The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1863-12-19
I. 5. 5-2O'S

The Secretary Of the Treasury has not get
given notice fanny intention to ziihdfaw this popu-
lar Loan from Sale at Par and until ten days notice
is given, the undersigned, as General subscrip-
ton Agent" viii contiD1e TO supply the public
The whole amount Of the Loan authorized is Five
Hundred Biilions Of Dollars. Nearly Four Hun
dred Millions have been already subscribed
fer and paid iuJo the Treasury. mostly giilin che
lastseVen months. TIE large demand from abroad,
and,the rapidly increasing home demand Tor use as
the basis for circulation by Ma ional Banking Associ.
atieas Organizing in ali parts q the country T
Ia very short period, absorb the balance sales have
lately ranged from ten to fifteen Millions weekly ire-
quently exceeding three millions daily and as it WI.
known that the Secretary Of The Treasury has ample
and uDialing in the Duties on Imports ard
Internal Revenues, and in The ssue OF the Interest
bearing Legal Tender Treasury Notes, il is almost
certainty that he will not find it necessary, Tor bong
time 70 come, 10 seek market for any other long OF
permanent Loans, THEINTEREsr AND PRINCIPAL
OF WHICH AbEPAYABLE INsOLD.
Prudence and selfinteTest must force the ruadg Of
those contemplating tho formation National Bank
ing Associations, as well the minds oi al who have
idle monty on their hands to the prompt conclusion
that they should lose time in subscribing 10 this
most popular Loan. 1t viii soon be beyond their
reach, and advance to handsome premium, as was
the result with the seven Thirty Loan - when was
all sold and could nc longer he subsc ibel Tor at par
It is Six per eeat. Loan, the Interest and
Principal payable In Gem, thus yielding over
Elne per Cent. per Annum, at the present rate
Of premium on coin.
The Government requires all duties on imports to
be paid in Coin these duties have for long time
past amounted 10 over Quarter of Million 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 it is hoped
that the surplus Ccin in the Treasury at 10 distant
day, viii enable the United States to res ume specie
payments upon sll liabilities.
The Loau Is called $40 from tie fact tina whilsths
Bonds may for 20 years, yet !ha Government has
aright to pay them OF in God, at par, at any time
after years.
The Interest is pad half-yearly, viz on The
first days Of November and Ma.
Subscribers can have Coupon Bonds, which are pay
able to bearer, and $50 500, $500, and 81 goo or
Registered Bonds OF same denominations and 10 a ddi-
tor, IS go and $4,000. For Banking purposes, and
forinvestnonts Of Trust moneys the Registered Bonds
are preferable.
These 5-2's cannot be taxed by States, cities
towns or counties, and the Government tax on them
IL only and half per cent. the amount Of in
conc, when tho income Of the holder exoe, ds six
Hundred Dollars per aunum; all other investments,
such as income from Nor cages, Railroad stocs, and
Bonds, ETC., must pay from three to ge per cent, tax
the income.
Banks and Bankers throughout tie country viii con
tnue to dispose Of the Bonds and al orders by NAL,
or otherwise, promptly attended TO.
The Inconvenience Of few days delay in tho de-
livery of Tie Bonds IS unavoidable, the demand being
20 great bat as interest Commences from the day Of
Subscription, loss is occasioued, and every eno,t
is being made to diminish the delay.
JAg COOKE,
SUBSCRIPTION AGENT,
ia SOUTH THIRD STREET, PHILADELPHIA.
Philadelphia, November Is 1893.
dccIO-1m-s