The national Republican., 1861-05-27
may 27
OFFICIAL,

TREASURY DEPARTMENT, april 20, 1861.
SEALED PROPOSALS will be received at this
Department, until IL o'clock noon of Thursday,
the aoth day Of May next, unless the whole
amount 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 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 mi-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 jan
uary last.
No offer, by the terms of the act, can be &C
cepted at less than par or for any fraction of one
thousand dollars nor can any offer be consid-
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 so accepted must
be deposited either with the Treasurer of the
United States, or some one 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 June, two-ffths on or before the
fifteenth. Of June, and the remaining two-fifths
on or before the thirtieth day of June.
On the receipt here of the certificates of the
proper officers, showing such deposites, certii-
Gates Of inscribed stock will be issued to sue
cessful bidders, or their assigns, in sums of one
thousand or FIVE hundred dollars each, as may be
required. Inscribed stock so issued will carry
interest from the date of such deposite, 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 scmi-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-
poste 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 whom
the principal was deposited.
The proposals under this notice must be en-
dorsed on the envelopes, proposals for Loan of
22d June, 1860" and Addressed to the Secretary
OF the Treasury Washington, D. c., or such pro-
posas SO addressed may bo put under cover to
the Assistant Treasurer New York, who will
forward them to this Department, to be opened and
decided. 1t is desired that each sealed proposal
may be accompanied with note addressed to the
Department. stating the name of the bidder, and
the sum bid for, in order that the bids may he
opened whenever the whole sum offered is sub
scribed for. The preliminary dsposte of one
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.