Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1864-11-28
U. s. 7-3O Loan

The Secretary Of the Treasury gives notice that
subscriptions win bereceived for Coupon Treasury
Notes, payable three years from Aug. 18th. 1854,
with semi-annua interest at the rate Of seven and
threo-tenths per cent per amum--principal ard in
forest both to be paid in lawful money.
These notes will be convertible at the option Of
the holder at maturity into six per cent gold bear
ing 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 n
$50, 500, $780, $1,000 and IS OOo and all subscrip
tions must be for fifty dollars or some multiple Of
fifty dollars.
The notes will be transmitted TO the nee Of
transportation charges after the receipt ofl
the original Certificates Of Deposit as the. cen be
prepared. I"
As the notes draw interest from Augustl IS persons
making deposits subsequent to that date nustpay
the interest accrued from date Of note to date Of de-
post. 1Fr gifgqf
Parties depositing twenty-five thousand dllars
and upwards for these notes at any time will be
allowed commission of one-quarter of one or cent.
SPECIAL ADVANTAGES OF THIS LOAN. .
IT IS NATIONAL SAVINGS BANK. oferinc ahigh-
rate OF interest than any other and sbesi secus
~. Any savings bank which pays its depo itors in
u s. Notes. considers that it is paying in the best
pay in anything BETTER for its own assets either
in government securities or in notes or bondsraya-
BILE in government paper. a" PCT f1
1t is equally convenient as temporary or perma-
nent investment. The notes can always be sold for
within fraction Of their face and accumulated in
terest and the best security with banks as ce-
laterals for discounts.
Convertible into a Six per cent. $40 Gold Bond.
In addition to the very liberal interest On the
notes for three years. this privilege Of conversi Is
now worth about three per cent. per annum for tho
current rate for $50 Bonds is not less than me per
cent premium, and before the war the premiunIon
six per cent U. S. stocks over twenty Per cent.
1t will be seen that the actual profit this loan. at
the present market rate, is not less than len per
cent per annum. .Et .4fso
Its Exemption from State or Municipal Taxa
s ton. se s,i
But aside from all the advantages we havee umer-
ated, a special Act of Congress eren,pts az bcnds
and Treasury notes from local tdDdtioH. On tho
average this exemption is worth about two Per cent
per annum according to the rate of taxation In
rious parts of the country.
Il Is believed that no securities offer O. cal in
ducements to lenders those issued by the oEern-
ment In all other forms Of Indebtedness the faith
or ability Of private parties, or STOCK conpanes,or
separate communities, only is pledged for PAYMENT.
while the whole property Of the country is heljto
secure the discharge Of all the obligations OF the
United States. #F.. fe'- s.tf fscG.E
While the government offers the most libcra terms
for its loans it believes that the very strongest ap-
peal will be to the loyalty and patriotism Of tlereo-
pie. -..,-, -
Up to the oath of September. the sabscripI on to
this loan amounted to over nf -re'fF.s At
$4O,OOO,OOO. s.-
SUBSCRIPTIONS WILL BE RECEIVED by the Treas
urer of the United States, at Washington the sew
eral Assistant Treasurers and Designated Deposit
aries, and by the ...-, ,-...r...- .-.t....
FIRST NATIONAL BANK OF COLUMBUS. OHIO.
ALL RESPECTABLE BANKS AND BAN NKERS
throughout the country will give further iniorma-
ton and l.f a. 'rim0J yff
AFFORD EVERY FACILITY TO S SUBSCRlUERS
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