The news-democrat. (Providence, R.I.) 1906-1909, 1907-11-18

consols OF 1890 to wit The semi-annual
tax upon circulation notes, based upon the
said bonds as security will be one-fourth
OF I percentum. They will he receivable,
like all other United States bonds. as Sc
curity for public deposits In national
banks.
"The law forbids their sale a. less than
par and provides that all citizens OF the
United States shall have equal opportu-
nifty TO subscribe therefor.
"In pursuance OF the above announce
ment the secretary invites bids for the
, bonds heretofore described. which must
be submitted TO this department on or
before the Goth OF November. 1907. Each
bid should state the amount OF bonds
desired by the subscriber whether cou-
pom or registered, the price he is willing
20 pay and the place where he desires
20 make payment-whether at the treas
ury OF the United States or at the office
of some one OF the assistant treasurers
at New York. Baltimore. Philadelphia.
Boston, Chicago, St Louis. Cincinnati.
New Orleans or San Francisco. All bids
| should be addressed TO the secretary OF
the treasury. division OF loans and cur
rency. and the envelopes inclosing them
| should be plainly marked Bids for
Panama canal bonds
upon receipt and classification of the
bids hereby invited the successful bid
| ders will be advised OF the acceptance OF
to the date upon which payment is de-
/. sired 20 be made, at the treasury or
I some sub-treasury of the United States.
TO FAVOR SMALL BIDDERS.
I'm considering bids. the bidders offer
| ing the highest prices will receive the
| first allotment OF two or more bidders
Offering the same prices. those asking for
| the smaller amounts OF bonds will receove
| priority in allotment. The department
reserves 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. I. 1906. which is the
date OF the outstanding Panama canal
bonds. but interest on the bonds of this
| issue will begin Nov ]. 1907 and bidders
will be required TO pay accrued interest on
their bonds from that date to the date
OF payment.
'Thc department reserves the right to
reject any or all bids. IL deemed TO be Ia
the interests of the United States so to do
THE bonds will he ready for delivery
upon receipts OF payment therefor
Prospective bidders desiring informa-
tion not contained I'm his circular may
address the secretary OF the treasury
division of loans and currency, Washing
ton, d. c.. the assistant treasurers al
Chicago St Louis, New Orleans or San
| Francisco"
The treasury circular asking for sub
scriptions TO the 1900 3 per cent GER
tificates OF Indebtedness is also dated Nov
| ls, and II reads as follows:
CERTIFICATE ISSUE.
THE secretary of the treasury offers 70
the public at par and accrued interest
from Nov. 90 1907, sl000O0,0oO OF the certi-
ficates OF Indebtedness authorized by Sec
tion ~ of the act OF June l3 1895.
"The certificates will be issued I'm de
nominations OF $50 They will be payable
to bearer: will be dated Nov 90 1907. anC
will bear interest at the rate OF 3 pei
cent per annum. payable at the principa
sum on and after Nov. 20. 1908. on presen
tation OF the certificates for redemption
at the office OF the secretary of the treas
ury, division OF loans and currency.
subscriptions will be received by th'
secretary OF the treasury directly o'
through the treasurer OF the United state
and the assistant treasurers, located a
New York. Baltimore, Philadelphia, Bos
ton, Chicago, ST. Louis, New Orleans, Gin
cinnati and San Francisco, beginning OF
Nov. Is and continuing at the discretion
OF the secretary OF the treasury.
'Tn order hat the certificates may b.
properly distributed throughout the coun
try $50, 10000 will be allotted by the secre
tary In his discretion upon offers of sub
scriptions addressed To him, and the re
manning $50, 900 900 will be allotted through
the several assistant treasurers author
lied to receive subscriptions at the fol
lowing points: San Francisco. New or
leans, St Louis. Chicago. Cincinnati Bos
ton Baltimore. Philadelphia and New
York and through the treasurer OF th
United States at Washington.