Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-05-07
v. 9. eoNps.
u. 8. 1910 BONDS.

These Bonds issued under the Ae; o. Congress of
March sh 1854 which provides that IN es Of so much
Of the loan authorised BY the Act Of March "a 1885,
which ,h. supplementary, the Secretary q the Treas
my 4. authorized 20 borrow from time 70 tine OF
the credit Of The United states. nc, exceeding TWO
HUNDRED MILLION DOLLARS daring Ii. eurreni
nscal year and prepare and issue therefor Coupon
and Registered Bends Of the United siss. and all Bonds
issued under this Act shall b. EXEMPT FROM TAXA
Subscriptions these Bonds received In United
States notes or notes Of National Banks They are TO
BIZ REDEEMED IN corS, a, the pleasure Of the Gov.
eminent any period not less than Ten nor more nan
forty gear. from their date. their redemption
FIVE PER CENT. INTEREST WILL BE PAID IN COIN.
Bonds Of over hundred dollars annually
all other Bends semi annually.
The interest payable the ars; days Of March aud
September in each year. The sem-snn Coupons
payable at those dates aud the annual Coupons
ESQ and 500 Bonds payable the first Of March.
Subscribers wiz receive either Registered or Coupon
Bonds they may prefer. Registered Bonds are re-
corded on the book, Of the United States Treasurer and
be transferred only the owners order Coupon
Bonds are payable bearer and are more convenient for
commercial uses.
Registered Bonds will be issued Of the denominations Of
Fifty Dollars $50. One Hundred Dollars tsIOO). Five
Hundred Dollars $780, one Thousand Dollars (si .OOO)
Five Thousand Dollars $4,000. and Ten Thousand Doll
lars COOS and Coupon Bonds Of the denomination Of
Fifty Dollars $50, One Hundred Dollars (sloo Five
Hundred Dollars $4,000, and One Thousand Dollars
)si,OOol
Subscribers to this loan will have the option OF having
their Bonds draw interest from March is by paying the
accrued interest in Tor In Unred notes. the
notes of National Banks. adding ~ pr for pre-
mium receive them drawing interest from the date Of
subscription and deposit.
As these Bond. exemp, from municipal or State |
taxation their value increased from one to three per
cent per snnum according to the rate Of tax leyes In
various parts Of the county.
At the present Of premium gold they pay over
eight per interest currency. and OF equal
venienee as permanent or temporary investment
1t is believed that securities offer great induce
men,s to lenders a. the various descriptions Of L. 5.
Bonds Ia other forms Of Indebtedness the faith or
ability Of private parties stock companies or separate
communities only pledged for payment while for the
debts Of the United States the whole property Of the
country holden the payment Of both principal
and interest In coin.
These Bonds may be subscribed for N sums from $50
up any magnitude, the sans and are thus
made equally available the smallest ender and the
largest capitalist They be converted into money at
any moment and the holder will have the benefit OF the
interest.
The fact that all duties imports payable in specie
furnishes fund for like payment OF interest on all Gov
eminent Bonds largely in of the wants of the
treasury for this purpose.
Upon receipt Of subscriptions certificate Of deposit
therefore. in duplicate will be issued the original Of
which will be forwarded by
tary Of the Treasury Washington with letter stating
the kind Registered coupon and the denominations
bonds required
Upon the receipt Of the original certificates the
Treasury Department the bonds subscribed for will be
transmitted to the subscribers respectively
Subscriptions will be received by the Treasurer ofne
United States, Washington, and the Assistanf Treas
New York, Boston and Philadelphia and by the
First National Bdnk or indianapolis, md, and by ell
National Banks which deposiisres of public money
All respectable banks and bankers throughout the
try will furnish further information application and
afford every facility TO subscribers.
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