Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1848-05-05
PROPOSALS FOR A LOAN.

Treasury DEPARTMENT,
April II, lS4S.
CEALED proposals will be received, under The
- act OF 3lsl March last, until 3, P. NJ, on
Saturday, the l7lh OF June, i6i8, for sixteen mil
lions OF dollars Of United States stock, reimburs-
able twenty years from and after the Isl day OF
July, l649, bearing six per CEN. interest per annum
payable semi annually, on the frs, days OF ia
nuary and July Of each year.. No bid will 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 fixed for opening the proposals. Tbs bids,
in all cases, must be unconditional, and wilhou,
any reference TO the bids Of others, and should
sta e distinctly the premium offered. The propo-
sails shall be sealed, and endorsed "I'ropusals for
loan of 1S4S," and addressed TO the Secretary of
The Treasury, Washington City, D. G.. The
sums which may be accepted will be required 10
be paid to 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 not
residing in The United States, must be deposited
with the assistant lreasurers al New York, Bos.
ION, Philadelphia, or New Orleans.
To give an opportunity 10 all persons 10 parti-
cipate in the investment of funds in this stock,
bids will be received for The lowest denomination
OF certificates authorized by law-being Tor fifty
QOIldIS-dS well dS lOI nlSHeI SuuIS.
All certificates under one thousand dollars
will be transferable on The booEs OF the treasury;
Blu! 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 certificates with
coupons attached will be for the sum OF one thou
sand dollars.
The successful bidders will be required to de-
posite the amount awarded in five equal install.
ments in each of The months OF July, August,
September, October, and November OF The present
year, except for sums not exceeding twenty thou
sand dol ars, where The bidder may be desirous
Of making immediate payment, 10 which case the
whole amount may be al once deposited. Inc
stock will bear interest in all cases from the date
OF deposile.
The bids will be opened at the Treasury De.
par,ment at 3, P. M, on Saturday, The l7'h Of
June, l548, in The presence OF all persons who
may desire TO attend; but, under provision TO-
troduced into The act of 3ls, OF March last, nc
bidder will be pcrmitted 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 a awarded must be depo
si,ed as part of the first payment required IN JulJ
next. X. ). WALhEh,
Secretary of The Treasury.
Each Of the daily papers OF Boston, New
York, Philadelphia, Baltimore, Charleston anS
New Orleans, and in all other States Inc paper:
selected 10 print The laws of The United States
are authorized 10 publish this advertisement.
May 2-dll7lhJuneif