The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1871-03-27
.FINANCIAL.s.ssg
TREASURY DEPARTMENT,

WASHINGTON, February rs, 1871.
| DUBLIo NOTICE Is hereby given, that books will
| i be opened on the sixth day of March next, in
this country and In Europe for subscriptions to the
| National Lean, under the Act approved July IA,
1870, entitled IAN Act to authorize the Rebuilding
| of the National Debt" and the Act in amendment
thereof, approved January 20, 1871.
The proposed loan compr.ses three classes of
Bonds namely:
FrRsT-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
10 coir, at the rate Of five par cent. per aDnum
SEoosD-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 hale cent per
anaum.
TzIsD-Bonds to the amount of seven hundred mill
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 cont 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
for twenty days, one half for subscribers in this
country and one-half for subscribers in foreign
countries.
sEcoND.- subscriptions for equal amounts of each
class Of bonds.
THIRD subscriptions for eqsAl 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 cont.
FOURTH subscriptions for any ise per cent.
bonds that may not be subscribed for in the pre-
ceding classes.
When subscription is made, the subscriber will
be required to deposit tive per cent. of the amount
theresf in coin currency of the United States,
in bonds Of the class to be exchanged, to be
counted for by the Government when the bonds
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 csin 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, 81 900, $50 600 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 depostary 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 well as from
taxation In any form by or under State, municipal or
local authority.
After maturity, the bonds last issued will be first
redeemed, by classes and numbers, as may be desg-
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. tta-
Subscribers in the United States will receive the
new bonds of the agents with whom the subscrip-
tions made.
In the United States, the National Banks are au-
thorzed 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 Depositaries at Buffalo, N T.. Chca-
go, Ill, Cincinnati, Ohio, Louisville, Ky, Mobile,
Ala, and Pittsburg Pa.
The following banking houses are also authorized
{, act as agents in receiving subscriptions In
NEW YORK CITY:
Austin Baldwin d Co. Leonard, sheldon Foster
Baker & Kitchen. Maitland. Phelps 4 Co.
A Belmont Co. Marx Co.
Blake others 6 Co. Morton, Bliss Co.
Brown Brothers 4 Co. NJ Myers Co.
Bulge, Schiff & Co. George 0pdyke Co.
Cecil, Stout Thayer. Randolph Co.
John Cisco Son. Reid, Leo Content.
Clark, Dodge Co. Security Bank,
Henry Clews q Co. J and W seligman Co.
Jay Cooke & Co. Soutter Co.
Dabney, Morgan Co. Howard Sweetar 4 Co.
Thomas Denny Co. Moses Taylor & Co.
Drexel, Winthrop 4 Go. Trevor Colgate.
Duncan, Sherman 60. Turner Brothers.
Fisk Hatch. Union Trust Company.
Frank Cans. Van schaick Co.
Gibson, Casanova & Co. Vsrmilye 4 Co.
Qlendnning, Davis & Won Hoffman Co.,
Amory. Wells. Fargo & Co.
Hatch & Foote. Winslow, Lanisr 4 Co.
Hatch Son. Chase HiggiDson.
Edward Haght Kuhn, Loeb Il Co.
Fl A Heisers Sons. Lloyd Hamilton Co.
Howes 4 Macy Fielding Bailey.
James Kings Sons. Baltzer Toaks.
Kountze Brothers.
WASHINGTON, D. o.
Jay Cooke & Co. Middleton & Co.
FAINT, Washington Co. Riggs Co.
GEO. s. BOUTWELL,,
NH 27-d6t&w4t Secretary of the Treasury.