The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1864-10-20
]. ). 7-3O
LOAF

l sA~<A IN
The Secretary VI the Treasury gives notice
that subscriptions will be received for Cou'
pom Treasury Notes payable three years from
| Aug 18th, 1864, with semi annual interest
at the rate Of seven and three ten tbs per cent
per annnm, principal aud interest 10th to be
paid in lawful money.
These notes viii he convertible At the option
Of the holder ut maturity. into six per cent
gold bearing bonds PAYABLE net less than
Ave nor more than twenty years from their
dnte, a. the Government may elect. They
vim Re is.uca in denominations Of $50. SlcO
SsOO, 81. OOO and $1,000. and all snhscrir.
tions mus, be for hfty dollars Or some multi.
pie Of 6ny dollars.
The notes will he transmitted 10 the own
ers free q Transportation charges as scon a..
ter the receipt Of the original Certificates Of
Depcsi, "a they can Re prepared.
A. the notes draw interest from AnRust -.
rnrrone making deposits subsequent TO that
date must rav the interest nc r:.s from date
Of roe TO da.e effs.ce;,e.
PARTIES d-rosi,;nc twenty 6vetorsand sol
LAYS aod no~ sr.is 70, ,hc.. not Is ~ any one
time will be allowed a COMMITS sirn ~ enc H'ts'
ter Of one per cent. which vii, !" raia ~
the Treasury Department "r"r the r"c''rt
81 . hill for the amount, certified 10 ny ~
officer with whom thr deposit WAS mad'. -
dennrt;cns Mr commissions must be male
from me deposits
>PEIaL ADVANTAGES OF Tn,>
LIAM.
IRIS 4 NATIONAL SsvI.Gs EAxK Offering :.
higher rate az Interest than any t,he:. an'
the best security. Anv SAVINGS haLk xh:ci.
ray. iis derosi'ors in Z. :. Mates. consider.
I'm, i, is irg in he 'est circulating mt
dunn of The con "ry ana il Cannot pay :;
snythine hc,ier. for its cwi assets are eth
er in government sccurities or in notes o.
csds PAYABLE in government parer.
tits equally convenient % y temporary o.
perma nent ;nvest mens. the notes can a.
we've he sold for within fraction Of 'he'
eace and accuM ulnted interest. and are he
hest eecuri with hanks IA c"!la,erals ~,
discounts
Convertible in.o a Six per cent.
$50 G. ia nOnd.
In addition 10 tie vc~y liberal interest o.
the notes for three years this privilege .,
conversion is now wpr,h ah"n, thee ZEE
cent. per annnn. for The cnrren' ra'" !.
.-o0 bonds is NO, less than nine PER cent PR
miMns and before the var the prr,n! nns or
six rcr cent Y : siocxs VS. over twenty
:,cr crnt. I will he seen thar .he actual
profit ON This loan. =, the present m,rk-,
rate. is NOT iess than zen Ier crnt rer An
mum
redemption from state or Mu.
n nc pal t. Kat on.
enumerated .peci.l Act of Ion ..ress srrnp,>
ntiLonds ard Treasury notes fran local '.srlf.n
On the av.ras". is exemption is wa,,h
about two per ceat. Ter aannm, accord nr i.
the rate Of taxation in various parts Of tic
country.
1t is believed thar no securities offer >
great Inducements to lenders ~ those : >.:s.
By the government. In all other I nag
Indebtedness. the faith or Witty Of :,iy
parties, or stock companies or separ.., .os
munities only. is pledged for payment, Will.
the whole property OF the counirv is h...
10 secure the discharge ofaN the obligations
Of the United States.
While the govern ment offers the mos, lib
ePal terms for its loans, II believes that IL.
very strongest appeal will be to the 10y ally
AMI patriotism cf the people.
Duplicate certificates will be issne,t for Nil
deposits The party dcposi'in2 must en- loist
upon the original certificate the dcnou.ina-
ton Of notes required and whether they AZ.
to DO issued ia blank or payable to o.de,
when 50 endorsed il mu.t be lef. with u.
officer receiving the deposit. TO be forwarlc
to the Treasury department..
SUBSCRIPTIONS WILL ne RECEIVED Wv the
Treasurer Of the United States. At Washing
too, the several Assistant Tressnrs RI an.
designated Dero.itsries. ar 4 ~ the
First Nationa. Bank of
Iowa City. Lyons, davenport and p:hnq"e
and BY all Nstional Banks which are deposit
taries Of public money, and
ALL REsrECrARLE BANKS AND RANKEE
throughout the country will give further in
formation sud
AFFORD EXERT FACILITY ~ sUs.cRlBERs
vol7n3lm3