Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1863-12-26
BUSINESS NOTICES.
u . s. o.

The SECRETARY Of TIE TREASURY has not
yet given notice of any intention to Withdraw
this popular Loan from Sale A Par, and un-
I'll ten days notice is given, the undersigned
as I" General Subscription Agent" will con-
tinue 10 supply the public.
The whole 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 far use as the basis
for circulation by National Banking Assooia-
tiOns now organizing in all parts eff the coun-
try, will, In very short period, absorb the
balance Sales have lately ranged from ten
TO fifteen millions weekly. fFequsn tly exceed
ing three millions daily, and as it is well
known that the Secretary of the Treasury
has ample and unfailing resources in the D1-
ties on Imports and Internal Revenues. and
in the issue of the Interest be ring Legal Ten
der Treasury Notes, it is almost certainty
that he will not find it necessary for long
time TO come. to seek a market for any other
long or permanent Loans, 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 wellas
the minds of all who have idle money on
rev should lose no time in subscribing 10
this most popular Loan. IL will soon be be-
yOnd their reach, and advance to handsome
premium. as was the result with the " Seven
Thirty" Loan. When il was all sold and could
| no longer be subscribed for at par.
IL is a six Ter Cent. Loan. the Interest and
Principal payable in Coin, thus yielding OYER
Nine per Cent. per annum at the present rate
of premium on coin.
!
! ports to be paid in Coin these duties have
for long time past amounted to overa Quar-
| ter offs Million of Dollars daily, a sum nearly
| three times greater than that required in the
| payment of the interest on all the 5 20's and
| other permanent Loans. So that it is hoped
that the SURPLUS Coin in the Treasury. at no
distant dav, will enable the United States To
resume specie payments upon all liabilities
The Loan is called $50 from the fact that
whilst the Bonds NAV run for 90 wears, vet
the Government has right TO pay them off
| in Gold at par, at any time after years.
The Interest is paid half-yearly, viz on
! the first day of November and MAY.
Subscribers can have Coupo0 Bonds, " hich
are payable to bearer, and are $50, 800.
$500 and $1,000; or Registered Bonds Of
| same denomonatiogs. and IN addition. 5000
and $40 900. For Banking purposes and for
| Investments of Trust-monies the Registered
| Bonds are preferable.
These 5-20's cannot be taxed by States. ci-
| ties, towns or counties. and the Government
| tax on them is only one and 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 income
| from Mortgages. Railroad Stock and Bonds,
etc. must pay from three to five per cent. tax
| on the income.
Banks and Bankers throughout the country
will continue 10 dispose of the Bonds and
| all orders by mail, or otherwise promptly at
tended to.
The Inconvenience of few days delay in
| the delivery of the Bonds is una soidable. Tie
demand being so greet but as interest COM
mences from the day of subscription. no loss
is occasioned. and every effort is being made
| to diminish the delay.
jar COOKE Subscription Agent.
ia South Third ST.. Philadelphia.
| Philadelphia. November 25. 1863. 1913
Mr.. VAN STEESwYK, President of the Rata-
Wan Bank, La Crosse. Is agent for this part of
the State. at whose Rsnk Bonds may be or
dered or had al all times.