Urbana union. [volume] (Urbana, Ohio) 1862-1872, 1864-08-31
S.7-30Loan.

The Secretary Of the Treasury gives notice that sub
scriptions will berecevedfor Coupon Treasury Notes,
payable three years from Aug 18th, 1854 with semi
annual interest at the rate Of seven and etenths
per cent per rannum-principal and interest both to
be paid in lawfnI money.
These Notes win be convertible at the option Of the
holder at maturity, into six per cent gold bearing
bonds payable not less than ave nor more than ten-
ty years from their date, ,as the Government may elect
They will be issuedi in denominations of $50, S1OOO
$500, $1,000 and s5OOO and all subscriptions must be
for afty dollars or some multiple Of fifty dollars.
The notes win be transmitted to the owners free of
transportation CHARGES as soon after the recepsOf the
original Cortscases of Deposit as they can be pre-
pared.
As thenotes draw interest from August 49, persons
making deposits subsequent to that date must pay
the interest accrued from date of note to date of de-
posit
Parties depositfng twenty-five thousand dollars and
upwards for these notes at any one time will be allow
ed commission Of one quarter of one per cent which
will be paid by the Treasury Department upon the
receipt of bill for the amount certified to by the or
Herewith whom the deposit was made. No deduc-
tions for commissions must be made from the de-
posits.
SPECIAL ADVANTAGES oF THIS LOAN.
It Is A NATIONAL sAvINss BANK, offering higher
rate of interest than any other and the best security
Any savings bank which pays its depositsrs in U s
Notes considers that it is paying in the best eircu
ting medium of the country it cannot pay in any
thing BETTER for its own assets are ehsr in govern
ment securities OF in notes OF boads payable in gov
crnnfent paper.
1t is eqnally coIrYcsfgnt as temporary or pgrua.-
nent investments. The notes can always be sold for
within fraction of their ce and accumulated inter-
est, and are the best security with banks acoaterals
for discounts
Convertible info Slp per cent. 500 Gold Bond.
In addition to the very liberal interest on the notes
for three years. this privilege of conversion is aoT
worth about three percent per annu for the current
rate for $50 Bonds is not less than nine per cent pre-
n'im, and before the wsr the pre1niun on six per
cent. Z. S. stocks was over twenty per cent It wiz
be seen that the actual profit on this loan the pres
ent market rate is not less than ten per cent per an
mum.
Its Exemption from State or Municipal Taxation.
But aside from all the advantages we have enumer-
ated, special Act of Congress erepts all bonus ana
Treasury notes from local tarati0a On the aEerago
this exemption is worth about two Per cent per an.
num- according to the rate OF tazationi in various parts
OF the country
1t is believed that no securities offer so great in
ducements to lenders as those issued by the govern
mcnt In all other forms of indebtedness the faith or
ability of private parties or stock companies or sep
arato communities, only, is pledged for payment,
while the whole property of the country is held to
secure the discharge Of all the obligations Of the Uni
sed Suites
| While the government offers the most liberal terms
for its loans believes that the very strongestap appeal
will be to the loyalty and patriotism Of the people
Duplicate cersfcates will be issued for all deposits
The party depostls must endorse upon the Original
certificate the denomination of notes required and
whether they to be issued in blank or payable to
order. When. 50. endorsed it must be left with the
ohcerrcceiving the Deposit to be forwarded to the
| Treasury Departments.
Subscriptions may be reosirea bE the TreasureIeoft the
United States at Washington, the several Assistant
Teasurers and designated Depositaries, and by the
First National Bank Of Cincinnati, 0.
First National Bank Of Columbus, o..
First National Bank of Dayton,.O
Second National Bank of Springfield, O.
and by all National Banks which arc d5pos.ari5s Of
public money, and
All Respectable Banks and Bankers
throughout the country viii give further information
| and
AFFORD EVERY FACILITY TO SUBSCRIBERS.
! 193-3m