The Portland daily press., 1864-05-27
MISCELLANEOUS.
U. S. 1O-4O BONDS.

These Bonds are issued under the Act of Congress
of March sth 1894 which provides that in lien of
much of the loan authorized by the Act ef March 3d
1863 to which this is supplementary the Secretary OF
the Treasury is authorized to borrow from time to
time on the credit of the United States not exceed
ing Two HusDRIp MILLION DoLLARs during the
current fiscal year aad to prepare and issue therefor
Coupon and Registered Bonds OF the United States
and ell Bonds issned under this Act shall be EXEMPT
FROM TAXATION by or under any State or munich
pal authority. Subscriptions 10 these Bonds re-
C lived in United States notes of National Banks
They aero BE RKDEEMEo IN oors, at the pleas
OF the Government. at any period not less than
ten than forty years from their date, ard
until their redemption FIVE PER CENT INTEREST
WILL PAID IN COIN, on Bonds of not over one
hundred dollars annually and on all other bonds Sc
mi.annually.
The iaterest Is payable on the fret day of March
and September in each year. The semi annual Cou.
pons payable at those dates, and the annual
Coupons on the SO and 100 dollar bonds are pay able
on the first of March.
Subscribers will receive either Registered or Cou.
pom bonds. as they may prefer. Registered Bonds
recorded on the books Of the L. 8. Treasurer,
and can be tranferred only at the owners osder.-
Coupon Bonds pay able to bearer, and are more
convenient for commercial use.
Registered Bonds win be issued of the denomina-
tions of finy Dollars $780, One Hundred Dollars
1900, Five Hundred Dollars (500l. One Thousand
Dollars Isl ,0Ool Five Thousand Dollars o00l and
Ten Thousand Dollars tsl0, ,0O0l; and Coupon Bonds
OF the denominations of Fifty Dollars ls50l One
Hundred Dollars (sl0ol. Five Hundred Dollars
$500. and One Thousand Dollars (sl 000).
Subscribers to this loan will have the option Of
having their bonds draw interest from March lst,
rn-
States notes, or the notes ofNatonaI Banks adding
fifty per cent. for premium.) receive them draw.
ing interest from the date of subscription and de.
posit.
As these Bonds are exempt from Municipal or
State taxation, their value is increased from one to
three per cent per annum according to the rate of
tax levies in various parts Of the country.
AT the present rate of premium on gold they pay
eight per cent. interest in currency aud are of
equal convenience as permanent or temporary in
vestment.
1t is believed that securities offer 30 great In
ducements 10 lenders the various descriptions of
U. 8. Bonds In all other forms, of indebted ness,
the faith or ability of private parties or stock
panies or separate communities only is pledged for
payment while debts the United States the
whole property Of the country is holden to secure
the payment both principal and Interest in coin.
The Bonds may be subscribed for in sums from
$50 up to any magnitude, on the same terms, and
thus made available to the smallest lender and
the largest capitalist They eau be converted into
money at any moment, and the holder win have the
benefit of the interest.
The fact that all duties on imports arc payable In
specie furnishes fund for like payment Of interest
on all Government bonds largely in excess of the
wants OF the treasury for this purpose.
Upon receipt of subscriptions . certificate of de-
posit there or in duplicate, will be Issued the org
nal of which will be forwarded by the subscriber to
the Secretary Of the Treasury. at Washington with
letter stating the kind lregstered or coupon and
the nominations of bonds required.
Upon the receipt Of the original certificate at the
Treasury Department, the bonds subscribed for will
be transmitted to the subscribers respectively.
subscriptions will be received 1by she 7ssasurer
eftAe Usifed States at Washington. and the Assist
ant Treasurers at New York, Boston and Philadel.
ph'a and by the
First National Bank of Portland. Me-,
First National Bank OF Augusta, Me-,
First Ma ional Bank of Bangor, Me-,
First National Bank of Bath, Me,
First National Bank of Brunswick, Me,
and by all National Banks which are depositaries of
public money. All respectable banks and bankers
throughout the country will furnish further infor-
nation on application, and afford every facility to
subscribers. may20d& w2ws