Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1864-09-03
u. S. 7-3O LOAN

The Secretary OF the Treasury gives notice that sub
scrptions will be received for Coupon Treasury Notes.
payable three years from Aug. 15th 1864, with semi
annual interest at the rate of and threetenths
per per annum-principal and interest both to he
paid in lawful money.
These notes will be convertible at the option of the
holder at maturity, into six per cent. gold bearing
bombs payable not less than five than twenty
years from their date, as the Government may ee'
They win issued in denominations of 800 $780, $780,
81 900 and $780, and all subscriptions must be for fifty
dollars multiple of fifty dollars.
The notes will be transmitted to the free of
transportation charges after the receipt 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 cate of to date of deposit
Parties deposting twenty-five thousand dollars and
upwards for these notes at any time will be allowed
commission of one-quarter of ore per cent, which
viii be paid by the Treasury department upon the re-
cept of bill 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.
tits National Saving Bank, Offering higher rate of
interest than any other. and the best security. Any
savings bank which pays Its deposors in q. Notes.
considers that is paying in the best circulating med
of the country, and it cannot pay in anything bet
ter for its own assets either in government secur
ties in notes bonds payable in paper
1t isequaly convenient as temporary permanent
investment. The notes always be sold for within
fraction of tba,r faca and ;n.aras+ ,d
the best security with banLs colaerals discounts
CONVERTIBLE INTO SIX p CENT. $50
GOLD BOND,
In addition to the very liberal ntereston the notes
three years. this privilege of conversion is worth
about three per cent per annum for the
for $50 Bonds is not less than nine per cent PREMIUM
and before the the premium C per cent. U. s.
stocks was twenty per cent. 1t will be seen that
the actual profit this loan, at the present arket
rate, is not less than ten per cent. per
ITS EXEMPTION FROM STATE OR MUNICIPAL
TAXATION.
But aside from all the advantages have enumera-
ted, special Act of Congress exemps all bonds and
Treasury notes from local taxation. On the average,
this exemption is worth about per cent per snnum
according the rate of taxation various parts Of the
country.
II believed that securities offer great induce
ments to lenders those issued by the government
In all other forms of indebtedness, the faith or ability
Of private parties stock companies, separate
munities only pledged for payment, while the whole
property Of the country is held to the discharge
of all the obligations of the United States.
While the government offers the most liberal terms
for its loans believes that the very strongest appeal
will be to the loyalty and patriotism Of tie people.
Duplicate certificates win be 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 il must be left with the Off.
receiving the deposit to be forwarded to the Treasu-
ry Department
Subscriptions win be received BY the Treasurer of the
United States, at Washington the several Assistant
Tressurers and designated Depositaries and by the
FIRST NATIONAL BANK OF ST. PAUL,
and BY all National Banks which are depositaries o
public money, and all respectable Banks and Bankers
throughout the country will give further information
and afford ever fscili,y to suhsTibsu