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tEBMS OF TBVE NEWS.
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THE TRI-WEEKLY NEWS, pubttsbed on Tuesdays,
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- TEX WEEKLY VTS, one year $2. Six copies
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.... SUBSCRIPTIONS in alt cases payable In advance,
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" NOTICES or Wants, To Rent, Lost and Fonnd,
Boarding, Aa, not exceeding 20 words, 25 cent
each Insertion; over 20, and not exceeding 30:
words, 40 cents each insertion; over 30, and not1
exceeding 40 words, 50 cents each insertion.
These rates are Nsr, and must invariably be
paid In advance.
REMITTANCES should be made.by Post?me*
Honey Order or by'Express. If this cannot be
:done, protection against losses by mall may be
centred ny forwarding a draft on Charleston pay?
able tb the order of the proprietors of TH? NEWS,
or by sending the money In a registered letter.
Address RIORDAN, DAWSON. A CO.,
'-*.- . " No. 149 East Bay, Charleston, S. C.
TUESDAY, FEBRUARY 13, 1872.
-Gold closed yesterday at 10|al0?.
-In New York, cotton closed dull; up?
lands 23J cents; sales 583 bales.
^i^The Liverpool cotton market closed
dall; uplands 114* d. ; nearly due from Charles?
ton Hid.; sales 12,000 bales.
The Present Condition of tne South
\" .We print to-day the reports-of thePresi
.. dent- and vice-President of the South Caro
- Railroad Company, Bhowing the result,
?of the operations of the year 1871, and;
'setting forth the present condition of the.
.affairs of the company. These reports
speak for therua elves, and need no .explana?
tion. Bat stockriders. habitually think j
" lesa of what they have than of what they j
have not. We think it well, therefore, to
point'out briefly the tangible gains of the
stockholders of the South Carolina Railroad
since the war closed. They have not had a
regular dividend; bat we contend that the
intrinsic vaine of their stock increases every
year; and that any other policy than that
Which has been adopted would hare been
&Sjtotal \o their interests as would be *he
proposition to take a dividend of four per
J^? "for a few years, with the - mtjraTcer.
tainty that, at . the end, of that, period, the
stock would be worthless. A glance at the
^???ry'of the road aluce the-close ot the
war will, we think, demonstrate this fact to
the satisfaction of the most sceptical stock?
- -j '
ia- Joly i 1865, when the South Carolina
Railroad was turned over to President
Magrath by the military authorities, who for
months had held it in possession, the road
was a wreck of its former self. Eighty-five
niles of road were utterly destroyed, only
an occasional cutting and embankment re?
maining to show were the line had been.
.Afore than one-half of the entire equipment
of-Jhe.company. had been burned by the
jPederaltrpx>j^,' BJi? the greater part of what
remained was separated from the available
line by a break ot fifty miles or more. And
this was not all the loss. The road itself
was the only means of communication be
tween the' Northeastern ?nd Southwestern
sections of the Confederacy. Daring four
years it had borne the whole strain of the
government transportation,, and with no
adequate means of repairing damages, and
of maintaining the efficiency of the road.
S applies of material were obtained through
the blockade, but these were not sufficient
to keep the line ia order. Its business was
so increased that it earned nearly SQ, 023,858
Lo 1864, against $2,881,113 in 1863, and there I
'"was, at the same time, a corresponding de?
crease in the available mean B for keeping
np the road-bed and rolling stock. No
Wonder, "then, that the road was worn down,
and.that what remained of it was in no con?
dition to deal satisfactorily with such freights
-as it might obtain. It could not obtain
mach apon any terms. It had. no Northern
.and Western connections; the way qr local
-business was its sole reliance. Large sums
of money were ..needed for rebuilding and
equipping tho road. The sterling .bonded
debt, with twenty per cent of back interest,
ail payable in gold, was fast approaching
maturity. When application was made.to
capitalists in New. York, the answer was
'that the South Carolina Rai!road was not
-known in the loan market. : This was true.
It bad, before tbs. war, obtained in Charles-:
-ton ali the money that it required. As it
had hot caired upon the Northern, bankers
when it was prosperous, they declined to
aid lt in the hoar ot its sore adversity. The
.crisis had come; the situation see m ec} hope?
less. At that, time the road was bankrupt;
THE STOCK WAS NOT INTRINSICALLY WORTH
. JTVB CENTS ON THE DOLLAR. Bat the fceSI
tieri t End directors were equal to the eolCr
: gency. They mast either allow the road to
be sold io satisfy the bonded creditor?, or
they mast fight along and endeavor to save
the stock. It was at this moment that
President Magrath toi? his board that? if
they would give him three years, he would
return to them their road in a condition
superior to its condition before the war.
And nobly has he fulfilled every pledge he
has made! The South Carolina Railroad
mast work out its own salvation ! This
was the situation in 1865: No help from
abroad; caught but sneers and complaints
Work upou the road wo3 actively begun.
1U three tr iour engines and beggarly ac?
count ot carB were in constant employment,
j but, when the road was reopened
lambia, in January, 1866, the Ci
Road waa still closed. The whole to
thrown upon the Angosta Line. TL
rapidly rebuilt, and the records sh<
the South Carolina Railroad accom
more, in th? same period Of time, tha
accomplished by any other railro
the Southern country. An arrang
thought to be permanent, -was mad
the starting bondholders. The ?roa
gradually regaining the business wh
Central Railroad had 'Obtained wbil<
muoications with Char teston were
rupted. At midsummer^ 1869, the ros
in. comparatively easy circumstances
the tature seemed freetfrom canses of i
anxiety. In lb65 the gross earnings
?o?d were $1,291,56?, and in 1869
-were 1,334,248, against an income ii
! of only SI,429,756. Ont of nothing
Directors had created an income o:
teen hundred thousand dollars.
