Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1864-10-22
u. s. .7-3O LOAN.

Tie Secretary of the Treasury gives notice that sub
scrpons will be received for COuponTreasury Notes.
payable three years from Aug. 18th, lsf4, with semi
annual interest at the rate Of and threetenths
per cent per annumprincpal and interest both to be
paid in lawful money.
These notes will be convertible at the option of the
holder at maturity, into six per cent gold bearing
bonds payable not less than five more than twenty
years from their date as the Government may eleet-
They win be issued in denominations OF $50 $780, $780,
81 600 and $780, and all subscriptions must be Tor fifty
dollars or some multiple of fifty dollars.
The notes will be transmitted to the owners free o
transportation charges after the receipt of the
original Certificates Of Deposit they be pre-
pared.
As the notes draw interest from August Is, persons
making deposits subsequent to that date must pay the
interest accrued from date Of note to date of deposit
Parties depOsitng twenty-five thousand dollars and
upwards for these notes at any time will allowed
commission of one-quarter of one per cent, which
viii be paid by The Treasury Department upon the re-
cept of bin for tie amount certified 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.
interest than any other and the best security. Any
savings bank which pays Its dspositors in T. Notes.
considers that it paying in the best cireus:ing med
of the country and it cannot pay in anything bet
ter for its assets either in government seeuri
ties in notes or bonds payable government paper
1t is equally convenient as atemporary or permanent
investment. The notes always be sold for within
fraction of their face and accumulated interest and are
the best security with banks coaers for discounts
CONVERTIBLE INTO SIX PER CENT 500
GOLD BOND,
In addition to the very liberal intereston the notes
three years, this privilege of conversion worth
about three per cent per annum for the current rate
for $40 Bonds is not less than nine per cent premium
and before the the premium per cent. U. S
stocks twenty per cent. 1t will be seen that
the actual profit this loan, at the present market
rate, is not less than temper cent. per annum.
ITS EXEMPTION FROM STATE OR MUNICIPAL
TAXATION.
But aside from ell the advantages we have
ted, special Act of Congress exempts all bonds and
Treasury notes from local taxation. On the average,
this exemption is worth about per cent per
according 10 the rate OF aNOn IN various parts OF the
country.
tits believed that securities offer great induce
ments to lenders those issued by the government
In all other forms of indebtedness the faith ability
of private parties stock companies separate
munities only is pledged for payment while the whole
property of the country is held to the discharge
of all the obligations of the UnitediStetes-
While the government offers the most liberal terms
for tsIoan it believes that the very strongest appeal
viii be to the loyalty and patriotism of the people.
Duplicate certificates will DO issued for all deposits
The party depositing must endorse upon the original
certificate the denomination of notes required and
whether they to be issued in blank or payable to
order. When endorsed it must be left with the Off
receiving the Deposit to DC forwarded TO the reasu
~ Department
Subscriptions viii be received by the Treasurer Of the
United States, at Washington, the several Assistant
Treasurers and designated Depositaries and by the
FIRST NATIONAL BANK OF ST. PAUL,
and By all National Banks which are depositalies
public money ard all respectable BANKS and Bankers
throughout the country viii give further information
and afford every facility to subscribers