The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-06-14
HON THE BOND ISSUE
IS TO Be HANDLED.
Subscription Blanks Can Be Had
at ANY Postofice.
Every Inducement offered to the
Small Investor. No Allotment BE-
ing Made to Any One Who Sub
scribes Ina Excess Of $500 Until
All Subscriptions Below That Fig
ure Have Received Ailotmcnts.

WASHINGTON. June l3-Immediate,y
upon information from the White House
that the war revenue bill had been signed
by the president. Secretary Gage issued
the following circular, explaining 10 the
public the proposed bond issue:
Treasury Department, Office of the Secre-
,ary. Washington. June Is, 1898
The secretary of the treasury invites
subscriptions from the people of the
United States for s200. ooo OF the bonds
Of the three per cent. loan authorized by
the act of congress approved June 10. 1898
Subscriptions will be received at par for
a period Of thirty-two days, the subscrlp-
ton being open from this date until 3
O'Clock p. n. on the 18th day OF July, 1895
The bonds Will be issued In both coupon
and registered form, the coupon bonds
In denominations OF so. 500. 500 and 81, 900
and the registered bonds in denominations
Of $40. 800. $500. $1,000, $3.50 and $1,000.
They viii be dated August /. 1855, and by
their terms viii be redeemabie in coin at
the pleasure of the United States. after
and due and payable August /. 1915. The
bonds will bear interest at the rate Of
three per cent. per annum, payable quar-
ieriy: the interest on the coupon bonds
Will be paid by means OF coupons TO DE
detached from the bonds as the interest
,stered bonds viii be paid by checks drawn
10 the order Of the payees and mailed 10
their addresses.
The law authorizing this issue of bonds
provides that In allotiing said bonds the
several subscriptions OF individuals shall
be first accepted. ard the subscriptions of
the lowest amounts shall be fiut allotted
In accordance with that provision al
iotmeuts to all individual subscribers will
be made before any bonds viii be allotted
other than TO individuals. AL indiyidra Al
subscriptions for $50 or less. VIII be al
lotted in full as they are received, ard
such subscriptions mus; he paid In full AZ
the time the subscription s made. If the
total sum subscribed for. in amounts of
$500 or less. should exceed s2f1. oGN 90 the
al!otments will be made according 10 the
priority Of the receipt Of the subscript.ous.
AIIo;ments or subscriptions for over s5o
Will rot ne made unit, after the slbscrp-
ton closes. july a. and viii then be made
!uverse!y according TO the size CT the sub
scrip;ion. the smallest subscription being
first allotted. then the next ia Sze ana 50
on. preferences being given Individual sub-
scrip;.ons. Persons subscribing .or more
than 500 must send In cash or certified
checks 10 the amount OF two per cent Of
the sum subscribed for. such deposit TO
constitute a partial paymea; ard 70 DC
forfeited 70 the United States In the eveis
Of failure on the subscribers part TO make
full payment for his subs ripsi0n. accord
Ing TO terms Of the circular. Allotment
ID subscribers for more lhan 500 will be
made as soon as possible afser tie sub
script.on cs3ses. IL. order TO avoid too
rapid absorption q f1nds into tie treas
cry. with a possible consequent cyl effect
or industry and eognn1eTce. any subscriber
fer more than sseo w.i be permitted to
take his allotment e bonds in snsaslments
% ~ per cent. taxing the first ins;aIiuent
wlth.g Ten days after the n5tlce Of the
allotment and the ba.aace at four equal
intervals 0f forty days tsca. in f5Er ln-
s:a:3snents each = - per csat. aset;ed.
De.tvery c! bc:as VIII BE- usaao IN IN
st2.3T:seass as payment .or thera !s rsee.v-
e. and payrnsnt must n al cases os
made ii fuA as the boads aae 1aken.
The tao per cent. :spos!. VII Apply
n ,aednal settle men. And subscriber hay
pay FER the wao.e asnoen: allotted s.ra
wiia.n ;ea days OF she aoties e bic as.s;-
Fsett- Interest VII he adjusted from sAe
t.ane Of the aessAi paymea: whssaer paid
il Gre sam or :ts .nsts5ssn as. as s.er-
gIsitte1. separate s8ta.cr Eil1ns from cae
.rssis!dsai. A:shoasa made from fizns 70
s.sss. viii be 4Esress.ed Ats3 considered a.
cae slsseFiptica- Ths sseyss4ry % sae
treasury vii receive "a payment for ;As
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