The Portland daily press., 1864-09-24
FINANCIAL.
u. S. 7-3O LOAN.

". .. -0U LOAlN.
me Secretary of the Treasury gives notice that
subscriptions viii be received for Coupon Treasury
Notes payable three years from August Is, 1854,
with semi annual interest at the rate of seven and
three-tenths per cent per rannum,-principal and In
'essst both to be paid in lawful money.
These notes will be convertible at the option of the
noder at maturity. into six per cent gold bearing
ponds, payable not less than FIVE nor more than
twenty years from their date, as the Government
may elect. They will be issued in denominations OF
MY, one hundred five hundred, one thousand, and
hve Thousand dollars, and all subscriptions mus,
efor atty dollars, soIas multiple of ATTY dol.
lars.
Ine notes will be transmitted to tbs owners free Of
transportation charges as soon after the recent OF
the original Certificates Of Deposit as they can be
prepared. raa5g b4aol seH .zid4maH
As the notes sdrawinterest from August Is, person.
making deposits subsequent to that date must pay
the interest accrued from date of ncte to date Of de-
posit ~
Parties depositing twenty-five thousand dollars
ana upwards for these notes at any one time will be
allowed commission OF one-qnarter Of one per
cent, which will be paid by the Treasury Depart.
ment upon the receipt Of bill for the amount, Ger.
tiled to BY the officer with whom the deposit was
made. No deductions for commissions must be
made from the deposits. 3na ai M &. sfa3 gaa
Special Advantages Of this Loan.
Hssa National Servings Bans, Offering higher
rate OF interest than any other, and the best ssey
fy. Any savings bank which pays its depositors in
.. s. Notes, considers that is paying in tho bes,
circulating medium Of The country, and it ean,.ot
pay in anything better for its own assets are eilaer
In Government securities or in notes or bonds par.
able in Government paper
AUS equally convenient as q temprarS or perma
nent investment. The notes can always be sold for
within fraction oftheir face and accumulated in.
terest and are the bcst security with banks as cca
erals for discounts. r5.s s sol
Convertible into 8 per cent $50 Gold Bond.
In addition to the very liberal interest on the
notes FOR three years, this privilege OF conversion Il
new worth about three per cont per snnas, for the
current rate for $40 Bonds is aos ess than nine Der
cent preminzs end before the war the premium on
six Per cent. u s. stocks were twenty per cent
twill be seen that the actual profit on this loan at
the present msrket rate is notess than ten per
per annam. sesd s9aa .ii1 pal5 ao
Its Exemption from State or Municipal
Taxation.
But aside from all the advantages we have enum.
Grated special Act of Congress esenspts all bond.
ana trsassrg actes from local tGratioa. On the I
aFaEags, this exemption ia worth about two per
cent ;er anngnn, according to taxatisa Ia various
parts Of the country a cA ono |
It believed that no securities offer SO great in.
dueeaats 70 lenders those issued By the Govern.
nent. In all other forms of Indebtedness, the
faith orabty OF private parties, CT stock corpan-
ies, separate communities only is pledged forpay
ment, while ths whole property of the country lie
held to secure the dsohargeof all the obligations Of
the United States. a1 n7goH
Whilethe Government offers the mostIibersl terms
or its loans it believes that the very %. -o. a.
peal will be 20 the loyalty and patriotism OF the peo
pie. -5sa1e M .fiass.li aia5.nJ IS
Subscriptions ,Oit Dc receiOed by ths Treasurer Of
the United States, at Washington, the several As
sistant Treasurers and designated Dspositarie and
by the os
First National Bank of Portland, Maine,
and by all National Banks which are Depositaries
Of public money, and all respectable Banks and
Bankera throughou, the country viii give further
information, and afford every facility to subscribe
Aug 2O--dAw2m ol0 4 5