The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1864-01-08
l. 5. 5-2O'S

The Secretary Of the Treasury has not yet
givennotice Of any intention 20 withdraw this pcPu-
lar Loan from sale at Par and until ten days notice
is given, the undersigned, a. General subseTip-
tiaa gent p viii coBtinus 70 supply She puhlic
The whole amount OF tie Loan authorized IS Five
H.udred Millions or Dollars. Nearly Four Hun
drod Millions have been already subscribed
forsnd paid iaIo tho Treasury, osily within The
lastsoyeu a anths. TIE large demand from abroad,
and TIE rapidly increasing home demand FOR use a.
the basis Tor circulation by National Banking AsSoci
alters now organising in al parts the country vii
IA very short period, absorb the balance. sales have
tsy ranged from Ten to fifteen millions weekly, IRE
Iue1tly ereeeinz three millions daily and as itsvH
snowu that the Secretary Of the Treasury has ample
a. urfAing resources in the Duties on Imports and
internal geveuues and in The Issue Of the Interest
beariBg Legal Tender Treasury Notes, It ia almost
certainty that be viii not ind !, necessary for long
time q come, 70 seek market for any other long
permanent Loans, THE INTEREST AND PRINCIPAL
OF WHICH ABEPAYABLE II COLD.
Prudence and selfinterest must force the minds o.
those contemp ting the formation ofNatonal Bank
ing Associations ss well as the minds Of ali who have
ils monay on their hands, to the prompt conclusion
that they should lose time In subscribing 70 this
most popuar Loan. It Will soon be beyond their
rsach, and advance 70 handsome premium, as was
tie result With tie Seven- Thirty Loan" when Il Was
al sold and could no longer be subscribed f0rat par.
It's Six per eelt. Loan, the IntereLt and
Principal payable in Gem, thus yielding over
Elns per Cent. per Anlum, a. the present rate
Of premium on coin.
The Government requires all duties On imports to
Dc paid in Coin these duties hsve Tor a long time
pas. amounted to over Quarter ola Million Of Dol
rs daily, ssbm nearly three timea greater than that
required ia the payment Of the interest al the
POE and otter permanent Loans. So that IT s hoped
that The garplu, Coin in the Treasury al distant
day will enlbs the United states TO rosume sPecie
Psymonts upon eli Liabilities.
The Loau s called $50 from the fact that whilst hs
Bonds may rDa for 20 year, Jet the Government hiss
Alright to pay them or in God, At par al sEy tine
after years.
The Interest is paid half-ysarly, viz on tue
first days Of November and MAJ.
Subscribers can have Coupon Bonds, which sre pay
abe to bearer and $50 800, $500, and 81 600 or
Registered BOnds or same demon nations and in dbl
tior, IS 90 and SO 900. For Banking purposes ard
Tor Investments OF Trust moneys the RegEtersd BOEGB
are preferable.
These So Is cannot be taxed By States, cities
towns or counties, and the Government tax on them
ia only one and half per cent. on the amount Of in
come, when tbs income Of the holder exceeds SIX
Hundred Dollars per annum all other investments
such s. income from Mortgages Railroad Stock, and
Bonds, ETC.. must pay from three 10 nTe per cent tax
On the income.
Banks ard Bankers throughout the country will con
tuue to dispose Of the Bonds apd al orders by mail,
or Otherwise, promptly attended to.
The iu3OnyenenSe Of \ few days delay IN the de-
livery Of the Bonds is unavoidable the demand being
great but as interest Commences from the day Of
loss is occasioned, and every effort
Is being made 10 dlmiRish the delay
JAY COOKE,
SUBSCRIPTION AGENT,
ia SOUTH THIRD STREET, PHILADELPHIA.
Philadelphia, November Is 1863
doeI0-lm-s