The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1864-06-02
u. s. lO-4O BONDS.

y
These bonds issued under the Act ss csnsress a
March sn 1864, which provides that Al bends issSsd
under this act shall be EXEMPT FROM TAXATION
BY or under any state municipal authority. -
scriponsto these bonds arc recsivsdin Ur"-a $3.50
notes or notes of National Banks .aeS NV DC -
DEEMED IN corN, a. she pleasure o. sAs Govern
mel t at any period less tAas ten AZ ~srs tAss
fsr,y wears from their date, and until therredenp-
tion FIVE PER CENT. INTEREST WILL De PAID
IN COIN, on bonds OF not over one hundred dollars
Annually and on all other bonds semi. annually. The
Interest pay the first days Of and March Sep
TENDER Of sach year.
Subscribers will receive either registered or soupsn
bonds, they may prefer. Registered bonds as ~
corded the books Of the o. $. Treasurer, and csn
he transferred only the owners order. Ceupon
bonds are payable to bearer and are convsnisns
for commercial uses. 81. n sFs II
Subscribers to this loan will have tbs option Of hav.
ing their bonds draw interest from March l,s BY nay
ing the accrued interest in CONT Cor in United st..ss
notes, or the notes of national banks adding ny Der
cent for premium) receive them drawing Interest
from the date OF subscription and deposit. A these
bonds are Ff'
Exempt fom Municipal or State Taxation,
their value is increased from one to three per cent
per annum according the rate Of tax ,svies In Va
rious parts Of the country. E- Gf-- 81. ..~#
a. the present rate Of premium on gold they pay
Over Eight Per Cent. Interest
IN cur enry nd ~ otaono
nens or temporary investment. / l." Al %aE
sis believed that securities offer 90 great induce.
mens to lenders as the various descriptions Of Y. 8.
Bonds In all ether forms Of Indebtedness the faith
or ability ofrrivate parties or stock companies or sep
araecomnunities only is pied ged for payment while
for the debts of the United States the whole property
OF the country is holden to the payment of both
principal and interest in coin.
These Bonds may be subscribed for sums from 500
1p to any magnitude, the terms, and are thus
made equally available to the smallest lender and
largest capitalists. They be converted into roney
at any moment, and the holder will have the benefit Of
the interest.
1t may useful to state in this connection tina. the
total Funded Debt OF the United States on which inter-
est payable in gold, the 3D. day OF March, 1861
was 500 9e9,oVo The interest this debt for the
coming nseal year will be s45,937, Pc, while the Gus
ms revenue in gold for the current seal year, ending
June goth, l@Gi has far ut the rate OF over
| sIo0, oCo 900 per annum.
Irwil be seen that even the present gold revenues
of the Government largely In Of the wants
OF The Treasury for the payment OF old interest," while
the recent Increase Of the tariff will doubtless raise the
: annual receipts from customs on the same amount
importations, to sl50,0G0, oUo per annum.
Instructions to the National Banks acting ~ loAn
agents issued from the United States Treasu
ny until March 49, the three weahs Of April
the subscriptions averaged more than TEN MILLIONS
ANEEk.
! Subscriptions will lie received by the 1*
! Fist National Bank of Davenport, Iowa.
Fist National Bank Of keokul., Iowa.
First National Bank Of Mt.Pleasant, Iowa.
! And by all National Banks
which are depostargs of Public money and all z#
! KE~rECTABLE BANKS AND BANKERS
throughout the country (acting agents OF the Ma.
tons De1osnry Bsnksl will furnish further iufcrms.
, lion application and
Afford every facility to Subscribers.
! Ii9.LEllu3m