New-York tribune., 1896-02-07
STRATED.
Inv TIL ECRAPH TO TIL


Washington, Feb. 6.-By working day and
night with expert accountants. Assistant Secre-
tarv Curtis hopes TO be able TO announce the
names OF the successful bidders for BONDS To-
morrow The Treasury has already IN mana
ready for delivery 900 registered ard ~
0DOCJO coupon bonds Bonds OF the latter chai-
acter. principally Of $1,000 denomination are De
sng nrinted and delivered at the Treasury at the
rat, Of 81 100000 day. Many or the successIu'
bidders indicated in their bids how they desired
the bonds awarded TO them broken up. Ihose
who did not do 50 will be invited 10 DO so wheh
Informed Of the acceptance Of their blds. ChleI
Johnson OF the Bureau Of Engraving and Print
.ng has practically all the bonds printed. with
the slight detail of denomination to be put on
some and from present Indications with l2o
davs left in which all bonds can be paid for,
no delav is expected In their delivery.
There Is q well-defined opinion that. beginning
with the solitary bidder from Newfoundland who
offered his boarded gold at the rate OF $50 for
$50 bond Of the United States. down to the
offer OF the Morgan syndicate at l106s77. all bids
will be accepted. Everything under ;hat figure
will be thrown aside. But In this assumption
the discretion distinctly reserved by the Secre-
tary OF rejecting any and all bids. and the rur-
ther intimation given out that other things be-
ING eoual preference will be given to those who
be taken into account. Mr. Morgan may be
able TO give such assurances as to the importa-
tion Of gold as will increase the percentage OF
his bid accepted
ANOTHER TREASURY CIRCULAR.
Already steps have been taken to afford sn
.nnortunitv for successful bidders 10 pay for
tbalr bonds The following circular letter, d.
rooted 10 United states Treasurer Morgan. copies
of which were also forwarded to the nine AS
sistant Treasurers. was signed by Assistant Sec-
retary Wike late this afternoon
Treasury Department, Feb g. 1895
AS soon practicable he pepartneMn, NJ "" ner cent
bonds Of 1925 offered 70 ne pupc Gy 'g Mn rSniain
OF January G. and Is. 1896 The st reeS % cS',I ,bn
amount Of each bid, the price ana % Ine ia avenf ~
secro,arys acceptance fSu WIZ gdd coin or gold
certincates by instalinents in full as plovddel
q an nstanen, should ncude the Pr,ncdipa Prs
MUM at & the PsTary PsSS nsmed 1885, s o date ate Of such
ment so hat the proportonate amount Of the bonds
nng the ii, ss%sn sdns win nf yon your 'ce
o, deposit In duplicate. in the name of the De de-
pS on @oeoo n ,b q. are Of such Certificates the
amount respectively. of principal. premium "a sn anT
the humber of the instalnent when not in full You
vii deliver the duplicate TO the deposi'oi wlr "rarI
the original 10 the Secretary OF the Treasury ac
eompsned by ;etter from tbs ,ne nG and denomi,
sh..N
nations OF the bonds desired and the place OF 'he'f
delivery. ,. l.. ,ho
The bonds will be issued only upon receipt Dy ,ne
Secretary OF the original certificate OF DEPOSIT ssa
deposltor may assign the original certificate issuea
in his name In which the bonds VIII De lssusa
upon the order OF the assignee. lf IL sNouiu p'
deemed advisable postpone the receipt OF ue
posts on this account beyond the dates nkeo ~. III
their circulars special Instructions by telegram or
letter viii be given you; The Departmhento o,,mon Won
bonds as soon as certificates OF depos!, theieio'
are received BY the Secretary, as above Indicated
TERMS OF THE CIRCULAR VIOLATED
Satisfaction here at the overwhelming sue
cess Of the new popular loan Is marred only
by the unfortunate and ill-judged violation by
the Treasury Department OF the conditions OF
Its own circular Of January In opening por-
ton Of the bids offered several hours before the
time set for closing the competition had ex-
pred. Apparently by Secretary Carsles
orders. a force Of clerks was put to work open
ing and tabulating bids early yesterday morn
Ing. and the prices named in many offers were.
of course. known before some Of the more be-
lated bidders had filed their proposals. 1t Is
not seriously intimated that any one Of the