Show N jw V BO W IJ TROUBLES Question of Debt Limit May Be 0 Raised BASed Again Cly oft who have had good to id their breath and fear the tt af Ot tending bond bend d als to te wl the U el city te ina pe net t had bad occasion l n yester yesterday yesterday day to apprehend p that all ail is not moving mating smoothly r in the lat last sale of municipal hondA bonds A letter was wa received from Far Farson SOS son Leech Leach Co the of the worth of refunding bows bonds s inquiring as to whether the original issue of Jan 1 I 1891 1811 1 was soldat sold soldat kl klat at nat DIll or less lessI I j e lI purpose e of this Inquiry was oil evi evident 1 dent dinI when it was stated that a certificate eatS cate was desired from the city trees tree treasurer uret that the bonds floated ten years ago were old gold at par The b i 1 I sold went Want at a discount of 0 ti 2654 for fOl forthe forthe the lot or at 5 per cent be below below low par whereas the refunding issue sold at a premium of ich sch a certificate as is desired dir 1 by bythe y the attorneys s for Farson Leach Co who are passing upon the lega legai c r 1 the last Issue cannot be fum iM 1 i ithe the opinion Is gaining ground that the New York brokers who have contracted to buy the bonds but who are mighty slow sIow about taking them and paying over the cash cesh are either sparring for tor tormore more time timp tim or are trying to establish that because of oC the difference between the discount and par on the old bonds to t be refunded the city is beyond the legal leol debt limit and therefore tb t the new news beads s are void in form and amount amo nt The developments in the ci lat tat latest latest est eat bond b nd deal daZ are are watched watch d by bythe byI bythe the officials and alsO in the meantime when the old bortas borre sare are presented pres for redemption red emp I tion thili the ty borrows the money at l cal banks at t the usual rates to 10 cue cus customers |