University of South Carolina Libraries
r HE PHONIX. rDB?iaaSD DA I LT ABD ?BT-WBXKLT. THE GLEANER, SVKBV WEDNESDAY MOBNIKO. ?Y JULIAN A. SELBY, EDITOB AMD FBOFBIBTOB. ifflce OH Main 8treet, above Taylor. .VBook and Job Printing of ovory doeo ip ion promptly ?nd faithfully attoudod to. A_DVEETIHEMENTB [?sorted in the Daily at 75 cents per square for the first and 50 oents each aubeoquent in sertion. Long advertisements by the week, month or year, at reasonable rates. aoBsomPTioN. Daily, Bix montha, ti 00: Tri-Woukly, 2 5C; Meekly, 1 SO._ A good instance of "sharp practice" is that of a man in Ohio, who was ao ?rutted of murder on a plea of insanity, [e had seonred his lawyers by giving them a mortgage on his farm, bnt now repudiates the mortgage on the ground that he was insane when he made it, ac? cording to the showing of these samo lawyers. Sir Roderick Impey Murchison. K. C. B., who diod in England the other day, was celebrated as the gentleman who an? nounced regularly every six weeks, for the last ten years, that Dr. Livingstone was slowly woking-his way toward Ujsji. They are forming what professes to be a national guard in Alabama, but the {lapera aver that it is nothing more nor ess than a Badical Ka Klux Klan. If Yon Want School Books, po to BRYAN k Mc O A RT ER, who have a \JT fresh supply of English, French, Ger man and olassioal 8UHUOL BOOKS, also of Bohool Stationery of every description, all for sale at lowsst market rates._Sept 19 Congaree Restaurant. THE undersigned has taken up a position near his old stand, on _?Main street, and is again propared to supply ms customers with good LIQUORS, choioo WINES, otc. LAGER on draught. 8EGAR8 and TOBACCO of boat quality. Tho RESTAURANT will furnish OYSTERS and other substantials in aoaaon. Sohweitzer Caso at all times. A. STORK. Nov 2 Imo Oysters in Every Style. HY Restaurant is in order for tho 'winter season, and OYSTERS and other Refreshments will be furnish? ed at Snort notice. "How will you have them -fried, roasted or stewed?" G. DIERCKS. Pot 26_ Read! Read!! Rear?'.!! STATE CAPITOL RESTAURANT. Near corner Main and Bridge Streets. fPSi/l"? OY8TER8*in every style-fOQ ^jJLfl^RoftBteu, Stowed, Pried andWW ^*^kw Broilod. Good Liquors, fine"** Wines, imported Cigars. N. B. Private SUPPER ROOMS. FRANKLIN & FINE. Oot 26 Proprietors. THE PALMETTO RESTAURANT, Assembly Street, opposite Market, <i&, / ^ 18 now open for the ^?\\?Jf season, and will furnish ^l**BP tho beat tho markets -AeWfc. afford. OYSTERS, FISH and-^I.-- > GAME served in any stylo. The best of WINES and LIQUORS can be bad at tho har. Pot 25 Imo_D. McQUINNlS. Prop'r. The Cottage House Restaurant. fStSs. MB. 0. H; DU H ME. proprio-fGQ /jyrf^Jorof tho COTTAGE HOU8E,US \?J vSP1 Wa abington street, next door? to Maaouio Hall, desires to inform hia friends that he has opened a first class RESTAU? RANT, and will furnish, at ahort notice, OYS? TERS in every style, Soups, Game and other relishes. Call at the Cottage House and make yourself merry._Oct 22 The Exchange House. ?PS^/V^)WELL kLown aa "the placo"^n* ^wJjy whore tho best of drinkables ?jj and oatablea aro furnished, is paw in the full tide of proaperity. The whole houaehaB boen put in perfect order, and tho proprietors guarantee that guests san obtain all thd delicacies of the season-OYSTERS, FISH, GAME. etc. Oct 12 PAY8INGER tc FRANKLIN. THE CAROLINA HOUSE IS once more open to the public, under Hil tho Buperintendenco of Mr. R. BARRY. WS The reputation of the houee will be kept ap._Angnat 31 Canned Goods! Canned Goods! -I pr (\ OA8E8 freah CANNED GOODS, last XtlU reoeivod, consia ting in part as follows Feaohes, Pine Apples, Fears, Blackberries, Cherries, Tomatoes, Lima Beana, String Beans. Corn, Condensed Milk, Salmon, Sardines, Turkey, Beef, Mutton, Asparagus, Cove and Spiced Oysters, Salmon, Lob? e-tors, etc For aale by Oct 4 JOHN AGNEW A SON. Butter. 4TUBS Virginia Valley BUTTER, 6 tubs Mountain Butter. 