The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1864-09-17
FINANCIAL.
i. S. 1-3O LOAN.

~ ~ w IIOIA1N
The Secretary of the Treasury gives notice that sub
scrptons will be received for Coupon Treasury Notes
payable three years from Aug 18th, 1864, with semi
annual interest the of and tlreetcnts per
cent per annu-principal and interest both to be paid
in lawful money.
These notes will be convertible lat the option Of the
holder at maturity into six per cent gold bearing bonds,
payable not less than five than twenty years
| frol their date the Government may elect. They
will be issued in denominations Of $50 $780, $780, $1,000
and $1,000 and all subscriptions must be for fifty dollars
or some multiple of fifty dollars.
The notes will he transmitted to the owners free of
transportation charges after the receipt Of the
original Certificates of Deposit they be prepared
As the notes draw interest from August l5,por5ons
making deposits subsequent to that date must pay the
interest accrued from date of note to date of deposit
Parties dcpositins twenty-five thousand dollars and
upwards for these notes at any time will be allowed
a commission Of ne-quartcr of per cent, which will
paid by the Treasury Department upon the receipt of
bill for the amount, certified to by the officer with
whom the deposit was made n? deductions for COM
missions must be made from thc'dcposits
Special Advantages OF this Loan.
LISA National SAVINGS BAYK, offering higher rate
of interest than any other AMI SECURITY. Any
savings bank which pays its dcposors in L. s. Notes.
considers that it is paying in. the best circulating
dum of the country, and pay anything bet
ter, for its own assets either Ill government sccur
ties in notes or bonds payable in government paper
1t is equally convenient tcmpofar, or permanent
investment. The notes always he sold for within
fraction of their face and accumulated interest and
the best security with banks coatoas for discount
Conrortibic into a Sir per cent. $50 Coil Bond.
In addition to the very liberal interest the notes
for three years. this privilege of conversion worth
about three per cent per ainn, for the rate for
$40 Bonds is not less than CENT PREMIUM, and
before the the premium six per cent L. g stocks
was twenty per cent. 1t will be that the
actual profit this loan at the present market rate,
not less than ten per cent. per anuum
It's Exemption from State or Municipal Tara-
But aside from all the advantages we have enumcra-
ted, special Act Of Congress ExEMpTs ALL ToYDs
TREASURY FROM LOCAL TAXATION. On the average
this exemption is worth about two per cent per annum
according the of taxation in various parts Of the
country.
1t is believed that securities offer so great induce
mcnts to lenders those issued by the government
In all other forms of indebtedness, the faith or ability
Of private parties stock companies, separate
muni;ics cnly is pledged for payment while the whole
property of the country ia held to the discharge
Of all the obligations of the United States
While the government offers the most liberal 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 deposting must endorse upon the ORIGINAL
certificate the denomination of the notes required and
whether they to be issued in blank or payable to
order. When endorsed it must be left with the officer
receiving the deposit to be forwarded to the Treasury
Department.
SUBSCRIPTIONS WILL NJ RECEIVED by the Treasurer Of
the United States at Washington the several Assistant
Treasurets and designated Dcpositarics, and by the
First National Bank Of baltimore, MI.
Second National Bank Of Baltimore, Nd.
First National Bank of Chester, Pa.
and by all National Banks which are depostarcs of
public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further Information,
and
AFFORD EVERY FACILITY TO SUBSCRl BEEs
August b. 1S6i-2m.