The western recorder., 1898-06-16
BONDS ARE FOR SALE.
THE 4rHns o. sos,cadsrroN'
Book. opsa ts Jaiy fssh@ @smsIlsss AZ
Iosnihss wln he Hsds FFst-Fay-
msnts May Be Mss in InstaiImsnts.

Washington. June 13.-Immediately
upon receipt of Information from the
White House that the war revenue
him had been signed by the PRESIDENT
Secretary Gage to-day issued the fol-
lowing circular explaining TO the pub
lie the proposed bond issue;
The Secretary OF the Treasury In
vites subscriptions from the people o.
the United States for <2D0.OOO,o0U OF.
the bonds OF the Q per cent loan au.
thorized by net OF Congress approved
June 13. 1898. Subscriptions will be
received at oar Tor N period of tiiirtyr
two days, the subscription being open
from this date to . o'clock y. m. on the
14th day OF July 1898.
The bonds will be issued In both cou-
pom and registered form, the coupon
bonds In denominations of $50, 500.
$500 and $1,000 and the registered
bonds In denominations Of SO, Sloo.
$500. $1,000. 5000 and $4,000. They
will be dated August l. 1898, ana by
their, terms Will he redeemnble in coin
at the pleasure OF the United Sthtes,
and due and payable August !. 1913.
The bonds viii bear interest Mt the
rate OF 3 per cent. per annum. payable
quarterly, the interest on the coupon
bonds will be paid by means Of cou-
pons, to be detached from the bonds
MS, the interest becomes due and the
Interest on the registered bonds VIII
be paid by checks drawn TO the order
OF the payecs. and mailed TO their. nd-
dresses go f
The law authorizing this Issue OF
bonds provides that In alloting said
bonds the several subscriptions or In
diyiduals shall he first. accepted, and
the subscriptions Of the lowest
amounts shall he first allotted In nc
cordnDcc. with that provision nllot-
ments TO all Individual subscribers
VIII be made before any bonds will be
allotted to others than individuals. All
individual subscriptions for 50 or less
win be allotted in full as they are re-
ceived, and such subscriptions must
bcs paid In full at the time the sub
scription is made II the total sum
subscribed for in amounts OF $500 or
less. should exceed 5000. 0.0oO.0 900. the nl-
lotments will be made according to the
priority of the receipt of the subscrip-
tions. ...,,- g...- s..... - 81 s.
Allotments on subscriptions for over
$500 viii NOT he made until nfter Tho
subscription closes. July 1Ith. md will
then be made inversely according IA
the. size of the subscriptions the small
est subscription being first allotted,
then the next In size and 50 on, prefer
ences being Individual subscriptions.
Persons subscribing for more than
$500 must, send In cash or certified
cheeks to the amount of > per cent of
the sum subscribed for. such deposit
to constifute a partial payment. and to
be forfeited to-tbe United States In tho
event of failure on the subscribers
part to make full payment for his sub
scrlption. according 10 the ,terrns of
the circular. Allotments TO subscrib-
ers for more than $500 viii be made us
soon as possible after the subscription
closes.
In order to avoid a too rapid absorp-
tion of funds into the treasury. with
possible consequent evil effect on IN
dustry and commerce. and subscriber
for more than $500 viii be permitted to
take his allotment of bonds in Install
ments OF, twenty per cent, taking the
first installment within ten days after
the notice of the allotment and the bal
ance Mt four equal mstallmcnts each
Of twenty per cent or the bonds allot-
ed. Delivery of bonds will he made in
InsIallments, and payment must. in all
cases be made in full as the bonds are
tuSrn. 'rhc r,wo per cent deposit wiz,
apply in the final settlement Any sub
scriber may pay for the whole amount
allotted him within ten days from the
date of the notice of his allotment. In
terest wfll be adjusted from the time
of the actual payment, whether paid In
one sum or in installments, MS per
mitted. Separate subscriptions from
one individual. although made from
time to time, will be aggregated and
considered as one subscription.
The secretary Of the treasury will re-
ceive in payment for the bonds post
office money orders. payable at Wash
lngton, ID. G.. and checks, bank drafts
and express money orders collectible In
the cities of New York. Boston, Phila
dolphin, Bnltimorr Washington; Gin
cinnati. Chicago, st. Louis. New Or
leans and San Francisco. All money
orders and bnnk drafts must be drawn
in favor of the treasurer of the United
Stntes The money orders and banI
checks SO received will be Forwarded
for collection by the department ant
MS soon as returns are obtained tn,
subscriber will be credited with fh,
amount of his subscription as of tn,
date of collection. The secretary vii
alsD receive In payment FOR the bondi
certificates of deposit issued by the as
sIstnnt secretary of the United State,
in the above named cities. These Ger
tificates of deposit may he obtained
from any assistant treasurer in ex
change for gold coin, gold, certificates
standard silver dollars. silver certifi
cnfes, United States notes, treasur,
notes of 1890 and national bank notes
and the subscriber. Will be ,creditet
with the amount Of his .siibscrfption n,
of the date Of the certificate of deposit
The secretary will also receive cur
rency sent by registered mall or ex
press direct to the Treasury Depart
ment. -,
/. For the mutual convenience OF tn,
subscribers and the department II blanl
form of letter 10 accompany remit
tnnces has been prepared and 1t ma,
be obtained at the offices of nationa
and state banks generally. ut the sub
treasures of the United States, at an,
money order postoffice and Mt an,
express office. -. ..-. .-fs,t, Il.
The bonds will he. dated August /
1893. and they will be delivered to sub
scribers free of expense for transporta
ton as soon after that date as possible
l The bonds viii be accompanied by ,
|, check for the amount of interest du,
/ the subscriber from the date of hi
/ payment to August 7. 1898.
All remittnnces and other communal
cations addressed 10 this loan shout,
be addressed 10 the secretary. of tn
treasury. division of loans and cur
rency. Washington, ID. G. j. A
All subscriptions must be received a
the Treasury Department, Washington
ID. c., not later than 3 o'clock p. m.
| Wednesday. July Il. 1898. No sub
scriptions received after that date an,
hour will be considered. 'N
| r. fir La GAGE, sg-