Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1864-10-07
u. S. 7-3O LOAN.

The Secretary OF the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes payable three years from Aug 10Th, 1884, with
senannual interest at tho rate of seven and three.
tenths per cent. per annum principal and interest
both to be paid in lawful money.
The notes will be convertible the option Of the
holder at maturity, into six per cent gold barring
bonds, payable not less than Eve nor moro than
twenty years from their date, the Government
may elect They will be issued in denominations OF
$50 $780, $500, 81 700 and So 600, and all sabscrip-
tions must be for fifty dollars or multiple Of
fifty dollars. l.s g..
The notes will be transmitted TO the owners frea
Of transportation charges after tlss receipt
Of the original Certificates Of Deposit rs they can
be prepared. sr-=z e.
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 ~
Of deposit .
Parties depositng twenty-five thousand dolla-s
| and upwards for these notes ut any time will he
allowed a commission of one quarter Of one per
cent, which will be paid by the Treasury Depart
ment upon the receipt of abill for the amount,
titled to by the officer with whom the deposit was
| made. No deductions for commissions must BE-
made from the deposits.
SPECIAL ADVANTAGES OF THE LOAN.
n II A NATIONAL SAVINGS BANK, offering q
higher rate of interest than any other and the best
| security Any savings bank which pays its deposit
tors In L. s. Notes, considers that 1t is paying In the
best circulating medium of the country, and It
not pay in anything better, for its own assets
either in government securities or in notes bonds
payable in government paper.
1t is equally convenient as 4 temporary o. DOR.
manent investment. The notes always be sold
for within fraction of their face and accumulated
interest and the best security with banks co.,
laterals for discounts
Convertible into six per cent. $50 gold bond.
In addition to the very liberal interest on the
notes for three yecrs, this privilege Of conversion Il
now worth about three per cent per snnum, for the
current rate for $50 Bonds is not less than nine per
cent. premium and before the the premium on
six per cent. L. s stocks twenty per cent.
1t will he that the actual profit this loan q
She present market rate is Eot less than ten per cent
per annunr =
Its Exemption from State or Municipal
Taxation.
But aside from all the advantages we have e1una.
Grated, special Act Of Congress sEempts al tonds
and Treasury notes from local tazoksD. On the
average, this exemption is worth about per cent
annum, according the rate Of taxation IN varisus
parts of the country.
1t IS believed that securities ofe. 50 great Ia
ducements to lenders those issued by the govern.
ment. In all other forms of indsbtednsss, the faith
ability of private parties, stock companies
seperate communities only, IL pledged for payment,
while the whole property Of the country Is hold to
secure the discharge Of al the Obligations Of the
United States,
| While the government oEers the most liberal
terms for its loans, it believes that the very strong
appeal will bs to the loyalty and patriotism Of
| the people. -
Duplicate certificates will be Issued for all deposits
The party depositing must endorse upon the srigsI
certificate the denomination of uotes required, and
whether they be issued in blank payable to
order When endorsed it must be left with tie
officer receiving the osit to be forwarded to the
| Treasury Department.
| SUBSCRIPTIONS WILL RE RECEIVED by the Treas.
urer of the United States, at Washington. the sew :
eral Assistant Treasurers and designated Depsstar-
les, and by the
First National Bank of Augusta, Ne.
First National Bank of Bangor, Ne.
First National Bank Of Bath, Me.
First National Bank Of Brunswick, Me.
First National Bank of Lewiston, Me.
| First National Bank of Portland, Me.
and by all National Banks which depositar1ss
| Of public money; and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further i,fsrns-
ton and
AFFORD EVERY FACILITY TO SUBSCRIBERS.
| Splos 50