The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1898-06-25
THE NEW BONDS.
Treasury Department
..-., OfllCe Of tho Secretary,
" hrhlngton, d c June, 10, Is3s

| lfNA'AA' AA'lAl Wv
people Of the United States fo,
$500, 200, 900 of the bonds of the
3 per cent loan authorized by Tn,
act of Congress to provide way,
and means to meet war eXpendi
lures, Subscriptions will be re
ceiyed att par for Il period of thirty.
two days, the subscription being
open from this date to 3 O'Clock
p. m. on the 18th day of July.
1898. The bonds will be issued
in both coupon and registered
form, the coupon bonds in de.
nominations of $40, 500, $500.
and $1,000, and the registered
bonds in denominations of $40,
500, $500, 81, 900, 5000, and
$4,000 They will be dated
August l, 1898, and, by their
terms, will be redeemable in coin
at the pleasure of the United
States after Zen years from the
date of their issue, and due and
payable August 1, 1918.
The bonds will bear interest
at the rate of 3 per cent per an
mum, payable quarterly; tho IN
terest on the coupon bonds will be
pafd 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
payees, and mailed to their -,
dresses,
Inc .%w Nv authorizing this issue of
bonds provides that in allotting
said bonds the several subscrip-
tions of individuals shall be first
accepted, and the subscriptions Of
the lowest amounts shall be first
allotted. In accordance with that
provision allotments to all indi-
vidual 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 are received, and such
must be paid in full
at the time the subscription Is
made. If the total sum subscrib-
ed for in amounts of $500 or less
should exceed 5000, 600, 900 the
will be made according
to the priority of the receipt Of
5he subscriptions.
AIlotments on subscriptions for
over $500 will not be made
lntil after the subscription closes,
July 14th, and will then be made
nverselY to the size of the sub
the smallest subscrip-
ion being first allotted, then the
lext in size, and SO on, prefer
nee being given to individual
Persons sub8crib-
NO for more than $500 must send
n cash or certified checks to the
mountOf . per cent of the sum
Il described for, such deposit to
a partial payment, and
0 be forfeited to the United States
4 the event of failure on the sub
crlber's part to make full pay
lent for his subscription, accord
~ to the terms of the circular.
.llotments to subscribers for more
IAN $500 will be made as soon us
BON as possible after the sub
3ription closes.
In order to avoid a too rapid
bsorption of funds into the
reasury, with a possible conse-
uent evil effect on industry and
ommerce, any subscriber for
,ore than $500 will be permitted
, take his allotment of bonds in
of 90 per cent, taking
le first instalment within ten
avs after the notice of the allot-
lent, and the balance at four
1ual intervals of forty days each.
four instalments each of 20 per
mt of the bonds allotted. De-
very of bonds will be made in
lstalments as payment for them
received, and payment must in
4 cases be made in full as the
onds are taken. The per cent
eposit will apply Jon the final in
alment. Any subscriber may
av for the whole amount allot-
,d him within ten days from the
ate of the notice of his allotment.
lterest Will be adjusted from the
me of the actual payments,
neither paid in one sum or in in
ailments as permitted. Separ-
.e subscriptions from one indi-l