Union County star and Lewisburg chronicle. [volume] (Lewisburg, Pa.) 1859-1864, 1863-12-22
u. s. 5-20's.

The Secretary Of the Treasury
| has not vel given notice oil any intention ~
Withdraw this pop0Iar Loan from sale al par,
! and. until ten days notice is given. the un-
drrsisoed, as "General Subscription Agent,
will continue to supply the public.
The whole amount of the loan authorized
;x Five Hundred Millions of Dollars. Nearly
| Pour Hundred Millions have already been
| subscribed for and paid into the treasury
mostly within the last seven months. Inc
| large demand from abroad, and the rapiaiy
ncreaslng home demand, for use as the basis
for circulation by National Banking Associa.
tons now organizing IN all parts oil the coun.
uy, will, in a very short period, absorb the
| balance Sales have lately ranged from ten
TO fifteen millions weekly, frequently exceed
ing three millions daily; and as II is we'll
known that the Secretary Of the Treasury has
ample and uniaiiing resources, IN The duties
on imports and internal revenues, and in the
issue Of the interes l-bearDg legal tender
Treasury Notes, il is almost certainty that
he will not find II necessary. for long time
to come, TO seek a market Tor any other long
or permanent Loans, The intere~t and pnnci.
pal If which are payable IN goldt
Prudence and self-inierest must force the
minds Of those contemplating the formation
of National Banking Associations, as well as
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. Ii will soon be beyond
their reach, and advance to handsome pre-
MUM, As was The result with the "Seven
Thirty" Loan, when II was all sold and coud
no longer be subscribed for at par.
Y-ft is a SIX per cent, Loan, the interest
and principal payable in coin, (thus yielding
over nine per cent. per annum al the present
rate OF premium on COM
The Government requires all duties on i'm
ports to be paid in COIN : these duties have
for long time past amounted 10 over
quarter of million OF dollars daily, sum
nearly three times greater Than that required
in the payment OF the nierest on all the 5-2o's
and other permanent Loans. SO that II IS
hoped that the surplus Coin IN the Treasury,
al no distant day, will enable the United
States TO resume specie payments upon all
liabilities.
The Loan is called 90 from the fact, that,
whilst the bonds may run for 20 years. yet
the Government has a right 10 pay them off
in gold, al par, al any time after years.
The Interest is paid haif-yearly, viz; on
the FIRST days of November and May.
Subscribers can have Coupon Bonds,
SlOO, $500, and $1,000; or Registered Bonds
Of same denominations, and in addition,
$4,000 and $4,000. For banking purposes,
and for investments Of Trust.monies, the
Registered Bonds are preferable.
These 5-2U's can not be taxed by States,
cities, towns, or counties. and the Govern
ment TAX on them is only one-and-a-half per
cent, on the amount Of income, when the
income Of the holder exceeds six hundred
dollars per annum. All other investments
such as incomes from mortgages, railroad
stock and bonds, ETC.. must pay from three
10 hve per cent. on the income.
Bank and Bankers throughout the country
will continue to dispose Of the Bonds /; and
all orders by mail, or otherwise, promptly
attended TO.
The Inconvenience of few days deiay IN
the delivery of the Bonds is unavoidable, the
demand bei1 g So great but. as interest COM
mences from the day Of subsc uption, no loss
is occasioned, and every eIior, is being made
TO diminish delay. JAY COOKE,
SUBSCRIPTION AGENT.
ia Soiuh Third Street, Philadelphia
Philadeiphia NoSrmber 25 1863.