The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1894-11-14
DEEPER INTO DEBT
Carlisle Issues a Call for Fifty
Millions More Bonds.
They Are to Run Ten Years at
Five Per Cent.
A PREMIUM EXPECTED.
VIII Bring More Than Former
Issue it is Thought.

WASHINGTON, Nov. Secretary
Carlisle, late yesterday afternoon, is
sued his call for bids for $50. 900, 600
per cent ten year bonds, interest to
be paid in coin, which is interpreted
to mean gold. The only material
changes made in the preset call from
that issued Januury IA last are the
omission of the upset or minimum
price, which would be accepted, and
the notice that the proposals for the
present issue must be sealed. 1t is
fidently expected at the treasury
department that amount Will be
realized considerably in excess of that
received on the Fe bruary issue. This
expectation is based on the fact that
there are exceptionally large amounts
of money now lying idle and seeking
investment in the money centers of
the country, and upon the further
fact that the February issue is now
quoted at Sis. 50, or about per cent
above the price WI zen it would yield
at per cent From the last issue
there was realized SIS, coo, GIG and
of this amount $50, $50, 264.24 was in
gold cOiE, IS. 51O APO in gold rtid-
Gates and $e33 80 in other money
which the sub-treasuries were com
PEELED 10 take in making change
While these amounts were actually
paid nto the treasury in gold or its
amount of gold was withdrawn from
the sub-treasuries for the express
purpose of using it again in paying
Tor the bonds The exact amount
thus Withdrawn cannot be ascer-
tanned, but the best knowledge OBJ
taina BILE IS that 1t approximate SIS
GOO, 900. With view of a more exact
estimate of the amounts which may
be withdrawn between now and the
settlement of all accounts under the
call, the su b treasures will from this
date keep a record of all deposits of
gold and the names of the firms or
persons making them
The following is the secre tary's cir
cular calling for bids;
Treasury Depart ent
''WashingtOn. Nov IL, 1894.
by virtue OF the authority contained in be
for the Resumption Of Specie PAY ments.' APP
proved January II, ls75. the secretary OF the
sealed proposals. viii be received at ths treas
urv departnent once or the secretary. until
L c. clock noon. on the Gath day Of November.
1894. for I'm cd States per cent bonds IN
either re .lstered or coupon form. dated Feb
ure Of the sovernrne Mt alter ten wears from
payable quarterly in coin, at the rate Of per
Bicders whose proposals are accepted will
be REG uired to pay % per cent IN gold coin,
old cSrtlncateS. upon the amounts or
their bids they receive notice OF
the acceptance Of such bids ana pay like
coin or certificates additional 70 per cent
until the whole is paid but hey may. at their
option pay the ntire amount oil their bids
when mott ned Of a acceptance. at any time
when installment il payable The first
payment however less than 20 per cent.
must be made when the bidder receives
tees Of the acceptance OF his proposal
The denomination Of the bonds " ii be $50
and upwards. and bidders viii in their pro-
posals. state the denornin It ons desired.
whether fstered or coupon. the price which
the bidder proposes to pay. the pace where
il Is desired the ond5 shall BE delivered and
the once, whether hat Of the treasurer cf the
United States -slstant treasurer. where
it Will e most convenient for the bidder to
post the MOUNTS Of MS payment
The bonds will be .ted February 1894,
in order make the proposed issue Uniform
as to date with he exist issues but inter-
est thereon will begin NoValn Der 1, a. and
bidders viii be required TO pay accrued inter
est at the rate OF per cent the face value
OF their bonds from November to the date
dates Of payment The total issue of bonds in
pursuance Of this notice, VII Rot exceed the
sum or So 0Jy.0J3
The secretary hereby expressly reserves
the ri b to reject any all BIDS
AL proposals should be addressed to the
secretary OF the treasury, W tsh.ngton ID c.,
and should be distinctly marlxei Proposals
for the purch t~e of per cent bon ds
BLANK forms for proposals may be had
application to he secretar Of the treasury
J @ CARLISLE,
Secretary Of the Treas -