Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1864-07-16
y. S. 1910 BONDS,


These Bonds are issued underline Act Of Congress
Of March 9Th, 1864. which provides that all Bonds
issued under this Act shall be Exempt from tax
alton by under any state nuninipsl au hority.
Subscriptions to these Bonds are receivcdin United
States notesor notes Of National Banks. They are
TO BE REDEEMED IN COIN, at the pleasure Of
the Government, at any period not less than ten
nor more than forty years from their date, and nm
til their redemption FIVE FER CENT INTER-
EST WILDE PAID IN COIN, on Bonds of no.
over one hundred dollars nually and on all othor
Bonds semi-annually. The interest Is PAYABLE On
the first days of March and September In each year.
Subscribers will receive either Reg istered or Cou.
pom Bonds, as they may prefer. Registered Bonds
are recorded on the books Of the U. s. Treasurer,
aud be transferred only on the owners or der.
Coupon Bonds are payable to bearer, and arc NOR.
convenient for commercial uses
Subscribers to this loan will have the option Of
having their Bonds draw interest from March 1,t.
by paying the accrued intcrtst in coin-(or in u
Notes, or the notes Of National Banks adding fifty
per cent. for premium, or receive them drawing
interest from the date Of subscription and deposit.
All these Bonds are em pit fr ON M unjctpal
or state Taxation. their va,,s !. ;,.r....s
from one TO three per cent. per annum, according
t" tho rate Of tax levies in various parts Of tn,
country. At the present rate of premium on ro,d
they pay over Eight Per Cent. 1n,er..t
IN on md a,,S
manent or temporary Investment.
1t is believed that securities offer so great in.
ducements to lenders the various dissertations Of
U. s. Bonds. In all other forms of Indebtedness.
thefA'th or ability Of private pal lies or stock COM
panIes or separate communities only is pledged for
. payment, while FOR the debts of the Unitedsta...
the whole property Of the country is holden n
secure the payments of both principal nd iae,est
ia coin.
These Bondsmay be subscribed for in sums from
$50 up to any magnitude on the same term.,anJ
are thus made equally available to the sma Hest LEM
der and the largest capitalist. They are concerted
into money at any moment, and the holder will
have the benefit Of the interest
1t may be useful to state in this connection that
the total Funded debt of the United States on
which interests payable in gold on the Sd day of
March, 1864, was s76s .o65 600 rhe intereston,hi.
debt for the coming fiscal year will be SIS 937
while the customs revenue in gold for the current
fiscal year, ending June 3Oth, 1854 has been SO far
at the rate Of over 500 600 900 per annum.
1t will be seen that even the present gold rer..
nues OF the Government largely in excess Of the
wants Of the Treasury for the payment of gold in
terest, while the recent increase Of the tariff will
doubtless raise the aanual receipts from customs on
tho same amount of importations, to $3.50 GOO 600
per annum.
Instructions to the National Bank, acting 4.
loan agents were not issued from the United Stn,..
Treasury until March &c. but in the frs, thr..
weeks Of April the subscriptions averaged NOR,
than TEN MILLIONS A WEEK. substitution.
will be received by the
First Nrtional Bank Of Davenport, Iowa.
| First National Bank Of Keokuk, Iowa,
First National Bank of Mount Pleasant, Iowa.
/ Andby ALL NATIONAL BANKSwhich are demo.
sitaries of Public money. and all RESPECTABLE
BANKS AND BANKERS throug bout fine country
tactlns as agents of the National Deposi ary Banka
VIII furnish further Information on application,
| and anerd every facility TO subscribers CIV