Show CONDITIO 1 OF MARKET LITTLE disturbance anticipated BY PAYMENTS I 1 government officials rrb arranging matters so BO that no trouble will occur I 1 to market by paying V U P F bonds I 1 washington dec 23 assistant secretary Vande flip in speaking of tho the I 1 licary heavy payments artents by the Covern government ment in I 1 january said eald secretory gage gabe intends that thre there th re ahall be as little als tur barce as poe possible sible in the money market as a result of the payment 0 f p principal ri 1 and interest Inter cut of 0 the union raci acino i ln bonds which mature january let the amount ot of principal of 0 these bonds Is 13 and ana the interest duo due thereon Is up to last 10 of oc the these bonds had been lift scented tor for payment and treasury irea sury drafts to the iho amount of 0 had been issued and tent sent out hit from the treasury this represents the actual cash payments made up to date dale there were up to lo last nightS night eda iLi of 0 redeemed bands held lit in the trea treasury sarry to lo secure c circulation on national banka checks depre henling the actual cash payments already made and to be made maae between now and the 27 ath will be available on that late in the banks it la Is probable that the amount of cash payments to that date will reach 00 on the same day the corn miLt cc ot of the union pax aale N mill ill pay into the treasury trea iury and in order to guard against further disturbance ot of tile money market roark ct secretary gage liaa has arranged that thai of 0 1111 3 amount shall be deposited in the national bank of 0 new york upon unon bonds bonds being turned over to the government Covern ment for security the balance abill ill represent tho the actual amount withdrawn front from the th sub treasury at new york tho the whole amount of 0 the bonds falling due Jui uary will ot of courso not net lie le presented hy by that time the number depends mostly upon tho the condition of the morrey mony market it the market Is easy holders of bon bonds as prefer to let the money for abety remain with the government but if ic the price of bonds bonda be high there Is also a tendency to present them slowly for redemption such ij the case at this time bonds to tile amount of 0 are arc now flow held as security tor for special clad deposits lit in national banks on account ot of the purchase ot of the union bacille railroad and to tills this extent there will be no actual money transaction it will be 2 seen ee if therefore ther etore that the measures mea surca taken liken by the secretary will so far as tire the redemption of the ho bonds bonda Is concerned und and tho the payment pary ment to the government ot of the next installment of tile the purchase price of tho the union pacific prevent any disturbance of tile the money market on the these accounts tile the list payment to be made to the government by the union on mccou account at will lit I 1 lie january 6 1328 and the an amount lou tit will be la 10 |