But ue w elements <of distnrbonc? wer
developed. The Columbia and Av
Railroad carno into busy competition
the South Carolina Railroad, for both fi
and passengers. As a shorter line, il
able to take away the major part <
through passenger business of the
route. This trouble was complicated b
necessity of arranging with the cr?dito
the Southwestern Railroad Bank, an
the (failure of the negotiations for thi
tension and conversion of the sterling 1
ed debt The affairs of the company
in a'peculiarly critical; condition. A
opponents were fighting desperately
every ounce of freight They boasted
the South Carolina1 Railroad was on the v
of dissolution, and that the comme
'death o? South Carolina and of Charle
would follow. They declared that we
not enough of .the .yankee in our com]
tion to enable us to hold our own with
quick-witted railroad-men of the North.
Two. years have passed,; and with v
result ? The road bas been putin firet-c
order, and,, in . point of e quip me j t,
compare favorably with any railroad in
South. ; The President has rearranged.
sterling debt, by converting it into a I
mortgage debt, apon terms alike just to t
landholders and to the company.. The I
ii li ties o' the road on account of the Sou
vestern Ralko^Bw*..,^*6 tieeQ met, 8
liaced in a manageable, shape. The bc
less connections of *he road have be
iteadiiy extended, and two feeders
he Macon and Augusta Railroad and t
? reen vii Ie and Columbia Railroad--ha
teen brought under its control. A co
roiling interest in these two lines is no
?wned by the South Carolina Railroad Cor
)any, securing it against a threatened lo
if business, which would have plunged tl
oad into financial confusion. This, i
?rief, is what the management of the Soul
karolina Railroad have done. Beginning
re may say, wilh only a huge capital?
lebts, they have armed and equipped th
oad at all points, and have enabled
o.compete successfully with its every bus
tess rival. This, as we have before ri
narked, is shown by the fact that the r<
teipts of cotton by the South Carolina Rail
oad have regularly Increased year by year
ty th? fact that the gross earnings of thc
ieorgia Central Railroad for 1871 show i
ailing off of 20 per cent; while the earn
ogs or the South Carolina Railroad foi
sri, in spite of the Charleston epidemic,
how a falling off of only 9 per cent
nd by the fact that, this season, the receipts
? cotton a? Savannah have fallen off 33 per
ent, while the falling off at Charleston is
nly 17 per cent. In one point Only have
he board been unsuccessful. They have
lot declared a dividend. The improved
onnections ot the road, its excellent equip -
neut, the gradual restoration of Southern
irosperity-these are promises of Bpeedy
ind regular dividends. It. is plain, how?
ler, that to pay a dividend which is not
?amed is only adding to the load of debt
vaich the road hos to corry. Such a course
night give relief to the stockholders for a
lesson, but it would infallibly result in the
otal loss of their property. Their stock
rrows more valuable Intrinsically every year,
ind dividends, once resumed, will continue
ust as long as the present enlightened
policy directs the affairs of the road. At
?be end of the war, what stockholder would
not have been willing to renounce ali hope ot
lividends for eight or,ten years ! Had that
been done, the President and Directore,
freed from public complaint and speculative
olaaor, would have found fewer obstacles In
their path, and would by this time have
been able, we believe, to give the stock?
holders a modest dividend. The price of
the stock would have advanced quietly and
regularly. The stock, which Bold at 80
when the road was on the brink of ruin,
would not be selling at 40 to-day, when the
prospects of the road are bright in the
It may be gathered, from' what we have
said, that we support and sustain the pres?
ent policy of the South Carolina Railroad.
This is our platform : We gr"nt thal mis?
takes may have been made, but, upon the
whole, vee regard the management of the
SouOt Carolina Railroad, since the ivar, as
eminently wise and beneficial. And this tee
say tn the interest of the stockholders, and
of the people of the Ctly and ?Slate. Nor is
ours any blind adherence to the powers that
be. "We believe that TUE CHARLESTON
NEWS was the'first paper in South Carolina
to raise ita voice in criticism o? the policy of
I tire Sooth Carolina Railroad. That criticism
was intended to advance the public good,
I ?md we cannot regret what was honestly
[.dona Bat we have been converted by tb?
logic of events. An d we ven Lu re to say that
if the critics inquired more, they woild
blame less. A rigid scrutiny of the affairs
[ of the road wonld -compol the grumblers to
admit that the President rad Directors of
the South Garolioa Railroad have deserved
weil of the stockholders ?nd of the State.
Theirs is no narrow sphere of duty. In bat?
tling for the stockholders they renew and
build np the trade and commerce of-Charles?
ton and Sooth Carolina. They have fonght
the good fight, and we Say to them-Well
WANTED, BYlZ RESPECTABLE PER
SON,a altaatljnas nurse. Apply at No.
190 Meeting street, near Qalnoun._fehl3-l
WANTED, A HOUSE OF FOUR
square rooms, within tea min?tes walk of
Chsrlestou Hotel. Address, stating location, K-y
Box No. 878. _._febl8-i?
ALADY WISHES A SITUATION AS
COPYIST, Ladles' Companion, or Govern
ts?. References given. AdUresa E, Postofflce
Key foi, f>o. 8?._.febl3-2?
WANTED, A CAREFUL COLORED
GIRL, as Nura- for a Child. .Inquire at
No. 28 Lynch street, alter .eur o'clock P. AL
TT7ANTED, SEVERAL HONEST
- YT Yootha aa Apprentices. Board, and pro?
gressive salary will be given. ARCHER'S Bazaar,
Nos. 363 and 365 King ttreec._febl3-i*
OTTO SONNTAG, DYER, WANTS.TO
refer to his Cleaning of Gentleman's COAT.-,
Pants, Ac, for the spring. Wentworth street.
near Artesian Well. _ lebia-F* J
WANTED, ONE HUNDRED MINERS,
at the works of the Charleston Mining
and Manufacturing Company, at Teu-Mlle BUL
j-outh carolina Railroad. From il ?o to $8- par
day can be made._feblo-12*.
