The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1864-02-04
u. s. 5.2O'S.

~ ~ Y "
THE sEcRErsRY OF rHx TREASURY has not yet given
notice of any intention to withdraw this popular
Loan from sale at Par, and uutl ten days notice 10
given, the undersigned, as General Subscription
Agent" win continue to supply The public.
Hundred Millions Of Dollars Nearly -Four Hun.
deed Millions haze been df'ead subscribed for and
paid into the Treasury, mostly within the last
rapidly increasing home demand for the basis
for chou ation by National Banking Associations
now organizing in al parts Of the country viii, in
very short period, absorb the balance. Eales have
lately ranged rom ten to fifteen millions weekly,
frequently exceeding three millions daily, and Il
Is well known that the Secretary the Treasury has
ample and unfailing resources In the Duties on In
ports and Internal Revenues, and the issue Of the
Interest bearing Legal Tender Ire asury Notes. II 10
almost certainty that he will not and Il necessary
for long time to come, to seek market for any 9TH
er long or permanent Loans, THE lSTEREST AND Pain
CIPAL OF WHICH ARE PAYABL. IN GOLD.
Prudence and self-int must force the minds OF
those contemplating the formation OF National Bank
ing Associations, well as the minds Of all who have
idle money their hands, to the prompt conclusion
that they should lose no time In subscribing to this
most popular Loan. 1t will soon be- beyond thei =
reach, and advance to handsome premium, WAS
the result with the tSeven Thirty" Loan, when Il
was all sold and could no longer be subscribed for
at par.
ID Is rper Cent Loan, the Interest and p,iaci.
pat payable IN Coin, thus yielding Nine per
Cent per annum at the present rate Of prem um on
coin. The Government requires al duties on i'm
ports to be paid In Coin these duties have for long
time past amounted to over Quarter Of Million OF
Dollars daily, sum nearly three times greater than
that required In the payment Of the interest ell
the 5-zOs and other permanent Loans. So that IL Ia
hoped that the surplus Coin in the Treasury, at
distant day. will nabe the Unitei States to resume
specie payments upon all liabilities
The Loan Is called $50 from the fact that viii st the
Bonds may run for 20 years yet the Government has
right to pay them OF In Gold at par, at any time
after 5 years.
The Interest IL paid hasyeariy,. Wis: on the frs,
days of November and Nav.
Subscribers can have Coupon Bonds, which are
payable to bearer, and $50 $iUO $780, and ei00t
or Registered Bonds Of same denomi nations, and Ia
addition, *5 900 and $4,000. For Banking purpose,
and for investments VI Trust-moniss the Registered
Bonds are preferable.
These 520s cannot be taxed by STATE, cities tswn,
or counties, and the Government tar them 10 on
when the income Of the holder exceeds Six Hundred
dollars annum; all other Investments such as In
come from Mortgages, Railroad Stock and Bonds etc.
must pay from three TO ave per cent. tax on the IN
| come. Banks and Bankers throughout the country
will continue TO dispose Of the Bonds and all or
ders by mail, otherwise, promptly ate nded to
/ Ths convenience Of few days delay In the de-
livery Of the Bonds Is odable the demand bein,
so great; but as interest from the day o
subscription, no loss 10 occasioned, end every s6or
| 10 being made to diminish the delay. n.
JAY COOKE, Subscription Agent,
Dec. "a, 1868.
Bonds furnished at par by VIZ
Thompson & Co.. Bankers, Keokuk, Agent.
for 500 Loan.