The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-11-14
Making 500, O,OOO, 900 ChargeabIe to His
Administration ON Which the PeO-
pIe Must Pay Interest.
CARLISLE CALLS FOR BIDS
SAME TERMS AS LAST ISSUE, WITH
THE UPSET PRICE OMITTED.
Gossip About Control of the Next Sem
ate-RepubIicans May Refuse to
Dicker with Populists.

WASHINGTON, Nov. 13.-Secretary Car
Isle late this afternoon issued his call for
bids for $5O,00O,000 five-per-cent ten-year
bonds, interest to be paid in coin. which is
interpreted to mean gold The only ma
terial changes made in the present call
from that issued Jan. ii last are the omis-
sion of the upset 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 from the February 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 s11S5O, about per cent.
above the price which would yield per
cent. From the last issue there was realized
SIS, $780, 63, and of this amount $52S50, ,264 "a
was in gold coin, $5,Sl0,420 in gold certifi-
Gates and s23S.39 in other money which the
subtreasuries were compelled to take in
making change. While these amounts were
actually paid into the treasury in gold or
its equivalent, very considerable amount
of gold was withdrawn from the subtreas-
uries for the express purpose of using it
again in paying for the bonds. The exact
amount thus withdrawn cannot b.. ascer-
tanned, but the best knowledge ohtainable
is that it approximated sl5.0co,Ooo. With a
view of a more exact estimate of the
amounts under the call the subtreasuries
will, from this date, keep a record of all
deposits of legal tenders made in ex-
change for gold and the names of the firms
iS he
Secretary's circular calling for bids:
"By virtue of the authority contained in
the act of Congress entitled an act to pro-
vide for the resumption of specie payments.
approved Jan a. 1872 the Secretary darc of the
sealed proposals will be received at the
Treasury Department, Office of the Secre-
of November, 1894, for United States five
percent. bonds, in either, registered or
coupon form, dated Feb. 1. 1894. redeem-
ment after ten years from the date of their
issue. and bearing interest payable quar-
terly,. in coin, at the rate of per centum
Bidders whose proposals are accepted
will be required to pay 20 per cent. In gold
coin. or gold certificates. upon the amounts
of their bids as soon as they receive no
tice of the acceptance of such bids. and to
pay n like coin or certificates an additional
70 pe5 cent. al the expiration OF each ten
days thereafter until the whoIe.is paid; but
they may, at their options, pay the entire
amount of their bids when notified of ac-
ceptance, or at any time when an INSTALL
ment is payable. The first payment, how
ever, of not less than 20 per cent. must be
made when the bidder receives notice of
the acceptance of his proposal.
1.-The denominations of the bonds will be
$50 and upwards, and bidders will, in their
proposals, state the denominations desired,
whether registered or coupon, the price
which the bidders propose TO pay. the place
where it is desired the bonds shall be de-
livered. and the Office, whether that of the
Treasurer OF the United States or as
sistant treasurer of the United States,
where ii will be most convenient for the
bidder to deposit the amounts of his pay
ments.
THE bonds will be dated Feb. /, 1894, in
order to make the proposed issue uniform
as to date with the existing issues; but
interest thereon will begin Nov. /, 1884, ana
bidders will be required TO pay accrued
interest at the rate of per cent. on the
face value of their bonds from Nov. 1 to
the date or dates of payment. The total
issue of bonds. in pursuance of this notice.
will not exceed the sum of 5000 00.000.
1.-THE Secretary of the Treasury hereby
expressly reserves the right to reject any
or all bids. All proposals should be adj
dressed to the Secretary of the Treasury,
Washington, d. c., and should be distinct
ly marked, Proposals for the purchase of
fve-per-cent. bonds" Blank forms for pro-
posals may be had on application to the
Secretary of the Treasury.
u. G. CARLISLE
Secretary OF the Treasury
The cash balance IN the treasury to-day
was S1OS, 75s CSC: gold reserve S62. .OOl log