The people's journal. (Pickens, S.C.) 1891-1903, 1894-11-22

EARTHQUAKES GENERALLY GIVEN
IN THE OFFICIAL CIRCULAR.
Washington, Nov. 13.-The fol.
lowing circular was issued at Blk
this afternoon:
"Ireasury department., Wasbing.
ton, d. &C., Nov. 13, 1894.
"By virtue of the authority con-
tanned in the Act of Congress enti.
tlod an Act to provide for the
resumption of specie payments,'
approved January IL, 1895, the
Secretary of the Treasury hereby
gives public notice that scaled pro-
posals will be received at tho
Treasury Department., Office of the
Secretary, until 12 o'clock noon.
On the twenty-fourth day of Nov.
1891, for United States five Dor
cent. Bonds in either registered
or coupon form, dated February
|, 1884, redeemed in coin at the
pleasure of tho government after
ton years from tho date oc the is
sue and bearing interest payable
quarterly in coin at tho rate oftiyo
per centum per annum.
"Bidders whose proposals are
accepted will be required to pay
twonty per cent. in gold coin or
gold certificates upon the amount
OF thoir bids as soon as they re-
notices of the acceptance of such
bids and to pay in like coin or GER
tlficates an additional twenty per
cont. at tho expiration of each ton
days thereafter until the whole is
pald; but thcy may at their op-
ton pay tho entire amount of their
bids when notified Of their acceD-
tancc, or at any time when an in
stallmont is payable. The first
payment, however, of not less than
twenty pcr cent. must be made
whom tho bidder receives notice
of tho acceptance Of his proposal.
Tho denominations of the bonds
will bo $50 and upwards and bid
dors will in thoir proposals state
the denominations desired, wheth-
or registered or coupon, tho price
which tho bidder proposes to pay,
tho place where it ls desired that
tho bonds shall be delivered and
tho Office, whether that of tho
Treasurer of tho United States or
an assistant, Treasurer of tho
United States, whore it will bo
most convenient for the bidder
to deposit the amounts of his pay
ments. The bonds will bo dated
February /, 1894, in order to make
tho proposed issue uniform as to
dato with the exciting issue, but
interest thereon will begin Nov. 1,
1894, and bidders will bo required
to pay accrued Interest at the rate
OF five por cent. on the face value
of thoir bonds from November
| 1st to the datc or dates Of pay
mont.
"Tho total issue of bonds in pur-
suanco of this notice will not OK
coed tho sum Of $50, O,O0O,O
"Thc Secretary of tho Treasury
hero expressly reserves the right
to reject any or all bids. All pro-
posals should be addressed to tho
Secretary OF tho Tire Try, Wash
ington, ID. c., and should be dis
tlnctly marked: "Proposals for
tho purchase Of fvo per cont.
lb0nds."
:Blank forms for proposals may
be had on application to tho Sc
crctary of tho Treasury.
(signed( J. G. CARLISLE,
''Sccrotary Of Treasury"
QUICKLY TAKEN.
New York, Nov. 13.~-The sue
cess Of tho now government. issue
: is already assured. 1t can be sta
tcd on the highest authority that
Drexol,. Morgan & Co., and Spey.
or L. Co., and John A.. Stewart
f. president Of tho United States
Trust Company, and his following
, stand ready TO take the whole is
: suo. Drcxol, Morgan & Co, an(
Shey6r Il Co., have sounded th,
, feeling in London regarding th
= now issue and have found it yer,
: avorablo. They will according
}, ~ put in bids for large amount
}, lof tho bonds and If the publ