8 tubs fine Goshen Butter. All nico and fresh and for salo LOW. Pot 1_ L?RICK A LOWRANCE. Seagers' Beer is Pure. r' don't contain Oooocnlus Indiens Fish Berries to make sleepy or headache._ Refined Oil. /COTTON BEEB REFINED OIL. by tho gal V> lon or barrel. Alao, in glaaan, pints and quarts. For salolow._E. HOPE. Native and Foreign Wines. 80UPPERNONG, Concord, Santorne, Cla? ret, Champagnes, jnat received and for Bale low, by_E. HOPE. deed Wheat. rr fi? BUSHELS choice RED BEED WHEAT, /Qt r sale by_E. HOPE. Seegers' Beer DON'T contain Strychnine. It is pure, and warranted to be eo. March ll Malt Corn Whiskey, .TTT7ABRANTED two years old, at W FeV 21_JOHN C. BEEPERS'. STOCKS, BONDS ?nd COUPONS bought and ?old by D. QAMBRILL. Broker. OLD BANK E?oLS and MUTILATED OUflRRliOY bought and sold by Nov 23 Gmo D. GAMoRILL. Bri k-ir M CITIZENS' SAVINGS BANK SOUTH OABOLIWA Deposits of gi "and.Upwards Received, INTEREST ALLOWED A T TEE BA TE Ol SEVEN PEE CENT. PEE ANN UH, ON GEB TIFIO A 2 ES OF DEPOSIT, AND SIE FEB GENT. OOM POUNDED EVE Ii Y SIX MONTHS ON A GOO UN TS. OFFICERS. Wm. Martin, President. | A. O. Brooizer, Cashier. J. H. Sawyer, Assistant Cashier, i eharge ox RrancheH. John C. B. Smith, Assistant Cashier. Directora. Wade Hampton, William Martin, A. G. Has? kell, F. W. MoMaBter. John P. Thomas, E. H. HeinitBh, John B. Palmer, Thomas E. Gregg, Columbia. J. Eli Gregg, Marion. G. T. Scott, Newberry. W. G. Mayes, Newberry. B. H. Rutledge, Charleston. Daniel Rave rici, Jr.. Charleston. H Meohanics, Laborers, Clerks, Widows, Cr* nhans and others may here deposit their SST? inga and draw a liboral rato of intoroet there* on. Planters, Professional Mon and Trustee! wishing to draw interest en their funds until thoy require them for bu sin OH o or other pur posoa; Parents desiring to sot apart small tums for their children, and Married Womon and Minors (whoso deposits can only be with drawn by themselves, or, in case of death, by their legal representatives,) wishing to lay aside funds for futuro use. are hore afforded an opportunity of depositing their means whore they will rapidly aconmulate, and, at the same timo, be subjeotto withdrawalwhen needed._Aug 18 (iENTHAL NATIONAL BANK OF COLUMBIA. S. C. Present Capital, $150,000. -. . AUTHORIZED CAPITAL, ?300,OOO. ojncEns. John B. Palmer, president. A. G. Brenizcr, Cashier. C. N. G. Batt, Assistant Cashier. DIBEOT0R8. . J. Eli Gregg, John B. Palmer, F. W. McMas ter, R. D. Sonn, of R. D. Benn & Son; G. W. Beardcn, of Copeland & Reardon; R.L. Brvan, of Bryan & McCarter: W. C. Swaflleld, o'f Ii. &. W. 0. Bwaffiold. F. W. McMastor, Solicitor. THIS Bank is now open for the transaction of a general banking business. CERTIFICATES OF DEPOSIT of curroncy or ooin, bearing interest at tho rate of seven (7) por oent. per annum, in kind, will be issued. Deposits from County Officers especially so- | 1 ici ted: also, from Trustees, Administrators, Executors, Professional Men, and others. Particular attention given to accounts of I City and Country Merchants, and other busi? ness men, and the usual accommodations ex? tended. Notes, Bills of Exchange, and other evi? dences of debt discounted, and money loaned on collaterals. Stocks, Bonds, Gold, Silver bought and sold. Mutilated Currency purchased at a small discount. Sight Drafts draum direct on all tho promi? nent placoe in England, Ireland, Scotland, France, Germany, Belgium, Holland, Den? mark and the Orient. Letters of Credit issued, j ay able in any of the above places Drafts on all the prominent cities in thc United Rtatos bonght and sold. Hanking House opposite Columbia rlotoi. Open from 9 to 8._Feb 28 ly "Motte's Victoria Tonic Bitters." ENTIRELY VEGETABLE. For the cure of Dyspepsia, Ague and Fever, Bilious Diseases, General Debility, and all Impurities of thc Blood. THESE BITTE HS have now firmly esta? blished themselves in tho favor of tho public and tho medical profession. Prepared from purely vegetable ingredient ? of acknow? ledged efficacy, their