Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1848-04-28
PROPOSALS ron A LoAN

TREAsURT DEPARrnrxr
April II, lS4s.
OEALED proposals will be received, under the
j act of 3lst March last, until 8, p. M, on Sat-
urdaY, the 18th of June, lS4S, for sixteen millions
of dollars of United States stock, reimbursable
twenty years from and after the LIST DAY of July,
i64s, bearing six per cent interest per annum,
payable semi-annually. on the first days of jan
uary and July of each year. No bid Kill be 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 liked for opening the proposals. The bids in
all cases. must be unconditional and without any
reference to the bids of others. and should state
distinctly the premium offered. The proposals
should be sealed, and endorsed PrODosok FIR
!0Gn Of ls4S," and addressed to the Secretary Of
the Treasury, Washington City, D. T.. The
sums which may he accepted will be recnired TO
be paid 10 the depository of the United States
nearest the places of residence of the persons re-
spectively whose offers may be successful; but
the amount of the accepted bids from bidders no
residing in the United States, must be deposited
with the assistant treasurers at New York, Boston
Philadelphia, or New Orleans.
TO 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-beng for fifty dol
lars-as well as 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 by
delivery with coupons attached, at the option
of the bidder. TO avoid expense, confusion,
and multiplication of accounts, all certif-
Gates with coupons attached will be for the sum of
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 present
year, except for sums not exceeding twenty thous-
and dollars, where the bidder may be DESTROYS of
making immediate payment, in which case the
whole amount may be at once deposited. The
stock will bear interest in all cases from the date
| of deposite
The bids will be opened at the Treasury De-
Partment at 3, p. m, on Saturday, the 9Th Of
June, lS4S, IN the presence of all persons who
may desire to attend but, under provision in
troduced into the act of 3lst March last no bidder
vii be permitted to withdraw his bid. On all
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. r. ]. 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 81 lS4S-T32-u7thIi