Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1864-11-26
NO 83.
u. S. 40 LOAN.

The Secretary OF the Treasury gives notice that sat
scrp;ions viii be received for Coupon treasury Notes.
PAYABLE three years from Aug. 18th, 1864 with semi
annual interest at the rate of and threetenhs
per cent per annun-prncipsl and interest both 70 ts
paid in lawful money.
These notes will be convertible at The option q Ice
holder al maturity, into six per cent gold hes:ins
bonds payable not less than five tAsu twenty
years from their date as the Government mas eie =
They will be issued in denominations Of So 500, $3.50.
81 900 and S5COO and all subscriptions 9E City
dollars multiple OF City dollars.
The notes win be transmitted TO the free
transportation charges after the receipt
original Certificates Of Deposit the. lie pre-
pared.
As the notes draw interest fom Angus, Is, persans
making deposits subsequent to that date must pay :hs
interest accrued from date OF note 70 date OF deposit
Parties depositing twenty-five thousand dollars AMI
upwards for these notes at any time will be allowed
commission Of One-quarter of one per cent, which
viii be paid by the Treasury Department upon the
copt OF bill for the amount, certified b. the ose-
With whom the deposit wa, made No Deductions f5E
commissions must be made from the deposits.
SPECIAL ADVANTAGES OF THIS LOAN.
tits National Saving Bank, Offering higher rate az
Interest than any other and the best security. Asy
savings bank which pays lis ierosi;O.s il T. No:o.
considers that it ing in the be circulating med
Of the country and it cannot pay in anything re:
ter, for its assets either in government see-
ties in notes or bonds payable government paper
It sequally convenient temporary or permanent
investment. The notes always he sold for Within
fraction of their face and accumulated interest; snd ae
the best security with bants coateals for discounts.
CONVERTIBLE INTO SIX PR CENT. SGD
GOLD BOND,
In addition TO the very liberal nte-eston tie notes for
three years, this privilege OF conversion is now wort.
about three per cent. per annum for the current rass
for $50 Bonds is not less than nine per premium
and before the war the premium per cent. L. y
stocks twenty rer cent. 1t viii Dc seen THAI
the actual profit this loan The p9e.e1.: make,
rate, is not less than ten per cent. FER ennum.
ITS EXEMPTION FROM STATE or MUNICIPAL.
TAXATION
But aside from all the advantages ne hsve .surtra-
ted, special Act of Congress exemp!s al bonds and
Treasury notes from local taxation On the average
this exemption IS worth about two per per
according to the rate of taxation in various part. Of lie
country.
It's believed that securities offer great Induces
mens to lenders those issued b. the governmenL-
In all other forms OF Indebtedness the faith or ability
of private parties, stock companies, separate cs
munities only spIedged for payment while the whole
property Of tue country is held secure the scLas.
| of al the obligations of The Uni;ed. states.
While the government offers the nest literal tern
for its loans believes that the very strongest
will be to the loyalty and patriotism of tie people
Duplicate certificates will be issued for all deposits
The party depositing eud1rsc upon the Tisnat
Certificate the denomination ct notes REQUIRED and
whether they to be Issued in blank or ra-eb,e 70
order When endorsed IT mas. lie left with the OF,
receiving the Deposit to te forwarded 10 the Trc.su-
/ ~ Department.
Subscriptions will be received By The Treasurer OF s
United States, at Washington the several Assistant
Treasures and designated Deposi:sIiss and b. tfe
FIRST NATIONAL BANK OF ST. rAUi..
and by all National Bank. NJ ich arc dcposi.ni., n
public money, and all respectable Banks and Ban.ers
throughout the country will give further Information
and afford every facility TO subscribers.