The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1871-03-29
FINANCIAL.
TREASURY DEPARTMENT.,
WAauINnrnM EAlArnnru u llTI

WAshlNGToN, feOruafy 40, lbII.
DUBLIC NOTICE is hereby given, that books will
Il be opened on the sixth day of March next II
this country and In Europe for subscriptions to th
National Loan, under the Act approved July Ia
1870, entitled "An Act to authorize the Refundinl
OF the National Debt" and the Act ia amendment
| thereof, approved January 20, 1871.
The proposed loan comprises three classes o
| Bonds, namely
FIasr-Bonds to the amount of Ave hundred mil
lions Of dollars payable in coin, at the pleasure
the United States, after ten years from the date Of
their ISSUE and bearing interest, payable quarterly
In coin, at tie rate Of five 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 data
y in coin at the rate of four and hall per cent per
annnm.
THnD-Bonds to the amount of seven hundred mil
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 will have preference in
the following order, namely:
FIRST subscriptions that may be frst made for
Ave per cent. bonds to the amount of two hundred
millions OF jolars of which there will be reserved
for twenty days. one half for subscribers in this
coustry aud one-half for subscribers in foreign
countries.
sEcoNp-subscripton for equal amounts of each
class of bonds.
TnIRD.-srbscriptious for equal amounts Of bonds
bearing interest at tho rate of four aud half per
cent? and of bonds bearing interest at the rate of
nve per cent.
FOURTH Subscriptions for any fl re per cent.
bonds that may not DO subscribed for in the pre-
ceding classes
When a subscription is made, the subscriber will
be required to deposit two per cont OF the amount
thereof in coin currency of the United States, or
in bonds Of the class to be exchanged, to be &C.
counted for by tho Government when the bonds are
delivered and payment may be made either ia 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
of the United States will not be increased by this
lean.
The bonds will be registered issued with cou-
pons as may be desired by subscribers. Registered
bonds will be issued Of the denominations of $50,
$780, $500, 81 900, So 900 and $4,000 and coupon
bends of each denomination except the last two
The interest will be payable in the United States, ct
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, 10 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 as well fro
taxation in any form by under State, municipal
local authority.
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 States
treasury but the agents for the negotiation of the
losnin Europe are 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-
tions arc made.
In the United States the National Bsnts au-
thorzed receive subscriptions, and subscriptions
may also be made at the office of the Treasurer OF
tho Un'ed States, or OF any Assistant Treasurer Or
the Designated Depositaries at Buffalo, N T., Chica-
go, ILL.,, Cincinnati, 0hio Louisville, Ky, Mobile,
Ala. end Pittsbu-g, Pa. tA
The following banking houses are also authorized
I, act as agents in receiving subscriptions, In
NEW YORK CITY:
Austin Baldwin Co. Leonard, Sheldon Foster
Baker & Kitchen. Maitland. Phelps Il Co.
Belmont 4 90. Marx Co.
Blake Brothers Co.. Morton, Bliss Co.
Brown Brothers & Co. PM Myers & Co.
Bulge Schiff & Co. George Opdyke Co.
Cecil, Stout Thayer. D Randolph Co.
John Cisco Son. Reid, Leo & Content.
Clark, Dodge Co. Security Bank.
Henry Cews Co. J and w seligman & Co.
jay Cooke q Co. Soutter & Co.
Dabney, Morgan 4 Co. Edward Sweetor & Co.
Thomas Denny & Co. Moses Taylor Co.
Drexel, Winthrop Co. Trevor Colgate.
Duncan, Sherman n 90. Turner Brothers.
Fisk Hatch. Union Trust Company.
Frank Cans. Van schaick & Co.
Gibson, Casanova & Co. Vcrmlye Co.
Clendinnng, Davis L Won Hoffman q Co.
Amory. Wells, Fargo Co.
Hatch Foote. Winslow Lanier Go.
w Hatch & Son. Chase Higginson.
Edward Haight. Kuhn, Loeb Co.
Heisers Sons. Lloyd Hamilton Co.
Howes Macy. Fielding 4 Bailey.
James Kings Sons. Baltzer q Toaks.
Kountzs Brothers
a WASHINGTON, D. Q.
jay Cooke Il Co. Middleton & Co.
FAINT, Washington a. Co. Riggs Il Co.
GEO. S. BOUTWELL,,
NH 27-d6t&wit Secretary of tho Treasury.