The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1864-01-03
]. 5. 5-2O'S

The Secretary Of the Treasury has not yet
given notice Of any intention withdraw this pope
AR Loan from Sale at Par and until ten days notice
Is given, the undersigned, as General sGbscrip-
ton Agent" viii continue to supply the public.
TIE whole amount Of the Loan authorized is Five
Hundred Millions Of Dollars Nearly -Four Hua-
bred Millions have bssa already subscribed
fer and paid INFO the treasury. mostly within tho
last SEVERN nihs. TIE large demand from abroad,
and the rapidly inc6asing home demand for use as
the bI Tor eire ulation by National Banking Associ
alters now organizing in ali parts Of the country, viii,
Ia very short roroi abs 70 the balance Sales have
lstey ranged from ten to eileen millions weekly IRE
quently exceeding three millions daily ,ane as isv j
known that tie Secretary II the Treasury has ample
and Hnalrg Tesources in the Duties on Imports and
Internal eyeuurs, aud IN the issue u the Interest
bearieg Legal Tender Treasury Notes, it ia almost
csrapty hat be ril not find it necessary for long
time L. come, to seek market for aEy other lorg
permsncni Loans, TIE INTEREST AND PRINCIPAL
OF WHICH AsEP ,YABLE II ,.OLD.
Prudence aDd selfiste1est mast force the mi1ds OF
those contempt ting u, formation ofNa,ional Bank
ing Assocato p as well the minds II al who have
lie Iaon on lher hauds, TO the prompt conclusion
that they should lose no time in subscribing q this
most poyullr Loan. Il VIII soon be beyond their
reach, and advance to handsome premium, - was
the result with the Seven Thirty loan" when it was
all sold and could no longer 10 sabscfb for stPar.
It is Six per eslt. Loan, the Interest and
Principal payable in Com, thus yielding over
Hlne per Cent per Annum, a. the pre7ent rate
Of p emium on coia.
The Government requires all duties on imports TO
be paid In Coin these duties have for long time
past amounted 70 Quarter Of Million Of Dol
lars daily nearly three times greater than that
required in the payment OF the interest On all the
EOS and other permanent Loans. So that it is hoped
that the surplus Coin In the Treasury at 20 distant
day viii enable the United States to res uIne specie
payments upon ali Liabilities.
The Loau is caIlei $50 from the fact tina whilst the
Bonds may run for 30 year,, Jet tho Government has
Alright TO pay them OIL in God, at par, at any time
after years.
The Interest is paid half-yearly, viz on ihe
frat days Of November and MAY.
Subscribers can have Coupon Bonds, which are pay
able 10 bearer and s5O 500, 500, and 81 900
Registered Bonds OF same denominations and Ia dbl
tor, SIS Ooo and $40 600. For Banking purposes and
for investments Of Trust-mODeys the Registered Bonds
are preferable.
llebc S-zJ . CauHob % taAtu y otaioet CiSlso
towns or couniiss, end the Government tax them
is only and half per cent. the amount Of in
come, when the income of the hoIder exceeds six
Hundred Dollars per annum all other investments,
such as income from Mortgages, Railroad Stock, and
B0nds, etc. must pay from three 10 I've per cent tax
on The income.
Banks and Bankers throughout the country willc0n
tnue % dispose Of the Bonds and all orders by mall
or otherwise, promptly attended to.
The Inconvenience Of few days delay in the de-
livery of the Bonds is unavoidable the demand being
20 gr6i but as interest commences from the day Of
subscription, no loss is Ocossioned, aud every effort
IS being made to diminish the delay.
JAY COOKE,
SUBSCRIPTION AGENT,
ia SOUTH THIRD STREET, PHILADELPHIA.
Philadelphia, November 25 lses.
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