The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-07-24
Shaw DesiignaIes List Of De-
pOsitorits for Panama BOnjS;
SO
SS
PRICE VERY SATISFAGsSgRY
o$
President Roosevelt Send 5 Con-
gratulations and Thinks Country
Is Fortunate In Success
of the Sale.

Washington. July 2a.-The secretary of
the treasury today made public a list of
national bank depositaries designated and
also a list of unsuccessful national bank
bidders for Panama bonds at 90 and
upwards
The former list gives the amount of
deposits to be granted each bank and
the other list which was given out earlier
in the day gives the amount of the bids
of the respective banks for the bonds at
163. so. The list of repositories a S given
out with the amount of deposits given
them, follows:
German-American, Fort Wayne, Ind.
$50 900, First, Napoleon. o., s50,0O0 Ger
man-American Fort Wayne. Ind, $4,000;
First, Hopknsvlle, KY, $4,000; Tiffin,
Tiffin, o., $4,000; FIRST Grafton, W. Va,
$4,000; First Tulsa, I. T., $4,000; City, Co
luInbus. o.. $4,000; Eaton. Eaton, o.. s50.-
600: American, Nashville, Tenn. $4,000;
First, wichita Falls, Tex. $4,000; First,
Victoria. Tex, $4,000; First. Cleveland.
O., $4,000; Merchants, New Albany, Ind,
$4,000; Charleston, Charleston, w. Va,
s25, 900; American, Findlay. o., $4,000;
corydon. corydon. Ind, $4,000; Citizens,
Charleston, W. Va. $25.0OO; San Antonio.
San Antonio, Tex. 100000 First, Gravette,
Ark, $4,000; Second. Circleville, o., $4,000;
Farmers and Merchants, Wabash Ind,
$50 900; First, Hamilton, o., 100000; Fifth,
Cincinnati, $4,000; Danville. Danvile, Ill,
5000, 900 dncreased) First. Wilmington
O., $50, 900; Commercial Tiffn o. 5000.
It was announced today that there will
l. IN
til probably in the fall The designations
already made include but s25ooo,OOo
List of Unsuccessful Bidders.
The following is a partial lists unsuc-
cessful national bank bidders for Panama
bonds at 103.50 and upwards with the
amounts of their bids, all of whom will
be designated as government depositaries,
each receiving about 80 1-3 per cent of the
amount bid for, but none viii receive less
than $25 600. All government PHILIPPINE and
Hawaiian bonds will be accepted as secur-
ity for these deposits but no other securi-
ties:
National bank of Fayette. N. c.. $780,
600; Hanover National bank and asso-
ciates, New York city, 100000; Mer-
chants National bank. Philadelphia, ST.
600 600, Hanover National bank and asso-
eiates, New York city S30000 900; City Ma
tional bank Greensboro, n. c., S150000;
San Antonio National bank San Antonio,
Tex, $500. 600; First National bank. Grav-
ette, Ark. 100000; Citizens National
bank Baltimore, Md, 100000.
Congratulations From President
Secretary Shaw has received the follow
ing letter of congratulation from President
Roosevelt, Oyster Bay, on the recent sue
cess of the Panama canal bonds
my Dear Secretary-"I congratulate
you heartily on what you have accom-
plished with the Panama bonds. 1t is an
excellent price for them, and the country
is fortunate in your success Sincerely
yours, THEODORE ROOSEVEII.'
The total amount of the bids for the
bonds is ascertaned to have been about
S445 900. 900, or over fourteen tines the
amount to be sold