The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1871-04-10
TREASURY DEPARTMENT =,


DUBLIC NOTICE is hereby given, that books will
L be openei ON the sixth day of March next, in
this country and in Europe, for subscriptions to the
National Loan under the Act approved July a.
1870, entitled AN Act to authorize the Reiusdng
of the National Debt" and the Act in amendment
thereof, approved January 20, 1871.
The proposed loan comprises three classes of
Bonds, naInely
FIRsT-Bonds to the amount of five hundred mil.
lions of dolara payable in coin, at the pleasure of
tho United States after ten years from the date Of
their ISSUE and beariag interest, payable quarterly
in coin, at the rate of i've psr cent. per aDnum.
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 tho date
of their ISSUE and bearing interest," payable quarter
y in coin, at the rate Of four and hale per cent per
annum.
IHIhD-Bonds to the amount Of seven hundred mil
lions of dollars payable in COIN at the pleasure of
the United States alter thirty years from the date of
their ISSUE and bearing interest, payable quarterly
Ia coin, at the rate of four per cont. per annum.
Subscriptions to the loan will have preference in
the following order, namely:
Observation-Disclosures that may be first made for
five per cent. bonds to the amount of two hundred
millions of Jollars Of which there ill be reserved
for twenty days, one half for subscribers in this
country and one-half for subscribers in ftraign
countries.
SECoSD.--Subscription for equal amounts OF each
class of bonds.
THIRD.-srbscript'ons for equal amounts Of bonds
bearing interest ut the rate OF four and halt per
cent aud of bonds bearing interest at the rate Of
i've per cent.
FOURTH subscriptions for any fre per cent.
bonds that may not be subscribed for in tho pre-
ccdiug classes.
When subscription is made tie subscriber will
be required to deposit two per cent. OF the amount
thereof in coin or currency of the United States
in bends of the class to be exchanged, to lie &C
counted for by the Government when the bonds are
delivered and payment may be made either in coin
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 or issued with cou-
pons, 'as may be desired by subscribers Registered
bonds will be issued of the denominations Of $50,
SlO0, $500, 81 600, $4,000 and $4,000; aud coupon
bends of each denomination except the last two
Tbs interest will be payable in the United States at
the Office of the treasurer, any assistant treasurer,
or designated depositsry 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 well from
taxation in any form by 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 States
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 DO
received.
SUBSCRIBERS in the United States VIII receive the
new bonds of the agents with whom the subscrip-
tions made.
In 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, of any Assistant Treasurer, or
the Designated Depositaries at Buffalo, N. Chica-
go. ILL.,, Cincinnati, Ohie 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 & Co: Leonard, Sheldon & Foster
Baker q Kitchen. Maitland. Phelps & Co.
Belmont d Co. Marx & Co.
Blake Brothers & Co. Morton, Bliss Co.
Brown Brothers Co. III Myers Co.
Bulge, Schiff 4 Co. George Opdyke Co.
Cecil, Stout Thayer. II D Randolph Co.
John Cisco a son. Reid, Leo Content
Clark, Dodge & Go. Security Bank,
Henry Cews o. and w segman Go.
Jay Cooke a. Co. Soutter Co.
Dabney, Morgan & Co. Edward Sweetor 4 Co.
Thomas Denny Co. Moses Taylor Co.
Drexel, Winthrop Ca. Trevor Colgate.
Duncan, Sherman Co. Turner Brothers.
Fisk Hatch. Union Trust Company.
Frank L Cans. Van schaick q Co.
Gibson, Casanova * Co. Vermye 4 Co.
plendinning, Davis Won Hoffman Co.
Amory. Wells, Fargo q Co.
Hatch a Foote. Winslow Lanier a Co.
w L Hatch Son. Chase Higginson.
Edward Haight Kuhn, Loeb Co.
Fl A Heiser's Sons Lloyd Hamilton Co.
Howes 4 Macy. Fielding Bailey.
james G Kings Sons. Baltzer & Toaks.
Kountze Brothers.
WASHINGTON, D. @.
jay Cooke & Co. Middleton & Co.
FAINT, Washington Go. Riggs 4 Co.
GEO. s. BOUTWELL,,
NH 2T-det&w4t Secretary of the Treasury,