Show I MUNICIPAL MATTERS Interest on Ciy Warrants Will Mate n Drain Bush of Warrant Holders to Get Their Paper RegisteredOperations Ke Burned on the Sewer The action of the council on Tuesday night in making all city warrants negotiable and interest bearing at the rate of 8 per cent per annum brought a crowd of warrant holders to Treasurer Dukes office yesterday and that official was kept busy registering the papers The new rule will increase Auditor layboulds work somewhat as he Is required re-quired to split up the warrants to suit the v ioldcrs The city will probably pay out a snug um in interest ou these warrants as the amount outstanding on them on July 31 was 12339726 and those issued this month will probably represent as much more with no prospect of them being redeemed re-deemed for some time |