Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1864-01-16
BUSINESS NOTICES.
TT. @. sos

IT., cvonrr,rv on THE TREASURY has not
80, given notice of any intention to wi'hnraN
his popular Loan from Sale at Tar, ana wv"
IN ten laws notice is given. me hnleisiSneu
A. :. General Subscription Agent, VIII con-
tinuc 10 supply the pubic.
The whole amount of the Loan authorized IS
r;,, Hundred Millions of Dollars. Nearly
rarr Hundred Millions have been already
snbscribct for and paid into the ir'asury'
,,os,lv within the last seven months. re
Ia.,,,, demand from abroad. and the rapidly
;.,.asinor home demand for use as the basis
g.. circulation by National Banking Assooia
ions now organizing in all parts Of the conn
,rv. will, in a very short period, absorb the
balsnct: Sales have lately ranged from ten
IN fifteen millions weekly, frequ' ntly exceed
IN three millions daily, and as il is well
known that the Secretary of the Treasury
la. ample and unfailng resources in the Du-
ties on Imports and Internal Revenues. and
in the issue of the Interest be ring Legal Ten
der Treasury Notes. it is almost a certainty
that he will not find it necessary. for long
time To come, to seek market for any other
long or permanent Loans. the interest and
principal Of which ale payable in Gold.
Prudence and self interest must force the
minds of those contemplating the formation
of National Banking Associations, well as
the minds of all who have idle money on
their hands. 10 tho prompt conclusion that
they should lose no time in subscribing ts
this most popular Loan. IT will soon be be-
vond their reach. and advance to a handsome
premium. as the result with the Seven
Thirty" Loan. whei it was all sold and could
no longer he subscribed for at par.
1t is six Per Cent. Loan. the Interest and
Principal PAYABLE in Coin, thus yielding over
Nine per Cent. per annum at the present rate
of premium on coin.
The Government requires all duties on I'm
ports to e paid in Coin tho duties have
for long time past amounted 10 over Quar-.
Ter of Million of Dollars daily, sum nearly
three times greater than 'hat required in the
payment Of the interest on all the ) 20's and
other permanent Loans. So that it is hoped
that the surplus Coin in the Treasury. at no
distant dav, will enable the United States to
resume specie payments upon all liabilities
The Loan is called $40 from the fact that
! whit the Bonds may run for 90 years. yet
the Government has right to pay them off
| in Gold at par. at any time after 5 wears.
The Interest is paid half-vearly, viz /: en
| the first day Of November and May.
Subscribers can have Coupon Bonds, which
are payable to bearer, and are $50. 800,
/ $500 and $1,000; or Registered Bnads Of
same denomunatio-s. and IN addition. 5000
/ and SIC 0C0. For Banking purposes and for
/ investments of Trust-monics the Registered
| Bonds arc preferable.
Thcs. 5-l0's cannot be taxed by States. CT
ties. towns, or counties. and the Government
I tax on them is only one and half per cent.
ON the amount of income. when the income OF
the holder exceeds Six Hundred dollars per
| annum all other investments. such as income
from Mortgages. Railroad Stock and Bonds,
etc. must pay from three to five per cent. tax
! on he Inc me.
! Banks and Bankers throughout the country
will continue to dispose of the Bonds and
al orders by mail, or otherwise promptly at
tended to.
The inconvenience of few days delay in
the delivery of the Bonds is unavoidable, the
demand being so G eut but as interest COM
mencos from Tie day OF subscription, no loss
is occasoned. aud every effort: is being made
TO diminish the delay.
jar COOKE. Subscription Agent,
n South Third ST.. Philadelphia.
Philadelphia, November %. 1863. 1928
Mr. VAN SrEEywYK. President Of the Bata-
Wan Bank, La Crosse. rs agent for this part of
\ tie State at whaaa Dbl DSrrd7 may DC OF
dered or lad ut al times.