St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-06
SEND IN YOUR BID FOR ANY OR
ALL OF THE HUNDRED MILL
ION.
CARLISLE ISSUES A CALL,
SHOW THEIR PATRIOT.
ISM.
DOOR YET OPEN FOR CONGRESS-
clause Providing for Bids on Any
Form of Bonds Adopted Prior
to Feb. L.

WASHINGTON, Jan. 5.-Speculation
concerning the amount and character
Of the new bond issue was set at
rest tonight when Secretary Carlisle
made public a circular on the sub
ject. The loan will be a popular
one, and the circular, which is dated
Jan. g. gives notice that the govern
ment will sell 100000, 900 thirty-year 4
per cent coupon or registered bonds
dated Feb. 1, 1895, for which purchas
ers will be required to pay in gold coin
or gold certificates. This is the first
issue by the present administration of
such a large amount of bonds at one
time. The circular also contains an
1nt1matiOn Of a possible future issue of
bonds should the issue or sale of an
additional or different form of bond
Tor the maintenance Of the gold re-
serve be authorized by law before Feb.
5. 1t was almost midnight when Sec
retary Carlisle's circular was made
public, too late an hour to obtain the
opinions of public men on the action
or the government or the prospect Of
the absorption of the bonds by the
people. The fact that the bonds will
be issued in sums Of $50 and multiples
thereof and be payable in installments
is a feature which 1t is believed will
make them regarded with popular IA
Yor. =
The main reason for dating the bonds
a year back is said to be in order to
give the public a better opportunity
to judge their market value by COM
pairing them with the gold fours issued
at that time, so that their bids can be
made to conform with the market val
ue of those bonds on the 1st of Feb
ruary. The circular is as follows:
Treasury Department, Office of the Secre-
tary. Washington, ID. c., Jan. 6, 1S96.-Notice
is hereby given that sealed proposals will be
received at the Office of the secretary of the
treasury at Washington until IL O'Clock on
Wednesday, the 5th day of February 1896, for
the purchase of $1o0s0eo,080 of United States
per cant coupon or registered bonds in de-
nominations OF, $50 and multipies of that sum-
as may be desired bysbidders.s The right to
reject any or all bids is reserved.
The bonds will be dated on the 1st day of
February, 1885. and be payable in coin thirty
years after that datessNaad will bear interest
a M IN per sen5um S Re nnum paha6s auarter
before the 1st day of February, 1896 will be
detached, and purchasers will be required TO
tiicates, for the bonds awarded to them and
all interest accrued thereon after the first
day Of February, 1885, UP to the time of ap-
plicatfon for delivery.
Payments for the bonds must be made at
the treasury of the United States at Wash
ington, D. G., or at the United States sub
u Oo~ouiiCo dI INcW sIOfh, oOSIOH fQlla0elplla,
Baltimore, Cincinnati Chicago, st. Louis or
New Orleans. or they may be made at San
Francisco, with exchange on New York, and
all bids must state what denominations of
bonds are desired, and whether coupon or
registered, and at what place they will be
paid for
Payments may be made by installments as
follows: Twenty (20) per cent upon receipt
Of notice of acceptance of bids, and twenty
l2o) per cent at the end of each ten days
thereafter; but all accepted bidders may pay
the whole amount at the date of the first in
stallment, and those who have paid all in
stallments previously. maturing may pay the
whole amount of their. bids at any time not
later than the maturity of the last INSTALL
ment. The bonds will be ready for delivery
on OF before the 18th day of February, 1896
Notice is further hereby given that If the
issue and sale of an additional or different
form of bond for the maintenance Of the gold
reserve shall be authorized by law before the
5th day Of February 1896, sealed proposals
for the purchase of such bonds will also be
received at the same time and place, and up
to the same date, and upon the same terms
and conditions hereinse FORTH and such bids
Will be considered as well the bids for the
per cent bonds herein mentioned.
j. G. Carlisle. Secretary of the Treasury.