The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1865-02-23
Facts About the 7.sOs---The Ad.
vantages they Offer.

Facts About the Z .3Os---The Ad.
vantages they Offer.
THEIR ABSOLUTE SEcURrrY. Nearly all
active credits are nov based on Governmen
securities, and banks hold them as the very
best and strongest Investment they can
make. Ifit were possible to contemplate
the financial failure Of the Go vernment, nc
bank would be any safer. II money i
loaned on individual notes or bond and
mortgage. It viii be payable in the same
currency as the Government pays with. anf
no better. The Government never has failed
to meet its engagements, and the national
Debts first mortgage upon the whole
property Of the country. While other
stocks fluctuate from ten to fifty, or even a
greater per cent. Government stocks are al.
ways comparatively firm. Their. value i
fixed and reliable, beyond all cthcr securi.
ties; for while thousand speculative bpb.
bles rise and burst, as rule they are neve
below par, and are often above.
Irs sIhBERAL INTEREST general rate
Of interest IS six per cent. pay able annually
This is seven and three.tenths, payable semi
annually. Ifyou lend on mortgage, there
must be searching of titles. tswyers'. fees,
stamp duties and delays, and you will final-
y have returned to you only the same kind
of money you would receive from the Gov
(. F..
ernment, and less oEit H,you invest in
this loan, you have no trouble. Any bank
or banker will obtain it for you without
charge. To each note or bond are affixed
five coupons" or interest tickets, du. a.
the expiration Of each successive half.ye
The holder, Of a note has simply to cut off
one Of these coupons, present it to the near
est bank or Government Agency, and .e-
ceiye his interest; the note itself need not
be presented at all. o. coupon thus pay
able will everywhere be equivalent. when
due, to money. If you wish to borrow nine
" cents on the dollar upon the notes. you
have the highest security in the market 20
do, it with If you wish to sell, it will
bring within fraction Of fc,st and interest
at any moment. 1t will be very handy to
have in the house. =, aa
1t is CONVERTIBLE into six per cent.
gold bearing bond. A. the expiration of
three years a holder of the notes of the Z 80
Loan has the option Of accepting payment
in full or Of funding hls notes IN six per
cent. gold-interest bond, the principal pay
able in not less than Ave, nor more than
twenty years from its date, as the Govern
ment may elect. These bonds are held st
such premium as to make this privilege
now worth two or three psr cent. per an
nIm, and adds so mnch to the interest 80
Notes of the same class, issued three years
ago, are'now selling at rate that fully
nrnves the oerrentncss Of this stafe,ner,t !.
Irs EXEMPTION FRo, STATE OR MUSrcrpAL
TAXATION. But aside from all the advan.
tages we have enumerated. special Act Of
Congress exempts all bonds and Treasury
notes from loca. taxation. On the average
this exemption is worth about two per cent.
per annuin, according to the rate Of taxa:
ton in various parts of the country.
1t Us A NATIONAL SAVINGS BANK.-While
this loan presents great advantages to large
capitalists, it offers special inducements s to
those who wish to make a safe and profita
BILE investment of small savings. 1t is in
every way the best Savings Bank; for every
institution ofthls kind must somehow invest
its deposits profitably in ord,r to pay inter.
ests and expenses. They will invest large
ly in this loan, as the best Investment
But from the gross interest which they re-
ceive, they mus. deduct largely for the eS-
pense Of the Bank. Their usual rate Of in.
terest allowed to depositors is 5 per cent.
upon sums over $500. The person who in-
vests directly with Government will receive
almost so per cent more. Thus the man
who deposits $1,000 in private Savings
Bank receives $50 year interests; if he
deposits the same in this National Savings
Bank he receives 73 dollars For those who
wish to find safe, convenient and ,profita-
BILE means Of investing the surplus earnings
which they have reserved for their old age
or for the benefit Of their children, there is
nothing which presents so many advanta-
ges as this National Loan. !.
q TIE HrGHEsr MortvE-The war is cyl.
DENLY drawing to close, but while, it lasts
the Treasury must have money to meet its
cost and every motive that patriotism can
inspire should induce the people to supply
its wants without delay. The Government
can buy cheaper for cash ia hand than on
credit. Let Us see that its wants are
promptly and literally satisfied.
Compound Interest TreaSury
Notes Small Loans to the Gov.
nspvn