Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1864-09-23
u. S. 7-3O LOAN.

| The Secretary OF The Treasury gives notice
| that subscriptions wiR be received for Coupon
| Treasury Notes, payable lilree Years from Aug
18th, 1861, with scmi-annua interest at the rate
| OF seven and three-tenths per cent. per annum
principal and interest boil, to be paid in law
full money.
These notes Will be convertible al the option
! of the holder at maturity, into six pei cent.
collaborating bonds, payable not less than five
nor more thar twenty years from their date, as
| the Government may elect. They VIII be issued
in denominations OF $50, $780, $500, 81 coo and
5000 and all subscriptions must be for fifty dol
lars or some multiple of fifty dollars.
The notes will be transmitted to the owners
free Of transportation charges as socn after the
receipt of the original certificates of deposit as
they can be procured.
As the notes draw interest from August Is.
persons making deposits subsequent to that
date must pay the interest accrued from date of
note to date of deposit.
Parties depositins twenty-five thousand dol
lars and upwards for these notes III any one
time will be allowed commission OF one-auar-
ter OF one per cent, which will be paid by the
Treasury Department upon the receipt off bill
for the amount, certified to by the officer with
whom the deposit was made. No deductions
for commissions must be made from the de-
posits.
Special Advantages Of this Loan.
IT rs \ NATIONAL SAVINGS BANK o.fcringa
higher rate of interest than any other and Inc
best secu'Hy. Any savings bank which pays its
deposltors in u. S. Notes, considers that it is
paying in the best circulating medium of the
country, and it cttanot pay in anything better,
for its own assets are either in government Sc
curities or in notes or bonds payable in govern
nent paper
/, is equally convenient as Il temporary or
permanent investment. The notes can always
be sold for within fraction of their face and
accumulated interest, and are the best security
with banks Is collateral fer discounts.
Convertible into Six per cent go Gold
Bond.
IN addition TO the very liberal interest ON The
notes for three years, this privilege conversion
Is now worth about three per cent. per annum
for the current rate tor5-20 Bonds issposNess
than 1,i,c per ce,.!. f.sea5tn and before the war
4Ae premium on six per cent L. :. stocks was
over twenty per cent. 1t will be seen HAT the
actual profit Oh this loan, ri the present market
rate, is not less than ten per cent. per annum.
Its Exemption from State or Mynic:pa
Taxation,
Bat aside IRON, I'LL the advantages We have
enumerated, special act Of Congress sr4,,pts
ali bonds ot.ot Treasury Notes from TOGO! ttoa.
On the average this exemption is worth about
two per cent. per unnum, according TO the rate
of taxation in various parts of The country
It is believed that no securities offer great
inducements t. lenders as those issued by The
government. in al other forE.s of Indebted
ness, the faith or ability d private parties, or
stock COMPANIES, or separate communities, on
", j. pledged for payment, while the whole
property OF the country is held to secure the
discharge OF all the obligations OF ii. United
STAGES.
While The government offers the most liberal
terms for its loans. it believes a;.t the very
strongest appeal wiz IL 10 the loyalty ana pa
triotisn Of tie people.
SUBSCRIPTIONS WILL BIZ RECEIVED by the
Treasurer of the United States, at Washington
the several Assist ami Treasures and designated
D2posit;.ries. ana by the
FIRST RATIONAL BANK IT DAVENPORT,
AND TNE-
S'Ss@: SsszkoEsks sss.sls Is ssssga City,
and by all the National Banks which are depos-
itaies OF public money, and
All Respectable Banks and Bankers
Throughout the country Will give further infor-
nation and
AFFORD EcerY Facility to Subscribers.
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