The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1864-10-26
q. S, 7-30 LOAN.


THE seoTelsry Of tho Treasury gives nsr
tics that subscriptions will be resolved is<
Coupon Treasury Notes, payable from An
gust I5th, 1854, with ssmi-Gnnual intsrsf
AZ tho rate Of seven and thres-tsnihs pa
cont. per annum-prluelpsl and interest,"
both u bo. paid in lawful money.
Those notes will 10 convertible nj tie op-
rs0n OF thehoider at maturity into SIX pE
ceht. gold beering bonds, payable not les
than Ave nor more than twenty years iroEp
ne ir date, as the Government may elect
They will fje issued In denominations of f5G
500 $500. 81 900 and S. 90 AID al sulIscriP
tions must le for fifty dollars o. Ssezns null
tiple Of any dollars.
The notes will DO trapsm.tted 70 hs own
ers free Of transportation charges as soon
after 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 tn
that date must pay the interest accrued
i from date Of note 10 date Of deposit.
Parties depositing twenty-fv Thousand
dollars and upwards for these notes at any
one tirne will be allowed a commission ef
one-auarter of one per cent, which Will be
paid by the Treasury Department upon the
receipt Of bill for the amount, certified 10
by the officer with whom the deposit was
| made. No deductions for commissions
III ct he made from the deposits. y
spe. Advali}aeesof of this Loan.
1sANATIoNAL SAVINGS BANK, Offering
! A higher rate Of interest than any other, and
| the best Sec aT1ts. ANY savings bank which
| pays It's depositofs in.U. S. Notes, considers
that It 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.
It is equally convenient rs temporary or
| permanent investment. The notes cnn al
ways be sold for within fraction OF their
| face and accumulated interest, and are the
best security with banks a. collats1als for
| discounts.
| Conrotibls into a Sir pty cent. $40 Gold
Bond.
In addition to the very liberal interest ON
the notes for three years, this privilege OF
conversion is now worth about three per
| cent. per annun, for the current rate OF 6-2a
Bonds is not less than nine per cent. Prenia't''
and before the war the premium on six per
| cent U. S. stocks was over twenty-per cent
It will be seen that the actual profit on this
loan, at the present market rate, is not less
than ten per cent. per nnnum.
ITS EXEMPTION FROM STATE AND
! MUNICIPAL TAXATION.
But aside from all the advantages we have
enumerated, special Act Of Congress ear
enpts all bonds and Treasury notes from
local taration. On the average, this exemp~
tionis worth about two per cent. per annun1,
according to the rate Of taxation in various
parts Of the country.
tits believed that no securities offer 50
great inducements to lenders as those issueo
by the government. In all other forms OF
Indebtedness, the faith or aoility OF private
parties, or stock companies, or separate
communities, only. s 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 1ih-
e,aI terms for its loans. 1t believes that tbs
very strongest appeal will be to the loyalty
and patriotism of the people,
Duplicate certificates will be issued for an
deposits. The party depositing must en-
dorse upon the original certificate the do
nomination of notes required, and whether
they are to be issued in blank or payable to
order. When so endorsed it must be lefS
with the officer receiving the deposit, to bs
!
forwarded to the Treasury Department.
SUBSCRIPTIONS WILL BE RECEIVED by ths
Treasurer of the United States, at Washing
ton, the several Assistant Treasurers and
designated Depositories, and by the
First Nat omaI Bank Of Ca(aiz, Ohio,
and by all National Banks which are deroa-
itaries of Public money, and all
RESPECTABLE BANKS and BANKERS
throughout the country will give further In
formation'and
AFFORD EVERY FACILITY TO SUD
SCRIBERS..
= August II, ls64-sm.