Charles City Republican intelligencer. [volume] (Charles City, Iowa) 1861-1864, 1863-12-17
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The Secretary of the Treasury has not yet given notice
Of any intention TO withdraw this popular Loan from sale
par and until ten days notice is given the dcrsgn
ed, :. tseneral Subscription Agent viii con-
tinue to supply the public
Tie whole amount of the loan authorized Is Five Hun
bred Millions Of Dollars. Nearly -Four Hundred Millions
hare been already subscribed for and paid into The Treasury,
mostly within the last seven months. The large demand
from abroad, and the rapidly increasing home demand
for use as the basis for circulation by National
Associations organizing in all parts of the country,
will in very short PERIOD absorb tho balance. Sales
have lately ranged from ten 10 fifteen millions weekly
frequently exceeding three millions daily, and as It is
well known that the Secretary of the Treasury has am
pie and unailng in the Duties on Imports and
Internal Revenues and in the issue OF the Interest Dear
ing Legal Tender Treasury Notes it Is almost certainty
that he will not find necessary for long time to come,
to seek market for any other long permanent Loans,
the INTEREST AND PRINCIPAL OF WHICH ARE PAY
| ABLE IN GOLD. -...-.. .s.---
Prudence and self interest must force the minds of those
contemplating the formation Of National Banking Associ-
atoms as well as the minds of all who have idle money
their hands, the prompt conclusion that they should
lose no time in subscribing to this popular Loan. 1t
will be beyond their reach, and advance to hand
some premium, the result with the " Sevcnihir-
ty - Loan when it was all sold and could longer be
subscribed for at par.
1t Is SIX per Cent. Loan, the Interest u
Principal payable I'm Coin, thus yie 1s,ing ov-
| Nine per Cent. per Annum, at the present
| rate of premium coin.
The Government requires all duties imports to be
paid Coin these duties have for long time past am
ouned to over Quarter Of Million of Dollars daily
nearly three times greater than that required in the
payment of the interest all the sos and other per
manent Loans so that il is hoped that the surplus coin
in the Treasury at distant day. will euable the United
States to resume specie payments upon all liabilities.
The Loan is called $40 from the fact that whilst the
bonds may for 20 years yet the Government has the
right to pay them or in Gold at par any time after
| years.
| The Interest Is paid hnlf-ycarly, viz on the
| first days Of May and November.
Subscribers can have Coupon Bonds, which are raya-
BILE to bearer, and $50 500, $780, and $1,000 or
Registered Bonds of the denominations and in ad-
dion, So 900 and sl00 600 For Banking purposes and
for investment of Trust moneys the Registered Bonds
| preferable.
These 5aOs caunot be taxed by sttss, Cities, Towns,
or Counties and the Government tax them only u
per cent on the Of income, when the income Of
the holder exceeds Six Hundred Dollars per and
all other investments, such income from mortgages,
railroad stock and bonds etc. must pay from three TO
| five per cent. tax the income.
Banks and Bankers throughout the Country will
tnue to dispose OF the Bonds and all orders by mail
otherwise promptly attended to.
The inconvenience of few days delay in the delivery
of the Bonds Is unavoidable the demand being great
but interest from the day Of subscription
loss is occasoned and every effort is being made to
| diminish the delay.
JAY COOK,
| subscription Agent,
ia South Third Street, Philadelphia.
Philadelphia, Nov. 25 1863. ys
| Bonds furnished at par for New York Exchange
| or Treasury Notes, By
DUBUQUE BRANCH STATE BANK
OF Iowa.