The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1864-08-17
q. S. 7-3O LOAN.

TIL Secretary Of the Treasury gives no
tice that subscriptions. will be received for
Coupon Treasury Notes, payable from Au-
gust 18th, 1861, with semi-annual interest
ut the rate of seven and three-tenths per
cent. per annum-principal and Interest
both to be paid in lawful money.
These not ties Will be convertible OF the OPP
tion of the holder at maturity, into six per
cent. gold bearing bonds, payable not less
than five nor more than twenty years from
the ir date, as the Government may elect
They will be issued in denominations of $50,
500, $500, 81 900 and $1,000, and all subscrip-
tions must be for fifty dollars or some null
tiple of fifty dollars.
The notes will be transmitted to the own
ers free of transportation charges as soon
aft err the receipt of the original Certificates
of Deposit as they can be prepared.
As the notes draw interest from August
Is, persons making deposits subsequent to
that date must pay the interest accrued
f rom date of note to date of deposit.
Parties depositing twenty-five thousand
dollars and upwards for these notes at any
one ii me will be allowed a commission of
one-quarter of one per cent, which will be
paid by the Tire asury Department upon tho
receipt of a bill for the amount, certified to
by the officer with whom the deposit was
made. No deductions for commissions
must be made from the deposits.
Special Advantages of this Loan.
IT IsA NATIONAL SAVINGS BANK, Offering
higher rate of interest than any other, and
the best sec u,tty. Any savings bank which
pay its depoSitors in u S. Notes, considers
that 1t is paying in the best circulating me-
dium in the country, and it cannot pay in
anything better, for its own assets are either
in government securities or in notes or bonds
payable in government paper.
1t is equally convenient as temporary Or
permanent investment. The notes can al
ways be sold for within a fraction of their
face and accumulated interest, and are the
best security with banks as collaterals for
discounts.
Convertible into q ,Sir per cent 500 Gold
Bond.
In addition TO the very liberal interest on
the notes for three years, this privilege of
cent. per annum, for the current rate of $50
Bonds is not less than nine pei, cent. premium
and before the war the premium on six per
cent U. S. stocks was over twenty per cent.
1t will be seen that the actual profit on this
loan, at the present market rate, is not less
than ten per cent. per annum.
IT'S EXEMPTION FROM STATE AND
MUNICIPAL, TIA Y ALTON
But aside from all the advantages we have
enumerated d, a special Act of Congress er-
empts all bonds and Treasury notes iron,
local tardtion. On the average, this excmp-
ton is worth about twopercent. per annum,
according to the rate of taxation in various
parts of the country.
It's believed that no securities offer so
great inducements to lenders as those issued
by the government. In all other forms of
Indebtedness, the faith or ability of private
parties, or stock companies, or separate
communities, only, is pledged for payment,
while the whole property of the country is
held to secure the discharge of the debts of
the United States.
While the government offers the most lib
eral terms for its loans, it believes that the
very strongest appeal will be to the loyalty
and patriotism of the people.
Duplicate certificates will be issued for all
deposits. The party deposiGng must en-
dorse upon the original certificate the de-
nomination of notes required, and whether
they are to be issued in blank or payable to
order. When so endorsed it must be left
with the officer receiving the deposit, to be
forwarded to the Treasury Department.
SUBSCRIPTIONS WILL BE RECEIVED by the
Treasurer of the United States, at Washing
ton, the several Assistant Treasurers and
designated Depostories, and by the
Firat National Esank Of fCadiZ. Ohio.
and by all National Banks which are depos-
itaries of Public money, and all
RESPECTABLE BANKS and BANKERS
throughout the country will give further in
formation and
AFFORD EVERY FACILITY TO SUB
SCRIBERS. g.
August II, lS64-3m.
Administrators Notice.