The Potter journal. [volume] (Coudersport, Pa.) 1857-1872, 1864-02-03
u. s. 5-2O's.

! The Secretary of the Treasury has not vel
given notice of any intention to Withdraw this
pc tpulur Loan from sale at Par, and until ten
days notice is tlven, the undersigned as Gen
eral Subscription Agent" will continue 10
supply the public.
The whole amount of the Loan authorized
is Five Hundred Millions Of Dollars Nearly
Four Hundred Millions have been already sub
>crlbed for aud paid into the Trta >nrv mustIr
within the last seven months large de-
mand abroad and the rapidly increasing home
demand for use a the basis for circulation by
National Banking ASSociatinnS now organi-
zing in all parts OF the country. will in a :ery
short period absorb the balance Sales have
lately ranged firm ten TO fifteen millions
weekly, frequently exceeding three millions
daily, and rs it is well known that the Seere-
tary has ample and unftiling resources il the
Duties on Imports and Internal Revenues
and in the issue of the interest bearing Legal
Tender notes. 1t is almost certainty that he
will not fud ii necessary, for long time to
come. to seek market for any other 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 Banking Associations as well as
the minds of all who have idle money on their
hands, to the prompt conclusion that they
should lose 10 time in subscribing for this
most popular loan 1t will soon be beyond
their reach, and advance to Il handsome pre-
mium, as was the result with the = seven
thirty" loan. wher it was all sold and could
no longer he subscribed for ct par
II is Six per cent Loan. the Interest and
Principal payable in coin, thus yielding over
Of premium on coin.
The Government requires all duties or I'm
ports to be paid in coin those duties have
for long time past amounted 10 oyeI Quar-
ter Of Il MilIionof Dollars Daily suu, nearly
three times g"ertpr than that required in the
payment of the interest on all the 5-2O's and
"ther permanent loans. So that it is hoped
that the surplus coin in the Treasury. at no
distant dav, will enable the United states to
RESUME Specie payments upon all liabilities.
The Loan is called 20 from the fact that
whilst the Bonds may run for 20 wears yet he
Government has right to pay them off in
Grd at par at any time after years
The interest is paid hal' yearly. viz On
th first days of November and Nay
Subscribers can have Coupon Binds.
which are payable to bearer. and are $50
800 $500 and $1,000; or Registered Bonds
of same denominations, and in addition, S.
600 and $4,000 For Banking purposes and
for investments of Trus,-monies the Register
ed Bonds are preferable
These 5-20S cannot be taxed by States,
cities towns or counties, and the Govern
ment tax on them Is only ON land -a-.haIf per
cent, on the amount of income, wh-r the
holder exceeds Six Hundred dollars per an
mum, all other investments, such a. income
from Mortgages Railroad Stock and Bonds,
etc. must pay from three to five per cent tax
on the IucOme
Banks and Bankers throughout the country
will continue to dispose of the Bonds and
all ornerS by mail or otherwise, promptly at
tended to.
The Inconvenience Of IA few davs' delay in
the delivery uf the Bonds is unavoidable, the
demand being so great but rs interest COM
nencrs from the day of subscription, no loss
is "ccaSored, and every effort is being made
to diminish the delay. JAY COOKE,
SUBSCKIPTInS AGENT,
ia SOUTH Tt lRD ST, PHILADELPHIA.
Drc A. GO