Charles City intelligencer. [volume] (Charles City, Floyd County, Iowa) 1864-1866, 1864-06-16
Us, 1910 BONDS,

These Bonds issued Under the Act of Congress II
March sth 1854, which provides that all Bonds issued
under this Act shall bc EXEMPT FROM TAXATION by
or under any State municipal authority subscrip-
tons TO these Bonds received ia United States
or notes Of National Banks. They are T0rE REDEEM.
ED IN COIN attbe pleasure of the Government at any
period MT less Aaa ten nr mare than forty yeo. from
their date and until their redemption FIVE PER CENT.
INTEREST WILL BE PAID IN COIN, Bonds Of not
over one hundred dollars annually and on all other
Bonds semi. annually The interest b payable on tho
FIRST days OF March and September in each year.
Subscribers will receive either Registered or Coupon
Bonds they may prefer. Registered Bonds are re-
corded on the books Of The u s. Treasurer and can DO
transferred only the owners order. Coupon Bonds
are payable 10 bearer and convenient for CON-
mercial uses.
Subscribers to this loan will have the option Of having
their Bonds draw interest from March Ist by paying
the accrued intcrstin co-tor in United states notes.
the Of National -nks adding any per cent for
premum,) receive them drawing interest from the
date of subscription and deposit As these Bonds
Exempt from Municipal State Taxation,
their value Is increased from 10 er per cent per
annum, according to the rate Of tax levies in various
parts of the country. ... ..- ..s-...s .ts....
AT the present rate of premium on gold they pay
Over Eight Per Cent. Interest
in currency, and Of equal convenience as pernia
ncnt or temporary Investment.
tits believed that securities offer SO great induce.
ments to lenders the various descriptions Of T. s,
Bonds In all other forms Of Indebtedness the faith or
ability Of private parties stock companies or separate
communities only pledged for payment, while for the
debts Of the United States the whole property Of the
country holden to secure the payment Of both princi
p,, and interest in coin.
These Bonds may be subscribed for in sums from $50
up To any magnitude the same terms and are thus
made equally available to the smallest lender and the
largest capitalist. They be converted into money at
any moment and the holder will have the benefit Of tho
interest .-s
may be useful to state In this connection that the
total Funded Debt Of the United States on which interest
is payable in gold, the Sd day OF March, 1854 was
sI6s 65 0o0 The interest this debt for the coming
nscal year win be sl5 937 126 while the customs reve-
nue. in gold for the current fiscal year. ending soh
1864 has been far the rate Of over 500 900 900
per annum. ..... ..s
II will be that the present gold revenues OF
the Government largely in Of the wants Of the
Treasury for the payment Of gold interest while the
cent increase "fthe tariff will doubtless raise the
receipts from customs the OF importa-
TONS to $3.50 600, 600 per annum
Instructions TO the National Ranks acting rs loan
agents not issued from the United states Treasury un
til March 2s but In the first three weeks Of April the
subscriptions averaged more than TEN MILLIONS A
WEEK.
Subscriptions win be received by the .#.s
First National Bank of Davenport, Iowa.
First National Bank Of kcOkuk, Iowa.
First National Bank Of MT. Pleasant, Iowa.
AND BY ALL NATIONAL BANKS
which are depositares Of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country, actng agents Of the National
Depositary Banks will furnish further information
application and
AFFORD EVERY FACILITY TO SUBSCRIBERS