| Show PENHALB GETS IT He Picks the Board of Education i1Plnm t The BIddinzr was Very Close RollIns Sons Being but 6 Mora than that of the Next Highest Bidder At 480 oclock yesterday afternoon the financial committee of the board of education educa-tion met at the office of the board and opened tho supplementary bids for the 5 per cent gold bonds offered for sale W J Hayes Son of Cleveland 0 stood pat upon their first bid of par and accrued ac-crued interest and 2000 premium the board to furnish a transcript of the legality of the bonds Edward Morton Co made their same offer of 151500 and interest Blair Co offered par and accrued interest In-terest and 1555 premium Tingley 8 Tuttle offered 97K and interest Inter-est Farson Leach Co of Chicago offered par and accrued Interest less 5693 comais sion and a premium of 1000 E H Rollins Sons of New York offered 151603 and accrued interest spot cash for delivery in Salt Lake N W Harris Co of Now York offered of-fered par and accrued interest and 31500 premium H B Farmer offered 151596 and accrued ac-crued interest The committee threw out the bid of W J Hayes i Co because they refused to t waive the legality of tho issue The next best bid was that of George Pen baleagent for EH Rollins Sons and the committee will recommend to the board the acceptance of his bid The bidding was the closest overindulged in at the sale of securities in Salt Lake Rollins bid was only 6 more than that of H B Farmer but 47 greater than that of Blair Co and only 102 more than N W Harris Co The full board will hold a special meeting meet-ing Monday afternoon at 4 oclock to enter into a contract with Mr Penhale authorizing authoriz-ing tho delivery of the bonds to him |
