The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1871-04-15
oaARrNREp BY CONGRESS MARoH, 1858.
TREASURY DEPARTMENT,

WASHINGTON, February ", 1871.
DUBLIC NOTICE 10 hereby given, that books will
| i DO opal ned on the sixth day of March next, in
this country and in Europe for subscriptions to the
National Loan under the Act approved July Ia,
of the National Debt" aud the Act in amendment
thereof, approved January 20, 1871.
The 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 coin, at the rate of five per cent. per apnum.
SEooND-Bonds to the amount of three hundred
millions of dollars payable in coin, ct the pleasure
of the United States after fifteen years from the date
of their issue, and bearing interest," payable quarter
y in CON- at the rate Of four and hall per cent per
annum.
lions of dollars payable in con 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 rate of four per cent. per annum
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 tho amount of two hundred
millions of dollars of which there will be reserved
for twenty days, one half Tor subscribers in this
country and one-half for subscribers in foreign
countries.
SEooND.-Subscrption for equal amounts of each
class of bonds.
TRIRD-subscriptions for equal amounts of bonds
bearing interest ut the rate OF four and half per
CONT and of bonds bearing interest at the rate of
five per cent.
FOURTH subscriptions for any fise per cent.
bonds that may not be subscribed for in the pre-
ceding classes
When a 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 and payment may be made either in coin
In bonds of the United States known as FIVE
TWENTY BONDS at their par value.
The com received iii 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. may be desired by subscribers. Registered
bonds will be issued OF the denominations of $50,
500, $500, 81 600, 900 and $1,000 and coupon
bonds 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 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, are exempt from the pay ment of
all taxes dues of the United States, well
taxation in any form by under State, municipal or
local authority.
After maturity, the bonds last issued will be first
redeemed, by classes and numbers 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 negotiation 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 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. Y Chica-
go, ILL.,, Cincinnati Ohio, Louisville, KY, Mobile,
Ala and Pittsburg, Pa.
The following banking houses also authorized
to act as agents in receiving subscriptions, in
NEW YORK CITY:
Austin Baldwin l. Co. Leonard Sheldon & Foster
Baker d Kitchen. Maitland. Phelps n Co.
A Belmont Co. Marx & Co.
Blake Brothers & Co. Morton, Bliss Il Co.
Brown Brothers Co. M Myers & Co.
Bulge Schif Co. George Opdyke Co.
Cecil Stout Thayer. d Randolph & Co.
John Cisco Son. Reid, Leo & Content.
Clark, Dodge Co. Security Bank,
Henry Clews Co. and w Seligman G. Co.
Jay Cooke Co. Soutter Co.
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 Schack & Co.
Gibson, Casanova & Co. Vermilye Co.
GIendinning, Davis & L Won Hoffman & Co.
Amory. Wells, Fargo & Co.
Hatch Il Foote. Wnslow, Lanier Co.
w Hatch Son Chase 4 Higgnson.
Edward Haight. Kuhn, Loeb d Co.
II Heser's Sons. Lloyd Hamilton Co.
Howes Macy. Fielding Bailey.
James Kings Sons. Baltzer & Toaks.
Kountze Brothers.
WASHINGTON, D. o.
Jay Cooke Co. Middleton & Go.
FAINT, Washington Co. Riggs Co.
GEO s. BOUTWELL,,
NH 27--d6t&w4t Secretary of the Treasury.