Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-10-11
Proposals for Loan.
FIVE-TwENTY BONDS.
TREASURY DEPARTMENT,
WaurtrDrcroHE 0ctoT,ar 1874

Il
WASHINGTON, October l, 1884.
SEALED OFFERS WILL BE RE
RCEIVED at this Department, under the Act of
Congress- approved June sOth, 1864, until noon of
FRIDAY, the 18th 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 Oentnm, payable semi-annually in
Coin, on the irst days of May and November, an
will be redeemabIe at the pleasure of the Govern.
ment after i've years, and payable in twenty years
from November Ist, 1854.
Each oHer must be for Fifty or some multiple of
Fifty Dollars, ard must state the sum, including
premium, for each Hundred Dollars or for Fifty
Dollars, when the offer is for no more than Fifty
Dollars. Two per cent. of the principal, excluding
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
sstant Treasurers at New York, Boston, PhiladeI-
phis st. Louie, with the designated depository
at Baltimore, Pittsburg, Cincinnati, Louisville,
Chicago, Detroit or Buffalo, or with any
National Deposit Bank, which may consent to
transact the business without charge, for which
deposits duplicate certificates will be issued to the
depOsitors by the oiice the Bank receiving them
the originals of which must be forwarded with the
offers to this Department. All deposits should be
made in time for the certificates, with the ofes to
reach Washington not later than the morning of
October 18th, IS aforesaid No offer not accompa-
MED by its proper certificate of deposit will be con-
sidered.
The Coupons and Registered Bonds issued under
this proposal will be of the 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.
All offers received will be opened on Friday, Oc-
tOber 18th. The awards will be made by the seore-
tary to the highest oHerers, and notice OF sccep-
tanes declnation will be inmedisUely given to
the respective onerers. In case of acceptance,
bonds Of the description and denomination preferr-
ed will be the subscribers at the COST of the
Department, On final payment of iDstallments.-- |
The deposit of two PEE will be rockoued in the
last nstailments paid by successful offgrsrs, and
will 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, folIows one-hslf on the 10th of October,
aud the balance including the premium and the
yriginal wo per cent deposit, on the 3lst of Octo
ber- The Bonds will bear interest from November
LIST. Interest on deposits from their date to ,vem
Der let viii be paid by the Government in COIN
one-haf Of ihe first installment, or twenty-five per
cent. Of tbs accepted offera may be paid, with ac
crued interest to October Ilth, in United States
Certificates OF Indebtedness, but such Certificates
will be received in part payment on tho first in
stalim5nt only. Offers under this notice should be
indorsed OFFERS 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
ISignedl W.P. FEsSENDEN,
oc4;l72 Secretary of the Treasury.