Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1864-01-09
U. s. 5-2O'S.

THE Secretary of the Treasury has not yet
l. given notice of any intention to withdraw this
popular Loan from Sale at Par, aud until ten days
notice Is given, the undersigned, General Sub
scription Agent will continue to supply the
public.
The whole amount Of the Loan authorized /. Five
Hundred Millions Of Dollars. NearI, Four Hum
bred Millions have been already subscribed for and
paid into tho Treasury, mostly within the last
and the rapidly Increasing home demand for use a.
the basis for circulation by National Banking As
sociations organizing In all parts OF the coun-
try, will in a very short period absorb the bal
ancs. Sales have lately ranged from fifteen to
twenty millions weekly, frequently exceeding three
millions daily, and as 1t il we'll known that the
Secretary of the Treasury has unfailing resources
in the Duties on Imports ana Internal Revenues,
and in the issue of Interest bearing Legal Tender
Treas ury Notes. it is certain that he will not find it
necessary, for a long time to come, to sex mar
ket iug any other long permanent Loans. the in.
terest and principal of which are payable in go'd.
Prudence and self interest must force the minds
of those contemplating the formation Of National
Banking Associations, as well as tho minds OF al
who have idle money on their hands, to the prompt
conclusion that they should Lose no time in subscri-
bling to this most popular Loan 1t will soon be
beyond their reach, and advance to a handsome
prcmun as was the result with the 'sscven Thirty
Loan," when it al sold and could no longer be
subscribed for at par
ltisa six per Cent Loan the Interest and Prin-
cipal PAYABLE in Coin, thus yielding over Nine per
aunum ut the present rate of premium on coin.
The Government requires all duties on imports to
be paid in Coin: there duties nave lor a long tlile
past amount ed to over Quarter OF Million Dol
lars daily a sum nearly three times greater than
that required in the pay ment OF the interest on all
the 5-2,'s and other permanent loans 50 that IL IL
hoped tuat the surplus Coin in the Treasury, at no
distant day, to resume specie payments upon all
liabilities
The Loan is called sac ir m the fact that while
the Bonds may run for 20 years, yet the Govern
n.ent has a right to pay them on Ill cold al par ut
any time in five years.
Theiuterest il paid half yearly, 'A:-oh 'he ISL
day Of Ercemhs r and May.
Subscribers can have Coupon bonos. eh'h are
PAYABLE to hyarer and are $50 500. and 81 ,oo' or
Eevisterea Bonds of som- denominations, End in
addition, s. 900 and SlooO. For Banking purto-
and for invest ments OF Isust-inohss TIE eeis
tered Bonds are pret-rahlc, "
Thasr 5ap's cannot b.. taxed by States, cities.
towns or counties aud tue Government tax on then,
j. only one and a half per cent on the amount Of
income, when the income OF the holder exceeds FIX
liuudre. dollars Der annum all other invest m"ni'
such ~ income from Mortgages, Railroad St"cN ahd
Bonds etc. laust pay from three /" i've pen cc.''
tax on the iOcnmC. 49,,
Banks aud Bankers throughput the country Wall
continue to dspu~c of the Bonds; -" al '"c'5 y!
nail, or othrrwi,e promptly a.tcndcdt to-
III" iuronve: ienrr of f." days delay Ia ''e &C.
livery Of the Bonds l. un#voldatie. the demand
hcug So It. at tut Interest," { uiH '' 'f'ls' rae
day OF s riptiu., no loss Is o,taso'eh anu every
effort is being made to diminish IN" "&i|$.
JAY COOK.
Subscription Agent,
H.: South Third street, ihIa''' Ihia'
phil.dtlph'a, New. ., Is 3. "eeia~t"'