Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-01-09
u. s. 5-SO'S

THE SECRETARY OF 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 General
Subscription Agent" will continue to supply the
public
Tho whole amount of The Loan authorized is Five
Hundred Millions Of Dollars. Nearly Four Hun
died Millions have been already subscribed for and
paid into the Treasury, mostly with the last seven
months. The large GeinHud from abroad, and the
rapidly increasing home demand for use the basis
for circulation by National Banking Associations
organizing in all parts of the country will. in
very short period. absorb the balance Sales have
lately ranged from ten to fifteen millions weekly,
frequently cxcccdng three millions daily, and as 1t
is well known that the Secretary Of the Treasury has
ample and uufaing resources III the Duties on i'm
ports and Internal Revenues. and in the issue of the
Interest bearing Legal Tender Treasury Notes, it IS
al most certainty that he will not find it necessary
for long time 10 come. TO seek n market for nry
other long or permanent Ions the Interest and Prn-
cipgl of which are Payable in GOLD.
Prudence and self interest must force the mind, Of
those contemplating the formation OF National Bank
ing Associa;iOrs, a. we'll as the minds OF all who
have idle money on their hands, TO the prompt con-
clGsi0n that they shoGld lose time in subcribing
10 this most popular Loan 1t will soon be beyond
thcir reach and ad dvance to handsome premium
was 'he result with the Seven Thirty" Loan, when
il was all aold and could 10 longer be subscribed for
at par.
1t is Six Per Cent Loan, the Interest and Prin-
cip.h payable IN Coin thus yielding over Nine per
cent. per anEum at she present rate of premium on
coin
The Government requires all duties on imports 70
be paid in Coin these duties have for Il long time
pas, amounted 80 over n Quarter OF Million of Dol
lars daily, sum nearly three times greater than
that required in tie payment of tho interest on al
the j-20s and other permanent Loans. So that is
is Hoped TIA; the surplus Coin in the Treasury al no
distant day, Will enable the United States to resume
specie payments upon all liabilities.
The Loan is called 5-20 from the fact that whilst
the Bonds may run tor 20 yeals, yet the Government
hasa right TO pay them oil IN Gold, at par, at any
time after years
THE INTEREST Is PAID HALF-YEARLY,
viz ON the inst days Of November and May.
Subscribers can have Coupon Bonds, which are
Iaynule to bearer, and ere $40, Sl0O, $500, and
aud in addition, S5,o0O, and SlO.0C0. For Banking
purposes and ior investments Of Trust monies the
Registered Bonds are preferable
These 5-20s cannot be taxed by States, cities,
towns, or counties, and the Governnen tax them
only and huli per cent on the amount OF in
come when the income Of the holder exceeds Six
Hundred dollars per aEnum all oher investments,
such as income from Mortgages, Railroad S,oek and
Bonds, etc, must pay iIotu three TO i've per cent
tax on the Income,
Iapks and Bankers thronghou, the Country will
eoniitGe to dispose vi the Bonds and all orders by
mail, az otherwise promptly attended 10.
The Inconvenience 0t a few days d-7ay In the the
delivery ct the Bonds is unavoidable, the demand
being 50 great but or interest ences from the
day Of ,ripiaa oss is Occasionel, unl every
ei4Os, Is being Inade 10 diminish the delay.
.rAN COOKE.
SUBSCRIPTION AGENT
ne sonth Third Street, PLilu4ell hia.
December 5, is65.-il