Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1864-11-26
United States $50 Loan

yINHE Secretary of the Treasury gives notice that
/ subscriptions will be received for Coupon Treas
ury Notes, payable three years from Aug 18th, 1864
with semi -annua interest at the rate OF seven and
three tenths per cent. per annnm- principal and
interest both to be paid in lawful money.
These notes will be convertible at the option OF
the holder at maturity. int six per cent gold bear
ing bonds, pay able not less than five morethan
twenty wears from their date. the Government
NAV elect They will he issued in denominations
of 500 500, $500, 81 600 and 5000, ami all sub
scrp,ions mnst be for fifty dollars some multiple
of fifty dollars.
The notes will be transmitted to the owners free
of TRANSFORMATION charges after the receipt
OF the origina. Certificates Of Deposit they can
be prepared
As the notes draw interest from August IS, per-
sons making deposits subsequent to tn, date must
pay the interest accrued from date of note to date
OF deposit.
Parties depositing twenty-five thousand dollars
and upwa rls for these notes at any time will be
allowed n commission of one-1uartcr Of one per
cent. which will be paid by the Treasury Depart
ment upon the receipt Of bill for :he amount,
! certified to by the officer with whom the deposit
was ma 'c. No dcdlctons for commissions must
| be made from the deposits.
Special advans ges OF this I.onn.-It
is National Savings Bank, Offering higher rat &
o. interest than any other and the best security
| Any savings bank which pays its derositors in L.
:. Notes considers that it i paying in the best cir
. cnatinc ,ium Of the country, and it cannot pay
in anything better. for its assets either in
government securities or in notes bonds payaL bic
| in government paper.
1t is equally convenient a temporary or per-
mancnt investment. The notes always be sold
for within fraction of their face and accumulated
! interest," aud ar" the best security with banks IA
! Collatcrals for discounts.
Convertible into a 81 x per cent. , 2 O
| Gold Isond.ln addition to the very libel al in.
terrst the notes fur three years, this privilege OF
conversion is now worth about three per cent. PEI
mum, fer the current rate for $50 Bonds i, not
less than nine per &C mt. Prrminm and before the
war the premium on six Per cent, L 5. st"cks was
over t"cuty per cent. 1t will he seen that the ac
tnal profit on this loan at tn" present mark et rate
is not less than ten per cent rtr anuum
It's Exemption from state or NUM-.
cipal Taxatton.-Eut aside from all til" ahva,
tags we hav" enumerated, a special Act of Com
gross "N"mpts all bonds and Treasury notes from
I iocaltaEati"n. On til" average, this exemption i
worth about t"" Ter cent per annlm, according t,
the rat" "i taxation in various parts Of the conntry
Ii is hr|i"'"l that no securities o:rr SO Grcnt ia
d"c"n"nt, oi'ni"r, a> those issued Ivy tn govern
ment. In all other forms of Indebtedness the iatl
or ABILITY ii rri'"tepartic>, ar stock companies, Q
separate mmnnics. only. il Piled gcd for pay
Will" the whole properly Of the country is held t
the discharge Of all the Obligations OF Tia
[ lifted States.
While the government offers the most lihcra
terms Tor its loa it believes that the
e>tnppeal will be to the loyalty and patriotism I
the people.
duplicate certificates will be issued fer all irl,>
it,. The party dispu>itin- must cnd"r>" upon III
original certificate the dcnuminetiun Of notes rr
Quii'i and whether they are to be issued in h.nl
aS.ti'lc l. ORDER. When 80 endorsed il must l.
lcl with til" officer iuns the deposit, t. he for
"aldrd t" IL" Treasury Department.
Subscriptions will h., receive hy the Treasurer q
the United States. ut Washington, the several As
>istant Irrasnrcrs and designated nclusitalit>. an
] Iy the