The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1871-04-24
TREASURY DEPARTMENT,


DUBLIC NOTICE ID hereby given, that books will
L be opened on the sixth day of March next, in
this country and in Europe, for subscriptions to the
National Lean, unaer the Act approved July IA,
1870, entitled "An Act to authorize the Refue ding
of the National Debt" and the Act in amendment
thereof approved January 20, 1871.
q The proposed loan comprises three classes OF
Bonds, namely:
FIasr-Bonds to the amount of FIVE hundred mill
lions of dollars payable in coin, at the pleasure of
the United States after ten years from the date of
their ISSUE ana bearing interest, payable quarterly
in coin, at the rate Of five par 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 date
of their ISSUE and bearing interest," payable quarter
ly in con at the rate of four and hal cent. per
annum.
THrsD-Bonds to the amount of seven hundred mill
lions of dollars payable In CON- 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 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 one-haif for subscribers in foreign
countries
SxcoND-subscription for equal amounts of each
TamD.-subscriptions for equal amounts of bonds
bearing interest at the rata OF four and half per
CENT and OF bonds bearing interest at the rate OF
FouRrH- Subscriptions for any I've per cent.
bonds that may not be subscribed fer in the pre-
ceding classes. 500
When a subscription is made the subscriber will
be required to deposit two per cent of the amount
thereof in coin or currency of tbs United States, or
In bonds of the class to be exchanged, to be &C.
counted for by the Government when the bonds are
delivered end 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 increased by this
| loan.
| 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,
500, $780, 81 ,000 S. GOO and $4,000 and coupon
| bonds 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 deposiary 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 dues of the United States as 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, may be desg
| mated by the secretary of the treasury.
| The bonds will be issued at the United States
treasury but the agents for tho 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.
Subscribers in the United States will receive the
new bonds of the agents with whom the subscrip
|
| : La the United States the National Banks au
thorized to receive subscriptions, and subscriptions
may also be made at the Office of the Treasurer Of
the United States or of any Assistant Treasurer OF
the Designated Depositaries at Buffalo, N 4, Chca
go, ILL.,, Cincinnati, Ohio, Louisville, KY, Mobile
| Ala, and Pittsburg, Pa.
The following banking houses also authorized
| to act as agents in receiving subscriptions, in
| NEW YORK CITY:
| Austin Baldwin 4 Co. Leonard, Sheldon Foster
| Baker 4 Kitchen. Maitland. Phelps Co.
A belmont Il Co. Marx 4 Co.
| Blake Brothers & Go. Morton, Bliss Co.
Brown Brothers Co. M Myers Co.
Bulge, schif Co. George 0pdyke Co.
Cecil, Stout Thayer. Randolph Co.
| John J Cisco Son. Reid, Leo q Content
| Clark, Dodge Co. Security Bank.
| Henry Clews Il Co. j and w Seligman Co.
| Jay Cooke Go. Souttsr & Co.
| Dabney, Morgan & Co. Edward Sweetsr Co.
| Thomas Denny Co. Moses Taylor 90.
| Drexel, Winthrop 4 Co. Trevor Colgate.
| Duncan, Sherman Co. Turner Brothers.
| Fisk Hatch. Union Trust Company.
| Frank Cans. Van schaick Il Co.
Gibson, Casanova & Co. Vermilye & Go.
| Glendinning Davis Il L Won Hoffman Co.
Amory. Wells Fargo Co.
| Hatch & Foote. Winslow, Lanier & Co.
| w Hatch d son. Chase Higginson.
| WASHINGTON, D. @.
Jay Cooke 4 Co. Middleton & Go.
| Rant, Washington Co. <Riggs Co.
! GEO. s. BOUTWELL,,
NH H-detaw4t Secretary of the Treasury.