The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1864-09-01
u. s. 7-3O LOAN

The Secretary Of the Treasury gives notice th,.
scriptions will be received for Coupon Treasury Note,
payable three years from Aug. 18TH 1864 with a.,
annual interest at the rate Of seven and tbrss,..
per cent. per annum,-principal and interes, h,,h
be paid in lawfsl money.
These notes will be convertible at the option ., 49,
holder at maturity, into six per cent gold hs,,;,
bonds, payable not less than FIVE nor more than
ty years from their date, sths Government may elect
They will be issued in denominations OF $50 s,oo
$500, $1,000 and $4,000, and all subscription, m,..
be for fifty dollars multiple of fifty dollar,
TIE notes will be transmitted to the owners fro. :.
transportation charges after the recent q, ~
original Certificate ofDeposit they can be prep.,.a
As the notes draw interest from August ls per,o,,
making deposits subsequent to that date must pay III.
interest accrued from date of to date of depo
Parties deposting twenty five thousand dollar, and
upwards for these at any one time will .o,.s
commission Of one quarter Of one rer cent. xhr,
will be paid by the Treasury Department upon tn. 70.
ccpt of bill for the amount, certified to by the Office,
with whom the deposit was made. No deductions for
commissions must be made from the deposits,
Special Advantages of this Loan,
IrrsA NATIONAL SAVINGS BANK. OFFERING . b,,h.,
rate of interest than other and the best ssesrt,
Any savings bank which pays its depostors in u q,
Notes, considers that is paying in the best circulate
ing medium OF the country, and 1t cannot pay any
thing better for its assets either in govern.
ment securities or in notes bonds payable in gov.
eminent paper.
tits equally convenient as temporary or perma.
nent investment. The notes can always be sold for
within fraction of their face and accumulated inter.
est and the best security with banks colateras
for discounts
Convertible into a Six per cent. $3.50 Gold
Bond.
In addition to the very liberal interest on the note,
for three years, this privilege of conversion Is now
worth about three per cent per annum for the current
rate for3-2o Bonds is not less than nine per
MUM, and before the the premium on six per cent,
T. s. stocks was over twenty per cent. 1t will be
seen that the actual profit this loan, at the presen.
market rate is not less than per per annum
Its Exemption rom State or Municipal
Taxation.
But aside from all the advantages We have enume,.
ated, special Act of Congress exempts all 6onds and
Treasury notes fran local ta1ati0n On the AVERAGE
this exemption is worth about two per cent per An.
mum, according the rate of taxation in various parts
of the country. ".s. .-sr-s
1t is believed that securities offer great induce.
ments to lenders as those issued by the governments.
In all other forms OF Indebtedness the faith ability
Of private parties, stock companies, or separate
communities, only, is pledged for payment while the
whole property of the country Is held secure tie
discharge of all the obligations of the United States
for its loans believes that the very strongest appeal
will be to the atty and patriotism of the people.
Duplicate certificates will he issued for all deposits.
The party depositng endorse upon the original
certificate the denomination of notes required ard
whether they TO be issued in blank payable to
order. When endorsed it must be left with the Off.
receiving the deposit be forwarded to the Treas
ury Department.
Subscriptions will he received by the Treasurer Of
the United states, at Washington, the several Assist
ant Trearers aud designated Dcpositaries and he
First National BANK Of Burlington, Iowa.
FIRST National Bank Of Davenport Iowa.
First National Bank Of puauque, Iowa.
First National Bank of Iowa City. Iowa.
The First National Bank of Lyons, Iowa.
AMI by all National Banks which deposha'.s Ok
public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further insormaoa
and AFFORD EVERY FACILITY TO sUBSCRI.
BEERS. ln52i nsde3m