THE PITTSBURG DISPATCH, THURSDAY, JANUARY 15, 189L THE ENTESTMEtfT FEATURE OP Life Insurance Policies. Very few aeents or companies offer their policies ic-aay solely cs a protection to me lamily, or dwell upon their adaptation to that purpose, or urce them for that motive. The policies or "bonds" or "consols" of the eager jrreat rivals are offered as an in vestment to xhe taker, upon a figured esti mate of their future outcome, and are urged for the personal profit ot the taker. In legitimate mutual liie insurance, the j early death losses, expense, and interest earn ices are care ully adjusted, and the re sult apportioned to etch policy, so that each person is yearlycharged nith juatthc yearly cost of carrying his risk, and tyfe remainder of his premium is remitted by way of a divi dend. He thus knows the exact cost or his insurance from year to year and pays that, and no more. But the "investment policies," "bonds," "consols," etc., adopt a contrary course. The entire annual premium or "install ment" is to be paid in full without any re duction lor the entire "investment period," ten. 15 or 20 years. Xo adjustment or ap portionment of looses, expenses or earnings is made during that period; no dividend de clared or paid; no means of ascertaining what the cost of the operation is from year to j car; no means of knowing what the real outcome of the speculation is likely to be, lor no statement of account can be called for Ijv any person either during the "investment period" or at its close. The holder of the policy or "bond" or "consol" has to bind himself in advance in his application to take whatever is given him as the profits of his venture witbout account or question. IS THIS INVESTMENT OE SPECULATION? Investment, in the proper and conserva tive sense, means putting money into a scheme of use, the expenses,profits and losses of which are well foreseen, the fluctuations capable of reasonably safe predetermina tion, and themselves, therefore, capable of being so weighed and balanced that a profit able result can be forecast within a safe margin. Speculation means putting money into a scheme, the expense, profits and losses of wnich ire not well foreseen, or are likely to fluctuate so irregularly, widely and uncon trollably that they cannot be truly weighed and balanced, nor the outcome brought into nny margin of safe calculation, a scheme in which gain and loss arc alike possible and alike uncertain both as to fact and the degree of either. Investment knows and weighs the chances and ascertains the balance to be safely on the right side. Speculation does not know and cannot weigh the chances, but simply take them. HOW CAN A LirE INbUEANCE COSirANY MAKE MONET? It has two things to do; it has to pav losses and expenses. It charges a premium calculated to cover the losses and the ex penses. It knows from its mortality tables what the losses will be within a safe margin; it makes the expenses much or little, as it chooses, within certain limits. It esti mates a percentage which they ought not to exceed and add" that to the premiums charged to cover death losses. Out of these premiums the company pays its yearly death losses, its expenses, and also furnishes the reserve to provide for the greater mortality when its risks get older and for the maturity of the endowments. This reserve it can invest until it is needed, and it i, therelorc, calculated on the as sumption that it will earn some certain rate ot interest while held. If now the death losses have been less than the table ciiled for, aid the expenses l.ave been less than was provided lor, so ltiucli o! the preuium will have been saved, and can be returned to the insurer. But it is not a profit to him. It is simply a saving from the anticipated cost of cirry inc liis insurance. But nis insurance is an xjwnse to him just as his fire iusurance is. The premium returned to him is a reduction of the expense, not a profit. Ii the rate of interest earned is greater than that assumed, the excess is in the nature of a profit. For example, if thecom jiany assumes that each man's reserve is giiug tb earn 4 per cent, and it does earn 5 per cent, then it puts the 4 per cent into the reserve, and the extra 1 per cent is surplus