The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1863-12-12
e. $. 5-2O'S.

THE secretar Of the Treasury has not yet given
tice OF any intention to withdraw this popular Loan
I'm, 80 ~ pa anu Ii'H zen GAYS notice is given
will continue to supply the pabic.
The whole amount Of Che Loan authorized il Five
Hundred Millions OF Dollars Nedriy -Four W,ndred
NHki0Hs hare been diyeddy ,ubsc,iJed for ami D,iJ
into tie Treasury mostly within the last seven ,nontbs
The large demand Fl, IN abr, ad, and the rapidly in
creasinc home demand for the basis FOR circ-
ltion by National Banking Associat ions now organ
izing IN all parts Of the country will in very shor.
period ab sorb the balance. Sales have lately rang.
from ten to fifteen millions weekly, frequently exceed
ing three millions daily, and it is well known
the Secretary of the Treasury has arnpe ard unfsny
resources in the Dat les Imports and Internal Rev
and the issue of the Interest bearing Legal
der Treasury Notes, it is almost certainty that he
will not find IT necessary, for long time TO ne,
seek market for other long permanent Loans,
THE INTEREST AND PRINCIPAL OF WHICH ARE
PAYABLE IN GOLD.
Prudence ard selfnterest must force the minds Of
those contemplating the formation OF National Banking
Associations, well as the minds those who have
idle money on their hands, to the prompt conclusion
that they should lose time is subscr bling to this
popular Loan. 1twili soon be beyond their reach and
ADVANCE 10 a handsome premium, the result
with the Seven-Thirty" Loan, when it all sold and
could re longer he subscribed for At par.
1t is Six per Cent Loan the Interest and PRINCIPAL
payable in Coin thus yielding over Nine per Cent. per
Annum n the presen, rate Of premium coin
The Government requires all duties on imports to be
paid in Coin these duties have for long time past
amounted TO over a Quarter OF Million OF Dollars
daily, nearly three times greater than that
quiTed in the payment OF the interest or all the 52O
nd other permanent Loans. So that it is hoped that
the surplus Coin in the Treasury, AZ no distant day,
will enat lie the United States to resume specie pa!
ments upon all liabilities.
The Loan is called $50 from the fact tina. whilst the
Bones may for 90 years yet the Government has a
right pay them of in Gold at par, al any time after
5 years
The Interest is paid half yearly viz The days
OF November and May.
Subscribers can have Coupon Bends. which pay
a be bearer, and o, $780, $500 and $1,000;
Registered Bonds Of same denominations, and in ad
dition go and 10000. For Banking purposes
for of Trust-on the Re gistered Bends
are preferable
These 2O'. cannot be taxed by States cities,
or counties, and the Government them is only
one and half per cent on the amount OF income,
when the income % tie holder exceeds Six Hundred
Dollars per annutn all other investments such in
from Mortgages. Railroad Sock ard Bonds etc
pay from tin five per cent tax the income.
Etnls and bankers throughout the country will
tinue dispose of the Bonds and all orders by mail
or oherw.s~ promptly attended to-
The inconvenience of few days delay in the deli
of the Bonds is avoidabe, the demand being
great but interest commences from Ill< Iay sub
.cripIion, loss is occasion I'd and every effort Is
being made to diminish the delay.
JAY CODKC.
SUBSCRIPTION AGENT,
III South Third Street. Philadelphia
EAMES, Allen Co, Agents,
OTTAWA H.