Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1864-07-15
U. s. 1910 BONDS.

HESE Bonds iSFued under the Act Of Congress Of
March sth 1854, which provides that all Bonds issued
under this Act shall be EXEMPT PROM TAXATION by
under any state municipal authority Subscriptions
these Bonds received in United States Of Ma
tional Banks They are TO BE REDEEMED IN COIN,
the pleasure Of the Government any period less
Aas than forty years from their date and
til their redemption Five Per Cent Interest will be
Paid in Coin, Bonds Of not hundred dol
lara annually The interest payable the first days
March and September in each year
Subscribers will receive either Registered or Coupon
Bonds, as they may prefer. Registered Bonds are re-
corded the Books Of the O. S. Treasurer and be
transferred only the owners order. Coupon Bonds
payable to ordeF and arc eonvsnisSs FOR
mercial uses
Subscribers this loan viii have the option of having
their Bonds draw interest from March ls BY paying ths
accrued interest in coDor in United States notes.
the of National Banks adding ty per for pre-
min, receive them drawing interest from the date Of
subscription and deposit, As these Bonds ara
Exempt from Municipal or state Taxation,
their value increased from one to three per cent per an
according the of lsvea various parts
the country.
At the present rate of premium on gold they pay
OVER EIGHT PER CENT INTEREST
in currency and equal convenenes a. permanent
and temporary investment
It believed that securities offer so great induce
mcnts to lenders the various descriptions Of u S.
Bonds In s other forms Indebtedness the faith and
ability Of private parties companies or separate
communities only pledged for payment while for the
debts of the United States whole property Of the coun
try holden to the payment Of both principle aud
interest in coin.
These Bonds may be subscribed for in sums from $40
up to any magnitude the same terms and are thus
made equally available the smallest lender and the
largest capitalist They be converted into money at
any moment and the holder win have the benefit Of the
interest.
It may beusefn 70 state in this connection that the to-
tai Funded debt Of the United States on which interest is
payable in god the Sd day ofMsrch, 1864 $685.
s7SO00 The interest on this debt for the coming fiscal
year viii be I2s while the customs gold
for the current fiscal ending Jsne SOth 1864 has been
SO far atthe rate OfOver $lOo, 100000 per annum.
win beseen that the present gold Of the
Government are largely in excess of the wants Of the
Treasury for the payment Of gold interest while the re-
cent increase Of the tariff win doubtless raise the annual
receipts from customs 90 the same amount Of importa
tions, to $Is0, 600 900 per annum
Instructions the Nstiouel Banks actin asloan agents
were not issued from the United States Treasury until
March &c. but in the rst three weeks Of April the sub
scriptions averaged than Ten Millions Week.
Subscriptions win be received by
All National banks
which are dspostasie, Of Public money, and all
RESPECTABLE BANKS AND BANKERS
Depository Banksl viii furnish further Information
AFFORD EVERY FACILITY TO SUBSCRIBERS.
Nay -, Ise4-4mL /