Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-10-10
Proposals for Loan.
FlVE-TWENTY BONDS.
TREASURY DEPARTMENT.
WAsRBGTos, October /, 1854


! SEALED OFFERS WILL BE RE
RoEIVED at this Department, under the Act OF
Congress approved June SOth, 1864, until noon Of
FRIDAY, the I4sh inst, for Bonds of the United
States to the amount Of FORTY MILLIONS OF
DOLLARS. The Bonds bred will bear an inter-
est of Six Per Oentnm, payable semi-annually in
Coin, on the frst days of May and November, an
will be Reasonable at the pleasure of the Govern.
ment after i've years, and payable in twenty years
from November LIST, 1864
Each offer must be for Fifty or somo multiple Of
Fifty Dollars, and 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, 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
sistant Treasurers at New York, Boston, PhilGdsl-
phis St. Louis 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
depostors by the officer or the Bank receiving them,
the originals of which must be forwarded with the
Ofersto this Department. All deposits should be
made in time for the certificates, with the ofss to
reach Washington not later than the morning of
October 18th, IS Aforesaid. no offer not socompa-
MED by Its proper certificate of deposit will be
uidsred.
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
Ton Thousand Dollars will bo Issued If required.
All offers received will be opened on Friday, oe.
tOber 18th. The awards will be made By the secre-
tary to the highest Oferers, and notice OF aoosp.
tance or decIinatiOn will be Immediately given to
the respective OHerors. In case of acceptance,
bonds Of the description and denominations PREFER
ed wiz be sent to the subscribers az the cost of the
Department, on final payment of iDHtaIlmeuts.-
The deposit OftwO per cent. will be reckOned in the
last instalImouts paid By suoce sfal ohsrers, 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 undar this notice. on advice of acceptance Of
officers, follows ons-half on the 10th of October
aud the balance, including the premium and the
original per cent Deposit on the slst of octo-
Der. The Bones will bear interest from N yember
lst Interest on deposits from their date to N Fem-
Der lSt viii be paid by the Government in coin
oue-half of the first instaIlmsnt or twenty five per
cent of tbs accepted offers, may be paid, with ac-
orued interest, to October 18th, In United States
Certificates of Indebtedness, but such Certificates
will be received In part payment on tbs first In
staiimsnt only. Offers under this notice should be
indOr.ed oTFERs FOR LOAN, and addressed 10 the
Secretary of tbs Treasury The right TO decline ali
offers not considered advantageous to the Govern
ment IA reserved By the Sectetary
TsignedI ". P. FEssEEDEN,
oel;l72 Secretary Of the treasury