The Portland daily press., 1864-05-31
MISCELLANEOUS.
U. S. 1910 BONDS.

These Bonds iss acd under the Act of Congress
Of March sth 1894 which provides that in lieu Of
much the loan authorized by the Act ef March Sd,
lSss to which this is suplen sntary the Secretary of
the Treasury Is authorized to borrow from time to
lime, the credit Of tho United States, not exceed
ing Two HUsDaiD MILLION Dol during the
current fiscal year. aud to prepare ard issue therefor
Coupon and Registered Bonds ofthe United States;
and all Bonds issued under this Act shall be EXEMPT
FRoN TAXATION by or under any State or munici-
pal authority. Subscriptions 10 these Bonds
csived in United States notes Of National Banks
They aero DE REDEEMED IN cors. at the pleas
OF the Government. at any period not less than
ten nor more Maa forty ye1rs from their date. and
until their redemption PIvR rEa CENT IsTERKsT
WILL BE PAID IN COIN. ON Bonds Of not over one
hundred dollars annually. and on all other bonds
mi-annually.
The iAterest Is payable on the frat day of March
and September in each year. The semi annual Cou.
pons are payable at those dates. and tho annual
Coupons the 60 and 100 dollar bonds are pay able
on the first of March.
Subscribers will receive either Registered or Cou-
pom bonds, as they may prefer. Registered Bonds
are recorded on the books of the L. 8. Treasurer,
and can be tranferred only at the owners order
Coupon Bond. are payable to bearer. and are more
Registered Bonds will be issued of the denomina.
tions Of Fifty Dollars ls5o). One Hundred Dollars
tsl0o) Five Hundred Dollars 1901. One Thousand
Dollars 900, Five Thousand Dollars ts5 oool and
Ten thousand Dollars sic, oool; and Coupon Bonds
OF the denominations Of Fifty Dollars $780, One
Hundred Dollars lsl0ol. Five Hundred Dollars
ts5ool. and One Thousand Dollars tsl ,000).
Subscribers TO this loan will have the option Of
having their bonds draw interest from March lst
by paying the accrued interest In con-tor In United
States notes, the notes of Nstonal Banks adding
ftty per cent for premium.) or receive them draw
ing interest from the date of subscription and de-
posit.
As these Bonds are exempt from Municipal or
State taxa on their value is Increased from TO
three per cent per annum. scsording TO the rate Of
tax levies in various parts of the country.
At the present rate ofpremium gold they pay
over eight per cent interest in currency and Of
equal convenience as permanent or temporary In.
vestment
Ii Is believed that NO securities offer 60 great In
ducements TO lenders the various descriptions OF
U. 8. Bonds. In all other forms Of indebtedness,
the faith ability Of private parties stock com.
panies or separate communities only Is pledged for
payment while for the debts the United States the
whole property of the country 10 holden to secure
the payment both principal and isterest in coin.
The Bonds may be subscribed for in sums from
$50 up TO any magnitude, on the same terms. and
are thus made available to the smallest lender and
the largest capitalist. They esn be converted into
money at any moment, and the holder will have the
benefit of the interest.
The fact that all duties ON imports are payable In
specie furnishes fund for like payment OF interest
on all Government bonds largely In excess Of the
wants Of the treasury for this purpose.
Upon receipt Of subscriptions . certificate of de-
posit there or in duplicate. will be Issued the org
nal Of which viii be forwarded BY the subscriber to
the Secretary Of the Treasury, st Washington with
letter stating the kind registered couponl and
the demon nations Of bonds required.
Upon the receipt of the original certificate at the
Treasury Department, the bonds subscribed for will
be transmitted to the subscribers respectively.
subscriptions wi be received by the Treasurer
erfhe United States st Washington, and the Assist
ant Tressurcrs at Now York, Boston and PhHascl-
ph.s and by the
First National Bank OF Portlsnd, Me-,
First National Bank Of Augusta, Me-,
First Ma ional Bank Of Bangor, Me
First National Bank of bath. Me,
First National Bank Of Brunswick. Ne.
and by all National Banks which are deposiaries OF
public money. All respectable banks and bankers
throughout the country will furnish further infor-
nation ON application, and afford every facility to
subscribers. may20dG Gw2ss