The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1864-10-08
UNITED STATES sEvEN-TaIRTYioAN

UNITED STATES SEvEN-TAlR1Y LOAN
The Secretary Of the Treasury gives notice thai
subscriptions viii be received for Coupon Treas
ury Notes. payable three years from Aus. 18th
1863, with semi-annual interest At the. rate .
seven and three-.enths per cent per annum.- =
principal and interest both to be paid in Lawful
money. .4t sEg- n
| These notes win be convertible ct TIE option
Of the holder at maturity into six per cent. gold
bearing bonds payable not less than i've mol
more than twenty years from their date, az the
Government may elect. They viii be issued ~
denominations OF So 500, $780, 81. 900 and 5000
and all subscriptions must be for fifty dollars o.
some multiple of Fifty dollars. fas.tr ~
The notes will be transmitted to the owneis
free Of transportation charges rs socn after the
receipt Of the original Certificates Of Deposit as
they can be prepared. ~
As the notes draw Interest from August 18th.
persons making deposits subsequent 10 THAT
date must pay the interest accrued from date Of
note 70 dste Of deposit. Il r
Parties depositing twenty-five thousand dol.
lars and upwards for these notes at any one
time viii be allowed commission OF ore-quar-
ter Of one per cent sr@~ tl,.4 !,
SPECIAL ADVANTAGES OF THIS LOAN.
II 1s NATIONAL sAvrvcs BANK, offering :
higher rate Of interest than any other, and ne
bea security. Any savings bank which pays it,
depositors in U. 8. Notes, considers that it Is
paying in the best circulating medium Of the
country. and it eas,nes pay in anything better.
for it, own assets are either In government -.
curities or in notes OF bonds payable in govern.
ment paper. sAh .t.sn 81 Aa1 s.
It Is equally convenient as . Temporary or
permanent investment. TIE notes can always
be sold for within a fraction Of Their face and
accumulated interest, and are the best security
with banks as coIaterals for discounts. -
Convertible into . Six per cent. $40
Gold Bond.
IN addition 70 the very liberal interest on tn
notes for three years, tnts privilege Of CONVEX.
sion is now worth about three per cent. per en-.
mum, FOR the current rate for so Bonds is not
less than nise per cent pYenaD,, and before the
war the premium on SIX per cent. y. 8. stocks
was over twenty per cent. It win be seen that
the actual profit on this loan, at the present
market rate is not less than ten per cent per
amman.
Its Exemption from state Or Municipal
Taxation.
Bat aside rom all the advantages we have
az bonds and Tea1,yy notes from, local soz0ion.-
On the average. this exemption is worth about
two Per cent per AMMAN, according TO the rate
Of taxation in various rsrts Of the country.
Its believed that no securities ofer so great
Inducements to lenders az those issued by the
government. In all other forms Of indebted.
ness, the faith or ability Of private parties, or
stock companies, or separate communities, on.
~, is pledged for payment, while the whole pro-
perty Of the country is held 10 secure the dis.
charge OF AL the obligations Of the United States
While the government Offers the most liberal
terms for its loans, it believes that the very
stIonsest appeal Wiz Oe 70 ne IOy&Ily ana pat
riotism Of the people.
Up to the oath Of September, the subscriptions
to this loan amounted to over
$40, 900, 900.
SUBSCRIPTIONS WILL BE RECEIVED by the
Treasurer OF the United States, At Washington,
the several Assistant Treasrrers and designated
Depositosies. and by the assT
First National Bank of Burlington, Iowa
ALL RESPECTABLE BANKS AND BANKERS
throughout the country Will give further infor.
sssAAt nation and afford
EVERY FACILITY TO SUBSCRIBERS. I
octS-3wddwis s.*