Mineral Point weekly tribune. (Mineral Point, Wis.) 1859-1868, 1864-09-07
q u. s. 7-30
ho nj
LOAN.

LOAN.
The Secretary of the Treasury gives not;oa a..
septions viii be received for Coupon Treasury Notes
payable three years from August 18TH 1864 with SOM,
annual interest at the rate of seven and threets,o.
per cent per annum,-principal and interest both =.
be paid in lawful money.
ihese notes will be convertible at the option Of tho
holder at maturity, into six per cent gold,bearir-
bonds, payable not less than five nor more than ta
years from their date, the government may cleo,
They will be issued in denominations Of $50 500 sroo
$1,000 and $4,000, and all subscriptions mpst ha 20,
fifty dollars or some multiple of fifty dollars.
The notes viii be transmitted TO the owners free
oil transportation charges soon after the recent ~
the original Certificates of Deposit as they Can he
pared.
As the notes draw interest from August 10 person.
making deposits subsequent that date must paw tb
interest accrued from date note to date Of deposi,
Parties depositing twenty-five thousand dollars and
upwards for these notes at any one time will ba ,rs
a commission of onequarter of one per cent, which
will be paid by the Treasury Department upon the
ceipt of bin for the amount certified to by the office,
with whom the deposit was made. No deductions for
commissions must be made from the deposits
Special Advantages of this Loan.
IT IS NATIONAL SAvIyGs BANk, offering higher rate
ofnerest than any other, aud TIE best security Any
savings bank which Jays its depositors in L s. Notes
considers that it is paying the circulating me-
dunn of the country, and it cannot pay in anything
better its assets are either in government Sc
curities in or bonds payable IN governments
paper.
It is equally convenient as temporary or perna-
uent investment The notes can always be s7ll 70,
within fraction Of their face and accuau rate5 inter
est and are the best security for banks a= .a.ers
for discounts
Convertible into ask per CENT see CaiEUaaa
In addition to the very liberal interest an -. a-az
for three years, this privilege of o-a-s.r IS a--
worth about three per cent. per aaaEm. ..a --..
rate for go Bonds is not les than afr. @ c-t r--
1atan aud before the war the premium On six Peg cent
I. s stocks was over twenty per cent twill be seen
that the actual profit this loan the present mar
ket rate is not less than ten per cent. per annum
lis Exemption from State or Municipal Taxaton.
But aside from all the advantages we have enumerat
ed, special Act of Congress eeempts al bonds and
Treasury notes from focal taxation. On the aver
age this exemption is worth about per cent per
annum according to the Of taxation in various
parts of the country.
1t is believed that securities offer so great induce
ments to lenders those offered by the government
In all other forms of Indebtedness the faith ability
of private parties, stock companies separate
communities only, is pledged for payment, while the
whole property of the country is held to the
discharge all the obligations Of the United States.
While the government offers the most liberal terms
its loans it believes that the very strongest appeal
will be the loyalty and patriotism of the people.
Duplicate certificates will be issued for all deposits
The party deposting endorse upon the original
certificate the denomination of notes required, and
whether they to be issued in blank or payable TO
order. When endorsed it be left with the officer
receiving the deposit forwarded to the Treasury
Department
SUBSCRIPTIONS WILL RECEIVED by the Treasurer
of the United States Washington, the several As
sstant Treasurers and designated DepOsares, and by
the
First National Bank of Madison,
Wisconsin, aud by all National Banks which are de-
postares of public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further information
and
AFFORD EVERY FACILITY TO SUBSCRIBERS.