Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-10-12
Proposals for Loan,
FIVE-TwENTY BONDS.
TREASURY DEPARTMENT
KlsafNcToN Jctobsr ]. ISB4

,
OEALED OFFERS WILL BE RE
OCEIVED at this Department, under tho Act Of
Congress approved June sOtb, lsG4, until noon of
FRIDAY, the I4th inst for Bonds Of the United
States to the amount Of FORTY MILLIONS OF
DOLLARS. The Bonds offered VIII bear an inter-
est Of Six Per Centnm, payable semi-annualy in
Coin, on the first days of May and November, an
will be Reasonable st the pleasure of the Govern.
meut after five years, and payable in twenty years
from November Ist 1864.
Each offer must be foe Fifty or some multiple of
Fifty Dollsrs, sud 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, with the As
sistAnt Treasurers at New York, Boston, Pbiladsl-
phia or St. Louis, with the designated depository
at Baltimore, Pittsburg, Cincinnati, Louisville,
Chicago, Detroit or Buialo, 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 Offices OF the Bank receiving them
the originals Of which must be forwarded with the
offers to this Department. All Deposits should be
mado in time for the certificates, with the oss, to
reach Washington not later than the morning OF
October 18th, SIS aforesaid No offer not aceomps-
MED by it's 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.
An offers received will be opened on Friday, Oc-
tober l4th. The awards will be made by the Secre-
tsry to the highest ofersrs, and notice of aocep-
tanoe or declinatiOn will be Immediately given to
the respective oderers. In case of acceptance
bonds Of the description and denomination PREFER
cd will be sent to the subscribers the cost Of the
Department, on final payment of iBstaIlments-
Inc deposit OF TWO per cent VIII De reCkOned IN the
last installments paid by successful oferers, aud
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 und-r this notice, on advice of acceptance of
officers as follows half on the 2oth of October.
and the balance, including the premium and the
original per cent deposit, on the Slst of Octo-
Der. The Bonds will besr interest from H.veinber
LIST. Interest deposits from their date to lyem-
Der Ist will be paid by the Government in COIN.
Onehalf Of the first nstallment, or twenty-five per
cent of the accepted offers, may be paid, with &C
orued interest, to October 14th, in United States
Certificates of Indebtedness, but such Certificates
will be received in part payment on the first in
stalm msnt 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 sectetary
Isignedl W. P. FESSENDEE, z
Oc4:i72 Secretary of the Treasury.