Waterbury evening Democrat., 1895-02-01
BONDS TO G0 .-..h0AD.
An Issue of $Ioo, 900, 900 Will
 Be Made at Once.
R0THsoHlLDs TO TAKE ONE-HALF

Be Maue at OnCe. ROTHsCHILDs TO TAKE ONE-HALF. Other Foreign Bankers wnI Buy Another Quarter, and Se5.OOO.OOO Worth wIn Stay at Homo Arrangements Made In New York by Assistant Secretary Curtis. NEW YORK, Fob. 1.-rhe adm nistra- tion and foreign banking syndicate, 1t Is confidently asserted, have reached an agreement and unless something han ems to interfere with the present Ian a hund issue may be made late tndiwnr toInor- row.
 At the meeting of the cabinet which will Do held in Washington today Sevretnry Carlisle 1t is understood, will report that tho foreign bankers have agreed to sub scribe to an issue of bonds amt that they advise ono of $loo. GOO. 900 Ut l per cent.
 Authority to issue these bonds was eiv- en to the secretary of the treasury under the resumption act of 1870. Under this act there arc three kinds of bonds which the secretary may issue. They are per cent bonds which run ten years, 4ls per cent bonds which run h years and Ter cent bonds which run 30 years. One reason why the , per cents have not been selected is that the German hankers say that Ger many has not handled per cents and would rather stick to tho Is,
 It was practically agreed yesterday at conferences hold in the suhtreaSury that Q bond issue for Sl00. O1n. GOO at per cont would be taken. and tine assistant secre- tary of the treasury, William l.. Curtis who represented the administration, in formed the foreign bankers who were present that their viewi would be submit ted to the administration today.
 The banking houses of August Belmont & Co. and ]. T. Morgan & Co represent the foreign syndicate. the former acting for the Rothschilds who will take $5O 900. O0G, and the latter representing the other foreign bankers. It is understood that S75. GOO. ODO of tho issue will be placed abroad and the other S25, 0 O. Oon with the New York banks.
 RothschiIds Will Take some. It was said that the bonds may not be | placed abroad directly, but may be sub scrihsd fer hS the syndicate ana let iA the Keeping of the treasury. The Sy ndi. cato could then sell its obligations abroad with the additional security of tho bondl held herc.
 The terms on which tine per cent bond:
 
 riouS reports were heartl in Wall street about tho prOpoSeG issue, One report wa. that the government wanted to sell th' bonds outright, but that the foreign bank | CTS wanted to advanoe money on coz q Cates of deposit and eventually to gel now , per cent hund according tO a Inv which might be passed at an extra scS, O' of the new congress, or else per cen ! bond under the present law on j De cent basis.
 One feature of the new issue is that i pending the receipt of the gold iron abroad. tho New York banks will advano the government as much gold as it wishes This, however, is questioned on the gruun that tho banks could not legally mak such a loan
 Foreign Iiapkcr- Called In.
 The fact that Mr. Curtis, the assist mt secretary. was In New York caused al sorts of reports in Walll street yesterday and when il ccame known that Inc wa herc to find out whether or no; thc foruig bankers would subscribe to a Govornmen loan there was much comment that th secretary himself did not come to perforI this important work. One year ago Secri tary Carlisle came 10 New York O. begging and he found that the New York banI were willing to help the government ou Yesterday tho New York bank president were not consulted by tho gopreSontStIv of the treasury department. but he invite the heads Of all the foreign banking house to meet him at the subtreasury, and as result bend Issue will undoubtedly made.
 Before President Cleveland issued h last special message August Belmont WI in Washington and he conferred wit the president about q bond issue whiC would he marketable abroad. and he WI told to ;n ahead and form n syndicat Yesterday MT, Belmont, representing u Rothschilds Informed the assistant socr tary that he could place s5N. Oo0. 00o wit the Rothschilds, and then !. PlerpOI Morgan was called in. and he agreed look after q SoOi part of the loan in Il interests of other houses.