theale ot Share having i-n it 0th. 7th and 8th unmix rs obtain? d un the Rafilo will bo entitled io au awaiti of United States Gold bonds (m w ISHUC) of value ol.. $3.000 That Certificate of Share having on it Ri h. 9th and 10th numbers obtained on the Rafilo will bo entitled to an award of Unit? d Slates (?old Hoods (i ew- issue) of value of.. $2,000 That Certificate of Share having on it thi Otb. itu h and lit h number* obtain*. ?I on the Katlin will lio entitled io an award of United Mat? e f<? ltl hi m e ol (he value of... il.Otu Those Forty Certificates nf shares having on them following numbers obtained on Ita file: 2d Sd Otb 2d 4<h fith 4th 5th 7lh 5'b (?th 9ih (llb 7th 12Ui 9th 10th 12th 2d 3d 7th '2d 4th 7th 4?h 5th 8'h 5th (hh 10th 7th H-h 10th lat 3d 4lh 2d 3d 8ih ?il -Uh 8th 4th 5th 9 h 5th ?th lilli 7th Hth 11th tnt 4th 5th 2d 3d tith 8tl 4th 9>h 4th 5>h loth 5th fith I2tb 7th Hilt 12th 1st 5th (lib 2d 3d 10th 3d 4th 10th 4th 5'h 11th Otb 7<h Otb 8th 9th lilli Lt 0th 7th 2d 3d 11th ?kl 4th lltb 4lh 5th 12th 0th 7th 10th Hilt 9tL 12th 1st 7th 8lh 2d 3d 12th :M 4th 12th 5th 6th 8th bib 7? h 11th Will he each entitled to an award in United r tate?* Gold bonds of tho value of. $500 Those Fortv Certificates of Shares having on tb? m f..Ho? itu: number* obtained on raflle: lal 8th Orb 21 0th lOih 3d lilli 12th 5<h 8th 9ih 7th 9th 10th lot Otb lOtli 2?1 Uah 11th 4th Gib 7th 51b tub 10th 7th 10th 11th 1st UUli 11th 2d 11th 12 h 4 h 7th 8th 5th lOih llth 7ih 11th 12lh 1st lilli 12lh :id 5th 0th 4th 8th O b 5?h lilli 12th Ht 1, itu 1? llth 2d 4th fib 3d (Ith 7th 4ih 9th 10th 0th 8th 9th Hil, llth 12>h 2d full (Mi 3d 7lh 8th 4th Huh llth (Uh 9ih 10th in h llth 12th 2d Ctli 7ih 3d Hth 9th 4th llth 12th (Uh Kith llth ba 3d 5th 2d 7th 8th 3d 9th loth 5lh 7th 8th ti'h llth 12th 1st 3d Gib Will bo each entitled to an award of Unit) d Statis Oolrt Bonds ot the value of. $250 All the nthrr Certificat! s of Miares twine ?ii .) tm H ny three number H ?-ht mm d on tho Raffle, and not d?signai i d in any ?<f th? ??l.t.vt < i i tilica-tc* aro, wilt each be enti? tled to \n award of Unit* d Mates hurd* of Ibu vt.lut of. $50 Awards will bo nihde only to snob Certificates of Shares as have ihreo numbera on them, so obtained on tho Rafilo. To such AH desire, to take Shares in this great Rafilo and distribution of real and persona) property, tho Dire.tors will afford every facility and satisfaction, and perfect fairness will be exercised throughout, and many persons may trace their future pmetx ct? in biisini ss and station in sociutv to a fortunato snare hoi ein. Orders, wilk tlio money for Certificat! s, leay be sert hy Express, or Registered Letters, or Post Ofileo Ordern, at tho risk of the Association Persons sending orders will be particular to give their names, places of residence. Conn I y nml state, which will be entere?' in the hooks ot tho Company, and immediately upon tho Rafllo taking placo tho official raffled numbers will be forwarded to each correspondent. The Rafllo will positively tako place on tho day named, and every award of tho property and Gold Bonds must bo mado to tho holders of the Certificat?-a. Address all orders to Li. T. L.KVIN, Agent, Columbi?, 84 O. Beesen' Beer is Pure. IT don't oontain Copperas, Bait, Lime or Alum. Macon ll Seegers' Beer DON'T contain Strychnine. It is pure, and warranted to be BO. March ll The Exohange House. /"-"jV/ELL ki.own as "the place"1 ^^j?Fwhoro tho heat of drinkableaTOI >?