The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1898-06-17
TREASURY DEPARTMENT,
OFFICE OF THE SECRETARY,
WASHING TON. d. c., June l3. 1898.

WAsHINGT TON D. c., June 49, 1893
The secretary of the treasury invites sub
scriptions from the people of the United States
| for S2000J0,O01 of the bonds of the three
| per cent. loan authorized by the act
of congress approved June 13. 1S9S Sub.
scriptionS will be received at par for
period of 80 days, the subscription being open
from this date to three O'Clock p. m on the l4th
day OF July, 1893. The bonds will be issued in
both coupon and registered form, the coupon
bonds in denominations of S3O Sl0D. S5OJ and
$1,000 and the registered bonds in denomina-
tions of 30, 500, 800 Sl0J0 S5 OOJ and SIO0 600
They will be dated August /. 1898, and by their
terms, will be redeemable in coin at the pleas.
ure of the United States after ten years from
the date of their issue and due and payable Au-
gust l, 1918.
The bonds will bear interest at the rate of
per cent. per annum, payable quarterly; the
interest on the coupon bonds will be paid by
means of coupons, to be detached from the
bonds as the interest becomes due, and the in
terest on the registered bonds will be paid by
checks drawn to the order of the payeeS and
mailed to their addresses.
The law authorizing this issue of bonds pro-
vides that in ailotting sa bonds the several
subscriptions OF individuals shall BE- first ac-
cepted, and the subscriptions OF the lowest
amounts shall be first allotted. In accordance
with that provision alIotmentS to all individ-
ual subscribers will be made before any bonds
will be allotted to other than individuals All
individual subscriptions for $500 or less will be
allotted in full as they received, and such
subscriptions must be paid in full at the time
the subscription is made. If the total sum SUBJ
seribed for in amounts of $500 or less should
exceed soc. 10000, the allotments will be made
according to the priority Of the receipt of the
subscriptions.
Allotments on subscriptions for over $500 will
not be made until after the subscription Closes
July / /, and will then be made inVersely, ac-
cording to the size OF the subscription the
the next in size, and SO on, preference being
given to in ividual subscriptions. Per-
sons subscribing for more than $500 must
send in cash or certified checks to the
amount of two per cent. of the sum
subscribed for such deposit to constitute a
partial payment, and to be forfeited to the
United States in the event of failure on the
part OF the subscribers part to make full pay
ment for his subscription, according to the
terms of the circular. Allotments to SUBJ
ScriberS for more than $500 will be made as soon
as possible after the subscription closes.
In order to avoid a too rapid absorption of
funds into the treasury, with possible conse-
Quent evil effect on industry and commerce,
any subscriber for more than $500 viii be per-
lifted to take his allotment of bonds in in
stallments of 20 per cent, taking the first in
stallment within ten days after the notice OF
allotment, and the balance at four equal in
tervals of 40 days each, in four INSTALL
ments each OF 20 per cent of the
bonds allotted. Delivery of bonds will be made
in installmentS as payment for them is re-
ceived, and payment must in all cases be made
in full as the bonds are taken. The two per
cent. deposit will apply on the final installment
ANY subscriber may pay for the whole amount
allotted him within ten days from the
date of the notice of his allottment. In
terest will be adjusted from the time of
the actual payment. whether paid in one sum
or in installmcntS permitted Separate sub
scriptions from one individual, although made
from time to time, will be aggregated and con-
sidered as subscription.
The secretary Of the treasury will receive
in payment for the bonds post office
money orders payable at Washington,
D. c., and checks, bank drafts and
express money orders collectable in the cities
of New York, Boston, Philadelphia, Baltimore,
Washington, Cincinnati, Chicago, ST. Louis,
New Orleans and San Francisco. All money
orders and bank drafts must be drawn in favor
of the treasurer of the United States. The
money orders and bank checks so recei we'd will
be forwarded for collection by the department,
and as returns are obtained the sub
scriber will be credited with the amount of his
subscription as of the date of collection
The secretary will also receive in payment
for the bonds certificates Of deposit issued by
the assistant treasurer of the United States in
the above-named cities. These certificates of
deposit may be obtained from any assist
ant treasurer in exchange fer gold
coin, gold certificates standard sill
yer dollars, silver certificates, United 8 ateS
notes. treasury notes of 1890, and national bank
notes. and the subscriber will be credited with
the amount of his subscription of the date
of the certificate of deposit. The secretary
will also receive currency sent by registered
mail or express direct to the treasury depart
ment.
For the mutual convenience of the subscrib-
ers and the department q blank form of letter
to accompany remittanceS has been prepared.
and it may be obtained at the Offices of national
and state banks generally, at the several sub
treasures of the United States, at any money
order post office and at any express office.
The bonds will be dated August t. 1893, and
they will be delivered to subscribers free of ex-
pense for transportation soon after that date
as possible The bonds will be accompanied by
a check for the amount of interest due the sub
scriber from the date of his payment to August
], 1893
All remittances and other communications
relative to this loan sh 1uld be q 1dressed to the
secretary of the treasury, division of loans and
currency, Washington, d. C.
All subscriptions must be received at the
treasury department, Washington, D. c.. not
later than p. m Wcdne ;day, July II, 1898.
No subscriptions received af er that date, how
ever will be considered
L. j. GAGE, Secretary.