The Portland daily press., 1864-08-26
MISCELLANEOUS.
U. S. 100 LOAN.

Inc Secretary of the Treasury gives notice that
subscripti rs will be received for Coupon Treasury
Notes. payable three yea from August 10, 1864
with semi annual interest at the rate OF seven and
threetonths per cent per annum,-principal and in.
tere't both to be paid in lawful money.
These notes viii be convertible at the option ofthe
holder at maturity into six per cent gold bearing
oonds' payable not less than five nor more than
twenty years from their date, as the Government
may elect. They viii be issued in denominations OF
hhyi one hGndred five hundred, one thousand, and
i've thousand dollars and all subscriptions must
oefor fifty dollars, multiple Of afty do
1 lars.
Inc notes viii be transmitted to tbs owners free OF
transportation charges as soon after the recent of
the original Certificates of Deposit as they can be
prepared.
As 'he notes draw interest fron Augustus. persons
making deposits subsequent to that date must pay
the interest accrued from date of note to date of de-
posit
rarues depositing twenty-five thousand dollars
ana upwards for these notes at any one time will be
allowed commission OF one-qnarter OF ore DER
cent, which will be paid by the Treasury Denar,.
ment upon the receipt of bill for the amount. Ger.
tilted to by the officer with whom the deposit was
made. No deducticns for commissions must be
made from tie deposits
Special Advantages Of This Loan.
~ u.s. Ma ioaat sarings Bank, Offering higher
rate of interest than any otter and the best sseuri
IT, Any savings bank which pays its depositors in
u >. Notes, considers that il is paying in the best
circulating medium Of he country and it cannot
pay in anything better for its xn assets are either
in Government securities or in notes or bonds pay.
able in Government paper
Its equally convenient as temprary or perma.
nent investment. The notes can always be sold for
within fraction Of their face aud accumulated in
teres and are the best security with banks as coa,
erals for discounts.
Convertible into 6 per cent 500 Gold Bond,
In addition to the very liberal interest on the
notes for three years. this privilege of conversion i
now worth aeous three per cent per aanum, for the
current rate FOR 52) Bonds Is not less than nine n,r
cent premium, and before the war the premium On
six per cent u. S. stocks were over twenty percept
1t will be that the actual profit on this loan. q,
the present msrkei rate Is not less than ten
per annum.
It's Exemption State ar Nu,;c,n.,
Taxation.
But aside from all the advantages we have enpm.
Grated special Act of Congress erempts all bonds
and treasErg notes from local taration. On the
average, this exemption is worth about two per
cent err annam, according to taxation in various
parts of the country.
IL rs believed that no securities offer so great in.
ducements to lenders those issued BY the Govern.
ment In all other forms of Indebtedness, the
iafh or ability of private parties or stock compar
'e'' or separate communities only is pledgoi forpay
ment, while the whole property of the country i.
he'd to seeare the discharge of all the Obligations of
the United States
While the Government offers the most liberalterms
or its loans il believes that tie very strongest sp
peal Will be to the loyalty and patriots Of the peo
pie.
Subscriptions 'cH be receired by the Treasurer of
the United States. at Washington, the several As.
sis'ant rreasurers and designated Depositaries, and
by the
Fhst National Bank OF Portland, Maine.
and b. ali National Banks which arc Dspositsries
o public money. and ali respectable Banks and
Bankers throughout the country will give further
Information, and afford every fac iity to subscribe
Aug a0--d&w2m