*B3^ and oatablea are f nrnlahed, ia ifff in tho fnlt tido of prosperity. Tho whole boase has boen pnt lu porteot order, and tho proprietora guarantee that guests san obtain all tho dohi'&ck-a of tho aoaaon - O YSTE UH, FISH, GAME, etc. Oct 12 RAY*INOER ?fc FRANKLIN. THE CAROLINA HOUSE -rna IS once more opon to tho public, unurr Ejfj tho superintendence of Mr. lt. BARRY. V?J Tho reputation of tho bouae will bc kepi up. August. 31 WARFIELD'S COLD WATER SOAP. THIS BOAF waimea perfectly in cold water,' Bott, bard or Bait. ' ,?t removes gruaae. iii and paint from garments. It wa hint all dnda of gooda-cotton, flannel,ailkor woolen, [t obauaea silver, plated ware and jewelry without acratcbing. If tho articles are much .arniebod, rnb tbem witb a piece of fiai net which baa plenty of tho Soap on it. To people who do their ?wu washing, it ?B invaluable. Ll will favo ita cost in one wabbing. For Bale, n boxea ol thirty-aix barB. by EDWARD HOFE, April 9 Agent for Boni h Carolins. ~~Tho-raliliPfor Temperance Hall. Ac, will poaitively tako placo on tho 10th November. THE BISST IN THE MARKET I CBOICF. and select FAMILY Gltf OMI B, full arecrlmcnl of ^Q^jfifr Sugars, Cofltei -l io, -lava anti Lapinais; Teas' ol nil kinda; r>*>j*-7 \ ? f}-g?*b ClM'Cdlulta, Burna, f-pices, Pickles, buijeis ?nd laLle Lrtesmga ^i? " ^.?'\?,',-r\^.>T " R" l-!i>?V?i.tidil? ii|i:i xit'i Cl.???? - fcitji tipo, It ti oi j, 1 inc \ ? n.<*s u>M VT-Cr'^U i'll' ' ni'Hin?. , ??^jt?$p. <?4?> X<!sggZ& * 1 : l< ' I-. i il ? 1 . ? i Li cs c e of rjaMiiY ri CUB, yf$\' - . p&^V-/ In l em !?. oi ? i a? 1 ai ? (...in MU ii p iii pail ol Not j artil, Modinn N rsJ"~i- >u?r^ und li ip bini (I. Aim On: nu a), lin) Gmt. Bi nii.>.C< in. etc.; 'J II bl L* Mut 1 i vi ti ? 11 }-nli, Buit.it ai cl ( nu li ii- (f all kinds Fi g lii-h and Allic Hrs ii. P< lal? i ?. Ci ii i * a lid oil < ? Vi pi t ?*1 :< t ? ? nlni.tly ori bti.d to supply retail trude A bill HUJ ply ol all lin ds i l I AI ( Y SO./ I'S, inc'uding Colpati's best toilet, and iliui for don i etic i in non a. I anuid Ci od? ol every description. Je lin i and Frteerv? a, l'est family Butti r. Laid, Molasses ol allpi aden. Jit atp; Hans, DH? d Peet Tongue .Baron strips, bellies ai d Sin a. Also, a full ahboiiment ol I'IBll, including hist Ko. 1 and Mesa Mackerel, and ShibLid und I'ickli d Balm? ti, ete. Particular atti mu ri ls invited to our full slock of LIQUORS Embracing tbe beal brande, foi r ip i m il demi ?tic. lo be found in tho maikct. ("HAM 1 ACM- S bl al) pepntai bintidt*: She ines, Madeira, lint und Catawba Wine HI I lill kine?, bi d Bitters of e-yery glade Alco. 1 iiph>h,>t otihniiil In nun Al Et*; of tho billowii'g bland?; Mel un n's Muir A Sens', Young. iV, etc, uto.l|j|l Esp i ein) atti i lion is nil cit lo itu Mt MCI/Maud ?itherofi WHISK! Ys, tin he?t in lb? HIM ki I tor lanni} use- or medicinal 'W puri'osis. Also, to om BRANDI! S, ire iiiiu'p the best llivert l'i lb voient), 1.mn me In?. ( ? gi i.e. vu tape ol 18e5 Also, GINS, Palmetto mill twa ti bra i.t'H. All ?hu '*(l ant: wai raul ed pood Al?o. nc hnve MI hat d a ititi tdbik ol < he-ice CIGAl S and CHEWING TOBA< ( O. Bap I? y's Fin? Inl.ite. A MI lid 1AGG1FO and COTTON TIES, ami other nrib-icH 1er plntitalion u?e In fact, ? vejything needed orto bo 'ound in a first class Croceiy Store, mid at piiccfe to suit tin liuka. " Wc warrant onr gooda flrat class, and invito HU inspection ol them. HARDY SOLOMON, Get ti Columbia Hotol Block. "GRAND PRIZE DISTRIBUTION ! " WICKETS to tho Concerts of tho SOUPH CAROLINA LAND AND IMMIGRATION ASSO? CIATION ready for aalc and delivery. All order?, from tho country promptly Oiled. Agents wanted for tho