St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-02-06
LOAN A BIG SUCCESS
Continued From Firxt P..


the loans and currency div,sIon b.5
been at work since early morninS 80
ABOUT noon announced that thew were
ready to proceed. 1t was an Interested
crowd that listened to Mr. Eckels ss
he read the names of the bidders and
the amount subscribed, and it is prob
able that more millions were repre-
scented in Mr.. Eckels' audience than
were ever before gathered together in
the treasury building. Three or four
of the bids carried with them evidences
of their being fictitious, and they were
accordingly omitted from the list but
the long list Of bids and the substantial
amounts desired by many bidders, soon
MADE 1t apparent that the question
was not would the loan be over SUBJ
scribed," but how much would it be
over subscribed"
The first announcement from Mr.
Eckels made it known that bond bids
approaching the $500, OOo, 900 mark had
been made with enough unopened to
represent another So, 600 900. Then came
an announcement that the total was
the stupendous figure of 1854, 269, $50,
which was subsequently reduced by
throwing out three bogus bids of $780,
OOOOOO, SIG, 0O0, 900 and Sc, 900, 900. 1t would
be impossible with any ordinary tele-
graphic or topographic facilities to give
complete list of all bids, and save as
matter of history, no Importance at
taches now to any bids naming below
I1U.ben. From the list of bidders at
ana above that figure. the successful
bidders undoubtedly will come
NONE FROM MINNESOTA.
There are no bids from Minnesota and
very few from the Northwest general
ly. Some of the smaller ones are at q
very high figure, among which may be
noted the following at 120.
John l.. Farwell Jr.. 800; W. R. Brown,
500; Mary E. Fleming. $500; George F. Pep
per, $500; Royal Trust company Si00
Four bids are substituted which even 20
higher. They are:
Shaw Piano company $50 at 12i. Edwin n
Mayer. $50 at 125; ]. w shrader, si00 at
1870; Henry Merriam. $50 at $50.
The great bulk of the bids however ara
at from Ito to LA. A full list of those for
follows:
International Trust company. Boston $25 900
at 112.12 s15OOOO at 2.O2: $780, 900 at 1llSO,
$3.50 900 at 111.01; Third National bank New
York city. 100000 at 1895; $500, 600 at 11On;
J: L. Morgan " Co.. Harvey Fisk & Co.. and
The Deutsche Bank of Berlin, 800 600 900 at
10 6Sl7; Joseph Pulitzer, New York. 81, 900 600
at ia; Kings County Trust company. Brook
Ign, n. y, $4,000 at 111.5O; the Hanover Ma
tlonal bank. New York, $1,000 600 at 110755,
slO00;000 at 1l1:17; Albert L. Judson $500 900
at 1875; Suffolk Savings bank for Seaman
and Others Boston. 5000, 900 at 111.50; ]. w.
Pollard and Abraham White Boston, 5000 900
at HOS; Rhode Island Hospital and Trust
company, Providence R. T., $500, 900 at 1902;
Williamsburg Savings bank. Brooklyn, N. Y,
100000 at Ill; w. H. Albertsen & Co.. Bos-
ton 100000 at 112; Nevada bank Of San Fran
CISCO 100000 at 49, Kuhn Loeb & Co.,
New York, $65O,OO0 at ILL., Erie County Saw
ings bank, Buffalo. n. Y, $25O.0O0 at Iii; Carl
Co.. New York, $3.50 900 at 1l3, $3.50 600 at 112;
Robert E. Glendenning. Philadelphia $500. 900
at 1925; George Crane New York city, $780,
600 at 112; John A. Donaldson New York city,
$475, 900 at 111.65. ...-
SOME BIG BIDS.
The following Is a list Of the unsuccessful
larger bidders
J. w. Seligman & Co.. of New York, 49,
$4,000 from 1868 to 111.56, part of his bid
being successful; the Investment Corporation
of New York City, s., 000, 600 from 1101567 to
Ill 1863, part of this likewise being success
full; Speyer & Co.. S9130.eGe of which s4.1O0-
600 was above the Morgan figure New York
Life Insurance company, $40, Oo000O, OF which
S.. 900 900 was above the Morgan bid; Mutual
Life Insurance company, s., 900 900, at 10;
Star Hawley of New York, 81. 900 coo at 1903 81
to 1851; Mercantile National Bank of New
York, 81, 232, O00 in amounts OF varying size
and most of 1t below the Morgan figure; w.
III Bliss, Of New York 5000 900 at 100 0S56:
Peter Bennett of New York, $1,000, 900 at 1O9.O1,
Charles A. Sheehan, 81. 100000 at 10775; Mat
thew and William Halpin, of New York, 49,
100000 from 106 to 107; l. & s. Wormser. &c..
200, coo. part OF it above the Morgan figure;
Equitable Life Insurance company. of New
York, 81. 600; Heidelbach. fckeIheimer &
Co, OHleu oldles trust 70, Dy
John A. Stewart, president. $4,000 900; YER
million & Co., $1,000 600; Lazard Freras. $1,000
900; J.Bryan Smith, of the Brooklyn Savings
bank ST. 900 900: Mechanics National Bank OF
New York, $500 900; Union Trust company.
50, $50 GOO; United States Trust company, New
York. s4,00OOO0; j. s. Smithers & Co., New
York, So 000, 900; l.. Van Hoffman & Co., New
York. 81. 90; Brown Bros New York, ST.
900, 600; Central Trust company. 600. all
at 1905; Kidder. Peabody & Co. $500, 900 at
112.21. $1,000, 900 at 1869 81 900 600 at 111.23,
81 900. 900 at 1O9.59 81 COO 900 at 1873; the
Williamsburg Savings bank. OF Brooklyn.
n. Y, s5OO,O 900 at III; Guarantee Trust com
pany. of New York. 81, 100000 at 10; Bank
OF Montreal 81. 800 900 at figures ranging from
107h to ITO; Lazard Freres & Co.. 81. 900 900
at figures ranging from 1107 to 11l.55; Rollins.
Morse & Co.. Boston. $1,000. 900 at 1O6.127;
Robert Treat Paine, Boston. 81 600. 600 at
105.127: L. Cahill Jr. Jersey City, 81 900 900
at 1895. 81. 900 900 at 1O9.