The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1898-06-17
WHO WANTS BONDS?
Uncle Sam Has New Ones for Sale,
Aggregating 5000, 900, 900.

ASS1CSdIAuS &<OOsOOO3VOOs
Secretary Gage Issues q Circular Explains
ing the Method to Be Pursued In Sub
scribing for Them-Bidders OF
$500 or Less Are First.
WASHINGTON, June 14-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 13. 1s9a-The
secretary OF the treasury invites subscriptions
from the people Of the United States for 400.
1000 OF the bonds OF the three per cent loan
authorized by the act Of congress approved June
IL, 1893. Subscriptions will be received at par
Tor period Of 81 days, the subscriptions being
open from this date to three o'clock p M on
the 14th day of July, 1893. The bonds will be
issued In both coupon and registered form, the
coupon bonds in denominations OF 500 $780, $500
and 81 600 and the registered bonds in denomi-
nations of ego $780, $780, 600 IS 900 and 40 600
They will be dated August l. 1893. and by their
terms will be redeemable in coin at the pleasure
OF the United States after ten years from the
date Of their issue and due and payable August
1. 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, to be detached
from the bonds as the interest becomes due.
and the interest on the registered bonds will be
paid by checks drawn to the order OF the
payees and mailed to their addresses.
The law authorizing this issue Of bonds pro-
vides that in allotting said bonds the several
subscriptions of individuals shall be first &C
tod md he cube rintio - fho
amounts shall be first allotted In accordance
with that provision allotments to all indivfd-
ual subscribers will be made before any bonds
will be allotted to other than individuals.
All individual subscriptions for $500 or less
will be allotted in full as they received. and
such subscriptions must be paid in full at the
time the subscription is made II the total sum
subscribed for in amounts OF $500 or less should
exceed 1900, DOC, 900, the alotments will be made
according to the priority of the receipt of the
subscriptions
Allotments on subscriptions for over $500
will not be made until after the subscription
closes, July Ia, and will then be made inverse
ly according to the size Of the subscription. the
smallest subscription being first allotted then
the next in size and so on, preference being
given to individual subscriptions Persons
subscribing for more than $500 must
send in cash or certified checks
to the amount of two per cent
Of the sum subscribed for. such deposit to con-
Stitute partial payment, and to be forfeited
20 the United States in the event OF failure on
the subscribers part to make full payment for
his subscription. according to the terms of the
circular. Allotments to subscribers for more
than $500 will be made as soon as possible after
the subscription closes.
In order to avoid a too-rapid absorption of
funds into the treasury, with a 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
stallment within ten days after the notice Of
the allotment and the balance at four equal
intervals of 40 days each in four in
stallments each Of 20 per cent Of the
bonds allotted Delivery of bonds will be made
in installments as payment for them is received
and payment must in all cases be made in full as
the bonds are taken The two per cent. deposit
will apply in the final installment Any sub
scriber 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 as per-
mitted. Separate subscriptions from one indi-
vidual although made from time to time. will
be aggregated and considered as one subscrip-
ton
The secretary Of the treasury will receive in
payment for the bonds, post office money orders
payable at Washington, and checks bank
drafts and express money orders oollectable in
the cities Of New York. Boston, Philadelphia,
Baltimore. Washington. Cincinnati. Chicago
St Louis. New Orleans and San Francisco
All money orders and bank drafts must be
drawn in favor of the treasurer of the United
States
The money orders and bank checks so received
will be forwarded for collection by the depart
ment and as soon as returns are obtained the
subscriber will be credited with the amount
OF his substitution as Of the date of collection
The secretary will also receive in payment for
the bonds certificates OF deposit issued by the
assistant treasurers Of the United States
in the above named cities. These GER
tifcates of deposits may be obtained
from any assistant treasurer in exchange for
gold coin, gold certificates. standard silver dol
lars silver certificates, United States notes.
treasury notes of 1890 and national bank notes.
and the subscriber will be credited with the
amount Of his subscription as Of the date
of the certificate Of deposit The secre-
tary will also receive currency by registered
mail or by express direct to the treasury de-
partment
For the mutual convenience of the subscribe
ers and the departments blank form Of let
ter to accompany remittances has been pre-
pared. and 1t may be obtained at the off1ces OF
national and state banks generally, at the sew
eral subtreasuries of the United States. at any
money order post office and at any express Of
fee.
The bonds will be dated August 1, 1898, and
will be delivered to subscribers free of expense
for transportation as soon after that date as
possible. The bonds will be accompanied BY q
check for the amount Of interest due the sub
scriber from the date Of his payment to Au-
gust 1, 1898
All remittances and other communications
relative to this loan should be addressed to the