Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1864-09-23
u. S. 7-3O LOAN.

! The Secretary Of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes. payable three years from Aug 18th, 1864 with
semi-annual Interest at the of and three
tenths per cent. per principal and interest
both to be paid in lawful money.
The notes will be convertible at the option Of the
holder at maturity, into six per cent. gold b airing
| bonds payable not less than five nor more than
twenty years from their date, as the Government
may elect. They will be issued in denominations Of
$50 800, $500, 81 900 and 5000, and all subscrip-
tons must be for fifty dollars some multiple Of
fifty dollars.
The notes will be transmitted to the owners fre0
of transportation charges 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 one time will be
allowed n commission of onc-quarter Of one per
cent which will he paid by the Treasury Depart.
ment upon the receipt of bill for the amount,
tilted to by the officer with whom the deposit wes
made. No deductions for commissions must 10
made from the deposits.
SPECIAL ADVANTAGES OF THE LOAN.
Ir Is NATIONAL SAVINGS BANK, Offering .
higher rate of interest than any other, and the best
security. Any savings bank which pays Its deposit
in t. s. Notes considers that IT is paying in the
best circulating medium of the country and it can,
not pay in anything better, for its own assets are
either in government securities in notes or bonds
payable In government paper.
1t is equally convenient temporary Or per.
nlanen; investment. The notes can always be sold
Of anIo ,tlafa Cd
interest, and tine best security with banks col
laterias for discounts.
Convertible into six per cent. $40 gold bond.
In addition to the very liberal interest the
for three yeors this privilege of conversion Is
worth about three per cent. per annum for the
current rate for $50 Bonds is not less than nine per
cent. premium and before the war the premium on
six per t. S. stocks over twenty per cent.
1t will be that the actual profit this loan, ut
the present market rate is not less than ten per cent
per annum
Its Exemption from State or Municipal
Taxation.
Put asi, from ali tie advantages we have enum.
Grated, special Act of Congress erempts all tonds
and Treasury notes from local taratton. On the
average, this exemption is worth about two per cent.
annum, according 10 the of taxation in various
parts OF the country.
1t is believed that no securities offer so great In.
ducements lenders as those issued by the govern
ment In all other forms of indebtedness, the faith
ability Of private parties stock companies, or
seperate communities, only is pledged for payment,
Willie the whole property Of the country is held to
secure the discharge of all the obligations of tho
United States.
Willie the government offers the most liberal
terms for its loans it believes that the very strong
est appeal will BE to tho loyalty and patriotism Of
the people.
Duplicate certificates win be issued for all deposits
The party deposing must endorse upon the original
certificate the denomination of notes required, and
whether they to be issued in blank payable to
order When endorsed it must be left with the
officer receiving the deposit, to be forwarded to the
Treasury Department.
SUBSCRIPTIONS VIII. BE RECEIVED BY the Treas.
urer of the United States, at Washington. the sew
era Assistant Treasurers and designated Depositar.
les, and by the
First National Cank of Augusta Me.
First National Bank of Bangor Me.
First National Bank of BAH Me.
First National Bank of Brunswick, Ne.
First National Bank of Lewistor Me.
First National Bank of Portland, Me.
and by all National Banks which depostaries
of public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further informa.
ton and
AFFORD EVERY FACILITY TO SUBSCRIBERS.
3mos 30