, 1866-02-07
SEnportsnt Treasury Cjrcnlar--KeEula-
tfun for tfe Redemption OF Fractioux1
Currency and National Bank Notes.
The DntteA Of Nat1onAl Rankr.
Especial Despatch to the Chicago Tt1buue]


tton for The Redemption of fractional
Currency and National Bank Notes.
Tie Dnf4eA Of National RnnfkH.
Especial Despatch to the Chicago Tnbupe.]
WASHINGTON, Feb. 8.
The following circular, approved hy The ssetre-
fary Of the Treasury. has inst been tesd BY United
ststes Treasurer Spinner:
TRzAsunr pEF'1, TREAsgREa's OFFICE
WAsHESoroN, Jan. q, 1858. {
The rules adopted for the redemption of fractional
and other United State* notae thai, from whatescr
eause, bare become unnt ior circulation. conte1n-
plate md require the corporation Of all national
banks thai ase designated depositories in the
~oEk of redemption, except such notea as by the
rQ1es ol the Dfptrtmeni are desirnated and de-
seitbed ~ tznuta'ed- and by The term 'nuila,ett'
fe meant notes not worth theu full face Eaue.
Some Of slese banks do not seem to hxye rnder-
Etood 0. hare bccn unwilling 10 accept this duty.
Now to furnish TO holders q mouey which ought
10 be retired from circn1a1un, DuIc ample mems
for The redemption Or exchange OF detaced United
stA1es and 1ncioLat currency and tuch no1e* rs By
e9vtSe S sSSt to asscoas. ] 4 sht 9essns .se sooSin
sddtIopal rules and regulations have been adopted
Nheneve1 holder d any United statcs currency
led :,iases, Cniied Stsies Deposi,aly, Or Ma
uopal Hank. whiclI is dc<ignated depository Of
the un1ted sthleA, notes which, IN the aggregate.
oye1, which no1es rhal hare been carefully nssort-
cd. labcled and then put up in one parcel, IN &c
eoidance VIII ths rn1ee aPrso:ea Sy The Ssers-
dsspi,en d. m On oi .9sh ae,e,. It shs Be d. = aat! ef
and g,Sc 10 he owner thereof either thc value Of
ceeos oi tnch parcel when re,afns
therefor sha1 have ben reeet.sd tIo.a ,be 1te;.:
amonnt e.sined. and the aats pie,niy written
thereon. The officer OF bank remit,ins euch par
.;ft Nrij
Is pear one thousand do1&ts Of lts multiple as may
Be. md w1,te upun such paekases the nanae os The
'sined fheieia, and st.te On the outside q t.eb
Express Company" which package shon1d be I'd,
s sts,te %.,lsron, sS IT, 3 c. Il II aaa uaass
sB.esa ss;ss e reas 9'aas sas 15oo..nd.
Amonns ssa fs nm on 9ne for psa:
po1ss,loD es,abaraes pz,oes by the one tho1sand
dola,s and The cost lcs1y1ng one tho9ss9d A.
the cost of conveying one tboussnd dollars. Pack
agts must be delivered for transmission TO the
Adams Express Company, o. to sucif ft1prces Com.
Adams Express. Returns viii be made for the
4alae OF rrniha1ees- ns soon AZ the Dote* ea1 he
counted 1t ,he I5sssaIy either hy check On Sew .
uiay cle1. straps in which erross have been dis
covered will Be returned nth The efsos and conn-
Nv fds psu, iarrt srns can be sent to the Tseas-
ufy fo- redemption without the iah0r OF counting
bJ ses7neda1e acspts ot 5ne tIsasSI ~ and ~ath
vhose duty it is under existing rules and instruc'
tiops. VII continue to redeem tual sums Of cur
repc1 ii the!r counter. whenese1 they hs'e oos-
Under these e&eulations. my pubic onees. nsnk,
ro11,nrn,jcn Nfm, or Individual, may t!so send 70
Of .hs Gnitt6 ri E1a,io sai h. pf
| ITnse IN the Owned bS observing carefully aud