The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-22
subscriptions viii be received BY the Exchange Nation
al Bank of Norfolk, Virginia.
FACTS ABOUT THE 7-30's-THE AID.
VANTAGES THEY OFFER.

THnR ABSOLUTE srcuEry-Ncary all active credits are
now based Oh Government securities and banks hold Their
as the very best and strongest investment they make
II It were possible contemplate the financial failure Of
the Government no bank would be any safer Ii money
Is loaned on individual notes bond and mortgage II
will be payable in tho currency the Government
pays with, and NO better, Tho Government never hts
failed TO its engagements and the national debt is
first mortgage upon the whole property Of the counr
While other stocks huctuale to fifty even
greater per cent Government stocks always compare
lively firm Their value fixed and reliable beyond all
other secarities for while thousand speculative bubbles
rise and burst as rule they are never below par and are
often above
II. LIBERAL ISTFREsTrhe general rate Of interest
six per cent payable annually, This is and three
tsnths payable semianaly. If you lend on 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
the Government and less of IT. you invest in this loan
you have no trouble ANY bank banker will obtain it
for you without charge To each bond are affixed
Ave coupons" interest tickets due at the expiration Of
each successive hayear The holder of note has simp
y to cut of one of these coupons present to the nearest
bank or Government Agency and receive his interests the
note itself need be presented at all Or coupon thus
payable will everywhere be equivalent when due to mo-
ney, Ii you wish to borrow ninety cents the dollar
upon the notes. you have the highest security in the
4. .f.tf.
fraction Of and interest at any moment 1t will be
very handy to have in the house.
IT'S CONVERTIBLE into six per cent god-bearng bond
At the expiration of three years holder of the notes OF
the 100 Loan has the option of accepting payment in full
or funding his six per cent godnterest bond
the principal payable in not less than FIVE more than
twenty years from its date the Government may elect
These bonds are held at such premium to make this
privilege worth two three per cent per annum an
adds 80 much to tho interest Notes of the class is
sued three years ago, now selling at rate that fully
proves the correctness of this statement.
Irs EXEMPTION FROM STATE OR MUNICIPAL TAxAT1oN.--
But aside from all the advantages we have enumerated
special Act of Congress eremps all bonds and Treasury
notes from local TAXATION On the average this exemption
Is worth about per per annum according to the
rate of taxation in various parts Of the country.
ITIsA NATIONAL SAVINGS Baskerville this loan pre-
ssns great advantages to large capitalists it offers special
Inducements those who wish make safe and proa
BILE investment of small savings 1t every way the best
Savings Bank; for every institution of this kind must
somehow invest It's deposits probably in order to pay in
tersst and expenses They will invest largely in this loan
as the best investment But from the which
they receive they deduct largely for the expenses
the Bank Their usual of interest allowed to deposit
tors Is per cent upon over $780, The person who
invests directly with Government will receive almost so
per cent. more Thus the man who deposits $1,000 in
private Savings Bank receives SO dollars year interest
II he deposits the same in this National Savings Bank
he receives 70 dollars For those who wish to find safe,
convenient and profitable investing their surplus
earnings which they have reserved for their old age Tor
the benefit OF their children there nothing which pre-
sents many advantages as this National Loan.
je-21