and can be turned back to him with the sav ings irom losses and .expenses. This surplus interest is usually called a profit, and is in the nature of a profit, though its actual use is merely to reduce the cost of carrying the insurance. It is, however, the only profit there is to the insurer. All else is'cost of insurance; paying expenses, and helping jay other people's losses until one's "own tunc comes, when others will pay that loss. How can this operation be converted into n profitable investment for the insurer him telt? It protects his family and is, therefore, in dispensable; but how Jean he make money out of it? EXAMINES. Several of the great companies are offer ing under different names the same "invest ment policy," "bond," etc For illustration ot the whole matter we will select what is, in fact, a 20-year endowment policy, with no uividends until the end of the 20 vears. THE ESTIMATED ADVANTAGE. Take a man aged 30, insuring lor $10,000; lie is to pay 20 premiums of 400 each. The tolicy contract is to pay him 10,000 if he lives and keeps up his policy through the 20 years. But the company "estimate" that by leaving all his savings and interest earn ings with them all that time, they may pav linn an additional 57,060, or a total of 517,000, which would he equivalent to com pounding his payments at 4.92 per cent. HOWCAN THEY DO IT AND 1 AY EXPENSES? This rate ol interest, 4.92 per cent, is more than the average rate these companies are now earning on their assets. But aside from that fact, the expenses ol the business and the death losses have first to be paid. In these particular companies the expense ratio is about 20 per cent, or one-filth of tneir entire income. Out of every dollar of premium and every dollar of interest 20 cents is taken for expenses, leaving only 80 rents of each to pay losses and provide the final payment. That is. out of each pre minmofS496 these companies can use for the fulfillment of their contract and "esti mates" only 5096 80. This would have to be compounded at 6.83 per cent to produce the estimated 17,060. if no expenses came out of the interest, but one-fiith of that goes to expenses also, so that to realize the 17,069 and pay expenses the premiums must be compounded at 8.54 per cent, or greatly more than the rate they are now earning. HOW MDCII CAN THEY DO? These companies, under present condi tions, can hardly hope to decrease their ex pense account or to earn more than 5 per cent interest on their assets for the next 20 years. Assuming that tbey are certain to earn that much, and taking out 20 percent of premiums and ot interest for expenses, and providing for expected losses, the result at the end of the "investment period" would be just 10,817, instead of the "estimated" 17,000, a shrinkage of 6,243, a result not iil u. 1 1 to the premiums compounded at 1 per cent. In what sense can this be called a profitable investment for one's sell? How can any purely financial operation one that is not a manufacturing mining, or other wise productive business adventure that has to bear such an expense account, be con sidered as a profitable investment? HOW CAN THEY MAKE UP THE SHEINK ACE OF C,243, to realize which would require them not only to do business witbout any expenses at all, but also to earn fur 20 years a greater rate of interest than they have any reasona ble hope of doing ? THE EXACT EFFECT OF THE EXPENSE ACCOUNT OF THE INVESTMENT. These companies, having to use one-fifth ol every premium and interest payment lor expenses, and earning, say, even 5 per cent interest, can be certain of producing no more than 10,817 in 20 years. A savings bank paying its depositors 6 per cent interest, after paying its slight ex penses, could take the same premium, pay the same losses, and return at the end of 20 years 15,997 instead of 10,817. A savings bank paying only4per cent in terest could take the same premiums, pay the same losses, and return at the end of 20 years 14,174 instead of the life insurance company's 10,817. THE WHOLE TEUin IS that no financial operation which has to bear life insurance expenses can or ought to be called an investment, and that no man can justify his judgment as an investor when he pays life insurance expenses