The Portland daily press., 1864-09-21
FINANCIAL.
U. S. 7-30 LOAN.

Aho ocCrStAr1 VI iEe1Sufg RlNts Aosieo the'
subscriptions will be received tor Coupon Treasury
Notes, payable three years from August Is, 1864,
with semi annual interest at the rate of seven and
threo-tenths per cent per rannum,-prncipal and in.
tercst 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 I've nor more than
twenty years from their date, as the Government
may elect. They will be Issued in denominations OF
dfty, one hundred, Eve hundred one thousand, and
five thousand dollars, and all subscriptions must
be for fifty dollars, or some multiple Of afty dol.
lars.
The notes will be transmitted to tbs owners free oi
transportation charges as soon after the receipt OF
the original Certificates of Deposit as they can be
prepared.
As the notes draw interest from August l5 persons
making deposits subsequent to that date mus; pay
the interest accrued from date of note to date of de-
posit.
Parties dcpcsidng twenty five thousand dollars
and upwards for these notes at any one time will be
allowed commission OF one-qnarter Of one per
cent, which will be paid by the Treasury Depart
ment upon the receipt of bill for the amount, Ger.
tilted to by the officer with whom the deposit was
made. No deductions for commissions must be
made from the deposits.
Special Advantages of this Loan.
Hisa National sariass Bank, Offering a higher
rate of interest than any other, and the best scsri
IT, Any savings bank which pays its depositors in
U. s. Notes, considers that It's paying in the best
circulating medium Of the country, and 1t CANNOT
pay in anything better for its own assets are either
In Government securities or in notes or bonds pay.
able in Government paper.
II Is equally convenient temprary or pcrma.
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 per cent. $40 Gold Bond.
In addition to the very liberal interest on the
notes for three years. this privilege conversion
now worth about three per cent per annun, for the
current rate for 40 Bonds is not ess than niae per
cent premium. and before the war the premium on
six per cent U. S. stocks were twenty per cont
1t viii be seen that the actual profit on this loan q,
the present market rate ia less than ten per cent
Per apnum.
Its Exemption from State or Municipal
Taxation.
But aside from oil the advantages we have enum.
Grated special Act of Congress crempts all bonds
and treasury notes from local faratio~. On the
average, this exemption is worth about two per
cent er annqm, according to taxation in variou,
parts Of the country.
1t is believed that securities offer so great in.
dacemsnts to lenders those issued BY the Govern.
ment. In all other forms of Indebtedness, the /
faith or .bty Of private parties or stock compan.
ies, or separate communities only forpay.
raent, while the whole property of the country /.
he'd TO secure the discharge of all the Obligations Of
the United States
While the Government offers the mostliberai terms
or It's Ioaas believes that the very strongest ap.
peal will be to the loyalty and patriotism ofthe peo-
pie.
Subscriptions oin Be received by the Treasurer of
the United States, at Washington, the several As
sisiant Treasurers and designated Depostaries and
by the
First National Bank OF Portland, Maine,
and By all National Banks which are Depositaries
OF public money. and all respectable Banks and
Bankers throughout the country viii give further
and Afford every facility to subscribe.
Aug 2-dkw2n