The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1865-06-07
THE ASHLAND UNION, WEDNESDAY MORNING, JUNEz

us. $50 LOAN
II III IRD 3 SERIES,
S%2SO,OOO00O.
By authority of the Secretary Of the Trea-
sury, the undersigned, the General Subscrip-
ton Agent fyr the sale Of United States Sc.
c%uriIies, offers to the public the third series
Of Treasury Notes, bearing seven and three.
tenths per cent. interest per annum, known
as the
7-30 LOAN.
These notes are issued underNda Of July
Is, 1865, and are pavable three years from
that date in currency. or are convertible at
the option of the holder inso
u. s. $40 SiG per cent.
GOLD BEARING 3 Q N D s.
These Bonds are now worth q handsome
premium, and are exempt, as are oil the Gov
ernmc1 at Bonds, from Slate, County, and Mu.
nicipal taxation, which adds from one 10 three
per cent. per annum to their value, according
10 the rate levied upon other property. The.
interest is payable semi annually by coupons
attached to each note, which may be cut of
and sold 10 any bank or banker.
Thu interest Mt $50 per cent n
One cent per day on a $50 note.
Two cents per day On a 500 note.
Ten cts. per day ON "a $500 note.
Twenty cts. per day ON a $1,000 hOte
One Dollar per day on a $4,000 dOte.
Notes of all the denominations named viii,
be promptly furnished upon receipt of sub
~criptions.
The Not IS of this Third Series are reecise.
ly similar in form and priv eyes to the Sew
en- Thirtiss already told. except that the Gov.
ernment reserves TO itself the optitn of pay
ing interest in gold coin at 6 Ter cent, in
ctead Of Z 8.10ths in currency. Subscribers
will deduct the interest in currency 10 July
10Th at the time when they subscribe.
The delivery of the notes Of this t bird re
ries # the Seven thirties will m on
the lst Of June, and will be made promptly
and continuously after that date.
The slight change made in the conditionso Of
this THIRD SERIES affects only the matter
Of interest. The payment in gold, il made
will be equivalent to the currency interest OF
the higher rate.
The return 10 specie poy nents, in the event
of which only will the option to pay interes
in .Gold be awaited Of, would SO reduce and
equalize prices that purchases made widh six
per cent. in gold wou be fully equal to those
made with seven and three-tenths per cent.
in currency. This is
The Only Loan in Market
Now offered by the Government, and its supe
iiVi hu'uhthBoS ehc INV
Great Popular Loan Of the People.
Less than S2}O,OC0,O)O of the Loan au.
thorized by Congress are now GU The marke t
This amount, at the rate of which il is being
absorbed, will all be subscribed for within
six days, when the rotcs viii undoubtedly
command a premium; as has uniformly been
the case on closing the subscriptions to other
Loans.
In order that citizens of every town and
section of the country may be afforded facili
ties for taking the Loan, the National Banks
and Private Bankers throughout tho cou TRY
have generally agreed 20 receive subccrip-
tions of par. Subscribers will select their
own agents, in whom they have confidence,
and who only are TO be responsible for the
delivery Of Tho notes for which they receive
ord!rs.
JAY COOKE,
| C.L....,,.. 49,, DLy.JJ L.