The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1864-02-17
5-2O'S.

THE SECRETARY OF H TREASURY has
not yet given notice of any intention to Withdraw
thls, popular Loan from Sale at Par, and until ten
days notice is given, the undersigned. as .GENER-
Al SUBSCRIPTION AGENT" will continue to
supply the public.
e4Thewhofe amount of the Loan authorized is Five
Hundred Millions of Dollars. NEARLY FOUR
MILLIONS HAVE BEEN
SUBSCRIBED FOR AND PAID INTO THE
mostly within the last seven months.
TheAlarge demand from abroad, and the rapidly
increasing home demand for use as the basis for
circulation by National Banking Associations now
organic ng in all parts of the country, will in a
very short period, absorb the balance. Sales have
htely range1 from ten to fifteen millions week1ys
frequently exceeding three millions daily, and a,
i4is we'll known that the Secretary of the Treasury
has ample and ~unfaiiing resources in the Duties on
Imports and Internal Revenues, and in the issue of
The interest bearing Legal Tender Treasury Notes,
Il is almesta certainty that he will not find it neces-
sarY, for a long time 10 come, TO seek a market for
any other long VI permanent Loans, THE TT
ESfAND PRINCIPAL OF WHICH ARE "
Z IN L
Prudence and self interest must force the minds
-of those contemplating the formation of National
Banking Associa ions, as wen as the minds of al
who have Idle money on their hands, to the prompt
conclusion that they should lose no time in sub
scribing to this most popular Loan. 1t will soon
be beyond their reach, and advance to a handsome
premium, as was the result with the .Seyen Thirty
Loan. when it ives all sold and could no longer be
TT Is A SIX PER CENT LOAN, THE IN
rEREST AND PRINCIPAL PAYABLE IN COIN,
LII MINT LII in l.. TElh
ANNUM at the present rate of premium on coin.
I4he Government requires all duties on imports
to be paid IN Coin; these duties have for q long
time past amounted to over a Quarter of q Million
OF Dollars daily, a sum nearly three times greater
than that required in the payment of the interest
on all the 5-z0's and other permanent Loans. So
thafft is hoped that the surplus Coin in the Urea
sury. at no distant day, viii enable the United
gt4tas to resume specie payments upon all habili
ties.
The Loan is callod 500 from the fact that whilst
the Bonds may run for 20 years yet the Goy-uIs
ment has . right to pay them off IN Gold at par, az
any time after q year.
TIL IS PAID
viz : on the first day of November and May.
Subscribers can have Coupon Bonds, which are
.pavable to bearsr and $50, Sl00. $500, and $1,000:
or Registered bonds of same denominations, and
in addition, $1,000 and $4,000, For Banking
PURPOSES and for Investments of Trust-monies the
Registered Bonds are preferable.
towns or counties, and the Government tax on
-thom Is only one and a half per cent, on the amt
oflncome, when the income of the holder exceeds
Six Hundred dollars per annun; all other invest
nents. such as income from Mortgages, Railroad
Stock and Bonds etc., must pay from thrEe to i've
per cent tax on the income.
Banks and Bank srs throughout the Country will
ontinue to dispose of the Bonds and all orders
b nail. or otherwise promptly attended to.
The Inconvenience Of . few days delay in the
delivery Of the Bonds is unavoidable, the demf nd
being so great ; but IS interest commences from
the day Of subscription, no loss is occazicned. and
every effort is being made TO diminish the delay.
JAY COOKE,
SUBSCRIPTION AGENT
III SOUTH THIRD STREET, PHILA.
-Deeember 9, I563-n27