The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-02-07
FINANCIAL.

competition tor the better sorts not as keen as
FINANCIAL.
A. spoOoo.oo
UNITED STATES FIVE PER CENT
FUNDED LOAN
Principal redcemable at par after LIST May. 1881, in
United gold coin of the Standard interest
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 a.
1870, and January 20. 1871.
The proceeds of these Bonds to be applied the
demption and cancellation United States Flve.twenty
Bonds as provided in said acts.
NEW YORK, FEBRUARY l. 1879
The Secretary Of the Treasury having concluded with
Mcssrs. Jay Cooke Co., representing Messrs N. M.
Rothschild & Sons, jaw Cooke. McCulloch Co.. and
themselves; and Messrs Norton Bliss Co.. and Drexel,
Morgan Co., representing Messrs Barring Bros Co.,
J. Morgan Co., Morton, Rose Co.. and themselves,
contract for the negotiation of the remaining Five per
cent Bonds of Funded the United States the
undersigned prepared 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 lin
golD or in Fivc-tweny Bonds of any issue.
The Bonds now offered are all that remain of the $780,
100000 Ave per authorized by Congress- and it Is
hardly necessary say that the combination entrusted
with the agcment of this negotiation embraces
ncctions in Europe and America which practically in
sure the placing of the entire amount and the redemp
ton Of $soOOOOOOO of Five-twenty Bonds after which
only four and onehalf and per cent Bonds will
main for holders of Fvetwenes declining this last OPP
portunity to exchange for five per cents
The Coupon Bonds in denominations of $50 800,
$780, 1000 5000 and $4,000 TIE Registered Bonds arc
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 /, 1873
The Bonds may, at the option of the holder be regis
tered and United States Treasury checks for interest
thereon win be sent from Washington to the Post office
address of the holder in partof America Europe
Applications will be received the Office of either Of
the undersigned and must be accompanied by the
quired deposit
Payment In gold will be made as folows.-
Five per cent on application.
Five per cent on allotment
Forty per cent on MayL
Fifty per cent on June l.
When preferred the deposit upon application may be
made in currency Or any United States bonds.
Interest at Ave per cent gold per annum will be added
from February to the date of the several payments
Payment in Five.twenties will be made by exchanging
Bond for Bond interest being adjusted to February
The preliminary deposit of i've per cent in such
will be returned upon receipt Of the Fvetwendes the
class of which must be specified in the application
The Books will be opened simultaneously in Europe
and America, the 18th inst and remain open until the
evening Of the 7h inst and the si!otmen will be made
as soon as possible thereafter
Provisional Receipts Scrip will be given for the
Deposits The Bonds will be furnished at a. early date
Is practicable against corresponding amounts Of Five
twenty Bonds or payment in full.
Should the allotment of Bonds not equal the subscrip
ton the preliminary deposit In each case will bs re.
turned forthwith to the extent Of the excess.
When desired we viii furnish tho coin without com.
mission) and make settlement in currency and will also
receive al current market price, any Bonds of United
States other than Fivs-twentieA
JAY COOKE CO.,
MORTON, BLISS & CO.,
DRExEL. MORGAN CO.
Applications will also be received by
Messrs FISK HATCH,
CLARKE, DODGE CO.,
Messrs. vERMILYE 4 CO.,
FIRST NATIONAL and
Messrs HENRY cLEws CO..
FOURTH NATIONAL BANKS.
from whom the forms may be procured.
A MONEY TO LOAN ON BOND AND MORTGAGE
"a: In New Ycsk gTS9klyn spd New Jersey PRINCIPALS
room ~ " % ""0D' w. NV 0'0"u""'
"A 70 loan Immediately and TO buy arst second, Ac.,
Westc Brooklyn, New Jersey,
city, ac. Builders Loans Leascholds Bonds, stocks,
Miscellaneous Securities ne gotiated
A -A-NONRY TO LOAN ON NEW YORK AND NEW
"A. Jersey Property IN sums 70 suit; mortgages csshed;
BELLANY BROTHERS, 81 Pine street
oDATIoN.-COMMBRCIAL PAPER PRO-
"A cured for business men; also real estate furnished
for assets on favorable terms sdvics n baniTHgtcy an