The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1864-09-21
q. S. 7-SO LON

THE Secretary Of the Treasury rives DO
tiec that subscriptions viii 10 recssve,l f.r
Coupon Treasury Notes, pgyabls from A.
gust 18th, 1854, with scmi-annua intere..t
Ut the ratio Of seven and three-tepihs p.f
cent. per anDum-principal and in;erct
both to be paid ia lawful money.
These notes VIII be ctHsertible at tho cp-
ton Of the holder at maturity, into Elk = ?
cent. gold bearing bonds, payable not l'-.s
than five nor more than tweutc years r ia
he IL date rs the Government may eiec' -
They will be issued in denominations oftl'
sl0j, $500, 81 Geo and g., 900, and oil tiscrip
TORS must be for fifty dollars or sonIo ntil-
hpIe of fifty dollars.
The notes will he transmitted to the own
ers free of transportation charges as soon
after the receipt OF the original Certificates
of Deposit as they can beprerarcd.
As the notes draw interest from August
IL, persons making DEPOSITS subsequent To
that date must pay the interest accrued
from date of note to date Of deposit.
Parties dcpositing twenty thousas.:
dollars and upwards for these notes ut ep-
one ii me will be allowed comInissio,. u
onc-quartcr of enc per cent, whicl! will ''s
paid by the Treasury Department upon q
receipt Of bill for the amount, certified d,
by the officer with whom the deposlg was
made. No deductions for commissions
must I've made frcm tke DEPOSITS.
Special Advantages CT this log s.
ITIsA NATIONAL SAVINGS BANE. Offering
a higher rate OF interest than any oth"r, a'' ,
the best see urity ANY savings bank which
pays its depositors in L. s. Notes. COZ 7iiers
that it is paying in the best circulating me-.
dium in the country, and it oGnrot pay IN
anything better, for its own assets are either
in government securities or in notes or bonds
payable in government paper.
1t is equally convenient as a temporary or
permanent investment. The notes can Ill
ways be sold for within fraction Of their
face and Accumulated interest, and are tho
best security with banks as collaterals for
discounts.
Convertible into u Sir per cent $40 Got,5
Bond
In addition to tho very liberal interest on
the notes for three years, this privilege of
conversion is now worth about three per
cent. per annum, for the current rate of 500
Bonds is not less than nine per cent. premium
and before the war the premium on six per
cent Z. S. stocks was over twenty per cent.
1t will be seen that the actual profit on this
loan, at the present market rate, is not less
than ten per cent. per annum.
IT'S EXEMPTION FROM STATE AND
MUNICIPAL TAXATION.
But aside from all the advantages we haze
enumerated, d special Act of Congress err
empts all bonds and Treasury aotcs from
local tardtion. On the average, this exemp-
tionis worth about twopercent. per arnrrr}
according to the rate of taxation in various
parts of the country. .rtr
1t is believed that no securities offer So
great Inducements to lenders rs those issued
by the government In all her fru19 #
Indebtedness, the faith o. ability oc Trivctn
parties, or stock compaEjs, or sep9rate
communities, only, is pledged for payment,
while the whole property Of the country is
held to secure the discharge Of the debts Of
the United States.
While the government offers the Most lif5-
eral terms for its loans, 1t believes that the
verystrongcst appeal will be to the loyalty
and patriotism Of the people.
Duplicate certificates will he issued for all
deposits. The party depositing must en-
dorse upon the original certificate the de-
nomination of notes required and whether
they are to be issued in blank or payable to
order. When so endorsed it must be left
with the officer receiving the deposit, to be
forwarded to the Treasury Department.
SUBSCRIPTIONS WILL. BE RECEIVED bv tho
Treasurer of the United States, at Washing
ton, the several. Assistant Treasurers and
designated Depositories, and by the
First Nat OnaI Bank Of Cadiz, Ohfe,
and by all National Banks which are depos-
itaries of Public money, and all
BANKS and BANKERS
throughout the country will give further in
and
AFFORD EVERY FACILITY TO sUB-
SCRIBERS.
August II, 1SG4-3m.