The Portland daily press., 1864-09-30

The Secretary of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes, payable three years from August Is, 1884,
with semi annual interest at the rate of seven and
threetenths per cent per annum,-principal and In.
terest both to be paid in lawful money.
These notes will be convertible at the option ofthe
holder at maturity, into six per cent gold bearing
bonds, payable not less than five more than
twenty years from their date, as the Government
may elect. They will be issued in denominations Of
fifty, one hundred, five hundred, one thousand, and
five thousand dollars, and all subscriptions must
be for fifty dollars, or some multiple of fifty dol
lars.
The notes viii be transmitted to the owners free Of
transportation charges soon after the receipt Of
the original Certificates of Deposit as they can be
prepared
As the notes draw interest from August 49, persons
making deposits subsequent to that date must pay
the interest accrued from date of to date Of de-
post.
Parties depositing twenty-five thousand dollars
and upwards for these notes at any one time will be
allowed commission OF one-qnarter of one per
cent.
Special Advantages of this Loan.
H is National Savings Bank, Offering higher
rate of interest than any other and the best sscur
ty. Any savings bank which pays its depositors in
o. s. Notes. considers that it is paying in the best
circulating medium of the country, and it cannot
pay in anything better, for its assets either
in Government securities or in notes bonds pay
able in Government paper.
1t is equally convenient as temprary or perma.
nent Investment. The notes can always be sold for
within fraction of their face and accumulated in
terest and the best security with banks as coat.
erals for discounts.
Convertible into 8 per cent $40 Gold Bond.
In addition to the very liberal interest on the
notes for three years. this privilege of conversion "a
now worth about three per cent per annum, for tho
current for $50 Bonds not less than mine per
cent premium. and before the war the premium on
six per cent u s. stocks were over twenty per cent.
1t viii be that the actual profit on this oan at
the present market rate Ia notices. than ten per cent
per aDnum.
It's Exemption from State OF Municipal
Taxation.
But aside from all the advantages we have enum-
Grated. special Act of Congress ere1pts all bonds
and treasury notes from local taratioa. On the
average, this exemption Is worth about two per
cent. per annVm, according to taxation In various
parts of the country.
1t is believed that no securities offer so great in
ducements to lenders those issued by the Govern
ment. In all other forms of Indebtedness, the
faith or ability of private parties. stock compan-
es separate communities only, Is pledged forpay-
ment, while the whole property of the country is
held secure the discharge of all the obligations Of
the United States.
Whilethe Government offers the mostliberal terms
for its loans believes that the very strongest sI
peal will be to the loyalty and patriotism ofthe peO
pie.
Up to the Gath of September, the subscriptions to
this loan amounted to
$40, 100000.
Subscriptions sciH be received by the Treasurer Of
the United States, at Washington, the several AS
sistant Treasurers and designated Depositaries and
by the
First National Bank of Portland, Maine.
All respectable Banks and Banker, throughout
the country, will give further information and
afford every facility to subscribers.
Aug 20-d&w2m