Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1864-09-07
7.aQ LOAN

Us. !z!...3Q.l.UIl4
The Secretary Of the Treasury givseseeies<rs
subSrfip.isbs viii BE- received for Cdnpo, rreas-'
~ s;otcs. payalas thru years from Ausst 18th
.ssl With semi -aabua interest 1t the rate Of sew
en- aud three tenths per cent per annum, -prin-
cipal ana interest bo:l 10 be paid in lawful money
These notes will be convertible at the option Of
the holder .: mstsnts, ints six per .ceht. gold
bearing bonds, pay able not less than Eve nor
more than swenty yesrs from their dste, ~ the
Government ma, elect. They vii. be issued in
denominations Of $50, eioo. eseo q, 600 and &5,-
900, and all subscriptions must be for City dollars
or some multiple Of City dollars.
These notes will be ausnit.ed 10 the owners
free Of transportation charges as soon after the
receipt ofthe original Certificates Of Dep sits IS
they can be prepared.
As the notes draw interest from August Is, per-
soma making deposits subsequent, eio Tint date
must paw the interest accrued from date OF note
10 date Of deposit
Parties depositing twenty five thousand dollars
and upwards for these notes ut any one time will
be allowed orslrl.ission Of quarter Of ore
partment upon The receipt of bill fer the amount
certified TO By the officer witt whom the deposit
was made. No deductions Tor commissions must
be made from the deposits. o2-
Special Advantages Of th1s G.oan.
IrHANa roxaL SAVINGS BANK, Offering high
err rate Of interest than any other, and the Jtst
cv1fy. Any savings bank which pays its depos.
TORS in U. 8. Notes. considers that is paying
in the best circulating medium Of the country,
and il cannot pay in anything better, for its own
assets are either in governme... securities or in
notes and bonds payable in government paper.
II is equally convenient as temporary or per
menent investment. The notes can always be
sold for within fraction Of their face and accu-
mulated interest, and are the beat security with
banks Us collaterals for discounts.
Convertible into Il per cent. 80 Gold Bond.
In addition TO the very liberal Interest on the
notes fer three years this privilege Of conversion
is now worth about three per cent. per annum,
for the current rate for 500 Bonds is not less
than niae pr cfnt. prsnfuas, AID before the war
tae premium on six per cent. U. S. stocks was
over twenty per cent. 1t will be seen that the
actual profit on this loan at tn present market
rate, is not less than ten per cent. per annum.
It's Exemption from State Or Municipal
Taxation.
Blu. aside from oil thu. ndvantages We have emu
merated, special Act Of Congress eyanpts oil
Jo"ds and Treasury notes from local farattoa. On
the average, this exemption is worth about two
per cent per anaum, according to the rate Of tax
alton in various parts OF the country
II Is believed that no securities offer 80 great
inducements 70 lenders those issued by the
government In all other forms of Indebtedness,
| the faith or ability OF private parties, or stock
| companies, or separate communities, only, is
pledged for payment, while the whole property Of
tic country is held 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 viii be to the 10y atty and patri
| otism Of the people.
SUBSCRIPTIONS WILL GE RECEIVED by the Treas
| urer orthe United States, III Washington, the
several Assisten. Treasurcrs and designated De
rositaries. and by the
Eirss National. Bank.
Of Davenport Iowa.
| aud by all National Banks which are depostaries
Of public money. and
ALL RERPECTABLE BANKS AND BANKERS
throughout the country will give further inior.
nation and
! AFFORD EVERY FACILITY TO
SUBSCRIBERS.