The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1863-12-24
j. S. sos.

The Secretary of the Treasury has not yet
given notice Of any intention TO withdraw this
popular loan ho" sale Ut par. nnd until ten
days notice is given, the unders d, Us Cen
eral Subscription Agent will continue to sur
ply the public.
The whsle amount of the loan authorized is
Five 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 basis for circulation by National
Banking Associations now organizing in AL parts
of the country, will, i'll very short period, sS
sorb the balance. sales Lave lately ranged from
ten to fifteen millions weekly, frequently *.
cecding three millions daily, and as it is we'll
known thar the Secretary of the Treasury has
ample aud nLfaling resources in the Duties on
| imports and Internal Revenue, and in the issue
| Of the Interest bcaiing Legal Tender Treasury
| Notes, it is almost a certainty that he will not
| find it necessary, FOR a long time to come, 10
seek a market for any other long or permanent
| loans, THE INTEREST AND PRINCIPAL OF WHICH
ARE PAYABLE IN GOLD.
Prudence and selt-interest must force the
minds OF those contemplating the formation OF
National Banking Associations, as well rs the
| minds Of all who have idle money on their
hands, to the prompt conclusion that they should
lose no time in subscribing to this most popular
loan. 1t will soon be beyond their reach, and
advance to handsome premium, as was the
result with the Seven Thirty Loan, when
was all SOLD and eoa!d no longer lie subscribed
for at par,
1t is six per cent loan, tire iAteress and
priacipal payable in coin, thus yielding over
nine per cent per annum at the prese Mt rate Of
premium on coin.
The Government requires all duties on M
ports to be paid in coin; these duties have for
long time past amounted to over a quarter OF
million dollars daily, sum nearly three times
greater than that required in the payment OF the
interest on the G20's and other permanent loans.
So that 1t is hoped that the surplus coin IN the
, Treasury, at no distant day. will enable tAe
United states to resume specie payments upon
all liabilities. -e 7#sr E. =
The Loan is called $50 from the fact that
whilst the Bonds may run for 20 years, yet ne
Government has right TO pay them off in Cold
at par, at any time after years.
4 The Interest is paid half.yearIy, viz: on
4 the first days of November and May.
a Subscribers can have Coupon Bonds. wsae :
g are payable to bearer, and are $50, $l0O, $5CS
t and $1,000; or Registered Bonds Of same demon
matt ons, and in addition, $1,000, and $lO ,OOO
For Banking purposes and for investments 0
trustmonies the Registered Bonds are prefers
= | BILE. s..s #-@
These 5.2O's cannot be taxed by States, cities
It towns, or counties, and the Government tax OF
a them Is only one-and-a half per cent. on tn
: amount of income, when the income Of thu
J, holder exceeds six hundred dollars per annun
8 all other Investments, such as income from
{ Mortgages, Railroad Stock and Bonds, etc, mus
d pay from three to five per cent. tax on the n
n come. -
It Banks and Bankers thrOughout the country
d will continue to dispose Of the Bonds; and o.
!, orders by mill, or otherwise, promptly attend
l. ed to.
! The inconvenience of few days delay In TIT
n delivery Of the Bonds is unavoidable, the de-
4 mand being so great; but as interest commences
s from the day Of subscription, no loss 10 Occs
e stoned, and every effort Is being made to dim'n
e ish the delay.
e JAY COOKE,
$ M.--.- a@ SUBSCRIPTION A08NT,
= III sou1n THIRD STREET, PHILADELPHIA.
= Philadelphia, November Is, 1863. ~ ~-.ss