Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1864-12-13
u. s. 7.3O Loan

The Secretary Of the Treasury gives notice that
subscriptions viii be received for Coupon Treasury
Notes, payable three years FRI m Aug. 18th. 1884.
with semiannual interest at the rate Of seven and
three-tenths per cent. per annum-principal ard in
terest 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 Eve nor more than
twenty years from their date, as the Government
may elect They will be issued in denominations of
$780, 800, $500, 81 900 and &5 Ooo and all subscrip-
tions mus be for fifty dollars or some multiple Of
atty doiisfs. .~s s....
The notes will be transmitted to the owners fee OF
transportation charges after the receipt OF
the original Certificates Of Deposit as the! cen be
prepared.
AS the notes draw interest from August Is persons
making deposits subsequent to that date Ii ust pay
the interest secrued from date Of note to date OF de-
posit. ..
Parties depositing twenty-five thousand liars
and upwards for these notes at any one time will be
allowed commission Of one-quarter of one er cent
SPECIAL ADVANTAGES OF THIS LOAN.
TITS ANATIoNAL SAVINGS BANK. Offering ahigh-
er rate Of interest than any other and the oes Secars
NJ. Any savings bank which pays its depo 'itors IN
u 8. Notes. considers that it is paying in The pest
circulating medium Of the country, and 1t cdnao'
pay in anything BETTER for its own assets are either
in government securities or in notes or bon sraya-
BILE in government paper.
II is equally convenient as a temporary or perma-
nent investment. The notes can always be sold for
within fraction of their face and accumulated in
terest and are the best security with banks COL
laterals for discounts.
Convertible into Six per cent 5-D Gold Bund'
In addition to the very liberal interest On the
notes for three years, this privilege Of CONVERSE is
now worth about three per cent. per annum for the
current rate for $50 Bonds is not less than nns per
cent. premium, and before the war the premium on
six per cent U S. stocks was over twenty per cent.
IL will be seen that the actual profit this loan, at
the present market rate, is not less than len per
cent per annum.
Its Exemption from State or Municipal raSa-
ton.
But aside from all the advantages we havee u'ner-
ated, a special Act Of Congress erernpts 6endS
and Treasury notes from local taxation. on tho
average this exemption is worth about two PR cent
per annum according to the rate of taxation in va
rious parts Of the country.
1t is believed that no securities oHer 80 B'ea III
ducemens to lenders as those issued by the overn-
ment In all other forms OF Indebtedness, the faith
or ability of private parties, stock compae , or
separate communities only, is pledged for pa vment,
while the whole property of the country is heljto
secure the discharge Of all the obligations OF the
| United States.
| While tho government offers the most libera telms
for its loans it believes that the very strongest APP
peal will be to the loyalty and patriotism of CO.
| pie.
| Up 10 the cath Of September. the subscrp on to
| this loan amounted to ever
$40, 600, 600.
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
FIRST NATIONAL BANK OF COLUMBUS, OHIN,
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further in orma-
| ton and
AFFORD EVERY FACILITY TO SUBSCRIBERS
sepl-2md&w