Mineral Point weekly tribune. (Mineral Point, Wis.) 1859-1868, 1864-05-18
j. s. 1910
BONDS.

THESE Bonds issued under the Act of Congress-
OF March Sth, 1854, which provides that all Bonds
issued under this Act shall be EXEMPT FROM TAXA
TION by or under any state municipal authority
Subscriptions these Bonds received in United
States notes. National Banks. TT.ey are TO
BE REDEEMED IN COIN, at the pleasure of the Gov
ernment, at any period not less than ten nor more
than forty years from their date, and until their re.
demption FIVE PEE CENT INTEREST WILL, BE
PAID IN COIN on Bonds of not over one hundred
dollars annually and on all other Bonds semi
The interest is payable the first days of March and
September in each year.
Subscribers will receive either Registered or Coupon
Bonds, as hey may prefer. Registered Bonds are re-
corded on the books of the U. s. Treasurer and can
be transferred only on the owners order. Coupon
Bonds payable to bearer are more convenient
for commercial uses
Subscribers to this loan will have the option having
their Bonds draw interest from March 1st by paving
the accrued interest in con(or United States notes
the notes of National Banks adding fifty per cent
the date Of subscription and deposit As these Bonds
Exempt from Municipal or State Taxation,
their value is increased from three per per
annum according the rate OF tax Ieves in various
parts of the country
At the present rate of premium on gold they nav
Over Eight Per Cent. Interest
in currency, and equal convenience as perma-
nent temporary investment
ltls believed that nc securities offer great induce
ments to lenders the various descriptions of O.
Bonds In all other forms Indebtedness the faith or
ability OF private parties or stock companies or snarae
communities only is pledged for payment while for the
debts OF the United States the whole property of the
country is holden to the payment of both prn
eipal and Interest in coin
These Bonds may subscribed for in sums from, so
up to any magnitude. the same terms and are thus
made equally available to the smallest iende and the
ergest capitalist They be converted into money
at any ,reut and the holder viii have the benefit of
the interest.
1t may be useful to state in his connection Thai Tho
total Funded Debt of the United States on which inter
est Is payable in gold the Sd dav of March 1864
was 76S 965 900. The interest on this debt for the
Coming fiscal year win be s45 o37. 1926 while the Gus
toms revenue in gold for the current fiscal wear ending
June 3oth 1864 has so far at the rate Of over
siGn oco, 600 per annum.
1t will oe seen that the present gold revenues of
tho Government largely in excess of the wants Of
the Treasury for the payment Of gold interest while
the recent increase of the tariff will doubtless raise the
annual receipts from customs on the same amount OF
importations, to $3.50, 900, $50 per annum
Instructions 70 the National Banks acting as loan
agents not Issued from United States Treasury
until March &C. but in the first three weeks of Apr the
subscriptions averaged more than TEN MILLIONS A
WEEK
Subscriptions will be received by the
First National Bank Of JanesyiIle, Wis.
First National Bank of Milwaukee Wis