Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1864-06-11
u. S. IO-4O Bonds.

These BOMBS issued under the Act OF Congress of
March sth 1854 which provides that all Bonds issued under
this Act shall be EXEMPT FROM TAXATION by under
any sta municipal authority. subsc ptions to these
Bonds received United States of Nation
al Banks. They To BE REDEEMED IN COIN, at the
pleasure of the Government at any period less than ten
mOsIhaa forty years from their date until their
dsmpton FIVE PER CENT. INTEREST WILL BE PAIDIN
CON- Bonds of not hundred dollars annually and
on all other Bonds The interest is payable
the first days Of March and September in each year.
Subscribers will either Registered Coupon Bonds
they may prefer Registered Bonds recorded the
books Of the U s. Treasurer and be transferred only
the order Coupon Bonds payable to bearer and
convenient for commercisI uses.
Subscribers this loan will have the option of having
their Bonds draw interest from March ls by paying the
crued interest in con(sr In United States notes, the
notes OF National Banks adding fifty per cent for premum
receive them drawing interest from the date Of subScrio
and deposits. As these Bonds
Exempt fom Municipal or State Taxation,
their value is increased one per cent per
num- according the rate Of ses in various parts Of
the country
Al the present rate of premium gold they'pay
Over Eight per cent. Interest.
In currency and OF equal conyenienee as permaneot or
temporary Investment.
II 10 believed that securities offer great inducements
TO lenders the various descriptions OF u s. Bonds In all
oibs forms Of indebtedness the faith ability Of private
parties stock companies separate communities only is
pledged payment while debts Of the United States
the whole property Ofhe country holden to the
ment Of both principal and interest in coin.
These Bonds may be subscribed for IN from $50 up 10
any magnitude the terms, and thus made equally
available TO the smallest lender and the largest capitalist
They converted into money at any moment and the
holder will have the benefit Of the interest
1t may useful 10 state In this connection that the total
Funded Debt ofthe United States which interest payable
in gold the 3D. day oiAareb 1884, The
ipere.t this debt for the coming fiscal year will be $5
26 while the customs In gold for the current
fiscal year. ending June 3otb 1884, has Ear at the
rate Of over 500 100000 per annum.
II viii be seen that the present gold Of tho
Government are largely In OF the wants othe Treasury
for the payment OF gold interest," while the recent Increase Of
tie ta viii doubtless raise the receipts from customs
the OF imporAons TO 100000 per
Instructions 10 the National Banks acting as loan
agents not issued s the United States Treasury until
March "a but Ia the s three weeks Of April the subschp
tions averaged moro than TEN MILLIONS WEEK.
Subscriptions Win be received BY the First National Bank
Of Cleveland. o.. Second National Bank Of Cleveland o.
and by oil National Banks
which deposiss Of Public money, and sli REsPEcfA-
BI.R BANKS AND BANKERS throughout the country,
(4ciins agents Of the National Deposi'ay BAnks) viii
furnish further infornstioa application and 76lsu
AFFORD EVERY FACILITY TO SUBSCRIBERS