Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1864-08-11
j. 5. 1910 BONDS.

THESE BONDS are issued under the Ac, Of Con-
Gress Of March sh, 1884, which provides that all Bonds
issued under this Act shall be EXEMPT FROM TAX
ALTON by or under any slate municipal authority
Subscriptions to these Bonds received in United
States noes notes Of National Banks They are TO
Government, at any period THAN NOR
YoRrr from their date, and until their
redemption FIVE FER CENT. INTEREST WILL
BE PAID IN COIN, Bonds Of no, over one hun
drsd dollars annually and all other Bonds semi anna
ally. The interest is pny the rsi day OF March
and September in each year
Subscribers will receive either Registered or Coupon
Bonds, as they may prefer. Registered Bonds
corded the books of the u Treasurer, and can be
transferred only the owners order Coupon Bonds
arc payable 10 bearer, and more convenient for
eommercini usus.
Subscribers 10 this loan viii have the option Of hav-
ing their Bonds draw interest from March 1s by paying
the accrued interest in eoior ~ United States notes.
or The notes of National banks, adding dfy per cent
for premium) receive them drawing Interest from the
date Of subscription and deposit As these Bonds are
Exempt from Municipal or state Tax,
their vslus 10 increased nom to three per cent per
annun according the rate OF tax lsvies in various
parts OF the country. s-, u .-r .,.,r..a; .
Atthe present rate Of premium on gold they pay
Over Eight Per Cent. Interest
in currency, and Of equal eonvsnienes ss psrma
nent o. temporary investment. '' 50 tt - 80 70
II 10 believed that 10 securities offer 20 greai induce
men,s lenders the vsriou, descriptions Of u. g.
Bonds. In other forms Of Indebtedness, the faith or
ability Of pnva,s parties stock companies separate
communities only is pledged for payment while for the
debts of the United States the whole properly Of the
country is holden 10 the payment Of both prne
pal and interest In coin.
These Bonds may be subscribed for IN sums nom so
up to any magnitude, the terms, and thus
made equally available 10 III. smallest lender and tho
larges, capitalist They can be converted into money
any moment and the holder will have the benefit Of
| the interest .
II may be useful to in this connscnsn that the
total Funded Debt Of tho United States which inter-
esis payable in gold the 3d day Of March, 1854 was
s7os,oe5,00o The Interest this debt for the coming
hseal gear will be s45p37,l2c, while the customs reve-
in gold forhs ourssA kseal year. ending June soh,
1894 han been lar hs rats Of ever eioc per
annum.
II will be that even the present gold revenues ei
the Government largely In excess OF the wants Of
tho Treasury for the payment Of gold interest while the
recen, increase Of the tariff win doubtless raise the
nusl receipts from css.oms the same smoani Of a
porations, 10 si50eo0 900 per annum. 'a'
Instructions 10 the National Banks acting a. lean
agents not issued from the United States Treasury
until March 90 but in the first three weeks Of April the
subscriptions averaged more than TEN MILLIONS A
| WEEK .e.r 81 fts'tr.t. t..-sra-iHr Nh
subscriptions will be received by the
Firs, National Bank Of Cincinnati, Ohio
Third National Bank Of Cincinnati o.
Fourth National Bank Of cineinaat, O. t,q,
Firs, National Bank Of Cleveland, o t.qefs....
secoad Nadensl Bank Of Cleveland, o. fto-i
First National Bank Of Bridgeport o,
Ana by ell National BANKS
which ere dsposlsArss ol Public money, and all its
aN REsPE0rABLE BANKS AND BANKERS
thrsughou, ls eoap, iseins agents Of hs National
Deposi,ary Banks) will furnish further hfsnaalsH
application and
! AFFORD EvE1Y FACILITY TO SUBSCRIBERS.