Rensselaer Republican, Volume 27, Number 19, Rensselaer, Jasper County, 9 January 1896 — BOND CALL IS ISSUED. UTAH IS NOW A STATE. [ARTICLE]
BOND CALL IS ISSUED.
UTAH IS NOW A STATE.
% LONG-EXPECTED ACTION TAJCEN BY CARLISLE. tented Bids to Be KeceiFed at His Office Feb. s—lnterest Fixed at 4 percent. — —'New Securities to Bear the Date Ot Feb,' 1, 1895. A montit Is C’100,000,000. Speculation concerning the amount and character of the new' bond issue was set at rest when Secretary Carlisle made public a circular on the subject. The lo;lu. will be a “popular” one, apd the circular gives notice that the Government Will sell $100,000,900 thirty-year 4 per cent “coupon or registered bonds dated Feb. 1, 1895, for which purchasers will be required .to pay in gold coin or gold certificates. This IS the first issue by the presen(.administration of such a large amount of bonds at <’ne time, all the previous issue* having been for 850,000,000 each. Th<} circular also contains an intimation of a possible further issue of bonds should the issue or sale of nil additional or different form of bond for the maintenance of the gold reserve be authorized by the law before Feu. 5. The circular is as follow*: ’’Treasury Department. Office of the, Eeeretary, M ash-ington, *D. C.- —-Noticc-is hereby given that sealed proposals will be rec.rived at (he office of 1 lie Secretary of tho Treasury, at Washington, D. C„ until 12 o’clock in. on Wednesday, the sth day of : fhrhr.uary. lS9i;. lor. the purchase of one hundred .million dollars <SIOO,ODD,OOOI of United Stflles 4 per c-ent conpoiFtir rcg*~ istered bonds in denominations of fifty dollars (SSO) and multiples of that sum as may be desired by bidders. “The right to reject any or All bids is reserved, “ 1 he.bom?* will be dated ou tlie Ist day of February. 1595, and be payable in coin thirty years after that dale",'and will bear internsf at 4 per centum per annum, payable quarterly in win, but all coupons maturing on a idbcforo the Ist day of Feh-
ruary. 1890, will be detached aud purchasers will be required to pay in United States gold coin or gold certificates for the bonds awarded them, and all interest accrued thereon after tho Ist day of February, 1 SIMS, up to the time of application for delivery;“Payments for the bonds must bo made at the treasury of the United. States at Washington, 1). C., or at the United States sub-treasuries at New York, Boston, Philadelphia, Baltimore, Cincinnati, Chicago, St. Louis or New Orleans, or they maybe made at San Francisco, with exchange on New York, and all bids must state what denominations of bonds are desired, and whether co.upon or registered, and at what place they wHLbo paid for. “Payments may be made by installments, as follows: Twenty .per cent upon receipt of notice of acceptauce of bids aud 20 per cent at tiie end of each ten days thereafter; but till accepted bidders may pay the whole amount at llie date of tiie first installment ami all those who have paid all installments previously maturing may pay the Whole amount of their bids at any time, not laier tjtiau the maturity of the last installment. “Ti*e bonds will be ready for delivery on or before the 15th day of February, 1890. “Notice is. further hereby given that if the issue nnd sale of nn additional or different form of bond for the maintenance of the gold reserve shall be authorized by law before the sth day of February, 1890, sealed proposals for the purchase of such bonds will also be received at the same time and place, and up to tiie same date, and upon the same terms and conditions herein set forth, and such bids will be considered as well as the bids for the 4 per cent bonds herein mentioned. “J. CARLISLE. “Secretary of the Treasury."
