The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-08-30
FINANCIAL.
U. S. 100 LOAN.

The Secretary of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes. payable three yea from August 10. 1884,
with semi annual interest at the rate OF seven and
'hreetehths per cent per annun, principal and In.
terest both to be paid in lawful money.
These notes will be convertible at the option ofthe
holder at maturity, into six per cent. gold bearing
ponds, payable not less than FIVE more than
twenty years from their date. as the Government
may elect They will be issued in denominations OF
MY one hundred, Eve hundred, one thousand, and
nve thousand dollars, and all subscriptions must
oei0r nifty dollars, or some multiple of 6ty dol
| lars.
The notes will be transmitted this owners free Of
transportation charges as coon after the receipt o.
the original Certificates of Deposit as they can be
prepared.
As the notes draw interest from August 49, persons
making deposits subsequent to that date must pay
the Interest accrued from date of note to date of dc.
posit
rarnes depositing twenty-five thousand dollars
and upwards for these notes any one time will be
allowed commission OF one-qnarter of one per
cent, which will be paid by the Treasury Depart.
ment upon the receipt OF a bill for the amount, GER
made. No deductions for commissions must be
made from the deposits.
Special Advantages Of This Loan.
tbs Hd.ionai sarings Bank. Offering higher
rate Of interest than any other and he best sscuri
IT, Any savings bank which pays Its depositors In
u s. Notes, considers that it Is laying in the best
Giro iatine medium Of The country, and IL cannot
pay in anything better. for ITS assets are either
in Government securities In notes or bonds pay.
able in Government paper.
1t equally convenient as Temporary or perma.
nsnt Investment. The notes always be sold for
within fraction of their face and accumulated In.
terest and the best security with banks as collat
err is for discounts.
Convertible into 6 per cent. $40 Gold Bond.
In addition to the very liberal interest on the
notes for three years this privilege conversion is
now worth abou. three per cent per aanum. for the
current rate for 20 Bonds not e.s than siue Der
cent premium. and before the war the premium on
six per cent u. s. stocks were over twenty per cent,
II will be that the actual proat on this loan al
the present rke, rate Is not less than ten per cent
per annum
Its Exemption State or Municipal
Taxation.
But aside from all the advantages We have enum.
Grated, special Act Of Congress erempts all bonds
and treasury notes from local taxation On the
average. this exemption is worth about two per
cent. err annTm, according TO taxation in various
parts Of the country.
1t Is believed that no securities offer so great in
ducemens to lenders As those issued BY thu Govern.
ment. In all other forms Of Indebtedness tie
faith or ability of private parties or stock eompan.
Tea, or separate communities only pied ged for
uent, while the whole property of the country is
be to secure the discharge OF all the obligations OF
the United States.
whiletne Government offers the most liberal terms
or its loans |, believes that the very stron m.
peal Will be to the loyalty and patriotism OF the peo-
pie.
Subscriptions riH be receired by the Treasurer Of
the United States at washin xton the several As.
sisisnt Treasurcrs and designated Depos,aries and
by the
First National Bank of Portland, Maine.
and b. ali National Banks which are Deposiiaries
OF public money. and all respectable Banks and
Bankers throughout the country win give further
iniormat'on and Afford every facility to subscribe.
Aug 2o-d&s2m