The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1871-04-24
TREASURY DEPARTMENT,

W AbhlNGTON, r6DruAry 20, 1871.
DUBLIC NOTICE is hereby given, that books will
be opened on the sixth day of March next in
this country and in Europe for subscriptions to the
National Lean, unser the Act approved July Ia.
1870, entitled IAN Act to authorize the Refus ding
of the National Debt" and the Act in amendment
thereof, approved January 20, 1871.
the proposed loan comprises three classes of
Bonds namely:
. FIssT-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 coin, at the rate Of Ave par cent. per annum.
SEooND-Bonds to the amount of three hundred
of 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 and hal per cent per
annum.
THrsD-Bonds to the amount of seven hundred mil
lions Of dollars payable In CON- the pleasure of
the United States alter thirty years from the date
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:
FiRsr.-subscriptions that may be first made for
nve per cent. bonds to the amount of two hundred
millions Of dollars; of which there win be reserved
Tor twenty days, one half for subscribers in this
country and one-half for subscribers in foreign
sEcoND.-subscription for equal amounts of each
class of bonds
TRnD.-subscriptions for equal amounts of bonds
bearing interest at the rata Of four and half per
cent and OF bonds bearing interest at the rate of
five per cent -lr -
FouRrH--subscription for any Ave per cent.
bonds that may not be subscribed fer in the pre-
csdpg 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
In bonds of the class to be exchanged, to be &C.
counted for by the Government when the bonds are
delivered end 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 redemption of five twenty bonds, and the debt
ifad In fnrr Ad 80
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, 81 900, IS 600 and Sic 900 and coupon
bends of each denomination except the last two
The interest will be payable in the United States. at
designated depostsry 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 dues of the United States well from
taxation in any form by or under State, municipal
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 Stateh
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 bonds of the agents with whom the subscrip-
lions are made.
: In the United States, the National Banks are au,
thorized to receive subscriptions and subscriptions
may also be made at the Office of the Treasurer of
the United States, of any Assistant Treasurer or
the Designated Depositares at Buffalo, N u, Chca-
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
NEW YORK CITY:
Austin Baldwin 4 Co. Leonard, Sheldon 4 Foster
Baker Kitchen. Mait'and. Phelps a Co.
belmont Co. Marx 4 Co.
Blake Brothers & 90. Morton, Bliss 4 Co.
Brown Brothers q Co. NJ Myers q Co.
Bulge schiff Co. George 0pdyke 4 Co.
Cecil, Stout Thayer. E Randolph Co.
John Cisco 4 Son. Reid, Leo Content.
Clark, Dodge Co. Security Bank.
Henry Ciews Co. and Seligman Co.
Jay Cooke Go. Souttsr q Co.
Dabpey, Morgan & Co. Edward Sweetar a Co.
Thomas Denny Co. Moses Taylor 90.
Drexel, Winthrop Co. Trevor Il Colgate.
Duncan, Sherman 90. Turner Brothers.
Flax Hatch. Union Trust Company.
Frank Cans. Van schaick & Co.
Gibson, Casanova Co. Vermilye & Co.
elendinning, Davis l. Won Hoffman Co.
Amory Wells. Fargo & Co.
Hatch Foote Winslow, Lanier 4 Co.
W I Hatch son. Chase Higginson.
WASHINGTON, D. O.
Jay Cooke 4 Co. Middleton Go.
Rant, Washington Co. SRiggs Co.
GEO. s. BOUTWELL,,
NH H-d6tawzt Secretary Of the Treasury.