The national Republican. [volume] (Washington, D.C.) 1860-1862, 1861-05-20
OFFICIAL.

TREAsurY DEPARTMENT, Nay IL, 1851.
SEALED PROPOSALS will b received At this
Department until IL o'clock, noon, of Tuesday,
the twenty.H,st day Of May now current, for the
remainder Of stock Of the United States, to be
issued under tho act Of Congress approved 9Th
February last, amounting to eight millions, nine
hundred and ninety -four thousand dollars. This
stock will bear interest at the rate Of six per cont
per annum, payable semi-annually, on the fret
days of January and July in each year, and will
be reimbursable in twenty years from the first
day Of January last s.... ......
The proposals must state the sum offered for
each hundred dollars Of stock, and must be 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, Philadslphis, or New York, sub
ject to the order Of the Secretary Of the Treas-
ury; and the certificate showing such deposit
must accompany the offer. The act reserves 70
the Secretary the right TO decline bids not re-
garded - advantageous TO the United States.
The amounts payable under the accepted offers
for this loan must be deposited with the Treasu-
rer Of the United States, or an assistant trsssu-
rer at Boston, New York, or Philadelphia, on or
before the twenty-6fth day Of Nay now current
but If any accepted bidder shall desire TO deposit
at any other point, bis request will be considered
On the receipt here Of the proper certificates
stock will be issued to the successful bidders OF
their assigns, for the amounts 10 which they shall
DO entitled, In sums Of one thousand, Eve thou.
sand, and ten thousand dollars each, a. may be
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 certificates
Of stock, with coupons Of semi-snnual interes
attached thereto, they will be Issued accordingly
In sums of ono thousand dollars each, with cou
pons attached for interest from the Hrst day o
July next. Such coupon stock, instead Of beinl
transferable on the books Of the Treasury, ma!
DO assigned and transferred by delivery. The In
terest on such coupon stock, from the date o
the deposit therefor to the first Of July next vii
be paid on that day to the accepted bidder, o
bis assigns, or attorney, by the depository, will
whom the principal was deposited.
The proposals under that notice should be en-
dorsed on the envelopes, Proposals for loan q
February 8, 1884," and addressed 70 the Secre
tary Of the Treasury, or they may be put unds
cover 10 the Assistant Treasurer of New Yorl
who will forward them to this Department. The
should be sent In season TO be opened and d,
clded at the time above stated.
The preliminary deposit of one per cent RI
quired from all bidders, will be included In Ii
6nal deposit of successful bidders, and will
directed to be Immediately returned to unsut
csssful bidders. s. P. CHASE,
Secretary Of the Treasury.
may ll-dt2l