New-York tribune., 1871-04-10
BANKING AND FINANCIAL.
New Loan OF UNITED STATES.


The subscriptions to the New Five Per Cent Stock
Of the United States now amount to 553,2jO,OO0.
They are confidently expected to reach S2000O0,GO0
by the time the New Bonds are ready for delivery in
May. The proposals of the Secretary OF the Treas
ury will then be changed to the following pro-
eTamme:
First: Bonds 70 the amount Of three 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 annum.
Second: 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
quarterly in con at the rate OF fOur and nan per
cent per annum. .,
Third: Bonds to the amount Of seven hundred NIL
lions of dollars payable in COIN at 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 viii have preference,
after the aforementioned two hundred millions are
taken up, in the following order, namely:
Firsf: Subscriptions fOr equal amounts OF each
class Of bonds.
Scc5nd: Subscriptions for equal amounts OF bonds
bearing interest at the rate Of four and half per
cent and of bonds bearing interest at the rate Oh
five per cent
TIbd: Subscriptions for any five per cent bonds
that may not be subscribed for ia the preceding
classes. -,...,.o.,oo
Subscriptions to the remainder of the S2O0,O0OoO
Of per cents, which are unconditional, are no"
going on and the bonds will soon be issued TO tHe
subscribers who receive scrip ceitIhcate ID au-
vance if they desire to pay their gold or exchange
their l. s. 520s at once in the Registered or Coupon
IL ,ri1 Ia. n
nominations of $50 S1CO, $3.50, $1,000, $1,000, and
sIOOo0. and coupon bonds of each denomination
evccpt the last two The interest will be payable in
tbe United States at the Office of the Treasurer any
| Assistant Treasurer or Designated Depository OF
the Government quarterly on the first days OF FEB
| ruary May August, and November in each year.
The bonds Of the several classes aforesaid and the
interest thereon are exempt from the payment OF al
taxes or dues Of the United States, as well as from
taxation in any form by under State municipal or
local authority.
After maturity, the bonds last issued viii be first
redeemed by classes and numbers, az may be Gesig-
mated by the Secretary Of The Treasury.
Extensive subscriptions have already been made
through the following New-York City banks and
| bankers:
FIRST N,TroNAL or NEw-YoRK, 10. I 20 Broadway.
FoURTu NAI1o,;AL OFNEw-YORK, Pine and Na5laG
| Nessis. JAY COOKE ~ Co, W All anu Ns5odu-o'7'
Messrs. FISK & HATCH, No. Nassau-st.
Messrs. HENRY CLEws s. Co., No. 81 WalIst.
Messrs. YERNHYE, No. 10 and 10 Nassau-st.
Mes,rs. WIYsIow, LANIER & Co., Pine near
Nassau.
Messrs. J. & W. SEuGHiN & Co.. Broad and Ex-
chGngc-place.
Mes5rs. MORTON, Bliss St Co., No. 80 Broa@-st.
| Messrs. BALTZER 81 TAAKs No. 80 Exchang c-piace.
| Messrs. GLENDENNING Il CO., No II Wall-st
| Messrs. CLARK, DODGE 6 Co., Wall and William
Messrs. DRExEI, WINTHROP & Co., No. IS Wall-st.
MessTs MARX d Co., No. Is Wa-st.
Messrs GEORGE OPDYKE & Co, Nassau and Cedar.
NATIONiL CURRENCY BANK, Wall and Broadway.
Messrs. f. scHUCnARDr 81 Sons, 40 Exchange
place.
Mesls TURNER BRoTHERs, II Nassau.
Messrs. SoUrTER & Co, William and Pine.
And by the Hon. THOMAS HLLHoUsE, Assistant
Treasurer Of the L. s.. at Treasury Office.