The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-02-04
FINANCIAL.


A. .so.ooo~
UNITED STATES FIVE PER CENT
FUNDED LOAN
Principal redeemablo at par after LIST May 1881, in
payable quarterly in United States gold CON- and both
principal and interest exempt from taxation whether
under federal State, municipal or local authority
As authorized by acts of Congress approved July H.
1870, and January 20. 1871.
The proceeds these Bonds be applied
dempon and cancellation of United States Fivcwenty
Bonds, as provided in said acts
NEW YORK, FEBRUARY 1, 1873
The Secretary Of the Treasury having concluded with
Messrs Jay Cooke Co., representing Messrs. N. M.
Rothschld Sons, jaw Cooke McCuloch 4 Co., and
themselves; and Mcssrs Norton Bliss Co., and DrexeI,
Morgan & Co., representing Messrs Barring Bros. Co.,
J. Morgan Co., Morton, Rose Co.. and themselves
a contract for the negotiation of the remaining Five per
Bonds the Funded Loan of the United States the
undersigned prepared to receive applications par
and accrued interest for any part Of
$soo,ooOOoo UNITED STATES FIvEs OF 1881,
issued under the acts of Congress above mentioned
Applications may be made payable either in cash Gin
gotD or in Five-twenty Bonds of any issue.
The Bonds now offered are that remain of the $780,
100000 five per cents authorized by Congress- and it
hardly necessary to say that the combination entrusted
with the agcmen of this negotiation embraces
nections in Europe and America which practically in
sure the placing the entire amount and the redemp
ton of $3ooOOOOoO of Fye-twenty Bonds after which
only and one.haf and four per cent Bonds will
main for holders Fivetwentes declining this last OPP
portunty to exchange for five per cents
The Coupon Bonds are in denominations of $50 $780,
$780, 81 O 5000 and $4,000 Tie Registered Bonds
in like amounts, with the addition Of denominations of
$4,000 and $4,000 interest," payable quarterly, will
commence from LIST February, the first interest payment
being May l, 1873.
The Bonds may at the option of the holder be regis
tered and United States Treasury checks for interest
thereon Will be sent from Washington the Post office
address of the holder in parof America Europe
Applications will DO received at the office of either of
the undersigned and must be accompanied by the
quired deposit
Payment in gold will be made as foows:-
Five per cent application.
Five per cent allotment.
Forty per cent on May
Fifty per cent on Junel
When preferred the deposit upon application may be
made in currency or any United States bonds.
Interest at five per cent gold per will be added
from February to the date of the several payments.
Payment in Fvetwenties will be made by exchanging
Bond for Bond, interest being adjusted TO February
The preliminary deposit of five per cent in such
will be returned upon receipt of the Fvetwenes the
class of which must be specified in the application.
The Books will be opened simultaneously in Europe
and America, the 4h inst and remain open until the
evening of the 9TH inst and the alotments will be made
as soon as possibe.thcreafter
Provisional Receipts Scrip will be given for the
Deposits The Bonds will be furnished at as early date
as practicable against corresponding amounts of Five
twenty Bonds or payment in full.
Should the allotment of Bonds not equal the subscrp.
ton the preliminary deposit each case will be re-
turned forthwith to the extent of the excess.
When desired we will furnish the coin without com.
mssion) and make settlement currency and will also
receive at current market price, any Bonds Of United
States other than Five.twenties
JAY COOKE CO.,
MORTON. BLISS 4 CO.,
DRExEL MORGAN & CO.
Applications will also be received by
Messrs FISK 4 HATCH,
CLARKE. DODGE & CO.,
Messrs. vERMILYE CO.,
FIRST NATIONAL and