Birmingham age-herald., 1894-11-27
TIE SYNDICATE WINS. John A. Stewart and His Asso-
 ciat E:aet the Bonds. FOR7 stN CORPORATIONS
 z Con : n for a Slice of the Pie. ~ he Correspondence c. With Carlisle.

WAsHiNGToN Nov. G6.-The secretary of the treasury has accepted the proposal of John A. Stewart, president Of the United States Trust company, and his associates to purchase the entire issue Of per cent bonds, amounting to s5o, 900, ,0O0, at IF. .077 with accrued interest from November 1. The proceeds of the bonds under this bid will be S49, 5l7.62 greater than it would be If the other highest bids were accepted. A very important advantage to the govern ment in accepting this bid is the fact that all the gold will be furnished outside aud none drawn from the treasury, also that it is more convenient and less expensive to the department to deal with one party rather than many.
 Secretary Carlisle was informed late this afternoon that the Stewart syndicate, to whom the entire S5), ,000, 900 new bond loan was awarded, has paid into the sub- treasury at New York today on account Of the first installment SIS, 900, 900 in gold. Assistant Secretary Curtis state1 this afternoon that S5, ,000, ,000 of the new bonds were all ready 10 be delivered, and the balance of S45, ,010, 900 would be ready for delivery after De- cember next.
 The following is the text of the accepted bond bid:
 'NEw YoRK, Nov. 24, 1891. "Hon. John G. Carlisle, Secretary of the
 Treasury
 ''SIR: We hereby propose, under the terms of your circular of November 13 1894, to purchase United States per cent ten year bonds described in said circullr of the face value of $50, 900, ,000, and we agree to pay therefor at he rate of S117. .077 and accrued interest. This bid is for the whole S50 900 900, but for no lesser amount. We iurLner agree, upon due notice of the ac- ceptance of this subscription, to deposit the amount thereof in gold coin or gold certif- cates with the United States assistant treas- urers at Boston, New York, Philadelphia, Baltimore, Washington, Cincinnati, Chi cago, St. Louis, New Orleans or San Fran cisco in accordance with the terms of said circular.
 'tWe desire registered or coupon bonds in denominations as stated below, and we wish them 10 be dellved to us as follows: S40 ,000 900 at New York, S3, coo, 900 at Bos- ton, $3 900, 900 at philadelphla, S2,0 ,000, ,000 at Chicago and 1000, 900 at San Francisco, or other United States treasuries as may be approved by the treasury department.
 "Unitsd States Trust company of New York, by John A. Stewart, president; Union Trust company of New York,-byy- Edward King, president; Drexel, Morgan & O.. , by Drexel; the First National bank of New York, by Harvey, Fisk & Sons.'s
 The denomi nations of bonds desired are stated as follows: Coupons, S25, 900 in $50 bonds, S25, 900 in s100 bonds, s34 ,950, GOO iu TioOV oouur, anu Yioyooo ,ooU III IeBlsteTeu bonds of $10. coo denomination.
 The following additional statement is made in the bid:
 s'For the information of the department we beg to state that foreign corporations, firms and individuals are interested with us in this bid: Drexe 6 Co.,, Philadelphia; J. s. Morgan 6 Co.,, London; National Bank of Commerce, New York; Chase National bank, New York; Fourth Na- tional bank, New York; National City bank, New York; Hanover National bank, New York; First National bank, Chicago; Mutual Life Insurance company, New York; Gallatin National bank, New York; Merchants National bank, New York; Manhattan Life Insurance company, New York; Morton, Bliss & Co.,, New York; Heidelbach, Ickelheimer & Co.,, New York; 1. & 8. Wormser, New York; J. & w. Seligman & Co.,, New York; Blair & Co.,, New York; Evermilye X Co.,, New York; F. Smithers 6 Co.,, New York; Edward Sweet & Co.,, New York; Mounts Bros., New York; Laidlaw x Co.,, New York; Bowery Savings bank, New York; Knickerbocker Trust company, New York; Greenwich Savings bank. New York; Cooper, Hewitt & Co.,, New York; A. E. Orr, for Brooklyn savings bank; Brewster, Cobb & Esta brook, Boston; Winslow Lanier & Co.,, New York, Brook lyn Trust complny; E. E. Rollins, Morse & Co.,, Boston; Blake Bros. & Co.,. Bos- ,,