New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-31
RUMORS IN THE STREET.
TIE STOCK MARKET WAITING FOR THE AN
No;'NCEMENT OF THE ISSUE.


NovNCEMENT OF THE ISSUE.
There q no denying that Wall Street is very
much mixed on the impending issue of Government
bonds While syndicate has been made up in
formally 10 purchase the bonds. the Administration
has rot yet furnished Information 10 the terms
on which will ofer them. II is considered as good
as settled that thrty-year per cent bonds wifi
he limited The plan. understood. is to sell out
right yoooocoO and to arrange for the sale of
SlDGoW0 more later
Not litte surprise created in the Street yes
terday when came that j. Pierpont Morgan on
his visit Washington on Tuesday of last week
did not as fact. see President Cleveland or Sec
rotary Carlisle. II had been supposed that Mr.
Morgan and his counsel Francis Iynde Stctson had
8 conference with the President and the Secretary.
Neyertheess the oreanzalion Of TIE synqieste TO
A rather startling report which could not be con
cate have what were not taken by the puhiic-in
ISSUE "'O9 nave
There was also story that Mr.. Cleveland had
with the bond issue Il was said he had arranged TO
tered into alliance with that empire as against
Great Britain. THIS yarn was regarded, of course.
that Russia although or a paper basis. has been
for s9r;e time accum ting gold with the idea. pre-
.suma biy,gpt going Orfa goid basis si.
Not mdsh doubt Is enertaned OF the ability to
tinne 10 enes. thsr s,aPptona o. MOI he suc
= TIE bonds now thai the scare has died out.
$ fair amount Of the boTfs will De disposed of in
tiermauy although 1t Is declared tina; the Bleich-
rolers viii not handle any Of them. There seems
= BE- ground Tor the statement that the Roth
schilds viii not be buyers OF the bonds. The banks
throughout the United States are camoring for the
bonds. -,
There is talk that holders of gold bonds OF rail-
road corppan!es and other corporations may de-
nsnd that their January coupons shall be PAD IN
gold The risht 10 call for gold IL not denied but
The trust companies ard banks that pay the IN
ferest say that If gold is called for the corpora
lions must furnish IT, Checks are generally used 10
nav coupons An advance as high as three-quarteTs
~ 1 Der cent has been paid for gold 10 be USED IN
sing the bonds This advance Is TOO large 10
be designated q commission. IL is undeniab,y
premium permanent one There viii De
a stipula ton subscribers Tor the pon9s SnaIl
not withdraw gold to pay for the bonds from
,re United States Treasury. They must get II from
sources which will no, lower the government ,ea la
sunoly II will also he provided that at least par
of tie eynent for the bonds taken by the s'hoi-
cate shsu be in gold procured ABROAD.
The stock market yesterday was duil ana heaFy:
cnecnlators were waiting for the announcement OF
ia bond issue There was slight HUFF! IN nlonsy
a, noon which carried II 10 % per cent put tne
,,,iinp rate was per cent. telling eHchaise M1s
assieT and IL was doubted whether much Soiu
y'ouId he taken from the Sub Treasury OF ASA!
odce to-day for shipment 10 EUROPE , Nv
M ,oan certificates were called for by BANKS De-
ionging to the Clearing House.