Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1864-10-06
FINANCIAL.
RI S. sEvEN-TuIRTY LOAN

The Secretary Of the Treasury sives po,ica ,,..
subscriv tlons win be received Tor Coupon T,aaa
ury Notes, payable three years nom Aus. is,s
1854, With semi-annuai interest al the re,s
seven and three ten,hs per cent por abpum
principal and interest both to he raid in I0ss,
money,
Thess notes w,ll'be convertible Al the or,,,, -,
the holder At maturity, into six Der cent ,a,s
bearing bonds, payable not less than 6ye ~.
more than twenty years from their dat,. a. r'
Government may elect. They viii be iss,,s :.
denominations Of $50, eco, sGO0, 81 CO0 80
5000, and al subscriptions mus, be for fit,y AL
lars 81 some multiple OF dfty dollars.
The notes VIII be transmitted to the tune
free OF trsnspor alton charge as soon ah,, ,ns
receipt Ut the Original Certificates Of I.Ios,,,
they can te prepared.
As the NOTES dlaw in crest nom August 18th
persons making d, posts subsequent TO that ds,.
must pay the interest accrued RON date OF not,
to date OF deposit
Parties dtposlting twenty -nye thvusand dolln,,
and upward ior thee notes at al y one time win
be allowed a commission OF one-qusrter OF on,
per cent.
SPECIAL ADVANTAGES OF THIS LOAN
Its National savln,s Bank, offering hiyh.
err rate Of lnleIes than any other, ana he Bksr
| SECURITY. Any rawlings Bank which pays n,
depostors in U. s. Note, consiGeis that is pay
| ing III the best circul 1t medium oi the oovn-
try, ana IT CANNOT pay IN anything better iOr
| it's own assets are either H. 50, eminent securi.
| ties or in notes or bonds payable IN government
| paper.
| 1t is equally ,uvenient as temporary or Der.
manent investment. The notes can always b
sold for within IT eIOn Of their face and aeon.
mulated interest, and are the best curi,y with
banks Us coliaterals for discounts,
| CONVERTIBLE INTO A SIX PER CENT
5-2O GOLD BOMB.
In addition TO the very liberal interest on IN.
notes for three years. this priylegs of eonyersiOr
is now worth about three per cent per annuu
for the current rate for $40 Bonds is not las
than NINE PER GENT PREMIUM, and befor
the war the premium on SIX per cent U. S. stocks
was over twenty per cent. IL will be seen that
the actual profit on this loan, at the present mar.
ket rate, is not less than ten per cent per an.
nun,
ITS EXkMiTION FROM STATE OR NUM-.
CIPAL TAXATION.
But aside from all the advantages we have sau.
merated, a petal Act of Congress EXEMPIs
ALL bon and TREASURY NOTES FROM
LOCAL T.,XA1ION. On The average, this En-.
emption is worth about two per cent per anuun,
according 30 the rate Of xation IN various yaT,,
of the country.
1t is bel we'd that 10 Is,curides offer 70 grea,
inducements TO lendero us those issued by ths
government. In all other forms OF indebtedness
the faith or ability of private parties, or soCI
oompani s, or separate Communities, only, Il
pledged for payment, while the whole property
OF the country is held TO secure the discharge o
all the Obligations Of the United states
While the government oflers the most liberal
terms Tor lis loans, II believea that the ven,
strongest appeal val be to tie loyalty and patr
otism OF The people.
Up to the 24sh OF September, the sutsTipi,u
TO THE loan amounted 10 over
1000. 900.
Subscriptions will be received by sthe Treas
urer OF the United States, at v ashinglon, th
several Ass:ss@nt Treasurers AMI desig1s, De
positaries, and b. the
NATIONAL BANKS OF BRANDON
ALL RES PECTABLE BANKS AND BANK
EeS
throughout this country wih give iurther inor
nation and afford
EVERY FACILITY TO SUBSCRIBE9s.
aug20d& WIN