Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1898-06-16
THE BOND CIRCULAR
The Secretary Of the Treasury L.
sues a Note on the Bond Business.
The PEOPLE INVITED TO SUBSCRIBE
The Bonds to Be Issued In Both Coupon
and Registered Form, Bearing Three
Per Cent. Interest-Smnlleat sub
scriptiOna Allotted Frat


and Registered Form, Bearing Three
Per Cent. Interest-smalIest sub
scriptlon. Allotted Frat
WASHINGTON, June l4.-Immediately
upon receipt Of the information from
the white house that the revenue bill
had been signed by the president,
Secretary Gage yesterday issued the
following circular explaining to the
public the proposed bond issue:
TREASURY DEPARTMENT. OFFICE OF THE
SECRETARY, WASHINGTON, June 49, lS9S-The
secretary Of the treasury invites subscriptions
from the people OF the United States for 200
000, 900 Of the bonds OF the three per cent loan
authorized by the act Of congress approved June
10. 1888 Subscriptions will be received at par
for a period OF 81 days. the subscriptions being
open from this date to three O'Clock p IN. on
the l4th day Of July 1898. The bonds will be
issued In both coupon and registered FORM the
coupon bonds In denominations OF t20, 100, fb0O
and II, 600 and the registered bonds In denomi-
nations OF a20 800, 1900. 1000 5000 and 1000
They will be dated August I, 1893, and by their
terms VIII DC redeemablc In coin atthe pleasure
Of the United States after ten years from the
date OF their issue and due and payable August
|, 1918, The bonds will bear interest at the
rate OF three per cent per annum payable
quarterly the interest on the coupon bonds Will
be paid by means OF coupons, 10 DC detached
from the Donds as inc interest becomes due
ana the interest on the registered bonds Will be
PAID by checks drawn 10 the order OF inc
payees ana mailed 10 thelr addresses
inc law au'horlzlhg Ihis issue OF ponos pro-
Woes that IN allottng sald bonds inc several
OF individuals snail DC hrst ac-
cep'eu' anu 1ne SUBSCRIPTIONS OF inc lowest
amounts snail DC ilrst allotted In accordance
with that provision allotments TO all lndlvld-
uai SUBSCRIBERS Will DC maze before any bonds
VIII Dc allotted TO other than individuals
All Individual SUBSCRIPTIONS Tor sooo or less
VIII Dc ALLOTTED IN iull as they are received, and
such SUBSCRIPTIONS must DC paid IN iull ~ the
Time the SUBSCRIPTION Is mace. II the totai sum
supscriDeu lor IN amounts OF sooo or less should
exceed '2oo'oooWo' inc allotments Will DC made
according 10 the priority OF the receipt OF the
Allotments on subscrlptlons Tor over t5oo
VIII not DC maze uhtl alter the subscription
Closes july H. ana VIII theh DO maze inverse
ly according to the size OF the subscription, the
SMALLEST subscription Delng hrst allotted, then
the next IN size ana so on, preference Delng
gwen 10 Individual SUBSCRIPTIONS PERSONS
subscribing Tor more than s5W must
send In cash or certified checks
TO the amount OF two per cent
OF the sum subscribed Tor such deposit TO con-
stltute partial payment, and TO be forfeited
TO the United States in the event OF failure on
the subscribers part TO make full payment for
MS SUBSCRIPTION, according to the terms OF the
circular Allotments to subscribers for more
than $500 will DO made as soon as possible after
the subscription closes
In order to avoid too-rapid absorption OF
funds into the treasury with possible conse-
quent evil effect on Industry and commerce,
any subscriber for more than $500 will be per-
mitted to take his allotment OF bonds In In
stalments Of 20 per cent, taking the first In
stalmcnt within ten days after the notice OF
the allotment ind the balance ut four equal
OF 40 days each In four In
''"'h''h'" S"Nh Va w pSi NShu Va eAo
bonds allotted Delivery Of bonds will be made
In installments as payment for them Is received
and payment must In oil cases be made In fullas
the bonds are taken The two per cent deposit
will apply in the final nstallment Any sub
sorlber may pay fer the whole amount allotted
him within ten DAYS from the date OF the notice
OF his allotment Interest Will be adjusted
from the time OF the actual payment, whether
paid In one sum or in installments rs per-
mitted. Separate subscriptions from one indi-
vidual' although made from time to time Will
be aggregated and considered as one subscrlp-
ton
me secretary OF the treasury Will receive In
payment Tor the bonds, post ONCE money orders
payable ~ washington, ana checks Dank
drafts ana express money orders collectaDle In
the cities OF New YORK, boston, Philadelphia,
Baltimore, washington, Cincinnati chicago
81 LOUIS new orleans ana san Francisco
All money orders ana DanR drafts must De
drawn In FAVOR OF the treasurer OF the United
states,
me money orders and BANK checks so received
Will be forwarded for collection by the DEPART
ment ana Us soon as returns are Obtained the
VIII DO credited with the amount
OF MS SUBSTITUTION Us OF the date OF collection
The secretary Will also receive In payment for
inc Donds certificates OF deposit issued by the
assistant treasurers OF the United states
In the above named cities These GER
Iihcates OF deposits may DO obtained
from any assistant treasurer In exchange FOR
gold coin, gold certificates standard silver dol
lars silver certificates, United States notes,
treasury notes Of 1870 ind national bank notes;
and the subscriber Will be credited with the
amount OF his subscription as OF the date
1f the certificate OF deposit The SeCre-
larry will also receive currency by registered
mall or by express direct to the treasury de-
pI T 't thS mu,r,, oorvor,orco =, tho .r,.or,,