New-York tribune., 1896-01-29
NO DANGER OF FAILOhE'
THE REPORT THAT THE BOND issue
WILL NOT BE a SUCCESS UNTRUE
roer1cN CONCERNS STILL BIDDING FUN BUD
sr,NT1AL BLOCKS AND VNAFfhCiHD
p1MoRs OF POSSIBLE SILVER LEG'Si-A-
r,o,,-rAcrs IN THE DEuTscHE
p,NK OF BERLIN CASE.


r1oy-rACrs IN THE DEuTschE
RANK OF BERLIN CASE.
AS the time approaches Tor 'le ops p',.n9. bonds
,,ds for the issue of Sl0OooO,OW OF Low NO,
.to interest in the matter revives cry '' -. ,ho
,ho FREQ silver amendment in 'he "e"''. ,,o
NV ,1 ,;u threatens the success OF the issuo
i'o"o or, 10 he well founded. The claim Is 'na'
TO free silver agitation VIII dlssuaue t,ire
chosers OF the bonds. Yet the Nor"ion ~ O'l'O ~
Insurance Company, the Oldest IRE iis"' ..,o,,
..a,,. {, england. sent a cable message yeSse''s
I' ~ tI,rd / Kennedy Tod and W. Eiiie"
~. its trustees in the United States reques'
49,, ,,oro "a hid on its behalf for large iot Vi '''
,6s Tho amount to be applied for was iei' 10 NV
etso~ofion of the trustees but it Is unoerS'oou '"
they will offer to take s2.OVOOOo or more
NOT ACTING IN THE DARK
The fact is that European concerns whicn oo"
.or,nlate bidding for bonds have FUZZY Nhioihe.
'ei'P'',o - ,ba silver question and understand
w.. 10 sree silver measure will become law 1t
49, NOT heen determined whether the origlnai ii'e"
zion of the Deutsche Bank OF Beriin 10 app' ~
co. o,o o,o of the bonds will be carried Out i. "
down for that amount in the synoica'e VIM" ~
.o,vod after the Administration decided 10 mani
,,,,o onerinp of the bonds The plan Oh INV
1,au,eche Bank was to take the bonds IN oe'oi''.'
lions of 500 and Immediately oHer 'he' " Wv
German public. In other WORDS, IL proPo'ou ~ r
obase bonds at wholesale and sell 'heHh ~
In he language OF wall street IL =.
,urn,, in the bonds The question no" IL "het"ei "
,;u he nrodtable for il to handle BLOCK OF oo'iuS
,,rdar the changed circumstances Inc S''''
oroetion will have nothing to do with It's oeclsio
The entire issue OF bonds would De take" Il III"
,vere not a single foreign bid In lac' iluO" ~
larger part Of the bonds will be taken IN Alhei'a
ANYWAY The New-York banks generaiy VIII o'u
for bonds for themselves for their customers au a
tor tbn nlt-of-town banks for wnlch thty a. "a a
norrssnondcnts Each bank Will consoIi1ale ita az HI
iica tons that is il will put in one coec.i o. 90
rba annlcations OF the banks VIII be from t-1yb
- e S fl0 Of bonds 1t is still too early 10 teIl VIII
Iegree Of denniteness what prices VIII pv IL
g. no honds on this point bidders IN Ne% p an, n
q, last viii not make up their mlnds uit,l d r uas
or two before February o. when the sedieu p''
posais to be opened
1NpORTS OF GOLD TO BE LOOKED fOf''
with demand exchange at ASA there Is no ploA.
L.. ax,ortlne gold Indeed. loss would be sustaiheu
., sbinn,ents The decline in exchange Is que u
larger offerings of grain and cotton bills ana 70 'e
negotiation OF sterling loans 1t cannot be lofe'o'p
80 axnortatjons will be resumed. Further large
rriyals Of gold from the other side TO be used IN
having for bonds are looked for There Is a en-, a.
Ptynosi,ion on the part OF intending purcnascrs ~
tonGs ~ avoid withdrawing gold from the Ieasuas ~
nav the bonds FOR another 'hiHt ~ - Ia
stv of legal tenders which are eXchanSetp r. a I 49,
,c,6era II difficult obtain goid from the
rSora bas heen some misunderstanding ABOUT we
,ayr,ent ~ the premium on the Donds ne at,,
,,r,, does not call for the full amount OF e - 80 g.
I'm u tbo frst nstalmcnt. but for ~ per cent oI ~.
oInny With 20 per cent of the par value Oh tiie
c1bseouent instaments include the same pvtlceHH
80 ~ The nremiu,n as OF the principal or the ponus
TIE accrued interest is TO be coHec'eu III ''o '