Counties of Lancaster, Lexington, Spartanburg, Greenville, Abbeville, Occ nec and Piekcns. Apply to D. GAMBHILL A CO., J uno G General Agenta, Colombia, S. C. THE UNIVERSAL LIFE CDMFANY! LIBERTY STREET, ^^^^^^^^^^^^T YORK, The Original Stock Life Insurance Company of the United States. OlFlCKHS: WILLIAM WAI.KE?, Prraldcnt. HENRY J. FURBER, Vico-Preaident. JOHN H. BEWLEY, Secretary. GEORGE L. MONTAGUE, Actuary. E. W. LAMBERT, M. D., Medical Examiner. -o THIS COMPANY offers tho following IMPORTANT ADVANTAGES to thoso about EFFECTING INSURANCE ON THEIR LIVES: 1. Insurance at Stock Ratea, being from 20 to SO per cent. IOSB than the rates oharged by mutual companies. 2. Each Policy-bolder is regarded as a Stockholder to the extent of ono Annual Premium on his Policy, and will share in tho Profits of ibo Company to the eamo extent aa a Block holder owning an equal amount of the Capital Stock. 3. Every Policy iesuea by the Company is non-forfiitable, and contains a [clause elating Ita exact Surrender Value. Before. Insuring your Life or accepting thc Agency of any Company, Il IC A D Til 15 KOI.l.OWINiii A lengthened experienco baa demonstrated that tho rates of premium ordinarily charged by life insurance eonipauiea are from twenty-live to thirty per cent, in excess ot what aro ne c?tsary for a safo ai.d legitimate- conduct of tho bnsiueaa. In other words, carefully and prudently-managed companies charging "mut nal" rates bavo been ablo to return to their policy h?hn is from 25 to SO per cent, of tho amount charged for premiums. When life insurance companies were lir?t organized, reliability of the data upon which pre? miums were constructed bad not undergone test of experienco It was thought, tbereforo.no more than common prudence to adopt a ?cale of premiums which would, in any event, meet all the presumed and unforeseen couliliiiciteb s ot the business. As long as tho matter was involved in nomo doubt, it was belter to tlx the into too high than to incur tho rick of mak? ing it ton low; because, in tb? former ease, tho error contd bc easily remedied, at least in part, hy returning to the policy -holders, at certain intervals, auch portion of the pr* minna charged HS was lound necessary for the pm po?ra of tho business and tho complete security of the company. Experience, however, having satislacto ily demount rand that these rates are excessive, what possible excuse can there be for maintaining th? m? Availing themselves of thia experience, tho Directors and Managers of the Universal Life Insurance Company , at its organization, adopti d a seale ot premium? in accordance there? with, ami which bas provea to be fail and adequate, and all that waa necessary to meet the requirements of the linsiut as. Theso premiums arc about twenty five per cent, lower lhan tho?e charge by mutual companeis. Il also appeared, maumu h OB tho ratea so established were as near as* could possibly be determined lair laten, and not in excess of what insurance baa previously cost tho policy-holders in muluul companies, that, any profits arising from er mle nt mulingi nu nt justly and prop? rly b? longed to thc stockholders of tho company, for the risk incurred by tlx m in undertaking tho business. Experience has shown that there ure nome? s bf profitin the practice of thc bu si ne? s which theory aili not admit of being consider? d as eh merits in the calculation of the premiums. Th? ne remite form a naving in Hie un ri nilly of the nu mb? rn of a company owing to ike me ?beal selection of good lives, a gain m int?r?t-1 on the investments ol