Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-10-14
Proposals for Loan.
FIVE-TwENTY soNDs.
TREASURY DEPARTMENT.
sU.e.r,-cros Oc4Ober 1 1884


SEALED OFFERS WILL BE Re-
OCEIvED at this. Department, under the Act of
Congress approved June sOtb, 1884, ,JinilI noon of
FRIDAY, the l4th inst, for Bonds of the United
States to the smoupt Of FORTY MILLIONS OF
DOLLARS, The Bonds offered viii bear an inter-
est OF Six Per Csntnm, payable semi-annually in
Coin, on the first days of May aud November, an
will be rodeemsbls at the pleasure Of the Govsrn-
ment after five years, and payable in twenty yeArs
from November Ist, 1864 etHa Dos
Each Offer must be for Fifty or some multiple Of
Fifty Dollars, and must state the sum, inoluiing
premium, for each Hundred Dollars or for Fifty
Dollars, when the offer is for more than Fifty
Dollars. Two per cont. of the principal, excluding
premium, of the whole amount bid for by each bid
der must be deposited guaranty for payment Of
subscriptions, if accepted, with the Treasurer Of
the United States at Washington, or with the As
distant Treasureys at New York, Boston, Philadol-
phia or St. Louis OF with the designated depository
at Baltimore, Ptttsburg, 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 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
reach Washington not later than the morning Of
October I4th, as aforesaid. No offer not sccompa-
MED by its proper certificate of deposit will be con-
sidsred.
The Coupons and Registered Bonds Issued und ir
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, oe'
tober 14th. The awards will be made by the secre-
tsry to the highest Oferers, and notice of sccsp-
tance or dscIinstion will be Immediately given to
the respective oaerers. In case Of acceptance,
bonds Of the description and denomination preferr
ed viii be sent to the Subscribers the of the
Department, on final payment of iDstaIlments.-
The deposit of two per cent will be reckoned in the
last instsnments paid by successful oderers, snd
viii 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 under this notice, on advice Of acceptance of
officers, as follows: onohalf on the 10th of October,
and the balance, including the premium and the
original per cent. deposit on the slst of Octo-
Der. The Bonds will bear interest from November
lst Interest deposits from their date to n vem-
Der lst will be paid by the Government in coin
one-half of the first instalment or twenty five per
cent Of the accepted offers, may be paid, with ac-
orued interest, to October 18th, in United States
Certificates of Indebtedness, but such Certificates
will be received in part payment on the first in
stalment only Offers under this notice should be
indorsed OFTERs FOR LOAN, and addressed to tee
Secretary of the Treasury The right to decline all
oilers not considered advantageous to the Govern
ment is reserved by the Sectetary
lsigned W. P. FESSEHDEG,
Oo4:l72 Secretary Of the Irsa4ury.