Litchfield enquirer., 1864-02-25
U. s. 5-2O'S,

THE SECRETARY OF THE TREASURY has not yet given n"tice of any intention to withdraw this popular Loan from Sale at Par ami until after ten days nntice has been given, the un- derSl!sncd, as AGENTS FOR THE SALE OF THE HoNDs, will continue to supply the public. The whole amount of the Loan authorized is Five Hundred Millions of Dollars. NEARLY fuuR HU>DRED MILLIONS OF DOLLARS HAVE BEEH ALREADY sUBscRIBED LoR AND PAID INTO THE TREAsrRI. mostly within the last seven mouths. The large demand from abroad and the ,apil1y increasing home demand for use as the basis for circulation by National Bank ing ASsociatlons now organizing in all parts of the country. will, in d very short period, absorb the balance. Sales lave lately ranged from ten :u fifteen millioLs weekly, frtquent- ly exceeding three millions daily and as it is we'll known that the Secretary of the Treasu " has ample and unfaIing resources in the Duties and Imports and Internal Revenues, and in the issue of the Interest Bearing Le- ga Tender Treasury Notes, it is almost a cer- taintv that he will not find it necessary or long time to come, to seek a market for any other long or permanent Loans, THE ME REST AND PRINCIPAL OF WHICH ARE PAYABLE IN GOLD.
 Prudence and self-interest must force the minds of those contemplating the formation of National Banking Associations, as we'll as
 
 hands, to the prompt conclusion that they should lose no time M subscribing to this most popular Loan. It will soon be beyond their reach and advance to a handsome premium, as was the result of the ' Seven Thirty Loan, when it was all sold and could no longer be subscribed for at par.
 IT IS A SIX PER CENT LOAN, THE INTEREST AND PRINCIPAL PAeABLE IN CoIN, THUS YIELD ING CvER NINE PER CENT PER ANNUM at the ~,fr, ,Nfs, in nm
 The Government requires all duties on lm- ports to be paid in Coin; these duties have for a long time past amounted to over
 Quarter of Million of Dollars daily. a sum nearly three times greater than that re- quired in the payment of the interest on all the 5 POS and other permanent Loans. 50 that it is hoped that the surplus Coin in the Treasury, at no distant day. will enable the United States to resume specir payments upon all liabilities.
 The Loan is called 5-20 from the fact that while the Bond; may run f"r 20 years yet the Cove nmen, hls a right to pay them otf In Gold, at lE,r. at any time after live years
 HE INTEREST IS PAID HALF YEARLY, VIZ: on the first days of November and May.
 Subscribers can have Coupon Bonds, which ale payable to bearer. and are $50, SlUO, and Sl .OOO; or Eegister, d Bonds of same denomi nations. and ill addition S5,C0O and SlO,000. For Banking purposes and for investments of Trnst-monics, the Registered Bonds are pref erable.
 These 5-20's cannot be taxed by States Git ics, Towns, or Counties, and the Government tax on them is only one and a 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 Stocks and Bonds, etc, must pay from three to five per cent. tax on the income.
 BANKS AND BANKERS throughout the coun- try will continue to dispose of inc Bonds and ali orders sent to Us by mail, or otherwise, will be promptly attended to.
 The inconvenience of few days delay in the delivery of the Bonds is at times unavoid- able. the demand being so great but as inter- est commences from the day of subscription. no loss is occasioned. and every effort is being made to deliver the Bonds as promptly as possible.
 FISK & HATCH.
 BANKERS AND DEALERS IN All Glasses of Government Se-
 curities,
 AND
 U. S. 5-20 LOAN AGENTS,
 SS WALL-ST., NEW YORK.
 fT Deposits and Bankers accounts received on favorable terms.
 fT STOCKS, BONDS and GOLD, Bought and Sold strictly on Commission for Cash 4t4I