Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1864-11-09
U. 8. 7.se Lean

|. e.. .. y d
The Secretary Of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes, payable three years from Aug. 18th. 1884.
with sem-annual interest at the rate Of seven and
three tenths per cent. per annumprincipa ~ in
terest both TO be paid in lawful money.
These notes will be convertible at tho option Of
the holder at maturity into six per cent geld bear
ing bonds, payable not less than five nor mae than
twenty years from their date, as the Government
may elect. They will be issued in denominations Of
$780, $780, $780, 81 600 and s5, 900, and all subscrp-
tions must be for fifty dollars or some multiple OF
fifty dollars. ff ,ts4sl- f-fe .aitl,
The notes will be transmitted TO the owners fies Of
transportation charges after the receipt OF
the original Certificates Of Deposit as the, cen be
prepared. ft q
As the notes draw interest from August Is persons
making deposits subsequent To that date nust pay
the interest accrued from date Of note to date Of de-
posit.
Parties depositing twenty-five thousand dillass
and upwards for these at any one time win be
allowed commission of one-quarter Of one or Ssnt
SPECIAL ADVANTAGES OF THIS LOAN. r
ITIsA NATIONAL SAVINGS BANK. Offering shigh-
rate Of interest than any other. and hebe secSr
W. Any savings bank which pays its depo oitors in
circulating medium of the country. and it ednsot
pay in anything BETTER for its own assets either
in government securities or in notes bonds raya-
BILE in government paper.
1t is equally convenient as q temporary or peimar
nent Investment The notes can always be sold for
within fraction Of their face and accumulated in
terest, and the best security with bank coll
laterals for discounts.
Convertible into Six per cent $40 Gold Bond.
In addition to the very liberal interest IN the
notes for three years. this privilege Of CONVERSE is
now worth about three per cent. per annum for the
current rate for 500 Bonds is not less than mo per
cent. premium, and before the war the premium on
six per cent. u S. stocks twenty per cent.
It will be seen that the actual profit this oa at
the present market rate. is not less than ten per
cent. per annum.
Its Exemption from State or Municipal Taxa
ton.
But aside from all the advantages we havee umer-
| ated, a special Act Of Congress esempts al bcnds
and Treasury notes from local tdcGtion. On the
average this exemption is worth about two Per cent
per annum according to the rate of taxation in va
| rious parts Of the country.
It is believed that no securities offer so g. cal in
ducements to lenders rs those issued by the overn-
ment In all other forms of Indebtedness. the faith
or ability Of private parties, stock companies, or
separate communities, only, is pledged for vment.
while the whole property of the country is heij to
secure the discharge of all the obligations Of the
| United States.
1 While the government offers the most ibera tom
for its oans believes that the very strongest ap-
peal will be to the loyalty and patriotism Of 4 reo-
| pie.
Up to the oath of September. the subscripi on to
| this loan amounted to ever
$40, 100000.
SUBSCRIPTIONS WILL BE RECEIVED by the Treas
urer Of the United States. at Washington. the
eral Assistant Treasurers and Designated Deposit
aries, and by the
FIRST NATIONAL BANK OF COLUMBUS, OHIO,
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further iniorma-
| ton and -- r.t-T
AFFORDEvERY FACILITY TO SUBsCRlBE
| sepl-2md&w