Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1864-02-06
BUSINESS NOTICES.
u -. 5-2OsS

The SECRETARY OF THE TREASURY has not
vet gwen notice of any intention t0 withdraw
this poDNlar Loan from Sal,. al Par. and UIi-
I'll ten avs notice is given. the Undersigned
as " General Subscription Agent, viii con-
Time 10 supply the pubic
Th, whole amount of the Loan authorized is
Five Hundred Millions Of Dollars. Nearly
Four Hundred Millions have hren already
subscribed for aud paid into tho 1r asury.
mostly within The last Sven months. The
large demand from abroad. and the rapidly
Increasing holne demand for use a. the basis
for circulation bv N9tonal Banking Asso5ia =
tions nov organizing IN nil parts IF the conn
try. viii. in very shert period. absorb the
haIar,c. Sales have lately ranged from ten
To fifteen millions weekly. freqH nily exceed
in three millions daily. and as il is ell
known that the SECRETARY of the Treasury
la, ample and unfIiing resources in the De-
ties ON Imports and Internal Revenues. and
in the issue Of the Interest be ring Legal Ten
der Treasury Mites. it is almost certainty
that he will not fiIm! II necessary. for long
time 10 come. 10 SEEK market for any other
long or permanent Leans. the interest and
principal of which are PAYABLE in Gold.
Prudence AMI self interest must force the
minds Of those contemp plating the formation
of National Banking Associations. rs well ~
the minds of all who have idle money on
lUPH HalfsS- W ttb tbHfHSi"i iiid'
tlev should lose no time in subscribing to
this most popular Loan. ii will snon in he
ynnd their rra-h. an! adv nee To handsome
premium. az W Is the result with the 4" Seven
Thirty" Loan, whe. IL was all sold and could
no longer he subscribed for al lar.
IL is six er Cent. Loan. the Irte' est and
Principal PAYABLE in Coin. tn IS yicllinP over
Nine per Cent. per annum al the present rate
of premium on coin.
The Government requires all duties on I'm
ports TO lie paid in Coin tln 81 duties have
for long time asst amounted IL overa Omar
ter STA Million of Do lars daily, sam nearly
tire. times greater than 'hai required in the
plvmcnt of the interest on all the ) 2Js aud
,iher permanent Lots SO that it is hoped
that The surplus Coin in the Treasury at no
distant day. will enable the Unirel States To-
resume specie pa, ments upon a ] liabilities.
The Loan is called $40 from the fact that
whilst the Bonds NAV run for 90 wears. yet
the Government has right TO paw them off
ia tinll at par. at any Time after years.
The Interest is pad half-yelrlv, viz on
the first day Of November and May
Subscribers can have Coupon Ronds. which
are ravahle tn bearer. and are $50. Sl0I.
$500 aud 5000; ar Registered BIN Of
same drnnm,natiD <. ami IN addition. S50:m
and $40 0c0. For banking urp 'ses and for
investments 81 iGuSl-ifl fulcS tue hFHiStGlcu
Bonds aye preferable.
lhes' 5-20's cannot he taxed by States. ci-
ties. towns. or counties. and the Government
tax on them is anly one and half per cent.
on the amount of noon when the income OF
the holder exceeds Six Hundred doll"rs per
annum all other investments such as income
from Mortgages. Railroad Stock aud Bonds.
etc. must pay from three TO five per cent. tax
on the inc me.
Banks and Bankers throughout the country
will coYt,nue Ia dis ose of the Bonis and
al orders by NAL or otherwise promptly at
tended To
The Inconvenience of a few DAYS delay in
the del very of the Bonds is una -oidahe. the
demand being z eel /; but as interest conn
mences from the day of subscription. no loss
is accustomed. aud every effort i being made
TO diminish the delay.
JAY Cooke. Subscription Agent.
i IA south Third ST.. Philadelphia.
Philadelphia. November %. 1863. 1928
Mr.. VAN STEExwYK. President of the Bata-
Wan Bank, La Crosse. Is agent for this part of
the Stat. al whose Bank Bonds may be or
dered or lad at a times.