Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-09-17
o. S. 7-sO LOAF

The Secretary Of the Treasury gives nOti.s that
subscriptions will be received for Coupon 1glsury
Notes, payable three years from Aug. 18th, 1884.
with seni-snnuAl interest ct the rate Of seven and
thrse-tenths per cent. per annum-prinoipal and
interest both to be paid in lawful money.
These notes Will be Convertible At the option Of
the holder ct maturity, into six per cent gOIdbsar
ing bOnds, payable not less than I've nor moro than
twenty years from their date, as the Goysrnnsnt
may elect. They viii Be issusd In denominations of
$50, 500. $500 81 900 and 5000, and al suhScrip-
tiQnS muEt be for nfty dollars or some multiple Of
afty doIlAru. HEt,.f,5
The notes will he transmitted to the owners frss,
Of transportation charges as soon after ths receipt
Of The original Certificates Of Deposit - thsy eau
bsprepErsd. -I -a-t E1Ae5 = = +!
As the notes draw interest from August Is, per-
sons making deposits subsequent to that date must
psy the interest accrued from date of note to dats
Of deposit. "
PARTIES depOsiting twenty-five thousand dollars
and upwards for these notes ct any one time wiz b
allowed commission Of Ons-quartsr Of ons per
cent, Whioh viii be paid By the Treasury Depart
msnt upon receipt of bill for the amount, certified
70 By the officer With whom the deposit was made
No Deductions for commissions must Be made from
the deposits. EE T1GL
Special Advantages OF this Loan
,IEn A EAsIoHA1 sAv1sss BANK, Offering ahighsr
rGte Ofintsress than any other, and 0s ~ security
Any savings bank which psys-its dspOsitOrs in 0.
g. Notes, considers that it IL paying in the hest ctr
suiatiug medium Of the country and Is eqsos PAy
In anything better for its own assets are either IN
government securities or in notes or bonds payable
in gOysruRsn. paper. Z 0EE
It is equally convenient as q temporary or per
manent investment. The notes can always be sold
fG within fraction Of their face and accumulated
interest, and are the best security with banks as
OoIlsterals for discounts L -c.iF .-s5al
CoHVertlbIe into six per Cent, 6.2O
Gold Bond. r-- =-.-
In addition to. the very liberal interest on the
notes for three years. this privilege of conversion Is
70
now worth about three per cent per amman, for the
current rate for SO Bonds is not less than ,s pr
oeat. gvemtuus; and before the war the premium On
six per cent o. s. stocks was over twenty Per cent
It win be seen that the actual profit on this loan
at the present market rate, is not less than ten PSF
cent. per snnum.
It's Exemption from State or MunicI.
b. pal Taxation.
Bat aside FROM all the advantages We have emu
merated, special Act of Congress e1eapss al Josds
and Treasury "oss ron local IzasiO,. On the aver.
age, this exemption is worth about two per cent,
per Annum, according to the rate of taxation in va
rious parts of the cOuntry. 4
1t is believed that no securities offer 50 grea. In
ducsmeats to lenders as those issued by the govern
ment. In all other forms of Indebtedness, the faith
ability of private parties, or stock companies.
separate communities, only, is pledged for pAy
mend, while the whole property Of the country Is
held 70 secure the discharge of an the obligations
+ the United States. 14i' A-l s.le7
While the government offers Che most ifbsra
terms for its lOsns IT believes that the very strong
est aPpes win be to the loyalty and pstriotsm Of
the people. H77- s1a-ai .-- I'd y.
SUBSCRIPTIONS WILL b EEoErvED By the Treasures
q the United States, at wsshingtOn, the several
Assistant Treasursrs and Designated DepOsitariss,
and BY the 3--- b-s..a sirT eET 81.
First National Bank Of Cleveland, O.,
Second National Bank - fi- -
and all National Banks which are dsp0sitariss Of
public money, and s-s .o4l e11 3s --.Fe rr
8 REsPEOTABLE BANKS AND BANKERS
Throughout the country Will give further InfOrna.
tIOn and tsy-so a.7rf+ -.f ---..,-.
AFFORDEEERY FACILITY FOsUBsORIBERs.
aug22l69 . 20 .-...-. s.,,..-.. .- E....