The Portland daily press., 1864-10-13
FINANCIAL.
u. S. 7-30 LOAN.

The Secretary of the Treasury gives notice tba
subscriptions will be received for Coupon Treasur
r Notes, payable three years from August Is. 1854
with semi annuafinterest at the rate of seven ant
three-tenths per cent per annum principal and in
terest both to be paid in lawful money
These notes will be convertible at the option ofth,
holder at maturity, into six per cent gold bearing
bonds payable not less than five nor more than
twenty years from their date, as the Government
may elect They will be issued in denominations Of
hfty' one hundred, 1--WE hundred, one thousand, and
nve thousand dollars, and all subscriptions must
be for fifty dollars, some multiple of.ffty dol.
lars. s-ie si..s1
The notes win be transmitted to the owners free Of
transportation charges as soon after the receipt of
the original Certificates of Deposit they can be
prepared. @ sa laf sog n.
As the notes drawinterest from August Is, persons
making deposits subsequent to that date must pay
theinterest accrued from date of note to date of de-
posit. = -.''i t - hrA ~.
Parties depositing twenty-five thousand dollars
and upwards for these notes at any one time will be
allowed commission OF one-qnarter of one per
cent ssz ~ ..'s,.f.ss-,1 1s-s l51
Special Advantages Of this Loan.
HSs National Savings Bank, offering higher
rate Of interest than any other and the best sscur
ty. ANY savings bank which pays its depostors in
O. s. Notes, considers thatitis paying in the best
circulating medium Of the country, and it cannot
pay in anything better for Its own assets are either
In Government securities or in notes or bonds pay.
able In Government paper. p9aA a73a eRd
1t Is equally convenient as temprary or perma.
nent Investment. The notes can always be sold for
within fraction of their face and accumulated in.
terest and the best security with banks as collat
erals for discounts. .iiyv, ogI
Convertible into ia 8 per cent. $40 Gold Bond.
In addition to the very liberal interest on the
notes three years. this privilege of conversion is
now worth about three per cent. per annum for the
current for $40 Bonds is not less than mine per
cent rrensisml and before the war the premium on
six per cent. u s. stocks over twenty per cent
1t will be that the actual profit on this loan At
the present market rate is less than ten per cent
per annum. ~ eSA9A13iA5& 5a
Its Exemption from State or Municipal
4sHea Taxation. "a
But aside from all the advantages we have enum.
Grated, special Act of Congress eren.pts dT bonds
and treasury notes from local tasatioa. On the
average, this exemption ID worth about two per
cent. or annum, according to taxation in various
parts of the country.
1t is believed that no securities offer so great in.
ducements to lenders those issned by the Govern.
ment. In all other forms of Indebtedness, the
IA tn or ability of private parties, stock copan.
ses, separate communities only pledged pay.
ment, while the whole property of the country ia
held to secure the discharge of all the obligations Of
the United States. ti f.s.. '
While the Government ofefs the mostliberal terms
for it's oans believes that the very strongest ap
peal will be to the loyalty and patriotism ofthe peo
pie. ss99ll0 goi ..aan0N azS4g hae yaq badt
Up to the 24th Of September, the subscriptions to
this loaa amounted to over so4 aI98caa IL