The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1871-04-22
TREASURY DEPARTMENT.,

WABHlNGTON feDruary ~, 1871.
DuBLIC NOTICE is hereby given, that books will
l. be opened on the six It'll day of March next in
this country and in Europe for subscriptions the
National Loan, under the Act approved july Ia
1870, entitled "An Act to authorize the Refu sding
of the National Debt" and the Act In amendment
thereof, approved January 90 1871.
me proposed loan comprises three classes of
Bonds, namely:
FIRsT-Bonds to the amount Of five hundred mil
lions 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 five Per cent. per annum.
sEooND.Ronds to the amount Of three hundred
mions OF dollars, payable In coin, 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 half per cent per
annum. -rl
THIRD-Bonds to the amount of seven hundred mill
lions of dollars, payable in coin 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 bavs preference in
the following order, namely:
FIRsT-Subacrptions that may be first 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 0ne-half for subscribers in fcreipp
countries
sEooND:-subscriptlon for equal amounts Of each
class of bonds
TaRD.-subscrptions for equal amounts of bonds
bearing interest at the rate Of four and half per
CENT and Of bonds bearing interest at the rate of
FOURTH Subscription for any five DER cant.
bonds that may not be subscribed for in thu pre-
cedng classes.
When a subscription is made, the subscriber will
be required to depost two per cent Of the amount
theresa in coin or currency of the United States or
in bonds of the class to be exchanged to be ac-
counted for by the Government when the bonds are
delivered and payment may be made either in coin
or In bonds of the United States known as PIvE-
TWENTY BONDS at their par value.
The coin received in payment will be applied to
tho 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,
800, $500, 81 900, S. GEO and $40 600 and coupon
bends Of each denomination except the last two
The interest will be payable in the United States, at
the once OF the treasurer any assistant treasurer
or designated depositary of the government
y, on the hrst days of February, May, August and
November, in each year.
The bonds Of tho several classes aforesaid and the
interest thereon, are exempt from the payment of
All taxes Or uues Oh the United STATES as well as from
taxation In any form by or 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 StateA
treasury, but the agents for the negotiation of the
loan in Europe are authorized to make arrangements
with Subscribers for the transmission of the bonds
to the agents through whom subscriptions may be
received.
Subscriber 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.
thorizsd to receive subscriptions and subscI ptions
may also be made at the Office of the Treasurer of
the United States or of any Assistant Treasurer
the Designated Depostaries at Buffalo, N. \ Chica
go, ILL.,, Cincinnati, Ohio, Louisville KY, Mobile
Ala, and Pittsburg, Pa.
The following banking houses are also authorized
to act as agents in receiving subscriptions In
NEW YORK CITY:
Austin Baldwin 4 Co. Leonard, Sheldon 4 Foster |
Baker Kitchen. Maitland, Phelps Co.
Belmont 4 Co. Marx 4 Co.
Blake Brothers & Co. Morton Bliss 4 Co.
Brown Brothers Co. Pm Myers a Co.
Bulge, schih Go. George Opdyke Co.
Cecil, Stout Thayer. E Randolph Co,
John Cisco Son. Reid, Leo g. Content
Clark, Dodge Co. Security Bank,
Henry Clews Co. and Segman 4 Co.
Jay Cooke Co. Soutter 4 Co.
Dabney, Morgan Co. Edward Sweeter 4 Co.
Thomas Denny Co. Moses Taylor Co.
Drexe, Winthrop CO. Trevor a Colgate. 81.
Duncan, Sherman 4 Co. Turner Brothers
Fisk Hatch. Union Trust Company
Frank Cans. Van echaick 4 Co.
Gibson, Casanova Co. Vermilye q Co.
Davis Won Hoffman Co.
Amory. Wells, Fargo Co.
Hatch Foote. Winslow, Lanier Co.
Hatch son. Chase Higginson.
WAsHiNGToc, D. O.
Jay Cooke 4 Go Middleton 4 90.
FAINT, Washington Co. Riggs 90,
GEO. 8. BOUTWELL,,
nah T-desAwst Secretary OF the Treasury.