The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-02-01
CURTIS SECURES PROMISES.
Foreign Banking Houses VIII Take
100000, 900 of Bonds.

$1OOOOO,0OO of Bonds.
NEW YORK, Jan. 31.-Assistant Secre-
tary of the Treasury William f. Curtis, who
arrived from Washington last night, reached
the subtreasury this morning shortly after
IL O'Clock and had conference with rep
representatives of the leading foreign bank
Ing houses in this city. including August
Belmont, who represents the Rothschilds;
George F. Crane. of Barring. Magoun &
Co.; Ernest Thalman, of Ladenberg. Thai
man & Co.; James Speyer, of Speyer &
Co.: Isaac N. Seligman of Seligman &
Co.. Maurice Wormser, of Wormser &
Co., and Mr.. Meyer. of Lazard Freres.
Mr.. Belmont was among the earliest call
ers on Mr. Curtis, and on leaving the SUBJ
treasury he went directly to the office of
J. Pierpon Morgan & Co. and had pri-
vate talk with the head of the firm, re-
turning with him and going into confer
ence with the Assistant Secretary The
three had an extended discussion behind
closed DOORS At 2:30 o'clock Mr.. Curtis left
the subtreasury by a rear door, thus
avoiding the reporters who had not been
able to obtain access to him at any time
during the day.
After the Assistant Secretary had gone,
Subtreasurer Jordan accorded the reporters
an interview. He said: mr. Curtis came
the Secretary of the Treasury to obtain in
formation needed by the department and he
has left for the capital with his mission ac-
complished, but nothing has been sold and
nothing has been bought. 1t is a fact that
he came to discuss the question of placing
a government loan As to the story of
sterling loan, there is nothing in it." Mr.
Jordan would say nothing further on the
subject and all further queries were met
with the statement that he had nothing
started for Washington.
1t is confidently expected in financial cir
cles here that new bond issue will be an
nounced within few days, and the amount
OF the loan is generally estimated at $780,
10000 1t is known that the foreign bank
favor of a four-per-cent. bond hence, it
is believed that long-term fours will be is
sued at price which will yield the pur-
There Is excellent authority for saying
that Mr.. Curtis was vested with authority
to do more than ascertain the views of the
New York bankers. All those with whom
ne conferred were representatives of foreign
firms of the leading financial centers of
prominent part in the conferences is the
Rothschilds' representative. August Bel
mont, who is credited with having formed
entire 500. 100000 loan, with the understand
and SIS, 900 at home. The gold to pay
Tor the bonds will come, it is said, in great
part, II not as whole, from home sources
but without recourse to the United States
treasury. 1t is known that Mr. Curtis COM
municated by telegraph, in cipher, with Sec
retary Carlisle during the day, and received
reply, but the nature of the message is
not known.
A member of foreign house which was
represented at to-days conference stated
to a reporter this evening that the negotia-
tons for the government loan had been
practically completed to-day on the terms
given above, and that unless the Sslnex-
peeted happened the official notice would be
given out tomorrow the day after. He
also said that August Belmont was taking
which President Stewart, of the United
States Trust Company, took in floating the
recent hve-per-cent. loan. This gentleman
limited that after the conference at the sub
treasury had closed to-day Mr. Curtis held
a secret session with Mr. Belmont, at which
pretty definite terms We're made