Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1864-06-18
u. S. IO-4O Bonds.

These Bones issued under the Act of Congress of
March sth 1884, which provides that all Bonds issued under
this Act shall be EXEMPT FROM TAXATION by under
sta municipal authority. Subscriptions to these
Bonds recevedi United States notes of Nation
al Banks. They TO BE REDEEMED IN COIN, at the
pleasure of the Government at any period not iess than ten
aa ry years from their date and until their
demption FIVE PER CENT. INTEREST WILL BE PAID IN
COIN, Bonds of hundred do,rs annually and
all other Bonds semannuay The interest payable
the FIRST days of March and September In each year
Subscribers will receive either Registered Coupon Bonds
as they may prefer Registered Bonds recorded the
books of the u Treaurer and be transferred only
the owners order Coupon Bonds payable bearer and
are more convenient for commercial
Subscrbers to this loan win have the option Of having
their Bonds draw interest from March l by paying the
eued interest in coinsr In United States notes. the
notes Of National Banks adding fifty per cent for premum
receive them drawing interest from the date Of subscription
and deposits. As these Bonds
Exempt Gom Municipal or State Taxation
their value is increased from to three per per
num- according to the rate of tax ees in various parts
the country
At the present rate Of premium on gold they pay
Over Eight per cent. Interest
currency and equal convenience permanent
temporary investment.
1t is believed that securities offer great indueemen
TO lenders the various descriptions OF u s. Bonds In
other forms Of Indebtedness, the faith ability private
parties or stock companies separate communities only
pledged for payment while the debts Of the United State
the whole property othe country holden 10 the
ment Of both principal and interest In coin.
These Bonds may be subscribed for in from $50 up
any magnitude the ers and thus made equal,
available to the smallest lender aud the largest capitalist
They be converted into money at any moment and h,
holder will have the benefit of the interest
1t may be useful to state in this connection that the os
Funded Debt ofthe United States which interest is payable
in gold the Sd day OF March, 1854 s7e OO9 The
interest this debt for the coming fiscal year will be s5
oS7l2o while the customs in gold for the current
fiscal year. ending June SOth 1884, has been SO far at the
rate ofoyer 500 100000 per annum.
will be that the present gold revenues of the
Government largely in OF wants othe Treasury
for the payment Of gold interest," while the recent Increase
the tariff Will doubtless raise the receipts from
on the same amount OF npOrtaons S6l 900 per
mum Instructions 10 the National Banks acting loar
agents were Issued em the United States Treasury until
March 70 butin the first three OF April the subScp
| iions averaged more than TEN MILLIONS WEEK
Subscriptions will be received by the First National BanI
Of Cleveland, o. Second National Bank Of Cleveland o.
and by oil National Banks
which dspOsiisss Of Public money, and ali REsPEcrA
| BILE BANKS ARD BANKERs throughout the eoupts,
tagting agests Of the National Deposay Banks vii
furnish further information application and 7522m
AFFORD EVERY FACILITY TO SUBSCRIBERS