

FINANCES OF THE UNITED STATES. 



403 



The following table shows how this 5-20 loan was placed, and the subsequent table shows the 

 same facts relative to the British loan of former years : 



JMBEK AND AMOUNT OF THE BONDS ISSUED UNDEK THE ACT OF JULY 17-TH, 1861, AND FEB. 25ra, 1862. 



3 year 7 3-10 per cent. loan. 



5-20 6 per cent. loan. 



RATIO OF NUMBEE OF BONDS ISSUED AND OF VALUE PEE CENT. 



* November partly assumed. 



f Total EUbucriptiuu to 6-20 loan, $310,738,100 remainder not yet issued oil March 3d, 186*. 



