The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-24
FACTS ABOUT E7-30's-THEA D-
VANTAGES THEY OFFER.

VANIAGES THEY OFFER.
THEIR ABSOLUTE sEogrY-NearIy all active credits
now based Government securities and banks hold Their
the very best strongest investment they can make
II 1t possible to contemplate the financial failure
the Government, bank would be any safer If money
is loaned individual notes or bond and MORTGAGE il
will be payable in the currency the Government
failed to meet its engagements and the national debt
first mortgage upon the whole property of the country
While other stocks ucuato from ten to fifty or even
greater per cent? Government stocks always compare
lively firm. Their value is fixed and reliable beyond all
ether securities for while thousand speculative bubbles
rise and burst rule they never below par and are
often above. -
IT'S LIBERAL INTEREsTThe general rate of interest
six per cent payable annually This seven and three
tenths, payable semi-aanuaty 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 of it, If you invest in this Loan
you have trouble. Any bank banker will Obtain it
for you without Charge. To each bond affixed
five coupons interest tickets, due at the expiration of
each successive hallyear The holder of note has smp
y to cut these coupons present the nearest
bank Government Agency, and receive his interest," the
itself need not be presented at ALL Or coupon thus
payable will everywhere be equivalent when due TO
ney. fyou wish to borrow ninety cents the dollar
ket to do IT with Ifyou wish to SELL it will bring within
fraction of cost and interest AT any moment II will be
very handy to have in the house.
IT CONVERTIBLE into six per cent goldbearing bond
the 1880 Loan has the option of accepting payment in full
of funding his notes in six per cent godnerest bond
the principal payable in not less than five than
twenty years from its date, the Government may elect
These bonds held sucifa premium as to make this
privilege worth two three per cent per annum
adds much to the interest Notes of the class is
sued three years ago selling a rate that fully
proves the correctness of this statement.
IT'S EXEMPTION FROM STATE OR MUNICIPAL TAXATION
But aside from all the advantages have enumerated
special Act of Congress eremps all bonds and Treasury
notes from local taauoH On the average this exemption
is worth about two per cent per au according the
rate of taxation in various parts of the country.
IRIS NATIONAL SAVINGS BANK.-While this loan pre-
sents great advantages 10 large capitalists offers special
inducements to those who wish to make safe and prota
Die investment of small savings 1t every way tho best
Savings Bank; for every institution of this kind must
somehow invest its deposits probably in order to nav in
terest and expenses They will invest in this loan
as the best investment But from the gross interest which
they receive they must deduct largely for the expenses OF
the Bank, Their usual raof interest allowed deposi-
tors is per cent upon $500 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 30 dollars year interest
if he deposits the in this National Savings Bank
he receives IS dollars. For those who wish to find safe
convenient, and profitable means ofnvcsug hersurplus
earnings which they have reserved for their old age or for
the benefit of their children there is nothing which pre-
SCENTS so many advantages this National Loan