The national Republican., 1861-05-15
OFFICIAL.
TnEAsuRy DrpAprNrxr n

TREASURY DEPARTMENT, Nay IL, 1861.
SEALED PROPOSALS will be received at this
Department until IL o'clock, noon, of Tuesday,
the twenty-6'st 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 b, ar interest at the rate of six per cent
per annum, payable semi-annually, 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 to 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, SUBJ
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 tbe United States, or an assistant treasu-
rer at Boston, New York, or Philadelphia, on or
before the twenty-ifth day Of May now current !;
but If any accepted bidder shall desire to depos.
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 may 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 first 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 Q, 1884," 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
final deposit of successful bidders, and will be
directed to be Immediately returned to unsuc-
cessful bidders. S.P. CHASE,
Secretary Of the Treasury.
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