The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-05-30
MISCELLANEOUS.
U. S. 10-40 BONDS.

These Bonds are issued under the Act of Congress
of March sth 1884, which provides that in lieu Of so
much fthe loan authorized by tho Act of March 3d.
1862 to which this is supplementary the Secretary OF
the Treasury is authorized to borrow from time to
time the credit of the United States, not exceed.
ing Two HUSDaxD MILLION DOLLARS during the
current scal year aad prepare ard issue therefor
Coupon and Registered Bonds of the United States
and all Bonds issued under this Act shall be EXEMPT
FROM TAXATION by or under any State or munich
pal authority. Subscriptions to these Bonds are re-
ceived in United States notes Of National Banks
They afero REDEEMED IN cor. at the pleas
Of the Government. at any period not Tess than
ten more than forty years from their date. and
until their redemption Five Pea CENT INTEREST
WILL BIZ PAID In COIN, on BoEds OF not over one
hundred dollars annually. and ON all other bonds
mi-annually.
The interest Is payable on the first day Of March
and September in each year. The semi annual Cou.
pons are payable at those dates, and the annual
Coupons on the 90 and 100 dollar bonds payable
on the first Of March.
subacribers will receive either Registered or Cou.
pom bonds, as they may prefer. Registered Bonds
are recorded on the books of the U. 9. Treasurer,
and can be tranferred only at the owners order
Coupon Bonds are payable to bearer, and are more
convenient for commercial use.
Registered Bonds will be issued Of the denouipa.
tions of Fifty Dollars ts5ol. One Hundred Dollars
tsl00), Five Hundred Dollars 1901. One thousand
Dollars IS 0oo, Five thousand Dollars oo0l and
Ten Thousand Dollars tslo. .oool and Coupon Bonds
OF the denominations OF Fifty Dollars (s5ol One
Hundred Dollars tsleo, Five Hundred Dollars
ts5o0) and One Thousana Dollars 70 ,oo0).
Subscribers to this loan will have the option Of
having their bonds draw interest from March lst,
by paying the accrued interest coin-or in United
States notes, or the notes National Banks adding
fifty per cent for PREMIUM or receive them draw.
ing interest from the date Of subscription and Dc.
post.
As these Bonds are exempt from Municipal or
State taxation. their value is increased from one to
three per cent per annum. according to the rate of
tax levies In various parts fthe country.
At the present rate Of premium ON gold they pay
over eight per cent interest In currency, aud Of
equal convenience ~ permanent or temporary in
vsstment.
1t 10 believed that no securities offer 10 great in.
ducements to lenders the various descriptions of
U. 8. Bonds. In all other forms of indebtedness
the faith or ability Of private parties stock COM
panes or separate communities only is pledged for
payment, while for the debtsoi the United States the
whole property Of the country 10 holden to secure
the payment or both principal and Interest in coin
rhe Bonds may be subscribed for In sums from
$50 up to any magnitude. on the same terms, and
are thus made available to the smallest lender and
the largest capitalist. They be converted into
money at any moment, and the holder will have the
benefit of the interest. fa
The fact that all duties imports are payable In
specie furnishes fund for like payment of interest
on all Government bonds largely in excess of the
wants Of the treasury for this purpose.
Upon receipt Of subscriptions certificate of de-
posit therefor in duplicate, will be issued the origi-
nal Of which will be forwarded BY the subscriber to
the Secretary ofthe Treasury, at Washington, with
letter stating the kind Registered or eoupon) and
the denominations Of bonds required.
Upon the receipt Of the original certificate at the
Treasury Department, the bonds subscribed for viii
be transmitted to the subscribers respectively.
Subscriptions wi be received by the Treasurer
erthe UHifed States at Washington and the Assist
ant Treasurers at New York, Boston and Philadei-
pha and by the
First National Bank Of Portland. Me-,
First National Bank of Augusta. Me-,
First Ma ional Bank of Bangor, Me-,
First National Bank of Bath. Me-,
First National Bank Of Brunswick, Me-,
and by all National Banks which depositares OF
public money All respectable banks and bankers
throughout the country will furnish further infor-
nation on Application, and afford every facility to
subscribers. may20d& w2ws