Show CANAL BONDS OFFERED interest ie Is 2 per cent and issue will be payable in 30 years washington secretary Secre shaw on monday offered the public 90 bonds of the panama canal loan authorized by the recent act of con gross gress the bonds will bear interest at the rate of 2 per cent will be dated august 1 1906 and interest will be payable quarterly they will be redeemable dee mable at the pleasure of the gov eminent at the end of ten years and will be payable thirty years from date the bonds will be exempt from taxes or duties of the united states and will be available to national banks as security for circulation the bonds will not be sold for leas less than par all citizens will have equal opportunity port unity to subscribe tor for them and the bids must be submitted to the de apartment part ment on or before july 20 1906 |