The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1863-12-15
I. 5. SEQ

The Secretary Of the Treasury has not yet
given notice Ct any intention 10 withdraw this pOpG-
lar Loan from Sale at Par, and until ten dsys notice
is given, the undersigned, as General subscriI-
ton Agent" will continue TO supply the public.
The whole amount Of the Loan authorized Is Five
Hundred Millions Of Dollars. Nearly -Four Hun
dred Millions have been already subscribed
fer and paid into the Treasury, mostly within the
last seven months. Tho large demand from abroad
andthe rapidly Increasing home demand FOR use as
the basis for ulation by National Banking ASCOT
aliens now organizing in s parts Of the country, WILL
Ia very short period, absorb the balance Sales have
lately ranged from ten 70 fifteen millions weekly, IRE
quentIy exceeding three millions daily and ssi Is well
known that the Secretary Of the Treasury has ample
and unaiiug resources In the Duties Imports ami
Internal Revenues and in the issue OK the Interest
bearing Legal Tender Treasury Notes, it s almost
certainty that lie will not find It necessary for long
time 70 GOMEZ TO seek market for any other long or
permanent Loans, THE INTEREST AND PRINCIPAL
OF WHICH ARE PAYABLE IN GOLD.
Prudence and sef-interest must force the minds Of
those contemplating the formation ofSaiiOnsl Bank
ing Associations we'll as the minds CT al, who have
idle money their hands to the prompt conclusion
that they should lose no time in subscribing to this
most popular Loan. 1t will be beyond their
reach, and advance u handsome premium, a. was
the result with the seveu- Thirty Loan, when it was
all sold and could longer DO subscribed FOR at par
It is Six per cent Loan, the Interest and
Principal payable in csln, thus yielding over
Nine per Cent per Annum, al ths present. rate
Of premium on e.an.
The Goyernr5ent requires ell duties on imports 20
be paid in Coin these duties have for long time
past amounted TO over Quarter of Mnlion Of Dol
lars daily, nearly three times greater than that
required In the payment Of the Interest On all the
EOS and other permanent Loans So that 1t II hoped
that the surplus Coin In the Treasury at distant
day. viii enable the United States to res ume specie
payments upon ell liabilities.
The Loau is called $40 from the fact tina whist the
Bonds may RIM for 20 years. yet the Government has
Alright to pay them OF in God, at par at any Tins
after years.
The Interest is paid half-yearly, viz: Oh She
first days OF November and May.
Subscribers can have Coupon Ponds, which are pay
able TO bearer, and $50, 500, $780, and 81 900 or
Registered Bonds Of same denominations, and IN add.
tor IS 900 and $40 900. For Banking purposes, and
for Investments q Trust moneys the Registered Bonds
sre preferable.
These 6-2j's cannot be taxed BY states, cities
towns or counties, and the Government tax on them
Is only and half per cent the amount Of in
come, when the income Of the holder exceeds six
Hundred DOllara Per annum all other investments,
such az income from Mortgages, Raitrold STOCK, and
Bonds etc, must pay from TIRES % I've PEI cent tax
on the Income. -
Banks and Bankers throughout ine country viii con
tinue TO dispose Of the Bonds ard all orders BY mail
or otherwise, promptly attended to.
The Inconvenience of few days' delay 10 the de-
livery Of the Bonds Is unavoidable, the dsaud being
so great but as interest commences from the day Of
subscription. loss Is Oecasioned and every Effort
"a being made to diminish the delay.
JAN COOKE,
SUBSCRIPTION AGENT,
ia SOUTH THIRD STREET, PHILADELPHIA.
Philadelphia, NoYember 25 Iss3.
decl0-1m-s