The Alleghanian. [volume] (Ebensburg, Pa.) 1859-1865, 1863-12-17
u. S. 5-2O'S.

Il URY has not yet given notice of any
intention 10 withdraw this popular Loan from
Sale at Par, and until ten days notice is given,
the undersigned, "GenerGI Subscription
Agent" will continue to supply the public.
The whole amount of the Lean authorized
is Five Hundred Millions of Dollars. Nearly
-Four Hundred Millions have been already sub
scribed for and paid into the Treasury, mostly
within the last seven months The large
demand from abroad and the rapidly increas-
ing home demand for use as the basis for
circulation byNatonal Banking Associations
now organizing in all parts of the country,
Will, in very short period, absorb the balance.
Sales have lately ranged from ten 10 fifteen
millions weekly, frequently exceeding three
, millions daily, and it is well known that the
Secretary of the Treasury has ample and
unfailing resources in the Duties OF Imports
and Internal Revenues, and in the issue of
| the Interest bearing Legal Tender Treasury
Notes, it is almost certainty that he will
not find it necessary, for long time to come
to seek market for any other lcng or per-
manent Loans, THE INTEREST AND PRlN-
CIPAL OF WHICH ARE PAYABLE IN GOLD.
Prudence and self interest must force the
minds of those contemplating the formation
of National Banking Associations, well as
the minds of all 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 viii soon be
beyond their reach, and advance to a hand
some premium, was the result with the
"Seven Thirty" Loan, when il was all sold
and could no longer be subscribed for at par.
1t is a Si1 per Cent Loan, the Interest and
Principal payable iR Coin, thus yieIding ocg
Nine per Cent. per Gnnum at the present rate OF
premium on coin.
The Government requires all duties on i'm
ports to be paid in Coin; these duties have
for long time past amounted to over
~
nearly three times greater than that required
in the payment of the interest on all the 8
20's and other permanent Loans So that il
is hoped th at the surplus Coin in the Treas
ury, at no distant day, will enable the United
States to resume specie payments upon all
liabilities.
The loan is called $40 from the fact that
whilst the Bonds may run for 30 years yet
the Government has right to pay them OF
in Gold at par, at any time after years.
The interest is paid half-yearly, viz; On
the first days of November and May.
Subscribers can have Coupon Bonds, whicl
are payable to bearer, and are $50, SlOV
$500, and 81 900; or Registered Bonds o.
same denominations, and in addition, S5,OVo
and $4,000. For Banking purposes and 10.
| investments of Trust-monies the Registered
Bonds are preferable.
These 520's cannot be taxed by 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 lncom0
| of the holder exceeds Six Hundred dolials
| per a1num all other investments, suen q
income from Mortgages, Railroad Stock anu
| Bonds, etc., must pay from three'to hVe p''
| cent tax on the income.
Banks and Bankers throughout the cou9ti5S
will continue to dispose of the Bonds anus"
orders by mail or otherwise promptly a''eH-
| ed to.
The inconvenience of few days deiA! -
the delivery of the Bonds is unavoidaoie, =.
demand being so great but as interest cVns ns.
mences from the day of subscription, no "a IA
is occasioned. and every effort is being mA''
| co diminish the delay.
| Jay Cooke,
| SUBSCRIPTION AGENI,
ia S. THIRD ST., PHIL ADELfhi-A'
| Philadelphia, December 10, lSo3.