WANTED, TOPUBCHASE FOB CASH,
a small House tn the central or western
tpart of the city. Address "Q," at this office, stat?
ing locaMon, terms, Ac._feb8.
rANTED, A SMART, ACTIVE. COL?
ORED GIRL to do housework. References
reo ired. Apply at No. 125 Quien s'reet, corner
ofTr.ipmanu ?.reet. _ feb5
[?.STTANTED, EVERYBODY TO KNOW
VT that the cheapest ?ud best warranted I
Sewlqg Machine In the market ls the HOME SUDT- j
TLK,tfirice $26 and $37: Can be seen at.the Gene?
ral Agency, No. 61 Hasel street, opposite Express
Office. T. L. BlaSELL._jan 12-6 m o
WANTED, EVERYONE TO KNOW
'.'thatFLETCHER A GURNEY, at the Little
Store around the Corner, No. 93 Market- street,
have constantly on hand a splendid assortment
ot >ew York and Domestic POOLTRY, GAME
AND EGGtf. Also, a fine lot of Sugar-Cured
Hams, Prune Go:hen and Family and Conni ry
Hatter, Beef and Pork sausages. Cheese, should,
era, Side?, Dips, Celleiy, Eggs aud Lard. GAME
a specialty. Their motto: The Best and cheap?
est. Kc member-the Little Store round the Coi nar.
(fif On Ktirl MONTHj. EXPENSES PAID,
(p O i *J ? Male or. Female Afrenta.-Horne and
i/ulntlurnlshed to sell our UNIVERSAL CEMENT,
Combination Tunnel, Button Hole cotter and
other article*. Circulars iree. Address Novelty
Company, Saco, Me. novi4-78
Cost ano ?onti?j.
LOST OR STOLEN-ALL PERSONS
are hereby warned against purchasing TWO
AU l'Es of the. undersigned, dated respectively In
April and Jane last, and drawn In favor of C.
Canty. The notes have been lost or stolen, and
Will jaot bo-pain. JOHN LUf JEN. Iebl3 8?
"TUVE DOLLARS REWARD.-STRAYED
11 or I olen from No. los Trodd street, a
^orch r>*1(?r-PuP! yellowish brownaml about
?even montos ?li: Answers to the n me of
Peat. Apply at this onic?._lebl3
LOST ON KING, NEAR RADCLIFFE
STREET, a Gold Chased Earring, with red
stoco. A rewar 1 ? 111 be given by ]rFCV.L6C ? *L
No. 621 King stn et. iebia-2* 1
LOST IN RUTLEDGE STREET, BE
- TWEEN Calhoun and Beaufain atre-t--, a
uuuch or KEYS, which the Under will please
leave at this office. febl3-l*
LOST OR STuLEN FROM W. W.
. McCLOUD, on James Islaud. on the 20th
ur January, a Black JC,NNV MULE, three years
old and Blxieen hands high. $.'5 dollars reward
will be given rur the same. Iebl8-2*
_ iror Sale.
PKI?hD UOR>ES for sale atCliyRaUway
stable?, corner King and Shepherd streets.
MULES AT KENTUCKY MULE LOT,
KING STREBT.-Weil broke Hantation
ind Timber cart Mules; low, for cash or city ac?
eptan ce. R. OAK.MAN. feblO-6?
VTEWSPAPERS.-FOR SALE A QUANTI
11 TY of the above. Apply at Board or Trade
itooms, No. 191 Meeting street. novlO-ta
rO RENT, A LARGE F?LOr?T ROGil,
furnished or unfur^?jae(j ?un ase of parlor.
tpply at No. 40 Be.-Urdiu sireet. feoia-r
??NT, No. 22 BEAUFAIN t TEE ET,
UL. two and a half strory Brick House, newjy
saluted. Apply to THOMAS FROST, Broad
A FEW BOARDERS MAY BE PLEAS
fx. ANTLY accommodated, oa moderate terms,
it lue corner of Society anl Anson streets.
EMA LE C^ITLEIG E,
REID VILLE, ?. C.,
REV. THOMAS WARD WHITE, PBBSIOENT,
(JPEN8 6TQ Ft BK L'A KV,
THE CHEAPEST FEMALE COLLEGE IN THE
SOOTH-CLOSES LAST OP NOVEMBER.
(TES CALENDAR MONTHS.)
The ^arding Department I* under the manage?
ment or au experienced gentleman,' Mr. J. S.
HAMMOND, and the charges placed at the loweot
possible figures-$12 60 per month-Including
Was laug, Fuel, Lights, ana servant*' atieuddnce.
At $1, $2, $3 and siper month respectively for
the Elementary, Primary, Intermediate and Col?
legiate Departments. Laun, Greek, French and
German taught In the Collegiate Department
without any extra charge. Music $4 per month.
Matriculation Fee, $2 (for.the year )
The village of Reid ville ls situated la a high,
dry, healthy section of the State, iiistaut twelve
miles Jrom Spartanburg Courthouse on the one
bide 2"? twenty from the City of Greenville on
the 'other, and ls lu dally mall communication
with both placea.
A public conveyance leaves Sparlanbnrg Court?
house on Mondays, Wednesdays and Fridays;
Greenvll e Tuesdays, Thursdavs and Saturdays,
passing Immediately by the Village, golug and re
Yon.sg Ladles from abroad board in the house
prepjred lor their reception-a large, commodi?
ous, comrortabe bulldlug-and are uuder the
special care of the Pi Incipal or tue lustluii lon.
