Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1894-11-15

Washington, Nov. 14.-Seerenry
Carlisle late yesterday afternoon Is
sued a call for bids for Soo,Wo,oon OF
tiveper-cent. ten.ycar bonds, interest,"
ro h., paid in coin. which is interpreted
TO mean gold. 1t is confidently expect
ed at the treasury department that the
amount to be realized will be conSlu-
erably in excess of that received on the
other issue. For the last issue OF
bonds a very considerable amount OF
gold = approximated ut Sl9,ooo,no
was withdrawn from the suh-trtaS-
uries for the express purpose of using
ii again in paying for the bonds; ana
with a view of more exactly estimate
ing the amounts withdrawn for such
a purpose the sub-treasuries will keep
a record of all Withdrawals from now
till all accounts under the call are
settled and the names Of persons max
ing the withdrawals. Following is
the secretary's circular calling for the
bids:
"Treasury department., Washington,
d. c., November L. 1894. BY virtue
of authority contained in an act OF con
sreSs entitled AN act to provide Tor
the resumption of specie payments ap-
proved January "A, 1870, the secretary
of the treasury hereby gives pubic no
tice that sealed proposals Will he re
ceived at the treasury department. at
the office of the secretary untll u
o'clock noon on the tWcnty-tourth gay
Il tt.Nkt
of November, 1891, for nlted states
fiyc-uer-ccnt bonds IN either registered
or coupon form. dated February l.
1894, redcemablc in coin at the pleas
ure of the government, after ten years
from the date of issue, and bearing III
terest payable quarterly, i'll com, at
the rate of five per centrum per ahhuii''
The bidders whose proposals are ac-
cepted will be required to pay twenty
per cent in gold coin. or Eold certih-
cafes. upon the amounts of their hlds
as soon as they have received nouce Oh
the acceptance Of such bids ana pay III
like coin, or in certificates, an audl-
tional twenty per cent. ut the eNplra-
ton of each ten days thereafter un'll
the whole is paid; but they may, at op-
ton, nav the entire amount OF thelr
bids when notified of the acceptance
or at any time when the installment Is
payable. The first payment, however
will not be less than twenty per cent,
and must be made when the bidder re-
ceiyes notices of acceptance of his pro-
posal.
"Thc denominations of the bonds
will be $50 and upwards and the pld'
ders will, in their proposals, state the
denominations desired, whether reg
,stered or coupon, the price which the
bidder proposes to pay, the pace
where it is desired that the bonds shall
no delivered, and the office whether OF
the treasurer Of the United States or
OF the assistant treasurer of the unlled
States. where ii will be the most con
yenient for the bidder TO deposit the
amount of his payments. The bonds
will he dated February l, 1884, III or
der to make the proposed issue UNI
form as to date with existing issues,
hut interest thereon will begin Novem-
her /, 1894. and bidders will be re-
ouired to pay accrued interest at the
rate of five per cent on the face value
of their bonds from November list TO
the date or dates Of payment. The
total issue Of bonds, in pursuance TO
this notice, will not exceed the sum or
$4,000. 900. The secretary OF the
treasury hereby expressly reserves the
right to reject any or all bids. All
PROPOSALS should be addressed to the
secretary of the treasury, Washington,
D. c.. and should be distinctly marked
Proposals for the purchase of hve-
per.cent. bonds Blank forms for the
nroposals may be had on application
\ : ~ eaoro+ a ~ NJ tho treasury