The morning call., 1890-09-15
TO PURCHASE BONDS.
Secretary Window Will Furnish
More Money.
His Plan for Relieving The Financial
StringenCy.
Equal Reciprocity The Position Assumed By
Chairman Mckinley = The Con-
sreSSiOnal Programme.


NEW YORK, Sept. 14.-Secretary Window
left this evening for Williamstown, Massa-
chusetts, to join his family. AS result of
the conference with bank Presidents and
fnanciers on Saturday Secretary Window
said this afternoon that he had decided to
receive proposals for the sale of fours to the
amount of S16,0OO,00O, the proposals to be
received at the Treasury Department in
Washington on Wednesday next at noon.
These bonds the Secretary will purchase if
q reasonable price is ask ed for them. At
the same time Secretary Window will offer
interest ON currency skies. Secretary Win
dom said it was not usual for statements of
the above kind to be made before emanat-
ing officially from Washington, but owing
to the anxiety of so many of the business
community to know what was going to be
done by the Treasury Department he
thought 1t best to announce his Intentions
beforehand, although it was Sunday.
TREASURY OPERATIONS.
WASHINGTON, Sept 14.-In accordance
with the statement made by Secretary Win
dom in New York to-day thu Treasury De-
partment has issued notice inviting pio-
posals for the sale of S16,GG0,000 per cents
to the Government, to be received Wednes-
day.
The Secretary of the Treasury has di-
rected that arrangements be made for the
prepayment of interest due January l and
July l, 1891, on bonds commonly known as
currency 0'S on and after the 18th inst.
In answering an inquiry as to the effect
upon the circulation of all Treasury opera
tons during the past month, the Treasury
Department has prepared the following
statement, covering the receipts and
disbursements by the Government
during the period from August
10, 1880, to September 18th inclusive:
expenditures for purchases and redemption
of bonds since August 10, 1890, under ciTcu-
lar of August 10. 1890, under circulars of
August 18th. DIST and 30th. and for
ar Oh 1850 ereuars Of
August 10Th and 21st, 81, 100000;
AZ per cent bonds redeemed, nearly
all at 10iK $50, GAS, SO; circular of August
3Oth. Sl0l ,03l 100; AZ per cents redeemed at
1oiA, slo,557,Os9 80; purchase Of per cen cent
976, 253; prepayment Of interest to
and including September 18th, $780,
724; September Interest on AZ per
cent bonds, si,19792oi redemption, of
national bank notes, S1,s0o.ooo; total
debt, Sal. .494, ,3l6 so; payments for silver
bullion. S6,000.O0O; ordinary expend-
itures from August 18th to September 18th
inclusive, $50, ,s02, $50 II; aggregate disburse-
ments, $50, 200, 400 3D. Total receipts during
the same period, including National Bank
Redemption Fund, S37. $40, 159 OIL; disburse-
ments in excess of receipts for the period
named, S43, $50, 307 &c.
Commenting on the foregoing statement
: General Nettleton, Assistant Secretary of
the Treasury, Tonight said; THE item of
ordinary expenditures includes about
S19,00O,000 of pension payments, checks
for which began TO be drawn September
4th. This exhibit, experimenting the facts
recently published respecting the operations
of the Treasury since September !, 1889, con-
clusively answers the mistaken assertion
sonnet mes made that the Treasury either is
now or has recently been engaged in alb
sorbng and then boarding increasing
amounts Of the money of the country; and
another answer to the mistaken statement is
that the recent measures adopted by the de-
partment to get money out of the Treasury
and into the channels of trade, show dis
bursemenis over receipts of nearly S44, ,000.-
0O0 in thir y days"