Evening star. [volume] (Washington, D.C.) 1854-1972, 1871-03-14
NEW LOAN OF THE UNITED srArEs
IMPORTANT CIRCUL.S8,
TREASURY DEPARTMENT, !
WASHINGTON Feb % 1871


Public notice is hereby given, that books IN
be opened on the 9Th day of March next =, ,h;.
country and in Europe, for subscriptic Nc ,o en-.
National Loan, under the Act sp-.,ra,ed .JnIv
II, 1870, entitled Gan Act to ar. ,or,zs ths r.,
funding of the National De- - and the Act IN
amendment thereof, approved Jan. 20. 1871.
me proposed loan comprises three classes of
Bonds, namely.
Ids to the amount OF FIVE hundred
niiiionf Of dollars, payable in coin at the
t'ieasuie Of the United States, after ten years
from The date of their issue, and bearing interest
paJable quarterly in coin, at the rate of i've per
Cent. per annum.
SecOnd-Bonds to the amount of three hum
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.
1hrd-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:
FUst-Subscriptions that nav be first made
for nve per cent. Bonds to the amoant of two
hundred millions ofd0llars, of which there Will
be reserved, for twenty days, one-half for sub
scribers in this country and One-half for sub.
scribers in foreign countries.
Second-Subs0iptions for equal amounts of
each class of Bonds.
1hird-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 five per cent.
sFour1-Subscriptions for any five Der cent.
Bonds that may not be subscribed for in the pre-
ceding classes.
When subscription IL made, the subscriber
will be required to deposit tive per cent. OF the
amount thereof in coin or currency Of the Unite d
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
70 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 be desired by subscribers.
Registered bonds will be issued of the dement,
nations OF $50, 500, 500, $1,000, s5 900, ard
$4,000; and coupon bonds Of each denomipa.
ton except the last two. The interest will be
payable in the United States at the Off ce OF the
Treasurer, any Assistant Treasurer or Dssig-
mated Depository of the Government, quarterly,
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 OIL all taxes or dues to the United
States, as well as from taxation in any form by
nnipr al
After maturity, the bonds hast issued will be
first redeemed, by classes and numbers, as NAV
be designated by the Secretary of the Treasury.
The bonds will be issued at the United States
Treasury, but the agents for the negoti alton OF
The loan in Europe are authorized to make
arrangements with subscribers for the trans
mission Of the bonds to the agents through
whom subscriptions may he received.
Subscribers in the United States will receive
he new bondsof the agents with whom the
subscriptions are made.
In the United States, the National Banks are
authorized to receive subscr iptions, and sub
scriptions may also be made at the Off 90 OF the
Treasurer Of th>United States, or Of any Assist
ant Treasurer, Or at the Designated Deposita-
ries at Buffalo, n. "; Chicago, Ill.,; Cincinnati,
Ohio; Louisville, KY; Mobile, Ala, and Pitts,
burg, Penn.
The following banking houses are also author
led to act a. agents in receiving subscriptions
in the United States, viz:
NBw YORK CITY.
Austin Baldwin & Co. Kountse Brothers.
Baker & Kitchen. Leonard, Sheldon &
A. Belmont & Co. Foster.
Blake Brothers & Co. Maitland, Phelps & Co.
Brown Brothers & Co. Marx & Co.
Bulge, Shift & Co. Morton, Bliss & Co.
Cecil, Stout g. Thayer. p, NJ. Myers & Co,
~
John d. Cisco q Son. George Opdyke & Co.
Slarke, Dodge & Go. r. ID. Randolph & Co.
henry Clews & Co. Reid, Leo & Content.
Jay. Cooke & Co. Security Bank.
Dabney, Morgan & Co. j. & W. Seligman & Co
Thomas Denny 4 Co. Kuhn. Ieeb g. Co,
Drexel, Winthrop & Co. SOutteS Il Co.
Duncan Sherman s. Co. Edward Sweet & Co,
FISK & Hatch. Moses Taylor s. Co.
Frank & Cans. Trevor & COLGATE.
gibson, CASANOVA Co. Turner Brothers.
GlendinniDg, Davis & Union Trust Company.
Amory. Van Schaick & Co.
Hatch & Foote. Vermilye & Co.
W. L. Hatch & Son. l.. Van Hoffman & Co
EDWARD haight. Wells, Fargo & Co.
d. a. Heisers Sons. Winslow, Lanier & Co.
Howes & Macy. Baltzer & Taaks.
James q. Kings Sons.
WASHINGTON, D. g.
Jay Cooke & Co. Middleton & Co.
FAINT, Washington & Co. Riggs & Co.
GEORGE s. BOUTWELL,,
mh9-6t Secretary Of the Treasury.