Show UI HI PI P BOND ISSUE IS NOW NO AfLOAT Details Given Out by New York Bankers Re Regarding Regarding garding Sales PUBLIC MAY PARTICIPATE l Figure Set Ut lB 06 for In log ilK us First t Lien and n lt Mortgage Year J 1 1 Ier Cent The Tho bond I Issue sua I is afloat and th the price to the tho public Is 06 G This much Is known generall but ot the tho placing Of the tho 50 worth of hOndA which are ure not SO fIO gen rally are aro or consider considerable considerable I I able Both 1 E II harriman and Kuhn Loeb Company hove have marie formal ot of tho ho no ne for tor the sal sale ot of the tho bonds which arc lien and amI refunding mort mortgage gc 4 per cOnt gold ond The taker takor W was S the tonal company headed b by Jew York bankers intO comprising D Barring Dros Bros Company and Glyn Currie Company of London A meeting of oC the U ps executiVe com coin was h hold ll to ratify the sAle and ond at this gathering tho amount of tho ho issue OS from to This ts Is a part of oC the tho issue authorized ed by the theU theU U P month Kuhn Loob Joob Company sn say 25 worth of bonds will be ba offer od cal In the tho United St States tes and another In the form fonn ot of sterling bonds will bo be offered for tor public sub subscription In England Kuhn Loeb Company Compan refused to admit the Inter syndicate paid 03 and Is planning to offer at It Is said laId held out for tor 94 4 early In the transaction and aud was finally offer offered d deither either 93 or 03 This com compromise prom Iso was S I well posted hut but un on official sources From Now New York and London como come denials or of the that the refused to artio In the tho notation flotation of the bonds bonda be canoe caURa of antipathy towardS In ii fact London says the tho look upon the transaction favorably It Is under understood tood the whole cause causo for forr r reports differences of between Until man and the tho was the formers refusal to grant any conces concession BloC sion in piC ot of bonds to gain an any pres prestige prestige tige the participation might lend leml to the tho transaction The rhe bonds Iro vr Very cheap considering tim tha worth and nd credit of the tho UnIon Pac Pacific Inc said Mr harriman and that was an end endot ot of all 1111 discussion These who want l to buy ot at market price can do so those who feel thc they ought to get gel a cut are doomed to disappointment Prices In New York have ranged from Crom 06 to 97 7 the bonds selling strong ut at the tho ligure figuro and ond brisk at lower marks |