Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1864-11-19
u. S. 7-30 LOAN.

The Secretary Of the Treasury gives notice that sub
scriptions will he received for Notes.
payable three years from Aug 15.h 1864, with semi
annual interest at the rate of and threeentla
per cent per .nnumprincpa aud interest 10Th TO b
paid in lawful money.
These notes viii be convertible q: the option Of tbs
holder at maturity, into six per cent. gold bearing
bonds payable not less than five mOTsthan twenty
years from their date the Government may elst.-
They will be issued in denominations of $5o S100, $500,
81 GOO and $780, and all subscriptions must tic 70. fy
dollars multiple of fifty dollars
The notes will be transmitted to the owners free
transportation charges after the receipt of The
original Certificates Of Deposit they can be pro-
pared.
As the notes draw interest from August Is persons
making deposits subsequent tohat date must pay the
interest accrued from date of note to date Of deposit
Parties depostng twenty-five thousand dollar. and
upwards for these notes at any time will be allowed
commission of one-quarter of one per cent, which
will be paid by the Treasury Department upon The
ceipt of bill for tie amount, certified to by tie os<
with whom the deposit made. No deductions FOR
commissions must be made from the deposits.
SPECIAL ADVANTAGES OF THIS LOAN.
Tits National Saving Bank, offering higher rate %
interest than any other and the best security Al,
savings bank which pays Its depositors in u Notes.
considers that it paying in the best circulating mod
of the country, AMI it cannot pay in anything bet
ter, for its assets either in government seoul
ties in notes bonds payable in government paper
1t sequally convenient as temporary or permanent
investment. The notes always Re sold for within
fraction of their face and accumulated interest and are
yost
CONVERTIBLE INTO A SIX r. + CENT: $50
GOLD BOND;
In addition TO the very liberal intereson the notes Tor
three years. this privilege Of conversion is worth
about three per cent per annum for the current
for $40 Bonds is not less than nine per cent premiu
and before the the premium per cent. [. 3
stocks twenty per cent 1t win be thas
the actual profit this Ioan at the present market
rate, is not less than ten per cent. per annunI.
ITS EXEMPTION FROM STATE or MUNICIPAL
TAXATION.
But aside from al the advantages have enumera
ted special Act of Congress exempts all bonds and
Treasury notes from local taxation On the average,
this exemption is worth about two per cent. per
according to the rate of taxation parts Of tho
country.
Il is believed that securities offer great induce
ments to Lenders those issued by the government
In all other forms Of Indebtedness the faith or ability
of private parties. stock companies, separate
munties, only, pledged for payment while the whole
property of tie country i, held the discharge
of az the obligations Of the UnitedtStates.
While the government offers the most literal terms
for its loans, believes that the very strongest appeal
will be to the loyalty and patriotism of tie people
Duplicate certificates will be issGed for all deposits
The party dePosng mast endorse upon the original
certificate the denomination Of notes required and
whether they 10 be issued in blank or PAYABLE to
order. When endorsed it must be left with the on
receiving The DEPOSIT 10 he forwarded 10 the Troas-
r. Department.
Subscriptions will be received by the Treasurer Of the
United States, at Washington, the several Assistant
TreasnreEs and designated DerositaTes, and by the
FIRST NATIONAL BANK OF ST. PAUL,
and by all National gaiks which are deposisares
public money, and all respectable Banks and Bankers
throughout the country will give further information
aud afford every facility to subscribers.