New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-03-08
NEW LOAN OF THE UNITED sTATEs-MPORTANT
CIRCULAR.

NEW LOAN or THE UNITED sTATEs-IMPORTANr
CIRCULAR
TREASURY DEPARTMENT, WASHINGTON, Feb. 2s, 1871.
Public notice is hereby given that books will
be opened on the sixth day OF March next in this country
and in Europe for subscriptions to the National Loan,
under the act approved July H. $780, entitled An Act 10
authorize the Refmding of the National Debt and the
Act in amendment thereof approved January 90 ISL
The proposed loan comprises three classes Of Bonds,
namely:
First BONDS TO the amount Of five hundred millions of
dollars payable in coin, at the pleasure OF the united
States after ten years from the date of their ISSUE and
bearing interest payable quarterly IN coin, at the rate OF
five per cent per annum.
Second: Bonds the amount Of three hundred million
dollars payable in coin, at the pleasure OF the United
States after years from the date OF their ISSUE and
bearing interest, payable quarterly in coin, at the rate
OF ~ per cent per annun
Third: Bonds to the amount Of seven hundred
million dollars payable in coin, at the pleasure Of the
United States after 80 years from the date OF their ISSUE
and bearing interest payable quarterly in CON- at the
rate OF per cent per ainum.
subscriptions the loan Will have preference In the
following order namely:
First Subscriptions that may be first made for I'VE per
cent bonds TO the amount OF two hundred millions OF DOL
lars Of which there will be reserved for twenty days
onehaf for subscribers in this country and oneha for
subscribers in foreign countries.
Second: Subscriptions for equal amounts OF each class
OF bonds.
Third Subscriptions for equal amounts OF bonds bear
ing interest the rate Of four and half per cent and
Of bonds bearing interest at the rate OF ge per cent
Fourth Subscriptions for any five per cent bonds that
may not be subscribed for in the preceding classes
When a subscription is made, the subscriber will be
required deposit two per cent OF the amount thereof
in coin or currency the United States or in bonds Of
the class to be exchanged TO be accounted for by the
Government when the bonds are delivered and pay
To- IL. 81 sI,a
United States known FvE-TwkSTY BONDS, at their
par value
The coin received in payment win be applied to the
redemption of FiveTwenty bonds and the debt OF the
United states Will not be increased by this loan.
The bonds will be registered issued with coupons, az
may be desired by subscribers Registered bonds will be
issued Of the denominations Of $50 $780, $780, oc 5000
and goo and coupon bonds Of each denomination ex
ccp the last two. The interest will be payable in the
United States, at the Office Of the Treasurer, any
Assistant Treasurer, Designated Depository Of the
Government, quarterly, the first days Of February
May, August, and November, IN each year.
Tie bonds OF the several classes aforesaid and the in
eres thereon exempt from the payment Of all taxes
dues OF the United States, well from taxation in
any form by or under state municipal local authority
After maturity the bonds last issued will he first
deemed by classes and numbers as may be designated
by the Secretary Of the Treasury.
The bonds win be issued at the United States Treasury
but the agents Tor the negotiation OF the loan in Europe
are authorized make arrangements with subscribers
for the transmission OF the bonds 10 the agents through
whom subscriptions may be received.
Subscribers In the United States will receive the
bonds OF the agents with whom the subscriptions
made
In the United States, the National Banks author
lied to receive subscriptions, and subscriptions may also
be made at the Office Of the Treasurer Of the United
states Of any Assistant Treasurer, the Designated
Repositories at Buffalo, n. Y, Chicago, Ill, Cincinnati,
Ohio, Louisville KY, Mobile Ala, and Pittsburgh, Pa
The following bankngh houses are also authorized 10
act agents in receiving subscriptions in the United
States, viz:
NETWORK CITY.
Auslin. Baldwin Co., Baker Kscben Batter S-Tssss A.
Belmont Co., Blake Brothers Co.. Brown Boh'r' Co,
Badge schiS Co.. Cecil Thsye, Chase Lgrfnson.
John J. Cisco Son, Cark, Dodge Co, Heuy CsWs TO-.
Jay Cooke Co.. Dabrey, Morgan Co. Thomas hHHy Co,
Jarea O. Kings sons, Kolnie Iruhen, Leonard Sheldon
For Maitland Phelps Co. Man Co, Morton, Bliss Co. T.
~ Myers George opdyke Co.. p D. Randolph Co, Red,
Leo Content seeunt Bank and W selehaR Co Sous Co,
DIcl WiHthrup Co, Dunezn Sherman Co.. nsk Hatch,
Frpnk Cans Gh-o Co. Genihhhg Davis Amor,
Hatch Fooe W. Hsicb Sou Biwar lIsisht H. A. Heiser'
soas oWes Mae Kuh Lob Co, ElwArl Sweet Co. Noses
Taylor Co.. Trevor Colgate. Tuner BeIhes uuOn Trust Goa