the ce m jinny over that anson.ed in the calculation of its pr? mb ms. the pi obis deiivablo fri m tho lapsing and sur? render of policies by the members, and fi om ot bi r minor touic? a. Profits from these sources, in a company possessed of a capita1 ot !2(H) COO, and doing a fair amount of business, would ?ive to the stockholders ?livid? nels largely in e xcess of what were counted on by the Directors of the Uiiivcisal at tb? lime of its organization. They bavo, therefore, determined to divide among the policy-holders of tho company a largo pa?t of the profils accruing from the non rees nain? ?1. all of which have heretofore been divideil among the stockholders. M'h e plan adopted for such division is as follows: Every person wbo may hereafter insure with tho Universal will, tor the purposes of division, be treated aa a stockholder to extent of ono annual premium upon bis policy; and wilt share in tho profits of the company to precisely same extent as a stockholder owning an eejuul amount of the capital stock. Rv this system of insurance, original with the Universal, the policy-holder securoB tho fol? lowing i ni port ant advantages: 1. Insurance at the regular "stock" ratea, r? quiring a primary outlay of about twenty to thirty per cent less than that chai ped by mutual companies, and which is equivalent ton yearly "dividend" paid in dvanco of that amount on mutual ratea. This low cost of insur aneo is worthy of attention Since ita orgai.ization. ibis company bas r? ceived in premiums from its policy-holders the sum ol S1.G17 OOO. To effect Gie same amount of insurance in a. mutual company wonld have cost the m an initial outlay of 12 000.000 By allowing Its policy? holders to retain, in their own possession, thia excess of $483,000, the Universal has virtually paid them a "dividend" of 1483. OOO and paid it, too, in advance, instead of at the end of one ?ir more years It ia impossible to And any exan.pie cf a mutual company furnishing insur? ance at so low a cost by rot n mi np to policy-holders an equal amount upon sin.ilar receipts. 2 Participation in tho legitimate prolita of tho company, npon a plan which aeenres to the PMliuv-boldera tho samo treatment which directors and stockholders award to themselves. Tin? system of participation, in coiuection with the low "stock" ratoa of premiums, must, necessarily secure to tho policy-holders cvory possible advantage to be derived from prudent and careful management. The low rates of premium con pel economy, and, independent of participation, guarantee tri tho pohcy-hold? r bis insurance at a ralo which is not in excess of the coat in well managed . mumal companies; whilo, bv tho proposed plan of participation in what may be considered ? tho legitimate, profita of tho bmdncB?, the cost, will bo still further diminished. i Im-, by the combined advautagea arising from low stock rate and participation in profils, it ia eon il i en tl-, believed the Univeraal Lifo Insurance Company offers insurance al its lowest ' practicable cost. Those of tho existing policy-holders who desire tr participate in the profits under thc new plan can do so bv making application to the bead tilico, or to any agents of the company. The company ls in a sound financial condition. Ratio of aeaetado RabiHiios 1SG lo 100. Good rcbablo agents wanted, who will deal direct with tho New York office, and to whom . full general agenta' commiaaiona will be paid. Bl. W. GARY anil M. C. BUTLER, State superintendents of Agencies Office on Richardson street, opposite Columbia Hotel, Columbia, a. C. Supt