The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1871-03-28
FINAncrAL.
TREASURY DEPARTMENT.,


| DUBLto NOTICE Is hereby given, that books viii
| L 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 IL,
1870, entitled San Act to authorize the Refusdine
| of the National Debt" and tho Act In amendment
| thereof, approved January 20, 1871.
Tho proposed loan comprises three classes Of
Bonds namely.
FIRsr-Bonds TO the amount Of five hundred mil
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 cor, at the rate of five per cent. per annum.
sEconD--Bonds to the amount of three hundred
millions Of dollars, payable in con at the pleasure
the United States after fifteen years from the date
Of their issue, and bearing interest," payable quarter
ly in COIN at the rate of four ana hall per per
annum.
THiaD-Bonds to the amount of seven hundred mil
lions of dollars, payable in coin, at the pleasure Of
the United States alter thirty years from the date Of
their issue, and bearing interest, payable quarterly
in coin, at the ratio Of four per cent. per snnum.
Subscriptions to the loan will have preference In
the following order, namely
First subscriptions that may be frst made for
five per cent. bonds to the amount of two hundred
millions OF dollars; of which there I'LL be reserved
for twenty days, one half for subscribers in this
coustry and one-half for subscribers in foreign
countries.
SECOND Subscriptions for equal amounts of each
cla5s Of bonds.
THIRD.--subscriptlons for equal amounts of bonds
bearing interest at the rate of four aud half per
cent and of bonds bearing interest at the rate of
i've per cent.
FOURTH subscriptions for any five per cent
bonds that may not be subscribed for in tho pre-
ceding classes.
When subscription is made, the subscriber will
be required to deposit two per cent. OF the amount
thereof in coin currency OF tho United States
In bonds of the class to be exchanged, to be &C,
counted for by the Government whom the bonds are
deliveie (; and payment may be made either in coin
or in bonds of the United States known as FIVE
TWENTY BONDS at their par vatuo.
The coin received in payment will be applied to
the redemption OF five twenty bonds, and the debt
of tho 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 tho denominations of $50,
$780, $500, 81 900, IS, GOO and $4,000 and coupon
bends of each denomination except the last two
The interest will be payable in the United States. at
the office of the treasurer, any assistant treasurer,
or designated depositary of the government quarter
", on the first days of February, May, August and
November. In each year.
The bonds of the several classes aforesaid and the
interest thereon, exempt from the payment of
all taxes dues Of the United States as we'll 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 aud numbers, may be desjg-
mated by the secretary of the treasury.
The bonds will be issued at the United States
treasury but the agents for the negotiation of the
loan in Europe authorized to mako arrangements
with subscribers for the transmission of the bonds
to the agents through whom subscriptions may be
received.
Subscribers In the United States will receive the
new bonds of the agents with whom the subscrip-
items are made. fN
thorzed to receive subscriptions, and subscriptions
may also be made at tho Office of the Treasurer of
the United States, of any Assistant Treasurer,
the Designated Depositaries at Buffalo, n. Y Chiea
go, ILL.,, Cincinnati, Ohio, Louisville, Ky, Mobile,
Ala, and Pittsburg, Pa.
The following banking houses are also authorized
to act as agents in receiving subscriptions, in
NM xrpv 1yru