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Show PANAMA CANAL BONDS OFFERED. Popular Subscriptions Invited to Is-use Is-use of $50,000,000 Securities. Washington.- Secretary MacVeagh on Tuesday invited popular subscriptions subscrip-tions to a $.'.0,000,000 Issue of government govern-ment bonds, to reimburse the treasury treas-ury general fund for expenditure on account of the Panama canal. Treasury ofllclals expect the lonn will be largely oversubscribed, and In distributing the new securities the government's Intention is to give preference pre-ference to smaller bidders. The new securities will bear three per cent Interest, payable qunrterly; will be free from all national, slat ,r municipal taxation, anil will be In .lenomliiatlons of $100, $.'.00 and 1 1 .MM). |