Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1864-05-20
Mew Atlrertisements.
US. 1O-4O BONDS.

THESE Bonds issued under the Act Of Congress Of
March sth 1861 which provides that all Bonds issued
under this Act shall be EXEMPT FROM TAXATION BY
or under any state municipal authority Subscriptions
10 these Bonds received United States notes Of Ma
tional Banka: They are TO BE REDEEMED IN COIN.
the pleasure of the Government at any period not lees
qaten taaa forty years from their date and un
til their dsmpton Five Per Cent. Interest viii be
Paid in Coin, Bonds ofno over one hundred dol
lars annually The interest is payable the first days
March and September in each year.
Subscribers Will receive either Registered or Coupon
Bonds, as they may prefer. Registered Bonds are ro-
corded the Books ofthe T. s. Treasurer and can be
transferred only the owners order. Coupon Bonds
payable order are more convenient for com
mereial uses.
Subscribers this loan viii have the option of having
their Bonds draw from March 1st by paying the
accrued interest in coin-or in United States notes or
the notes Of National Banks, adding fifty per cent pre-
mium receive them drawing interest from the of
subscription and deposit As these Bonds are
Exempt from Municipal or State Taxation,
their value increased from one to three per cent per an
num- according tho tax eyes in various parts of
the country.
At the present rate of premium on gold they pay
OVER EIGHT PER CENT. INTEREST
currency and ae of oqua convenience as permanent
and temporary investment
1t is believed that no securities offer so great induce
to lenders the various descriptions of e. S.
Bonds In a other forms of Indebtedness the faith and
ability of private parties stock companies separate
communities only is pledged for payment while for the
debts of hs United States the whole property Of the
try hoden to tho payment Of both principle and
interest in coin.
d. =
up to any magnitudc the same terms, and thus
made equally available to the smallest lender and the
largest capitalist They be converted into money at
any moment the holder wiz have the benefit of the
interest
may be useful to in this connection that the to-
tai Funded ofthe United States which interest Is
payable in gold on the Sd day ofAarch 1864 was $76s
9z5oOo Tho this debt for the coming fiscal
year will be sl5 1885, while thecustos revenue in gold
for the current fiscal ending June 0th 1854 been
so far attho rate ofoyer S1OO, ,OOo 600 per annuu
Itwbeseenthat the present gold revenues ofths
largely in excess Of the wants Of the
Treasury for the payment gold interest while the re-
cent increase of the tariff win doubtessise the snnual
receipts from customs the same amoRRt Of importa-
tions to $780, 600 per annam.
Instructions to the National Banks acting asloan agents
not issued from the United States Treasury until
March g. but in the FIRST three weeks Of April the sub
scriptions averaged moro than Ten Millions Week.
Subscriptions will be received BY tho
First National Bank Of Philadelphia, Pa
Second National Bank of Philadelphie, Pa
Third National Bank Of Philadelphia, Pa
AND BY ALL NATIONAL BANKS
which are dcpositaries of Public money, and all g
RESPECTABLE BANKS AND BANKERS
throughout the country atng agents Of this Naionsi
Depository Banks.l viii furnish further information on
application and -
AFFORD EVERY FACILITY TO SUBSCRIBERS.
MsyIS Ise4 IN.