The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-12-18
FOR NEN JAIL
ALL BUT THAT FOR PLUMBING
WE'RE, LET YES
TERDAY
BONDS REALIZE GOOD PRICE
On the $4,000 Issue a Net Premium
OF $3.50 Was Received
BETTER Offer Was
Rejected.

All but one of the contracts in connec-
ton with the erection of a new county
Jail We're let yesterday at a special meet
ing Of the board of county commissioners,
and the $4,000 additional bonds issued
We're satisfactorily sold.
Although the interest which these bonds
bear was advertised to be 311a per cent, it
was demonstrated that the credit Of
ramsey county stands SO high in finan-
cial circles that bonds bearing 81 per cent
interest can be fioated at a premium
one OF the firms rendering offered to
purchase the whole issue at 81 per cent,
and in addition offered a premium of S.
This offer was the most satisfactory of
any received, J-butc as the board had in
vited tenderst at S1h per cent, the COM
missioners felt that it would be an in
justice to the other to accept it.
AS 1t was, one half of the issue went
to city financial institution, the Union
bank, at premium of $685. per $500 bond,
and the rest to K1eybolte & Co., of Gin
cinnati, at $1S.O5 per bond the price which
this firm offered for the entire issue
The tender Of THE Union bank for half
was accepted without much discussion,
and then begansia long wrang1e for the
remaining $25, 0e4E Kleybolte & Co.'s offer
of $500 per $500 bond, or 81 sos for the
entire issue, Harris & Co.'S tender of
$1796, and the Minnesota Loan & Trust
company's offer, of SIS premium for 3A per
cent bonds We're the three principal bids
considered. The latter offer, reduced to
the basis of3thee others, meant a net
premium of $1;SS5, but as the letter of the
advertised bids was not complied with,
1t was thrown out, as placing all the
other bids under an unraIr disadvantage.
AS between Harris & Co.'S bid and that
OF the Cincinnati company, the board
finally decided in favor of the latter.
The premium realized from the pur-
chase. of the bank is s9175O, from the
Kleybolte company, S9O2.5O total, ,S2O. :.
JAIL CONTRACTS LET.
Contracts for the new Jail were then let
to the. lowest bidders as follows:
For building the Jail and sheriff's resi-
dence, j. H Denohue, $113, 66S.
For irenIa nd esteel cell work, Pauly Jail
Building & Manufacturing company,
$780, $50. 3i. $50
For heating and yentiiating, Dryer &
Co., $3.50. at
For electrical wiring, c. A. Mcbride,
81, 1856. ifs .,g1ssI
The plumbing n contract was not let
D. J. Harrington was the lowest bidder,
but there seemed to be disinclination
to award him the contract. Some of the
commissioners stated that they had been
informed that. he employed non union
labor. HerehmeE Johnson appeared on
behalf of Mr.. Harrington, and stated that
since the strike there had been two fac
lions of union men, of which the poorer
class had returned to work. If these
Were employed a poor job would be the
result. Mr.. Dwyer, one of the bidders,
said he had heard of no~such dissensions
in union rankss Ina the end it was decided
to refer the matter to a committee con-
sisting of Commissioners Powers, Wright,
and Gray. The. committee will meet to-
day at 2 o'clock and report to the board
at special meeting to be held tomor-
The board then adjourned until
o'clock in the9 afternoon. and, on re-
assembling took up the bids on the re-
moval of the Old Jail Three We're re-
ceived, and J. ;Ferestal was given the job
at $70S for taking down the building and
replacing the sidewalk.
On motion, surety bonds were required
from the successful bidders, as follows:
Building jail, 20. per cent of the contract
price: cell work, 20 per cent; heating and
ventilating, 80 per. cent; plumbing, 40 per
cent; and for the electrical work. bond
in the full amount of the contract
"A part of the Routine business trans
acted was the approving OF. the official
bonds of the newly elected county at
torney, county surveyor, coroner, and as
sistant county attorney.