Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1864-06-10
CLEVELAND, 0HIo,l
Jnne 9Th. 1864. ieO-dl3t
PROPOSALS FOR LOAN,
TREASURY DEPARTMENT, June 9, 1854.

l. TREASURY DEPARTMENT, June .. 1854.
To insure the greatest possible vigor in the opera
tions Of the armies now moving against the insur-
gents under brave and skilful Generals, upon vast
theater of operations, expenditures have been in
creased beyond receipts from revenue and ordinary
subscriptions to the National Loan.
Sealed offers will therefore be received at this De-
partment. under the act Of March 3d. 1883, until
noon of Wednesday, the 18th day Of june 1854, for
bonds of the United States to the amount of Sew
enty-fve Millions of Dollars, bearing an annual in
terest of six per centum, payable semi in
coin on the first days Of July and January each year.
and rcdeemable after the 3Oth Of June, 1881.
Each offer must be for fifty or one hundred dol
lars, or some multiple of one hundred dollars. aud
must state the sum- including premium. offered for
each hundred dollars in bonds or for fifty when the
offer is for no more than fifty. Two per cent. Of the
principal, excluding preminm, Of the whole amount
offered must be deposited. as guaranty for payment
of subscription, if accepted, with the Treasurer Of
the United States at Washington. or with the As
sistant Treasurer at New York. Boston, Phiadel-
pha. or st. Louis; or with the Designated DEPOSIT
tary at Baltimore. Pttsburg, Cincinnati, Louisville
Chicago Detroit. or Buffalo; or with any National
Banking Association authorized to receive deposits
which may consent to transact the business without
charge. Duplicate certificates Of deposits will be
issued to depostors by the officer association
ceiving them; the originals Of which must be for
warded with the offers to the Department. All de-
posits should be made in time for advice Of offers
with certificates to reach Washington not later than
the morning of June 18th. No offer not accompani-
ed by its proper certificate Of deposit will be con-
sidered.
The Coupon and Registered Bonds issued will be
of the denominations of $50. $lOo. $780, and 81 0Oo
Registered Bonds of IS. 900 and $4,000 will also be
issued, if required.
All offers received will be opened on Wednesday.
the 18th of june by the Secretary one of the AS
sstant Secretaries and notice of acceptance or de-
cinaton will be Immediately given to the respective
offerers; and in case of acceptance, bonds of the
descriptions and denominations preferred will be
sent to the subscribers at the cost of the Depart
ment, on final payment of instalments. The origi-
nal deposit of two per cent. will be reckoned in the
last instalmen paid bv successful oferers and will
be Immediately returned to those whose offers may
not be accepted.
The amount of accepted offers must be deposited
with the Treasurer other officer or association au-
thorzed to act under this notice on advice Of accept
ance Of offer. or follows One on or before
the goth; one-thrd on or before the 25th and the
balance including the premium and original two per
cent deposit on or before the s0th of June Inter-
est to the ls of July on the several deposits will be
paid in coin on the 3Oth of June, and interest on
bonds will begin July !, 1854.
Offers under this notice should be indorsed "Ofer
for Loan" and addressed TO the Secretary of the
Treasury. The right to decline all offers not con-
sidered advantageous is reserved 10 the Government
s. p. CHASE,
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