Pupils received at any period, aad are charged
ouly from the time at which they enter.
Fur further lulormatiou addi es? - ?
W. A. HARRISON,
Secretary Board oflrusieea,
hetdviile, S. C.
N. B.-The President will leave the Nickerson
Hotel. columbia, 011 FRIDAY MOUNINO, first of
March, and take In charge any pupils Intended
lor Rekivllie. The Co.lege Omnibus meets pupils
at Spartanburg Courthouse, and take3 them out
FREB OF COST. - .. _feb 12-3
agncnimrt, ^orticuiturt, Ut.
TTFIJJLI AM ?'?ITGU S O N,
FLORIST AND GARDENER,
SPHINQ STREET NEAR RUTLEDGE.
A choice assortment or ORNAMENTAL TREES
Roses', snrubs, Piuic Trees, Bouquet, Camella,
Flowers, Greenhouse Plauts, Ac
Catalogues can bc gut ou the premises.
FRIENDSHIP LODGE, No. 4, KNIGHTS
OP PYTHIAS.-Arten-1 your Regular Week
I ly Convocation, at Pythian Hall, corner or Society
and King streets, THIS NIGHT, at i oViock. .
U. H. FLYNN,
jan23-tu _ Recortilpg acribe.
rTlHE ANNUAL MEETING OF. THE
X Stockholders of the Sou ttl Carolina Rail?
road Company and of the Soaihwestern Railroad
Bank will he held at the southwestern Railroad
Bank, Broad street, TRIS DAT, 13th instan:, at ll
o'clock A. M.*
on the following day an election will be held
for Fifteen Directors of the Railroad Company
and Thirteen Directors of the Banu.
stockholders will be passed over the road, to
and from the meeting, free of charge.
The proposed Amendment to Article 1. Section
1 of the By-laws, changing the time of the annnal
meeting, "by striking out February, on second
line, and Inserting April," will come up for ac?
tion at thu meeting. J. K- EME KY, .
febia . ...... secretary.
OFFICE HOWARD ' .ASSOCIATION,
CHARLESTON, FEBRUARY 13, 1872.-A
Special Meeting or the Executive Committee or
tula Association wilt be : held THIS DAT, at the
Hall of. the Chamber of Commerce, ac 12 o'clock
I M. .. GEORGE S. PELZ ER, M. D.,
QT. PATRICK'S BENEVOLENT SOOIE
0 TY.-A Regular Monthly M-.etlng of your
Society wUl >be neld THIS (Tuesday) EVENING, at
Hibernian Hall, at hair-past 7 o'clock. Members
will please be punctual In attendance.
febl3_W. BAKErt, secretary.
NEW. ENGLAND SOCIETY.-AN AD?
JOURNED Meeting or this Society will be
neld at the Charleston Botel Tuis (Tuesday) EVE
NIKO, at 7 o'clock. A ftuTattendancti ls particu?
larly requested, as business ot great Importance
will be brought up tor consideration. .
By order or the President.
1 fet>13_. _aecietary.
HOOK AND LADDER COMPANY, No 2
Attend an Adjourned Meeting of your Com
pauy, Tau EVEKING, 18th last., at 7 o'clock.
reoi3_JOHN BURKE. Jr., Secretary.
ERLIEF LOAN ASSOCIATION.-A
?, Special Meeting of the Stockholders of this
Association WUl De held on THURSDAY, 16th In?
stant, at hair-pa?t 3 P. M.. at the Hall or the
Charleston Hook am -Ladder Company, No. 2,
wentworth street, near King Btreet, for the pur?
pose of accepting the Act oi the Legislature re
vlviug the Charter of the Association; receiving
the Report of the Trastees; electing a Board of
Directors, and the transacting of auch other busi?
ness as may come before lt.
WM. B. STEEDMAN,
RALLY 1 WARD ONE.-A MEETING
of the Republican voters of this Ward will
ti? neld at No. 12SC Michael's alley, Tata EVE?
NING, at half past 7 o "clock, for the purpose of
-electing Six Delegates to the County Convention,
to be holden on the 16th instant at Military Ball.
ftbl3-?_J. J. iQUNO, President.
BEPUBLICANS WARD 2.-A MASS
Meeting of the Republican voters of Ward
2 wdl be held THIS EVENING, at 7 o'clock, at the
usual place of meeting, for the purpose of electing
MX Delegates to the county Convention.
F. M. JOHNSTONE, Secretary.
E. W. M. MACKEY, Chairman._rebl3
WARD 3.-THE REPUBLICAN VOT?
ERS or Ward 3 are requested to assemble
at Howard's Hali, Meeting streets. THIS EVENING,
at half-past 7 o'clock, .'or the parp?se of electing
Six Delegates, to meet in County Convention at
Military Hau on the 15. h instant.
By order. c. S. MILLER,
febi3 *_ Vice President.
"?ALLY I WARD FIVE.-A MASS
XV Meeting of this Ward will be held TO-NIGH T,
at Ashley Hall, King street, opposite Radcliffe, at
7 o'clock precisely, for Election or Delegates to
: By order. ROBT. HOWARD, JR.,
ATTENTION, BEPUBLICANS I-THE
Republicans of Ward 5 will meet at Cleary's
Hali, King street, THIS EVENING, at half-past 7
o'ci ck, :or the purpose of Electing Delegates
to Convention. By order of President.
CALL FOR A REPUBLICAN COUNTY
CONVENTION.-CUARLKSTON. S. C., FEB?
