Birmingham state herald., 1896-02-09
BUT IT IS CLOSE TO III
It Is Equivalent to 3 3-8 Per Cent Rate of
 Interest.
M0RGAN'S AWARD SLIGHTLY REDUCED
The South, Central and Western States Gotbut Eight and Half Million of
 sasI t the Bonds-New York Got the
 Lions Share.


 this afternoon made public the names of
 those to whom United States bonds had
 been allotted under the bond circular of January 6, 1896. The amount of the bonds aggregated 10O,OOo,OOO, for which the treasury will receive in round figures about Sill, 100000.
 Geographically considered the bonds are distributed in round figures as fol- lows: New York, SIS, ,000, 900; New Eng land, $9000,000; eastern states other than New York, $5,50O,000; western states, $3, 250000; central states, $3,000, ,000; south ern states, $1,250,O0O. Total. $100, 900, ,000 It is impossible to give the exact aver age rate at which the bonds awarded was made, but it was close to Ill, at which the interest realized will be slightly less than 3& per cent. The exact average rate may not be completed for a week or more by treasury officials.
 The amount awarded the Morgan syn dicate is slightly reduced from that stated yesterday, owing to the overlook
 ing of two bids, or rather not being able within a hurried examination to discover the exact rate named. These mistakes reduce the amount awarded the Morgan
 syndicate by s32, 100 and makes the true
 amount of bonds the syndicate receives $33, ,179, ,250.
 Among the allotments were the follow ing: Morgan & Co. and associates $33,- 179,250, at 11O 6S77; the New York Life In surance' company $5,000.000, at Ill; Joseph Pulitzer New York, S,000, 900. at IA; the Hanover National bank of New York $5,000,0 900, at from 110.755 to 111.17; Kidder, Peabody & Co., Boston, Mass, $500, ,O00, at from 110.69 to 1122l; Petersburg Saw ings and Insurance cornpany, Petersburg. Va, $15,000. at from III to 113; Lazard Freres, New York, $4,550,000, at from 11O.70 to Ill; Fourth National bank, Co- gett, Centerville. Tenn, $1,000.000, at 119.322; P. D. Felts, Potecasi, N. C., $50, at 120; Victor s. Sobel. Nashville, Tenn.
 5000, at 119.322; J. S. Wood, Vernon, Tex. $50. at IA; John w. Brown, Augusta, Ga,
 $250, at 115; Bank of Charleston, National Bankers association, Charleston, S.. C., $50,000, at 111,125; Bank of, Charleston, National Bankers association, Charles ton, s. C., $50,oo0, at 111.625; Bank of Charleston, Charleston, s. C., $25,000, at C., $25,00O, at 112.25; Bank of Charleston,
 National Bankers association Charles ton, s. C., $25,000, at 112.75; Bank of Charleston, National Bankers associa-
 tion, Charleston, s. C.. $25,00O. at 112.59;
 John M. Gallaway, Madison. N C., $500,
 at IA; Joseph N. Brown, Anderson, S. C.,
 $5000, at 113.25; c. l.. Anderson, Kos
 ciusko, Miss, 5000, at IF: Henry w.
 Frost & Co.,, Savannah, Ga., $5OOO, at
 111.50; Henry w. Frost Savannah, Ga.,
 $5000, at 11250 E. H. Afford Tallahassee,
 Fla, $5000 at 1l2; Albert w. Akers, Nash
 ville Tenn, s2OO, ,0O0, at from 111.25 to
 11250; Germania Savings bank, New Or
 leans, La, $25,000. at 112; First National
 bank, St. Augustine, Fla, $25,O00, at 112;
 E. w. Cave, Houston, Tex, $100 at 115;
 w. T. Whitsett, Whitsett, N. C.. $500, at 119.3229; George c. Paine, Aberdeen, Miss,
 $200, at 115; Michael Tito. San Antonio,
 Tex, $250, at 11943329: Leesburg and Coun-
 ty State bank, Leesburg. Fla, $3000, at
 112; First State bank, Columbus. Miss.
 $20, ,000 at 112; Merchants National bank,
 Richmond, Va, $S5,00O,, at from Ill to 111.51; c. F. Akers, Orlando, Fla, s15O,000,
 at 113.125, and $250,000, at 112125; New
 Orleans National bank, New Orleans,
 $1O0,000, at 114.050e;- Hibernia National
 bank, New Orleans, La, $5000, at 111.531
 Fourth National bank, Columbus, Ga.,
 $42, ,500 at 112.7814.