Dodgeville chronicle. [volume] (Dodgeville, Wis.) 1862-current, 1864-09-01
u. S. 7-3O Loan.

The Secretary of the Treasury gives notice that sub
payable three years from Aug 18TH 1864 with semi-an
nua interest at the rate of and three enths per
cent per annumprincpal and interest both to be paid
in lawful money.
These notes will be convertible at the option of the
payable not less than five than twenty years
from their date, the Government may elect. They
will be issued in demon nations of $50 500 $500 81 900
and S. 900, and all subscriptions be for fifty dol
lars or some multiple of fifty dollsrs
The notes will be transm tilted to the owners free of
transporton charges after the receipt of the
original Certificates Deposit they can be prepared
As the notes draw interest from August 49, persons
making deposits subsequent that date must pay the
interest accrued from date to date of deposit
Parties deposting twenty-five thousand do liars and
upwards for these notes at any time will be allow
ed commission ofone-quarter o one per cent which
Will be paid by the Department upon the re-
cept ola bill for the amount certified by the officer
with whom the deposit was made No deduction for
commissions must be made from the deposits
Special Advantages of This Loan.
1t is National Savings Bank, offering higher rate
OF interest than any other and the best security Any
savings bank which pays its depositors u S. Notes
that 1t is paying in the best circulating
dunn OF the country and il cannot pay in anything
BETTER for its assets either in government Sc
curties in notes bonds payable in goY ernment
paper.
1t is equally convenient temporary or permanent
Investment. The notes always be sold for within
fraction of their face and accumulated interest and
the best security with banks as colaterals for dis
counts. 4s
Conyertibi into Six Per Cent. $50 Gold Bond
In addition to the very liberal interest on the notes
for three years, this privilege of conversion is now
worth about three cent per annum the
for $50 Bonds not less than inc per cent pre-
mium and before the war the premium on six per cent
u s. stocks was over twenty per cent 1t will be
that the actual profit this loan at the present
market rate is not less than ten per cent DER annum
Its Exemption from State or Municipal Taration
But aside from all the advantages we have enumera
ted special Act of Congress exempts all bonds and
Treasury notes from local taxation On the averaoa
this exemption is worth about two per cent ner
according to the rate of axaton in various parts of
| country.
1t is believed that securities offer so great induce
ments to lenders as those issued by the government
In all other forms of indebtedness the faith or ability
of private parties stock companies or separate
munies only, is pledged for payment while the whole
property Of the country is held to secure the DISCHARGE
of all the obligations of the United States
While the government offers the mo st liberal terms
for its oans il believes that the very strongest
will be to the loyalty and patriotism ofthe people.
Duplicate certificates will be issued for all deposits
The party deposting must endorse upon the original
certificate the denomination of notes required. and
whether they 70 bessued in blank or payable to
der When endorsed must be left with the officer
receiving the deposit to be forwarded to the Treasury
Department.
Subscriptions will be received by the Treasurer Of
the United ates, Washington the several
Ireasurers and designated Depositaries, and by the
FIRST NATIONAL BANK OF MADISON.
and by all National Banks which are depositariss Of
public money, and
ALL RESPECTABLE BANKS AND BANKERS.
throughout the country will give further information
and AFFORD EVERY FACILITY TO SUBSCRIBERS