The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-10-06

PROPOSALS for LOAN.
$40 BONDS.
TREASURY DEPARTMENT,
h. "a I

Sealed offers will be received at this Department
under the act of Congress- approved June 3Oth 1884,
until the of Friday, the 14h Instant for bonds
of the United States, to the amount offorty millions
of dollars. The bonds offered will bear interest
offs per osntum payable semi annually, in coin,
the frat days of May and November, and will be
deemable at the pleasure of the Government after
five years and payable in twenty years from Nov l,
1854.
Each offer must be for fifty or some multiple of
fifty dollvrs and must state the sum including pre-
MUM offered for each hundred dollars or for fifty
when the offer is for no more than fifty. Two per
cent of the principal Including premium) of whole
amount bid for by each bidder, must be deposited,
IS guaranty for the payment of subscriptions fac-
cepted 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 Depository at Baltimore, Pitts
burgh, 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 or bank receiving
them-the originals 3f 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 Washington not later than the morn.
ing of October H. aforesaid. No offer, not accom-.
panied by its proper certificate of deposit, will be
considered.
The Coupon and Registered Bonds, issued under
this proposal will be Of the denominations of $780,
800, $500, $1,000 Registered Bonds of $500 and
$40 600 will be issued if required.
| AL offers received will be opened on Friday, Oc.
tober 14th The awards will be made by the Secre-
tary to the highest oerers and notice of acceptance
declination will be immediately given to tho re-
spectve oherers. In cases of acceptance, bonds of
the description and denomination preferred will be
sent to the subscrbers at the cost of the Depart
ment, on final payment ofinstaments. The deposit
of two Fer cent. will be reckoned in the last install
ments paid by successful eerers, and will be imme-
diately returned to those whose offers may not Ebe
accepted.
The amount Of accepted offers must be deposited
with the Treasurer, officer bank authorized to act
undor this notice. advice of the acceptance of Of
fers as follows, One half the 20ih October, and
the balance, Including the premium and original
two per cent. deposit,l on the slst October.
The bonds will bear interest from November LIST.
Interest deposits from their date TO Nov l. will
be paid by the Government in coin.
One-half of the first instalment, or twenty per
cent of accepted offers, may be paid with accrued
interest to Oct. a. in United States Certificates OF
Indebtedness" bat such certificates will be received
in part payment of the frat installment only.
Offers under this notice should be endorsed "Ofer
for Loan" and addressed to the Secretary of the
Treasury. The right to decline all offers not consd.
cred advantageous to the Government, is reserved
to the Secretary.
W. P. FESSENDEN,
Oct5wIw&dtd Secretary of the Treasury.