unrivaled and highly tonio, stimulating and prophylactic qualities peculiarly adapt them to all casos of General nobility, Nervous Prostration of tho Sys? tem, Ac. AB an excitant of the appetite and a whole? some aid to tho process of digestion, thoy will bo fonnd to bo very efficacious, while their peculiar medical properties render tiiem of unequaled valno to those subject to Chilla and Fever, Congestion, and other miasmatic diseases. These Bitters will be fonnd most wonder folly beneficial in all caeca of Debility and Ir? regularities of Females. Wheresoever intro? duced, they become a standard article-a medicinal staple. Unlike tho many noxious stimulants advertised, thoy brace and fortify tho system without exciting nndue eurobra! action. Thoy are without doubt the beet to? nic and constitutional renovator ever offered to tho public. MOTTE & TARRANT, Manufacturers and Sole Pronrietors, Newberry. S. C. Sold by E. li. HEIXITSH, Columbia, B. C. Seri 16_Gmo MONEY C ANIM OT BUY IT! For Slgtit la Priceless! Bul the Diamond Spectacles will Preserve lt. IF yon value your eyesight nee these PER? FECT LENSES. Ground from minuto oryatal pebbles, molted together, and derivo their name "Diamond" on account of their hardness and brilliancy. They will last manv yoars without change, and are warranted su? perior 'o all others, manufactured by J. E. SPENCER tc. CO., N. Y. CAUTION.-None genuino nnless stamped with our trade mark. WM. GLAZE, Jeweler and Optician, is sole agent for Columbia, 8. O.fiom whom they can only be obtained. No peddlers employed. July 20 ||ily Kinsman 8?P Howell, Factors and Commission Merchants. Liberal Advances made on Cotton and Naval Stores* , Charleston, S. C. August 31 imo Every One Drinks Seegers' Beer, BECAUSE it gives strength ?nd improves their hoalth. Maroh 11_ WARFIELD'S COLD WATER SOAP. THIS SOAP washes porfectly in edd water, soft, hard or salt. It reninvt;? , rease oil and paint from garments, li v. ... 'icu all kinds of goods-cotton, flannel, Bilkoi .toolon, it cleanses silver, plated waro and jowolry without scratching. If tho articles aro much tarniahod, rob them with a picco of flannel which has plonty of the Soap on it. To people who do their own washing, it is invaluable It will save its cost in ono washing. For salo, in boxes of thirty, six bars, by EDWARD nOPE, \prll 9 Agont for South Carolina. htMiuro tickets in tho Columbia Co-opera? tive Building Association. The brooklyn ?life Zus?fance Company, Of? NEW YORK, Paid Up Cash Capital of $2,000,000. -o CHRISTIAN W. BUNCH, President. I W. W. COLE, Secretary. W. H. WALLACE, Vioe-Preaident. D. PARKS FACKLEH, Actuary. OFFICE NO. 141 BROADWAY, NEW YORK. JOHN E. BACON, W. P. BUTLER, General As?nte and Managers for South Carolina and AugUBta, Georgia. Ab General Agents, we take pleasure in presenting this well known and responsible Com? pany to the publia, and in recommending it M first claea in ovory way. We might add muoh more on this subjoot, but, being interested aa its AgentB, prefer to speak through dis? interested parties. Therefore, read and digest tho following notices-among many otbere from both Northern and Southern papers, as to the virtuoo of tbis Company: There is no better company in the land. A comparison with other corporations of a simi? lar character will couviuco all of tho superior safety in taking risks witb tho Brooklyn Life. [Columbus, Ga., Sun, January 27. 1869. Tho Brooklyn Lifo baa placed it enif in tho vanguard of iusuranoo reform, anti is the first company that has done full jnstico to tbe insured, ftc. [Insurance Times, Neto York, January, 1869. This great featnro of cash surrender values ?B an important improvemonl that signalize* the era of insurance.-Raleigh Sentinel, N. C. Tbis plan-guaranteed surrender values-romoves tho solo objection existing to making an application for lusnranco. Each policy becomes apiece of negotiable paper, as easily trans f?rrea as a Government bond.