The national Republican., 1861-05-18
TREASURY DEPARTMENT, april 20, 1851.

TREASURY DEPARTkkNT, APTtt ~, 1901.
SEALED PROPOSALS will be received at this
Department, until IL o'clock noon of Thursday,
the aoth day Of May next, unless the whole
am ,unt offered be sooner taken at par, for thir-
teen millions nine hundred and seventy light
thousand dollars Of Stock Of the United States,
under the act Of Congress approved 22d June,
1860, authorizing q 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-
imoursable In ten years from the first day Of jan
uary last.
No offer, by the terms Of the act, eau be &C.
cepted at ess than par, 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-ifh on or before
the fifth day of June, two-8fths 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 he issued to sue
cessful bidders, or their assigns, in sums of one
thous md or FIVE hundred dollars each, as may bt
required. Inscribed stock so issued will carry
interest from the date of such deposite, and will
DO 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 interes,
attached to each certificate, they will be issued
accordingly in sums Of one thous md dollar.
each, with coupons attached for interest from the
first day of July next. Such coupon stock, in.
etead Of being transferable on the books of
the Treasury, may be assigned and transit rred
by tie delivery Of the certificates. The iuteros,
on such coupon stock from the date Of the de-
posite therefor, until the first DAY Of July next
will be paid on thst day to the accepted bidder
or his attorney, by the depository with whou
the principal was deposited.
The proposals under thla notice must be ca
iorsed on the envelopes, proposals for Loan G
ED June, $780," and addressed to the Secretar
Of the Treasury, Washington, D. G., or such pro
posals so addressed may be put under cover I
the Assistant Treasurer, New York, who will
forward them to this Department to be opened an
. decided. 1t is desired that each sealed propose
may be accompanied with ute 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
scribed for. The preliminary opposite of ga
per centum req Tired fro all bidders viii be In
cluded in the final deposite q tho principal.
S.P. CHASE,
. NAY lv-stwr Secretary Of the Treasury.