The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1864-10-15

FINANCIAL.
e. S. 7-30 LOAN.

The Secretary oil gives hoti'e iunt 'uS-
sc 1.tons will be received for Coupon Treasury Notes,
pas atc three years from Aug 10th, 1SGi with ssmi-
annual interest the rate Of and treeenths per
cent Der annumprncpa and interest both to be paid
in lawful money.
These notes will be convertible at the option Ct the
holder maturity into six cent gold bearing bonds
uayabe not less than five than twenty years
from their date, the Government may elect They
Will be- issued in denominations Of $780, $780, $500 slooc
and IS ooo and all subscriptions must be for fifty dollars
or some multiple Of fifty dollars.
The notes will Sc transmitted to the owners free Of
transportation charges after the receipt Of tho
original Certificates Of Deposit they con be prepared
As the notes draw interest from August Is, persons
making deposits subsequent to that date must pay the
interest accrued from date of to date Of deposit
Parties depositing twenty-five thousand dollars and
upwards for these notes at any ono timc will be allowed
commission Of onequarter Of per cent which will
DO paid by the Treasury Department upon the receipt Of
bill for the amount, certified to by the officer with
whom the deposit made. M deductions for COM
missions must be made from the deposits.
Special Advantages OF this Loan.
IrIsA NATIONAL SAVINGS BASK, offering higher rate
Of interest than any other and Any
savings bank which pays its dcpositors in u Notes,
considers that It is paying in tho best circulating me-
dunn Of the country and CANNOT pay in anything bet
ter for its assets either in government securi
ties in notes bonds payable in government paper.
1t is equally convenient temporary permanent
Investment The notes always DO sold for within
fraction Of their fco and accumulated interest," and
Convertible into a Sir per cent $50 Gold Bond.
In addition to the very liberal interest the notes
for three years. hsprlylege Of conversion worth
about per cent per annum for the current ratio for
$40 Bonds not less than CENT PREMIUM, and
before the the premium six per cent u g. stocks
was over twenty per cent 1t will be that the
actual profit this oan at the present market rate, is
not less than ten per cent per annun.
It's Exemption from State or Municipal Tara.
tton
But aside from all the advantages have enumsra-
ted spccal Act of Congress ExExrrs ALL BONDS AND
TREASURY NOTES FROM LOCAL TAXATION On the average
this exemption is worth about two per cent per snnum,
according the rate of taxation in various parts Of the
country.
1t ID believed that no securities offer great induce
mcnts to lenders those issued by the government
In all otbor forms Of Indebtedness the faith ability
Of private PARTIES stock comrsno separate COM
III -y,aIz
property of tho country held to secure the discharge
Of all the obligations Of the United States
While the government offers the most liberal terms
for its loans it believes that the very strongest appeal
will be to the loyalty and patriotism Of the people
Duplicate certificates will be issued for al deposits.
The party depostng must endorse upon the ORIGINAL
certificate the denomination OF the notes required, and
whether they to be Issued In blank payable to
order When endorsed 1t must be left with the officer
receiving the deposit to be forwarded to the Treasury
Department.
SUBSCRIPTIONS WILL RECEIVED by the Treasurer Of
the United States at Washington the several Assistant
Treasurers and designated Depo,itarics and by the
First National Bank of Baltimore, Nd
Second National Bank of baltimore, Md. -.
First National Bank Of Chester, Pa.
and by all National Banks which dcpositaries Of
public money, and
ALL RESPECTABLE BANKS AND BANKERS
throushou tho country will give further information
and
AFFORD EVERY FACILITY TO SUBSCRIBERS.
August 49, ls64-2m.