Rensselaer Journal, Volume 11, Number 15, Rensselaer, Jasper County, 19 September 1901 — Nation Redeems Many Bonds. [ARTICLE]

Nation Redeems Many Bonds.

Secretary Gage has authorized tht statement that the treasury has purchased since last spring bonds to the amount of $27,417,000, on account of which $32,018,000 was disbursed. The purchases amounted to $7,715,000, for which $9,786,000 was disbursed. The purchases of the last two days consisted chiefly of long and short term 4 per cents, the former amounting to $3,846,000 and the latter to $3,306,000. The purchases of 5s of 1904 were $124,000; of 3s of 1908, $138,000. During the fiscal year—that is, since July I—the treasury has bought bonds to the face value of $10,316,000, calling for the disbursement of $15,659,000.