The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1895-12-17
SEEK OUR BONDS.
Fourteen Bids For the Bridge
Bonds Opened at Noon.
One Firm Offers a Premium of
$4,000.
SOME CALL 1T A BLUFF
Premiums offered Vary Many
Thousands of Dollars.
At 3 O'clock Bid of Spauldings
Accepted.
SOME CALL 1T A BLUFF

=
mand for county bonds than was wit
messed at the Office of the county clerk
for the five per cent, twenty year bridge
bonds. The county clerk turned over
fourteen bids to the county commission
ers, and eastern representatives of
bond and banking houses were there
IN person anxious to take the bonds
The first bid opened offered premium
of $4,000 for the bonds. The bid was
received by telegraph and was from tho
firm OF W. c. Spaulding & Co, of Cleve-
land, Ohio. and almost created a panic
among the other bidders. One or two
were heard to mutter:"Pshaw, that's only
a bluff"
At five minutas before ~ County
Clerk McCabe called out to the bidders
who were in the room: "Only five minutes
more to file your bids" There was
rush for the clerk and the sealed
envelopes which contained the
bids were handed to him.
A little later he called again. "Only one
minute more" and the last bid was hand
ed to him. Then his stentorian voice an
nounced that the bidding was closed. 1t
took the county clerk fifteen minutes to
arrange the bids, number them and wait
upon woman who had some trouble to
confide to him, and then he walked back
TO where the commissioners were in ses-
sion and announced that he was ready to
open the bids for the bonds.
Chairman Campbell was seated be-
tween the other two commissioners to
read the bids and the county clerk took
out his pencil to record them. The bid
ders and few curious citizens crowded
against the railing pencil and paper in
hand to keep tab" and then the county
clerk clipped open the telegram which
he had numbered ST."
The bids were as follows and were
opened in the order named:
w. c. Spaulding & Co, Cleveland. O..
$4,000 premium and accrued interest.
total amount offered, $163,O00
T. l, Mulvane, Chicago, total amount
offered $154,750; amount of premium,
$4.750.
Henderson & Co., of Glasgow, Scot
land, total amount offered, $153. $50:
amount of premium. So, $50.
Van Martin s. Co., New York, total
amount offered $154, 900; amount of pre-
MUM, 81 $50
E. II. Gray 6 Co. Boston and Chicago.
total amount offered $154,110; amount of
premium, $4,11O.
Seansongood & Mayer, Cincinnati, O.,
total amount of offer $15l, l,O43 10; amount
of premium, $1,O431O.
w. j. Hays & Sons, Cleveland, o, total
amount of bid $151 500; amount of pre-
MUM, 1880
N. D. MCKINLEY, Topeka, total amour
of bid, $153,350; amount of premium
$3.50.
C. II. White 6 Co., New York, total
amount of bid, $152, 700; amount of pre-
MUM, So 700.
Deitz, Dennison s. Prior, Cleveland.
total amount offered, 1858 amount
of premium, $5355.
The Accounting Trust company of
Topeka, total amount offered $153. 80;
amount of premium, $3.50.
Spiizer & Co., Toledo, O., total amount
offered $153,027; amount of premium,
$3.O27.
Fareon. Leach & Co. of Chicago, total
amount offered $157, ,965; amount of pre-
MUM, 1896.
Rudolph, Kleyholte s. Co. of Cincin
natl, total amount offered $151, ,O61. so;
amount of premium. S1.O61.50s
The commissioners then adjourned TO
.. N. and they announced thai. the bids
would then be discussed. One of the
representatives whose bid was very low
told the commissioners that the firm of
w. L. Spaulding & Co. was not reliable
or the bids of that firm might
have bee accepted without further CON
sideration. One thing is certain, the
bridge bonds will be sold at handsome
premium.
In case the bonds are not sold to
Spaulding, the bid of Deitz, Dennison s.
Prior, which is the next highest will
probably be accepted