The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-10-05
U. S. 7-.3O LOAN.


The Secretary of the Treasury gives notice that
subscriptions win be received for Coupon Treasury
Notes, payable three years from August 10, 1884,
with semi annual interest at the rate OF seven and
three-tenths per cent per principal and in.
terest both to be paid in lawful money. 7ea
These notes will be convertible at the option ofthe
holder at maturity, into six per cent. gold bearing
bonds, payable not less than five nor more than
twenty years from their date, as the Government
may elect They will be issued in denominations OF
fifty, one hundred, five hundred, one thousand, and
five thousand dollars. and all subscriptions must
be for fifty dollars, some multiple of fifty dol.
lars.
The notes win be transmitted to the owners free Of
transportation charges after the receipt Of
the original Certificates of Deposit as they can be
prepared. msg as5ie seuis oY}fa vf6a weH.
y As the notes tesdrawinterestfrom August 10, persons
making deposits subsequent to that date must pay
the interest accrued from date of to date of de.
posit. IN -a II
Parties depositing twenty-five thousand dollars
and upwards for these notes at any time will be
allowed commission of one-qnarter of one per
cent saHs cils gt soHasfffsrfs a5tilfrff
mu Special Advantages Of this Loan.
His National Socings Bdak, Offering higher
rate of interest than any other and the best sscr
ty. ANY savings bank which pays its depositors in
o. s. Notes. considers that it is paying in the best
circulating medium of the country, and it cannot
pay in anything better, for Its assets either
in Government securities in notes or bonds pay.
able in Government paper. ai r3Qoo9 hafAi
It equally convenient as temprary or perma
nent investment. The notes always be sold for
within fraction of their face and accumulated in
terest and are the best security with banks coat
erals for discounts. 8' -
Convertible into 8 per cent. $40 Gold Bond.
In addition to the very liberal interest on the
notes for three years. this privilege of conversion is
worth about three per cent. per annum, for the
current rate for $40 Bonds not less than nine per
cent premium, and before the war the premium on
six percent. IT, S. stocks twenty per cent.
1t will be seen that the actual profit on this loan at
the present market rate is notless than per cent
per aDnum. siis1s sasua 9dj na7nb ~ tt'
Its Exemption from Stale or Municipal
! ggiba,H ntrf Taxation. br.Do3 Io8al
But aside from all the advantages we have enum
Grated, special Act of Congress erezpts all bonds
and treasury notes from local tGratioa. On the
average, this exemption is worth about two per
cent. per annum, according to taxation in various
parts of the country. - tt''fa AAA
1t believed that no securities offer so great in.
dueements to lenders those issued by the Govern
melit. In all other forms of Indebtedness, the
faith ability of private parties or stock compan
ies separate communities only, spledged forpay.
ment, while the whole property of the country is
held to the discharge of all the obligations Of
the United States. T.. t- Ais3 ANa Hi6
Whilethe Government offers the mostliberal terms
for its loans 1t believes that the very strongest ap-
peal will be to the loyalty and patriotism of the peo-
i pie. q rs .-etf flf es.y l.ia +t. ..g t.l 7ss.
4 Up to the oath of September, the subscriptions to
this loan amounted to over