The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-10-15
PORTLAND, SATURDAY OCTOBER 15 1864
lir FINANCIAL. fa g b
O. S. : 7-30 LOAN.

The secretary of the Treasury gives notice that
subscriptons viii be received tor Coupon Treasury
Notes, payable three years from August Is, 1884,
with semi annual interest at the rate OF seven and
threetenths per cent per annum, principal and in.
terest both to be paid in lawful money @ noa0a8g
These notes will be convertible at the option ofthe
holder at maturity, into six per cent gold bearing
bonds, payable not less than Eve nor more than
twenty years from their date, as the Government
may elect, They will be issued in denominations Of
ffty, one hundred, i've hundred, one thousand, and
i've theusand dollars, and all subscriptions must
be for fifty dollars, or some multiple of atty dol.
iars.ihW Aoi5HsoYsI 3 eonsmm09 lliW asd4 hrs
The notes viii be transmitted to the owners free Of
transportation charges soon after the receipt OF
the original Certificates Of Deposit as they can be
prepared. .'faAl z 9iFi l4fHd
As the notes draw interest from August 49, persons
making deposits subsequent to that date must pay
theinterest accrued from date Of note to date of de-
Parties depositing twenty-five thousand dollars
and upwards for these notes at any time will be
allowed a commission OF one-qnarter of one per
cent. ~ s7-.i72-s7A aAA iAA0i4AG 9Aj
Special Advantages Of this Loan. g
,Lis National Savings Bank, offering higher
rate ofinterest than any other and the best sscri
ty.o Amy savings bank which paysits depositors in
U. s. Notes, considers thatitis paying in the best
circulating Medium of she country and it cannot
pay in anything better, ITS assets either
in Government securities In notes or bonds pay
able In Government paper. 2uoId sHasqs Zelda ssi
tits equally convenient as temprary or perma-
mont investment The notes can always be sold for
within fraction Of their face and accumulated in
terest and are the best security with banks collat
erals for discounts 20 ll9s5ala 10l 9tniaa leaof
Convertible into a 8 per cent. $40 Gold Bond.
In addition to the very liberal interest the
notes for three years. this privilege conversion is
now worth about three per cent. per annum for the
current rate for $40 Bonds less than nine per
cent premium, and before the war the premium on
six per cent u. s. stocks were twenty per cent.
Itill be that the actual profit this loan, at
the present ia less than per cent.
per annum. oI3 hGf too
Us Exemption from state or Municipal
.sE ! Taxation. agg
But aside from all the advantages we have enum.
Grated special Act of Congress erenspts all bonds
and treasury notes from local tarGtiop. On the
average, this exemption is worth about two per |
cent. per annumf according TO taxation in various
parts of the country.
1t Is believed that securities offer great in.
ducements to lenders as those issued by the Govern.
ment. In an other forms Of indebtedness, the
faith or ability of private parties,or stock compan-
les, orseparate communities only pledged forpay.
ment, while the whole property Of the country is
held to secure the discharge Of ell the obligations Of
the United States.
Whilethe Government offers the mostliberalterm
for loans believes that the very strongest ap
peal will be to the loyalty and patriotism ofthe
pie. A'9-.ioet - .lss9 ,oHal1ao1
Up to the 24th of September, the subscriptions to
this loan amountedto over 4-fgr