Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1864-09-02
q. S. 7-3O LOAN.

The Secretary Of the Treasury gives notice that sub
scriptions will be received for Coupon Treasury Notes.
payable three years from Aug 18th, 1854 with
nual the of seven and per
cent per snnumprncpal and interest both to be paid
| in lawful money
These notes will be convertible the option of the
holder at maturity into six per cent gold bearing bonds
payable not less than Eve more than twenty years
from their date the Government may elect They will
be issued in denominations of $780, sle0 $780, 600 and
5000, and all subscriptions must be for fifty dollars or
some multiple of fifty dollars.
The notes will be transmitted to the owners free of
transportation charges after the receipt of the
original Certificates Of Deposit they can be prepared
Az the notes draw interest from August 18TH persons
making deposits Subsequent to that dale pay the in
tsrest accrued from date of note date of deposit
Parties depositing twenty-five Thousand dollars and
upwards for these notes at any time viii be allowed
acomnssion OF one-quarer of per cent which will
paid by the Treasury Department upon the receipt of
bill for the amount certified by the officer with whom
the depOsit was made No deductions for commissions
must be made from the deposits. e.t.s -.s..-rrr
Special Advantages of this Loan.
IrIsA NATIONAL SAVINGS BANK, offering higher
rate ofinterest than any other and the best security
Any savings bank which pays its depositors in u s.
Notes. considers that 1t paying the best circulating
medium of the country, and it cGnnOt pay in any thing
better for its assets either government sec
rites in notes or bonds payable COVE rnnent paper
1t is equally convenient temporary or permanent
Investment. The notes always be sold for within
fraction Of their face and accumulated interest and are
the best security with banks coateras for discounts
Convertible into 6 per cent 500 GoldBond.
In addition TO the very liberal interest ON the notes for
three years. this privilege of conversion is now worth
about three per cent per annum the current rate for
$40 bonds is not less than per cent yrsminy and
before the the premium six per cent s. Stocks
was twenty per cent It will be that the actua
profit on this oan at the present market rate less
than ten per cent per annum.
Exemption from State or Municipal Tax.
But aside from all the advantages we have
special act of Congress eremps all bonds and Treasury
notes from focal Taxation. On the average this exemp
ton is worth about two per cent per annu according
TO the rate of taxation in various parts of the country
1t is believed that securities so great induce
to lenders those issued by the In
A otherforms of Indebtedness, the faith orabty of pr
vate parties stock companies separate communi
ties only is pledged for payment while the whole prop
erty of the country held to the discharge of ali
the obligations of the United States. .i! i5isrv
While the government offers the most liberal terms for
its lOans it believes that the very sronge appeal will
be to the loyalty and patriotism of the people.
Duplicate certificates will be issued for all deposits
The party depositng must endorse upon the original
certificate the denomination of notes required and
whether they to be issued in blank to or
DER When so endorsed it must be left with the Off
receiving the deposit to be forwarded the Treasury
Department. - $3.50 l-lrE 1lil9E i i
SUBSCRIPTIONS WILL BB RECEIvED by ths Treasurer of
the United States at Washington, the several Assstn
Tressurers and designated Depostares, and by the |
FIRST NATIONAL BANK OF |
FREMONT, 7ls i |
and by all National Banks that depo sares of public
money and all respectable Banks Banke ers through
out the country will give further information and afford
every facility to subscribers. Aug L. 32vs