Waterbury evening Democrat., 1894-11-14
THE BOND CALL IS LIED
Public Bids Asked For Fifty NIL
 lions of Securities.
CALLED TEN YEARFIVE PER CENTS.

CALLED TEN YEAR FIVE PER CENTS. seer.t,ry Cariis,e's Notice Calls For -aled
 Proposals. and No Upset Price I- Named.
 New York Bsnkers Favor the Issue and
 Think It Win B5 ing IT ok Gold.
 wAsHINGTON. Nov. I4.-SecrctRry Car lisle. as had been anticipated for several days. issued his call for bids for $5h. .00o,- OUO per cent. 1O year bonds. interest to be paid in coin. which Is interpreted to mean gold. The only material changes made in the present call from that issued Jan. II last arc tho omission of the upset or minimum price which would be ac- ceptcd and the notice that the proposals for the present. issue must be sealed.
 It Is confidently expected at the treas ury department that an amount will be realized considerably in excess of that receivod from the February issue. This expectation is based upon tho fact that there are exceptionally largo amounts of money now lying idle and seeking invest mcnt in tho money centers of the coun- try. and upon the further fact that the February issue Is now quoted at 90, or about , per cent above the price which would yield per cent.
 From tho Inst issue thcro was realized SD DS, bti. VI Do. anu Ol lnlS Fb-s- S5O. 264.24 was in gold coin. S5. Slo, I2O in gold certificates and $233. 39 in other money which the subtreasuries were com boiled to tako in making change. While these amounts were actually paid into tho treasury in gold or its equivalent a very considerable amount of gold was with drawn from tho subtreasuries for tho ex- press purpose of using 1t again in pay ing for the bonds.
 hue hNraH not be ascertained. but tho best Judgment obtainable is that it approximated $I5,- OOO. 900. With view to a moro exact estimate of the amounts which may Do withdrawn between now and tho settle mont of all accounts under tho call, tho subtrcasurIcs will from this date keep record uf all deposits of legal tenders made in exchange for gold and the names of the firms or persons making them. Nv York Bankers Approve. NEW YORK. Nov. l4.-The following arc some Of tho opinions of prominent bankers of this city in regard to the bond issue:
 T beliovr,'' said MT Henry CIews, that the time is an opportuno ono to mako the government loan, and it would havc been very unwisc to have deferred it until the export of gold had got thor oughlv under way. which is inevitable as l we near spring. for in that event re- sponSC to the loan would not have been | in exchange for gold what it will be now. | Besides tho next scSSio.I of congress will
 be very likely not only not to pass a bond | bill but instead pass a resolution declar-
 ing the existing law did not invest the
 government with authority to dispose of
 bOnus. which would placo the governemnt l in serious iinGrC Cial straits -
 | The cntirc issue will probably be l largely Oversubscrihcd, " said MT. Fred
 orick D, Taprcn. president of the Galatin | National bank. The sale of tho bonds | will lower the rate of exchange and bring somO gold from Europe"
 | Congressman Joseph C. Hendrix, pres ident Of tho National Union bank, said:
 The issue of bonds will be timely. help l full to the general situation, n tonic to
 our finances and an earnest to the for 1 eiGnCr that we are ready at all times to l use our credit to buttresS our currency l system, Tho broad public policy of do- | ing this sort of thing at the time whom it
 will do great good ovrrshadows the tech nical objection that perhaps we might
 worry along without il.
 F. O. Leach. former director of tho | mint expressed himself favoring the | issue T believe it would be an act of | tho highest patriotism and of tho best
 business Judgment for the president to l slItilttutn lHe EOlu bN Nnb lssue | of additional government bonds "
 II don't sec how any other course could
 be pursued. " said A B. Hepburn. from
 the fact that tho expenditures of the gov | ernment arc exceeding its income. The
 strcngthcn!n- "f the gold reserve, which Is | synonymous with placing the credit of
 tho government beyond question, Is a
 condition precedent to tho restoration of
 credit and confidence throughout the l country