The national Republican., 1861-05-09
OFFICIAL.

TREASURY DEPARTMENT, Apri 20, 1851.
SEALED PROPOSALS will be received at this
Department, until 10 o'clock noon Of Thursday,
the sOth 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,
1850, 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 semi annually, on the first days Of
January and July in each year, and will be re-
imbursabls In ten years from the Hrst day Of jan
usry last.
No offer, BY the terms Of the act, can be &C.
cepted at less 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
Treasursrs, at Boston, New York, or Philsdel-
phia subject to the order of the Secretary Of the
Treasury. The certificate showing such deposits
must accompany the offer.
Offers, under the above conditions, for the
amount above stated, or any portions thereof,
will be accepted, and the sums 90 accepted must
be deposited either with the Treasurer Of the
United States, or some one Of the Assistant
Treasurers above named, before the Afth day Of
June next; or, II preferred, one-ffth on or before
the fifth day Of June, two-Gfths on or before the
fifteenth Of June, and the remaining two-nhhs
on or before the tbirteth day Of June.
On the receipt here Of the certificates Of the
proper officers, showing such deposites, csrti6-
cates Of inscribed stock will be issued to suo-
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 deposte, 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 to each certificate, they will be issued
accordingly iu sums of one thousand dollars
each, with coupons attached for interest from the
drst 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 fret day Of July next,
will be paid on that day to the accepted bidder,
or his attorney, by the deposltary with whom
the principal was deposited.
The proposals under this notice must be On.
lorsed on the envelopes, " Proposals for Loan Of
22d June, 1850" and al lrs,sed to the Secretary
Of the Treasury, Washington, D. G., or such pro-
posals so addressed may be put under cover to
the Assistant Treasurer, New York, who will
forward them to this Department, to be opened and
decided. Itis desired that each sealed proposal
may be accompanied with a n,te addressed to the
Department, stating the name of the bidder, and
the sum bid for, in order that the bids may b.
opened whenever the whole sum offered Is sub
,cribed for. The preliminary opposite Of one
per ceptum required from all bidders will bs Ia
cluded In the ausl deposits Of the principal.
8. P. CHASE,
may l--stwif Secretary of the Treasury.