The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1871-03-30
FINANCIAL.
TREASURY DEPARTMENT,

WAsnrraroN, February rs, 1871.
| DuBLIC NOTICE Is hereby given, that books viii
L be opened on the sixth day of March next II
this country and in Europe for subscriptions to thu
National Loan, under the Act approved July IA
| 1870, entitled IAN Act to authorize the Refusdinl
of the National Debt" and the Act in amendment
thereof approved January 20, 1871.
| The proposed loan comprises three classes O
Bonds, namely:
FIRsr-Bonds to the amount Of five hundred mil
lions Of dollars payable in coin, at tho pleasure
the United States, after ten years from the date Of
their issue, and bearing interest payable quarterly
in coir, at the rate of Ave par cent per annum.
sEcosD-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 hall per cent per
annum.
THrhD-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 cent. per annum.
Subscriptions to the loan will have preference In
the following order, namely:
RRsr.-subscriptons that may be frat made for
five 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.
SEcoNb.-Subscription for equal amounts of each
class of bonds.
THRp.-subscriptions for equal amounts of bonds
bearing interest at the rate OF four aud half per
1870, 80" " pohuo DooaHE 'At~ioob az tnO tdto VI
five per cent.
oURrH-subscriptions for any Il 20 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 or currency of the United States
In bonds Of the class to be exchanged, to DO nc.
counted for By tho Government when the bonds are
dslivsred ; and payment may be made either in coin
or in bonds of the United States known as FIVE
TWENTY BONDS at their par value.
fwad in pavp inf tpfn I'm nj ad e.
the redemption Of fve.twenty bonds, and the debt
of the United States win not BIO 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
500, $780, 81 600, 600 and $4,000 and coupon
bands 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
or designated deposiary of the government quarter
iy ON the first days Of February, May, August and
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 as from
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, 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 ne gotaton of the
loan in Europe are authorized to make arrangements
with subscribers for the Transmission of the bonds
received.
Subscribers in the United States will receive the
new bonds of the agents with whom the subscrip-
tons are made.
La 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 or of any Assistant Treasurer,
the Designated Depositaries at Buffalo, N. y, Chica
60, I'LL, Cincinnati, Ohio, Louisville, Ky. Mobile,
Ala, and Pittsburg, Pa
The following banking houses are also authorized
t, act as agents in receiving subscriptions, In
NEW YORK CITY:
Austin Baldwin & Co. Leonard, Sheldon Foster
Baker Kitchen. Maitland. Phelps Co.
Belmont Co. Marx & Co.
Blake Brothers Co. Morton, Bliss Co.
Brown Brothers Co. NJ Myers & Co.
Bulge, Schiff 4 Co. George 0pdyke & Co.
Cecil, Stout 4 Thayer. D Randolph & Co.
John Cisco 4 Son. Reid Leo Content.
Clark, Dodge Co. Security Bank,
Henry Clews Co. J and W seligman & Co.
Jay Cooke & Co. Souttsr h Co.
Dabney Morgan Co. Edward Sweetor & 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 schaick 6 Co.
Gibson, Casanova s. Co. Vermilye 6 Co.
elendinning, Davis 1 Won Hoffman Co..
Amory. Wells. Fargo & Co.
Hatch Il Foote. Winslow, Lanier q Co.
W 7 Hatch son. Chase & Higginson.
Edward Haight. Kuhn, Loeb Co.
II Heiser's Sons. Lloyd Hamilton & Co.
Howes Macy. Fielding & Bailey.
James Kings Sons. Baltzer Toaks.
KountZe Brothers.
WASHINGTON, DO.
Jay Cooke & Co Middleton Co.
FAINT, Washington & Co. Riggs & Co.
GEO. s. BOUTWELL,,
NH 27-d6t&wit Secretary of the Treasury.