The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-24
BANKERS AFTER THE BONDS.
RUMORs OF 4 NEW COMBINE BY
THE MORGAN SYNDICATE.

A ncIief That IL VIII Put in a Bid
for Thirty Million TO Forty Million
Dollars of the New Issue-Individ-
uaI Members of the Syndicate 90
Also Pat in separate Bids-DOubt
whether the Deutsche Bank VIII
he "A Biddcr-The Premium on
Gold.
New York. Jan. 2--The steamer Fuerst
Bismarck from southampton brought
$4,000 in gold coin. consigned to William
II. Crossman q Bro.
Tho steamship Seguaranca, from Mex
lean ports brought $1,000 Spanish gold
consigned to Lawrence Turnure & CO..
and Sl0l,76 10 Ladenburg. Thalman & Co.
1t is understood that the steamship st.
Paul, due here from Liverpool on Satur-
day, has 100000 gold on board consigned
to William IL. Crossman q Bro.
Further heavy receipts OF gold are like
ly within the next ten days. Bullion
dealers are stil bidding asah per cent.
for the metal and are Offering II at q per
cent. A rumor, which was generally
credited, was current to-day that certain
members of the old Morgan bond syndi-
cate had reformed on different lines. 1t
was said that the new combination win
bid for block of from $SO.OOO.OOO to $4O,-
10000 Of the bonds at a stated figure and
that each individual member VIII also
put In a separate bid at figures to be
determined upon by themselves. This
would furnish bids for $50 90 alone.
II by chance the new combination should
obtain the bonds each subscriber Will be
apporuoned the amount he signs for.
Should the Individual bidders get the full
amount of their subscriptions or a part
thereof the bonds will be divided pro
rat fafIt afuN tr. nl.f .fafss ss,zA
on the matter.
Leading bank officials say they are sat-
ished that the bond call will not be a suc-
cess as popular loan, but at the same
time the whole issue will be subscribed
for. They estimate that the bids from the
public will not exceed $40 900 COO Doubt
Is expressed whether the peutsche Bank
Will be "A bidder at all. Another banker
states that the great bulk Of the bids
Feb. 4. At the time of tho previous bond
issue bids, even by those who had guar
anteed the sale OF the bonds, were not
sent to Washington until one hour be-
fore the time for opening such bids.
Philadelphia. Jan, 22.-No gold has been
received at the mint here for some time.
but the demand for gold coin has kept
up and the presses have been kept busy
all the fall and winter turning out half
eagles, eagles and double-eagles. The re-
suit has been that the supply OF gold
In bond has steadily diminished until
there Is so little left that Il will be ex-
hausted in less than two weeks.
by the end OF next week, unless more
gold arrives, II Will be necessary to stop
all the gold coinage, and those employees
engaged in 1t must be laid of.
There has been no silver coined recent
~ and there Is no order for any now, but
II Is hoped that an order will be issued in
case no more gold is received soon, so
that as many presses may be kept going
as possible. one reason given for the
failure of the government to ship more
gold 10 the mint Is that the supply of gold
/ treasury has h9pn
by exports
Washington, Jan. 23.-The treasury gold
reserve to-day stood at S5O,343, $685. The
Withdrawals reported to-day were $3.50, ,0OO