Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-10-13
Proposals for Loan.
FIVE-TwENTY BONDS.
TREASURY DEPARTMENT, l
WASHINGTON, October l, 1864.

WASHINGTON, October /, 1864
| SEALED OFFERS WILL BE RE-
| OCEIvED at this Department, under the Act of
Congress approved June SOth, 1874, 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 Centnm, payable semi-annually In
Coin, on the first days of May and November, an
will be redesmRble at the pleasure of the Govern.
ment after i've years, and payable in twenty years
from November Ist, 1854.
Each offer must be for Fifty or some multiple of
Fifty Dollars, aud 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
sistsnt Treasurers at New York, Boston. Philadol-
phia or ST. Louis or with the designated depository
at Baltimore, Pittsburg Cincinnati, Louisville,
Chicago, Detroit or Buffalo, or with any
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,
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 oes to
October l4th, SIS aforesaid No offer not aOOompa-
MED by Its proper certificate of deposit will be
sidered.
The Coupons and Registered Bonds issued undsr
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 l4th. The awards will be made by the secre-
tary to the highest oorers, and no tioe of scoep-
tAnco or decInation will be Immediately given to
the respective oaerers. In case of acceptance,
bonds of the description and denomination preferr-
ed will be sent to the subscrbers at tho cost of the
Department, on final payment Of instaIlments.-
The deposit oftwo per cent. will be reokoned in the
last instalmsnts paid by successful offerers, and
will be Immediately returned to those whose oilers
may not be accepted.
The amount OF accepted offers must be deposited
with the Treasurer, oficsr of a Bank authorized to
act under this notice, on advice of acceptance of
officers, follows half on the 2Otb CT October
and the balance, including the premium and the
original wo per cent. deposit, the 9lst of Octo-
Der. The Bonds will bear interest from n, vember
ist. Interest deposits from their date to vem-
bsr ist viii be paid by the Government in COIN
One-half of the fret stallmsnt or twenty five per
cent Of the accepted offers, may be paid, with &C.
crued interest, to October I4th, in United States
Certificates Of Indebtedness, but such Certificates
will be received in part payment On the first in
staiment 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 advantag, GUS to the Govern
ment is reserved by the SECRETARY
lsignedl W. P. FESsENDEN,
oo4l72 Secretary Of the Treasury.