Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-02-05
OPENING THE BOND BIDS.
Nearly 5000 AggrSsatIng O75r Five
Hundred Million Dollars,


WAsHINuToN, Feb. 6-The secretary
Of tho treasury today opened tho bids
for the purchase Of slOO, 600, 900 United
States four per cent thirty year bonds
received under his call, uatei January
9Th lat. Tho bonds, tedteuRbie In
coin, will be issued IN denominations
OF $50, of multlplcs Of that sum, a. de-
sired by tho 0iduerr.
AtO O'Clock this morning, a force OF
clerks Ia the loans AMI currency dlyis.
ion began opening aud scheduling the
bids. The clerks were not allowed 10
leave tue room until the time for 70.
ceiving bids closed, 60 that by 20
chance could hny Information regard.
my the bids DO pramaturely disclosed.
Tue bids wers announced from
schedule already PREPARED ia the
sectotary's office, where a large mum.
Der OF biddefe and representative OF the
press gathered,
Tue interest manifested today at tho
treasury department In opening the
bids for the present. ioan lar exceeded
either OF tho 0tuers. AZ early ~ $3.50
O'Clock many prominent capitalists
from New YORK anu other eastern
oitiea began TO put In an appearance at
the treasury. All morning bond bids
came In rapidly, swelling the already
long list Of bidders. Every mail
brought list Of bond bids ana ut IL
O'CLOCK the expectations OF tbs trensury
officials were rising and predictions
were mnus freely That tho loan was
largely 0yor-subscribod and that the
bonds would Bring a good price.
Al 1850 tue large crowd assembled
about the Beorelary'a door was allowed
to eater aud all available space was soon
occupied.
The opening aud scheduling OF bids
was conducted under the direction OF
Assistant Secretary Curtis, by com.
miltee consistlug OF United States
Treasurer Morgan, Comptroller OF tho
Currency EcEvls and Mi. Huntington,
obiei OF tue division OF loans anu cut
rency.
Secretary Carlisle entered at IL
o'clock. Tho room was no densely
crowded that II was with much difil.
Guilty he could MAKE his way to his
seat.
Atl2;lO Mr.. Eokels, OF tho commit.
tee, announced tuAt up to tBis time
there have brcn received B,7U7 bios
aggTegsting $3.50, 232 500, ranging In
lAtNN AAViA par w aAAH anu tNnNkluus
Other bids mos yet opened would
probably raia0 the number 10 800, az
gTegating $40, 900. 900 more.
Tue big tyndiualo biIs were not 70.
osiveu until this morning ana tho 70.
suit was that II was impossible nj
O'Clock TO give the amounts or prices,
thu force OF treasury clerks being
swamped with tnu work Of taUulstlug
n vast number Of bids received prior 10
today, These earlier hIddsts, with the
exception VI Rlbsrl l., Glsndeuuing,
Phiiadelphia, sou, 900 ut Sll2.76; Al.
bert l.. Judson, $500, 900 NJ Sll4.75, were
bids Tor amounts below BAH million,
ranging from So 10 anou, $500, coo.
joe. Puuizsr bid for 81 ,O00, 900 at
Sllf. In nute accompanying tue bid
Pulitzer sayt. "PniH Old, NJ the hlgh.
est market today, ia Ia lieu n she Uiler
Of tho New York Word to heal tho
list with a subscription Of 81 900, 900 to
the popular loan on a basic, which was
not adopted, Of an open subscription at
fixed ami equal ratio"
J. Plefpout Morgan, Harvey Fisk n
Son ana the Druts0her BANK, OF Ber-
lin, as syndicate bid Tor 500, 900, 900
al 81, lOB,S75.
Mi. Eukels announced that bid for
500, 900 600 from doctor Ia Michigan
anu SlB,O0O,000 from some ons IN
rexae, were regarded ~ bogus and the
total VI s6s4 .26O, $50 should bs reduced
by the amount o, Ineso,
The Bank ut California, San Fran
cisco, bid Sll2.7S Tor 100000.
This total number o. bids received for
tho new loan lie 1910, aggrsgatlng
1908, 269, 800. Secretary Carlisle was
grsatiy pleased Vt the brilliantly oou-
spicuOus sueoess OF the loan, and said
IL showed what the people OF this
country would DO when appealed 10.
He Thought tue effect abroad would bu
very marked In our favor.
U. 4, TRUST COMPANY's BID.
NEW YoRK, Feb.5.-President John
A. Stewart, OF the United States
Trust company, sayE soar bids Tor
government bOnds were ilr $40, 900, 100
al u fixei price u sll0,075, Which neIB
| about percent, and au addl lilo nal 81 y .
COZ, 900 At a lower lgute." He says no
hos received reliable Information from
Warrington that no bias below III
| will DO accepted.