for the accu mulation of his money, or for any other purpose than providing his family the pro tection they need and cannot get otherwise than through lite insurance. It is a finan cial absurdity. But the question still remains, how do these companies which upend one-fifth of their entire income for expenses aud can earn certainly no more than 5 per cent, for the next 20 years, and so cannot safely prom ise to return more than $10,817 and really do contract to return only 10,000 expect to make the 6,243 more than their true appar ent abilitv to earn, and 7,060 more than they dare contract to pay? THIS IS WHERE THE SPECULATION COMES IN. And it is this: They know that some will die during the 20 years; they expect that some, possibly a considerable number, will have to let their policies lapse during that time, some of them, perhaps, after making large payments. So it is agreed that each policy bolder will leave all his surplus earned on his policy year by year with the company for 20 years; if he dies during the time, it is to be forfeited to thecompany; if he lapses, it is also forfeited, and there is forfeited besides all of his reserve unless he applies for a paid-up policy within six months, in which case he forfeits abont one third of his reserve In addition to all his surplus. This is the speculation; and, for the sake of it, the insured pays each year more than the yearly cost of his insurance by the amount of surplus earned or saved, and runs the risk of losing it all if be dies or lapses, and he also runs the risk of losing all, or a considerable part, of the paid-up insurance which be would otherwise get for his family in case of lapse, in the hope that he won't die or lapse aud will share the forfeitures of those dying and lapsing, and in the hope that these forfeitures will be so large that he will make money thereby. Evidently, the scheme is totally opposed in spirit to true lire insurance, and could not beunderstandingly engaged in by any man solicitous for the thorough protection of his family, or at all scrupulous about stripping other families of their protection, or by one at all careful to pay for his insurance only what it costs or desirous of knowing what it is costing year by year. But, granting a man's willingness to speculate with family protection for the sake of aresult whicb.if realized, isonly 4.92 percent annual interest on his payments, WHAT ABE THE PROBABILITIES OF SUC- We can judge only by the past. Two of these companies have been engaged almoit exclusively in this speculative life insur ance for 20 years already. For nearly all that time they forfeited all the reserves of lapsing policies as well as all the surplus. But they are settling now the surplus on policies which have received, or are sup posed to have received, the forfeitures of the entire reserves and surplus from lapses for the last 20 years; and the surplus being now paid is only about 50 per cent of the "esti mates" of surplus on which these policies were sold 20 years ago. Either the forfeit ures have been much less than was esti mated, or else the expense account has overcome the speculation; one or the other. But these companies now profess to forfeit on policies now being written only about onc-lhiru ot the reserve instead of the whole of it, as formerly. Yet they are "estimat ing" that the results of these policies 20 years hence which can share in the forfeit ure of only one-third will be as great as are the present results of the policies which are sharing in the forfeiture of the whole re serve for the last 20 years. They estimate that a part will produce as much'as a whole. The old "Full Tontine" policies in which all reserves as well as all surplus on lapses were forfeited are yielding only 50 per cent or less of the "estimated" surplus. And this 50 per cent result on Full Tontines is now used as an "estimate" of the probable result of the Semi-Tontines which are to forfeit all the surplus, bnt only a third of the lapsed reserves. For all "these invest ment policies, "bonds," "consols," or what ever else thev may be called, are merely varieties of Tontiue or Semi-Tontine. How Semi-Tontine is expected to accom plish as much as Full Tontine has never been explained. The