The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1864-08-25
y. s. 7-3O LOAN

The Secretary ofthe Treasury gives oot,.. ,A..
scriptions win be received for Coupon rre,,,,, ~
pay able three years from Aug 18th, 1861. with ..-,
annual interest At the rate Of seven and ,br....,
per cent. per annum,-princpsl and inters, h.., 4.
be paid in lawful money. % s,..,.-.-..
These notes will be convertible At the option o, Il.
holder At maturity, into six per cent rod h......
bonds, payable not less than Ave nor more TIA. to-,
~ years from their date, as the Government >.,.,.
They will be issued in denominations Of ESQ., Gin
$500, 1000 and 5000, and all subscription, .,.
be for fifty dollars some multiple Of nny dol.,.
The notes will be transmitted to the ovn.,.
transportation charges as soon after the receipt Of ~
original Certificate Of Deposit ~ they eaa b, p,,,..
As the notes draw interest from August 49, ,s,,.,.
making deposits subsequen. to that date mus -, -.
interest accrued from date Of to date Of dspo.n
Parties deposting twenty Ave thousand dol,,. A..
upwards for these notes at any one tine wilt s,,o,
commission Of one quarter Of one per cent, Whit
will paid BY the Treasury Department. upop n. ..
cept Of bill for the amount certified to By Ii. o...
with whom the deposit was made. No deduction, n,
commissions must be made from the deposits,
Special Advantages Of this Loan.
IT rs NATIONAL SAVINGS BANK, oaefine ( hi.h.,
rate OF interest than any other and the Iss ssevsv
Any savings bank which pays its depositors In &.
Notes, considers that 1t Is ing In the hest circu,
Ing medium OF the country, and pay In AM.
thing better for its own assets either In poyer,
ment securities or in notes bonds payable In soy.
eminent paper. ~
It's equally convenient Is a temporary or perua.
nent investment. The notes slvays be sold 70,
within fraction Of their face and accumulated inter,
est, and are the best security with banks as cossers
for discounts.
Convertible into Six per cent. $50 GoN
Bond. -
In addition to the very liberal interest the nstes
for three years this privilege Of conversion 10 nov
worth about three per cent per annum for the current
rate for Bonds is not less than per eest ~,
MUM and before the war the premium six per cent
L. y. Stocks was over twenty PER cent. II viii h
seen that the actual profit this loan the present
market rate, is not less than ten per per aAAun
Its Exemption from State or Municjpal
Taxation.
But aside from all the advantages we have enumer.
ated, special Act Of Congress szsnpts s Sssds cad
Trsassry notes rem lseal ta1afiea. On the syersse
this exemption is worth about two per cent. per an
mum, according to the rate Of taxation in ysros, p.,
Of the country.
1t Is believed that securities 20 great induce.
ments to lenders those issued by the gyvernnens-
all other forms Of Indebtedness the faith or ability
Of private parties, stock companies, or separate
communites only, Is pledged for payment, while the
discharge Of all the obi cations q the United States.
While the government offers the most liberal terms
for its loans believes that the very strongest appeal
will be to the 10y atty and patriotism Of the people
Duplicate certificates will he issued for all deposits.
The party deposing must endorse upon the srieissl
certificate the denomination Of notes required, and
whether they are to be issued in blank payable 10
receiving the deposit to be forwarded to the Teas.
ury Department
Subscriptions will he received by the Treasurer n
the United States at Washington, the several Asst
ant Treasurers and iguated Depostares and
First National Bank Of Burlington. Iowa.
First National Bank Of Davenport, Iowa.
First National Bank Of Dubuque, Iowa.
First National Bank Of Iowa City, Iowa.
The First National Bank Of Lyons. Iowa
AMI by all National Ranks which are deposhad, Of
public money and
ALL RESPECTABLE BANKS AND BAyKEN
throughout the country will give further infrusisn
BEERS. ln32insidesnl