-Boston, Mass., Post, 1869. A policy in the Brooklyn Lifo is wortb so much in roady monoy. Thia is tho only lifo com? pany that haB carried this excellent feature into business. [Dispatch. St. Louis, Mo., January 7, 1869. We call especial attention to thin distinctive and advantageous foaturo of guaranteed sur? render value, particularly characteristic of the Brooklyn Lifo. And also to the fact that there are no classes in tho Brooklyn Life; all fare alike, whothor from tho North, Bout ti, East or Weet. Also, we diroot the attention of tho publio to tho fact that policies can bo obtained in this Company, owing to its careful management and superior advantages, at lower rates than in any otliur company of equal rank und solvency in America. BACON ft BUTLER, General Agents. Office above Dr. Fibber's Drug Store, Columbia, S. C., and at Edge field Court Houtso. Iteliablo agentB wanted in every town and County in the State, and also in the citv of Au? gusta, to whom liberal commissions wi!i be paid. Nov 4 S. STRAUS <SL BRO. Is tho placo whero you can buy The Best and the Cheapest CLOTHING AND GENTS' FURNISHING GOODS, k kkk I k k WE are uow prepared to exhibit one of the most choice ami select Stocks ever offered in this market, and At Astonishing Low Prices. Our motto is "QUICK SALES AND SMALL PROFITS." Oct 8 GRAND PRIZE DISTRIBUTION! fJMCKETS to tho Concerts of tho SOUTH CAROLINA LAND AND IMMIGRATION ASSO? CIATION roady for salo and delivery. All orders from tho country promptly lilied. Agents wanted for the Counties of Lancaster, Lexington, Spartanburg, Greenville, Abbeville, Oco neo and Picken?. Apply to D. GAMBRILL ft, CO., June 6 General AgontH, Colnmbia, S. C. GREAT SOUTHERN PREISET AND PASS*"" um i il il A U JUL ? ii il il iliUblllvuiiu une ti, TIA CHARLESTON, S. C. TO AND FROM BALTIMORE, PHILADELPHIA, SEW YORK, BOSTON, AND ALL THE NEW ENGLAND MANUFACTURING CITIES. TUREE TIMES A WEEK. Tuesdays Thursdays. Saturdays. ELEGANT STA TE-LO OM A CCOMMODA TIONS. Sea Voyage 10 io 12 Hours Shorter Charleston, TOTAL CAPACITY, 40,000 BALES MONTHLY. The South Carolina Railroad Company, AND connecting Roads Weat, In alliance with the fleet of tbirtoen iirst clam Steamships to tho above ports, invite attention to the quick timo and regular despatch afforded to the business public in the Cotton States at tho PORT OF CHARLESTON. Offering facilities of rail and sea transportation for Freight and Passengers not excelled in excellence and capacity at any other poit. Uhe following splendid Ocean Steamers aro re? gularly on tho line: TO N K W YORK. MANHATTAN, GEORGIA, M. S. Woodhull, Commander. S. Crowell. Commander. CHAMPION, SOUTH CAROLINA, R. W. Lockwood, Commander. T. J. Bockett, Commander. CHARLESTON, CLYDE. James Berry, Commander. J. Kennedy, Commander. JAMES ADGER, ASHLAND, T. J. Lockwood, Commander. - Ingram, Commander. JAMES ADGER ft. CO., WAGNER, HUGER ft CO., Agents, Charleston, 8. C. WM. A. COURTENAY, Agents, Chariest50, S. C. TO P Ii I L A D K L P H I A . VIRGINIA. EMPIRE, Alox. Hunter, Commander. C. Hinckley. Commander. SAILING DAYS-THURSDAYS. WM. A. COURTENAY, Agent, Charleston, S. C. FALCON, H ai nie, Commander. SEA GULL, Dutton, Commander TO BALTIMORE MARYLAND, Johnson, Commander. 8ailing Daya-Every Fifth Dav. PAUL C. TRENHOLM, Agent, Charleston. B. C. Rates guaranteed as low as those of competing lines. Marine Insurance, one-half of one per cent. THROUGH BILLS OF LADING AND THROUGH TICKETS Can bo had at all the principal Railroad Onices in Georgia, Alabama, Tennessee and Missis? sippi. State Rooms may be eocnred in advance, without extra charge, by addressing Agents of tho Steamships in Charleston, at whose ?nices in all cases the Railroad Tickets should bo exoh an ged and Berths assigned. The Through Ticket a by thia route include Transfer?, Meals and State Room, while on shipboard. Tho South Carolina Railroad, Georgia Bailroad, and their connecting lines, have largely inorotiBed their facilities for tho rapid