The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1864-01-09
1. !. 5-2O'S

The Secretary Of the Treasury has not jet
given notice Of any intention TO Withdraw this popu-
ar Loan from sale at Par, and mill tea days notice
Is given, ahs undersigned, as General subscrip-
tioa Agent viii continue &c supply The public
The whole amount Of the Loan authorized Is Five
Huadred lauions OF dollars. Nearly Four Hun
dred Millions have been already subscribed
fsrand paid tuto the Treasury, mostly within the
laslssrcn months. Tie large demand from abroad,
aut tie rapidly increasing home demand fag use az
tic basis y cireulation b. National Banking Assoc
aens now organising IA ali parts Of the country viii,
81 very short period, absorb TIE balance. sales have
siey ranged from ten 70 ffeen millions weekly, FREE
qnentiy exceeding three millions daily and as il is wr
knawn that the Secretary Of The Treasury has ample
and unalng resources IN The Duties On Imports and
Internal Reyenuos and IN The Issue Of the Interest
bearieg Legal Tender Treasury Noles, it is almos;
certainty that he viii not ind Il necessary for long
time - come to seek MARKET for any other long or
rermsnent Loans, TEE INTEREST AND PRINCIPAL.
OF WHICH ABE PAYABLE Is GOLD.
Prudence and eelfintorest must force the minds Of
those contemplating the formation ofNaiional haaE-
ing Assocstors rs well as the minds Of al who have
iae noney iheir hands, 70 the prompt conclusion
ha they should lose time IN subscribing 70 this
meet popuilr Loan. It VII soon be beyond their
reach, and advance to handsome premium, IS was
The result with the fseyen- Thirty Loan - when it
az sold and could no longer be subscribed for al par
It's Six per esnt. Loan, the LntereBt and
Principal payable in Gem, thus yielding over
Elne per Cent. per Annuu, al the present rate
q premium ca coin.
The Government requires all duties on imports TO
be paid in Coin these duties have Tor long time
past amounted 10 over Quarter Of Million Of Dol
lars daily cum nearly three times greater than that
required in the payment Of the interest on al The
EOS md other permanent LOans. So that is hoped
that the surplus Cola in the Treasury st no distant
day, will ensbie the United states to specie
payments upon all liabilities.
Inc Loau s oaIed $50 from the fact that whilst the
Bonds may rnH for 20 years, yet the Government his
arghi to Pay them OF in God, at par, at any time
after years.
The Interest is paid half-yearly, viz or the
lrst days Of November and Nay.
Subscribers can have Coupon Bonds, which are pay
able 70 bearer, and are So 500, $780, and 900 or
r gstered Bonds os same denominations, and in adGi-
tor, 5000 and $4,000. For Banking purposes, and
f5rinvostnents Of Truat-moneys, the Regstered Bonds
are preferable.
These 5-2Ps cannot DO taxed by States, cities
towns or counties, snd the Government tax on them
h only one and half per cent. on the amount Of in
come, when the income OF the holder exceeds Six
Hundred Dollars per annum; all other investments.
ssel Is income from Mortgages, Railroad Stock, ard
Bonds, etc. must pay from three 70 ge per cent tax
on the income.
Banks and Bankers throughout the country win con
tinue 10 dispose Of the Bonds and 81 orders by mail,
or otherwise, promptly attended to.
The inconrenienos Of few days delay In The de-
livery ofthe Bonds is Unavoidable the demand being
so great but interest commences from the day Of
subscription, DO loss IS occasoned, and every effort
e. beng made to diminish the delay.
Jay COOKE,
SUBSCRIPTION AGENT,
IA SOUTH THIRD STREET, PHILADELPHIA.
PhiladeIpha, November % 1883.
dee1O-1m-s