The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1871-04-03
FINANCIAL.
TREASURY DEPARTMENT,
M EaInua.s. og 1GE


DUBLIC NOTICE Is hereby given, that books will
il be opened on the sixth day OF March next, In
this country and in Europe for subscriptions to the
National Loan, unser the Act approved July IA,
1870 entitled "An Act to authorize the Reiusding
OF the National Debt" and the Act in amendment
thereof, approved January 20, ISL
The proposed loan comprises three classes OF
Bonds, namely: a.
FIasr-Bonas to the amount of Eve hundred mill
lions 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 par cent per annum. =,
SEooND-Bonds to the amount OF three hundred
millions Of dollars, payable In coin, at the pleasure
of the United States after fifteen years from the GATE
of their issue, and bearing interest," payable quarter
ly in COIN at the rate Of four and half per cent per
annum. =,
THIBD-Bonds to the amount of seven hundred mil.
lions of dollars payable in coin, at the pleasure OF
the United States after thirty years from the date OF
their issue, and bsaring interest, payable quarterly
in coin, at the rate Of four per cent. per annom
Subscriptions to the loan will have preference In
the following order, namely:
FIRST. subscriptions that may be first made for
five per cent. bonds to the amount OF Two hundred
millions of dollars; Of which there will be reserved
for twenty days. one half for subscribers in this
country and one-half for subscribers IN foreign
countries. ~. M aa
SECOND Subscriptions for equal amounts of each
THIRD -Subsoriptions for equal amounts of bonds
bearing interest at the rate of four and half per
cont, and of bonds bearing interest at the rate OF
FouRTH-Su5scriptlon for any five per cent.
bonds that may not be subscribed for in the pre-
ceding classes.
When subscription is made, the subscriber will
be required to deposit tive per cent of the amount
thereof in coin or currency of the United States or
in bonds of the class to ba exchanged to be &C.
counted for by the Government when the bonds are
delivered and payment may be made either in coin
or in bonds Of the United States known a5 FIVE
TWENTY BONDS at their par value.
The coin received In payment viii be applied to
tba rndap ,pft IF fiVa tyva
of the United States will not be increased by this
loan.
The bonds will be registered or issued with cou-
pons, as may be desired by subscribers Registered
bonds will be issued of the denominations of $50,
500, $780, 81 ,000 5000 and $4,000; and coupon
bonds of each denomination except tho last two
The interest will be payable in the United States at
the office of the treasurer, any assistant treasurer,
designated depositary of the government quarter
ly, on the first days Of February, May, August and
November in each year. 0sl
The bonds of tho several classes aforesaid and the
interest thereon, are exempt from the payment Of
all taxes dues of the United States as well as from
taxation in any form by or under State, municipal or
local authority.
After maturity, the bonds last issued will be first
redeemed, by classes and numbers, as may be desig
mated by the secretary OF the treasury,
The bonds will be issued at the United States
treasury but the agents for the gotiation of the
lonn in Europe authorized to make arrangements
with subscribers for the transmission of the bonds
to the agents through whom subscriptions may be
received. .l sr+
Subscribers in the United States will receive tho
new bonds of the agents with whom the subscrp- |
tions are made.
In the United States, the National Banks are aus
thorized TO receive subscriptions, and subscriptions
may also be made at the Office of the Treasurer or
the United States of any Assistant Treasurer. or
the Designated Depositares at Buffalo, N. Y Chica
go, ILL.,, Cincinnati, Ohio, Louisville, KY, Mobile,
Ala and Pittsburg, Pa. lea.
The following banking houses are also authorized
to act as agents in receiving subscriptions, In
aMe ..e NEW YORK CITY:
Austin Baldwin & Co. Leonard Sheldon & Foster
Baker & Kitchen. Maitland, Phelps Co.
A Belmont Co. Marx q Co. |
Blake Brothers & Co. Morton, Bliss Co.
Brown Brothers Co. M Myers & Co.
Bulge, Schiff & Co. George Opdyke & Co.
Cecil, Stout Thayer. Randolph Co.
J ohm J Cisco & son. Reid, Leo Content.
Clark, Dodge & Co. Security Bank,
Henry Clews & Co. and W Seligman Co.
Jay Cooke Co. Soutter Co. 1
Dabney Morgan & Co. Edward Sweeter Co.
Thomas Denny & Co. Moses Taylor & Co.
Drexel, Winthrop & Co. Trevor 4 Colgate.
Duncan, Sherman 90. Turner Brothers.
Fisk 4 Hatch. Union Trust Company.
Frank Cans. Van echaick Co.
Gibson, Casanova s. Co. vermilye & Co.
plendinning, Davis Won Hoffman Co.
Amory. "a Wells, Fargo & Co.
Hatch & Foote. Winslow, Lanier & Co.
w Hatch & Son. Chase q HiggiDson
Edward Haight. Kuhn, Loeb Co.
Fl A IIeiser's Sons Lloyd Hamilton & Co.
Howe5 & Macy. Fielding Bailey.
James Kings Sons. Baltzer Toaks.
kouBtZe Brothers.
WASHINGTON, D. G.
Jay Cooke & Co. Middleton 4 Go.
FAINT, Washington Co. Riggs Co.
GEO. s. BOUTWELL,,
NH 27-d6t&wit Secretary of the Treasury