Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1864-08-06
u. S. 1910 Bonds.

These BONDS Issued under the Act of Congress of
March sth 1854 which provides that all Bonds under
this Act shall be EXEMPT FROM TAXATION by or under
any sae municipal authority Subscriptions these
Bonds United States notes of Nation
al Banks They are TO BE REDEEMED IN COIN, at the
pleasure OF the Government any period not less haa t
nor more thur forty from their date and until their re-
demption FIVE PER CENT. INTEREST WILL BE PAIDIN
COIN on Bonds of not hundred dor annually and
on all other Bonds The interest is payable on
the hrst days OF March and September In each year.
Subscribers will receive either or Coupon Bond
as they may prefer Registered Bonds are recorded on III
books of the us Treasurer can be transferred on only
the owners order Coupon Bonds payable to bearer and
are more convenient for commercial uses. ~
Subscribers to this loan will have the option of having
their Bonds draw interest from March s by paying the ac
crued interest in con(er in United States notes. or the
notes of National Banks adding fifty per for premu
receive them drawing interest the date Of subscription
and deposits. As these Bonds -
Exempt nom Municipal or State Taxation,
their value is increased from to three per per
num- according to tho rate tax eyies in various parts Of
the country.
At the present rate of premium gold they pay
Over Eight per cent. Interest.
in currency and Of equal convenience as or
temporary investment.
It believed that no securities offer 80 great Inducements
to lenders the various descriptions of u Bonds In all
other forms of Indebtedness, the it ability Of private
parties or stock companies separate communities only
pledged for payment while the he United States
the whole property ofhe country holden to secure the pay
ment OF both principal and interest in eoin
These Bonds may be subscribed for in sums from $50 M to
any magnitude on the same TERMS are thus made equally
available to the smallest euder the largest eaOait
They be converted into money at any moment ~. ,s
holder Eill have the benefit Of the interest ff-
may be useful to state in this connection that th 49,,
Funded Debt othe United States which interest Is pavahe
In gold on the Sd day Of March, 1884 6s sosooa The
interest on this debt for the coming year win be
while the easons In gold for the current
fiscal year. ending June aob 1854 been SO Ear at the
ratsefoysr 500, 100000 per annum.
win be that the present gold revenues Of The
largely IN OF the ofthe Treasury
for the payment gold interest while the recent Increase Of
the tariff Will doubtless Che receipts from customs
the amount OF impcratons sl5l per an
num- Instructions tbs National Banks acting as loan
agents not issued from the United States Treasury
March 20 but In the rs three weeks OF April the subscp
lions averaged more than TEN MILLIONS A WEEK.
subserptons win ss rsssiysd BY the Fri National Ban
y Cissesads 0. Second National Bank Of Cleveland o.
q end By Ill National Banks
vsh are d@posxnss o. Publk money snd ali RxsPEcrA
six- RANKS AADu uBANKRns tisoughout the country
acting agents Of The National Depository BsnAs win
anish sazsh~ affirmation on application and 7s22m
AFyoRD KykRy FACILITY TO SUBSCRIBERS.