The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-20
FACTS ABOUT THE 7-30's-THE AD-
VANTAGES THEY OFFER.

VANTAGES THEY OFFER.
THEIR ABSOLUTE sEcuRrY-Nearly all active credits
now based on Government securities and banks hold them
the very best and strongest investment they
If 1t possible to contemplate the financial failure of
tho Government bank would be any safer. II money
is loaned on individual or bond and mortgage it
will be payable in the currency the Government
. pays with, and no better. The Geernmcnt never has
failed to meet its engagements and the national debt is
first mortgage upon the whole property of the country
While other stocks lucatc from ten to fifty or even
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 rule they below par and are
often above
Irs LIBERAL INTEREsrThe general rate of interest is
six per cent payable annually This is and three
tenths payable smiamauay. If You lend Oh 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. Ifyou invest in this oan
you have trouble, ANY bank banker Will obtain
for you wthouscharge. 10 each note bont affixed
five coupons interest tickets due at the expiration of
each successive hafyear The holder of tie has smp
y to cut off one of these coupons present it to the nearest
bank Government Agency and receive his in eres the
note itself need not be presenter at ALL Or upon thus
payable will everywhere DO equivalent when due, to
ney If you wish to borrow ninety cents on the dollar
upon the notes. you haze the highest security in the mar
ket to do it with lfyou wish SELL it will bring within
fraction Of cost and interest at any moment 1t viii be
very handy to b ave in the house.
II CoNvg srBIE into a six per cent goldbearng bond
AT the exp ration of three holder of the notes of
the 7so has the option of accepting payment in full
ndng his notes in six per cent godnterest bond
the principal payable in not less than five, than
twenty from its date the Government may elect
These bonds held such premium as to make this
privilege now worth two or three per per annum
adds much to the interest Notes of the same class Is
sued three years ago, selling that fully
proves the correctness of this statement
ITs EXEMPTION FROM STATE OR MUNICIPAL TAXATION
But aside from all the advantages have enumerated
special Act of Congress erempts all bonds and Treasury
notes from local taxation On the average this exemption
ia worth about per cent per annum according to the
rate of taxation in various parts of the country.
IrIsA NATIONAL SAVINGS BANK--Wbile this loan pre-
sens great advantages to large capitalists offers special
inducements to those who wish to maxi safe and proa-
BILE investment of small savings 1t every way the best
Savings Bank; for every institution of this kind must
somehow invest its deposits protably in order to nav
terest and expenses They will invest largely in this loan
as the best investment But from the gross which
they receive they must deduct largely for the expenses
the Bank Their usual rate of interest allowed to deposit
tors per cent upon $780, The person who
invests directly with Government will receive almost so
per cent. more. Thus the who deposits $1,000 in
private Savings Bank receives 80 dollars year interest
If he deposits the in this National Savings Bank
he receives 70 dollars. For those who wish to find safe
convenient and profitable of investing theirsupus
earnings which they have reserved FOR their old age
the benefit of their children there nothing which pre-
sents so many advantages this National Loan
je-H