Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1863-12-14
u. s. 5-2VS.

THE SECRETARY OF THE
Il TREASURY has not yet given notice Of any iu-
tention to withdraw this popular Loan from sale at
par and until ten days notice Is eiven, the under
signed IS General INSCRIPTION Agent" viii con-
The Whoie -moun, OF the Loan authorized Il Five
Hundred Millions Of Dol ars- Neariy -Four Hundred
Millions have been already subscribed for and Faid
into the Treasury. Hosily within ths last seven
rapidly increasing home demand for the basis
for circulation by National Ranking Associations
now organizing in al paris Of the country, will, in
very short period, absorb the balance. Sales have
lately ranged from ten to fifteen ons weekly, ire
quantly exceeding three millions daily and IL Is
we'll known that tue Secretary OF the Treasury has
ample and aufatling resources ia the Duties Of I'm
ports ami Internal Revenue aud in the issue of the
Interest bearing Legal Tender Treasury Notes It is
almost certainty that ne viii not hnd IL necessary,
for long time TO come, to seek ma, ket for any
other long o. rmanent ioans, ths lntereAt AMI
Principal Of which are payable in GUILD
Prudsnee and self interest must force the minds CT
thoss ccntempa ing the form ation Of natonal Bank
ing Associations IS well as the minds Of all who have
id money on their hands, TO the prompt conclusion
that they should lose no time 10 subscribing 10 this
most popular Loan 1t will soon be beyond their
Ieseh, sn1 advance 20 hand.eme premium as was
all sold and could no longer be subscribed for at
par.
PRIKCiPAL PAYABLE IN tOIN, THUS YIELDlN5 OvEE
nine PER CEsT PER AEEUM at the present rate ok
T6e CoveTnment requires all duties On imports to
be paid In Coin these duties have long past
amounted to over Quarter Of q Million OF Dollars
daily sum nearly three times greater than that
0uired in the payment Of the interest all the 50s
and other permanent Loans So that IL hoped that
the surplus Coin In the Treasury, distant day,
will enable the United States resume specie pay
ments upon all liabilities
The LIsan Is called % from the fact that whilst
the Bonds may rua for 20 years yet the Government
has right pay them on in GJd at Par, al any time
after i've years.
THE tSTEHEST IS PAID HALE-YEARLY, viz:
on the first days OF November aud May.
Sub-cr. bers can have Coupon Bonis, which are
psvaple to bearer and $50, 500 $500 and sl0JO
or registered Ond4 Of same denOmins ions, ana in
adlition 5000 and $1,000. For Banking purposes
aid for nves neents OF trust moaios the Registered
Bonds are preferred
Towns or OouDties, and he Governments tax on them
4 only one and A-haf per cent on the amount otin
come when The income Of the holder exceeds elk
Hundred Dol Rrs yer annumi sll other Investments,
sucb as income from nOrtgsgas, Railroad stock and
bonds etc must pay from three to i've per cent TAX
basks Sad Bauksrs throughout ihs Country VIII
continue 70 dispose Of tue Bonds and al ordered BY
mall or otherwise promptly ATTENDED to-
HE con veuisnce OF lew days delay in the de-
livery Of the Bonds s unavoidable, the damand be-
Ing - great; but interest commences from the day
of subscriptiOn loss Il Occasoned and every ef-
fort 4 being N ade 10 diminish the delay.
JAY CUOKE,
Subscription gent,
ia South Sd-St, fhils6elphia.
Philadelphia. Nov. Is. 1903. dec4- 29