expenses are increas ing; the forfeitures can hardly be expected to be greater, and a much less proportion of them goes to the pool; and certainly the rate of interest is not likely to increase in the next 20 years. The true question would seem to be this: If the old Full Tontine estimates based on lull forfeitures have received only one-half the expected snrplus why is not an equal shrinkage to be expected in the result of present "estimates" or "illustrations" which are themselves the disappointing results of the old .bull Tontines, and which must be realized, if at all, irom the only partial in stead of full forfeitures? How can partial forfeitures produce as large a surplus as full forfeitures? And it is forfeitures alone that can make these policies an investment to those who don't happen to forfeit, for the expense ac count kills the interest account. Or apply the test of history to this very policy: The old Full Tontine estimate was that the entire cash value at the end of 20 years would be 23,500 a surplus over the face of the policy of 13,500. But the actual sur plus settlement in sight is ii no further shrinkage takes place such as has been con stantly going on 7,060 instead of the 13, 500 promised to the hope. And now the 7,060 result of a 13,500 Full Tontine esti mate is used as a semi-Tontine estimate for 20 years hence. If it has as good luck as its predecessor, it will sett'e at about 3,670 in stead of $7,060. making a total settlement of the policy $13,670 instead of 17,060; this is less than Z per cent on the premiums paid mxfe kFi pswi'r fortltVOUflS' Grandmother is right. Cleveland's Superior Bating Powder is not only better than any home made preparation can possibly be, but it is, a. jhf, late Ohio Food Commissioner said, absolutely the best baking pow der manufactured." Cleveland Baking Powder Co., 8i & 83 Fulton Street, New Yokr Cleveland's Superior Baking Powder Is sold by Geo. K. Stevenson Co., Wm. Huslage t Bon, Knlin & Co., John A. Renahaw t Co., James Lockbart, Wm. France 4 Son, and other high class grocers. "p(j "- jrQmt wk. r:' Awn L-AT;'!'!1 4 mmxm t; !7-sJtri ft. if 7S Witu lift in, and to attain even this the companies must depend on forfeitures equal to 2f per cent compound interest on the premiums paid. Is that a speculation worth hazarding all, or any part, of what one pays foriusurance and making his family hazard losing Hall? Jacob Ii. Gkeene, President. Haetfoed, Jan. 12, 1891. TnE Connecticut Mutual Life In- subance Co. Marriage Licenses Granted Yesterday. Nmr. Residence. I Ambrose E. Hosacfc Mercer county Ida E. M. McKee Clarlnda. la J Dennis Sullivan Plttsbur J Mary B. Crason.,-. Flltsbur J Frank P. Crawford Jefferson county. O I Viola V. Vansciyer Pittsburg I John Consldlue Plttsuunc 1 Annie O'Kellly Pittsburg J John C Heln Allegheny X Elizabeth Hhn Allegheny J Vastly TOTCznnak Allegheny X Anna Santa Allegheny 5 George ilaknra McKeesport KUzabethJakublck McKeesport (John Diksnt McKeesport J Maria Uiblrer McKeesport (EngeneS. Magulre Pittsburg 1 Lizzie Taliaferro Pittsburg t Louis Hamburg Pittsburg X Fannie Fineberg Pittsburg J Alexander Flowers Canonsburg X Sarah K. hmilh Braddock John Mueller Allegheny 1 Lizzie Schultz Allegheny J Anthony A. Werling Chartiers township I Barbara HIlz Pittsburg MAKKIED. BOWN-HTJG HES-Tuesday, January 13 at 7:15 P.H.. by Rev. George Street, at the fam ily residence. Grannview avenue, W.T. BOWN to Elizabeth S. Hughes. DIED. BATES "Wednesday. January 13, 1891, at 12 si., Charlotte, wifa of Samuel A. Bates (nee Rankin), in th 68th year ot her age. Funeral Friday, 15th. from the residence of her daughter, Mrs. McDonald. No. 1719 Sarah street, Soutbside. Friends are respectfully In vited to attend. BLACK On Monday. January 12.18al. at 230 p.m., John Black, aged 72 years, at his residence. Edgewood, P. R. R., formerly of Brinton, P. R. R. Funeral services will be held at his late resi dence, Edgewood. Pennsylvania Railroad, Thursday. January 15. at 1 p. 11. Interment private later at Homewood Cemetery. 2 CONNERS On Wednesday. January 14. 1S9I. at 5 P. jr., JonN Conners, of Nineteen th street, city, aped 33 years. Notice of funeral In evening papers. DAVAGE On Tuesday, January 13. 