Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1864-02-25
sTATEs h.2o,s.

The Secretary Of the Treasury has not yet CIV
en- notice OF any intention TO withdraw this popu-
Lar Loan rom sale az Par, and until after ten
days nslleo has been eiyer, the undersigned, as
Agents Tor the sale OF tie Bonds will continue to
supply the pubic,
The whole amount of the loan authorized IA
hye hundred millions OF dollars. Nearly four
hundred millions have bren already subscribed
LOT and pad into the tre0s pry, mostly within the
last 'evtn months, The largo demand from
abroad, and the rapidly increasing home demand
Tor use as the basis for circulation by Nationsl
Bsnking Assoeia ions, now organizing in all parts
OF TIE country, WILL in d very sholt period, alb
soro the balance, SALE have lately ranged nom
ten 10 hfteer millions weekly, frequently exc ed
ing three millions daily, and as it is we'll known
that the Seer etary OF the Treasury has ample and
unfaihng resources in the Duties and Imports and
Internal Revenues, and in the issue OF the inter-
est bearing Legal Tender Treasury Notes, il is al
most certainty that he will not find il necessary
Ior tong time TO come to seek market for any
other long or permanent Loans, the interest and
principal Of which are PAYABLE in GOLD.
frudenee and self-interest must force the minds
OF those eontemr lating the formation of National
bahhing Associations, as well as the minds Of all
VINO have idle money on their hands, to the
prompt conclusion that they should lose no time
IN subscribing to this most popular Loan. II will
soon be beyond their reach, and advance to a
handsome premium, as was the result with the
"seven-Thirty" Loan, when il was all sold, and
could no longer be subscribed for at par.
1t is six per ce t.Loan, the interest and prin-
cipsl payable in Coin, thus yielding over nine
per cent Per annum, at the present rate Of pre-
The Government requires all duties on imports
to be paid in coin these duties have for Q long
time past amounted to over
QUARTER OF A MILLION OF DOLLARS
DAILY,
4 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 it is
hoped that the surplus coin in the treasury, at no
AfafQ afd aU will kl..s ~ n
sumo specie paymen is upon all liabilities.
The Loan is called s. 20 from the fact that while
the Bonds may run for twenty years, yet the Gov
eminent has right to pay them off in Gold, at
par, al 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, $lOo, $500, and
$1,000; or registered bonds of came denomina.
tons, and in addition, 5000 and $4,000. For
Banking purposes and for investments of Trust
monies the Registered Bonds are preferable.
These 5-2o's cannot be taxed by states, cities,
towns or courties, and the government tax on
them is only one and half per cent on the
an 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 pay
irom three to five per cent tax on the income.
Banks and Bankers throughout the country
Will continue to dispose OF the bonds; and all or
ders sent to us direct by mail, or otherwise, will
be promptly attended TO.
The Inconvenience of few days delay in the
delivery of the bonds is at times upavoidab BILE, the
demand being great but as interest comm ences
from the day Of subscription loss is oCca-
stoned, and every effort is b,ir made to deliver
the bonds as promptly possible.
FISK HATCH, Bankers,
And dealers in sll classes of Government Securi-
ties and q. s. $50 Loan Agents, IS Wall St., New
York.
X Deposits and Bankers accounts received
on favorable terms.
~ Stocks, Ponds and Gold, bought and sold
strictly on commission for cash. oecl0:d&wlm