Evening star. [volume] (Washington, D.C.) 1854-1972, 1871-03-13
NEW LOAN OF THE UNITED OTATEs
EBPORE.s.NT CxRCUL.lR.
TREASURY DEPARTMENT, !
WASHINGTON, Feb, d. 1871,

wAsHlNGToS, Feb. %, 1911.
Pubic notice is hereby given, that books will
be opened on the 9Th day OF March next in this
country and in Europe. for subscriptions to the
National Loan, under the Act approved july
IL, 1910, entitled Gan Act to authorize the Re-
funding of the National Debt" and the Act in
amendment thereof, approved Jan. 20, 1871.
The proposed loan comprises three classes OF
Bonds, namely:
Fust-Bonds TO the amount OF five hundred
millions OF dollars, payable in coin, at the
pleasure of the United States, after ten wears
from the date of their issue, and bearing interest
payable quarterly in coin, at the rate OF i've per
cent. per snnum.
Second-Bonds to the amount of three Hmm
dred 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 coin, at the rate
OF four and a half per cent. per annum.
Ihrd-Bonds TO the amount OF seven hundred
millions OF dollars, payable In coin at the pleas
ure OF the United States. after thirty years from
the date OF 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 M le
for five per cent. Bonds to the amount of two
hundred millions of dollars, of which there will
be reserved, for twenty days, one-halr Cor sub
scTibers in this country and one-hslf for sub.
scribers in foreign countries.
Second-Subscriptions for equal amounts OF
each class of Bonds.
5hird-Subscriptiops for equal amounts of
Bonds bearing interest at the rate of four and a
half per cent, and OF Bonds bearing interest at
the rate Of i've per cent
Observation-Disclosures for any five per cent.
Bonds that may not be subscribedfor in the pre-
cediDg classes.
When q 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, or In bonds Of the class to be exchanged,
to be accounted tor by the Government when
the new Bonds are 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 coin received in payment will be applied
to the redemption of Five-twenty Bonds, and
the debt Of the United States will not be in
creased by this loan.
The bonds will be registered or issued with
coupons, as may lie desired by subscribers.
Registered bonds will be Issued of the denomi-
nations OF $50, 800, 500, 81 900, e5, 900, and
tion except the last two. The interest will be
payable in the United States at the Office OF the
Treasurer, any Assistant Treasurer, or Desig-
mated Depository OF the Government, quarterly,
OIL the first days of February, NAV, August An
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 to the United
states, as we'll Of 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 ma =
be designated by the Secretary of the Treasury
The bonds will be issued at the United State.
Treasury, but the agents for the negotiation OF
the loan in Europe are authorized to make
arrangements with subscribers for the trans
mission of the bonds to the agents through
whom subscription may be received.
Subscribers in the United States will receive
the new bonds Of the agents with whom the
subscriptions are made.
In the United States, the National Banks are
anti to receive subscriptions, and sub
scriptions may also be made at the Off ce OF the
Treasurer Of the United States, or of any Assist
ant Treasurer, or at the Designated Deposita-
ries at Buffalo, N. ". Chicago, H.; Cincinnati,
Ohio; Louisville, Ky; Mobile, Ala, and Pitts
burg, Penn.
The following banking houses are also author
lied to act as agents in receiving subscription,
In the United States, viz
NEW YoRK CITY.
Austin Baldwin & Co. Kountze Brothers,
Baker & Kitchen. Leonard, Sheleep &.
4. Belmont & Co. Foster.
Blake Brothers & Co. Maitland, Phelps & Co
Brown Brothers & Co. Marx & Co.
Bulge, Shift & Go. Morton, Bliss & Go.
Cecil, Stout & Thayer. r. NJ. Myers & Co.
Jonn y. cisco & Son. George Opdyks & Co.
Ciarke, Dodge & Co. u. ID. Randolph & Co
nenfy Ciews x Co. Reid, Leo & Content.
Jay Cooke & Co. Security Bank.
Dapney, morgan az Co. j. & W. Seligman & Co.
Ihomas Denny x Co. Kuhn, Loeb & Co.
Drexel, Winthrop & Co. Soutter & Co,
Duncan Sherman & Co. Edward Sweet & Co.
FISK q Hatch. Moses Taylor & Co.
Frank & Cans. Trevor & Colgate.
Gibson, Casanova & Co. Turner Brothers
Iiendinning, DAVIS " Union Trust Company.
Amory. Van Setback a. Co.
hatch q FoOte. Nermilye & Co.
v. L. hatch & Son. l.. Van Hoffman & Co.
Edward Haieht Wells, FARGO &, Co
~ a. heier sons. Winslow, LaDier s. Co.
Howes & Macy. BaNzer & Taaks
James Ii. Kings Sons.
WARRINGTON, =. O.
Jay Cooke Co. Middleton s. Co.
FAINT, Washington & Co.Riggs & Co.
GEORGE S. BOUTWELL,,
mh9-Gt Secretary Of the Treasury.