Connecticut western news., 1907-11-21

.nclosing them should be plainly marked
'Bids For Panama Canal Bonds"
Upon receipt and classification or the
bids hereby invited the successful bid
ders will be advised of the acceptance Of
their bids, and they will be instructed as
to the date upon which payment is de-
sired to be made at the treasury or some
subtreasury of the United States.
In considering bids the bidders offering
the highest prices will receive the first
allotment. OF two or more bidders offer
ing the same prices, those asking for the
smaller amounts of bonds will receive
priority in allotment. The department re-
serves the right to permit bidders offer
Ing the highest prices to increase the
amount of their purchases.
For the sake of uniformity the bonds
will be dated Aug. l, 1906 which is the
date of the outstanding Panama canal
bonds, but interest on the bonds OF this
issue will begin Nov. 1, 1907.
The department also reserves the right
to reject any or all bids IL deemed to be
to the interests of the United States so to
do. The bonds will be ready for delivery
upon receipt of payment therefor.
Prospective bidders desiring information
not contained in this circular may adj
dress the secretary of the treasury, divi-
sion of loans and currency, Washington;
the assistant treasurers at Chicago St.
Louis, New Orleans or San Francisco
Circular on Certificates.
The treasury circular asking for sub
scriptions to the S1O0OO0,000 per cent
certificates Of Indebtedness, now dated
Nov. Is, reads:
the public at par and accrued interest
from Nov. 20, 1907 $780, 600 of the GER
tificates of indebtedness authorized by
section 80 of the act of June 13, 1888.
The certificates will be issued, in de-
nominations of $50. They will be payable
to bearer, will be dated Nov. 90 1907 and
will bear interest at the rate of per
cent per annum, payable with the princi-
pie sum on and after Nov. 20, 1908, on
presentation of the certificates for re-
demption at the office of the secretary of
the treasury, division of loans and cur
rency. ......... ....#s ..
Subscriptions will be received by the
secretary of the treasury or through the
treasurer of the United States and the
assistant treaSurerS located at New \ orll,
Baltimore, Philadelphia, Boston, Chicago.
ST. Louis, Cincinnati, New Orleans and
San Francisco beginning on Nov. is and
continuing at the discretion of the secre-
tary of the treasury. In order that the
certificates may be properly distributed
throughout the country $1,000, 900 will be
allotted by the secretary in his discretion
upon offers of subscription addressed to
him, and the remaining $o0,OJ0,O0O VIII De
allotted through the several assistant
treasurers authorized to receive subscrip-
tions at the following points: San Fran
cisco, New Orleans, st. Louis, Chicago,
Cincinnati, Boston, Baltimore, Philadel-
phia and New York and through the
treasurer of the United States at Wash
ington.
Each subscriber to whom certificates
have been allotted should pay in at/the
subtreasury nearest the point of sub
scription on or before Dec. l. 1907 the
face value of the amount of certificates
named in the allotment, together with &C
crued interest at the rate of 3 per cent
per annum from Nov TO- 1907, to the date
of payment
Allotments will be made as rapidly as
possible, and for such subscriptions as
are made Immediately the secretary OF
the treasury is prepared to deliver tenn
porary receipts, bearing interest from
Nov. 20, 1907, pending the delivery of the
fifty dollar engraved certificates.