The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1894-11-16
MORE BONDS.

MORE BONDS.
Tho Secretary Of the Treasury Calls for
Another Fifty Million Loan.
WASHINGTON, Nov. 14.-Secretary
Carlisle, late yesterday afternoon, is
sued his call for bids for $50, OOO, 900
per cent. ten 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 is
sued January 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 confidently expected
at the treasury department that an
amount will be realized considerably in
excess of that received on the February
issue. This expectation is based on the
fact 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 the
February issue is now quoted at Sis. so,
or about 2 per cent. above the price
which it would yield at per cent.
From the last issue there was realized
S5S, 600, 917.63, and of this amount $751;
$50, 264.24 was in gold coin, IS, 80, 400
in gold certificates and $3.50. 90 in other
money which the sub-treasuries were
compelled to take in making change.
While these amounts were actually
paid into the treasury in gold or its
equivalent, a very considerable amount
of gold was withdrawn from the
sub-treasuries for the express pur-
pose of using it again in pay
ing for the bonds. The exact
amount thus withdrawn cannot be
ascertained, but the best knowledge
obtainable is that it approximated S15,-
100000. With a view of a more exact
estimate of the amounts which may be
withdrawn between now and the SET
Element of all accounts under the call,
the sub-treasuries will from this date
keep a record of all deposits of legal
tenders made in exchange for gold and
the names of the firms or persons MAX
ing them. The following is the secre-
tary's circular calling for bids:
TREASURY DEPARTMENT, WASHINGTON, Nov.
10. 1s94.-By virtue of the authority contained
in the act OF congress entitled IAN Act to Pro-
vide for the Resumption of Specie Payments"
approved January II, 1873, the secretary of the
treasury hereby gives public notice that sealed
proposals will be received at the treasury de-
partment, office Of the secretary. until Il
o'clock noon, on the 24th day of November,
1884, for United States per cent. bonds in
either registered or coupon form, dated Febru-
airy I, 1894, redeemable in coin at the pleasure
Of the government, after ten years from the
date of their issue, and bearing interest pay
able quarterly, in coin, at the rate Of per
cent per annum.
Bidders whose proposals are accepted will
be required to pay 20 per cent. in gold coin, OF
gold certifcateS. upon the amounts Of their bids
as soon as they receive notice OF the acceptance
Of such bids, and to pay in like coin or certifi-
Gates an additional 20 per cent. at the expira-
ton Of each ten days thereof until the whole
is paid; but they may. at their option pay the
entire amount of their bids when notified OF
acceptance, or at any time when an INSTALL
ment is payable. The first payment, however,
no less than 20 per cent, must be made when
the bidder receives notices Of the acceptance
of his proposal
The denominations Of the bonds will be &C
and upwards, and bidders will, in their pro.
posals, state the denominations desired.
whether registered or coupon. the price which
the bidder proposes to pay, the place where it
is desired the bonds shall be delivered and the
office. whether that OF the treasurer Of the
United States or an assistant treasurer, where
it will be most convenient for the bidder to de.
posit the amounts of his payments.
The bonds will be dated February 1. 1894. In
order to make the proposed issue uniform as
to date with the existing issues; but interest
thereon will begin November I. 1894, and bid
ders will be required to pay accrued interest
at the rate of per cent. on the face value OF
their bonds from November 1 to the date OF
dates of payment The total issue of bonds, in
pursuance of this notice, will not exceed the
sum of S5OOO0,OOo.
pressly reserves the right to reject any or all
bids.
All proposals should be addressed to the Sec
rotary Of the treasury, Washington. D. c., and
should be distinctly marked Proposals for the
purchase of per cent. bonds"
Blank forms for proposals may be had on ap-
plication to the secretary of the treasury.
j. G. CARLISLE,
Secretary of the Treasury,