The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1864-01-01

The Secretary Ofthe Treasury has not v,
given notice Of any intention to withdraw thi
popular Loan from Sale at Par. and until aftc
ten days notice has been given. the undersigned
as Agents for the Sale of the Bonds, vii
continue to supply the public.
The whole amount of the Loan authorized i
Five Hundred Millions Of Dollars Nearl,
-Four Hundred Millions have been alreHG
subscribed for and paid into the Trea>u.
/ ry. mostly within the last seven months Til,
large demand from abroad. and the rapidly in
creaslng home demand for use as the basis 70
circulation by National Banking Asso iations
now organizing in all parts Of the country. will
III very short period, absorb the balance Sale,
have lately ranged from ten to fifteen million,
weekly. frequently exceeding three millions daily
and as it is well known that the Secretary Of III,
Treasury has ample and unfailing resources il
the Duties and Imports and Internal Revenues
and III the issue of the Interest Bearing Lega
Tender Treasury Notes. it is almost certainly
that he will not find it necessary. ior a long tim,
to come, to seek market for any other long 81
permanent Loans. THE INTEREST AMI
PRINCIPAL OF WHICH ARE PAYABLE IN
GOLD.
Prudence and self interest must force the mind,
OF those contemplating the formation of Nationa
Banking Associations. as well as the minds of al
who have idle money on their hands, to the
prompt conclusion that they should lose no time
IN subscribing to this most popular Loan. 1t vii
soon DC beyond their reach. and advance to
handsome premium. as was the result with the
Seven Thirty Loan, when it was all sold al {
could no longer be subscribed for at par
It's a Six per Cent. Loan, the Interest and
Principal payable in Coin. thus Welding ove,
J Nine per Cent per annum at the present rate o.
premium coin.
I he Government requires all duties on Import,
TO he paid i'll Coin; these duties have for a long
/ time past amounted to Overa
Quarter of a Million OF Dollars daily.
sum nearly three times greater than that requir-
ed IN the payment of the interest on all the j2Os
andother permi nent Loans SO that it is hoped
that the surplus Coin in the Treasury. at no dis
tant day, Will enable the United Statcs 10 resume
specie payments upon all liabilities.
Inc Lean Is called so from :he fact that while
the b"ndS may run for ~ wears vet the Govern
nent has right to pay them off in Gold at par,
at any time after years
The Interest is paid ha!i-yearly, viz on
he hrst days of Nov. and MAYS
Subscribers can have Coupon Bonds. which are
payable to bearer. and ole so, SlO0, $500 :, :
coO or Registered Bonds of same denomination,
and IN ddli.on, $500 and $4,000. For Bank
ing purposes and for investments of Trust-mouies.
the Registered Bonds are preferable
these 90 cannot be taxed BY States Cities.
Towns, or Counties. and the government tax on
them is only one and half per cent on the a
mount ofincomh, when the income Of the holder
exceeds Six Hundred Dollars per annum: all
other Investments, such as income from Mort
cages, railroad Stock and Bonds, etc., must paw
iroin rhTee to tive per cent tax on the income
tanks and Bankers throughout the country will
continue to dispose Of the Bonds and all orders
sent to us direct by mail, or otherwise. will be
promptly attended to.
Inc inconvenience of few DAYS delay in the
delivery Of the Bonds is at times unavoidable. the
demand being so great but as interest commen-
ceS trcn the day Of subscription, no loss is occa
sloned and every effort is being made to deliver
the bonds as promptly as possible
t | S X & HATCH
BANKERS, AND DEALERS IN
ALL CLASSES of GOV SECURITIES
L. 5. $40 LOAN AGENTS,
80 Wall Street, New York.
u Deposits and Bankers account received on
favorable terms.
" Stocks. Bonds and Gold, Bought and Sold
S'e"S vi Commission for Cash. 1919