The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1864-01-20
u. g.

THE SECRETARYUF-THR TREASURY has
not yet given notice of any intention to withdraw
this popular Loan from Sale at Par and until ten
days notice is given, the undersigned. as "GENER
AL SUBSCRIPTION AGENT" will continue to
supply the public.
The whole amount of the Loan authorized is Five
Hundred Millions of Dollars. NEARLY FOUR
HUNDRED MILLIONS HAVE BEEN ALREADY
FOR AND PAID INTO THE
TREASURY, mostly within the last seven months.
The large demand from abroad, and the rapidly
increasing home demand for use as the basis for
sirculation by NatisrnI Banking Associations now
organizing in all parts of the country, will in a
very short period, absorb the talance. Sales have
lately rangei from ten TO fifteen millions weeklys
frequently exceeding three millions daily, and a,
IL is well known that the. Secretary of the Treasury
has ample and ~unfailing resources in The Duties on
Imports and Internal Revenues, and in the issue of
abe interest bearing Legal Tender Treasury Notes,
tits almost q certainty that he will not find it neees-
Rry, for a long time to come, to seek q market for
EST M PRINCIPAL OF WHICH ARE PATA-
Il IN GOLD.
Prudence and self interest must force the minds
of those contemplating the formation of National
Banking Associations, as well as The minds of all
who have idle money on their hands, to the prompt
sonclusiorthst they should lose no time in sub
scribing to this most, popular Loan. II will soon
be beyond their reach, and advance to a handsome
premium, as was the result with she "Seven Thirty
Loan. when it ives oil sold and could no longer be
n Is A SIX PER CENT LOAN, THE IN
rEREST AND PRINCIPAL PAYABLE IN COIN,
THUS YIELDING OVER NINE E E
ANNUM at the present rate of premium on coin.
The Government requires oil duties on imports
10 be paid in Coin these duties have for n long
time past amounted to over q Quarter OF a Million
of Dollars daily, a sum nearly three times greater
than that requiredin the payment of the interest
On all the 5-20's and other permanent Loans. So
that it In hoped thnt the surplus Coin in the Urea
sury. ut no distant day, will enable the United
States to resume specie payments upon all Iiabih
ties.
The Loan is callod $50 from the fact that whilst
The Bonds may run for 20 years yet the Govern,
ment has . right to pay them of in Gold at par. at
any time after q year. 80 -
THE INTEREST IS PAID L Yearly,
viz: ON the first day of November and May.
Subscribers can have Coupon Bonds. which are
payable to bearer, and $50, 500, $500, and $1,000
or Registered Bonds of same denominations, and
in addition, $4,000 and $4,000, For Banking
Registered Bonds are preferable.
These 5-20s cannot be taxed by States, cities,
towns or counties, and the Government tax on
them is only one and a half per cent, on the amt
If income. when the income of the holder exceeds
SIX Hundred dollars per annun all other invest
ments, such as income from Mortgages, Railroad
Stock and Bonds. ETC., must pay from thrte to i've
per cent tax on the income.
Banks and Bank ers throughout the Country will
outiuue to dispose of the Bonds and all orders
b. mail, or otherwise promptly attended TO.
The inconvenience of a few days delay In the
delivery Of the Bonds is unavoidable, the demt nd
beinr Sd. great but as interest commences from
fhe day of subscription, no. loss is occaeicned. and
every effort is being made to diminish the delay.
JAY COOKE
SUBSCRIPTION AGENT,
I'D SOUTH THIRD STREET PHILA.
December Q, 1s6s-n27