Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1864-08-27
SPECIAL NOTICES.
u. s. 7-3O LOAN.

The Secretary of the Treasury gives notice that sub
scrptons will be received for Couponrreasury Notes.
yable three years from Aug. 5th 1864, with semi
annual interest at the rate Of and threetenths
per cent. per snnum prncipal and interest both TO be
paid in lawful money
These 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 than twenty
years from their date as the Government may ele t.
They win be issued in denominations Of $780, $780, $780,
81 900 and $1,000 and all subscriptions must be for fy
dollars some multiple of fifty dollars.
The notes will be transmitted TO the free Of
transportation charges after the receipt of the
original Certificates of Deposit as they can be pre-
pared.
As the notes draw interest from August Is persons
making deposits subsequent to that date must pay the
interest accrued from date of to date of deposit
Parties depositing twenty-five thousand dollars and
upwards for these notes at any fine will be allowed
a commission Of one-qusrter Of per cent, which
win be paid by the Treasury Department upon the
ceipt Of bill for TIE amount certified by the officer
with whom the deposit was made. No deductions for
commissions must be made from the deposits.
SPECIAL ADVANTAGES OF THIS LOAN.
tits National Saving Bank, offering higher rate Of
interest than any other and the best security. Any
savings bank which pays Its depositors in U. Notes.
considers that it is paving in the lest circulating med
of the country and II cannot pay in anything bet
ter for its assets either in government secur
ties in notes or bonds payable in government paper
1t equally convenient rs atemporary permanent
investment The notes always be sold FOR within
of md
the best security with banks coaerals discounts
CONVERTIBLE INTO A SIX PR CENT. $50
GOLD BOND,
In addition to the very liberal ntereston the note for
three years. this privilege Of conversion is worth
about three per cent per annum for the current rate
for $50 Bonds not less than nine per cent premium,
and before the the premium per cent. U. S.
stocks twenty per cent. II will be seen that
the actual profit this loan, at the present arket
rate, is not less than ten per cent. per
ITS EXEMPTION FROM STATE OR MUNICIPAL
TAXATION.
But aside from gil the advantages have enumera-
ted, special Act Of Congress exempts all bonds and
Treasury notes from local taxation. On the average,
this exemption is worth about per cent per snnum
oi parts the
country.
II is believed that securities offer great induce
mens to lenders those issued by the government
In all other forms Of indebtedness, the faith ability
of private parties stock companies, separate
munities Only is pledged for payment while the whole
property of the country is held to the discharge
of all the obligations of the Unitedsstates.
While the government offers the most liberal terms
for its loans it believes that the very strongest appeal
viii be to the loyalty and patriotism Of tie pc ope.
Duplicate certificates will be issued for all deposits
The party depositing must endorse upon the original
certificate the denomination OF notes required and
whether they TO be issued in blank or payable to
order. When endorsed it must be left with the off,
receiving the deposit to be forwarded TO the Trcasu
~ Department.
Subscriptions viii be received by the Treasurer Of the
United States, at Washington, the several Assistant
Treasurers and designated Depositarics and by the
FIRST NATIONAL BANK OF ST. PAUL,
and nv all National Banks which depositares of
public money, and all respectable Banks and Bankers
Throughout the 'untry will give further information
and afford ever AGILITY to subscribers.