1E91, at the residence of her niece, Mr. Mary B. Kin caid. 510 Sheridan avenue. East End. LUCY DAVAGE. relict of the late Thomas Davage, in her SOth year. Funeral services Thursday afternoon, January 15. 1831, at 2 o'clock. Friends of the family are respectfully invited to attend. GILDERBLEEVE On Tuesday, January 13. 1891, at 2 P. St., at her residence, 3339 Ridge street. Thirteenth ward, city. Mrs. Samilda C. Gilderslkeve, in the 45th year ol her age. Funeral services to-day at2r. m. Friends of the family are respectfully invited to attend. IFranklin, Butler and Mercer (Pa.) papers please copy. HAMILTON Tuesdav night. January 13. 1891. at Charter's Station, P. & L. E. R. R., RAY W son of William and Margaret Hamil ton, aged 1 year and 6 months. Funeral services at 10 A. M., THURSDAY, Jan nary 15. Interment at Beaver, train leaving Chartiers at 11 JO a. it., city time. HERRON At 11:10 P. jr.. January 12, 1E91, Cornelia Davidson, daughter of Samuel D. and Mary J. Herron, aged 18 years 4 days. Funeral services on Thursday at 3 p. it. Interment private. 2 IRVINE On Wednesday. January 14. 1891, TnoMAS E. Irvine, aged 25 years, member of the Bricklayers' Union No. 2. Funeral Saturday at 2 P. M. from his late residence. No. 59 Third street, Allegheny. In terment private. IRWIN On Wednesday. January 14, 1891, at 220 A. x., Mary, daughter of Thomas H. and Allie Irwin, aged 8 years. Funeral from the family residence, at Irwin, Pa, on Thursday at 2 p. m. JONES A: Homestead, January 14, 1891, Dallas F.. infant son of Nettie S. and J. B. Jones, Jr., aged 1 year. Another little angel has joined his angel Bis ters and brother in their heavenly home. Friends are respectfully invited to attend funeral Friday, at 2 p. 21. KRATJTH On Tuesday. January 13, 1891, at 220 A. h., Samuel Kbauth, aged 79 years and 7 mouths. Funeral services at 2 p. M. Thursday. Janu ary 15, at his late residence. Bell avenue, Char tiers, McKee's Rocks, Allegheny county. Pa. o LAUGHL1N On Tuesday. January 13, 1S91, at 11:15 p. M., Charles Roy. son of Clyde B. and Annio b. Laughlln, aged 1 year 3 months. Funeral on Thursday, January 15, 1891, at 2 p. M., from parents' residence. New Brighton roaa, Allegheny. Friends of the family are respectfully invited to attend. McHUGH On Tuesday. Januarv 13, 1891, at 4:45 p. M., Mary Geneveive, daughter of James and Rose McHugb, in her 11th year. PERKINS On Tuesday afternoon, January 13, 1891, Daniel C. Perkins, in his 66th year: with Adams Express Company for ia years. Funeral from Samson's Chapel. 75 Sixth avenue, on Sunday afternoon, January 18, at 2 o'clock. Friends of the family are respect fully invited to attend. RITTKR On Tuesdav, January 3, 1891, at 10:13 p. 11., Ida Blanche Gertrude, daughter of Georgo and Annie E. Ritter, In her 11th year. Funeral from her parents' residence, 241 Fed oral sireet, Allegheny, on Friday, at 9 A. M. High Mass at St. Peter's Pro-cathedral, Alle gheny at 9 A. M. Friends of the family are re spectfully invited to attend. (Newark (N. J.) papers please copy. 2 SWEENEY At noon, on Wednesday, Jan uary 14.J1891, CHARLES SWEENEY, aged bO years. Funeral from the residence of bis brother, Dennis Sweeney. No. 12 Scott alley.on Friday, Jannary IB, at S&0 a. M. Services at St. Paul's Cathedral at 9 A. ii. Friends of tha family are respectfully invited to attend. 2 VERNER On WeJneday morning, Jan uary 14, 1S91. James K. Verner, in his 40th year. Funeral services at the residence of his father, 939 Penn avenue, on Friday after noon, at 2 o'clock. Interment private at a later hour. 2 VOLZ At her residence. Spring Hill, Re serve township, on Tuesday, January 13, 1S91, at 6 p. M., Maggie Volz, in her 3StU year. Funeral on Thursday, January 15, 1891, at 2 p. M., from her late residence. Friends of the family are respectfully invited to attend. WEIDMAYER On Wednesday, January 14, 1891. Mr. Christoph Frederick Weid mayer, aged S3 j ears. Funeral from the residence of his son, Mr. Frederick Weidmayer, No. 9 Marlon street, on Friday, January 16, at 2 p. m. Friends of the family are respectfully invited to attend. 2 WICKER On Tuesday, January 13, 1891, at 3:30 a. m.. Eleanor a L. Bubkhart, wife of Henry Wicker, aged 27 years. Funeral on THUESDAYat2p. M., from her lata residence. Grand avenue, Millvale. Friends of the family are respectfully invited to attend. 