Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1864-05-13
u. s. 1910 Bonds.

TIMss Dsnds ale ,zusd der tho Act Of Congress Of
Mai h. 1854, which provide. that in lau Of so much
Of e authorized by the Act of March 81, 1859, to
aLc; this Is supplementary. the Secretary Of the
Treasury is authorized to borrow from time to time,
ths credit Of the United States. not exceeding TWO
| HrNDHLD MILLION DOLLARS during the current
fiscal year. and TO prepare and issuO therefor Coupon
ami Registered Bonds of the United States; and all
Bonds issued under this Act shall DO EXEMPT FROM
TAXATION by or under any State nnder any muni-
c al authority Subscriptions to these Bonds are re.
ceve in United States notes of National Banks
They are TO BIZ REDEEMED IN COIN, at the pleasure
Of the Government, at any period not less than ton
than forty years from their date, and until their 70.
demption PIvE PER CENT. INTEREST WILL BE
PAID IN COIN, on Ponds Of rot over one hundred
dollars annually, and on al other Bonds semi annsay
The interest payable the first days Of March and
payable at those dates and the annual Coupons on the
50 and 100 dollar Bonds are payable on the first of
March. ma 81. te .a.-.. .t
Srbcribsrs will receive either Registered Coupon
Bond' as they may prefer. Registered Bonds re-
corded the books Of the u s. Treasures. and can b
transferred only the owners order Coupon Bonds
pavabe to bearer and ore convenient for com.
| m .rcial uses. ro n- ..0 f..-
Registered Bonds will be issued Of the denominations
OF Fifty Dollars ESQ., One Hundred Dollars (slOo Five
Hundred Dollars E5oo One Thousand Dollars Isl 0Oo)
Five Thousand Dollars as OOO and Ten Thousand Dol.
lars $50 ooo; and Coupon Bonds of the denomination
of Fifty Dollars (to One Hundred Dollars $780, Five
Hundred Dollars (isoo), ard One Thousand Dollsra
! Isl. Ooo).
Subscribers to thi, loan will have tho option of hav.
ing their Bonds draw interest from March l by pay
ing the accrued interest in con-or ia United States
notes. or tho not's Of National tanks adding fifty per
cent. FIR premium) receive thom drawing interest
II ON the cate Of subscription and deposit
As these Bonds are exempt from municipal or State
taxation their vaiue Ia from one to three per
per annum according tho Of lsviss in
various parts of the country.
A. we pTebeut oi on SOu tn6y pay OVor
eight per interest in currency and are Of equal
convenience as permanent or temporary Investment
1t is believed that securities offer great induce.
ments to lenders the various descriptions of U. 8.
Bouds a other forms Of indebtedness tho faith
ability of private parties companies or
communities only pledged for payment while for the
debts Of t United States ths whole property of the
county ID bod. to the payment of both prnci-
| p Il and interest In coin.
These Bonds may be subscribed for in sums from $50
up to sny magnitude, the Same terms, and are thus
equally avaible to the smallest len Ter and the
largest capatilist They be converted into money
at any moment and the holder will have the benefit Of
| the int, est.
Tho Tat all duties on imports are payable in
specie furnishes fund for like payment Of interest on
ali Government Ronds largely in Of the wants
the treasury for this purpose.
Upon the receipt of subscriptions certificate of de-
;oste therefor in duplicate, will be issued the origina
Ct which will be forwarded by tho subscriber to the
Secretary OF the Treasury at Washington with letter
stating the kind Registered coupon) and the denomi-
nations of bonds required. -.s..|
Upon the receipt of the original certificates at the
reasnry Depart mt the bonds subscribed for will be
transmitted to the subscribers respectively.
Subscriptions will be received by the Treasxrsr of the
United States at Washington and tho Asan. Trsa.xrsrs
at Now York. Boston and Philadelphia and by tho
First National Bank of Davenport, Iowa,
First National Bank of Keckuk, Iowa,
Frat National Bank of Mt Pleasant, Iowa,
First National Bank of St. Lonis, Missouri
Second National Bank Of St. Louis Missouri
Third National Bank CT St. Loui,, Missouri,
and by all National Banks which are depo.itaries of
public mousy All respectable banks and bankers
throughout the country will furnish u the information
on application, and afford every facility to subscribers
May4-dsw2w