The New York herald., 1865-05-15
Over Thirty Millions Subj
scriDed on Saturday.
The Balance Of the Loan TO be Put
on the Market.
$3.50, 900, 900 MORE TO BE ISSUED.
POSTING THE NATIONAL BOOKS,

PnnApELsniA. May Is, 1893
The subscriptions to-day 70 the seven. thirty loan
amounted TO thirty miliors four hundred and nv ono
thousand nins hundred and tfty dollars The largest
single Western subscription million and thirty
hve thousand dollars from the Second National Bank
Chicago The First National Bank OF Cincinnati took
one million dollars. Tie largest single Eastern
subscription lve millions five hundred and
6fy four thousand dollars fro. the Ninth National Bank
New York. The Bank o Commerce, New York took
one million Fisk Il Hatcb, New York, 81, ,0s2, 500.
There q 901 individual subscriptions Henry Clews
60, New York, si,000,0O0; National Metropolis,
Wash,ngton $1,000 National Exchange, Hartford,
100000 Second National, Providence, 5000, 600;
Second National Boston, 100000 The total sales for
the week amounted TO SOS, 1884, $50.
a, the eofe OF today sales of the -hres but
little, If any, Of the second of the three hundred
millions remained. all telegrapc orders received this
day Saturday VIII be filed If any of the loan remaDs
will be given the first applicants by telegraph
on Monday morning
Two weeks ago the amount Of the second series cold
and reported, inclusive Of voucher ,ouversions
abou adred and forty ave millions o. dollars rhe
cash sales last week about forty millions This
week they ninety. eight millions.
Tho balance OF the coivcrslon OF quartermasters'
vouchers during the last two weeks and which not
included in the daily published sales OF the sevcn-
thiries togcthe eb tho sales in California and al the
various sub treasures also not included In the daily
sacs. will make about fifteen millions Altogether tho
total sales hundred and ninety eight millions OF
dollars
The Secretary OF the Treasury has decided issue the
balance OF the loan that authorized by the sct Of
March, 1855, and which amounts 10 two hunaved and
thirty millions and three tcnhs notes precisely
similar 10 tenor form and privileges TO the thitcs
already Sold payable three years from the 18th OF next
July except that tho government w reserve to itself
the option Of paying interest In gold coin at the rate Of
per instead OF and three en.hs currency
Subscribers will deduct the ineres, in currency up TO
July l5 when they subscribe The delivery OF the notes
OF this third series Of the thres VIII commence
the lst OF June aud will be made promptly and coDtn
uousy after that date Subs rp.ions however, win be
received at once and interest at seven aud teeenhs
per cent allowed TO subscribers up TO the 18th Of July in
| the same manner as n was allowed for inter
val between the second series and the FIRST
series 2Any OF subscriptions 10 the present series
will be Oiled with the issue speedily tho notes
bo prepared at the Treasury. The slight change
made the conditions OF this third series affect only tho
matter of interest. The payment In gold, II made win
be equivalent to the currency interest Of the higher ran
The important viege OF converting the into the
long and popular five-tweny gold bearing bonds OF
demanding payment of them at maturity, az the holders
option is intcrfcrcd with The takers OF the
thirty loan will rejoice IL the Secretary later
avals himself OF the option TO pay them six per cent In
gold IN Of the larger rate Of interest in currency
III, specie payments, in tho event OF which
only will this option be avacd Of would
duce and cqualze prices that purchases mado
with six per cent in gold would bo fully equal
TO those made with and three tenths per
cent In currency. The machinery used In popu-
arzng the first two series OF the thtes will DO
occupied by tho Secretary Of the Treasury In the sale Of
this third SERIES II will be under the supervision Of
Jay Cooke the government loan subscription agent,
who will employ the sub-agences heretofore employed,
with which the people familiar. II Ia confidently
expected that the whole VIII he sold in the next
sixty or ninety days. When this two hundred and thirty
billions Is disposed of the last opportunity fos those
profitable investments In United States government 20
| curiiies viii be gone