Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1864-09-01


The Secretary of the Treasury gives notice that
subscriptions will be received for Coupon Treas
ury Notes, payable three years from August 18th
1864, with semi annual interest at the rate of sew
en- and three tenths per cent per snnum.--prin-
cipal ana interest both TO be paid in lawful money
These notes will he convertible at the DYSON of
the holder at maturity, into six per cent. gold
bearing bonds, pay ,ble not less than five nor
more than twenty years from their date, as the
Government ma, elect. They will be issued in
denominations of $50. sloo. $500. q, 900 spd s5-
900, and all subscriptions must be for fty dollar.
or some multiple of fif,, dollars.
These notes will be transmitted TO the owners
free Of transportation charges soon after the
receipt OF the original Certificates Of Dep ,sits as
they can be prepared.
As the notes draw interest from August Is. per-
sons making deposits subsequent to that date
to date of deposit.
Parties deposting twenty five thousand dollars
and upwards for these notes at any one time will
be allowed a commission of one-auarter Of one
per cent, which will be paid by the Treasury De-
pa,smcnt upon the receipt Of bill fer the amount
certified to by tho officer wit whom the deposit
was made. No deductions for commissions must
be made from the deposits
Special Advantages Of this Loan.
II Is NATIONAL SAVINGS BANK Offering high
er rate OF interest than any other, and the bat s..
curfy. Any savings bank which paws its depos-
tors in L. S. Notes, considers that il is payipe
in the best circulating medium of the country
and it cdnnot pay in anything better, for its own
assets are either in government securities or in
notes and bonds payable in government paper.
II is equally convenient as n temporary or per
manent investment The notes can always be
old for within fraction of Their face and accu-
t'.c pest security Win
banks colateras for discounts.
Convertible into per cent. 80 Gold Bond.
In addition to the very liberal Interest on the
notes for three years this privilege Of conversion
IS now worth about three per cent. per annum
for the currcat rate for 500 Bonds is not less
than mine pr rant. 2r1mia1a and before the war
| the premium six per cent. L. s. stocks was
| over twenty per cent. II will be seen that the
actual profit Oh this loan, at the present market
| rate is not less than ten per cent per annum
Its Exemption from State Or Municipal
TaxaliOn.
But aside from all the advantages we have emu
| merated, specia! Act of Congress egesnpts al
| bonds and Ir.asury nofes from locak taration On
| the average, this exemption is worth about two
per cent per annum, according the rate of tax
alton in various parts of the country,
II IS believed that no securities offer 80 great
| inducements to lenders as those issued by the
government. In ali other forms ct 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 y held to secure the discharge Of all
the obligations OF the Unit, d States
| While the Government offers the most liberal
terms for its loans it believes that the very
strongest appeal will be to the loyalty and patri-
otism of the people
| SUBSCRIPTIONS WILL he RECEIVED BY the Treas
urer ofthe United States, at Washington, the
| several Assistant Treasurers and designated De-
positaries, and bv the
First National Bank.
of Davenport, Iowa,
and by all National Banks which are depositaries
of public money! and
ALL RERPECTABLE BANKS AND BANKERS
| throughout the country will give further infor-
nation and
AFFORD EVERY FACILITY TO
SUBSCRIBERS
aug2G-d&w2m
DlSEASES OF THE NERVOUS. SEMINAL
DuRiSARr, AND SEXUAL sYs-Exs-new and re-
liable treatment-in Reports of the HOWARD
ASSOClATlON-sent by mail in sealed letter en-
velopes. free of charge. Address. DIR. J. Skill
LIN HOt-GHTO\ Howard ASsnc;.to, %o Q