The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1864-02-10
CONNECTIONS.
UNITED STATES 5-2O'S

The Secretary u the Treasury has not yet given no
lice Of any intention TO withdraw this popular Loan
from se az Par and until ten days notice IS given the
undersigned, as GENERAL SUBSCRIPTION AGENT," /"
ain continue to supply the public.
The whole amount OF the Loan authorized is Five Hun
sred Millions OF Dollars. Nearly Foar Hundred Millions
have been already subscribed for and paid into tho
Treasury mostly within the last seven months. The
large demand from abroad and the rapidly increasing
homo demand Tor the basis for circulation by Ma
tonal Banking Associations now organizing In all parts
Of the country, will very short period, absorb the
balance Sales have lately ranged from ten to nftesn
millions weekly, frequently exceeding three millions
daily and as it Is well known that the Secretary OF the
Treasury has ample aud unfang the Duties
on Imports and Internal Revenues and In the issue Of
the Interest bearing Legal Tender Treasury Notes, s
almost certainty that he will not nnd it necessary for
long time 10 come, seek market for any other
long or permanent Loans the Interest and Principal Of
which Payable In Gold.
Prudence and stlf interest must force the minds OF
those contemplating the formation OF National Banking
Associations, as well a. the minds OF all who have idle
money on their hands u the prompt conclusion that
they should loso time in subscribing TO this most
popular loan. II Will be beyond their reach, and
advance to handsome premium as was tho result with
the ssven-Twcnty - Loan when IL was all cold and
It slx per Cent Loan, the Interest and Payment
payable in CON- thus yielding over Nine per Cent per
annum at the present rate Of premium on coin.
The Government requires all duties imports 10 be
paid IN Coin these duties have for a long time past
amounted Quarter OF Million OF Dollars daily
nearly three times CRATER than that required in
the payment Of the interest all thu 52os and other
permanent loans So shat II Is hoped that the surpu.
Coin in the Treasury at distant day will enable th'
United States specie payments upon all ab
ities.
The Loan called $40 from the fact that whilst tn,
Bonds NAV FOR 20 years, yet the Government hal
right pay them on in Gold par at any time Afte
years
The Interest Is paid half yearly, viz the frat dayi
Of November and Nay.
Subscribers can have Coupon Bonds, which are paya
be to bearer and are $50 slOO $780, and 81 900; o
Registered Bonds Of same denominations and in add
ton 5000 and $40 600 For Banking purposes and fo
Investments Of Trust monies the Registered Bonds arr
preferable
These 52Os cannot be taxed BY States cities towns
or csunties and the Government tai them IS onll
one-and-ahalf per cent on the mount Of increase
when the income cf the holder exceeds Sx Hundred dol
lars per annum; all ether investments, such neom
from Mortgages, Railroad stock and Bonds, &C. must pa
from three TO ave per sent tax on ihs income
Banks and Bankers throughout the country viii con
tnue 70 dispose Of the Bonds and all orders by mail
otherwise promptly attended to.
The Inconvenience Of few days' delay IN the deliver
q the Bonds unavoidable the demand being 50 great
but ss interest from tho day Of subscription
no ossis occasoned, ard svsry effort is being made
diminish the delay
JAY COOKE, Subscription Agent
ia South Third Street, Philadelphia
Philadelphia, Nov. IS, 1888. 4Soms