, 1873-02-05

Il -H---
| The Funded Loan.
| as00, ,000, 600 United SAFES Fsre Per Cen
/ Funded Loan
I Three hundred million dollars United States &
per cent funded loan.
Principal rcdeemable at par after the LIST It
May, 1881, in United States gold coin of the
present standard, interest payable quarterly in
| United States gold coin and both principal and
interest exempt from taxation, whether under
Federal, State municipal, OF local authority: "a
authorized by acts of Congress, approved July II,
1870, and Jan. 20, 1871
The proceeds Of these bonds are to be applied
to the redemption and cancellation OF the United
States $40 bonds, as provided in said acts.
New YORK, Feb. l, 1c73
The Secretary Of the Treasury having con-
cluded with Messrs. Jay Cooke i Co., represent
ing Mess1s. N. Ii. Rothschild d Sons, Jay
Cooke, 5icCulloch 1: Co., and themselves and
Mess1s. Morton, Bliss l. Co., and Dre1el, Nor
gan l. Co., representing Messrs. Barring Bros. l.
Co., J. S. Morgan 1, Co., Morton, Ro5a 4 Co.,
and themselves, d contract for the negotiationo OF
the remaining per cent bonds of the funded
loan Of the United States, the undersigned are
prepared to receive applications at par and ac-
cred interest for any part Of $500 00o, 900 United
States "dves" OF 1881, issued under the acts Of
Congress above mentioned
Applications may bo made parable either IN
caah lin gold) or in $40 bonds OF any issue.
The bonds now offered are all that remain Of
the $500, ,o0o, 600 per cents authorized by Con-
gress, andit is hardly necessary to say that the
combination entrusted with the management of
this negotiation embraces connections in Europe
aud America, which practically insure the Placing
OF the entire amount, and the redemption ot
s3o0, 600 Of fve-twenty bonds, after which
only ~ and per cent bonds will ramain for
holders OF fve-twenties declining this last op~
portunity to exchange for per cents.
The coupon bonds arc in denominations Of ESQ,
800, s5oo, $1,000, 5000, and $4,000 The
registered bonds are in like amounts, with tho
addition Of the denominations Of $4,000 and
ESQ, 900. Interest. payable quarterly, will CON-
meuce from the 1st February, tho first interest
payment being May I, 1873. The bonds may, at
the option Of the holder, be registered, and
United States Treasury checks, for interest
thereon, will be sent from Washington to the
Post Office address Of the holder in any part OF
America or Europe.
Applications will ho received at the cfico Of
either Of the undersigned, ana must b. sccom-
panied by the required uepcs1t.
Payment in gold will be made as fo!ows:
Five per cent on application
Five por cent On allotment.
Forty per cent on May I.
Fifty per cent on June I.
When preferred, the deposit upon application
may be made IN currency or any United States
bonds. Interest at 5por cent (gold) per annum
will ba added from Feb, to the date OF the 4ev-
era1 payments. Payment in hre-tnenties will
be made BY exchanging bond for bond, interest
being adjusted to Feb. l.: The preliminary de-
posit Of 5 per cent in such cases will be returned
On receipt Of the hve-twenties, The class Of
which must bo specified in the application.
The books for applications will be openc1sim~
in Europe and Am erica Oh the 4th
inst, and will remain open until tho evening Of
The 7th inst, and the a1lotmcnts will be made -
soon as possible thereafter.
Provisional receipts (scrip) will bo given for
he deposits, The bonds will be furnished ut a.
early date as practicable against corresponding
amounts Of fve-twenty bonds, or payment IN
full. Should the allotment Of bonds not equs1
he subscription, the preliminary deposit IN
9ech caso will be returned forthwith to the az
tent Of the e1ccss~
When desired, We Will furnish the coin (Wlth-
out comniszion), and make settlement IN cur-
rency, and will also receive at current market
price any bonds Of the United States other than
iye-twenties.
(SIsned) JA7 CoozE i Co.,
No1Toy, BLISS d Co.,
DuExEI, MORGAN & Co.
Applications will also be received by Meseth
Lunt. Preston l. Kean, Chicago. from whom the
flank forms mav be procured. -