The Portland daily press., 1864-10-07
PROPOSALS for LOAN.
40 RONNS.
TREASURY DEPARTMENT

HUSHtUyCOHJ Ncb ~ loof.
Sealed offers will be received at this Department,
under the act Of Congress- approved June 3Oth 1864
until the of Friday, the 14h instant, for bonds
of the United States to the amount of forty millions
of dollars. The bonds offered will bear an interest
of six per csntum, payable semlannually, in coin,
on the first days of May and November, and will be
rdeemable at the pleasure of the Government after
five years, and payable in twenty years from Nov /,
1864.
Each offer must be for fifty or some. multiple of
atty dollsrs, and must state the sum including pre-
MUM offered for each hundred dollars, or for fifty
when the offer is for 10 more than fifty. Two per
cent of the principal excluding p,emiuml of whole
amount bid for, by each bidder, must be deposie ed
as guaranty for the payment of subscriptions If
oepted with the Treasurer of The United States at
Washington, or with the Assistant Treasurer at
New York, Boston, Philadelphia, or st. Louis, or
with the designated Dspositary at Baltimore Pitts
hurgh, 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 ssu
ed to the de ositors by the officer bank receiving
them-the originals 81 which must be forwarded,
with the offers, to this department, All deposits
should be made in time for the certificates with the
offers to reach asLington not later than the morn.
ing of october IA, aforesaid No offer not accom-.
panied by its proper certificate of deposit, will be
considered. - l4& .HA ae
The Coupon and Registered Bonds, issued under
this proposal, will be of the denominations of $780,
500, $500, Sl00). Registered Bonds of $5 COO and
$4,000 will be issued if required.
All offers receie ed will be opened on Friday, Oc-
tober 14th. The awards will be made by the Secre-
tary to the highest orers and notice acceptance
or declination will be i'm mediately given to the re-
spectiye oGarefs. In cases of acceptance bonds of
the description and denomination preferred i'll be
sent to the subscribers at the cost of the Depart
ment, on final payment ofinstalments. The deposit
Of two FER cent will be reckoned in the last install
ments paid by successful offerers and will be imme-
diately returned TO those whose offers may not Ibe
accepted.
The amount of accepted offers must be deposited
with the Treasurer, officer bank authorized to act
undor this notice, on advice of the acceptance of of
fers, as 1oilows One half on the 20th October and
the balance, Gncluding the premium and original
two per cent. Deposit on the Slst October.
The bonds will bear interest from November 1st
Interest ON deposits, from their date to Nov l. will
be paid by the Government in coin. 5A9ag
One-haf Of the first instalment, or twenty Ave pei
cent of accepted offers, may be paid with accrued
interest to Cot a. in United States Certificates
Indebtedness but such certificates will be received
in part payment of the fret installment only
Offers under this notice should be endorsed "Offel
for Loan" and addressed to the Secretary of tn,
Treasury. The right to decline all offers not consid
cred advantageous to the Government, is reserved
to the Secretary.
W. P. FESSENDEN,
Oct5 w1w&dtd Secretary of the Treasury.