Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-29
FINANCE AND TRADE.
redemption Of National Currency.

hcAGHiHAtlB VI NdAlUudl CURRENCY,
NEW OF THE TREASURY DE
PARTNEST.
The following regulations are adopted In
lieu OF al which haVh been heretofore issued
Dy the Treasury Department in regard TO the
redemption OF United States currency:
~MUTTLATED CURRENCY.
Mutilated currency is redeemable by the
Treasurer Of the United States, at Washing
ton, ID. C., and by no other officer.
UNITED T. 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 OF notes will not be redeemed
in full, except when proofs adduced by afi-
dRY1t that 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 10 be good by a magistrate
or other public officer.
2 IN the absence OF such affidavit, frag-
ments OF notes, exceeding by measurement
one-half Of their original surface, will be re-
deemed In their proportion TO the whole note
reckoning as a general rule by twentieths.
. Mutilated notes which have been torn, no
matter how much, but Of which all the frag-
ments are returned, or deiaced- no matter
bow badly, 50 that IL is certain they are gen.
uine, Will be redeemed at their full face value
on presentation.
4 Fragments oflegal tender notes for which
less than the full value has been paid will be
retained six months TO enable owners TO re-
turn to the Treasury missing parts OF such
withheld. Such return should give the date
OF the letter from this Office transmitting the
original remittance.
INTEREsT-BEARING NOTES.
The rules for the redemption OF mutilated
United States notes are likewise applicable to
mutilRted interest-bearing notes.
Coupons vi years nve per cent. Treas
ury notes separated from the notes OF which
they constituted q part, are Of no value eX-
cent when presented for redemption with the
notes 10 which they belong. Coupons should
not be detached from the nFe per cent notes
except by a Government officer authorized TO
redeem them al maturity. But this regula-
ton does not apply 10 coupon notes or bonds
other than i've per cent notes
FRACTIONAL CURRENCY.
Defaced fractional notes, II whole, are not
considered ss mutilated when presented for
redemption, nor IS an evidently accidental
dimlrutlon reducing the note by not more
than one-tenth.of its size regarded as a multi
alton
unless Il shall be clearly evident that they
one-half or more OF one original
note; in which case a note, however multi
ated. i'll be redeemed in proportion TO the
whole note, reckoning by nIths, except three
cent notes, which VIII be reckOned by thirds.
. MuUilstiOns less than one-tenth will be
disrSgarded, unless uaudulenti but any mu-
tlstfon which destroys more than one-tenth
ofthe orig, ual note viii reduce the redemp-
ton value oftSe note by one-nith lts lace
value. or ia three cent note, by one-third OF
Its original value.
8. Fragments OF a threS cent note will not
be redeemed, unless such nSSments constr
tute Iully two-thirds OF the note n lA OFlsf
4 INUNDATED notes presented for redemption
must be in sums Of not less than three dollars
Of their original value.
UNITED STATES SECURITIES.
6s or 1851.
Dated 1861, and redeemable in twenty years
from January lst and July LIST OF that year.
Interest 6 per cent. IN gold, payable semi
annually, January lst, and July lsL These
onds were issued in three series:
Under Act Feb. 8, ISL dated vari-
GATED SoS. i5s, ssD---,. 100000
Under Act July II and Aug. 5, 1861,
in exchange Tor 7-SOs, (Nov. l6, -
Under ACT March 3. 1885, and prlnci-
pal made especially payable IN -
gold coin, (dslsd June Is, lsJD----. 75,O0,OO
5-2E OF 1862
Commonl termed old sos. Dated May !, /
1852. redeemable after nve years, and payable
tn twenty years from date. Interest D per
cent. in gold, payable LIST May and November.
Issued under Act Of Feb. ., Sj2---.S5lI,6l,bO
5-2s OF 1854.
DatAs Nov. !, 1854. Redeemable after five
and payaSle in w enty years. Interest 8 per
cent IN colo. payable LIST May and November:
Issued under Ac. Msrch3 1854, Qprin-
cipal specified as payable in gold &,Ss25O0
Issued under Act June 81 IS'7---'-' L2'0o4sSV
5-20s OF 1865.
Dated Nov. ], 1865. Redeema6le after five
and payable in twenty years. lnteTssto per
cent. in gold, payable lst May ana AoFen-
Der:
Issued under Act Of March 5, ls55~-slg.T,50
BIOS OF 1876.
Dated July ], 1855. Interest 6 per cent. in
gold, payable January and July, They are
redeemable in hve and payable in twenty
years.
Issued under Act OF March 3, 1865, in
exchange for 1905 converted, and
amount August !, 1865, to---...-.--SS32,SS,S5O
sos OF 1867.
Dated July lst, 1865. Interest 6 per cent. in
gold. DayRble January and July. They are
Tedesmabis in 5 and payable in 70 years.
Issued under Act Of March Sd, 1865,
in exchange for -3OcOnverted, and
amount August lst, 1865, O--~-sG2,S8,so 800
5-2s OF 1867.
Dated July st, 1867. Redeemable in 5 and
payable IL - years Interest 8 per cent. ia
gold, payable lst January and July.
Issued under Act March 81, 1855, in
exchange Ior 7-30 notes and am'nt
August lsL Ls5S, l,E5,SO
5-2s or lS6S.
Dated July Ist, IS6s. R~edeemable in 5years
and payable in % years. Interest 8 per cent.
ID gold, payable January and July LsL
uuder Act March Sd, 1866, IN
exchange for 80 notes, and am'nt
August lst, IS3S, to..-.-------.-----S S,NJ,WN
lO-4Bs.
Dated March LIST, 1854. Radeemable in l0and
PAYABLE in 40 years. Interest 5 per cent. IN
gold. payable lst OF March and September on
all registered bonds, and on all coupon bonds
Of the denomination Of 500 and $1,000 On
the SO and SlOO bonds interest is paid annu-
ally. March LIST.
Issued under Act Of March Sd, 1853,
and supplement March Sd, 1864,
principal payable in gold.-------SlS4,2l-5O
o. PACIFIC RAILROAD CURRENCY 6s.
DATED January I6, lS65, and variOusly there
afreF. These bonds are issued 10y the Govern
ment under Acts OF July LIST, ls52 and July 2,
IEJ4.GO companies fceivlng their charter nom
Congress, which gives Them the right 10 con-
,trnct railroads u and iron The Pacific coast,
on lie completion OF each twenty miles
u track 70 receive at the rate OF SbtDJi S5ZuU
1r e.. 900 per Eile, according 10 the dialculty
u constructing Lbe same. They are payable
.birfy years lrOm date OF issue; and are reg
stored in bonds Of sLDg, $500, and $1,000.
AL OF the Government Bonds are Issued
d Coupon OF " Registered" Coupon bonds
san be changed into registered Donds, but trey
I'd bonds cannot.be changed into Coupon.
Coupon bonds are in denominations OF so,
sleJ, 500. AID Sl,U00, the registered bonds the
with addition Of $3.50 and sl0,OO0.