The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1863-12-17
I. 5. 5-2O'S


The Secretary Of the Treasury has lot yet
given notice Of any intention 70 withdraw this popu
lar Loan from Sale at Par and until ten days notice
Il given, The undersigned, a. General subscrip-
tion Agent viii continus to supply The public.
The whole amount Of The Loan authorized is Five
Hundred MILLIONS Of Dollars. Nearly Four Huu-
cred Millions have been already subscribed
for and paid inlo the Treasury, mostly within the
last seven months. Tho large demand from abroad
and,the rapidly increasing home demand for use as
the basis for circulation by National Banking AssOc
slels now organising in al parts II the country wiz
ia very short perio1 absorb the balance Sales have
l4tey ranged from ten te fifteen Millions weekly, fre
quentiy exceeding three millions daily and as il iswl
known that the Secretary Of The Treasury has ample
and unfalng resources the Duties on Imports and
Internal PeyeDues and in the irsue OF the Interest
bearing Legal Tender Treasury Notes, it is almost
certainty that be viii not ind It necessary for Icug
tine to come, TO seek market for any other long or
permanent Loans, THE INTEREST AND PRINCIPAL
OF WHICH AREPAYABLE IN GOLD.
Prudence and seR-interest must force the minds OF
those contemplating ths formation ofNatonal Rank
ing Associations as well the minds Ct al vino have
Idle money their hands, 10 the prompt conclusion
that they should lose time Ia subscribing 10 this
most popular Loan. It VIII soon be beyond thJir
reach, and advance to handsome prem um, as was
the result with the Thirty Loan hen Il was
all sold and could no longer be subscribed for par
It is a Six per cent. Loan, the Interest and
Principal payable in Cam, thus yielding over
Nine per Cent. per Annum, at the present. rate
Ofpremium coin.
The Government requires all duties on imports to
h.. uaf1 in L.. f,r ffuro
past amounted To over Quarter Of Million OF Dol
hrs daily, nearly three times greater than that
required in the payment OF the interest en- all the
POS and other permanent Loans. So that 1t Is hoped
that the surplus Coin IN the Treasury, at distant
day Will enable tue United States to ume specie
payments upon all rabiliiies.
The LOan Is called go from the fact tha whist the
Bonds may for 20 year,, yet the Government has
a right TO pay them OH in God, at par, at any time
after years
The Interest is paid half-yearly, viz on the
nrst days ofNoyembeT and May.
Subscribers can have Coupon Ponds, which are pay
able to bearer and are $50 $780, $500, and 81 900 or
Registered Bonds OF same denominato ns and in dbl
tIOr, IS Ot0 and $40 OO9 For Banking purposes, and
for Investments CT Trust The Registered Bonds
are preferable.
These 5-2ps cannot be taxed by Statos, cities
towns or counties, and the Government tax them
"a only and half per cent. the amount OF in
come, when ths income Of the holder exceeds six
Hundred Dollars per annum ; all other investments,
such as income nom Mortgages, Railroad Stock, and
Bonds, etc. must pay from three to ye per cent tax
on the income.
Banks aud Bankers throughout the country Will con
tinue 10 dispose Of the Bonds and ali orders by mall
OF otherwise, promptly attended to.
The Inconvenience OF few days delay in the de-
livery of the Bonds Is unavoidable, the demand beng
go great but interest commences from the day Of
subscription, no loss is occasoned, and every en)rt
Ia being made 10 diminish the delay.
JAY COOKE,
sURSC RIPTIoN AGENT
ia SOUTH THIRD STREET, PHILADELPHIA
Phlladelphis, November 25 1868
decI1-lm-s