Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-10-30
FINANCE AND TRADE
redemption Of National Currency.

Redemption Of National Currency.
sew REGULATIONS or THE TREASURY DE
PASTAIENT.
The following regulations ARE adopted in
lieu of all which havh been heretofore issued
by the Treasury Department in regard to the
redemption OF United States currency:
INITIATED CURRENCY.
Mutilated currency is redeemable by the
Treasurer OF the United States, at Washing
ton, d. c., and by no other officer.
UNITED states NOTES
Notes presented for redemption, the abra-
sion OF loss OF substance rom which does mol
exceed one-twentieth OF their original pro-
portions, will be redeemed as whole notes.
I. Fragments OF notes will not be redeemed
in fun, except when proofs adduced by AMI
daVit that the missing parts Of such notes
have been totally destroyed, and stating the
half Of a note is not redeeinahle at all, unless
accompanied by such affidavit when presented
by the holder. The character Of the afiiant
must be certified 10 be good by a magistrate
or other public officer.
, In the absence OF such AFFIDAVIT, frGg-
ments OF motes, exceeding bT measurement
one-half Oftheir original surface, will be re-
deemed in their proportion TO the whole note
reckoning as a general rule by twentieths.
g. Mufilated notes which have been torn, no
matter how much, but Of which all the frag-
ments afe returned, or uetaced, no matter
how badly, so thai il is certain they are gem
uine, VIII be redeemed al their full face value
az presentation.
4 Fragments oflegal tender notes for which
less than the full value has been paid viii be
retained six months To enable owners to re-
turn TO the Treasury missing parts Of such
notes and receive the amount previously
Withheld such return should give the date
81 the letter nom this Office transmitting the
original remittance.
INTEREsT-BEARING NOTES.
The rules for the redemption Of mutllated
United States notes are likewise applicable TO
mutilated nterest-bearing notes.
coupons oftwo years i've per cent, Treas
ury notes separated nom the notes Of which
they constituted a part, are OF no value eN-
cept when presented for redemption with the
notes 10 which they belong. Coupons should
not be detached from the 1--WE per cent notes
except by a Government officer authorized 10
redeem them at maturity But this regula-
tion does not apply TO coupon notes or bonds
other than hNe per cent notes
FRACTIONAL CURRENCY.
Defaced fractional notes. If whole, are not
considered as mutiiuted WheH presented for
redemption, nor Is an evidently accidental
dimInutiUn reducing the note by not more
Than one-tenthsof its size regarded as a multi
alton
l. Fragments Of a note viii not he redeemed
aniess II shall be clearly evident thai they
constitute one-NAlf OF more OF one original
note; in ~ hich case a note, however multi
ated, viii bc redeemed IN proportion 10 the
whole note, reckoning by nIths, except three
cent notes. which Will be reckoned by thirds.
. MutilatiOns less than OHe-tenth will be
disregarded. unless fraudulent; but any mu-
tilatiOn which destroys more than One-teuth
al original note VIII reduce the redemp-
nun AAAAAN ha TIT AhNN - 81 80 -
value, or II a three cent note, 10y one-third %
It's original value.
8. Fragments OF a three cent note viii not
he redeemed, unless such fragments consti-
tute Wlly two-thirds ofthe note in lis origi-
nal form.
must bc in sums Of not less than three dollars
lDI their original value.
UNITED STATES SECURITIES.
0s OF ISL.
~ 49, ,-E raFaaua sbra I'm ruranfv vaara
from Jahuary list and July lst Of that year.
Interest i per cent. in gold, payable semi
annually January LIST, and July lst. These
bonds weraissued in three series:
Under Act Feb. :. 1861 dated vari-
Under Act Jpiy L and Aug. s, 1851
dated HOW'LL s6u----.-..--... Jl,OOa,00O
Under Act JGy l. and Aug. 3, 1901,
1887, $50
Under Act March 8. 1853. and prInci-
pal made especially payable in
gold coin, ldaLed June -, 1854 ---. 100000
5-2S OF 1852.
Commonly termed Old 5-2e< Dated May ],
IsZ, redeemuble after nve years, and payable
IN Iusutv years from date. Interest g per
cent. la gold. payable LIST Nay and November.
Issued uHder Act OF Feb. =, lsb2-S5l4,Ul 900
5-ols Or 1854.
Dated Nov. !. lS6i. Redeemable after five
and payable in twenty years. luterest6 per
cent IN gold, payable lSt May and November:
issued under Act March 3, lS54, tprin-
cipal specified a. payable IN gold $500
5-asoF 1865.
Dated NOV. 4. 1855. Redeemable after five
and payable in twenty years. INTEREST," per
cent. in gold, payable lst May and Novem-
Der:
issued under Act Of March 3, Isg5slg7,w 80
J-9s OF 49,
Dsf-I July J.. Is65. Interest 6 per cent. In
gold. "a able January and July. They are
TedeernabIs in i've and payable in twenty
years.
Issued under Acl Of March 3, 1855, in
exchange for 800 converted and
amount August 4, isoS, to-------SS2AS,bO
5-as or 49,
Dated July lst. 1853. Interest q per cent. in
gold. payable January and July. They are
redeellable in and pay able IN DyeaTs.
Issued under Act OF March 81, 1866,
in exchange for7 -~S1conYerted, and
amount august lst, 1865 to--a-sAso V
J-3s OF $50.
Dated Julv Ist. 1867. R~adeemahle In ) and
pavable ia - years. Interest B per cent. in
gold, payable lst January and july.
Issued under Act March 81, Is65, IN
exchange for 80 notes and am Mt
August IsL ls5S, l,Sf6,So
DDS or 1865.
Date6 July lst, 1855. Redeemable IN . years
and payable in 9years. Interest per cent.
IN gold, payable January and July lst.
Issued uUder Act March Sd, 1875, In
exchange Tor 80 notes. and am'nt
August Isl. lNNs LD-.--aH-s------as--N Af'NyfFN
lO4ds.
nqfe.i March LIST. 1904. Redeemable In lOand
unvabls in 80 years. Interest . per cent. IN
gold. BayaBle lst OF March and september on
an REGISTERED bonds. and on al coupon bonds
the denomination of 500 and sl.tJl On
1ue So and Slu bonds interest is paid annu-
ally. March LIST.
Issued under Act Of March Sd, lN3,
and supplement March Sd, 1864.
principal pay able IN gOld-..-F-.--slsi,El5oO
4. = PACIFIC ~C~URnEsCY 6s.
DATED January IS, ls65, and variousig there
after. These h8hus are ISSUED by the Govern
ment under Acts Of July lSt, lN2, and July :
1854, 10 com panies eeeiY1ng their charter nom
Congress, which gives u1sm the right 10 con-
railroads To and from the PACING coast
and OIL the completion OF each twenty Mules
IrseE 20 receive NJ the rate Of sADB, sa-fiu0
S4S.e per mile. according 10 the dlngHlty
~ constructing the same. The are payable
thirty years from date Of issue; and are reg
Gstered in bonds OF $1,000, 5000, and SlOoJA.
All OF the Government Bonds are ISSUED
90 Coupon 90 OF d" Registered COupon bonds
can be changed into registered bonds, but reg
astered hOHuS caunotbe changed into Coupon
bonds are In denominations o. go,
.sIUU. 5000, and sl,Ulu. the registered bonds the
same. with addition Of s5,UuO and slO,UB.