The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1864-02-17
Ut. s. 5-2O'S.

II SECRETARY UF THE 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 sGENER;
AL SUBSCRIPTION AGENT" will continue 70
supply the public. -
The whole amount of the Loan authorized is Five
Hundred Millions of Dollars. NEARLY FOUR
HUNDRED MILLIONS HAvE BEEN ALREADY
SUBSCRIBED FOR AND PAID INTO II
TREASURY, mostly within the last seven months;
The large demand from abroad, and the rapidly
increasing home demand for use. as the basis fer
circulation by National Banking Associations now
organic ng in all parts of the country, win in q
very short period, absorb the balance. Sales havS
lately ranged from ten'to fifteen millions Ieekly9
frequently exceeding three millions daily, and ,,
itsis we'll known that the Secretary of the Treasury
has ample and unfsiling resources in the Duties on
Imports and Internal Revenues, and in, the issue OF
The interest bearing Legal Tender Treasury Notes.
it is almost a certainty that he will not find il neces-
sary, for a long time to come, to seek a market for
EST AND. PRINCIPAL OF WHICH AXE PARK
L IN GOLD.
Prudence and self interest must force the minds
of those contemplating the formation of National
Banking Associations, as we'll as the minds Of ell
who have idle money on their hands, to the prompt
conclusion that they should lose no time in sub
~scribing to this most popular Loan. It win soon
be beyond their reach, and advance to q handsome
premium, as was the result with .hs "Sevep Thirty'e
Loan. when it ives all sold and coasd no longer bs
subscribed for at par.
1T is A SIX PER CENT LOAN, THE M
i VI Ed NJ 4 IN III
THUS YIELDING OVER NINE e CENT. PER
ANNUM at the present rate of premium on coin. =
The Government requires all duties on impoFt6
to be paid in Coin these duties have for 8 long.
time past amounted to over q Quarter of a Million
of Dollars daily, q sum nearly three times greater
than that required in the payment of the interest
on all the 5-20's and other permanent Loans. Sc
thai it is hoped that the surplus Coin in the Treal
sury. at mo- distant day, will enable the Unite9
States to resume specie payments npon all iiabilt:
ties. Z
The Loan is canod $40 from the fact that whist
the Bonds may run for 20 years yet the Gov-ulJ
ment has a right to.pay Them off in Gold at par. ~
any time after a year.
THE IS PAID HALf. YEARLY.
xiz: 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. $1,000 and $4,000, For Banking
purposes and for investments of Trust monies tbs
Registered Bonds are preferable. ,s-ngs
These 5 pos cannot be taxed by States, c1tie9s
towns or counties, and The Government tax on
Thorn is only one and a half per cent, on the amt
of income, when the income Of the holder exceeds
Six Hundred dollars per annum; all other invest
ments, such as income from Mortgages, Railroad
Stock and Bonds etc., must pay from thrte 10 five
per cent tax on the income.
Banks and Banker throughout the Country VIII
ontinue TO dispose of the Bonds and all orders
BIZ nail, or otherwise promptly attended to. :
The Inconvenience Of a few days delay in the
delivery of the Bonds is unavoidable, the demrnd.
being so great; but as interest commences from
the day of subscriptions, no loss is occasicned. and
every effort is being made to diminish the delay.
JAY COOKE,
SUBSCRIPTION AGENT y
III SOUTH THIRD STREET, PHILA,
December 9, 1S63-n27