The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-09-29
FINANCIAL.
U. S. 7-3O LOAN.

ne secretary of the Treasury gives notice that
subscriptions viii be received for Coupon Treasury
Notes' payable three years from August Is, 1854,
with semi annual interest at the rate of seven ana
tnree-tenths per cent per annum- principal and in
terest both to be paid in lawful money.
Ansse notes will be convertible at the option of the
holder at maturity into six per cent. gold bearing
bonds, payable not less than five nor mora than
twenty years from their date, as the Government
may elect. They will be issued in denominations Of
my one hundred, five hundred, one thousand. and
hve Thousand dollars, and all subscriptions mus,
be for fifty dollars, or some multiple Of ftv dol.
lars.
Inc notes viii be transmitted to tbs owners free OF
transportation charges as soon after the reoeipt of
the original Certificates of Deposit as they can he
prepared. pa ia b ua
AS tne notes awinterest from August is, persons
making deposits subsequent to that date must pav
the accrued from date of note to date of de-
posit nasa n3eg
Parties depositing twenty-five thousand dollars
ana upwards for these notes at any one time will be
allowed a commission of one-qnarter of one Der
cent, which will be paid by the Treasury Depart.
ment upon the receipt of bill for the amount. Ger.
'nea % Dy the officer with whom the deposit was
made. NO deductions for commissions must be
made from the deposits. 4r;.7a Is 44fb
special Advantages Of this Loan.
~ IS National Savings Bank. Offering higher
rate OF interest than any other and the best sscar
fy. ANY savings bank which pays its depositors in
v 5. Notes. considers that lis paying in the best
circulating medium of the country, and il canmot
pay in anything BETTER foF a swn assets ara either
In Government securities or in notes or bonds nav.
able in Government paper.
AsS equaiiy convenient as temprary or perma.
nent Investment. The notes can always he sold 70,
within fraction of their face and accumulated in
terest and are the best security With banks as coa
erals for discounts, tit s-s.-..sf ,sts-st-@
Convertible INTO . 9 per cent. $40 Gold Bond.
In addition to tho very liberal interest on the
notes FOR three years. this privilege of conversion is
now worth about three per cent per annum. for the
current rate for $40 Bonds ia not sss than mine per
cant premiaaus and hefere the war the premium on
six per eent u s. stocks were over twenty per cent
waD ee seen that the actual profit on this loan, at
the present market rate is notless than ten per cont
per annam lI9B1 .7sea lsTutgf9 teiag Eg
Its Exemption frola State or Municipa,
Taxation.
n,aAo 1sItf g
A0s aside from all the advantages we have enum.
Grated. a special Act of Congress erempts all bond,
and treasury notes from local taratiou,. On the
average, this exemption is worth shout two mar
cent. per annum, according 10 taxation in various
parts of the country. alnoG n .E s
tia bsiieved that no securities offer so great in.
duoements to lenders those issued by the Govern
ment. In all other forms of Indebtedness, the
faith or ability of private parties or stock oompan.
Ies or separate communities only, pledged forpay.
meps while the whole property of the country is
held teseOurs the discharge of all the obligations Of
the United States
Whileths Government offers the mostliberal terms
or It's loans 1t believes that the very strongest ap.
peal will be to the loyalty and patriotism Of the peO
pie. 80 @ 'H wa r34
Subscriptions sSs1 Ae rsceised by the Treasurer Of
the United States, at Washington, the several As.
sistant Treasurers and designated Depositares and
by the
First National Bank of Portland. Maine.
and by all National Banks which are Depositaries
of public money, and all respectable Banks and
Bankers throughout the country will give further
information and afford every facility to subscribe.
Aug 20-d&w2m 9A