The national Republican., 1861-05-18
OFFICIAL.
TREASURY DEPARTMENT, Max II, 1861.

TREASURY DEPARTMENT, Mdy IL, 1861.
SEALED PROPOSALS will be received at this
Department until IL O'Clock, moor, Of Tuesday,
the twenty. fist day Of May now current for the
remaisder 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 frat
days of January and July in each year, and will
be ieimbursable 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-
tons. 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, sub
ject to the order Of the Secretary Of the Trsss-
ury; and the certificate showing such deposit
must accompany the offer. The act reserves to
the Secretary the right to decline bids not re-
gsrded as advantageous to the United States.
The amounts payable under the accepted ofiers
for this loan must be deposited with the Treasu-
rer Of the United States, or an assistant treasu-
rer at Boston, New York, or Philadelp hia, on OF
before the twenty fifth day Of May now current
but il any accepted bidder shall desire to deposi
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 OIL
sh.tr
be entitled, 10 sums Of one Thousand, Eve thou.
sand, and ten thousand dollars each, as may b.
required. Inscribed stock 90 issued will carry
interest from the date Of such deposit, and vii
be transferable on the books Of the Treasury
agreeably to the regulations Of the Department
Should any accepted bidder desire certificate
Of stock, with coupons Of semi-annusl interes
attached thereto, they will be issued accordingly
In sums Of one thousand dollars each, with cou
p0ns attached for interest from the 6rst day o
July next. Such coupon stock, instead Of being
transferable on the books of the Treasury, mai
be assigned aud transferred by delivery. The In
terest on such coupon stock, from the date o
the deposit therefor to the 6rst of July next, vii
be paid on that day to the accepted bidder, o.
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 o
February 9, 1861" and addressed to the Secre
tary Of the Tr asury, or they may lie put uude
cover to the Assistant Treasurer of New Yort
who will forward them to this Department. The
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 tiom all bidders, will be Included in tn
fnsl deposit Of successful bidders, and will b
directed to be Immediately returned TO uusuc
csssful bidders. S.P. CHASE,
Secretary Of the Treasury.
may ll-dt2l