Charles City intelligencer. [volume] (Charles City, Floyd County, Iowa) 1864-1866, 1864-06-09
Us, 1910 BONDS.

Tbcsc Bon4 xe issued urAer the Act of Congress Of
tliatch sh ISe4 (which otidcs that all ntpssoed
binder this adj siAu be!AyfAIPT FROM TAXA ION BY;
Dr. Under. anu State oe mahcipal authority. bstrp-
tons to these Bsnas Are peccved in United saAaQAw
or notes Of National Banks. They TO BE REDEEM,
ED IN COIN at the pleasure of the Government ut any
period nat less than ten more than forty years from
their date and until their redemption FIVE PER CENT
INTEREST WILL RE PAID IN COIN, on Bonds Of not
over one hundred. dollars annually and on Al other
Bonds sct annuaiiy. The interest Is payubic on the
first days Of March and September In each Year.
Subscribers will receive either Registeredot Coupon
Bonds they may prefer. Registered Bonds are re-
corded on the books Of the u S Treasurer and be
transferred only the owners order Coupon Bonds
payable bearer and convenient for CON-
suscriberstoshs ban will have the option of having
their Bonds draw interest from March lst by paying
the accrued interest in ceintcrin United ststes notes,
the notes Of National Banks, adding fifty per cent for
premium,) Or receive then drnwbs Interest from the
date of.subscripton and deposit As these Bonds
Esenapt nom Municipal or stnte Taxation,
their value increased from three per cent per
ahnum, according TO tho rate Of tax ovics IN various
parts ofthe country. we 'EAsai
At the present rate of premium on gold they pay
Over Eight Per Cent. Interest
in currency and are Of equal convenience as pcrrna-
nent or temporary investment.
tits believed that securities ofr so great induce.
ments 10 lenders the various descriptions of L. s.
Bonds In nj, other forms Of Indebtedness the faith or
ability Of private parties stock companies separate
communities only is pledged for payment while for the
debts Of the United States the whole property Of the
country is holden TO secure the payment OF both pnc
| pal and interest in coin.
These Bonds may be subscribed for In sums from $50
up to any magnitude, the same terms and are thus
made equally available the smallest lender and the
largest capitalist. They be converted into money a
any moment and the holder will have the benefit Of the
| interest. '
II may be useful to state In This connection that the
Funded Debt Of the United States ON which interest
is payable In gold, the ID day Of March 1864 was
$76s 965 900 The interest this debt for the coming
fiscal year viii be $45 9S7 1885, while the customs reve
IN gold for the current fiscal year. ending June 3Oh
1854 has been 30 far at the rate Of 500 900 00
per annuni. r.s-.. ,- . ... ...,.... -, asrF
will be seen that even the present gold revenues
the Government largely of the wants of the
Treasury for the payment of gold interest," while the re
If the tariff will doubtless raise the annua
receipts from customs the same amount Of smporta
tons, TO $3.50 900 900 per annum
Instructions TO the National Banks acting as loan
agents were not issued from the United States Treasury
I'll March g. but in the first three weeks Of April III.
subscriptions averaged more than TEN MILLIONS A
WEEK .a- $780,
Subscriptions win be received by the FaF
First National Bank OF Davenport, Iowa.
First National BANK OF KcOluk, Iowa.
First National Bank or MT. Pleasant, Iowa