Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1864-07-02
u. s. 1910 BONDS.

These Bonds are issued under the Act Of Congress
of March oth, 1864, which provides that all Bonds
alton by or under any state muniu;psl authority.
Subscriptions to these Bonds received in United
States notes or notes of National Banks. They are
TO BE REDEEMED IN COIN, at the pleasure Of
the Government, at any period not less than ten
nor more than forty years from their date and un-
til their redemption FIVE PER CENT INTER-
EST WILL BE PAID IN COIN, on Bonds Of not
over one hundred dollars annually and on all other
Bonds semi-annualy. The interest is payable On
the first days Of March aud September In each year
Subscribers will receive either Registered or Cou-
pom Bonds, they may prefer. Registered Bonds
are recorded on the books Of the L. 8. Treasurer,
and can be transferred only the owners or der.
Coupon Bonds are payable to bearer, and ere more
convenient for commercial uses
Subscribers to this loan will have the option OF
having their Bonds draw interest from March lat.
by paying the accrued inter,st in eon-(or in q 5
Notes. or the notes ofNa:ional Banks, adding fifty
per cent. for premium ! receive them drawing
interest from the date Of subscription and deposit
or state Taxation, their va}uc /, increased
from "ne to three per cent. per annunn acc ordinx
to tho rate of tax levics in various parts Of tn.
country. At the present rate of premium on gold
they pay over Eight Per Cent. Interest
in currency, and are Of equal convenience as per-
n,ancnt or temporary investment.
1t is believed that securities ofer 80 great in
dnccmens to len lers the various descriptions Of
L. :. Eonds. In all other forms of indebtedness
hofe,h ability Of private parties or stock ON.
ranies or separate communities only is pledged for
payment, while for the debts Of tho United States
the whole property Of the country is holden to
secure the payments Of both principal and interest
i'll coin.
These Bondsnay be subscribed for in srms frcm
$50 to any magnitude, % the 50 me terms and
"r" thus made equally availul II to The smallest len
der ami the largest capitalist. Thcyare concerted
into moocy at any moment aud the holder will
have the benefit of the interest
1t may be useful to state in this connection that
tho total Funded debt II the United States on
which nteresti' pa fable in gold, the Sd day Of
March, 1864, s76s .9s5 600 The ntcrcst on this
debt for the coming fiscal year Will DO SIS 937 2oe.
while the customs revenue in gold for the current
fiscal year. ending juno aoth 1854, has been 90 far
at the rate of over 500 900 900 per annum
1t will be seen that even the present gold rcve-
nues Of the Government largely in excess Of tho
wants Of the Treasury for the payment Of gold in
terest, Whe the recent increase Of the tariff will
doubtless raise tho annual receipts from customs
the same amount of imror,a,ions. to $3.50 ooo, 900
per annum.
Instructions to the National Banks acting -
loan agents were not issued from the United States
Treasury until March &c, but in the FRS, three
weeks Of April the subscriptions averaged moro
than TEN MILLIONS AWEEK. Subscriptions
will b" received by the
First Nrtional Bark Of Davenport, Iowa.
First National Bank Of Keokuk Iowa
First National Bank Of Mount Pleasant, Iowa,
Andhy ALL NATIONAL EANkS which are depo-
sitari's Of prhIjc money. and all RESPECTABLE
DANl.S AND BANKERS throughout the country
tactin- agents Of the National pepcsita Hanksl
will furnish further Information On appli> aton.
and anord every facility to sui scribers. CIV