The national Republican., 1861-05-22
OFFICIAL.
TREASURY DEPARTMENT. M,

TREASURY DEPARTMENT, May IL, 1861.
SEALED PROPOSALS will be received at this
Department until IL o'clock, noon, of Tuesday,
the twenty first day Of May now current, for the
remainder of stock of the United States, to be
issued under the act of Congress approved 9Th
February last, amounting to eight millions, nine
hundred and ninety -four thousand dollars. This
stock will bear interest at the rate Of sI per cent
per annum, payable semi-snnually, on the first
days of January and July in each year, and will
be reimbursable in twenty years from the first
day Of January last.
The proposals must state the sum offered for
each hundred dollars of stock, and must be for
one or more thousands Of dollars, without frac-
tions. One per cent. Of the amount offered must
be deposited with the Treasurer Of the United
States at Washington, or with an assistant treas
urer at Boston, Philadelphia, or New York, sub
ject to the order of the Secretary of the Treas
ury; and the certificate showing such deposit
must accompany the offer. The act reserves to
the Secretary the right to decline bids not re-
garded as advantageous to the United States.
The amounts payable under the accepted offers
for this loan must be deposited with the Treasu-
rer Of the United States, or an assistant treasu.
rer at Boston, New York, or Philadelphia on or
before the twenty fifth day of May now current !;
but If any accepted bidder shall desire to deposi.
at any other point, his request will be considered.
On the receipt here Of the proper certificates,
showing such deposits, certificates of inscribed
stock will be issued to the successful bidders or
their assigns, for the amounts to which they shall
be entitled, In sums Of one thousand, Eve thou
sand, and ten thousand dollars each, as NAV be
required. Inscribed stock SO issued will carry
interest from the date Of such deposit and will
be transferable on the books of the Treasury,
agreeably to the regulations Of the Department.
Should any accepted bidder desire certificates
of stock, with coupons of semi-annual interest
attached thereto, they will be issued accordingly
In sums Of one thousand dollars each, with cou-
pons attached for interest from the frst day of
July next. Such coupon stock, instead Of being
transferable on the books of the Treasury, may
be assigned and transferred by delivery. The In
terest on such coupon stock, from the date Of
the deposit therefor to the FIRST Of July next will
be paid on that day to the accepted bidder, or
his assigns, or attorney, by the depository, with
whom the principal was deposited.
The proposals under that notice should be en-
dorsed on the envelopes, " Proposals for loan Of
February 8, 1861" and addressed to the Secre-
tary Of the Treasury, or they may be put under
cover to the Assistant Treasurer of New York
who will forward them to this Department. They
should be sent in season to be opened and de.
cided at the time above stated.
The preliminary deposit Of one per cent re-
quired from all bidders, will be included In the
6nal deposit Of successful bidders, and will be
directed to be Immediately returned to unsuc-
cessful bidders. g. CHASE,
| Secretary Of the Treasury.
may ll-dt2l
| Notice.
TINE TIME FOR RECEIVING PROPOSALS
i under the foregoing advertisement 10 extend
ed until Saturday, the 25th instant. Bidders
| may propose In the alternative for bonds of the
description above set forth at any specified rate
or for an equal amount of Treasury notes at any
rate not below par, such Treasury notes being
receivable for public dues, or convertible into
twenty years six per cent. bonds, or redeemablt
in two years, at the option of the holder. II An,
piuoer prefers 10 MAKE separate ouer Tor bond
or Treasury notes, 1t will be considered.
The offers regarded AS most advantageous t
the United States will he accepted. All amount
payable under accepted offers must be deposited
with the Treasurer or an Assistant Treasurer OF
or before the lst day Of June next; or, If prefer
red, one.third may be deposited on or before til,
lst, one-third on or before the 10th, and the re-
naming third on or before the goth of June next
8. p. CHASE,
may 22-td Secretary Of the Treasury.