North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1863-12-09
U.S.55.2()'S

The secretary of the Treasury has yet Civ
en- notice Of any intention to withdraw this Topul
- Loan from Sale at Par, and until ten days nnfie l.
ciren. the Undersigned, "GeHeFai Suhscrip-..
tfon Agent" will continue: 10 supply the public "
The whole amount of the Loan authodzeiis Five
Hundred Millions of Dollars Nea " Four III ~
dred Millions have been already subscribed
for and raj into the TREASURY. mostly
within the last seven months The large demand
from abroad. and the rapidly Increasing home de-
mani for useas the basis for circulation by Nat"n-
nj Banking Associations Organizing in all parts
IL Al eonntrv will in cry short period, absorb the
bpla,ee Sales have lately ranged from ten to fifteen
millions eekly, tr'quently exceeding three millions
dsitv and il is well known that the Secretary of the
Treasury has ample and unfiiIiug in the Du
ties on Imports nj Internal Revenues aniy in the
issue OF the Interest bearing Lega Ten Ter Treasury
notes. it is almost certainty that he Will find it
necessary, for long time to come seeka market
for any other long or pernianent Loans, THE IN
lTEREST AND PRINCIPAL OF WHICH ARE
PAY ABLE IN GOLD. .., .rn
a- Prudence I'd sell interest must force he minds or
those contemplating the formation Of national Bank
ing Associations as we'll rs ;he minds IF all who
have idle money in III ir han Is, to the irompt c'n
cuson tn It they sh ud loose time in subs ri ingt,
this most popular 1t will sonn be beyond their
resch and advance to a haulsGme premium. as was
- the result with the Seven Thirty Loan, when il
was all sold and could no longer be subscribed for
at par ..
1T Is A SIX PER CENT LOAN the interest
al Principal PAYABLE IN, COIN. thus yielding
NINE PER CENT. PREMIUM at the present
rate Of premium coin. .. .l
4. The Government requires all tutcs on imports 10
be paid in Coin; these duties have for irng time
pas, ,amouned To over Quarter OF MilIiup Of dol
lars daily, nearly three times greater than
that -equired in the plvment of the interest on al
the 5-20s and other permanent Loans. 81 that it
is heped that the surplus Coin in'lhe Treasury.
distant dl will enable tn, 6nite States 10 rcsumr
specie payments upIn all liabilities.
The Loan is calle / 5-20 from the fact that whlls
the Furls my run for 20 years vetthe Govcrnne
has right TO ply them off in Gold at par, at any
time aftsr FIVE years.
te The Interest is paid ha,f-yeariy,. viz: on
first days Of Novemher and May.
Subscribers can have upon Rnn1s, which IRE pay
able to be rrcr and are $50, $500, anil 3lUQ0; 0
Registered Bonds of same depamua,raus ani il !
diton ,S5 600 and $4,000 For Blukin purposaN
Bonds preferable.
These 5-20s Cannot lie taxed hy States ci1lcs
towns or eounes, aui the Government tax OR them
is only one-an! half per cent on the amount of,-
come, when the income of the boiler exceeds Six
Hundred dollars per aunum; all other Investments
such rs income from Mortgages, Railroad Stock and
Bonds, etc. must pay from three to five per cent tax
the income .. ...
Barks anl Bankers throughout the Country will
continue dispose Of the Bonis; AMI all orders by
mail or otherwise. promptly alicn ei to.
The Inconvenience of few days delay in the de-
livery of The Bonds uuavoi liable III, demand heinz
great hut as interc,t commences from the day Of
subscription n no loss is ocra>onel AMI every eff
is being maio to diminish the delay
}. COOKE.
SUBSCRIPTION AGENT,
ia SOUTH TUIRD STREET PHILADELPHIA
F.. ?. I,