Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1864-09-03
United States $50 Loan

TINHE Secretary Of tho Treasury gives notice that
l. subscriptions will be received for Coupon Treas-
ury Notes. ayabe three years from Aug 18th, 1894
with semi. annual interest at the rate Of and
thrsr.tenths per cent. per annnm- principal and
interest both to be paid in lawful money.
These sa4>s. why b convsrtibls a. the option Of
the hold maturity. into six per cent gold bear.
ing bond'|payatle not less than five nor more than
twsP'y year. from their date. as the Governdlsns
may eLct. fhey will xssfssseI in Aenom ln..,on,
Of ESQ., $780, $500. 81 900 and So co., and oil SUBJ
'cripsons nYSt be for fifty dollars some multiple
GRITTY a1&ts
The notes will be transmitted to the owners free
OF transportation charges after the receipt
Of the original Certificates Of Deposit a. they ca,
be prepared.
As the notes draw interest from August Is, per.
sons making deposits subsequent to that date must
pay the interest accrued from date Of note to date
Of deposit.
Parties depositing twenty five thousand dollars
and upwards for these notes any one time will b
allowed a commission Of one quarter OF one Der
cent, which will be paid by the Treasury Depart.
ment upon the receipt Of q bill for she amount,
certified to by the officer with whom the deposit
was made. No ded lctions for commissions must
b made from the deposits.
Special advantages OF this l. oan.-rt
IL a National Savings Bank, Offering higher rate
o. interest than any other, nd the best security
Any savings bank which pays it's depositors In O.
Notes. Insiders that it IL paying in the Lest cir.
culatinS me iium OF the country aud il cannot nav
in nythng better. for its own assets are either in
government securities or in notes or bonds n.vah,.
in government paper.
] q IN
maneat investment. The notes can always be .old
for within fraction Of their face and accumulated
interest, and are the best security with banks a
collaterals for discounts.
Convertible into a Six per cent. $40
Gold BOnd.-In addition to the very liberal in.
tsrest the notes for hree years this privilege Of
ca1ersion is now YtSth abb three per cent. psr
annum, for the current>att for s 20 Hcns.is nct
less than nine per cent. premium, and before tho
war the premium on S mrer cent L. s. stock. was
oFee>eaee per cent. It will be sect, that the &C.
tuaitoft on this loan. At the pr, .eut mar ker rate
Is not less than ten Per pr annnm.
Its Exemption from State or Num-.
cipal TnxattOn.-But aside f. ON all the adyau
tag I'VE have enumerated. special Act of Con.
gress exemrts all bond, and Treasury notes from
local taxation = On the average, this exemption 10
the rate Of taxation in various parts of the ountry
1t Is believed that securities Offer so gr eat in.
duecments to lenders those issued by the govern.
ment la all other forms OF indebted hess, the faith
or ability Of private parties, stock mranes, or
separate communities, only. 10 pledged for pas mrpt
while the whole property Of the country is held to
secure the discharge Of all the obligation. Of the
ni:,d States.
While the government offers the most liberal
terms for its loa it believes that the very strong
est appeal wall be to the loyalty and patriotism Il
the people.
duplicate certificates will be issued for all dcpos.
its, The party dispostins must end up.,n tho
original certificate tn. denomination Of notes re-
quired aud whether they are to be issued in blank
or payable to order. when so endorsed it must be
left with the officer living the deposit, DO for
warded to the Treasury Department.
Subscriptions will be received by tn Treasurer Of
the United States at Washington. the several As
sistant Treasures and designated pepvsiiar;cs and
by the
First National Bank OF burlington, Iowa