Rensselaer Union, Volume 11, Number 27, Rensselaer, Jasper County, 20 March 1879 — The Four-Per-Cent. Refunding Certificates. [ARTICLE]

The Four-Per-Cent. Refunding Certificates.

The Secretary of the United States Treasury has issued a circular calling attention to the 4-per-cent, refunding certificates of the United States to be issued under the provisions of the act of Congress approved Feb. 26, 1879, entitled “ 4n act to authorize the issue of certificates of deposit in aid of the refunding of the public debt.” A Washington dispatch gives the following particulars: Each certificate will be of the denomination of <lO, will be made nearly of the fonn and slxe of the United States note, and will bear ou its face and back tlie conditions of its issue. Such certificates will be sold lor l .wful money at pur and accruing Interest to date of purchase, by the Tieasurer of the United States at Washington and bv the s'antTreasurers at boston, Baltimore. Chicago, New York, Pfciladtlohls, Bt. Louis anl Sail Francisco, and the Treaeu.er of the United States at Washington and Assistant-Treasurer at New York will al-o receive in payment drafts in favor of themselves, rcspcc.ively, drawn on New York, winch will he collected, and the excess, if any, returned to the depositors. The Secretary of the Treasury will also accept in payment certain certificates of d--p; s a of Nation.il Bunks specially designated to receive deposits on this accounr, hut the refunding certificates will not be de.iveren until the cert fleate ot deposit issued by the bank has been paid for by a Treasury fit aft or hy deposit of a like amouut with u,e Treasurer o. some Assist?nt-Treasurei of the United States, or until United States bonds of an equal amount are substituted in their stead. Atl National Banks, upon complying with Sec. 5153, Revised- -Statutes oi the United States, are invited to become financial agents of the Government and depositories of pubi c moneys accruing from such certificates. Money received by depository banks for such certificates will remain on deposit with said banks, subje t to the order of the Treasurer of the United States, and culls for redemption of bonds will issue from time to lime, as the Secretary may direct. All banks, bankers, Postmasters and oilier public officers, and all other persons are invited to aid in placing »tiusi certificates. They can make their arrangements through the National Banks for the deposit ot the purchase money. Commissions will lie-al-lowed ou the purchase of these certificates as follows: Ou the aggregate of <I,OOO and not exceeding <10(1,000 in any one calendar month, one-eighth of 1 percent., and any amount exceeding <IOO,OOO in like period a commi-sion of one-fourth of 1 per cent, on the excess, and parties purchasing at one time <I,OOO or more ' of certificates will be entitled to receive them free of thurge for transportation. The certificates will be .ready for delivery April 1, 1579, at which date they wid begin to bear Interest, which will be; ayabie upon the conversion of the certificates into 4-per-cent, bonds. The Secretary also announces that as soon as practicable <lO certificates will be issued under this law similar in form ami upon like similar conditions to those above oesciibed, to be registered on lha books of the Tri-a-ury in the name of the owner, which name wil. also be entered on the face of the c. rtific.tte. The form of the certificate is- to be as fol-'" lows: 0 © : UNITED STATES REFUNDING CERTIFICATE. i ; 310- April 1, 1879. : : Tills certifies that the snm of <lO has been : • deposited with the Treasurer of the United : : States, under act of Feb. 26, 1879. : : James Gilfillan, : : Treasurer of the United Slates. : : G. W. Scofield, : : ~ , Register of the Treasury. ; ; Washington, D. C. : : Convertible, with accrued interest at 4 per ; . : cent, per annum, into 4-pcr-ccut bonds of the : : United Slates, issued under the acts of July : : 14, 1870, and Jam 20, 187.1, upon present*- ; ; tlon at the office of thc Treasurer of the United : : Stales. Washington, In sums ol <oo or malti- : t pliea thereof. ; a -. .ttt...... @ ‘ On the back: 0 • 0 ; Interest on this note will accrue ns follows: ; : For ifteli nine days, or 110th part of u qwlrtcf, : : 1 cent; for each quarter year, 10 cenla; for ; ; each entire year, 40 cents. • 0

A citizen Went into it Norwich (Conn.) hardware store, the other day, and inquired: “ How much do you ask for a bath-tub for a child?" “Three dollars and seventy-five cents,” was the reply “ W-h-e-w!" whistled the customer; “guess we'll have to keep on washing the baby in the coal scuttle till prices come down.” Yocng maN, be economical; shite tip your pennies and put them in the bank; then, when old age is upon you. and yon are no longer able to earn your bread by the sweat of your eye-brows, you can go to the bank—and find that the Cashier has just skipped ont for Canada. — Elmira, Gazette. ! J,f * ' c • “Will you love me when I'm mole 1 d p ” she asked. He didn't understand what she (neant, but he was honest when he. ansajeml, „ “ Course I will; I’ve got two on each leg, and one on the back of my neck—they don't hurt toothing." —Fulton Timet.