The Grand Haven news., 1864-11-02
y. S. 7-So LOAN.

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The ssps'.fy i dc Treasury gives notice
that subscriptions win bs received for Coupon
Treasury Notes, payahls three years from Aug.
i1th, 1854, With sent annual interest al therats
efseesn and thyes-tenshs per cent. per snnun--
principt 1ne intsess both TO be paid III lawful
p'oneyfot asiafiatt hrlse 4 y st sn ~ ffasss
These setes viii - convertible at the option
Of the holder ~ mpturis3, into TX per cent gold
bearing bonds, payable rot less than Eve nor
more than twenty years fress s)'sir date, as the
Government Ray elect 1hey win be issued in
denominations Of $50, sIsc, ssee, $1,000 ana
$4,000, and all subscriptions nssst DO for fifty
dollars or some multiple Of fifty dollars
The r5c%es will be transmitted 10 the owners
free Of transportation charges as soon after tho
receipt Of the original Certificates Of Deposit as
they can be prepared. ~. S's
As the notes draw interest from August 10,
prssons making deposits subsequent to that daip
must pay the interest accrued from date Of note
10 date Of deposit. aa
Parties depositing twenty-five thonsand DOL
""Nt|t
lars and upwards for thesenotss It any one time
will be allowed a commission Of one quarter Of
one per cent, which win be paid BY the Troas-
uy Dep@tpeps upon thelrseeips Ola Bill for the
amount ssstiasl 70 by the officer with whom
the deposit was made, No deductions for COM
missions must be made from the deposits.
Special Advantages Of this
Loan.
In is NAnoxAE sAs1sGs BANK, Offering q
higher rate Of interest than any other, and the
beet security. Any saving banks which pays its
deposisess in U. 8. Notes, considsrs that II is
the best circulating medium Of the country, and
IT can not pay in anything better. for its own as
sets are either in government securities or in
notes or bonds payable in government paper.
1t is equally convenient as temporary or
permanest investment. The notes can always
be sold for within q fraction of their face and
accumulated interest and are the best security
with banks as collatezsls for discounts.
Convertible into Six per cent. $40
toa cold Bond. s s
In addition to the very liboraI interest on the
notes for three years, shis privilege Of conver-
sion is now worth about three per cent. per an
mum, for the current rate for 5-2o Bonds is not
less than slipper en. pre@isms nd before the
war the premium on six per cent o. s. stocks
was over twenty per cent. 1t will be seen that
the acspal rpr05s % shis los~ 'as she present
market rate, Is not Iess than ten per cent per
annum.
It's Exemption from State or Munich
A'o pal Taxation
Butsadie from an the advantages we have
enumerated, a special Act Of Congress crsnpt.
dll6onds and 7reassry notes from local saSation.
On the average, this exemption Is worth about
two per cent. per annum, according to the rato
Of tAxation in various parts of the country. =
tits believed that no securities offer SO great
Iindusemeatz b hnaers q ,hoss issued by the
govvrnusDt In All othr forms Of indebted
ness the faishlor abiiity Of private. parties, or
stock companies, or separate communities, only,
| is pledged for payment while tbs whole proper
tty Of the country is hed TO secure the discharge
of all the obligations Of the United States. &:
While the government offers the most liberal
terms for its loans, IL believes that the very
strongest appeal will be to the loyalty and pa
triotism Of the people. b
Duplicate certificates will be issued for all de-
ports. The party dcpositing must endorse up
on the original certificate the denomination oy
notes required, and whether they are to be is
suea ip blank Or payable % order, When SO en-
dorsed IL must be left with the officer receiving
the deposib to DO forwarded 70 the Treasury
Department. ue q nsss AeiiR
/ srBscRlrnoss VIII ns nncrrrD BY the
Treasurer Of ths United States, at Washington,
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