Evansville daily journal. (Evansville, Ind.) 1863-1866, 1863-12-14
NOTICE.
Ut. 8. 5-2(D's.

! HNHE SECRETARY OF THE TREASURY
Il has not yet given notice of any intention to
| withdraw this popular Loan from sale at par and
until ten days notice is given, tho Undersigned as
General Subscription Agent" will continue to
supply the public.
Tho whole amount of the-loau authorized Is r. W
hundred millions of dollars. Nearly four hundred
millions have been already subscribed for and paid
| into the Treasury, mostly within the last seven
| months The large demand from abroad, and the
| rapidly increasing home demand for use as the
easis FOR circulation by National Banking Associ-
atoms now organizing in all parts of the country,
will, in avery short period, absorb the balance
Sales have lately ranged from ten to fifteen mil
lions weekly, frequently exceeding three millions
daily, and as it is well known that the Secretary
ofthe Treasury has ample and unfailing resources
| in the Duties on Imports and Internal Revenues
and in the issue of the interest bearing Legal Ten
der Treasury Notes, it is almost certainty that
he viii not find it necessary, for a long time to
come, to seek market for any other long or per-
manent Loan, the Interest and Principal of
which are payable in GOLD.
Prudence and self interest must force the minds
of those contemplating the formation of National
Banking Associations, as we'll the minds of all
who have idle money on their hands to the
prompt conclusion that they should lose no time
n subscribing to this most popular Loan. 1t viii
| soon be beyond their reach, and advance to a
handsome premium, as was the result with the
''Seyen-Thirty Loan, when it was all sold, and
could no longer be subscribed for at par.
1t is six per cent. Loan, tn Interest and Prin-
cipal payable in COIN thus yielding over nine per
cent. per annuu, at the present rate of premium
on coin.
The Government requires all duties on imports
to be paid in coin; these duties have, for a long
| time past, amounted to ever Quarter Of Mil
| lion OF Dollars daily, sum nearly three times
greater than that required in the payment of the
interest on all the 5-20's and other perm auent
Loans. So that it is hoped that the surplus Coin
in the Treasury. at distant day, will enable the
United States to resume specie payments upon all
its liabilities.
The Loan is called $40 from the fact that whilst
the Bonds may run for twenty years, yet the Gov
has oh tn ma ham of fr,( Gold ct
par. at any time after five years.
The interest is paid half yearly, viz On the first
days of November and May.
Subscribers can have Coupon Bonds, which are
payable to bearer, and are $50, 500, $780, and
$1,000: or Registered Bonds in same denpmina-
tions, and in addition IS, 200 and $4,000. For
Banking purposes, ana for investments of Trust
moneys, the Registered Bonds are preferable.
These 5-20s cannot be taxed by States, cities,
towns, or counties, and the Government tax on
them. is only ono and a-half per cent, on the
amount of income, when the income of the holder
exceeds six hundred dollars per annnm; all other
investments, such as income from mortgages,
railroad stock and bonds, ETC., must pay from TO
per cent. tax tho income.
Banks and Bankers throughout the country
will contnue to dispose of the Bonds; and all or
ders, by mail or otherwise, promptly attended to.
The Inconvenience of few days delay in the
delivery Of the Bonds isunayoidable, the demand
being great; but as interest commences from
the day Of subscription, loss is occasioBed and
every effort IS being made to diminish the delay.
JAY COOKE,
- isfas .asi SUBSCRIPTION AGENT,
ia SOUTH THIRD ST., PmLADKLPHIA
Philadelrlis, Nov. 25 1868.
BE- The above Bonds are for sale Mt
par at the Branch Bank I'm sums to
suit purchasers.