Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-04-14

Thus far during the month OF April there
have been received at tue oflice OF the First
Assistant alone over 22. 900 letters containing
applications OF this kind.
the Postmaster-GoneraI to-day appointed
Estes q Rathpone, OF Hsmilton, ONO, Cniei
Post Office Inspector. Ratnoone Is NJ pres
emit member OF the Legislature OF the otste
OF Ohio.
Secretary Blaine received cablegram this
afternoon from Mr.. White, the secretary OF
the Legation at London, stating that ne has
been advised By the Lloyds that the Germsn
shjp Olra arrived At Sydney TO-DAY from 81
mos reuortiug that the Nipsic is sil0at with
her rudder and propeller lost, and that the
Trcnton is full OF water.
MINOR MATTERS.
The contract for recopstrucl.ng the tower
Of a publ,c building ut Wilmington, N. e.,
has been awarded to William II. Smith at
S4907.
Andrew Downey, OF New Orleans, was
the only bidder for reconStructing the roof
OF the custom. house at New Orleans. bis
price for the work Is SiS6,53S.
The Kearsarge at HAMPTON Roads, Va,
has been ordered to the nayy-vard at New
York. She arrived ~ Hampton Roads yes
terday fourteen days from Barbados. The
naval contingent at the centennial VIII con-
sist OF about | 500 officers. men. and must
clans, and will form q brigade under the
command OF an officer OF appropriate rank.
The naval cadets at Annapolis will not be
sent on.
The Commandant OF tho New York navy
yard has been authorized 10 add to the Ex-
detrimental Board (of which Chiei.Englneer
c. III. Loring Ia president from time to time,
as occasion requires for temporary duty,
mechanical experts from the yard. Many
applications have been made to the depart
ment 10 have examined Inventions Oh diiier-
ent kinds, and TO this board inventions will
be submitted for examination and report.
The Postmaster-G General to-day awarded
the tri-ennisl contracts for wagon-mai SER
vice from July l, 1889, TO June 80, 1892, as
follows: Atlanta, Ga, TO III. c. Stoves OF
Kansas City, Mo-, at S1,737 per au mum; Ma
con, Ga, TO +. +. Smith, OF this city, at
l,0i0 per annum; Jacksonville, Fla, to
Squire Inligh, OF jacksonville, Fla, at Sl,34S
per annum.
BONDS PURCHASED.
The bond offerings to-day aggregated
e33, 900. OF which S32. 100 were accepted at
los for 4!'s and 129 for as.
The total amount OF bonds purchased TO
date under the circular OF April ~, 1857, Is
Sl35, 7sG $50, Of which S55,993 $50 were
per cents and SO. 1872, 500 we're a per cents.
The total cost OF these bonds was Sl5S, 1872,
AL, Of which amount S1l,932. 264 was paid
for per cents and ESQ 400,l7I was paid Tor
A per cents. Since Secretary WindoO has
been In Office he has purchased bonds TO toe
amount OF $l2,S3o,95O at cost OF II i,S32'-,
SIS. OF these bonds 81, $3.50. 80 were rs. aud
f,a ~ ~ titlf S.4
Had the bonds been allowed to run to MA
turity the principal and interest would
amount to ss,005. 2l2, which is s2.o4S,94S
more than thti present cost, including pre-
MUM. The q per cents purchased during
the same period amount To IS, la, 100, the
cost OF which was -, S26..l5. II these bonds
had been allowed TO mature the Government
would have bad 10 pay for them. principal
and interest, the sum OF S9,09i3j4, being 8
difference of S26S, 40 IN favor OF their pres
cut purchase. The total apparent saving "a
the Government by the purchase OF bOtr
classes OF bonds at the present time Is -, 3D.
0SS.
One striking feature OF these figures Is
that while the purchase OF ~ per cents wa
naturally double that Of the 4 per cents
the saving on the latter in interest Is nearly
ten times as great as the saving on y pei
cents. OF the Sl2.S30,95O OF bonds pur
chased by Secretary Window nesriy $1,000,
900 have been offered since the 9Th Instant
which is the date on which he indicated bi!
willingness to pay % for per cents IN pre-
ference to paying fraction more than los iol
81 per cents. In view OF the early maturit,
OF the a per cents loan and the consequent
natural decrease IN the premiums on thes'
/ bonds the growing smailness OF the Offering
causes no little surprise At the Treasury De
| partmeut. One OF the otticiss OF the depart
| ment in speaking Of this subject this after
/ noon said it was no secret ina, oecretarl
Window regarded l0S as a high price 10
/ the ~ per cents, and that he was not dis
posed to continue their purchase mucl
| longer At that price, specially in view OF III
/ present easy state OF the money market
| HIS action on next weeks offerings Will
therefore, be watched with considerable in
tefest.