The Bryan daily eagle. (Bryan, Tex.) 1895-1898, 1896-01-09

WASHINGTON. Jan 6. Speculation
concerning the amount and character
% the new bond issue was set at rest
last night when Secretary Carlisle
made public the subject. The loan
will be a popular Que and the circu-
lar which Is dated Ssnuary 6, giyes
notice that the government will sell
500, 600, 900 thirty-ycar per cent
coupon or register bonds dated FEBRUARY
/, 1895, for which purchasers will be
required TO pay In gold coin OF 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 $780,
OOO, 900 each. The circular also con
tains an intimation Of a possible further
issue OF bonds should the issue or sale
OF an additional or different form OF
bond for the maintenance Of the gold
reserve be authorized by the law be-
| fore FEBRUARY o.
II was almost midnight when Secre-
tary Carllslc's circular was made pub
lie. The fact that the bonds will be-
/ issued In sums OF $50 and multiples
thereof and be payable In installmenta
Is a feature which, Il Is believed, will
make them regarded with popular
favor.
The main reason for dating the
bonds a year back Is said TO b. In or
der to give the public a better oppor-
tuniiy TO judge their market value 10y
comparing them with the gold Is is
sued at that time. so that the.r bids
can be made TO conform with the mar
Eot value Of those bonds ON the lot o
February.
Tho circular Is a. follows;
Treasury Department. Office Of Sec
rotary, Washington, Jan. &, 1896.
Notice is hereby given that sealed pro
posals will he received At the Office o.
the secretary Of the treasury az Wash
ington, ID. c., until o'clock noon OF
Wednesday, the 9th day Of February
1896, for the purchase OF one hundred
million dollars 800, 900, 0O0) Of Unitet
States 4 per cent coupon or registered
bonds, In denominations OF city dollar
(50) and mnltiples Of that sum as ma!
be desired by bidders.
"The right 10 reject any or all bid
Is reserved.
The bonds will bc dated on the "
day Of February, 1895, and payable IL
coin thirty years after that date an,
will bear interest at 1 per centum pei
annum. payable quarterly In coin, bu
all coupons maturing on and before th'
let day OF February, 1896, will he de
tached and purchasers will be rcquir
cd 10 pay In United States gold coin o.
gold certificates for the bonds awarie,
to them and all interest accrued there
on after the lst day Of February, 1896
| up 10 the time Of application for deliy
cry. Payments for the bonds mus
be made az the treasury Of the Unite'
States az Washington. u. c.. or at tn
Tinted States sub-trcasuries at New
York, Boston Philadelphia, Baltimore
Cincinnati, Chicago. St Louis or New
Orleans. or they may be- made az Sal
Francisco with exchange on New York
and all bids must state what denomi
tons OF bonds are desired and whethe
coupon or registered and what plac
they will b. paid for.
Payments will be- made 10y install
ments as follows; Twenty per cen
go per cent? upon receipt Of notice Q
acceptance 81 bonds and twenty q
per cent? at the end Of each ten day
thereafter, but all accepted bidder
may pay the whole amount at the dat
Of the first installmcnt. and those VIII
have paid all installmcnts preyiousl
maturing may pay the whole amour
Of their bids at any time not later tina
the maturity Of the last installment.
The Ion Is will h. ready for d,
livery on or before the 18th day {
February, 1896.
Notice is further hereby given tina
II the issue and sale OF an additional O
different form OF bond for the mair
tenance Of the gold reserve shall b
authorized hy law before the 9th da
Of Februart 1896, sealed proposal
for the pu chase u such bonds wi
also DO req ,ycl az the same time an
place and ~ 10 ihe same date and upo
the same t,gn, and conditions herei
Get forth, and such bids viii h. COZ
sidered, ~ well ~ the bids for the
per cent bonds herein mintioncd.
- a. IturtafU