Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1896-01-11
ANOTHER BOND CALL.
Secretary Carlisle Asks for Pop
u1ar Loan Of $1oo,ooo,ooo.
The Morgan Syndicate Deal on and tina
People Given Preference In Bidding
for the New Bonds-The
Secretary's Circular.

WASHINGTON. Jan. 6.-Speculation
concerning the amount and character
of the new bond issue was set at rest
last night when Secretary Carlisle
made public a circular on the subject.
The loan will be popular one, and
the circular, which is dated January
e, gives notice that the government
will sell 500, 900, 900 80 year, per cent.
coupon or registered bonds, dated Feb
.ruary 1, 1895, for which purchasers will
be required to pay in gold coin or gold
certificates. This is the first issue by
the present administration of such a
large amount of bonds at one time, all
the previous issues having been for
$50. 900, 900 each. The circular also con-
tains an in timation of possible fur
Their issue of bonds should the issue or
sale of additional or different form OF
bond for the maintenance of the gold
reserve be authorized by law before
February 5.
1t was almost midnight when Secre-
tary Carlisle's circular was made pub
lic, too late an hour to obtain the opin-
ion of public men on the action of the
government, or the pospect of the abb
sorption of the bonds by the people.
The fact that the bonds will be issued
in sums of $50 and nultiples thereof,
and be payab BILE in installments, is a
feature which it is believed will make
them regarded with popular favor.
The main reason for dating the
bonds year back is said to be in
order to give the public a better op.
portunity to judge their market value
by comparing them with the gold As
issued at that time, so that their bonds
can be made to conform with the
market value of these bonds on the
1st of February. The circular is as
follows:
Treasury department Office of the secre-
tary Washington, January 8, 1S91-Notice is
hereby given that sealed proposals will be re-
ceived at the office of the secretary of the
treasury, at Washington, D. c., until II O'Clock
m Wednesday, the 5th day of February,
1896 for the purchase of $1,000 900 of United
States four per cent coupon or registered bonds,
In denominations of $50 and multiples OF that
number, may be desired by the bidders.
The right to reject any all bids is reserved.
The bonds will be dated on the 1st day of Feb
ruary, 1895, and be payable in coin 30 years
after that date, and will bear interest at four
per cent per annum, payable quarterly, in
coin, but all coupons maturing on or before the
1st day Of February, 1896, will be detached,
and purchasers will be required to pay in
United States gold coin, or gold certificates,
1Or the DOnQS AWARDED 10 Lnom, ana all inter-
est accrued thereon after the 1st day of Feb
ruary, 1895, up to the time of application for
delivery.
Payments for the bonds must be made at the
treasury of the United States at Washington,
ut the sub-treasurieS a t New York, Boston,
Philadelphia. Baltimore, Cincinnati Chicago.
St. Louis or New Orleans or they may be
made at San Francisco with exchange on New
York, and all bids must state what denomina-
tionS of bonds are desired and whether coupon
or registered, and at what place they will be
paid.
Payments may be made by installments, as
follows: Twenty per cent upon receipt of
notice of acceptance of bids, and 20 per cent.
at the end of each ten days thereafter; but all
accepted bidders may pay the whole amount at
the date of the first inStallment, and those who
have paid all inStallments previously maturing
may pay the whole amount of their bids at any
time not later than the maturity of the last in
Stallment.
The bonds will be ready for delivery or
before the 18th day Of February, 1896.
Notice is further hereby given that II the
issue and sale of an additional or different
form of bond for the maintenance of the gold
reserve shall be authorized by law before the
5th day of February, 1896, sealed proposals for
the purchase of such bonds will also be re-
the same date, and upon the same terms and
conditions herein set forth. and such bids will
be considered we'll as the bids for the four
per cent. bonds herein mentioned,
J. 6. CARLISLE, secretary of the tire aSury.