The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1864-07-21
u. S. lO-4O BONDS.

These bonds are issued under the Act o, Congress OF
March Sth, 1864, which provides that all bonds issued
under this act shall be EXEMPT FROM TAXATION
BY or under any state municipal authority. Sub.
scrpions to these bonds received In United States
notes notes of National Banks They are to be RE
DEEMED IN COIN, II. the pleasure Of the aore,n-
ment at any period not Tess than ten nor more the.
Jerty from their date and until their reiernp
ton FIVE PER CENT. INTEREST WILL BEpAIp
IN COIN, on bonds OF not one hundred dollars
annually and on all other bond, semi-annuaIly The
interest payable the frs, day. of and March Sep
I TENDER Of each year.
Subscribers will receive either reristered or cop,r
bonds, as they may prefer Registered bonds are re.
corded on the books of the T. s. Treasurer and can
be transferred only on the owners order, Counnn
bonds are payable to bearer, are more conven,n,
for commercial uses.
Subscribers to this loan will have the option Of hav
ing their bonds draw Interest from March ,st hv
Ing the accrued interest in con(cr in United States
notes, or the notes Of national hnrks adding v p.r
~~'' '"' OF receive them
from the date of subscription and deposit, As thesc
bonds az.
Exempt from Municipal or state Taxation.
their value IS increased from one to three Der cent
per annum according the rate of tax levics In va
rio,s parts ofthe country.
AT the present rate Of premium on gold thcy pay
Over Eight Per Cent. Interest
In currency, and are of equal convenience as perna.
nent or temporary investment.
1t is believed that no securities offer great induce
mens to lenders as the various descriptions L.
Bonds In all other forms of indebtedness, the fafl
"S oi Pr''at" parties or stock companies sep
aratc communities only pledged FOR payment whit,
for the debts Of the United State, the Whole property
of the country is holden secure the payment Of
principal and interest in coin
These Bonds may be subscribed fot In sums from 81
MP to any magnitude the same terms and are thu.
made equally available to the smallest lender and the
largest capitalists. They can be converted into none,
at any moment and the holder III have the benefit u
. The interest.
1t may be useful to state in tIiE connection chat tn,
total Funded Debt Of the United States which inter
est is payable in gold, the Sd day of March, 1861
was $io~965, 900. The interest this delt for The
coming fiscal year will be 5,93, ,la6, while the Gus
ms revenue in gold for the fiscal year, eudin.
June Both, leGi, has been far at the Of over
| elO0, oCo 600 per annum
1t will be seen that even the present gold revenues
Of the Government largely in excess of the want
Of the Treasury for the payment Of sold interest, while
the recent increase Of the tariff will doubtless raise th
= annual receipts from customs on the amount o
/ importations, to $3.50 ,o3o, oUo per
Instructions to the National Banks acting as loa,
agents not issued from the United States Treasu
until March % but in the first three weeks Of Apr
the subscriptions averaged more than TEN MILLION
AWEEK.
Subscriptions sirbe rccciycihy the
First National Bank of Davenport. Iowa
First National Bauk Of kcohulI, Iowa.
First National Bank of Mt.Picasamt, 10 WA
And by all National Banks
which are dcposttarics Of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country, (acting agents Of the Ma
tona Depository Banks} will furnish further informa
ton application and
Afford every facility to Subscribers.