Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-08
FINANCE N TRADE.
Re1emptlon Of National CURRENCY.

NEW REGULATIONS or THE TREASURY DE
P~ARrMEST.
The following regulations are adopted in
lieu Of al which havh been heretofore issued
by the Treasury Department in regard TO the
redemption OF United States currency:
CURRENCY.
Mutilated currency is redeemable by the
Treasurer OF the United States, at Washing
ton, u. C., and by no other officer.
UNITED STATES NOTES.
Notes presented for redemption, the abra-
sion or loss OF substance from which does not
exceed Wentieth OF their original pro-
portions, viii be redeemed as whole notes.
l. Fragments OF notes will not be redeemed
In full, except when proofs adduced by am
davtt thai the missing parts OF such notes
have been totally destroyed, and stating the
cause and manner of destruction. Less than
half Of a note is not redeemable at all, unless
accompanied by such affidavit when presented
by the holder. The character of the afiant
must be certified to be good by a magistrate
or other public officer.
> IN the absence of such affidavit, frag-
ments OF notes, exceeding by measurement
cne-half Of their original surface, will be re-
deemed IN their proportion 10 the whole note
reckoning as "a general rule by twentleths.
s. Mufilated notes which have been torn, no
mattel how much, but of which all the frag-
ments are returned, or defaced, no matter
how badly. so that il is certain they are gem
uine, viii be redeemed at their full face value
T. Fragments oflegal tender notes for which
less than the fulT value has been paid viii be
retained SIX months TO enable owners TO re-
turn 10 the Treasury missing parts Of such
notes and receive the amount previously
withheld such return should give the date
Of the letter from this office transmitting the
original remittance.
ISTEREsT-BEARTNG NOTES
The rules for the redemption of mutilated
United States notes are likewise applicable 10
mutilated Understanding notes.
Coupons Of two years i've per cent. Treas
ury notes separated from the notes OF which
they constituted a part, are Of no value eX-
cept when presented for redemption with the
notes TO which they belong. Coupons should
not be detached nom the nve per cent. notes
except by "a Government officer authorized 10
redeem them at maturity But TINS fegula-
ZION does not apply 10 coupon notes or bonds
other than nye per cent notes
FRACTIONAL CURRENCY.
Defaced Fractional notes, ii whole, are not
considered as mutilated when presented for
redemption, nor Is an evidently accidental
dlmIuutiUn reducing the note by not more
than oue-tenth.OI Its size regarded as a multi
alton.
4 Of a note will not be redeemed
unless DC shall be clearly evident that they
constitute One-half or more Of one original
aIed. vii be redeemed in proportion 10 the
lie nute, reckoning by nfths, except three
Is, which Will be reckOned by thirds
nations less Than one-tenth viii be
dis I'd, unless fraudulent; but any Hu-
tilutio.- ,FLtch destroys more than une-tenth
orrhe original note VIII reduce the redemp-
zion value ofthe note by one-nith its face
value, or liza three cent note, by one-thlrd OF
its original value.
be redeemed. unless such fragments conSti-
tuIe Iuny twO-thirds ofthe mole in its origi-
nai form.
T. AFFILIATED notes presented for redemption
must bs IN sums Of not less than three dollars
Af F.r LrHrHnaN TuNmA