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Treasury Department U S a,

Richmond, Feb. 20th, 1864.
Treasury Notice as to Funding under Act of January 17th, 1864.--Notice is hereby given to all holders of Treasury notes not bearing interest that they may exchange the same immediately at the office of the Treasurer, Assistant Treasurer, or of any Depositary, for certificates which will entitle them to four per cent bonds; and that the said privilege will continue until the 1st April ensuing; after which all notes over the denomination of $5 can be funded only at 66 cents to the dollar, except one hundred dollar notes, which after that date are no longer receivable for public duss, and can only be funded at an additional reduction of ten per cent per month.

The certificates issued, together with the bonds for which they may be exchanged, are receivable for taxes of the year 1864 at the full amount expressed on the face without interest; and are not subject to the tax imposed for that year on other bonds and credits.

The short time allowed should admonish all holders promptly to present the notes, and not risk the chance of exclusion by the pressure which will occur at the end of the month of March.

(Signed,) C G Memminger,
Secretary of Treasury. fe 22--ts

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