Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1864-07-09
j. s. 1910 BONDS.

These Bonds are issued under the Act Of Congress
Of March sth, 1864, which provides that all Bonds
Issued under this Act shall be Exempt from tax
alton by or under any state npai authority.
Subscriptions to these Bonds are recevedin United
States notes or notes Of National Banks. They are
TO BE REDEEMED IN COIN, at the pleasure Of
the Government, a. any period not less than ten
more than forty years from their date, and nm
til their redemption FIVE PER CENT. INTER-
EST WILL BE PAID IN COIN, on Bon 4, Of not
hundred dollars an nually and on all othe,
Bonds sem-annually. The interest is PAYABLE On
the first days of March and September In each year.
subsc ribers will receive either Registered or Cou-
pom Bonds, Is they may prefer. Registered Bonds
are recorded on the books of the U. s. Treasurer,
and can be transferred only on the owners order.
Coupon Bonds are payable to bearer, and are more
conve nient for commercial uses
Subscribers to this loan will have the option Of
having their Bonds draw interest from March LIST,
by paying the accrued intertst in coin-(or in U 3
Notes, the notes Of National Banks, adding fifty
per cent. for premium j or receive them drawing
interest from the date of subscr ption and deposit
All these Bonds are II N pit from M unicipal
or state Taxation, their value is inc eased
from one to three per cent. per annum, according
to tho rate Of tax levies in various parts Of III.
country. At the present rate Of premium on ro,S
they pay over Eight Per Cent. Interest
In currency, and Of equal convenience a. Der.
manent or temporary investment.
1t 10 believed that no securities offer 80 great in
ducements lenders as the various descriptions Of
U. >. Bonds. In al other forms Of Indebtedness,
thefaith ability Of private parties or stock ON.
panies or separate communities only is pledged for
payment while for the debts Of the United states
tho whole property of the country is holden to
secure the payments Of both principal and Interest
iu coin.
These Bondsmny be subscribed TO in sums from
$50 up to any magnitude, on the same terms aud
are thus made equally available to the sma Hest lem
der and the largest capitalist They are converted
into money at any moment, aud the holder will
have the benefit of the interest
1t may be useful to state in this connection that
the total Funded debt Of the United States on
which interetis payable in gold on the Sd day Of
March, 1864, was s76s 9S5 900 The interest this
debt for the coming fiscal year will be S45 937 22S
while the customs revenue in gold for the current
fiscal year. ending June 3oth, 1864 has been 50 far
at the rate Of over 500 600 900 per annum.
1t will be seen that even the present gold revs--
nues Of the Government largely in of tho
wants Of the Treasury for the payment of gold in
terest while the recent increase Of the tariff will
doubtless raise the annual receipts from customs on
the same amount Of importations, to $50 ooo, 600
per annum.
Instructions to the National Banks acting A.
loan agents not issued from the United Sta,<s
Treasury until March 20. but in the first three
weeks Of April the subscriptions averaged moro
than TEN MILLIONS AwEEK. Subscriptions
will DO received by the
First Nrtionsl Bank of Davenport, Iowa.
First National Bank Of Keokuk, Iowa.
First National Bank of Mount Pleasant, Iowa,
Andhy ALL NATIONAL BANKS which are depo.
sitaries of Public money. and all RESPECTABLE
BANKS AND BANKERS throughout the A,utrv
tacting as agents of the National Depositary Bauks
will furnish 'nrther information on application,
and afford every facility to subscribers. CIV