The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1871-04-13
TREASURY DEpARTaEN y,

WARRINGTON, f6Druafy 20, 1911.
DUBLIC NOTICE ia hereby given, that books will
l. be optnei 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 IAN Act to authorize the Refu1ding
of the National Debt" and the Act in amendment
thereof, approved January 90 1871.
The proposed loan comprises three classes of
Bonds, namely:
FIRsT-Bonds to the amount of FIVE hundred mil
lions of dollars payable in coin, at the pleasure of
the United States, after years from the date of
their issue, bearing interest," payable quarterly
in coin, at the rate of i've per 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 date
of their issue, and bearing interest," payable quarter
y in coin at the rate of four and hal per cent per
annum.
THrpD-Bonds to the amount of seven hundred mil
lions of dollars payable in coin the pleasure of
the United States after thirty years from the date of
their issue, and bearing interest, payable quarterly
In coin at the rate of four per cent. per annum.
Subscriptions to the loan will have preference in
the following order, namely:
FIRsT.-Subscrptions 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.
subscriptions for equal amounts of each
class of bonds.
TBIRD.-subscriptons for equsl amounts of bonds
bearing interest at the rate of four and half per
cent, and of bonds bearing interest at the rate of
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 ceposit two per cent. OF the amount
theresa in coin currency of the United States
in bonds of the class to be exchanged, to DO ac-
counted for by the Government when the bonds are
delyeIed and payment may be made either iu coin
in bonds of the United States known FIVE
TWENTY BONDS at their par value.
The coin received in payment will be applied to
the redemption Of five 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
bonds will be issued OF the denominations of $50,
$780, $500, 81 600, IS 900 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
designated depository of the government, quarter
ly, on the first days of February, May, August and
November, in each year.
The bonds Of the several classes aforesaid and the
interest thereon, are exempt from the payment OF
all taxes or dues of the United States as well as from
taxation in any form by under State, municipal or
local authority.
After ma, urity the bonds last issued will be first
redeemed by classes and numbers, as may be desig
mated by the secretary of tho treasury.
The bonds will be issued at the United States
treasury, but the agents for the ne gotaton of the
loan in Europe authorized to make 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 ponuS Oh Inc dSeHts WIN whom ine supsSfip-
tons are made.
In the United States, the National Banks au-
thorzed to receive subscriptions and ipticns
may also be made at the ofhco of the Treasurer of
the Unite States, of any Assistant Treasurer. or
the Designated Depositaries at Buffalo, n Chica-
go, ILL.,, Cincinnati, Ohio Louisville, Ky, Mobile,
Ala, AMI Pittsburg, Pa.
The following banking houses are also authorized
to act as agents in receiving subscriptions, in
NEW YORK CITY:
Austin Baldwin Co. Leonard, Sheldon Foster
Baker Kitchen. Maitland, Phelps Co.
A Belmont d Co. Marx & Co.
Blake Brothers Co. Morton, Bliss Co.
Brown Brothers a Co. M Myers Co..
Bulge, Schff Co. George Qpdy ke Co.
Cecil, Stout Vhayer. ID Randolph 60.
John j Cisco Son. Reid, Leo Content.
Clark, Dodge 90. Security Bank.
Henry Clews Go. and Segman 4 Co.
Jay Cooke Il Co. Soutter a Go.
Dabney, Morgan Co. Edward Sweeter Co.
Thomas Denny Co. Moses Taylor & Co.
Drexel, Winthrop Co. Trevor Colgate.
Duncan, Sherman & Go. Turner Brothers.
Fisk Hatch. Union Trust Company.
Frank & Cans. Van schalc & Co.
Gibson, Casanova & Co. Nermllye Co
ciendinning Davis l. Won Hoffman & %.
Amory Wells Fargo Co.
Hatch 4 Foote. Wnslow, Lanier Co.
w Hatch Son. Chase u Higginson.
EdV ard Haight. Kuhn, Loeb Co.
II Heiser's Sons Lloyd Hamilton Co.
Hoyes q Macy. Fielding Bailey.
James Kings Sons. Baltger a Toaks.
Kountze Brothers
WASHINGTON, D. G.
jaw Cooke & Co Middleton & Co.
Fant, Washington Co. Riggs Co.
GEO. 8. BOUTWELL,,
NH 27--d6t&wst Secretary of the Treasury.