East Saginaw courier. (East Saginaw, Mich.) 1859-18??, 1863-12-30
]. s. 5-2O'S

TIL ncretary of theTreasury has not
yet Civ notice of any intention to withdraw
This pc lar Loan from the Sale at Par, and UNI
til ten avs notice is given, the undersigned, as,
&C eral Subscription Agents. will con-
tinu 20 supply the public.
The whole amount Of tho Loan authorized Is
Five Hundred Millions of dollars. Nearly Four
Hundred Millions have deem already sub
scribed for ard 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 Banking Associations now organic
ing in all parts Of the country, will, in n very
short period, absorb the balance Sales have
lately ranged from ten to fifteen millions weekly,
frequently exceeding three millions daily, and as
it is well known that the Secretary Of the Treasury
has ample and unfaiIing resources in the Duties
on Imports aud Internal revenues, and in the is
rue of the Interest bearing Legal Tender Treasu
ry Notes it is almost certainty that no will not
find it necessary, for long time to come, to seek
market for any other long or permanent Loans
THE INTEREST AND PRINCIPAL OF
WHICH ARE PAYABLE IN GOLD.
Prudence and selfinterest must force the minds
OF those contemplating the formation Of National
Banking Associations, as well as the minds Of all
who have idle money in their hands, to the
prompt conclusion that thoy should lose 10 time
in subscribing to this most popular Loan It
will soon be beyond their reach, and advance to
a handsome premium, as WINS the result with the
" Seven Thirty" Loan. when II was oil sold and
could no longer be subscribed for al par.
II isa Six per Cent Loan, the Interest
and Principle payable i'm Coin, thus
yielding over Nine per Cent per annum
at the present rnte of premium on coin.
The Government requires all duties on i'm
ports to be paid in Coin; thesS duties have for n
long time past amounted to over Quarter of a
Million Of Dollars daily, sum nearly three times
greater than that required in the payment of the
Interest on all the 5-20's and other permanent
Loans. So that it ia hoped that the surplus Coin
in the Treasury, at distant day, will enable the
United States to resume specie payments upon
all liabilities
The Loan is called 500 from tho fact that
whilst the Bonds may run for 20 years yet the
Government has a right to pay them oil in Gold
Mt par, at any time after years
The Interest il paid half-ycariy, viz on
tho first days Of November and May.
Subscribers can have Coupon Bonds, which are
payable to benrer and are $50, SlOO, S5OO
and Slt00 or Registered Eonds Of same denom-
onations, and in addition, $1,000 and $4,000.
For Banking purposes and for investment of
Trust monies, tho Registered Bonds are prcfera-
bio
These 5-20's cannot DO taxed by States, cities,
towns or counties, and the Government tax on
them is only one and a-haf per cent on the
amount Of income, when the income Of the holder
exceeds Six Hundred dollars per nnnum; all 9TH
or investments, such as income from Mortgages,
Railroad Stock and Bonds, etc, must pay from
three to five per cent tax on the income
Banks and Bankers throughout the Country
will continue to dispose of the Bonds; and all or
dors by mail, or otherwise promptly attended to
The Inconvenience of few days delay in the
delivery Of the Bonds is unavoidable, the demand
being so great but as interest commences from
the day of subscription loss is occasioncd, and
every effort is being made to diminish the delay
JAY COOKE,
SUBSCRIPTION AGENT,
SOUTH THIRD ST, PHILADELPHIA.
Philadelphia, November %, 1868.