The Union. [volume] (Georgetown, Del.) 1863-1866, 1864-01-29
Ut. g. 5-2O'S.

The Secretary of the Treasury has not yet given
uotioe of any intention to withdraw this popular
Loan from Sale AZ Par, and until ten days notice
given, the undersigned, as general subscription
Agent" will continue to supply the public.
The whole amount of the Loan authorized Is FIVE
Hundred Millions Of Dollars. Nearly Pour Hun
bred Millions have been already subscribed tor and
paid into the Treasury, mostly within the
months The large demand from abfoaoJ ana toe
rapidly increasing home demand for Use a tho ba-
sis for circulation by National Banking Assoois-
tions now organizing in all parts Of the country,
will, in very short period, absorb the balances-
Sales have lately ranged from ten to fifteen niliisnz
weekly, frequently exceeding three millions daily,
and as it is well known that the Secretary Of the
Treasury has ample and uniailing resources in tho
Duties on Imports and Internal Revenues and In
tho issue Of the Interest bearing Legal Tender
Treasury Notes. il is almost certainty that be will
not find il necessary, Tor long time to come, 70
seek market for any other long or permanent
Lonss the interest and principal Of which are pay
able in GOLD.
Prudence .nd self interest must force the minds
Of those contemplating the formation Of National
Banking Association, Us well Us the minds OF all
who have IDLE money on their hands, to the prompt
conclusion that they should lesc no time in sub
scribing to this most popular Lean. II VIII soon
be beyond their reach, and advance to handsome
premium us was tie result with the Seven Thirty"
Loan, when it was all sold and could ne longer be
subscribed for At par.
1t is a Six per Cent Loan, tho Interest and Prin-
oipa payable in Coin, thus yielding over Nine per
Cent. per annu ut the present rate II premium on
| in.
! The Government requires all duties on importsts
| be paid in Com thsso Gatles have Tor Long time
| past amounted to over Quarter Of Mlion OF
Dollars daily, nearly three times gresteT tran
that required in the payment OF tie interest sn I'll
! the 5-2Us and otl,r permanent Loans. So that it
Is hoped that tho surplus Cin in the Treasury, ~
NJ distant day. will enable the United States ~
sumo speci. payments upon all habllies.
The Loan is called 500 rU the tact that whilst
the Bonds may run for " years yet the Government
has a right to pay them vi iu Gold at par, at sny
| time after years
The Interest is paid half early, viz on the fret
days of November and May.
| Subscribers can have Coupon Bonds, which arc
payable to bearer, and are 500, $lOOi $500, and
| $1,000; or Registered Bonds of denominations,
| and in addition, $4,000 and $4,000. For Banking
| purposes and for investments Of Trust-monies the
| Registered Bonds arc preferable.
These 5-20's cannot be taxed by States, cities
towns counties, and the Governmenttax on them
is only half per cent, on the amount of
income, when the income of the holder exceeds Six
| Hundred dollars per annumj all other Investments
| such as income from Mortgages, Railroad Stock and
Bonds, etc., must pay from three to five per cent
tax on the income.
Banks and Bankers throughout tho Country will
continue to dispose Of the Bondi and all orders by
mail, or otherwise promptly attended to-,
| The Inconvenience of few days delay in the
delivery OF the Bonds is unavoidable, the demand
being SO great; but as interest commences from the
day of subscription loss is Occasoned and every
effort is being made to dimini, h the delay.
JAY COOKE,
| SUBSCRIPTION AGENT.
| ia South Third Street, Philadelphia.
December 4, 1866.