New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-05-20

ii attendance. OF attendance by proxy at tne
P .v 70 draw and receipt for the Interest VIII
s;arensed with, ,rheperer The check Of the C"''ea
~. Doosurer. mailed puncuaIIy to the address ana
Of each holder on or before erey qadrter-ddy
'e.vs5 10 sneh attendance This check, payable III
"a Coin at the Treasury in New-York Tor sucn
- Office as the stock is registered att VIII DC Nc
.a,;oblo OF collectable on the Endorsement Oh tne
,,,or or owners of the Stock. In pursuance VI 'li
..-oDoement the subscribers TO or purchasers oi'
,bo stock in its registered form (which is COM
nrotection against theft or other LOSSES -
dent 70 Coupon Bonds payable to bearer alo
90 give their Postofice address in full ana ~ Is
Of any change in the address between arnl;ed
The whole proceeds Of the new loan VIII v ~ of
40 the navment or redemption and caD'' ,S;.io, IN
the 500 wears six ~ cent bonds ana J" edrced nv
these proceeds, the 5-2Os are now peins ontb
nnrohaSe al the rate of S1O,OO'OoO POI NJ Loan in
tito eject therefore. of the Ne" Ho"" -
connection with the existing SinKins - ard In
Of the Treasury. is to reduce botn 80 Sto+os The
torest of the Public Debt OF tine S,ocls
Toon creates no additional supply ~ aov;o1
1b;lo The applicaton of the SUI i' -
in Gold from Customs is ooi''- .'a.t no F'ndod
hes been doing for two ye'11 1 go WV
Mas poe" six ~ cent Gold Interest.
stocks oea L. schedule of the Public Debt, which
Inc Isl % o. nublished by the Secretary of the
has just phnyrs n reduction in these Stocks since
Treasury cbedne Of S12,2l5 400, and further less
the yearly 9 Gfp yeagy charge in
g w ali QS2 O34 In the same month the Treasury
naid and Cancelled S2,4'OQOO OF the Three + Cent
Snrrency debt reducing the whole OF tins debt bear
@ interest 10 S5l G2S0O0, and the yearly interest
charge thereon 10 Sl53'4O.
Tbs nroposed further reduction of the annual In
,erest Charge upon the Public Debt by refundiDg is
a. exchange Of s5ooOOOOOO United States six
per cents FOR new hye per cents OF ISL
per cents for four aud half per cents OF 1886 40VO
BY exchange of s7Oo0O0Ooo United states SIX mn oo
Nor cents for four per cents of HOOOo
Total saving per annum by refundng. 81, 100000
The large and rapid accumulation In the last lew
years OF PTlSat eapiSaai S and ife InsHrance
nTsmnms deposited with or intrusted to the Proyi
aent institutions of the cOuntry-all seeking the
most undOubted security, pledged to be kept iee Oh
all taxes under national or local authority ana con
tent provided this object be assured with moderate
rates of interest-will no doubt ultimately absorb
SO much of these new stocks as may not be
taken in voluntary conversion OF United states oS
or marketed abroad \. I. NOVEL;
In charge of United States Loan Advertising.
Treasury ONCE New-York. May q 1871.
TREASURY DEPARTMENT, LOAN DIVISION, May TO- ISL
II has been determined by the Department TO pay
the interest the registered stock OF the new Loan
(acts July H. 1870 and JAN 20 1871 by check, to the
order of the party IN whose name tne st9ck rSgs
the address of the holder when furnlshed other
wise it will be sent TO the care of the Assistant
Treasurer depository where the interest Is TO be
paid. -.
10 transmit these checks by mall that all parties
Subscribing TO the new Loan, or having transfers
made to Them will furnish their correct pos-otice
address and ddrSe the Department Of any change, al
last ffeeH days before interest days.
Durng the fifteen days Immediately preceding the
interest DAYS. Feb. l. May ], Aug. l. and Nov. the
ansferbOoks viii be closed for the purpose OF pre-
narpr the checks If the stock is not presented for
previous to the closing, the interest Will be
declared to the person to whom the transferred GER
tifcate was issued, and the assignee must look to
that party for the accrued interest to which he may
De entitled.
The new certificate issued upon transfer OF stock
will hear interest from the first day of the quarter
wear i'm which such transfer is made, and VIII lnXa-
Jiably be returned to the party who forwarded the
assigned certificates by mall unless otherwise d.
IeCted. -, A. -
Checks issued in payment of interest will bear the
following Endorsement: This check is payable on
presentaton properly Endorsed, at the office OF the
Treasurer at Washington the Assistant Treasurer at
Boston. New-York Philadelphia Baltimore, Charles
TON Newt Orleans ST. Louis. San Francisco, or the
designated Depository at Buffalo, Chicago, Cincln-
natl Louisville Mobile or Pittsburgh
Sbould anv checks be returned TO the Department
as "rncaled for they will be held by the Treasurer
of the United States, subject to the order OF the
payee. OEo' o. oOi"HAi7 Se'io''A5'