Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-12-03
FINANCE AND TRADE.
Redemption Of National Currency.


NEW REGULATIONS or TIKI TREASURY DE-
P~ARTMENT.
The following regulations are adopted IN
leu OF all which havh been heretofore issued
Dy the Treasury Department in regard TO the
redemption of United States currency;
M~UTILATED CURRENCY.
Mutilated currency is redeemahle by the
Treasurer Of the United States, at Washing
lOns D Z, and BY no other Omcer.
UNITED STATES NOTES.
Notes presented for redemption, the abra-
sion or loss Of substance from which does not
exceed one-twentieth OF their original pro-
portions, VIII be redeemed as whole notes
l. Fragments o. notes will not be redeemed
IN full, except when proofs adduced by ahi-
davit thaG the missing parts OF such notes
cause and manner OF destruction Less than
hair OF a note is not redeemable at all, unless
accompanied by such Affidavit whenp presented
Dy tle holcer The character OF the anant
must be certified 70 De good by a magistrate
or other public officer.
2 n the absence Of such afndaVit, frag-
ments OF notes, exceeding by measurement
one-half OF their original surface, viii be re-
deemed Ia their proportion 70 the whole note
reckoning as a general rule by twentieths-
q MutiLsteo notes which have been torn, no
matter now much, but Of which al the rag
uusnts are returned, or detaced, no matter
how badly 80 that IL is certain they are gem
uine, viii be redeemed 90 their fnll face value
On presentation
l. Fragments ofIegal tender notes for which
less than the full value has been paid viii be
retained six months 70 enable owners TO re-
turn 10 the Treasury missing parts OF such
notes and receive the amount previously
WtLhheld such return should give the date
OF the letter lrom this office transmitting the
original remittance
LNTEKEsT-BEARTNG NOTES.
The rules FOR the redemption Of mUtilated
United States notes are likewise applicable to
mUlilated Understanding notes
COupons Of " years nve per cent Treas
ury pOtes separated from the notes Of which
they constituted & part, are Of no value ex-
cept when presented for redemption with the
notes 10 which they belong. Coupons should
not Ice detached from the i've per cent notes
except BY a Government officer authorized 10
redeem them at maturity. But this regula-
ton does lot apply TO coupon notes or bonds
other than i've per cent notes
FRACTIONAL CURRENCY.
Defaced fractional notes, II whole. are not
considered a. mutilaued when presented for
redemption. nor Is an evidently accidental
reducing the note BY Lot more
than one-tenthsof its size regarded as a multi
l. Fragments Of note viii not be redeemed
unless &c shall be clearly evident that they
constitute One-half or more OF one original
note; IN which case & noas, however multi
ated. vii be redeemed in proportion to the
whole note. reckoning By utths, except three
cent notes, which VIII be reckoned BY thirds.
. Murilatious less than One-tenth viii be
dis e-aruud- unless fraudulent but any mu-
tfIatibn which destroys more than O~ne-tenth
OF the Original note I'll reduce the redemp-
value o. me note by one-nIth rs lace
value, or ia thrLe cent note, by one-third OF
is ORIGINAL value
3 Fragments OF s Tires cent note VIII not
be redeemed, unless such constr
tute Iully UwO-Ihirds oIthe note A Us orisl-
nal form
4 Muulated notes presented for redemption
must be in sums Of not less than three dollars
OF their original value.
UNITED STATES SECURITIES. /
6s OF ISL.
Dsted 1861, and redeemable in twenty years
from January LIST and July LIST OF thar year.
Interest 6per cent. in gold payable semi
annually, January lsL, and July LIST. These
Onds were issued n three series:
Cnder Act Feb.S, ISL dated vsri-
Ousiy in SB,4l5,OO
Under Act July Il and Aug. 8. R8I
dated Nov. 10, 5D------.------. 5,OOG,0OO
Act JAY Z and Aug 5, ISL,
In exchange Tor 5-S0s, Nov. 10,
Under Act March ). 1913, and prInci-
pal made especially payable in
gold coin, dated June IS, ls55)-----. 100000
5-2E OF 1852.
Commonly termed Old sos. Dated May l, 4
49, redeemable after I'VE years, and payable
su twenty years from date. Interest 5 per
cel in gold, payable lst May and November.
under Act OF Feb 3, Is62---S5H,Tl,
5-20s OF 1864.
Dated NOV. l. Is6A Redeemable after i've
.nd PAYABLE in ~ enty years. Interest 9 per
cent IL gold, PAYABLE st May and November:
under Act March 3, 1854, lprin-
clpaI specified as paysbt5 IN gold S34so2,5OC
Issued uuusr Act June ~, los4-.---.. L~oroolYSO
5-3JsoF 1855.
Dated Nov. l. 1866. Redeemabls sfter i've
snd payable in twenty years Interestb per
in gold, payable list May and Noven-
Der:
Issued under Act Of March 5, Is55--slS,W 80
Dos OF 1855.
Dated July l. ISIS. Interest 8 per. cent. in
gold. payable January and July. They are
redeemable in i've and payable N twenty
years
Issued under Act OF March 3, 1855, in
exchange for 1905 converted, and
amount August J. S6s, tO--sSS2sB,SO
5-9Gs OF p57.
Dated July lst, 1855. Interest Q per cent. In
yod, payable January aud July. They are
-edesuable IN 5 and payable in ~ years.
Issued under Act OF March Sd, 1865,
in exchange Tor 80 converted, and
amount August Isl, B5S, to-----sS2,sB,@
5As OF kd7.
Dated July lst, I-67- Redeemsble IN ) and
,ayabIr IA ~ yesrs- Interest 8 per cent. IL
zoLd. payable lt January and July.
under act March Sd, 1866, in
exchange iOr 7-Su notes and am nj
August Isl, lSso,
5-2s OF ls6s.
DATED yulv lst. ls6s. Redeemable in 5years
md payable In &c years. Interest 3 per cent
u rod payable January aud July hL.
issued uuder Aet March 30, 1855, in
eXchang iOr ~ nobess ana am NJ
Angus lst, A5s, O-.--.--.,-rr-,.s.-----s S,WJ,VW
lO-i0s.
Dated March lst, hSA Redeemabie Ia Dand
payable ia - years. Interest D per cent III
,oid. payable lst Of March and September on
ID the denomination OF sou and sL,OOl On
he SO anC slU bonds interest Is paid annu-
Ally. March lst.
issued under Act OF March Sd, lSss,