, 1873-02-06
Efle Funded L0ans
$500, ,000, 900 U'.ited .Stotes Fiue Per Cen
Eiitlf1e1l INN


Funded Loan.
Principal redecmable ut par atter tho lst Of
May, 1881, in United States geld coin of tho
present standard, interest payable quarterly In
United States gold coin, and both principal and
interest exempt from taxation, whether under
Federal, State, municipal, or local authority ~
authorized by acts Of Congress, approved July1&
1870, and Jan. 20. 1871.
The proceeds Of these bonds arc to be applied
to the redemption md cancellation Of the Unitod
stateB $50 bonds, RB provided in said acts..
NEW YORK, Feb. /, 1873
The Secretary Of the Troasury having con,
oluded with a1essra. Jay Cooke l. Co., represent.
ing A1essra. N. II. Rothschlld d Sons, Jay
Cooke, AfcCullooh d Co., and themselves and
Messrs. Morton, Bliss i Co., and Drexel, Nor
gan L Co., representing Messrs. Barring Bros. d
Co., ]. 8. Morgan l. Co., Morton, Rose Il Co.,
and themselves, q contract for the negotiations Of
the remaining per cent bonds Of the funded
loan OF the United States, tho undersigned are
prepared to receive applications at par and ao-
crued interest for any pnrt Of $500 900 900 Untoa
States tiyes" Of 1881, issued under the acts OF
Congress above mentioned.
Applications may be made payable either In
cash lin gold) or in $50 bonds Of any issue.
The bonds now offered are all that remai1 Of
the $500, 900, 900 per cents authorized by Con-
gress, audit ia hardly necessary to say that tho
combination entrusted with the management Of
this negotiation embraces connections in Europe
and America, which practically insure the placing
Of the entire amount, and tie redemption Of
s900, ,000, 900 Of flve-twenty bonds, after which
only ~ and per cent bonds will remain 70,
holders Of ilve-twenttes declining this last op-
portunity to exchange for s. per cents.
Tho coupon bonds are III denominations Of $50,
s100, $500, $1,000. $1,000, and $4,000. Tha
registered bonds arc in like amounts, with tho
addition Of tho denominations Of $4,000 and
$4,000. Interest. payable quarterly, will com*
menco from the lst February, the first intereat
payment being May ], 1873. Tho bonds may, at
the option Of tho holder, be registered, and
United States Treasury checks, for interest
thereon, will be- sent from Washington to ths
Post OAlco address, OF the holder In any part OF
America or Europe.
Applications will be received at. tho o0ica Of
either Of the undersigned, aud muHt be acqops'
panied by tho required deposit.
Payment in gold will be made % 9ouowR:
Five per cent On application.
Ffyo por cont on allotment,
Forty per con: OH 1layl,
Fifty per cent on June l.
When preferred, the deposit upon application
may be made In currency or any Uniled states
bonds. Interest at 5per cent [gold) per aunu1n
will be added from Feb. l to the dato of the sev-
eral payments. Payment In fva-twentios will
DO made by exchanging bond for bond, intorest
being adjusted to Fob. !. Tho preliminary do
posit of per cent in auch cases will DO returned
on receipt OF tho lyo-tweuslos, the class Of
which must be specified in the application.
Tho books for applications will be oponoasim-
ultancously In Europe and Am erica on the 4th
inst, and will remain open until tho evening OF
tho 7th inst, md tho atlotmouta will ha made 81
coon Us possible thereafter,
Provisional receipts (ecrip) will be given TOR
the deposits. Tho bonds will DO furnished at ~
oarly date az practicable against corresponding
amounts OF Aye-twenty bonds, or payment in
full. Should the allotment Of bonds not equal
tho subscription, the preliminary deposit in
each case will DO returned forthwith to tho q,
tent Of the excess.
When desired, We will furnish the coin (with-
out commiaaion), and make settlement iu cur-
,ency, and will also receive at current market
price any bonds Of tho United statos other thaa
tlve-twentica.
(signed) JAY CooKE & Co.,
AlonToS, Bliss K Co.,
pnExEL, MonoAS d CO.
Applications will Rlso bo reeelyed by AIassrs.
Lunt, Preston l. Koau, Chicago, from whom Tug
blank forma may bs procured.