The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1863-12-17
]. S. sos.
The Secretary of the Treasury has not

The Secretary of the Treasury has not yet
given notice otany intention TO withdraw this
popular loan from sale at par, and until ten
days notice is given, the undersigned, as Gen.
erai Subscription Agent" will continue to sup
ply the pubic.
fhe 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
for the basis for circulation by National
Banking Associations now organizing in all parts
of the country, will, in very short period, alb
sorb the balance. Sales have lately ranged from
ten to fifteen millions weekly, frequently ex.
ceeding three millions daily, and as it is well
known tina! the Secretary of the Treasury has
ample and unfaiing resources in the Duties on
Imports and Internal Revenue, and in the issue
of the Interest bearing Legal Tender Treasury
Notes it is almost certainty that he will not
| find it necessary, for q long time to come, to
seek market for any other long or permanent
| loans, THE INTEREST AND PRINCIPAL or Wick
| ARE PAYABLE IN GOLD.
Prudence and self-interest must force the
minds of those contemplating the formation of
National Banking Associations, as we'll as the
minds OF oil 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 it
was all sold and could no longer be subscribed
for at par,
It is a six per cent loan, the interest and
prlaeipal payable in coin, thus yielding over
nine per cent. per annum at the present rate OF
premium on coin.
The Government requires all duties on i'm.
pofts TO De paid IN com these duties have for .
Ion time past amounted to over . quarter Of .
million dollars daily, sum nearly three times
greater than that required in the payment of the
interest on the G. 20 Is and other permanent losn.
| So that 1t ia hODed that the nj in tbo
Treasury, at no distant day. will enable the
UNITED States to resume specie payments upon
all liabilities
The Loan is called $50 from the fact that
whilst the Bonds may run for 20 years, yet the
Government has right to pay them of in Gold
at par, at any time after years.
The Interest is paid half.yearIy, viz: on
the first days of November and May.
Subscribers can have Coupon Bonds, which
are payable to bearer, and are $50. SlOO $500
and $1,000; or Registered Bonds Of same demon.
nations, and in addition, SIS, 900, and $l0,0
For Banking purposes and for investments of
trust'monies the Registered Bonds are prefera-
These 52O's cannot be taxed bv States. cities,
towns. or counties, and the Government 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 snnum;
an other Investments, such as income from
Mortgages, Rail- cad Stock and Bonds, etc, must
/ pay from three to five per cent tax ON the In.
| come. = -
Banks and Bankers throughout the country
VIII continue to dispose Of the Bonds; and all
orders by mail or otherwise, promptly attend
ed to. e.,
The inconvenience Of few days delay in the
delivery OF the Bonds is unavoidable, the de-
mand being so great; but as interest commences
from the day Of subscription, no loss 10 occa-
stoned, and every effort IS being made to dimin-
ish the delay. .EH.
..s..-.... .r: JAY COOKE,
SUBSCRIPTION AGENT,
ia souTH THIRD STREET, PHILADELPHIA
Philadslphis, November Is, 1868. r..