The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1864-07-09
FINANCIAL.
US. 1910 BONDS

These Bonds issued under tho Act Of Congress Of
March sth 1864 which provides that all Bonds issued
under this Act shall be EXEMPT PROM TAXAT ON
by or under any State municipal authority. Sub
scrpon to these Bonds received in United States
notes or notes uf National Banks. They are TO BE
REDEEMED IN COIN, at the pleasure of the Govern
ment at any period NOT LES THAN TEN NOR THAN
from their date. and until their redemption
FIVE PER CENT. INTEREST WILL BE PAID IN
COIN, Bonds of not hundred dollars annually
and all other Bonds sem-',nnuay. The interest is
payable the fra. days Of MarcI. and September in
each year.
Subscribers will receive either Registered Coupon
Bonds as they may prefer. Registered Bonds
corded the books of the U. Treasurer and be
transferred only the owners order Coupon Bonds
pay hle to bearer and convenient for
cis uses.
Subscribers to this loan will have the option of having
their Bonds draw interest from March LIST, by paying the
accrued interest in coin-(or in United States notes
the notes Of National Banks, adding fifty per for
premhim) or receive them drawing Interest from tho
date of subscription and deposit. AS these Bonds arc
Exempt from Municipal or State Taxation
their value is increased from to three per per
annum according to the rate Of tax evies in various
parts Of the country.
At the present rate Of premium on gold they pay
Over Eight Per Cent. Interest
in currency, and Of equal Apermanen.
or temporary investment.
1t is believed that securities offer great induce
to lenders the various descriptions Of L. s.
Bonds. In all other forms of Indebtedness the faith or
ability Of private parties stock companies or separate
communities only is pledged for payment while for the
debts Of the United States the whole property of the
country holden to the payment Of beth pruc
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 to tho smallest lender and the
largest capitalist They be converted into money
any moment and 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 which interest
is payable in gold the day of March, 1854 $685.
$4,000 The interest this debt for the coming fiscal
year will be SIS 937 16, while the customs revenue in
gold for the current fiscal year. ending June 30h 1884,
has been far at the rate Of over si00,OOocQ0 per
| 0nuum.
1t will be that tho present gold revenues Of
the Government largely in Of the wants Of
the Treasury for the payment of gold Interest," whis tie
recent increase Of the tariff will doubtless raise tho
annual receipts from customs on the amount Of
importatons, to sl5o,OOO,0OO per annum.
Instructions to the National Banks acting US loan
agents not issued from the United States Treasury
until March 2s but in the first three weeks Of April the
subscriptions averaged more than TEN MILLIONS A
WEEK.
| Subscriptions will BIO received by the
| First National Bank Of Baltimore, Nd,
Washington, D. c,
Carlisle, Pa,
AND BY ALL NATIONAL RANKS