KL A RY 5,1872-By vlrtae ot -the authority vest?
ed lo me. and pursuan t to the. call of the State Ex?
ecutive Committee for a State Convenir n, to be
heid In Columbia on i hi mt ti Instant, to elect Del?
egates to the Natlqnal Republican Convention, I
hereby call upon the Repnbllcau voters of this
County to nnet in their several Wards and Pre?
cincts, at usual places of meeting, on TUESDAY,
the 18th Inst at. t, for the purpose of electing Dele?
gates to a County co^Teutlon. to be held at Mili?
tary Hal!, in the City of Charleston, on Thursdav
4tl1 February. 1872. at S o'clock.
E*cn Wara ia xho u?.y yr Charleston will elect
..nJ&'fri?'1??.,'0!?* Del???es. SS ?OlloWB: Twp
at the Fifteen Mlle House and two at the Four-Mile
St. James' San tee, three Delegates.
St. stephen's, three Delegates.
St. Thomas and st. Dennis, three Delegates.
Sr. Andrew'.', six -Delegates, as follows: Three
by the voters or James Island, at the Cross-Roads,
and tnree'by the voters of Mainland, at the Club
St. James Goose Creek, eight Delegates, as fol?
lows: Two by the voters or Ulck< ry Bead and
Cross-Roads, at Dean Swamp; tiree at Whaley's
Church; two at Summerville, and one at Wassa
fer. John's Berkeley, nine Delegates, as foUows:
Four at strawberry Ferry, one at Biggin Church,
and four at Black oak. '
St. John's follet?n, twelve Delegaten, as follows:
Five by the voters of John's Island, four by the
voters or ?.disto Island, and three by the voters
of Wadmalaw Island.
On account of the numerous complaints made
to me of the Insufficiency of the time allowed by
my previous cati, the same ls hereby rescinded.
lt- H. CAIN,
Chairman of the Union Republican Party
febS-tuthsmcas or Charleston County.
pERROTYE8 EXTRAORDINARY 1
Knowing the want long felt in this city for a
FIRST CLASS FERROTYPE GALLERY, we have
elegantly ?ttei op, with new and costly appara?
tus, Ac, the Gallery known as the EAGLE GAL?
LERY, in Spear's building, King street, opposite
Uasel stree-, and, untu further notice, will make
Pictures at the following prices, hitherto unheard
jf In this city, viz:
FOUR FOR ONE DOLLAR.
EIGHT FOR ONE DOLLAR.
SIXTEEN FOR ONE DOLLAR.
THIRTY-TWO FOR ONE DOLLAR.
Finished in the best style In a few minutes at
SO ?D ER'S FERROTYPE GALLERY,
NO. 265 KING STREET,
Over Spear's Jewelry Store, next to
SOUDER'3 PHOTOGRAPH GALLERY.
Don't forget the number,
3 6 5.
Jg ALL, BLACK ? CO.,
NOS. 566 and 587 BROADWAY, N. Y.,
LARGEST IMPORTERS, M ANUFACTURERS AND
AND ALL KINDS OF
At the Lowest Prices.
Oiflara, ?tobttcro, ?'t.
TAIL MANUFACTURING CIGAR AND TOBACCO
So. 310 KING STREET, THREE DOORS SOOTH or
MEERSCHAUM PIPES a specialty, therefore
can sell at prices to surprise yon. suitable for
An extensive and complete assortment of all
articles In hts line of business ls kept constantly
on hiind, giving a facility of lining, without de?
lay, ah orders extended to bim, accompanied
with cash, or draft on responsible houses in the
city. Purchasers are requested to examine his
perrect Stock before trarlinit elsewhere.
Proprietor or Emperor William Cigar Store,
jgj_RAND ju?SQUERADE: BALL
GERMAN RIFLE CLUB,
FEBRUARY 29, 1872,
ACADEMY OF MUSIC.
Tickets of Admission may be obtained from the
F. Ansel, H. w. Mollenhauer,. F. Kellner, D
Goetgen, F. Hel:z, W. Fischer, D. Nordmeyer,
Theo. Melchers and R. Issertol; also from Mr. F.
Yon Santen, King, nf ar Market streets.
^CADEM? OP MUSIC.
First Appearance in'this city of the 'Undisputed,
and Regal queen of English Tragedy,
JA NAU SCH ECK,
Supported by her New and Most Brilliant
NEW YORK STAR O O MP A NY.
MONDAY, February 19.Mari Stuart.
TUESDAY, February 20.Deborah.
WEDNESDAY, February 21.Chesney Wold,
(Au Adaptation of Chas. Dickens's Bleak House.)
Tn CBS DAY, February 22.".Macbeth.
Admission Si; Reserve! Seats 60c extra; Fami?
ly Circle 60c; Gallery 25c
The Sale of Reserved seata will commence on
THURSDAY MORNING, 15th matant, at the Acade?
my of Music febl2-8
rJTVWENTY-SEVENTH ANNUAL REPORT
NEW YORK LIFE INSURANCE COMPANY,1
NOS, 340 and 318 BROADWAY.
JAKUARY 1, 1872.
Amount of Net Cash Assets,
January 1, 1871.815,070,097 90
Premiums and Annui?
In ten st received and ac?
crued, Including pre?
mium on gold. Ac.1,149,416 57-7,181,296 89 I
Losses by death.:..$1,318,958 08
and cancelled poll*
clea. 1,105,854 64
Li'e annuities, matured
endowments, and re?
insurance. 38,820 35
Dividends to policy?
holders. 849,078 43
ages, and agency ex?
penses. 503,867 73 1
Advertising and phyel
i clans'fees. 96,587 35
Taxes, office and law
printing, rev e n n e
stamps, Ac. 253,899 91-4,167,646 49
Cash In Trost Compa?
ny, lu Bank and on
hand.$ 1,845,002 15
Invested in U n 1 r. e d * .
