The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-09-07
FINANCIAL.
U. S. 7-3O LOAN.

/ The Secretary Of the Treasury gives notice ths,
subscriptions will be received tor Coupon Treasury
Notes, payable three yeas from August Is, 1864
with semi annual interest at the rate of seven and
threetenths per cent per rannum,-principal and in.
terest both to be paid in lawful money.
These notes win 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
hfty, one hundred, Eve hundred, one thousand, and
five thousand dollars. and all subscriptions must
be for fifty dollars. some multiple of fifty dol.
lars.
The notes win be transmitted to this 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 10. person,
making deposits subsequent to that date must pay
the interest accrued from date of note to date of de-
posit.
Parties depositing twenty-five thousand dollars
anu eP"Afas ior THESE notes 81 any ons time will be
allowed commission OF one-qnarter of one per
cent, which win 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 vas
made. No deductions for commissions must be
made from the deposits.
Special Advantages of this Loan.
His a National Sarimgs Bank offering higher
rate of interest than any other and the best securi
ty Any savings bank which pays its depositors in
u S. Notes. considers that it is paying the best
circulating medium of the country, and it cannot
pay in anything better for ITS assets ara either
in Government securities or in notes or bonds pay
abs in Government paper
Its equally convenient as . temprary or perma.
nent investment. The notes can always be sold for
within fraction oftheir face and accumulated in.
tsrest, 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 of conversion
current rate for $40 Bonds not ess than nine per
cent premi,m. and before the war the premium on
six per cent u. s. stocks were over twenty per cent
1t win be seen that the actual profit ON this losn st
per aDuum.
It's Exemption from State or Municipal
Taxation.
But aside from all the advantages we have enum.
Grated. special Act Of Congress sxsspts all bonds
and treasury notes from local farafic~. On the
average. shis exemption is worth about two per
oent. per annum. according to taxation in various
parts Of the country.
1t ia believed that no securities otter SO great in.
ducements to lenders s those issued by the Govern.
ment. In all other forms of Indebtedness, the
faith ability Of private parties or stock compan.
ies or separate communities only pledged for pay.
ment. while the whole property of the country is
held to secure the discharge Of sl the obligations o,
the United States
While ths Government offers the most liberal terms
or its loans believes that the very stronges. ap.
peal will be to the loyalty and patriotism of the peo-
pie,
Subscriptions sei be received by the Treasurer OF
the United States, at Washington, the several As
ssiant rreasurers and designated Depositaries and
by the
FSrst National Bank OF Portland, Maine,
and by all National Banks which are Depositaries
of public money. and all respectable hanks and
Bankers throughout the country win give further
information. and afford every facility to subscribe.
Aug 20-dk WIN