moven cut Oj Freight and l'sssi ngers between the Northern cities and the South and West. Comfortable N??bt Cars, with the HolmcB Chair, without extra charge, have hoin introduce.? r n the Routh Carolina Railroad. First class Eating Haloon at Branchville. On ihe Gi ni tia I ai H i'm t class Mi (-ping Cars. Freight promptly transferred hom Mean t r tb er.' i i d nij.ht tn ins ft the South Carolina Railroad. Close connection made with otbir Head?, delivering l'ni^bis al distant points with great promptness. The managers will UBO cveiy < xerti? n to satisfy tin ir patrons that tho lin? vin Charleston cannot be surpassed in despatch and the safe deliver] ol goods. For further information, apply te J M. BELKUIK, Superint? nde-nt, Charil alon, S. C.; B. D. HABKM,, General Agent, P. O. Box 4 979; Office 317 Broadway, N. Y ; H. B. PICKFKR, Central Passongor and Ticket Agent, Booth Carolina Railroad. ALFHKI) L. TYLER, June 20 16mo vice-President Benth Carolina Railroad, Charle? le?. S. 0. Hardware, etc. -| f\r\ DOZEN AXES. XVJw 40 bales Hagging. 200 bundles Arrow Ties. 20 dozon Railroad Shovels. 200 pairs Trace Chains. Just received and for sa'o at lowest mark o prioes._L?RICK ft LOW RANCE. Tho ratho for Tempor?neo Hall, Ac, will positively take place on tho 10th November. Barley! Barley! PLANTERS can have SEED HARLEY at fl 25 por buslud. Terms cash. Sopt22 JOHN 0, BEEPERS. Cranberries. BUSHELS CRANBERRIES, in Ano or? der f.?r salo by _E. HOPE. Tho rnfll > for Tempor?neo Hall, ftc, will positively t.-ko placo on tho 10th November. 15 YE LL ONLINE ! FAST FREIGHTS TO MD FROM NORTHERN CITIES, Via Charlotte, Columbia and Angosta Railroad, North Carolina Eailroad Raieigh and Gaston Railroad, Seaboard and Soanoks Railroad, and Steamers between Portsmouth and New York, Boston, Philadelphia and Baltimore ! TUE ABOVE-NAMED RAILROADS, In con? nection vit h tho Steamer Lines, Laving unitod in forming a Fast Through Freight Line, to be known as the YELLOW LINE, will pat in opera? ti (iii, on the 4th of Hen t ember, a FAST TH ROUGH h HEIGHT SCHEDULE between Colombia and Augusta and* the above-named Northern citioB. Tho attention of shippers and receivers of height ls called to the following advan? tages offered by the line: lt is almost entirely an inland route, by which rates of insurar.ee and risks of delay from bad weather aro greatly reduced. There ie no diayage, and no transfers, except under cover. Daily Steamers will run between Porttniouth and Baltimore, Philadelphia and New York, and fi eights will bavo prompt despatch. H ates and classifications the same as by ot IK r routes. Through bills of lading given and claims promptly adjusted. MW IIA VE GOODS ITA EKED "VIA YELLOW LINE." Ti* For further information, apply to E. P. ALEXANDER, Superintendent Charlotte, Colombia and Augusta Railroad. E. R. DORSEY, General Freight and Ticket Agent. Sept S nm THE BEST IN THE MARKET! CHOICE and select FAMILY GltOCEBIFB, full assortment of Sugars, Coffees-Rio, Java and Laguayra; Teas of all kinda; Chocolates, Broula, Spices, Pickles, Sauces and Table Dressings ot al) kinds and des< riplicns, Cheese-Sap-Sago, Factory, Pine? al pie si.d othe-is. A lull tletk 11 the- Icu bianelsof FAMILY FLOUR, In barrels and packages, consist inp in part of Nonpareil, Madison aud Highland. AIBO, Oatmeal, Pearl Grist. Hominy, Corn, etc.; Table and Liverpool Salt, Biscuit and Crackers of all kinds, Eng? lish and American. Potatoes, Onions and other Vegetables constantly on hand to supply retail trude. A full supply of all kinds of EA NC Y SOAPH, including Colgate's bcBt toilet, and that for domestic purposes. Cauni d Goods of every description. Jellies and PreeervoB, best family Butter, Lard, Molasses of all grader, Meats. Hams, Dried Beef, Tonguoa, Bacon Strips, Bellies and Sides. Also, a full assortment ot FISH, including best No. ? and Moss Mackerel, and Smoked and Pickled Salmon, etc. Particular attention is invited to our full stock of LIQUORS