Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1864-09-08
FINANCIAL.
T S. SEVEN-THIRTY LOAN.

The Secretary of the Treasury gives notice that
subscriptions will be received for Coupon Treas
ury Notes, payable three years from Aug. 18th,
1864, with seri-annual interest at the rate Of
seven and three tenths per cent per annum,-
principal and interest both TO be paid in lawful
money.
These notes will be convertible at NE ophsA
the holder st maturity, into SIX PEE seat
bearing bonds, payable not les tsss avs
more than tsea t,ysr ,iroD ssts, .
sovernmsst msy s!sps. IA g3H isss
denominstions > Is il,, e.a
g 600, and al ru.c=-lp.iss gnss S,ef
lars or some Multiple of sfy della
The notes will be transmitted to he - .
free Of transportation charges as soon amer the
receip. Of the original Certificates Of Deposit a.
they can be prepared.
As the notes draw interest from August 18th,
persons making Dc posts subsequent to that date
must pay the interest accrued from date of note
TO date of deposit.
Parties dtpositing twenty-five thousand dollars
and upwards for these notes at any one time viii
be allowed a commission of one-quarter OF one
per cent, which will be paid by the Treasury De-
partment upon the receipt of bill for the amour:
certified 10 by the officer with whom the deposit
was made. No deductions for commissions must
be made from the deposits.
SPECIAL ADVANTAGES OF THIS LOAN.
II is National Savins g Bank, offering q high
err rate Of interest than any other, and the BEST
SECURITY. Any savings Bank which pays it,
depositors in U. s. Notes. considers that it is pay.
ing in the best circulating medium Of the coun-
try, and it CANNOT pay in anything better, for
its own assets are either in government securi-
ties or in notes or bonds payable in government
paper.
1t is equally convenient as temporary or per-
manent investment. The notes can always be
sold for within fra ction Of their face and accu-
mulated interest, end are the best security with
banks as collaterals for discounts.
CONVERTIBLE INTO SIX PER CENT.
SEQ GOLD BOMB.
In addition to the very liberal interest on the
notes for 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 NINE PER CENT PREMIUM, and before
the war the premium on six per cent u. S. Stocks
was over twenty percent II will be seen that
the actual profit on this loan at the present mar
/ ket rate, is not less than ten per cent per an
! mum.
IT'S EXEMPTION FROM STATE OR NUM-
CIPAL TAXATION.
But aside from all the advantages we have ei Il
merated, special Act of Congress EXEMP 9
ALL BONDS and TREASURY NOTES FRO =
! LOCAL TAXATION. On the average, this
emption is worth about two per cent per ann :,
according to the rate of taxation ia various parts
of the country.
1t is bell we'd that no securities offer so grea,
! Inducements to lenders as those issued by the
government. In all other forms of inde btedness
! the faith or ability of private parties, or stock
companirs, or separate communities, only,
pledged for payment, while the whole property
Of the country is held TO secure the discharge o
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 patri
otism of the people.
Subscriptions will be received by the Treas
urer of the United States, at Washington, tn
several Assistant Treasurers and designated d
pssitares and by the
NATIONAL BANK OF BRANDON
| and by all Nation al Banks which are depostarie
of public money, and all
RESPECTABLE BANKS AND BANKER
throughout the country viii give further nfol
| nation anu afford
EVERY FACILITY TO SUBSCRIBERS.
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