, 1873-02-04

Three hundred million dollars United States
per cent funded loan.
Principal redeemable at par nfter the 1st 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 oxcmpt from ta1ation, whether under
Federal, State, municipal, or local authority: as
authored by actB Of Congress-, approved July IA,
1870, and Jan. 90, 1871,
The ptoceeds Of theme bonds are to DO applied
to the redemption and cancellation Of the United
States $40 bonds, as provided in said acts,
Tho Secretary Of the Treasury having con-
cluded with hfesara. Jay Cooke i Coz rcpropont-
ing Mossrs. n. II. Rothachilds &. Sons, jay
Cooke, McOullooh l. Co., md themselves and
Mosars. Morton, Dlies l. Co., aud Drexel, Nor
gan l. Co., representing Massre. Barring BroB l.
Co., j.. g, Morgan & Co., Morton, Rose 4. Co.,
and themselves, q contract for the negotiation Of
tho remaining per cont bonda Of the funded
loan Of tho United Statos, tho undersigned arc
prepared to receive applications at par and &C.
crued interest for any part Of $500 900 United
8tates "fiyes" Of 1881, issued under the aots OF
Congress above mentioned.
Applications may be mAde payable either In
caah (in gold or in $40 bonds Of any isaue-in
tho latter case being adjusted to Fob l.,
Tho bonds now oHored are all tlat remain Of
tho e6oo, 100000 i per cent? authorized by Con-
gress, andtt is hardly necessary to say that the
combination entrusted with tho management Of
this negotiation embraces connections in Europe
and America, which practically insure the placing
Of tho entlro amount, and the redemption of
throo hundred millions Of five-twenty bonds,
after Which only ~ and per cont bonds will
remain for holdorR Of flyo-twenties declining
thin last opportunity to exchange for s por centa,
The coupon bonds are in denomination Of $50,
800, $500, $1,000, $4,000, and $4,000, The
registered bonds are ip like amounts, with the
addition Of tho denominations OF 920, 900 and
$4,000. Interest, payable quarterly, will COM
Enence from tue LIST February, the first interest
payment being Nay /, 1878. Tho bonds may, ut
the option Of the holder, be registered, and
United States Treasury checks, for tho interest
thereon, will be sout from Washington to the
Post Ofllco address Of the holder In any part Of
America or Europe.
Applications will bo received at the office Of
either Of the undersigned, and must he accom-
panied by tho required deposit.
Payment In gold will DO made az followa:
Fivo per cent on application.
Fiyo por cent on allotment,
Forty per cent on May /.
Fifty pdr cent On June l.
When proferred, tho deposit upon application
may bo mado In currency or any United States
bonds. Interest at per cent gold per annum
will be aided from Feb. to tho date Of the sey~
eral payments. Payments In Ave.twentios will
10 made by exchanging bond for bond, interest
being adjusted to Feb. l. The preliminary do.
poBit Of per cent in auoh casoa will be returned
on receipt Of the fiye-twentes, the class oi
! which must DO specified in tho application.
Tho books for applications will DO opened sim
ultanconsly In Europe and Am erica on the 4tl
inst, and will rcmain opon until tho evening o1
the 7th inst, and tho al]otments will be mnde as
| soon % poaBible thereafter.
| Provisional receipts (Horip) will be given fol
| the deposits, The bonds will bo furnished at as
early date as practicable against corresponding
amounts Of dye-twenty bonds, or payment in
full Should the allotment OF houds not equal
tho subscriptions, tho preliminary deposits IN
each caso will DO returned forthwith to tho ex-
tcnt OF tllo o1cess,
Wien doBircd, wp will furnish tho coin With
out commission, and malo settlement IN cur
reney, and Wil Qlao receive at ourront lnarkot
rrfco any bonds Of the United States other tAau
| lve-twonties,
| lsgnoQ) jar CooRE i Co.,
aIonToS, pLrss i Co,
DnExE1, MORGAN l. Go.
New YoRK, Feb. /, 1878.
| Applications will also be received by Mosars
Lunt, Preston 4 Keau, Chicago, from whom the
| GlGnk forna may bn proour0a.