States, New Yo k
State, and other
' stocks (marketvalue
$4,751,182 88) Cost.. 4.616,762 43
Inveswd In New York
City Banks Stock
(market value $46,
42?) COSt. 41,549 00
Real Estate in the Olty
or New York. 1,768,174 14
Bonds and Mortgages
(secured by real es?
tate valued at $20,.
000,000; build Inga
thereon Insured for
over $8,000,000, and
the policies assigned
to the company aa
security. 8,314,820 00
Loans on exist lu g poli?
cies. .(The .ieserve
hel l by tuc company
on these same poli?
cies amounts to $3,
858,980 21). 950,636 99
Quarterly and semi an?
nual premium, '?'lt
subsequent to Janu?
ary 1, 1872..... 060,581 17
Prem?ame on existing
policlei In hands of
agents and In course
of transmission .... 330,355 73
Amounts due from
agents. 48,839 61
Interest accrued to
January 11872. 77,016 14-18,6:9,747 86
Excess of market val?
ue of s?curit?s over
cost. 114 021 40
Cash assets, January
1, 1872. $18,803,768 76
APPROPRIATED AS FOLLOWS:
Amount of Adjusted i
Los res due subse
qu< nt to Jau. 1, 1872.$ 212,890 00
Amount or Repor ed -
proof, Ac. 127,900 00
Amount reserved for
Reinsurance oa cz
ls lng Pal?ele s, Insur?
ing $112,150,076 80,
ance (at 4 per cent.
Carlisle net pre?
mium,) $1,004.783 65,
5 per cent. Caillsle
net premium). 16,841,177 21
Balance or He tu rn pre?
mium, 1871, payable
during tne year 1872. 133,66712
- 17.816.634 38
Daring the yeer 8908 Policies have been Issued,
Insuring $24,6J8.305 84.
From the undivided surplus of $1,488,134 43
the Board ol Trustees have declared a DIVIDEND,
available oa sentiment or next annual premium
to each participating policy proportioned to Its
"contribution to surplus."
Dividends not u-ed In settlement of premium
will be added to the policy.
MORBIS FRANKLIN, President of the New York
Lire Insurance Company.
DAVID Bows, (David Dowa A Co., Floor Merchants)
20 Sou: ti street.
SAAc c. KENDALL, (Merchant) Union Bandings,
corner William and Pine.
DANIEL S. MILLER, (Late Dater, Miller A Co..
HENRY K. BO?ERT, (Bogen JA Knaeland) 49 Wil?
JOHN MAIMS, (Merchant) 20 South street.
WM. H. APPLETON, (appleton A Co, Publishers)
549 and 551 Broadway.
ROBERT B. COLLINS, (Collins A Brothers, Station?
ers) 370 Broadway.
WILLIAM BARTON, ?Banker)88 Wallstreet.
UM. A. BOOTH, (B. oih A Edgar) 100 Wall streit.
GEORGE A. OSGOOD. (ERL ker) 35 Broad street.
BENKY BOWERS (Banken 35 Broad street.
CUAS. L. ANTHONY, (Anthony A Hall, Dry Goods)
61 Leonard street.
SANFORD COBB, President Eagte Fire Insurance
Company, vi Wall street.
EDWARD MARTIN, (Cragln A Co., Provisions) 400
West Twelfth street.
EDWIN HOYT, (Hoyt, Spraguea A Co., Dry Goods)
loo Franklin street.
H. B. CLAFLIN, (H. B. Clanla A Co., Dry Goods)
corner church sad Worth streets.
J. F. SEYMOUR, (I. F. Seymour* co.) 78 Warren
CORNELIUS R. BoosRT, M. D . 8 St. Mark's Place.
WILLIAM H. BBBKS. Vice-president of the New
York Life Insurance Company.
MORRIS FRANKLIN, President.
VVILLIAM H. BEERS, Vlce-Prea't A Actuary.
THEODORE M. BANTA, Cashier.
D. O'DELL, Superintendent of Agencies.
CORNELIUS B> BC ?B RT, M. D.. ) Medical
GEORGE W1LK.ES, M. D., J Examiners.
CHARLES WRIGHT, M. D., Assistant Medical Ex?
THOMAS FROST, General Agent,
feb!3 No. ?4 Broad street, Charleston. S. C.
Notices in jBankropicrj.
IN THE DISTRICT COURT OP THE
UNITED STATES, FOR SOUTH CAROLINA.
JANUARY TEKM, 18 r.'.-In the matter of MAURICE
STRAUSS, ofCharleston.S. CBanfcrupr.-Petition
for full ami anal discharge In Bankruptcy,-Order?
ed, that a hearing be had on the FOURTH DAY OF
B ARCH at Federal Courthouse m Charleston, s.
C., and that all creditors, Ac, of sal l Bankrupt
appear at said time and place, and show cause, lt
any they can. why the prayer or the petitioner
bhoultl not be granted.
By order of the Conrt, the 12th day of February,
A.D. 1872. DAN'L UOKLB?CK,
Clerk Of the District Court of the United
febi3-ta3 States for South Carolina.
ROSPE C T TJ S .
CHARLESTON DAILY REPUBLICAN.
We propose to Issue on MONDAY next the ant
na mtier of au Afternoon Paper in tue City of
Charleston, This Journal win tea revival of the
Charleston Dally Republican, under better,
auspices, we hope, and on a snrer basis, vre ar?
ulan to announce, as an earnest o? success.-that ,
the enterprise has met with the most cordial as?
surances of snpport from Democrats as well as
The principles of : bis, paper will be thoroughly
Republican, and we will strive to square1 Its
course with the doctrines of that grtat! party :
which saved the nation in tts .hour of peril, made
it honorable at home and respected abroad, which
has enlarged the limits of ci vn liberty within our
own. borders, and furnished Lew ideas on the
subject to the world. .
