The location of these clubs is very desirable. They are all in the most fashionable quarter of the city, and their houses are in keeping with their surroundings. They are elegantly furnished, and often contain valuable and beautiful works of art. Some are owned by the associations occupying them; others are rented at prices varying from $8000 to $20,000 per annum. The initiation fees range from $50 to $150, and the annual dues from $50 to $100. The number of members varies from 300 to 800, but in the best organizations the object is to avoid a large membership. Great care is taken in the investigation of the history of applicants for membership, and none but persons of good reputation are admitted. In the most exclusive, one adverse ballot in ten is sufficient to negative an application for membership. By the payment of the sums named above, members have all the benefits of an elegant private hotel at a moderate cost, and are sure of enjoying the privacy which is so agreeable to cultivated tastes. They have constant opportunities of meeting with friends, and besides have a pleasant lounging place in which to pass their leisure hours. The Century Club stands at the head of the list. It is considered the most desirable association in the city, and numerous applications for places made vacant in it, are always on file. It occupies a handsome red brick mansion just out of Union Square, on East Fifteenth street. It was organized more than thirty years ago, and was originally a sketch club, and its membership was rigidly confined to literary men and artists. Of late years, however, it has been thrown open to any gentleman who may be accepted by the members. Its President is William Cullen Bryant. Its roll of members includes men of all professions among them: Bayard Taylor, William Allan Butler, George William Curtis, and Parke Goodwin, authors; Rev. Dr. Bellows and Dr. Osgood, clergymen; John Brougham, Lester Wallack, and Edwin Booth, actors; Bierstadt, Gignoux, Cropsey, Church, and Kensett, artists; William H. Appleton, publisher; and A. T. Stewart, John Jacob Astor, and August Belmont, capitalists. This club has no restaurant, and is conducted inexpensively. Its Saturday night gatherings bring together the most talented men in the city, and its receptions are among the events of the season.