The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1864-08-24
u. S. 7-30 LOAN.

THE Secretary of the Treasury gives no.
! ticc that subscriptions will be received for
| Coupon Treasury Notes, payable from Au-
| gust 18th, 1851, with semi-annual interest
ut the rate of seven and ;hree-tenths pei
cent per aunum-principal and Interest
| both to be paid in lawful money.
These notes Will be convertible at the OPP
ton of the holder at maturity, into six per
cent. gold bearing bonds, payable not less
tn an five nor more than twenty years from
| he ir date, as the Government may elect
| They will be issued in denominations of $50,
SlOO, $500, 81, 900 and s., 600, and all subscrip
tions must be for fifty dollars or some null
| tiple of fifty dollars.
The notes will be transmitted to the own
ers free of transportation charges as soon
aft or the receipt of the original Certificates
| of Deposit as they can be prepared.
As the notes draw interest from August
Is, persons making deposits subsequent to
that date must pay the interest accrued
from date of note to date of deposit.
Parties depositing twenty-five thousand
dollars and upwards for these notes at any
one ii me will be allowed a commission OF
one-quarter of one per cent, which will be
paid by the Treasury Department upon the
receipt of bill for the amount, certified to
by the officer with whom the deposit was
made. No deductions for commissions
must be made from the deposits.
Special Advantages OF fHfS Lea IN.
ITIsA NATIONAL SAVINGS BANK, offering
higher rate of interest than any other, and
the best sec H'ity. Any savings bank which
pay its depositors in U. S. Notes, considers
that 1t is paying in the best circulating me-
dunn in the county, and it cannot pay in
anything better, for its own assets are either
in government securities or i'll notes or bonds
payable in government paper.
1t is equally convenient as temporary or
permanent investment. The notes can al
ways be sold for within a fraction of their
face and accumulated interest, and are the
best security with banks as collatcrals for
discounts.
COnCcrtibic into Il Sic per cent. $40 COLL
BOAd
In addition to TIE veIy liberal interest on
conversion is now worth about three per
cent. per annun, for the current rate of 5-20
Bonds is not less than nine per cent. prenliunt
and before the war the premium on six per
cent L. s. stocks was over twenty per cent.
1t will be seen that the actual profit on this
loan, at the present market rate, is not less
than ten per cent. per annUm.
u GINA FrT- ~
MUNICIPAL. TAXATION.
BItaSide from all the advantages we have
enumerated, Il special Act of Congress &C.
emptS all bonds and Treasury notes from
tOcdJ taG0tion. On the average this eXemp-
tionis worth about twoperccnt. per annum,
according to the rate of taxation in various
parts of the country.
1t is believed that no securities offer so
great inducements to lenders us those issued
by the government. In all other forms of
Indebtedness, the faith or ability of private
parties, or stock companies, or separate
communities, only, is pledged for payment,
while the whole property Of the country is
held to secure the discharge of tho debts of
tho United States.
w ME tnc government oilers Lne most llb-
eral terms for its loans, it believes that the
very strongest appeal will be to the loyalty
and patriotism of the people.
Duplicate certificates will be issued for all
deposits. The party depositing must en-
dorse upon the original certificate the de-
nomination of notes required, and whether
they are to be issued in blank or payable to
order. When so endorsed it must be left
with the officer receiving the deposit, to be
forwarded to the Treasury Department
SUBSCRIPTIONS WILL BE RECEIVED by the
Treasurer Of the United States, at Washing
ton, the several Assistant Treasurcrs and
designated Depositories, and by the
Firs National Bank Of Cadix. Ohio.
and by all National Banks which are depos-
itaries of Public money, and all
BANKS and BANK ERS
the country will give further in
formation and
AFFORD EVERY FACILITY TO SUB |
r SCRIBERS.
August II, lS64-3m.