We shall strive to Illustrate that liberality of
sentiment: which believes.t'aat men may disagree
with regard to public measures, without the ran?
cour of bitter hostility ;;and we will always be
ready to extend the largest charity towards opln-:
lons which we may even deem unwise If only we
are convinced that they are' honestly entertained.
We believe, and will maintain, that the present
State Administration has contributed largely, to
the Improvement of all our people-especial! j of
the bumbler classes, both white and colored, to
whom it hov br wise and wholesome l?gislation,
afforded an equal chance In the race of life; and
sure and just, protection tn all their rights and
While w? will not attempt to deprecate the ex?
alted qualities of that class which, up to the late
: revolution, ruled the iBtate-qualities, indeed, of
which we are Justly proud-yet we cannot con?
sent to ? acrlflce the welfare of the1 mats of the
people to any Individual development, however
splendid and pre-eminent. We will contend that:
the civilization of this State, np to the rise of the'
Republican party within na borders, was narrow,
excludive and selfish; and that rt tended, In equal
degrees, to the elevation of a few dnd to the de-,
pression of the many. We hall'at present with
Joy, and will strive to foster lt In the future, the
rise of the lower classes or the State, both white
and colored, from their loog humility no der evil
institut lons to foll citizenship and comp etc man?
hood. We rejoice |n the abolition of slavery as.
removing a moral stigma from onr national char?
acter, and lifting an incubas from our industrial,
pursuits. . ?
We will spare h either labor nor expense to.
make the Dally Republican a lively and : lnstrac-.
tlve sheet, and we will strive to adapt , lt to the
tastes and necessities of all our people.
The Weekly Republican will be issued every Sat?
urday, and will contain, lu a?dltlon to the news
of the week and fnll editorial matter, an abund?
ance of well ' selected light reading; which I will
make lt an acceptable companion.m every house?
hold in the State. ~
In conclusion, we call upon all liberal moderate
and enlightened men, and especlally-opon all trae
Republicana, to lend us a prompt and foll sup?
port. . ?
SUBSCRIPTION RATES BY MAIL.
FOR DAILY: *..
One year.ti M
Six months.. 4 OQ
Three months.3 00
By carriers In the olty 15 cents per week.
One year.$2 oo
Six .months..!..1 26
Business Notices 26 cents' per line.
Special Notices 15 centa p?r llne.' : "
General Advertising $1 per Square<oae inch.),
Special Inducements to those wishing to Adver?
tise by contract. . . :.: Ttl. -'.'
Address, ., DAILY, DE PUBLICAN, j
P. 0. Box No..407, Charleston, S. C.
'49" Office corner Meeting and Market streets,
np stalis. (at the old stand.)_ febla-6
Grocer ies, ? iq nora, &z.
I L S O N S'
OAS ED LIQUORS
Having long seen the neoessitj .of placing a
pnre and unadulterated stimulant before the
public, for MEDICINAL PURPOSES, we have de?
termined to pack the following favorite branda or j
LIQUOR In cases, consisting of one bottle each
PINET,~CASTILLON A CO.'S BRANDY,
PRIVATE STOCK PORT,
"PALE FAMILY" SHERRY,
"OLD VELVET" BOURBON,
LOCH KATRINE (SOOT.) WHISKEY,
Which we wlU sell at ten (IIP) dollars per case.
To our friends we will say that we guarantee the
purity of the above, ?hey are endorsed by onr
leading Physicians, and are, without any doubt, j
SEND ORDXRS TO
BOX No. 383, CHARLESTON, S. 0.
MW No Charge for Delivery.
TJ S T RECEIVED
LINLEY'3 CHEAP STORE,
NO. 190 KING 8TREET.
10 FIRKIXS STRICTLY CHOICE OBANGB
Which will be sold at the low figure of
THIRTY-FIVE CENTS PER POUND!,
THREE POUNDS FOR ONE DOLLAR.
DAVIS'S DIAMOND HAMS, AT 16c PER
Extra Sugar-Cured PIG HAMS, (unbagged,) at
Good sugar-Cured Pig Hams, warranted, at
12>?c per ponnd. ' M
For sale by W. H. WELCH,
Corner Meeting and Market streets.
Goods Delivered Free of charge.
?J^ORTH CAROLINA CORN WHISKEY.
at $2 per Gallon, a Specialty. Guaranteed Pure,
at WELCH'S GROCBP.Y.
Goods delivered free of charge, de&s
Cmtriiw, tiepurttt itt.
J) RIME HAMS, Bj&BS AND SHOULD
15 .tierces Old, Sellable s. ?. HAMS
20 h .ids. Prime CB, sides and shoulders
50 boxes Prime D. g. c. H. aides and Sbonlders
io tierces Extra Wasnrngton-s. a Hams.
Jost received and fot sale by
"febl3-tntE2~ " LATTKEY," ALEXANDER A CO.
^TERT CHOICE Sr^PLTES.
- naives, quart era land efghth-bblsJ Very Choice
Famuy Pickled BEEP '
- bbla. or Hams and Shoulders -
-.boxes Choice Smoked Tongueju ....... . .
' Ali the above ?r? cored'wita White Sugar, and
are very choice good3. ! Fbi sale by
febl8-l_ HENRY COBLA A CO.
gEA ISLAND COTTON SEED. .
selected "Exselaior" COTTON SEED for sale.
Apply at NO. ICG EAST BAY,
febl8-l_Corner Accommodation Wharf.
?J0RN, . ' OATS AND FLOUR/
j coo bushels Whit? CORN
??ooo bushels Oats
. . 260bblfl.pionr. . ..
Landing and for rale by
HERMANN BUL WINKLE.
febl2-2_.. ,,". .Kerr's, Wharf..
- jilNE S. L COTTON SEED FOE SALE.
