Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1864-08-29

K
NE Aerelry Of Treasury gives dotie Nat
supscr iou( Pin bi4eeeived for Coupon as-
ny xoses, psysbss iAs-e years from AugustfSth |
1864, with semiannu interest at the rate Of sew
en- aud three .tenshs per cent. per rnnum, --prin.
cipal ano interest both 10 be paid in lawful sssT
These notes viii be convertible At the option Of
the holder at maturity. into six per cent. gold
6evipg bonds, pay ,bie nst less than 1ve nor
more than twenty years from their date, Is the
Government ma, elect. They sill be issued in
denominations Of $780, sico. $500. q 900 and g.,
600, and all subscriptions must be for tfty dollars
or some multiple of aft, dollars. gao
These notes will he transmitted to the owners
free Of transportation charges as soon after the
receipt Of the original Certificates Of Dep sits IS
they can he prepared.
As the notes draw interest from August Is, per-
sons making deposits subseqnentk ito that date
mus, nav the interest accrued from date Of note
70 date Of deposit.
Parties depositing twenty five thousand dollars
and upwards for these notes at any one time will
be allowed commission Of one-quarter Of one
per cent which will be paid by the Treasury De
partment upon the receipt Of bill fer the amount
certified to by the officer wit whom the deposit
was made No deductions for commissions must
be made from the deposits.
Special a dvantages Of this Loan,
or rate Of interest than any other, and the bet &C.
cnrity Any savings bank which pays its depos-
itors in L. s. Notes considers that IL is paying
ia the best circulating medium Of the country,
and i. cannot pay in anything better, for its own
assets are either in government securities or in
notes and bonds payable in government paper.
1t is equally convenient as temporary or per
manent investment The notes can always be
sold for within fraction Of their face and accu
! mulated interest. and are the best security with
1 DdIiks as cOliattIdiS lcI ri5CoAHto-
Convertible into a 6 per cent. 80 Gold Bond
In addition to the very liberal Interest on tn,
notes for three years. this privilege Of conversion
is now worth about three per cent. per annrm
for the current rate for 500 Bonds is not les
than MIN PER cant. pren.ium, and before the wa
the premium ON six per cent. L. S. stocks wa
over twenty per cent. 1t will be seeh that tn
actual profit OH this loan, at the present marke
: rate, is not less than ten per cent. per annum.
It's Exemption from State Or Municipa
!. ! Taxation.
+ merated, special Ac, of Congress ersmpts a
bands and Treasury notes from iocal taratioa. D
the average, this exemption is worth about tw
per cent per annum, according TO the rate of tax
D alton in various parts OF the country,
II is believed Tia. Io securities offer so gres
inducements to lenders as those issued W th
o government In all other forms of indebtedness
9 the faith or ability Of private parties, or stoc
> companies, separate communities, only,
j. pledged for payment while the whole property
e the co..ntry is held To the discharge OF a
n the obligations OF the In''sd States.
While the Government oilers the mos. i.bci;
n terms for its loans, it believes that the yer
strongest appeal will be to the loyalty and patr
otism Of the people.
SUBSCRIPTIONS WILL BE RECEIVED by the Treas
S urer of the United States, ut Washington, tn
! several Assis..... Treasurers and designated d,
! postaries, and by the
: First National Bank.
of Davenport Iowa,
. and by all National Banks which are depositarie
of public money, and
c | ALL Respectable BANKS AND BANKER
$ throughout the country will give further info
nation and
AFFORD EVERY FACILITY TO
SUBSCRIBERS
- aug26- d&w2m
| &SES m TUE MED yynt,s, St-uIN.