Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-11-14
THE BOND CALL.
A Circular Inviting Bids for 100000
900 Per Cent Ten-Year bonds.

A Circular Inviting Bids for 100000
900 Per Cent Ten-Year bonds.
AS predicted In The Star Secretary Car
lisle late yesterday afternoon, issued
circ ular inviting subscriptions for $4,000
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 Issued
January IA last are the omission Of the up
set or minimum price which would be ac-
copied and the notice that the proposals
for the present issue must be sealed. 1t Is
confidently expected at the Treasury De-
partment that an amount Of gold will be
realized considerably in excess of that re-
ceived from the February issue. This ex-
pectation is based upon 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 $11S.5O, or about z
per cent above the price which would
was realized $50. 660.81763. and of this
amount So, $50, 26424 was In gold coin,
$, $40, 40 in gold certificates and SS33.39 In
other money. which the subtreasuries were
compelled to take in making change
While these amounts we're actually paid
into the treasury in gold or its equivalent
a very considerable amount OF gold was
withdrawn from the subtreasuries Tor the
express purpose of using 1t again In pay
ing for the bonds. The exact amount thus
withdrawn cannot be ascertained, but the
best Judgment obtainable is that 1t approx
imated $15,OOO0OO. With a view OF more
exact estimate Of the amounts which may
be withdrawn between now and the settle
ment Of all accounts under the call, the
subtreasurer will from this date keep q
record of all deposits of legal tenders made
in exchange for gold md the names of the
firms or persons making them. The FOL
lowing Is the Secretarys circular calling
for bids.
The Secretary's Circular.
TREASURY DEPARTMENT.
Washington, ID. c., November IL, 1894.
By virtue Of the authority contained in
the act of Congress, entitled IAN act to
provide for the resumption Of specie pay
ments," approved January IA, 1875. the
Secretary Of the Treasury hereby gives no
tice that sealed proposals will be received
at the Treasury Department, office Of the
Secretary, until II o'clock noon on the
oath day Of November, 1894 for United
States five per cent bonds, in either regis
tered or coupon form, dated February l,
1884, redeemable in coin at the pleasure OF
the government, after ten years from the
date Of their issue, and bearing interest
payable quarterly in coin, at the rate OF
five per centum per annum.
Bidders whose proposals are accepted
will be required to pay twenty per cent In
gold coin, or gold certificates, upon the
amounts of their bids, as soon as they re-
ceive notice of the acceptance of such bids,
and to pay In like coin or certificates an
additional twenty per cent at the expira-
ton of each ten days thereafter, 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 installment is payable. The first pay
ment. however, of not less than twenty per
cent must be made when the bidder re-
ceives NOTICE of the acceptance of his pro-
posal.
The denominations OF the bonds will be
$50 and upward. and bidders will. in their
proposals, state the denominations desired,