Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1863-12-15
u. s.. 5-2o's.

The Secretary ef The Treasury has
not yet given notice Of any Intention to withdraw this
popular Loan from Sale at Par and until ten days
tics Is givep, the undersigned, as General Sub
scription AGENT" will continue to supply the
public.
The whole amount OF the Loan authorized 10 Five
Hundred Millions Of Dollars. Nearly Four
Hundred Millions have been already
subscribed for and paid into the
Treasury, mostly within the last seven months.
The large demand from abroad, and the rapidly In.
creasing homo demand for the basis for crula
ton BY National Ban hing Associations now organizing
10 all parts Of the country will in very short period,
absorb the balsne. Sales have lately ranged from ten
to fifteen millions weekly, frequently exceeding three
millions daily, and II 10 we'll known that the Secre.
taryo the Treasury nai ample and unfalrg resources
In the Duties Imports and Internal Revenues, and
in the issue Of the Interest bearing Legal Tender Treas
ury Notes. It 10 almost certainty that he will not nd
It necessary, for long time to come, to seek marke
for any other long or permanent Loan, TIE INTER
EST AND PRIN cIPAL or WHICH ARE PAYABLE
IN GOLD.
Prudence and self interest must force TIE minds OF
those contemplating the for patlon Of National BinkiOg
Associations as well as the minds Of all who have idle
money their hands, to the prompt conclusion that
they should lose time In subscribing to this most
popular Loan. It will be beyond their rea h and
advance to handsome pre- MUM, as was the result with
the 'seven Thirty" Loan. when II was all sold and
oonld no longer be subscribed fer at par.
1T Is A FIX PER GENT. LOAN, THE INTEREST
AND PRINCIPAL PAYABLE IN COIN, THUS
YIELDING OVER NINE PER GENT. PER ANNUM
at the present rate Of premium on cein.
The Governmt req ures ell duties on imports to be
paid In Coin; these tuties have for long time past
amounted 10 over Quarter Of Million Of Dollars
daily, nearly three times create er than that re-
quIed the payment Of the interest on eli the 52O's
and other permanent Loans. So that 10 hoped that
the surplus Coin In the Treasury, at no distant day
will enable the United States to resums specie pay.
ments upon all liabilities.
The Loan 10 called 20 from the fact that whilst
the Funds may run for 90 years, Jet the Government
has right to pay them Of in Gold at par, at any time
after years. ~
THE INTEREST Is PAYABLE HALF.YEARLY,
viz on the hr.t days Of November aud May.
subioribers have Coupon Bonds, which are paya.
BILE to bearer, and are $50 800, $780, and $1,000; or
Registered Bonds Of same denomination, and in addi-
tion s5 600 and sl0 900. For Banking purposes aud
for lvestments Of Trust monies the Registered Bonds
are preferable. rttes.fstHn
These 52Os cannot be taxed by States citl e. towns
or countless and the Government tax on them Is only
one and a.balf per cent, on the amount Of income
when the income Of the holder exceeds Six Hundred
dollars per anpum; all other investments such as in.
come from Mortgages, Railroad Stock and Bonds, etc.
must pay from three TO ave per cent. on the income
Banks and Bankers ghout the cou try will con.
tnue to dispose Of the Bonds; and all orders by mail
or otherwise, promptly attended to.