Proposals for a loan.

TREASURY DEPARTMENT, March 22, 1861.

Sealed proposals will be received at this department until 12 o'clock noon of Tuesday, the 2d day of April next, for eight million dollars of the stock of the United States, to be issued under the act of Congress of the 8th of February last.

This stock will bear interest at the rate of six per cent. per annum, payable semi-annually on the first days of January and July in each year, and will be reimbursable in twenty years from the first day of January last.

The proposals should be indorsed on the envelopes, "Proposals for loan of 1861," and be addressed to the "Secretary of the Treasury, Washington, D. C." They will be opened and decided at the time above stated.

No offer can be accepted for any fraction of one thousand dollars; nor will any offer be considered unless one per centum of its amount is deposited with a depositary of the United States, subject to the order of the Secretary of the Treasury. The certificate of such deposit must accompany each proposal. All offers for stock under this notice must be unconditional, and contain no reference to any other offer. The offers must state the sum offered for each hundred dollars of the stock.

Bidders for this stock, whose offers shall be accepted, must deposit the amount offered and accepted with the Treasurer of the United States, or with the assistant treasurer at Boston, New York, Philadelphia, and St. Louis, or with the depositary at Cincinnati, on or before the fifteenth day of April next. Should any successful bidder desire to deposit at any other point, his request to that effect will be duly considered.

Upon the receipt at this department of certificates of deposit with the depositaries above-mentioned, certificates of inscribed stock will be issued to the successful bidders or their assigns in sums of one thousand, five thousand, and ten thousand dollars at their option. Inscribed stock so issued will carry interest from the date of the deposit of the money as above stated, and will be transferable on the books of the treasury, agreeably to the regulations of the department. Should any successful bidder desire certificates of stock with coupons of the semi-annual interest thereon attached to each certificate, they will be issued in sums of one thousand dollars each, with attached coupons for interest from the first day of July next; and such coupon stock, instead of being transferable on the books of the treasury, may be assigned and transferred by the mere delivery of such certificates. The interest on such coupon stock, from the date of the deposit of the money therefor until the first day of July, will be paid on that day to the accepted bidder or his attorney by the depositary with whom the principal was deposited.

The preliminary deposit of one per centum required from all bidders under this notice will be included in the final deposit of principal by successful bidders, and will be directed to be immediately returned to unsuccessful bidders.

S. P. CHASE, Secretary of the Treasury.