National Republican. (Washington City (D.C.)) 1872-1888, 1874-10-21
DISTRICT FINANCES.


THENEW FIFTY-YEAR DISTRICT BONDS
1t was one Of the pleasant things tending to
promote the business interests Of this community
when the Columbian Bank Note Company re-
oefTed the order TO print and furnish the fifty
year bonds OF this District authorized by the act
Of Congress Of June %, 1sil A portion Of the
compact, solid resources Of the company In en-
EraTers and machinery was Immediately as
signed TO the execution CT the task, and yesterday
some go, 600 worth Of the bonds were delivered,
the principal portion Of the amount going to the
me bonds ordered are in the denominations Of
$500 and ESQ. Only the first have been issued, but
aeEt week the delivery Of the 80 bonds will COM
ueEeei
DESCRIPTION OF THE BONDS.
They are printed on firm, flexible bank-note
aper. and With the attached coupons, 100 In num-
Per. the bond is Il by q inches In size. The Wig
bette is the American eagle, holding the arrows
md g laurel wreath, and printed above Il, in
aarge script letters, are the words District %
llumbia Funding Bond.n On each side Of the
eagle is a shield for the numbers in black ink.
Below the eagle In script are the words "Guaran-
teed BY the United States Of America and the
body Of the bond includes these words: This GER
tines that the District of Columbia is indebted
unto the bearer in the sum Of -, payable fifty
wears after date with interest at the rate Of 65l00
per cent. per annum, interest payable on the LIST
Of February and LIST Of August lin each year, on
presentation Of the proper coupon hefeunto an
Eress, approved June %, 1874; Washington, Au-
gust !, lS74n This Is in black color, and in the
centre, In green. is the denomination, sou" or
$3.50 - in figures. Below in the centre is q blank
for the seal Of the sinking fund commissioners.
On the LEFT Is a blank for the signature Of the
stComptroller Of the District Of Columbia, and
the words, Registered in the office Of the
Register Of the Treasury Of the United States, 7"
and blank for the signature of that ofhcer. On
Of the treasurer and secretary Of the commits
sioners Of the sinking fund. On the sides Of the
bond, in green tablets, appears, in white letter
ing, "Faith Of the United States pledged for the
payment Of interest and principal" Above and
below beautiful ge0metric work appears, in
which, the letter I'D, the denomination $500"
or ESQ" is In white figures. Surrounding the
bond is q geometrical border in black, broken on
either side by the figures 800, /" white on black
Eeometrical work; below arc the coupons, 200 on
each bond, } the figures being in green and the
border black geometrical work, the text Of each
being, THE District Of Columbia will pay
so12l< to bearer in the city Of New York, being
for ak months interest due on LIST Of February or
August, on bond No. =. Moses Kelley, treas
rureT."
The back Of the bonds are brown, geometrical
border Of that color inelOsing the body, on which
Is printed the text Of section Of the act author
king the issue, ana the backs Of the coupons are
brown, with the numbers in white.
The execution Of the work entities the Colum-
bian Bank Note Company TO great praise, and
Affords ample proof Of their ability to make as
1ne note as any company in the world.
Nj. Goyle the neWly-appointed comptroller,
has entered upon the discharge of hts duties,
He wishes Il understood that he Is not in want Of
any clerks at present The force Of clerks In the
engineer bureau and board Of audit will be soon
renueed