Birmingham age-herald., 1894-11-25
A FLATTERINC RETURN To the Request for Bids for the
 Bond Issue. AN ENORMOUS DEMAND List of Bidders With Am ounts Wanted and Prices Offered
 for Them.
ENORMOUS DEMAND

WASHINGTON, Nov. 24 Under he treas ury department clrcu.ar is usd Novem ter IS, inviting proposals for $50, ,000, eco Of United States per cent bonds on 8 per cent basis, sealed proposals were today opened in the secrsiary's ofiics at The ireasury depirt,Deat at 12 no)n in the presence ot Sectetnry Cirlisl-, Assistant Secretary Curtis1 an Cht<i Huntington of the loans and currency divisions, nalf a dozen clerks, representatives of so n. of the heavy bidders and a nun Der of newspaper me1. The bands bid for ranged from $59 10 Sl0, GOO in denomination, dated Febru- ary l, 1891, and by tue term, of the circular are to be paid for in gold III five equal in- staliinents or in one sun at the option of the bidder soon as he shall have beeu notfi ,d that his bid had been accepted. Secretary Carlisle in his circular stated th at he reserves the right to reject aay or all bids.'
 Over 100 letters, some registere and others delivered by m ssssngers, werJ re- ceived at the treasury department this morning, containing bids for the bonds Among the important bidders present were J. Plerpont Morgan. Plny Fisk and A. otetthauer ot New York, and k. W. Bacon ni Boston, representing Kidder, Peabody & Co of that city.
 he actual opening of tbe bids began at 12:43 D. In., and concluded at 1:45 D. m. Ai,er the bids had been opened Secretary Carlisle announced that he was gratitied at the result. There were 297 bids fl d and the total amount bid for wai S154, ,a70 ,9C0. The allotment will probably Dc made on Monday. It is generally considered prob ble that the bid of the United States Irus5 com pany of N4w York, representin, tue Stewart synn ic ste, for the S50, ,000 900 at IT,. 077 per $10), all or none, will be ac. cep'ed as tue most advantageous to ths treasury. The prices offered for he bonds : ranged from 104 10 IF. IS.
 The Stewart syndicate represents the fol- lowing concerns: United States Trust com. pany of New York, Drexel. Morgan 6 Co. :, Union Trust company of New York, First National bank of New York; Harvey, Fisk Philadelphia, J. S.. Morgan 6 Co. of Lon don, Nitional bank of Commerce of New York, Chase National bank of New York, Fourth National bank oi New York, Ma tional City bank of New York, Hanover National tank of New York, Gallatin Ma tional bank of New York, Merchants Na- iional panklof New York, First National bank of hcago, Mutual Life Insurancs company of Chicago, Manhattan Life In surance company of New York, Morton, bach, Eikelheimer & Co. of New. York, l. and s. 5Wormser of New York, J. and w. Ssllig man & Co.,. Of New York, Blair & Co., New Yorx, Vermiliye 6 Co., of New York, F. $. Smithers & Co. Of New York, E iward Sweet & Co. of New York, Kounts Bros. of New York, Liidaw & Co. of New York, Bowery Savings bank of New York, Knicker booker Trust company of New York, Greenwich Savings bank of New York; Cooper, Hewitt Co. of New York, A. k. Enc of New York, A. b. Orr for Brooklyn savings bank; Brewster, Cobb & EusJa brook of Boston, Winslow, Lanier & Co. of New York, the Brooklyn Trust company, E. E. Rollins, M orse & Co.,, Blake Bros. & Co.
 Amoug other heavy bidders were these: Indiana Trust company, Indianapolis, $l, :, GOO ,OOo, at 116; Brown Bros. & Co.,, New York, $1 ,0Jo, 900, al 1l6 16; Brown Shipley & Co.,. London, Il ,000 900, at 1l5. 25 and in- ieres' Continental National sa bank, Chi. & Co.,. New York, s1, ,500. .00o, at JIG 80; Importers anu Traders National bank, New York, S2, ,0)0 ,0o0, at 1l6. .0Sl; Manhat. tan Trust company, New York, $l ,Oo0, ,O00. fS%Rs'y New Ho''0G York G9 00' 1osuai at ance company, s2, 500 .OO0, at 116%; Thames National bank. Norwich, Conn, S1,000.- GOO, at 116%; Speyer & Co.,, New York.
 90 o onS l1s a66 s sPsyer ss sssvsD & co New New York, $l ,00o 900, at 1l6. .406; speyer & Co.,, New York, $1, ,000, GOO, at 116. 766; Luden berg, rhaJman & Co.,, New York bids for $1 ,500, 900 in sums from $100. 600 to fZ0U,OU at rates IrOIu llO.OO to lll.llO. From these prices and amounts the bids ran down to bids from individuals for 5000. One of these in New York was for 5000 at 1C4. aae
 What are known as the foreign banking houses of New York, who are the heavy shippers of gold, were heavy bidders for the loan. At the syndicate's bid of IF O77 the rate of interest realized will be 2.S78 per cent. Only about $10. .00J, 900 of the bids were at prices above the syndi- cate's figures.
 There were no gold withdrawals an- nounced today from New York. At the close of business the treasury's stated ball. ance stood at $100, ,0O0 ,000, of which S58, 05S, ,000 was in gold. slight gain over yes terday's balance.