. loo cupels "CHAMPION" SEED-crop sold at
51 u per pound. '
i r? Apply to GAILLARD A MIN OTT, ja
?fth!2-2 _, , Boothera Wharf. ?
/2J.OSHEN AND WESTERN BUTTER. ,
Xaridlng and for sale by 0
. v, " " - ADOLPH NIMITZ, ?
Iebl8-8_No. 208 East. Bay.
ATI HAY! HAY-I ^~
: lop baieaarlme N. R. HAY. Por; sale low while
landing by .... WM. H. JONES A CO., -
_ febl8-l_ Na 76 East Bay.
ISL1L L1 N G ^ ? B N> ?
' ' looo-boaheis* Prime White MILLING' CORN, for
tale,by. r ; W. B. SMITH A CO., .
feM8-i . "Napier's Bange?
JJENRY COBLA & CO.,
NO. 28 VENDUE RANGE,
Have in store, and offer for sale, a; lowest mar.
kei prices: i
50 nods..' CHOICE ?. fc SIDES
26 hhds. Choice Shoulders
40 boxes Choice D. s. Shoulders and C R. Sides
26 tierces SiC Hams^Choice Brands iu
loo barrels Choice 8, H. syrup-and Muscovado
25 hhds. Dem er ara Sugars.
160 boxes Alamantlne candles.
60 bags .Java, Lagusyra and Rio Correes ?
Soap. Starcli, Lard, Ag.rAcvr feW-stuthS
^?TER Y PRIME S ? ED Rip E?
loco bushels very prime SEED RlOEr, very pure,
and free of red.! Apply to v. . .. i?
i n^ J' ft PH???? A SON, ,
jan27-8toth , No. 6 Adg?r!fl North Whare.
"PAPON/FLOUR, SUGAR, COFFRE, ?C
25 badi. Primo C. R. SIDES
20 hhds. Prime Shoulders
so boxes E?. S. Shoulders '
100.. tl n rees Le af Lard
200. bbls. Flour
50 bois. Sugar "
60 sacks Rio Corree ..
loo Ursina Choice Butter. .
50 boxes Factory Cheese. 1 . '
fig F** Dy JEFFORDS-A CO., <
,, febl2-6 . Nos. 17 and la-Yendne Bangs. ?
JgACON, FLOUR; *c.
Choice BACON O. R. AND SHOULDERS,
Choice Dry Salt Mt ats,
sogar, . Cheese,
Barrel Pork, Fish,
Axle Grease, Ac, Ac.
Choicest'Brands WESTERN 3. C. HAMS, cati*
vaned. Also Breakfast1 Bacon constantly'oin
hand. . . . : . - I
We Invite purchasers to examine our stock. -
MACQUEEN A RIECKS, ?
Nos. ai and 23 Vendue Bange
f3ts-lmotuths2mo3 . .
O A L I GOAL 1 COAL!
100 tons Best SfDNEY COAL, inlotstosaltpur
chaaers, for Bale cheap to cloae.conslgnment,
. ' Apply to HENEY CARD. '
febB . _Accommodation Wharf. .
LIVERPOOL SALT,In fine sacks and good or?
der, for sale In lots to suit purchasers.
feb3. . ,. RAVENBL A CO. ,
pRIME EASTERN HAY.
For sale In lots to snit purchasers, per bark
Windermere, at Southern Wharf. * ' ? "
feb!_ JOHN H. HOLMES A CO.
lg A LT! SALTI SALT!
I860 sacks Liverpool SALT, now landing frons.
Bark,Windermere, ror sale oneap frcm wharf ;a
lois to suit purchasers. . " \
: Apply to . HENRY CARD, ?
feb8_ Accommodation Wharf. :
HORSFORD'S SELF-RAISING BREAD- '
GANTZ'S SEA FOAM.
For sale by W. H. WELCH. .
febio_ ... ._??
gUGAR AND MOLASSES.
7s hhds. New Orleans SUGAR
48 hhds. Demerara Sogar
146 bbls. New Orleans Molasses. - -
in stol e and for sale by O. F. WEITERS,
jin24. ._No, 189 East Bay.
JURIED FIGS, IN DRUMS AND BAS
KETS, at Cost Price; at
CHARLESTON, January 200872.'
The attention of Depositors In the Savings De*
part ment of this Company ls particularly invited
to the great safe ty accompany lng the Deposits ol
Savings made In this instit ution.
These Deposits are'regarded by the Board of
Directors as a Special Trust, and are invested
only in sound and .valuable Securities.
In addition tb thia careful Investment, Deposi?
tors have, as a further security, the- Capital Of the
Company, which ' ia liable for their DepoaltB and
the interest thereon. '
Interest at the rate of six per cent., per anrrsm,
either; paid In-cash QUARTERLY, or passed to
credit und xonpoundei. F. A MITCHELL,
REAL ESTATE, STOCK AND BOND BROKER
AUCTIONEER,'No. 24 BROAD STREET.
Special attention given to the Salo ana Pur?
er a-;e of REAL 'ESTATE, Stocks, Bonds and all
kind cf securities, at Private sale or-AnoUon. . i
Loans negotiated and advances made on Se?
curities placed la my hands for sale.
??ONDS, COUPONS, &C.
GOVERNMENT, STATE; CITY AND RAILROAD
Cn cur rent Bank Notes
Gold and s tiver
. . Land warrant?
Dealt regularly m..
COLLECTIONS OF DIVIDENDS, COUPONS AND*
COMMERCIAL PAPER-Slgb: and. Tlme-upon
ail points In the United States, made upon tao
most favorable terms, and proceeds promptly ac?
' 4ar AU business attended to with' fidelity ??d>
A. 0. KAUFMAN,
de so tut hs No. 25 Broad street*