The Helena independent., 1894-11-14
GOOD CHANCE TO INVEST
Carlisle Will Offer s50,0o0.000
Worth OF Five Per Cent Ten Year
Bonds for Sale.
Conditions OF Sale Set Forth In
a Circular From the
Treasury.


Washington, Nov. is.--sccrotnry Car
isle this afternoon issued his call for
bids for $50, 900 900 five per cent ten year
bonds Interest NO be paid IN coin.
which IL Interpreted 20 mean gold. The
only material changes made IN tho pres
ent call from that Issued Jan. 10, last,
are the omission of the upset or mint
mum price which could be accepted.
and notice OF proposals for the present
issue must be sealed IL 10 confidently
expected az the treasury department
that an amount will be realized conFid-
erably in excess Of that received on the
February Issue. This expectation is
based on the fact that there are eNcep-
tionally large amounts Of money now
lying Idle and seeking investment In
the money centers OF the country, and
upon the further fact that the January
Issue Is now quoted al Si1s5O. From tho
last Issue there was realized SIS, &C.,
9l7G3. and OF this amount s52s5O, ,2Gl.24
was In gold: s5.slO.i20 ia gold certln-
Gates. and S233.39 la other money.
which sub-treasurers 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withdrawn from sub-treasuries for the
express purpose OF using II again In
paying for the bonds. The exact
amount thus Withdrawn cannot be as
certained, but the best knowledge OBJ
tainable is that II approximates Sl5.-
100000. With a view OF q more exact
estimate Of the amounts which may be
Withdrawn between now and the set
tement OF all accounts under the call,
the sub-treasurles will, from this date.
keep record OF all deposits OF legal ten-
ders made In exchange for gold and the
names OF the firm or persons making
them.
The following is the secretary's cir
cular calling for bids:
by virtue OF the authority contained
In the act OF congress. entitled an act to
provide for the resumption OF specie pay
ments, approved Jan. 4. 1885 the sec-'
retary OF the treasury hereby gives pub
lie notice that sealed proposals will be
received at the treasury department.
office OF the secretary, until IL o'clock
noon on the 24th day OF NovembeF.
| 1894. for United States five per cent
bonds, in either registered or coupon
form, dated Feb. !. 1894, ,redeemable N
coin at the pleasure of the government
after ten years from the date OF their
issue, and bearing interest payabie
quarterly In coin at the rate OF five per
cent per annum. N
Bidders whose proposals are accept-
ed will be required 10 pay 20 per cent in
gold coin. or gold certificates upon tha
amounts - their bids as soon as they
receive notice OF the acceptance OF such
bids, aud TO pay in like coin or certifi-
Gates an additional 20 per cent at the ex-
piration OF each ten days thereaftsn
until the whole is paid; but they may.
at their option, pay the entire amount
OF their bids when notified OF accept
ance, or at any time when an install-
ment In payable The first payment.
however, no less than 20 per cent, musc
be made when the bidder receives no~
tice of the acceptance of his proposall
THE denominations OF the bonds wilI
$50 ~ Il upwards and bidders WIN.
In their proposals, state the denomina<
tions desired. whether registered Cd
! coupon. the price which the bidder
proposes TO pay. place where II is de1
sired the bonds shall be delivered, and
the office, whether that OF the treasured
OF the United States or an assistant
treasurer. whore IL viii be most conven4
lent for the bidder 10 deposit the amount
OF his payment. The bonds will ba
| hdfu Ftu. IL Aooft III Nutl W Hlhht Aut
proposed issue uniform as to date with
existing issues; but interest thereon viii
begin Nov. ]. 1894, and bidders will ba
required 60 pay accrued interest at thd,
rate or flVe per cent on the face value
OF their bonds from Nov. 10 the date
or dates OF payment
THE total issue OF bonds In pursuance
| OF the notice will be not To exceed $50,
900 900. The secretary of the treasury
1 hPTalNr axafsaea1g F.ka fha rlOht 90.
reject any or all bids. All bids. ali
proposals, should be addressed to thd
secretary OF the treasury. Washlng4
ton. d. c.. and should be distinctly
marked proposals for the purchase oe
flve per cent bonds
BLANK forms OF the proposals may bq
had ON application To the secretary Of
the treasury. (Slgned) II
II. G.. CARLISLE,
.SgrretnrN Of the Trnaarisv -