Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1864-10-10

Tho Secretary Of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes, payable thrso years from Aug. 18th. leet.
with semi annual interests At the rate Of seven and
three.tenths per cent, per annum-prinsipA and in
tsrest both TO be paid in lawful money.
These notes will be convertible at the option OF
tho holder at maturity into six per cent gold bear
ing bonds payable not less than ave nor more than
twenty years from their date, as the Government
may elsct. They win be i@ued in denominhtons OF
$50, sioO t5oo $1,000 and 1000 and nil subscrip
lions must be for fifty dollars or some multiple Of
fifty dollars. .
transportation charges soon after the receipt OF
the original Certificates d Deposit a. they can DO
prepared.
As tho notes draw interest from August ls persons
making deposits subsequent to that date mast pay
the interest accrued from date Of note to date Of de-
posit.
Parties depositing twenty-five theusand dollars
and upwards for those notes at any one time will DO
allowed commission Of ens-auArter Of one Per cent.
SPECIAL ADVANTAGES or THIS LOAN.
IrIsANArIosAL SAVINGS BANK. ensring high
or ratio Of interest than any other and Ne beet seesrE
~. Any savings bank which pays its dspositors in
U g. Notes. considers that il is paying in the best
circulating medium Of the country, and 1t s0nnof
pay in anything better for its assets are sithor
in government securities in notes bonds paya-
bio in government paper. gr . Tr
Il is equally convenient rs temporary or perma-
mont Investment. The notes can always be sold for
within fraction Of their face and accumulated IN
terest and arc tho best security with banks As COLI
laterals for discounts. ar.r
Convertible into Six per cent. $40 Gold Bond.
In addition to the very liberal interest on tho
notes for three years. this privilege Of conversion 10
now worth about three per cent. per annum, for the
current rate for $50 Bonds is not less than "ins per
cent pyt,aius,, and before the war the premium on
six Der cent u. s. stocks WAS over twenty Per cont.
Il will be seen that tho actual profit on this loan at
the present market rate, is not less than ten Per
cent. per Annum.
Its Exemption from State or Municipal Taxa
ton.
But aside from al the advantages wo have snurner-
ated, a special Act Of Congress e<e~.pfs aH oo"ds
and 7reasury nofes from loea, tdsasion. On the
average this exemption is worth about two per cent.
per annum according TO the rate Of taxation in VA
rious parts of tho country.
It is believed that no securities offer 80 great in7
ducements to lenders as those issued by the govern
ment In all other forms of indebtedness. tho faith
or ability Of private parties, stock companies, or
separate communities. only is pledged for payment.
while the whole property Of tzs country is held to
secure the discharge Of all the obligations Of tho
| United States.
While the government offers the most liberal terms
for its loans believes that the very strongest hp-
peal will be to tho loyalty and patriotism Of tho peo-
| pie.
Up to tho cath of September. the subscriptions to
this loan amounted TO ever
$40, 900, 600.
| SUBscRIrTIoNs WILL DE RRcEIvEp by the Treas
urer Of the United States. at Washington the sew
eral Assistant Treasurcrs and Designated Deposit
| aries, and BY the
FIRST NATIONAL BANK Of COLUMBUS. OHIO.
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further informa-
tion and y E rt.-'
AFFORDEv FACILITY TO SUBSCRIBERS
L.