Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1864-01-02
U. s. 5-9O'S.

THE Secretary Of the Treasury has not yet
i given notice Of any Intention to withdraw this
popular Loan from Sale at Par, and until ten days
notice is given, the dersigned, General Sub
scription Agent will continue to supply shs
public.
The whole amount of the Loan authorized IA Five
Hundred Millions Of Dollars Nearly Four Hun
bred Millions have been already subscribed for and
paid into tho Treasury, mostly within tho last
seven months, The large demand from abroad,
and the rapidly increasing home demand for
the basis for circulation by National Banking As
sociations now organizing in all parts OF the coun-
try, will, in a very short period, absorb the bal
ance Sales have lately ranged from fifteen to
twenty millions weekly, frequently exceeding three
millions dsly, and az it is we'll known that the
Secretary Of the Treasury has unfailing resources
in the Duties on Imports and Internal Revenues,
and in the issue of Interest beal ing Legal Tender
Treasury Notes, 1t is certain that lie will not ind it
necessary, for II long time to come, to sack mar
ket for any other long or permanent Loans, the in
tercst and principal Of which are payable in gold.
Prudeuce and self interest must force the minds
Of those contemplating the formation Of National
Banking Associations, as we'll As the minds OF all
who have idle money their hands, to the prompt
conclusion that they should lose time in subscri-
bling to this most popular Loan. 1t will soon be
beyond their reach, and advance to handsome
p.emum as WIS the result with he 'seven Thirty
Loan when it was all sold anu could no longer DO
subscribed for at par.
1t is six per Cent Loan the Interest aud prin.-
cpal payable in Coin, thus yielding over Nine per
aunum at the present rate OF premium coin.
The Government requires all dut les GU imports to
be paid in Cou: there duties have for long time
past amuu uted to over Il Quarter of Million Dol
lars daily, 4 sum nearly ihrec times greater than
that qrcd in the payment OF the interest on all
the BE- and other Per manent loans. So that 1t Is
hoped tuat he surplns Coin in the Treasury, at
distant day, to lesumc specie payments upon all
liabilities.
The Loan is called $50 irc M the fact that while
the Bonds may run for 20 years, yet the Govern
mcnt has rig ht to pay them OFF in Gold at par, at
any time in five years.
1Aeinterest is paid BALI yearly, VIZ ON the LIST
dav Of Ecccmher aud May.
Subscribers can have Coupon Bonds. which are
payable to bearer. and are $50, $780, and 81 900
Neg istered Bonds Of some demon nations, md in
addition, IS 600 aud $1,000. For Banking purpo-
and for inVest mcGtS of Trt,t nonics the Regis
Tered Bonds are preferable,
These 5-2U's cannot be taxed by States, cities,
towns counties. and the Government tax on them
is only and a-hah per cent, on The amount Of
income, whe the income OF he holder exceeds Six
lundred dollars per anunm alt other investments
such Is income from, Mortgages, Railroad Stock and
Bonds, etc, must pay from three TO five per cent.
tax on [ be Income
Banks and Bankers throughout the country will
continue TO dispose of the Bends and all ordcIS 10y
mail or oth"rw Use promptly sttrniedto.
The Inconvenience of IA few days delay ia the de-
livery of the Bonds is unavoidable, the demand
being gre At but IS interest commence from the
day Of sntscriifon. 10 loss j. ""a~on'd and every
chort Is bciu. made dmiush the delay.
JAY COOK,
Subscription Agent,
ia South 1hird Street, Philadelphia.
rhiadclp h a, Nov. -. 1873. dcclo4w.