The Portland daily press., 1871-03-30
SPECIAL NOTICES.
New Loan Of The United States.
IMPORTANT CIRCULAR.
SUBSCRIPTIONS NOW OPEN-CERTFInArss REAnv
TREASURY DEPARTMENT.,
Eo, 10Y

TREASURY DEPARPMELT,
WASHINGTON, Fen. 20, 1877,
Public notice is hereb, gwen that books will be
opened the 9th day March next in this country
and in Eurooe, Tor subscriptions 10 the National
Loan, under the act apprO ed July A. 1870, entitled
IAN Act to thorlze the Refundng OF the Nation
al Debt" and the act in amendment thereof approve
ed January 90, 1871.
The proposed loan comprises three classes of bonds
First. 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 data OF
their issue, and bearing interest payable quarterly in
'o az me R PaSe Of nve per cent per aInum
millions of dollars payable in coin, at the pleasure
Of the United States, alter fifteen years from the
date OF their issue, and bearing interest payable
quarterly in coin, at the rate of four and hal per
cent per annum.
millions OF dollars, payable in coin. at the pleasure
OF United States, aft thirty years from the date
ly in coin. at the rate of TOUR per cent per annum.
Subscriptions TO the loan will have preference in
the following order, namely:
i've per cent bonds to The amount of two hundred
millions OF dollars; of which there will be reserved
Tor twenty days, hall Tor subscribers in this conn
Try and one hall tor subscribers in foreign sountres
Second. Subscriptions for equal amounts of each
class III bonds,
bearing interest at the rate OF four and half per
cent, and OF bonds bearing interest at the rate OF
Fourth. Subscriptions for any five per cent bonds
that may not be subscribed ier in the preceding g
classes
When subscription is made the subscriber will
be required TO deposit two per cent. of the amount
thereof in coin or currency of the United States or
in bonds OF the class to be hanged to be account
delivered; and payment may be made either in coin
or in bonds OF the United States known as FIVE
TWENTY BONDS, at their par value.
The coin received in payment will be applied to
the REDEEM ptlon OF fve-twenty bonds, and the debt
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
Donds will be issued OF the denominations OF $50,
$lOQ. 5000. 81 900, 5000 and $40, 600; and coupon
bonds OF each mination except the last two
TIL interest will be payable in the United States at
or Designated Depository Of the Governme ut, quar-
terl' on the first days OF February, May, August
and November, in each year.
The bonds OF the several classes Aforesaid and the
iii crest thereon. exempt from the PAYMENT OF all
taxes or dues of the Uniled States as well as rom
taxation IN any 70 m by or under State. municipal or
After maturity the bonds last issued will be first
redeemed, by classes and numbers, as may be desig-
mated by the Secretary of tie Treasury
The bonds will be issued at the United States
treasury, but the agents tor the negotiation of the
loan IN Europe are authorized to make arrangements
with subscribers for the Transmission of Tie 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.
In the United States the National Banks are au-
tnorlzed to receive subscriptions and subscriptions
may also be made at the Office of the Treasurer of
me United States or Of any Assistant Treasurer or
me designated depositaries at Buffalo N. Y; Chi
ceago. H.; Cincinnati, Ohio; Louisville, KY: Mo-
bile, Ala and Pittsburg, Penn.
P. S.-This Department and its own Loan AGENTS
are now ready to receive the United States Five
twenty Bonds and to pay the gold interest thereon
to May l. from which 0aie the new bonds viii hear
interest. A scrip certificate, calling Tor the Bonds
on the LIST May will be issued at once in excban no
for the old Bonds. GEORGE S. BOUTWELL,
Secretary of Treasury.
Loan Agents i'm New England.
BOSTON. MASS.
Blake, Brothers, Kidder, Peabody & Co.
Brewster, Sweet q Co.. Lee, Higgnson & Co.
Beck Brothers. Page, Richardson a 70
Foote & French, Spencer, Villa q GO
H cad q Perkins, Stone & DoWner
H ubbard, Brothers & Co, Walker & Merriam.
Tower, Giddinss s. Torrey,
PM Blake, Bangor, Maine.
s. p. Burt, New Bedford, Mass
George r. Bissell & Co. Hartford, Conn
Elton Banking Company, Waterbury.
H. Bunnell, New Haven, 6.
L. S. Scranton 81 Co New Haven.
mar2o otooa