2 WILSON On Tuesday, January 18. at 820 p. m., Edward Bell, son of W. W. and Bertha Bell Wilson, aged 14 years. Notice of funeral hereafter. WISE On Tuesday, Januarv 13. 1891, at 7 A. M., Frederick W.. son of Henry and Eliza beth Wise, aged 12 years and 4 months. Freddie was our darling boy, Pride of all our hearts at home: But the angels came and whispered, Freddie, darllug, do come home. Fnneral on Thursday, January 15, 1891, at 2 P. M., from parents' residence, 96 Southern avenue, Mr. Washington. Friends of tha family are respectfully invited to attend. 2 WITTING On Tuesday. January 13, 1891, at 3:30 P. M.. Lizzie Moloney, wife of Henry Witting. 5S0S Ejlsworih avenue. East End. JAMES ARCHIBALD A BRO.. LIVERY AND SALE STABLh.S, 96 and 93 becond avenue, between Wood and Smithfleld streets. Carriages for funerals, S3. Carriages for operas,parties,etc,at the lowest rates. All new carriages. Telephone communication, my6-90TTS WESTERN INSURANCE CO. OF PirrSBURG. Assets 5443,50187 NO. 411 WOOD STREET. ALEXANDER NIM1CK. President. JOHN B. JACKSON. Vice President. fc22-26-TT3 WM. P. HERBERT. Secretary. -pEPRESENTEO IN PITTSBURG IN 1SU Asset . . !9JW1,89833. Insurance Co. of North America. Losses adjusted and paid by "WILLIAM L JONES. S4 Fourth avenue. ja20-s2-D NEW ADVERTISEMENTS, SWEEPING REDUCTIONS IN OUR Holiday Bazaar. To insure a quick dis posal of the remaining articles in ourHoliday Bazaar we are giving to-day 33 Per Cent Off From all Pottery (excepting the Rookwood), and includ ing all the beautiful shapes and decorations in the new Taizon ware of Japan. 20 Per Cent Off From our large assortment of Bamboo and Punjab wares, consisting of Parlor Cabinets, Screens, Easels, Tables, Maga zine Stands, etc. 15 Per Cent Off From Ladies' Writing Desks, Music Stands.Shavinor Stands, Parlor Cabinets, in all woods, Children's Rockers and High Table Chairs and Bric-a-Brac generally. Now is the House furnishers golden op portunity. I, Mitt to 33 FIFTH AVE. de25-TThS CLOSING OUT Wool Hose! Ladies' Wool Hose, black and colors, re duced from 35 to 25c a pair. Ladies' Natural Wool Hose reduced from 50 to 35c -pair. Laaies' Bibbid Wool Hose, black and colors, reduced from 50 to 35c a pair. Ladies' Black Cashmere Hose, best to be bad at the price, 50 cents a pair. Ladies' Black Fleece-lined Silk Hose, re duced from $1 to 75c a pair. Children's Bibbed Wool Hose, extra qual ity, at 25c a pair, medium and heavyweight Childreua Bibbed Wool Hose, fine qual ity, heavy weight, at 35c, 3 pairs lor ?L Children's Bibbed Cashmere Hose, all sizes, 5J4 to 9, at reduced prices. A lot of Men's Fine Merino and Casbmere Half-hose 75c and 85c goods, all to go at 0 cents a pair. Home & Ward, 41 FIFTH AVE. jal3-D SEAL GARMENTS REFITTED -AND- REPAIRED -AT- ONCE. Our winter repair work In Ladies' Furs has been finished up to date, so anyone bringing their garments to us THIS WEEK can bare them done at once. PAULSON BROS., 441 WOOD ST. Manufacturing Furriers. ja8-TTS LIQUOR HABIT. 15 ALL THE WORLD THKRK 19 DOT 0SE CUBE. DR. HAINES' GOLDEN SPECIFIC. It can be riven in a cup of coffee or tea. or In articles of food, without the knowledge of the pa tient, 11 necessary. It Is absolutely harmless and will effect a permanent and speedy cure, -whether the patient Is a moderate drinlcer or an alcoholla wreck. IT NEVEB FAILS. It operate to quietly and with such certainty that the patient undergoes no inconvenience, and ero be Is aware, bis complete reformation It effected. 43 page book free. To he had or A.J. HANKIN, Sixth and Tcnn t., Pittsburg; E. HUL.UEN & CO.. 63 Federal it.. Allegheny. Trade supplied by UXU. A. KJCLLY A CO.. .Pitts burg, l'a. mrU-O-TTS CANCER and TUMORS eared. Ho knife. Bend for testimon ials. U.H.McUlcbael.M.D,, 63 Niagara it., Buffalo. M. X. mhis-120-rrasaAw NEW ADVERTISEMENTS. HOSIERY BARGAINS, 85 dozen Ladies' and Children's All-wool, Seamless Hose, reduced from 25c to 15c. And 62 dozens, better quality, reduced from 38c to 25c. Also, 18 dozens Ladies' Black Silk Plated Hose, reduced from 75c to 50c. Fleishman & Co., 504:, 506 and 508 Market St. P. S. CLOAKS AND FURS at immense reductions. jal5-D Thirty