Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1863-12-15
u. S. 5-2VS.

THE SECRETARY OF THE
4 TREASURY has not yet given notice Of any in
par and until days notice Is given, the under
sigaed. General Inscription Agsnt,' will con-
The whole amoun. OF the Loan authorized Is Five
HUNDRED Millions of Dol, ,ATs. Nearly -four Hundred
Millions have been already subscribed for and raid
into the Treasury, nOziIy within III last seven
N nth5. The large demand from abroad. aud the
rapidly Increasing home demand for nse as the bssls
FOR circulation by National BANKING Associations
now organizing in all parts Of the country will in
very short period, sbs5rb the balance SAILS have
latsly ranged from ten to fifteen ions weekly, ire
lu-ntly exceeding three millions daily, and as it Is
well Known that the secretary o. the Treasury has
amp'e aud GntAtlng resources IN The Duties OF I'm
EOrt- internal Revenue. and IN the issue Of the
intcrtss b-hring Lsgsl Tender TresuTy Notes. It is
almost tsniy that he will not md it necessary
for long time to come, to seek msrket for any
other long o. ornament Losns, the lntereaT and
Principal Of which are payable IN gold.
Prudanee and self intsrfst must force the minds Of
thcss plating the formation OF hRtcDal Bank
ig Associations, Eeil the minds Of all who have
ID money their hands, 10 the prompt conclusion
that ihey should lose no time IN subscribing TO this
most popular Loan IL will soon be beyond their
reach, ana advance to a handsome premium, as was
the result with the Seven Thirty" Loan when II
ali sold and could no longer be subscribed for
1f1s A SIX PER CENT. LOAN, rsE INTEREST AND
PRINciPsL PAYABLR IN toIE, THUS YIEEDiNa oyKR
RIHE PER CEAr PER AEKUM at the present rate Of
me Government requires all duties en- imports to
be p1id 10 Coin; these duties have tor long time past
amounted to over Quarter Of Mill,on Of Dollars
daily sum nearly thTes t'nes grea.e than that re-
Qured 10 the payment Of theinterest on alI the 52s
and other permanent Loans So that is hoped that
the surplus Coin Ia the Treasury, distant day,
will enable the United States 10 resume specie pay
ments upon all liabilities.
The Loan is called ~ from the fact that whilst
the Bonds may for 20 years yet the GOverhu ent
has right to pay them of in I'D st par ct any time
THE iSTEKEsT Is PAID HALF-YEARLY. viz;
on the first days Of November and May.
Subscribers can have Coupon Bonds, which are
payable 10 bearer and $50, $780, $500 and $1,000
or ne negistered bonds of saus denomina ions and in
addition, a5000 and $1,000 For Banking purposes
ID for investments Of Trust monies the hegiAIered
Bonds are preferred
These 5-1gs cannot be taxed By States, Cf,ies.
Towns or CouD les, and he Government tAx on them
Is only and a-hslf per cent the amount of in
come, when the income OF the holder exceeds Six
Hundred Dollars Fer annum; all other investments,
such as income from Mortgages, RsilrOad stock and
Bonds, etc, must pay from three to i've per
on the income.
Babks aud Bankers throughout the Country will
continue ditpuss of the Bonds. and ali ordered by
mail, or otherwise, promptly attended to.
The Inconvenience or Iew days delay in the de-
livery Of the Bonds Is unavoidable the demand be-
ing great but a. interest commences from the day
OF subscr ptOn, loss 10 OccasfOned, and every eff
fort is being made 10 diminish the delay.
JAY COOEE.
SUBSCRIPTION gent,
ia South 3d-St., fhiladephia.
PhfIadelphia. Nov. q, is63. dec4-'2 y