Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-10-05
Proposals for Loan.
FIvE-TWENTY BONDS
TREASURY DEPARTMENT, I
WASHINGTON, October 1, 1884. {

IOEALED OFFERS WILL BE Re
RCEIvED at this Department, under the Act of
Congress approved June Both, 1864, until noon of
FRIDAY, the l4th inst, for Bonds of the United
States to the amount of FORTY MILLIONS OF
DOLLARS. The Bonds offered will bear an inter-
est Of Six Per Centum. payable semi-annuaIly in
Coin, on the frst days OF May and November, an
will be redoemabIs st the pleasure of the Govern
ment after i've years, and payable in twenty years
from November Ist, 1864. #-i L
zach offer must be for Fifty or some multiple of
Fifty Dollars, aud must state the sum, innru ling
premium, for each Hundred Dollars or for Fifty
Dollars, when the offer is for no more than Fifty
Dollars. Two per csnt of the principal, including
premium, of the whole amount bid for by each bid
der must be deposited as guaranty for payment of
subscriptions, if accepted, with the Treasurer of
the United States at Washington, or with the As
sistaut Tressurers at New York, Boston, Philadel-
phis or st. Louis or with the designated depository
at Baltiusre, Pittsburg, Cincinnati, Louisville,
Chieaga, Detroit or Buffalo, or with q New York
National Deposit Bank, which may consent to
transact tho business without charge, for which
deposits duplicate certificates will be issued to the
depositors by the officer or the Bank receiving them
theorigiuaIs Of which must be forwarded with the
offers to this Department All dep sits should be
made in time for the certificates, with the oess,
reach Washington not later than the morning Of
oofobercI4th, IS Aforesaid No offer not accompa-
MED by its proper certificate of deposit will be con-
sidered.
Tbs Coupons and Registered Bonds issued under
this proposal viii be of ths denominations of Fifty,
One Hundred, Five Hundred. and One Thousand
Dollars. Registered Bonds of Five Thousand and
Ten Thousand Dollars will be issued if required.
An offers received will be opened on Friday, Oc-
tobsr l4th. Ths awards will be made by the secre-
tary to the highest offerers, and notice Of accep-
tanOo or doeIination will be Immediately given to
the respective oaerers. In case of acceptance,
bonds of the description and denomination preferr-
Cd will be sent to the subscribers at the cost of the
Department, on final payment of IL stallmsnts-
The deposit of two per cent will be reckOned in the
last instaIlments paid by successful Ofsrers, and
viii be Immediately returned to those whose offers
may not be accepted.
The amount of accepted offers must be deposited
with the Treasurer, officer of Bank authorized to
act under this notice, on advice of acceptance of
officers, follows ons-half on the Goth Of October
and the balance, including the premium and the
original per cent deposit on the 9lst of Octo-
ber The Bonds will bear interest from November
lst. Interest deposits from their date to yem-
Der lst will be pEid by the Government in coin-
0neh of the first nstallment, or twenty-five per
cent. of the accepted offers, may be paid with ac-
crued interest, to October 18th, in United States
Certificates Of Indebtedness, but such Certificates
will be received in part payment on the first in
stal'ment only. Offers under this notice should be
Endorsed OFFLRs fOR LOAN, and addressed to the
Secretary of the Treasury The right to decline all
offers not considered advantageous to the Govern
ment is reserved by the SECRETARY
. fSignedl W. P FESSENDEN,
oe4:I72 Secretary Of the Treasury.