Embracing thc best brands, foreign and domestic, to bo found in the market. CHAMPAGNES Of all popular brands; Cherries. Madeira,?'ort and Catawba Wines of all kinds, and Hitters of every grado. Also, rnglish, Scotch and Bremen ALE?, of IheW following brands: McEwan's, Muir ft Sons', Tounge r's, etc., otc. Ml Especial attention is called to our MONOGRAM and other Ul WHISKEYS, the best in thc market for family uso or medicinal >| Purposes. Also, to our BRANDIES, including the best Divert ellevoison, Lurroudo Fres. Cogrjac, vintage of 1805. Also, GINS, Palmetto and Swan brands. All imported and warranted pood. Also, wo have cn hand a full stock of choice CIGARS and CHEWING TOBACCO, Baglcy's Fine Cut, etc. A stock of BAGGING and COTTON TIE8. and other art ir.?CH for plantation usc. In fact, everything needed orto be found in a first class Grocery Store, and at prices to suit the times. Wo warrant onr goods first class, and invito an inspection of them. HARDY SOLOMON, .Oct 6 Columbia Hotel Block. THE UNIVERSAL UFE INS?RANC9 G9 LIBERTY*STREET, COMPANY ! 69 NEW YORK. The Original Stock Life Insurance Company of the United States. OFFICERS: WILLIAM WALKER, President. HENRY J. FURBER, vice-President. JOHN H. BEWLEY, Secretary. GEORGE L. MONTAGUE, Actuary. E. W. LAMBERT, M. D., Medical Examiner. THIS COMPANY offers tho followiug IMPORTANT ADVANTAGES to those about EFFECTING INSURANCE ON THEIR LIVES: 1. Insurance abStock Rates, being from 20 to 30 per cent, lees than the rates charged hy mutual companies. 2. Each Policy-holder is regarded as a Stockholder to the extent of one Annual Premium on his Policy, and will share in tho Profits of tho Company to the samo extent as e. mock holder owning an equal amount of the Capital Stock. 3. Every Policy issued by the Compauy is non-forfeit able, and contains a [clause stating ite exact Surrender Value. Before Insuring your Life or accepting lite Agency of any Company, HEAD Till. K?IiLUWlN?I A lengthened experience has de monstrated that tho rates of premium ordinarily charged by life insurance companies are from twenty-five to thirty per cent, in exacts of what are ne? cessary for a safe aud legitimate conduct of tho business. In other words, carefully and prudently-managed companies charging "mutual" rates havo boon able to return to their policy holders from 25 to SO per cent, of tho amount charged for premiums. When lifo insurance corupanicu were first organized, reliability of the data upon which pre? miums were constructed had not undergone test of experience, lt was thought, therefore, no moro than common prudence to adopt a scalo of premiums which would, ie any event, meot all tho presumed ftiid unforeseen contingencies of thc business. AB long aa the matter was involved iu somo doubt, it was better to fix tho rate too high than to incnr the risk of mak? ing it too low; because, in the former case, tho error could be easily remedied, at least in part, by returning to the peuicy-boldcra, at certain intervals, euch portion of the premium charged as was found necessary for tho purposes of the busiueae and the complete security of the compauy. Experience, however, having satisfactory demonstrated that these rates are excessive, what possible excuse eau there Lc for maintaining them? Availing themselves of this experience, thc Directors and Managers of the Universal Life Insurance Company, at its organization, adopted a scale of premiums in accordance there? with, and which has proven to be fail and ade quite, and all that was necessary to meet the requirements of the business. These premiums are about twenty-five per cent, lower than th?so charge by mutual companeis. It also appeared, inasmuch as tho rates so established were aa near as could possibly bo determined fair ratis, and not in excess of what insurance has previously cost the policy-holders in mutual companies, that any profits arising from fruuent management justly and properly belonged to tho stockholders of