The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-19
FACTS ABOUT TIL f 7-30's-THE ADJ
VANTAGES THEY OFFER.

THEIR ABSOLUTE SEcURITyNeary all active credits
now based on Government securities and banks hold them
the very best and strongest investment they make.
If possible TO contemplate the financial failure OF
the Government, bank would be any safer If money
is loaned individual notes bond and mortgage, il
will be payable in the same currency the Government
pays with, and better. The GoTcrnment has
failed to meet its engagements aud the national debt is
first mortgage upon The whole property of the country
While other stocks Auctuate from ten to fifty,
greater per cent Government stocks always compare
lively firm Their value is fixed and reliable beyond all
other securities for while thousand speculative bubbles
rise and burst they are never below par and are
often above.
ITs LIBERAL INTEREsT-The general rate Of interest is
six per cent, payable annually This and three
tenths, payable stmaanuauy. If you lend on mortgage
there must be searching of titles lawyers fees stamp
duties and delays and you will finally have returned
you only the kind of money you would receive from
the Government and less oft Hyou invest in this Loan
you have no trouble Any bank or tanker will obtain il
for you without charge To each note bond affixed
five coupons interest tickets, due at the expiration OF
each successive hayear The holder of note has simp
y to cut off of these coupons present to the nearest
bank Government Agency AMI receive his INTEREST," the
note itself need not be presented all Or coupon thus
payable will everywhere be equivalent when due, to
ney. If you wish to borrow ninety the dollar
upon the notes. You have the highest security the mar
,
fraction of and interest any moment 1t will be
very handy to have in the house.
IT CONVERTIBLE into six per cent godbearng bond
At the expiration of three years holder of tho notes Of
the 7SO Loan has the option of accepting payment full
funding his notes in por cent goldntercst bond
the principal payable in less than five nor more than
twenty years from its date the Government may elect
These bonds held at such premium as to make tb
privilege now worth two or three per per annu an
adds so much to the interest Notes the same class is
sued three years ago. selling at rate that fully
proves the correctness of this statement
Irs EXEMPTION FROM STATE OR MUNICIPAL TAXATION
But aside from all the advantages we have enumerated.
special Act of Congress erempts all bonds and Treasury
notes from local taxation. On the average this exemption
IS worth about two per cent per annum according to the
rate of taxation in various parts of the country
IT is NATIONAL SAVINGS BAsK--While this loan pre-
sents great advantages to large capitalists it offers special
inducements to those who wish to make safe and prota
bic investment of small savings 1t is every way the best
Savings Bank for every institution of this kind must
somehow invest its deposits proatably in order to nav
terest and expenses They viii invest largely in this loan
as the best investment But from the gross interest which
they receive they deduct largely for the expenses OF
the Bank. Their usual rate of interest allowed depos
tors is per upon over $500 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 80 dollars year ntrv
u he deposits the in this National Savings -,
be receives 70 dollars. For those who wish to fES
convenient, and profitable ofinvcsting u,
earnings which they have reserved for their .
the benefit of their children, there is pesp'
sents so many advantages rs this Natiep lug WINCH P''
je-N u 'o'u'