Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1864-01-14
d. .. s. 5-2o'S

The Secretary OF the Treasury hs, no
yet given OF any intention to Withdraw this popu
the undersigned as "GeneraI subscriptio n
Agent" will continue to supply the public.
The whole amount of the Loan authorized is Five
Hundred Millions OF Dollars. NearIy -Four Hum
dred Millions have been alresd subscrf-
ly within hs last seven months The large demnld from
abroad and the rapidly increasing home demand for
as tho basis for circulation by National Banking Assoe
atoms organizing in all parts Of the country will in
very short period, absorb the balance. Sales have
lately ranged from ten to fifteen millions weekly, fre
qIenty exceeding three millions daily. and it is well
known that tho Secretary of he Treasury has ample and
unfaing in the Duties Imports aud Inter-
nal Revenues, aud in the issue of the Interest bearing
Legal Tender Treasury Noes. it is almost certainty
that he will not find necessary for long time come,
70 sex m:ke for Any Ohs S9g @
ARE PAYABLE IN GOLD.
Prudence aud self.interest must force the minds Of
those contemplating the formation OF National Banking
Associations. well the minds OF ~ who have idle
money their hands the prompt conclusion that they
should lose 70 time in subscribing 10 this most popular
Loan II will soon be beyond their reach and advance
to handsome premium, as was the result with the
Seven Thirty" Loan, when il, was all sold and could
| no longer he subscribed for at par
II is SIX per Cent Loan, the Interest
and .,.,,,,n ,P,ranc,pie pay payable I'm I'm Coin. snns
| nj Inc present rate OF premium on COIN
The Government requires all duties on imports 10 be
paid in com; these duties have for u long time past
amounted TO yer Quarter OF Million OF Dollars daily
sum nearly three iimrs greater than that required in
the payment OF the interest all the 52Us mud other
pernanent Loans, So that il is hoped that the surplus
Coin in the Treasury at no dstan, day will enable the
United States 10 resume specie payments upon
| all Liabilities.
The Ioau is called $40 from the fact that whilst tho
Bonds may run for ~ years yet the Government has
right pay them of in Gold AT par a, any time shcr S
years.
The Interest Is paid half-ysarly, viz:
| OIL The first days oi November md May .. .. .,...
Subs rhers can have Coupon BoAdS which are nay
| able to bearer. and S51 9l0O $780, and eIOO0 or
Registered Bonds Of sane denominations and in addi-
iioh 5000 mud $1,000 For Banking purposes aud for
investments OF rrust-monies the Registered Eonds
| preferable. ..
These 5-2as cannot be taxed by States cities towns
or countless and the Government lheD il only one
md n-ha per cent the o nroinr, when the in
come Of the holder exceeds six Hundred dollars per
mum all other Investments such Income from Mort
gages Railrond Stock pnd Bonds. etc must pay from
| three to live per cent. INK on the income.
| Banks and Bankers throughout he Country will eon-
nue TO dispose Of the Bonds aud all orders ly mail or
oilerw ise promptly attended to-
The Inconvenience Of n few days delay in th~ deli
very Of the Bonds is unavoidable the demand being
great but as interest from the day OF sub
scripon loss occasoned, and every effort is being
| made 10 diminish the delay.
| JAY COOKE,
| Subscription A gent,
ia South Third Street, PHILADELPHIA.
| Philadepha, November 25, 1853. deiO-3w