New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-12-02
TIL, NV L. (. LOAN.

yHE FIN ~ >ETTLTNESr WITH TIE SYNDICATE
| MADE YESTERDAY
| Loxpo,. Friday, Dcc. :. ~.
| 9},e final settlement OF the ln;tCd states
Hand. loan was made al the Office of NeNsIs N""t'
IxccuIloch Il Co., to-day. without dr,nrin: the I4Cn"!
Ipa,l he bonds tioslnc ni-loi aa ever h:orH the
nn advancing TO 9ot per cost IN e"d beau" the r'-
Iueuept was anticipated. The portion Of The loan nnS"t-
lied n, the opening o. tn" hooks tr,Iy WIS ONLY s2sI
no and 81 ,,,l- ~, ',h'i 81 Nr.r <'m""" was al
Ranged in Lord u LEAVING 'han $50" @ M" i -cd
b. with The co4'''n, 9" hear u IN T''' j. II" d""t
Iua, the whole o: Tie loan. IN The EnooaA markets l.
kskcI
TIC a,c dispatch furnishes ch"l"" e'"t7rn Of e
Nos da.luos which lia- DISTINGUISHED ur,fy c'rry
o.. al uieraroe on tis fi"ct 81 "a" Nc" Loan e:Hcc
july ,t The facts IN relation to This loan - far rs tie
lIAudon syndicate concerned, briefly A. follows
The wLoc amour Of TIE new tveS negotiated IN Lon'on
VA about s:.ngWU. They of rcd 10 Ito London
capt. t'i~ts ~ sl11 =. c. pr bond or $780, WIG
| In cQuiValcn'. within "A slight fraction, to par ID
gold. TIE tA, 0i payment wcrr q pr cent III cash. ac-
soup.uy"G The application, aud the Teinunlng 9's per
s,: IaS &C. III ash CA the j.. Of DcccEIh"r The alot
u't- pado Monday the 18th u! August ana the
Upcjior~ - mach eAcecdcd tn" S75e0GDO of red that
only per cent ooll issued 10 the applicants Tn"
| shove the terms of payment Tor 'hoso
| Who ennscrIned rndcr t,rulati1rs TO
Stc h! payments The Syndicate also offered the
DOLCE III cN'ldng| Tor m the ="
Eve twene.. bond tor bond. What portion OF the loan
Was akci ~ cab rh>crihcrs and what accepted IN e1'
chane' rs L"'. - TycTw cntlcs ha' never been Inaie
pnhc l. W. lc seer that tho Syndicate, according 10
their public announcements in August I,si promptly dis
posed 81 al tae.r bonds al par.
81 Guc. To- -, di-",l; made II u" new oan ny
the Iid' ia" I,lbiic. Ia gld 10 the Terms
agreed upon The Syndicate and Secretary But
vel thr follow IN. are believed Ia be The essential facts
L.,
orlcia- 10 have, bought the bonds on the LIST or
eeprin'"rr, and have paid Tor them :" cdsh.
A. The Secretary Of the treasury coma not re-
deem the FiyeTwrnties which 'he ne" pohds
gucd Ia replace without giving 'nfee months
notice ard the syndcates cash lying In the Treasury
.ould draw no interest, Mr.. Boutwell, sccms to have
r.ao,.d ,h., the Treasury could lend this dead money
u IN. syndicate, and that without loss TO the United
sta,e. until IL should De needed in December. AZ
unity for the money refuTncn 70 o., 'ne
De-. bonds which the syndicate j. supposed u nave
bought The transaction ,h1s N Irsiy became am, ., 49,,
syndicate Interest FOR TIRE. yn at inc ,b ,s,. on
per cent PR annun Oh maj Dinx 'n nns,Jep,J
loan BY the United states 20 the syndicate Of 81
,ary Bout we'll has never included thi. issue Of s75ooo
o. Of new I'VE per cents IN his debt slAtcmtnlS'
yet m.,ns cr nS"' THANH s , nsGs the u"iied
states has for three months been ncurrpg interest on
l.sl su "ptsd by the syndicate but it would
that II they supposed 10 have paid cash for the bonds
n, Any.t their only option Ia to settle their present oh
lacn In cash the rallied bonds OF lse2 A. the Five.
TWetes of 1867 arr,wOrh premium OF nearly ~" per
oent The syndicate la We taken Of them ange
tonou operati9Is they %osd OF eoase ,c
ben highly Irof al TO the Syndicate since they die
Sossd u the bonds par. while M boutwell, accepted
Loan named i'm the London dispatch 500 II equivalent ~
fraction ess than ~ for tos bond II mat
ust reduced x minimum rate Of discount What the
of thu London dispatcn Is not cfAl nnlcse II
H. Intended 10 indicate that only tOOU or Inc loan
taken ny subscribers, the rest having been ex-
changed for other bonds OF the United 6tateh
WARRINGTON. Friday. Dec J. 1871.
The interest on the called nvetwenty bonds being the
Sauce II ths fr serss VI ns isue VI 1851 closes TO-