Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-10-21
o. S. 7.sO LOAN.

The Secretary Of the Treasury giVes notice that
subscriptions will be received for Coupon Treasury
Notes, payable three years from Aug. 18th, 1884,
with seni-snnuaI interest at the rate of seven and
thrOe-tsnths per cent. per Annum-prinsipsI and
interest both to De paid in lawfuI money.
These notes VIII be convertible at the option Of
the holder atmAturity into six per cent. gold besr
ing bOnds, payable not less than i've nor more than
twenty years from their date, IS the 6Overnmsnt
may elect. They win bs issued in denominations of
e5a, sleo, $780, 900 and S., CO., and ell subsorip-
tiOns must be for hty dollsrs or some multiple Of
nfty dollars. h.v-...- ...
Tho notes viii he transmitted to the owners free
Of transportation charges after the receipt
Of the original Certificates Of Deposit they can
be prepared. ..-.. -.-r .4-. ....-..
As the notes draw interest from August is, per-
sous making deposits subsequent 70 that date mast
pay the interest accrued from date Of note to date
of deposit. s~e.-- r,..
Parties dePositing twenty-five thousand doiiAEs
and upwards for these notes at any one time viii be
allowed commission Of one-qusrter Of one per
oeNt. ....-.---.-.s.
Special Advantages OF this Loan
I'm 4 NATIONAL SAvnsss BAsl, Ofiering higher
rate or interest than any other, and tie best ssoT
Any savings bank which pays its depOsitOrs ia o.
s. Eotes considers that is psyng in the hest cir
culatiug meoium Of the country, and it oaunos pay
III anything better for It's assets are either in
gOvsruner securities o. in notes OF bonds Payahis
in government paper.
1t l. squAlly convenient a temporary OF per
mansut investment. The notes saB always De sofa
for within faOtion OF their fsce and accumulated
interest. and sre ths best security with banks as
OOllstsrais for disSOunts.
Convertible into six per Cent, b-2O
Gold Bond.
IA addition 10 ths very liberal interest OIL the
not0s for three years. this privilege Of conversion Is
now worth about three per cent. per annuIn fO ths
currnt rate for $50 Bonds is not less than lss pz
oczi- pTentuaii and before the war the premium on
six Por cent. Q. s. stocks over twenty Per cont
1t win be seen that the actual profit on this loan,
at the present market rate Is NOT less than ten pol
cent per Annum.
Its' Exemption nom state Sr munieI-
DHl Taxation
BuF Gside from sG the advantagss We have 5Hu-
merated special AOt OF Congress esoaPts all bad.
aai Tszsug .otos from local tazat'o On the svsr-
agei this exemption Is worth about two per cent.
per snnum according to the rate Of taxation IN va
riOus parts OF the country.
II is believed that no securities oaer 20 great n-
dsoements lenders as those Issued by the govern
ment. In all Other forms OF indsbtednesa the faith
ability OF private parties stock companies or
separate communities, only, is pledged for pay
msht, while the whole property of the country Is
held to the discharge Of all the obligations
q the United States. ,-.
While the government oders the most liberal
for its Ioans it believes that the very str0ng
est appeal viii De to the loyalty snd patriotism OF
the people, L.
up to the z4th of September, the subscriptions to
4