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Show iNYITINS BIDS FOR $50,000,090 panaiia' bonds Invitations Sent Out by Uncle Sam Fl!r Seventy- . . seven Hail Bas. " WASHINGTON, May 17. Seventy-savea Seventy-savea mail baga filled with invitation to tha public to bid for Uncle Barn's bonds left Washington. Every one of th 23,000 national jMnka,. state banks, and trust eompaaiea of whirh th tress ury has record, will receive on of th official eirculara and bidding slips. The man who wants to lend filOO, 500, 11000 or mors to the government at 1 per eent interest can learn all th per ticulars by dropping aroaad to sea his banker. To make the new SO,000,000 loan a popular aa. poaaible tha treasury will accept ordinary checks payable through clearing house cities aad postal orders in payment. The small bidders will receive first attention, which will make it possible for the individual investor to deal di rectlv with tha ffAvermment inatMfl nf .with a bond dealer. ' It probably will ba aix week before th successful bidders are announced. The price they will pay for tha new securities ia a conjecture, but th estimate esti-mate put it somewhere between par and 103. - By this issue of $50,000,000 Uncle Sam will owa hia people about 0963.000,000 upon which variona rate of interest are paid. Th money will be used partly to reimburse re-imburse tha treaeary for money it ha advanced to th Panama canal. |