the company, for he risk inenrred by them in undertaking tho business. Exporieuco has shown that there are sources of profitin the practice of tho business which theory will not admit, ot being considered as ele menta in the calculation o' the premiums. These results form a having in the mortality of the members of a company owing to the me? dical selection of good lives, a gain in interest on the investment H of the ctmpany over that assumed in the calculation of ita premiums, the profits derivable from tho lapsing and sur? render of policies by tho members, and from other minor sources. Profits from tbeae sources, in a company possessed of a capita* of $200,000, and doing a fair amount of business, would givo to tho stockholders dividends largely in excess of what were counted on by the Directors of tho Universal at the time of its organization. They have, therefore,determined to divide among tho policy-holders of tho company a large part of the profita accruing from the sources named, all of which havo heretofore been divided among toe stockholders. Tho plan adopted for such division is as follows: Every person who may hereafter insure with tho Universal will, for the purposes of division, be treated aa a stockholder to extent ef one annual premium upon bis policy; and will ah*re in tho profita of the company to precisely same oxtent as a stockholder owning an equ?l amount of tue capital stock. By this system of insurance, original with tho Universal, the policy-holder secures tho fol? lowing important advantages: 1. Inaurance at the regular "stock" ratea, requiring a primary outlay of about twenty thirty por cont, lees than that charged by mutual companies, and which is equivalent to yearly "dividend" paid in i d'1 ance of that amount on mainel rates. This low cost of insur? ance is worthy of attention. Bince its organization, this company bas received in preminme from its policy-holders tho sum of 11,017.000. To effect the same amount of insurance in a mutual company wonld have cost them an initial outlay of f2 000.000. By allowing its poller holders to retain, in their own possession, this excess of ?183,000, the Universal has virtually pain them a "dividend"' o? i i?o.OO?. and paid il, too, iu td7ir.ee, instesd of ?h?-end si cse or moro years. It is impossible to find any example cf a mutual company furnishing insur? ance at BO low a coat by returning to poJioy-holdors an eqnal amount upon similar receipts. 2. Participation in tho legitimate profits of the company, upon a plan which secures to the pelicy-holdere ibo samo treatment which directors and stockholders award to themselves. This system of participation, in connection with tho low "Btock" rates of premiums, moat necessarily secure to tho policy-holders every posaihle aelvantage to he derived from prudent and careful management. , Tho low rate H i ^premium con.roi economy, ?nd, Independent of participation, guarantee to tho policy-holdiY his insurance at a rato which is not in excess of the coat in well managed mutual companies: whilo, bv the proposed plan of participation in what may bo considered tho legit?malo profits of tho* business, the coat will be still further diminished. i bus bv tho combined advantages arising from low stock rate and participation In profits, it is confidently behoved the UNIVERSAL LIFE INSURANCE COMPANY offers insurance at its lowest practicable cost. . . ...... , .. Those of tho existing policy-holders who desire to participate in tho profits under tho now pinn can do BO hy making application to ' he head e.fllco, or to any agents of tho company. The company la in a sound financial condition. Ratio of aeaeta to liabilities 130 to 100. ?ar GOOD RELIABLE AGENTS WANTED, who will deal direct with tho Now York office, and to whom full general agents' commiaeions will be paid. M. W. OA HY tiul M. C. BUTLER, State Superintendents ot Agencies Office on Richardson street, oppoeitc Columbia Hotel, Commins. 8. O. Sept