Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1864-01-16

vINHE Seer etary Of the Treasury has not yet
l. given notice Of any intention to vii hdraw this
notice is given. the undersigned as General Sub
scription Agent will continue to supply the
public.
The whole amount of the Loan authorized is Five
Hundred Millions OF Dollars. Nearly Four Hun
drcd Millions have been already subsc rbed for and
paid into the Treasury, mostly within the last
seven months, The large demand from abroad
and the rapidly increasing home dema I'D for as
the basis for circulation by National Banking As
socia'ions now organizing in all parts OF the coun
try, viii, in very short period, absorb the bal
twenty millions weekly, ii equently exceeding three
mil daily, and as it is well known that the
Secretary Of the Treasury has uniailipg Resources
in the Duties on lmpor', and Internal Revenues.
and in the Issue of Intel est bearing Legal Tender
Treasury Notes, II is certain that he will not find
necessary for IA long time to come to sack mar
ket tor any other long or permanent Loans, the in
te:cst and prIncipal Of which are payable in gold.
Prudence and self interest must force the minds
Of those contemplating the formation Of National
Banking Associations, AS well AS the minds Of all
who have idle money on tn ir hands, to the prompt
conclusion that they should lose no time in subscri
bing to this most popular Loan. 1t will soon be
beyond their reach, and advance to u hands some
p.emiuni, as was the result with the "Sev,n Thirty
Lotn,' waen it was all sold and could no longer be
ST described for at par
1t is "a six per Cent Loan the Interest and Prin-
cipal payable in Coin. thus yielding Nine per
aunun at the present rate of premium on coin.
The Government requires all dutie. on imports to
he uail in Col there duties have for long time
past amounted to over a Quarter of Million Dol
lars daily, u sum nearly three times greater than
that reuCired in the pay ment of the interest all
the So IS and other permanent loans. So that it ia
bnped tuat the surplus Coin in the Treasury. at no
distant day, to resume specie payments upon all
liabilities.
The Loan is called SEQ fro m the fact that while
the Bonds may ran for 20 years, yet the Govern
ment has right to pay them off in Gold at par, at
any time in five years.
The ntere st is paid half yearly, vlz:-on the lst
day Of December and May.
Subscribers can have Coupon Bonds, which are
pa, able to bearer. and are $50, $780, and $1,000 or
Registered Bonds of some demon inatt"ns, md IN
addition. So of0 and $1,000. For Banking purpo-
and for invest nts of Trust monies the kegls
tered Bends preferable,
These 5-2Ds cannot be taxed by states, cl1tts,
towns counties. and the Government tax on them
is only one and "A half per cent, on the amount OF
income when the income Of the holder exceeds SIX
Hundred dollars per annnm all other investments
such as income from Mortgages, Railroad Stock ana
Bonis, etc, must pay from three to hve per cent
tax on the income. .
Banks and Bankers throughout the country Will
continue % dispose Of tie Bonds and all orders ny
m,i, or otherwise promptly attendeito.
The Inconvenience of few days delay IN th9 &c.
livery of the Bonds is unavoidable, the demand
being O or, at but as interest commence from the
day of n, no loss 10 accustomed ana every
effort is being made to diminish the delay
JAY COOK,
Subscription Agent,
III south Third street, Philadelphia
Philadelphia, Nov. D, 1854. declo-4".