The national Republican., 1861-05-23
TREASURY DEPARTMENT, April 20, 1861.


SEALED PROPOSALS will be received at this
Department until IL o'clock noon of Thursday,
the 30th day Of May next, unless the whole
am ,unt offered be sooner taken at par for thir-
teen millions nine hundred and seventy-eight
thousand dollars of Stock of the United States,
under the act of Congress approved 22d June,
1860, authorizing a loan, and providing for the
redemption Of Treasury notes. This stock will
bear interest at the rate Of six per cent. per an
mum, payable semi annually, on the first days Of
January and July in each year, and will be re-
imbursable in ten years from the first day of JAM
uary last.
No offer, BY the terms of the act, can be ac-
cepted at less than par, or for any fraction of one
thousand dollars nor can any offer be consd-
cred unless one per cent. of the amount
thereof be first deposited with the Treasurer of
the United States, or either OF the Assistant
Treasurers, at Boston, New York, or Philadel-
phia, subject to the order of the Secretary of the
Treasury. The certificate showing such deposite
must accompany the offer.
Offers, under the above conditions, for the
amount above stated, or any portions thereof,
will be accepted, and the sums 80 accepted must
be deposited either with the Treasurer of the
United States, or some ono of the Assistant
Treasurers above named, before the fifth day of
June next or, If preferred, one-ffth on or before
the fifth day of JuneTtwo-fifths on or before the
fifteenth of June, and the remaining two-fifths
on or before the thirteth day of June.
On the receipt here of the certificates of the
proper officers, showing such deposites, certi6-
Gates of inscribed stock will be issued to sue
cessfu bidders, or their assigns, in sums of enc
thousand or FIVE hundred dollars each, as may be
required. Inscribed stock 80 issued will carry
interest from the date Of such deposite, and will
be transferable on the books of the Treasury,
agreesbly to the regulations of the Department
Should any accepted bidder desire certificates
of stock with coupons of semi-annual interest
attached to each certificate, they will be issued
accordingly in sums Of one thousand dollars
each, with coupons attached for interest from the
first day of July next. Such coupon stock, in.
stead of being transferable on the books Of
the Treasury, may be assigned and transferred
by tie delivery of the certificates. The interest
On such coupon stock from the date Of the de-
posite therefor, until the first day of July next
will be paid on that day to the accepted bidder
or his attorney, by the depositary with whoH
the principal was deposited.
The proposals under this notice must be en-
dorsed on the envelopes, Proposals for Loan o
22d June 1862" and addressed to the Secretar!
of the Treasury, Washington, D. c., or such pro
possls so addressed may be put under cover u
, the Assistant Treasurer, New York, who will
forward them to this Department, to be opened AM
decided 1t is desired that each sealed propose
t may be accompanied with note addressed to tn
Department, stating the name of the bidder, an
the sum bid for, in order that the bids may b.
opened whenever the whole sum offered is sub
r scribed for. The preliminary dsposite of on
per centum required from all bidders will be in
. cluded in the final deposite of the principal.
! S.P. CHASE,
| may l-3twif Secretary Of the Treasury.