The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-14
FACTS ABOUT THE 7-30's-THE AID
VANTAGES THEY OFFER.


VANTAGES THEY OFFER.
THEIR ABSOLUTE sECuRrrNearly all active credits are
now based on Government securities and banks bold them
as the very best and strongest investment they can make
If 1t were possible to contemplate tho financial failure OF
the Government no bank would be any safer IL money
s loaned on individual notes bond and mortgage, 1t
will be payable in tho same currency as the Government
pays with and no better. The Government never has
failed to meet its engagements and the national debt
first mortgage upon the whole property OF the country
While other stocks uctuae from ten to fifty, or even
greater per cent Government stocks are always compare
lively FIRM Their value is fixed and reliable, beyond all
other securities for while thousand speculative bubbles
rise and burst as rule they below par and are
often above
ITs LIBERAL IyrERrsr-The general rate Of interest Ia
six per cent? payable annually. This is seven and three
tenths payable smi.aanualy. If you lend mortgage,
there must be searching of titles lawyers fees, stamp
duties and delays and you will finally have returned to
YOU only the kind of money you would receive from
you have trouble, Any bank banker will obtain 1t
you without charge To each note or bond are affixed
five coupons interest tickets due at the expiration Of
each successive halyear The holder Of motto has sip
y to cut of Of these coupons present it to the nearest
bank Government Agency and receive his INTEREST," the
note Itself need not be presented at ALL Or coupon thus
payable will everywhere be equivalent when due, TO
ney you wish to borrow ninety cents on the dollar
upon the notes you have the highest security In tho mar
ket to do it with Ifyou wish to SELL IT will bring within
fraction of cost and interest at any moment. 1t will DO
| very handy to have in the house.
I'll CONVERTIBLE into six per cent goldbearng bond.
At the expiration of three years holder of the notes of
the $50 Loan has the option of accepting payment in full
or ofundng his notes In six per cent godnterest bond
the principal payable in not less than ve nor than
twenty years from Its date as the Government may elect
These bonds are held at such premium as to make this
privilege now worth two three per cent per anuum and
adds so much to the interest Notes of the same class is
Cd three years ago, are now selling rate that fully
proves the correctness of this statement
ITs EXEMPTION FROM STATE OR MUNICIPAL TAXATION.
But aside from all the advantages we have enumerated
special Act of Congress erenpts all bonds and Treasury
notes from local TAXATION On the average this exemption
sworh about two per cent per snnum according to the
rate Of taxation in various parts of the country.
lisa NATIONAL SAVINGS BAyK-whi!e this loan pre-
sent' great advantages to large capitalists it offers special
inducements to those who wish to make safe and prota-
Die investment of small savings 1t is every way the best
savings Bank; for every institution of this kind must
somehow isvest Its deposits protably in order to pay in.
'efst and expenses They will invest largely in this loan
40 tue pest investment But from the gross interest which
ey receive they must deduct largely for the expenses of
no BANK Their usual rate Of interest allowed to deposi.
''fs per cent upon sums $780, The person who
invests directly with Government will receive almost 80
per cent more Thus the who deposits $1,000 in
private Savings Bank receives so dollars year interest
Il he deposits the same in this National Savings Bank
ne receives 10 dollars For those who wish to find SAFE
ana profitable means ofinvesng their surplus
earnings which they have reserved for their old ore or for
tho benefit of their children there is nothing which pre
sents so many advantages as this National Loan.
je-H