Dollars' Worth of Merchant Tailor Made Garments for Twelve Dollars. $12. $12. For a f30 Jlade-up-to-order Suit, in all styles. $12. $12. $12. $12. For a 530 Mude-up-to-order Over coat, in all styles and sizes. $12. $12. The Pittsburg Mop-Wringer. STRONG! DURABLEl EFFECTIVE! A galvanized steel bucket and wringer com bined. Easily operated with the foot as shown in cut. Cold or boiling water with soda or con centrated lye can bs used without injury. As the hands do not come in contact with the water, chapped, scalded and sore bands are avoided. No special moo re quired. Superior to wood bucket that is liable to fall to pieces with ex pansion or contraction. or to Deconie ociorons from the dirt and filth wrunc into it. Do your 'cleaning in hall the time. Dealers have it or will pet it for you. If not, send to us for it. Try our thread mops. Superior to all others, PITTSBURG MOP-WKINGER CO. h 203 and 05 Wood street, Pittsbnrir, jag-15-TnThsa STEAMERS AND EXCURSIONS. NORDDEUTSCHER LLOYD S. S CO. Fast Line of xpresaSteamen. New York to Southampton (London) Bremen, Sl'KING SAILINGS, 1391: Havel, Toes., April 14 Elder, Sat., May IS Elbe, Wed., April 15 Trave, Tucs., .May 19 Elder. Sat.. April IS Fulda, Wed., May 3) Trave, 'lueg., April 21 Saale, bat., Mar 2! Fulda, Wed., April K Spree, Tues., ilay 28 baale. Sat., April lo Werra, Wed., ilay W bpree, 'J'uea., April 23 tms, bat., May 30 Werra., Wed., April 2D Lahn, lues., June 2 Ems, Sat., May 2 Kaiser, Wed., June 3 Lahn, Wed., May 6 Aller, bat., June 8 Aller, Sat., May 9 Havel, Tues., Jane 9 Havel, lues., May 12 Kibe. Wed., June 10 Elbe, Wed.. May U Eider, Sat.. June 13 'lime from New "Vort to Southampton. 7K days. From Southampton to Bremen. 2-1 or 30 nours. From Southampton to London, by Southwestern Hallway Co., 2& hoars. Trains every hour in the summer season. JUllway carriages for London await passengers in Southampton Docks on arriv al ot Express Steamers from -New York. 'these steamers are well known for their speed, comfort and excellent cuisine. MAX 3CHAUMBEKU &. CO., 627 Smithfleld St. LOUIS MUESER. 616 Smithfleld St. Jal-tcO-D STATE LINE -TO- Glasgow,Londonderry, Belfast, Dublin, Liverpool & London. FROM HEW YORK. EVERY THURSDAY. Cabin Passage, 35 to $50, according to location of stateroom. Excursion, 65 to (95. Steerage to and from Europe at lowest rates. ADSIWI BALDWIN & CO, General Agents, 53 ilroadway. New York, J. J. Mccormick, sel-l-D Acent at Pittsburg. riUNARD LINE NEW YORK AND LIV. J ERPOOL. VIA QUEENSTOWN-From Pier 40 North riven Fast express mail service. Bervia. Nov. L8am Umbria. Nor. 22. 2 D m Etruria, Ndv. 8.2pm Aurania, Nor. 15, 7 a m 8ervia,Nor. 29. 7am Gallia, Dec 3. 9:S0 a m .Botnnia, jn or. i'J, iu a in Etruria, Dec. o, noon Cabin oassace 160 and unward. according to location; intermediate. 35 Steerage tickets to and from all parts of Europe at very low rates. For f reignt and passage apply to the company's office. 4 liowling Green, New Yorlc Vernon H. Brown 4 Co. J. J. MCCORMICK. 639 and 401 Smithfleld street, Pittsburg. oc27-D Ty H1TE STA.K Ll fc- FOK QUEENSTOWN ANU LIVERPOOL. Koyal and United States Mall Steamers. Celtic, Jan. 21. 3 p m, 'Celtic Feu. is. 2 pm GermanlcJan.28.7:30ainiMajC8tIc, Feb. 25, 7am Adriatic, teb. 4, 2p ini'AdrLitlc. March 4. 1- m .Teutoulc Feb. 11, 7nmlTeutonlcMli.ll. 6:3uara From White Star dock, ioot ot Weit Tenth bv. Second cabin on these steamers. Saloon rates. 60 and upward. Second cabin. S33 and upward, according to steamer and location or berth. Ex cursion tickets on favorable terms. Steerage. (20. White Star drafts payable on demand In all tha principal banks throughout Great Britain. Ap- Sly to JOHN J. MCCOhMICK, 688 and 401 Smith eld St.. Pittsburg, or J. BULCE 1SMAI, Gen. ertd Agent. 41 Broadway. New York. Je23-D AMERICAN LINE, filing ererr "Wednesday from Philadelphia and LiTerpooL Passenger accommodations tor all classes unsurpassed. Tickets sold to and from Great Britain and Ireland, Norway, bwe den, Denmark, etc. PKTEB WRIGHT & SONS, General agents, 305 "Waluut st Philadelphia, Full Information can be had of 3. J. MoCOR- AUUK Fourth arenno and Bmlthnela strast. LOUIS MOESKR, 618 Smithfleld street. mbS-44-TTl j AT THE wMwm mfWmm 1ll5-TTSSU Mrvla NEW ADVERTISEMENTS B. & B -$$- OUR CLEARING PRICES Crowded Our Store Yesterday, UPSTAIRS AND DOWN TO-DAY PRICE Will Crowd More. Surplus lot CO to 55-inch All-Wool CLOTH SUITINGS -AND- TRICOTS, Colors and Mixtures 75-cent and 51 goods Go To-Day 50 Cents. Double-width All-Wool TEICOIS, all colors 50-cent values GO TO-DAY 25 CENTS. 