The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1864-02-17
UNIIED STATES 5-2Q'S !

The Secretary Of tho Treasury has not yet given
ice Of any intention 20 withdraw this popular Loan
from sale Par ana until days notice given the
gniersigaed, as BE- GENERAL SUBSCRIPTION AGENT,
vii coatiaue to supply the public
The whole Of the Loan authorized is Five Hun
lrei Millions OF Dollars Nearly Four Hundred Millions
have been already subscribed for and paii into the
treasury, mostly within the last seven mouths The
large demand from abroad, and the rapidly increasing
home demand Tor thc basis FOR circulation by Na-
tona Bsnkng Associations organizing in an parts
Of the country viii, in very short period absorb the
balance Sales have lately ranged from ten % fifteen
millions weekly, frequently exceeding three millions
daily and Il is wei known that the Secretary or the
Treasury has ample and unfang resources IN the Duties
On Imports and internal Revenue and in the
the Interest bearing Legal Tender Treasury Notes it is
almost certainty that hc Will not find il necessary for
along time % come 90 seek a market for any other
long permanent Lolns tho Interest and Principal o
which are Payabi, a Gold
Prudence aad sefnlerest must force the minds Of
those contemplating the formation Of National Blnking
Associations az well the minds Of all who have idle
money their hands % the prompt conclusion that
they should lose time IN subscribing to this most
popular oan. u viii soon be beyond their reach and
advance 90 handsome premium as was the result with
the seven-rwenty " Loan, when it was all sold and
could no longer De subscribed Tor al par.
NisaSix per Cent Loan, the Interest and Payment
payable in Com, thus yielding Nine per Cent. per
aanum at the present rate OF premium on coin.
The Government requires all duties imports to be
paid in Com; these duties nave for long time past
amounted 10 Quarter Of Million OF Dollars daily
sum nearly three times CRATER than that required in
the payment Of the interest all the 520s and other
Permanent hams that Il hoped that the surplus
Coin 10 the Treasury distant day will enable the
Cned States 10 resume specie payments upon all abi-
ities.
The Loan is called SEQ from the fact that whilst The
Bonds nay Tor 20 years yet tho Government has
Argat to pay them or in Gold par at any time after
Syears.
ne Interest pail half yearly VIZ. the Hrst days
OF November aud NAY.
Subscribers can have C'rpoa Bonds, which are paya
Die 70 bearer aud $50, 500 $500 aid 81 900. or
Registered Bonds Of same denominations and in addi-
ton, s'ooe and $1,000 For Bankng purposes and for
Investments OF Trust'n.cs the Registered Bonds are
Preferable.
These 5-20's cannot bs taxed by states cities towns
OF celnies. and "a, Government tax on them is only
0aeand-a-aaif per cent. the mount Of increase
"aea the income Of the hoer exceeds six Hundred dol
las Per annum. an other Investments spch As income
IRON AoTtses, Railroad stock and Bonds &c must paw
ilon three % i've per cent. ~ on ,he income
0aaks and Rankers throughout the country win con-
uale % dispose Of the Boats and all orders bv mail or
eiherwise promptly attended 70.
ne nconveaience Of few lays DELAY in the delivery
ne b'ads Is unavoidable, the demand being so great
-. a'eFest commences from the day Of subscription
oSs oeeis'ooei, sai every effort is being made to
diminish the delay
JAN COOKE, Subscription Agent.
li4 South Third street. philale,nbia.
Fnlaisipha. Nov. IS lSsa -,