Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1864-12-24

TINE Secretary Of the Treasury gives notice that
/ subscriptions will be ived for Coupon Treas
ury Notes yable three years from Aug 9Th, 1864
with semi an nual interest at the rate of and
three enths per cent. per annum-- principal and
interest both to be paid in lawful money.
These notes will be- convertible at the option o.
the holder at aturity into six per cent gold bear
ing bonds, pa yab'e not less than Eve more than
twenty years from their date, AS the Government
may elect. They will be issued in denominanC ms
OF $50, 800, $500, 81 900 and 900, and all sub
sc rip.ons must be for fifty dollars multiple
Of fifty dollars.
The notes will be transmitted to the owners free
of transportation charges soon after the receipt
Of the original Certificates Of Deposit they can
be prepared.
As the notes draw interest from August Is, per-
sons making deposits subsequent to that date must
pay the interest accrued from date Of note to date
Of deposit.
Parties depositing twenty five thousand dollars
and upwards for these notes at any time will be
allowed a commission Of one-quart Of one per
cent, which will be paid by the Treasury Depart
ment upon the receipt OF bill for the amount,
certified to by the officer with whom the deposit
was male. No deductions for commissions must
be made from the deposits.
spec Al AOV 0n0ASeS Oh TINS LO0O.-It
is a National Savings Bank, offering higher rate
o' interest than any other, and the best security
Any savings bank which pays its depositors in T.
$ Notes. considers that it is paying in the best
| culatng me um Of the country, nd it cannot pay
In anything better. for it's assets either in
governme securities or in notes or bonds payable
| in government paper.
1t is equally convenient Us temporary or per.
"A,
for within fraction of their face and ccumulated
| interest, and the best security with banks as
| coatcrals for discounts.
Convertible into a SIX per cent. $40
Gold BOnd.-In addition to the very liheralin-
tetest the notes for three years this privilege Of
conversion is now worth about three per cent. per
mum, for the current rate for $40 Bonds is not
less than nine per cent. premium and before the
war the premium six per cent, u S. stocks was
over twenty per cent 1t will be seen that the &C
tual profit this oan n, at the present market rate
is not less than ten per cent per annum.
Its Exem pit TON from state Nunt =
ctpal TnxattOn.-- But aside f. ON all the advan
tages We have enumerated, special Act OF Con.
grcss exenpts all bonds and Treasury notes from
| local taxation. On the average this exempt: ion is
worth about two per cent per annnm according to
1t isbele,-d that securities offer great n
ducements to lenders those issued by the govern
ment. IA all other forms of indie btedness, the it
or ability Of private parties, stock companies or
separate communities. only is pledged for pa me mt
while the whole property of the country is held to
secure the discharge of all the obligations of the
Unit, d States.
While the government offers the most Eber raj
terms for its ioa ns it believes that the v~ystr0ng.
estappeal will be to tho loyalty and patriotism If
the people.
Duplicate certificates will be issued for all deros.
Is. The party disp"sitng must endorse upon the
original certificate the dcnominetion of notes re-
quired and whether they TO be issued in hlau X
or payable to order. When so endorsed it must be
left with the officer receiving the deposit. be
warded TO the Treasury Department.
Subscriptions will be received by the Trea surer Of
the United States. 1T Washington, the several As
sistant Treasurers and desig Depositares and
by the