Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1864-09-24

TNHE Secretary Of the Treasury gives notice that
i subscriptions will be received for Coupon Treas
ury Notes, payable three yea from Aug 18TH 1854
with semi annual interest At the rate of seven and
three-tenths per cent. per annum- principal and
interest both to be paid In lawful money
These notes win be convertible at the option +
the holder at maturity, into six per cent gold bear
ing bonds, payable not less than I've more than
| twenty years from their date. As the Government
may elect They will be issued in denomi n ations
of $50, 500, $500, 81 900 and $4,000, and all sub
scrpsions must be for fifty dollars some multiple
Of fifty dollars.
The notes will be transmitted to the owners free
of transportation charges after the receipts
OF the original Certificates Of Deposit Is they can
| be prepared.
As the notes draw interest from August Is, per
sons making deposits subsequent to that date must
pay the interest accrued from date of note to date
of deposit.
Parties deposting twenty five thousand dollars
and upwards for these notes at any time WILDE
allowed a commission of one quarter OF one Der
cent, which will be paid by the Treasury Depart.
ment upon the receipt Of a bill for the amount,
certified to by the officer with whom the deposit
was ma lie. No deductions for commissions must
be made from the deposits.
Special advantages Of this Loan.--It
isl National Savings Bank, Offering higher rate
OF interest than any other, and the best securty-
Any savings bank which pays its depositors in u
s. Notes, considers that is paying in the best cir
culating medium of the country, aud 1t cannot pay
in anything better. for its assets are either in
government securities or in notes or bonds payable
in government paper.
1t is equally cenven ient rs a temporary or per.
,
for within fraction of their face and accumulated
Interest, and are the best security with banks as
collaterals for discounts.
Convertible into n Six per { emit. $40
Gold Bond.-In addition to the very liberal in
tcr"st on the notes for three years. this privilege Of
oonversi is now worth about thu per cent. per
mum, for the current rate for $50 Bonds is not
less than nine per cent premium, and before the
war the premium on six per cent, Y. S. stocks
over twenty per cent. 1t will he that the
tua profit this loan, at the present market rate
is not less than ten per cent per annum.
Its Exemption from state or NJ uni.
cipal TnxastoM.-- But .side from all the sdvan
tages we have enumerated, a special Act of Con.
gress exempts all bonds and Treasury notes from
local axation On the average this exemption il
worth about two rer cent per annum, according to
1t is believed that securities offer 50 gr eat in
dncemens to lenders as those issued by the govern
In all other forms Of ndebte dness the faith
ability of private parties, stock companies, or
separate communities only, is pledged for payment,
while the whole property of the country is held to
secule the discharge Of all the obligations Of the
nited States.
While the government offers the most liberal
for its loa it believes that the very strong
est appeal will be to the loyalty and patriotism Of
the people.
Duplicate certificates will be issued for all iepos-
its. The party dispositins must endorse upon the
original certificate thu denomination Of notes re-
qured, and whether they are to be issued in blank
payable TO order. When SO endorsed it must DO
left with the officer rec. wing the deposit to be for
warded to the Treasury Department.
Subscriptions will be received by the Treasurer Of
the United States at Washington the several As
s;sant rreasurers and desi grated Deposi:ares and
by the