60 to 54-inch PLAID SUITINGS, STRIPE SUITINGS. ROUGH, SHAGGY EFFECT SUITINGS, $1, 51 25 and 1 50 values, to-day all go at 50 and 75 cents. CHOICE ASTRAKHAN PLAIDS, Good color combinations the Black Curled Astrakhan "Wool forming Plaid they sold in thesccities they sold in Eastern oities at $1 25 all the past season. To-day thev go at 75 CENTS. 200 Dress Patterns. 50 TO 56-INCH Scotch, English and Ameri can Suitings, 6 and 7-yard Patterns, $4 50 Each. WOOLENS in good styles as these ($4 50 a pattern). Somebody is making a great LOSS. You're getting a great bargain for now or next spring or summer. The 27-inch Black and White Indias, 27-inch Colored Indias, Good styles, $1 25 values, To-Day at 75 Cents. THE NEW 1891 INDIAS, 75o, $1 and 81 25, are on sale. The Dollar CHEVIOT SILKS, 60 Cents. THE STRIPED HABUTAI SILKS, 75 OENTa The 1891 Embroidery Opening SPECIAL SALE Tbe most successful and important we're ever had. CLOAK ROOM Never had such a SALE. DETERMINATION on our part to sell every Ladies', Hisses' and Child's Garment absolutely, and accept the LOSS, is pro ducing RESULTS beyond our greatest ex pectations. Come, see for yourself. Boggs&Buhl, ALLEGHENY. U. NEW ADVEETlSEirENTS. HORSE CLOTHING. Nearly every reader of the Dispatch knows that we sell Clothing for Men and Boys, a reliable article in the same, and, quality considered, at the lowest prices pos sible. But you are not all so well posted in the fact that we sell CLOTHING FOR HORSES. You'll find in this department at the present time some bargains which no other house in this town begins to duplicate. YOUNG-MAN-AFRAID-OF - HIS - HORSE taking cold and all who own one of these noble animals, see the following: A GOOD HORSE BLANKET FOR 59c. LINED HORSE BLANKETS, Reduced from $1.49 to 99c. ALL WOOL HORSE BLANKETS, Reduced from $2.90 to $1.98. ALL WOOL HORSE BLANKETS, Reduced from $3.24 to $2.24. ALL WOOL PLAID HORSE BLANKETS, Reduced from $3.49 to $2.49. ALL WOOL PLAID HORSE BLANKETS, Reduced from $3.89 to $2.98. PLUSH KNEE ROBES, Reduced from $1.69 to $1.24. TWENTY-FIVE GOAT FUR ROBES, Reduced from $4.50 to $2.63. TWENTY GOAT FUR ROBES, PLUSH BACK, Reduced from $6 to $3.98. Each of the items quoted was good value at the prices at which we have been selling them all along. This being the case it won't take you long to figure out how great their value at the reduced prices. GUSKY'S 30O TO -iOO MARKET ST. W-iLXiZD PAPBB: A full and complete line of all grades of NEW TAPER HANGINGS and DECORATIONS for the coming season now in stock. W HI. BABZBR 503 MARKET 20 Per Cent Discount The Lowest Prices Ever Reached For Reliable Clothing. Trade is running a steady grist with us. No reason why it shouldn't; yet we can stand more. We believe we can please you as you never weie before. It's the unusual to buy such clothing as we manufacture 20 percent less than former prices. t Who's going to buy ill-fitting, mean-quality clothing when he can get good-fitting reliable goods for less money? Not you. Not anybody who thinks his dollar's worth 100 cents. Don't let us both lose money ! We've got to. You save what we must lose. No reservation of auy kind. Everything in our store on the one basis. Note this statement with our name attached.1 The regular selling prices are untouched and marked in plain figures on the garments; you pay just 20 per cent less than you see on the tickets. Will you see us to-day ? This is your chance for Ready Made or Made-to-Measure Clothing. WANAMAKER&BROWN, COR. SIXTH ST. AND PENN AVE. 'P. S.-We reserve the right to stop this sale at any time. 3 STREET 503 jylS-30 CABINET Letter and Document Files All Kinds. All Sizes. Honest Prices. The beginning of tno year is tho time to inaugurate an improred system for filing your papers. We carry the largest stock In Pittsburg. OFFICE SPECIALTY CO., 105 Third Ave. (Near Wood.) de29-ZTS 1 J j i 'I I i ' . W ...:
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