The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1863-12-31
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The Secretary Of I'll . IRE esury has
not YET given nottce Of any in,eu;ion to with
draw this yapf,'ar Loan from Sale at Par.
aud un..i ten ia = notice il given. the under
sighed, as GENERAL SUBSCRIPTION AGENT
will contirre to supply the public
The whole amorat Of the Loan authorized is
Five Hundred Iil,ions Of Dollars .Eserip
Foar Hundred Milton. hare been ALREADY sp5-
sc:i5es,far dHS pdsi into the TreasurY mostly
within the last seven months. The large de-
manl f. IA abroad, and the rapidly increasing
home dtn . Il for Iss as the basis fer cireus
ticn by National Banking ASSOCIATIONS now
organizing in all parts &c The country, Viii.
in very short period, absorb the balance
Sales have lately ranged from ten to fifteen
millions weekly, frequently exceeding three
millions daily, ard as il is well known that
the Secretary IF the Treasury has ample and
gnfailiEg racources in the Duties on Imports
and Internal Revenues and in the issue Of
the Interes; bearing Legal Tender Treasury
Notes, 1t is almost certainty that he will
not find it necessary, for c long time to cone
to seek market for any other long or perma
nent Loans, TIE INTEREST AND PRINCE
PAL OF WHICH ARE PAYABLE IN GOLD
Prudence aud self Interest must force the
minis Of those contemplating the formation
of National Banking Associ tons, as we'll
their hands, to the prort conclusion that they
should lose TO time in subscribing to this
most popular Loan. Ii will soon be beyona
their reach, and advance to a handsome pre-
mium, As was the result With the Seven
Thirty" Loan. when it wss all sold and could
no lon ger be subscribed fer at par.
It's 4 Six per Cent Loan. the In
terest and Principal pavahle IN
Coin. thus yielding Nine per cent.
psrannuIn at the present rate cfpreniuGi
On coin.
The GoYernmer. Requires all duties en- in
ports - no paid in Coin these duties have
for a long time past amountedto overs Quar-
ter CT Milton Of Dollars daily, q SUN nearly
three times greater than that required il the
payment CT the interest on all the 5-20s ana
other permanent Loans. So that it i. honesi
tina, the surplus Coin in the Treasury st no
distant day, will enable the United States to
tesnme specie payments upon all liabilities
The Loan is called SO from the fact that
whilst the Ponds nay run fnc 20 years vel
tie Government has right to pay them OF in
Gold Ct par, at any time after 5 years
The Interest is paid half yearly,
viz on'the FIRST day of November AMI Nav.
Subscribers can have Cupon Bonds, which
are payable 70 bearer, aud are $50, 500, $500
and $1,000 or Registered Bonds of same do
No!htUatieNs, sSl0 Ia HUuitlefL SoUt.t, aHt,
$4,000, For BANKING purposes and Tor in
vsstMen.s of Trust monies the Registered
Eonls are preferable
These 5,2as cauaot be taxed by States, eli
.es, ,oyns or couaties aaa the Governmeat
lax on thsm i only one Ard . half pss cent
on tae amount Z. income, when the income of
TIE holder exceeds six Hundred dollars ss,.
annein all other investments, sgch as ia
come from Mortgages, Railroad Stock and
Bonds, etc must pay from three 10 Eve pei
ctntstax on the income
Eanksand Bankers throughout the Coun- |
try vii continue to dispose of the bonds; |
and all orders by mail crotherwise promptly /
attended to.
The inconvenience ola few days delay IN
the deliyeoy Of the Bonds is unavoidable, tie I
demand being 50 great but 50 interest cous- |
merces from the day Of subscription no los |
oceasioued, snd every ctfo1tis being made /
diminish the delay.
JAY COpkE
SUBSCRIPTION AesSr
IA South Third Street, Philadelphia Pa.
November Is. 1859, v5n5olm !