Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1864-01-08
Z. s. 8. 2O'S.

| TEE SECRETARY OF TEE TREASURY hiss cot yet
given notice Of any intent 20 withdraw this pop
ular Loan from, Sale at Par. and until after ten
days notice has been given, the undersgned' IS
Agents for the Sale Of the Bonds will continue TO
supply the public.
The whole amount Of the Loan authorized s rive
Hundred Millions Of Dollars. Ne1yiy FoHr HsndTsa
Millions hase been already sabseibsd FOR and pad '-fs
the Trsasury mostly within the last seven months.
The large demand from abroad and the rapidly in
creasing home demand for IS the basis 'or orcu-
Istion by National Banking Associations, now or
gaining in all parts Of the country, will, In very
short period absorb the balance. Sales have lately
ranged from ten to fifteen millions weekly, frequent
" exceeding three millions daily and e. 1t is we'll
known that the Secretary q the Treasury has am
pie and unlailing resources in the Duties and In
ports and Internal Revenues and in the issue Of tbs
Internal Bearing Legal Tondor Tresury Notes 1t %
almost a certainty that he viii rot find necessary
for a long time b come 70 sock market for any
other long or permanent Loans, The Iaferesf a7d
FriHeiJay Of trhies Payable in GOLD
Prudence and sclf-nte est must force the minds
Of those contemplating the formation OF National
Banking Associations, as we'll a the minds Of all
who have idle money their hands, 10 The prompt
conclusion that they should lose no time IN sub
scrbing 10 this most popula- Loan. Il will coon be
beyond their reach, and vance Co a handsome
premium, "a was the result with the seven Thir-
t,n Loan. when It Was all s,l I'd and could longer
De subscribed for 81 par.
HisaSir per Ce-.t Loan, lis lateral aud PrJ.eifa
ayqs, IN Com taa, y,s ding Nins per Cent. pei
annum II the present rate o. premium OF cciu.
tfrsff.
to be paid u Coin, these duties have for a long
time past amounted to overa
OVER a QUARTER oF MILLION DOLLARS DAILY,
a -um nearly three times greater than thst re-
qulred in the payment of the interes, on all the
5-1O's and ether permanent Loeut. 50 that it is
hoped that the surplus Coin in the Treasury, at no
dstan, day will enable the Tn ted States to resume
specie payments upon al la ilities.
The Loan is called 90 from the fact that while
the Bonds may for 20 YEAR, yet the Govern
ment has a sh, TO pay them If 10 Gold, at par, at
any time after years
The fatre'f i, rad haifys7r'y, VII On the arst
DAYS Il November AMI May.
80 t-criaers can have Coupon Bonds which are
payable to bearer and are -, 500 500 and 81 ocD.
or Registered Bonds Of same denominations and in
addition, $500 and 8 00oo. For BANKING purposes
and for investments Of Trust-monies the eistered
Bonds are preferable.
These 2--Js cannot DO taxed by States Cities
Towns, - Counties and the Government tax on
them is only one and half per cent on the amount
OF income, when the income Of the holder exceeds
SIX Hundred Dollars per annum all other invest-
ments such income from Mortgages, Railroad
stock and Bonds etc, must raw from three TO Eve
per cent. on the Income.
Banks and Bankers q rouEhout the country " u
continue TO dispose the onds and all orders
sent o. -irec: hy nail othr-wi=e VII Be prompt
ly attended 70.
The IN Convenience of a few DAYS delay IN the ~
livery Of the Bonds IS al times unavoidable. the de
maHd being so sreati hut as interes; commences
from the day Of subscription, no Jos. s oceasoned,
AID every enor; is being made 90 deliver the Bonds
as promptly a. possible.