Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1864-03-10
STATES 5.2o,s.

The Secretary OF the Treasury has not vet CIV.
en- notice OF any intention 10 withdraw this popu
lar Loan from Sale AT Par, and until after ten
days nslce has been given, the undersigned. ms
Agents for the sale Of the bonds viii continue Ia
supply the public. "
The whole amount Of the loan authorized "a
hye hundred millions OF dollars. Nearly four
hundred millions have been already subscribed
Tor and paid into the treasury, mostly within the
last seven months. . The large demand from
abroad, and the rapidly increasing home demand
,9r use as the basis for circulation by National
90 n a Assoeia'ions,now organizing in all parts
OF the country, wall, in very short period, alb
sorb the balance, Sales have lately ranged from
Ten 70 fifteen millions weekly, frequently excsed-
ing three millions daily, and as it is well known
rnss lne secretary OF the Treasury has ample and
lhhillng resources in the Duties and Imports and
internal Revenues, and in the issue Of the inter-
est bearing Legal Tender Treasury Notes. il ia al
most certainty that he will not ind il necessary
ior Tong time TO come to seek market for any
otnef long or permanent Loans, the interest and
principal OF which are payable in GOLD,
prudence and self-interest must force the minds
OF those contemplating the formation of National
1aa associations, as well as the minds Of all
VINO nave idle money on leir hands, to the
prompt conclusion that they should lose no time
Ia subscribing TO this most popular Loan. IL will
soon be beyond their reach, and advance to a
handsome premium, as was the result with tbe
"seven-Thirty" Loan, when il was ali sold. and
could no longer be subscribed for at par
~ Is six per &c Loan, the interest and prin-
eipal payable IN Coin, thus yielding over nine
per cent per annum, at the present rate Of pre-
MUM on coin.
The Government requires all duties on imports
to be paid IL coin these duties have for long
tune past amounted to over
QUARTER OF A MILLION OF DOLLARS
DAILY,
sum nearly three times greater than that re-
CURED In the payment Of the interest on all the
s-2o's and other permanent Loans. SO that il is
noped 'hat the surplus com in the treasury, at no
Ia tba vrvata al tatna
sumo specie payments upon all liabilities
The Loan is called 5. 20 from the fact that while
the Bonds may run for twenty years,yet the Gov
eminent has right to pay them of in Gold, at
par, a. any time after five years.
The interest is paid half-yearly, viz on the
first days of November and May
Subscribers can have coupon Bonds, which are
payable to bearer, and are $50, 800, $500, and
1000; or registered bonds of same denomina.
tons, and in addition, 5000 and 10000 For
Banking purposes and for investments Of Trust
monies, the Registered Bonds are preferable.
Ihese o-zo's cannot be taxed by states, cities,
towns or counties, and the government tax on
them is only one and half per cent on the
am cunt OF income, when the income of the hold
er exceeds six hundred dollars per annum; all
other Investments, such as income from mort
cages, railroad stock and bonds, ETC., must nav
Ire m three to five per cent tax on the income
Banks and Bankers throughout the country
VIII continue to dispose OF the bonds; and all or
Sers sent % us direct by mall or otherwise, will
The inconvenience of few DAYS delay in the
delivery of the bonds is at times unavoidable the
demand being great but as interest commences |
rom the day Of subscription no loss is occa- |
stoned, and every effort is being made to deliver
The bonds as promptly possible. |
FISK HATCH, Bankers,
And dealers IN sll classes of Government Secure
.ies and o. g. $50 Loan Agents, 3S Wall ST., New
York. |
~ Deposits and Bankers accounts received |
N favorable terms. Wy" - 0-"'0 |
~ Stocks, Bonds and Gold, bought and sold |
trictly on commission for cash. deel0:d&wlm |