Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1848-05-19
PROPOSALS FOR A LOAN.

TREASURY DEPARTNENT,
April II, 1913.
VEALED proposals will he received, under the
u act OF 3lst March last, until 3, p. m. on Sat-
urdav. the 18th of June, lS4S, for sixteen millions
of dollars of United States stock, Ieimbursable
twenty years from and after the LIST DAY of July,
i64s, hearing six per cent interest per amman,
payable scmi-annually, on the first days of Jam
uary and July of each year. No bid viii I've re-
ceived below par; nor will any bid be considered
unless one Per cent thereof is deposited in some
depository of the United States at or before the
date fixed for opening the proposals. The bids in
all cases, must I've unconditional, and without any
reference TO the bids of others. and should state
distinctly the premium offered. The proposals
should be sealed. and endorsed " Proposals for
loan Of lS4S. and addressed to the Secretary of
the Treasury, Washington City, D. {. The
sums which may he accepted viii he required to
be paid TO the depository of the United States
nearest the places of residence of the persons re-
spectvely whose offers may he successful but
the amount of the accepted bids from bidders no.
residing in the United States, mus, he deposited
with the assistant treasurers at New York, Boston
Philadelphia, or New Orleans.
10 give an opportunity TO all persons to partici-
pate in the investment of funds in this stock, bids
will be received for the lowest denomination OF
certificates authorized by law-being for fifty dol.
lars-as well for higher sums.
All certificates under one thousand dollars will
be transferable Oh the books OF the treasury; but
all certificates for that sum and upwards will be
! transferable on the books of the treasury, or bv
delivery with coupons attached, at the option
of the bidder. TO avoid expense, confusion
and multiplication of accounts, all certf
Gates with coupons attached will be for the sum O
one thousand dollars.
The successful bidders will be required to de
posite the amount awarded in five equal install
ments in each of the months ofJuly, August, Sep
tember. October, and November Of the presen
year, excep: for sums not exceeding twenty thous
and dollars, where the bidder may be DESTROYS @
making immediate payment, in which case tn
whole amount may be at once deposited. TIL
stock will bear interest in all cases from the dat
of deposite.
The bids will be opened at the Treasury De
Partment at 3, p. m, on Saturday. the i7th o
June, lS4S, in the presence of all persons WIN
may desire TO attend 4; but, under provision in
troduced into the act of 3lst March last, no bdde
will be permitted to withdraw his bid. On oil
bids not accepted, the amount deposited in ad
vance will be Immediately returned. The whole
premium on the amount awarded must be depos
tied as part of the first payment required in July
next. X. ]. WALKER,
Secretary of the Treasury.
Each of the daily papers of Boston, New York
Philadelphia, Baltimore, Charleston, and New
Orleans, and in all other States the papers selected
to print the laws of the United States, are autho
rized to publish this advertisement.
April Fl, lS49-- 32-ll7