The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-08
FACTS ABOUTTHE 7-3O's-THE AD-
VANTAGES THEY OFFER.

THEIR ABSOLUTE sEcuRTy-Nearly all active credits are
now based on Government securities and banks hold them
as the very best and strongest investment they make
If were possible TO contemplate the financial failure Of
the Government no bank would be any safer II money
is loaned on individual notes or bond and mortgage, it
will be payable in the currency the Government
pays with, and no better. The Government never has
failed to meet its engagements and the national debt is
first mortgage upon the whole property of the country
While other stocks uctuate from ten to fifty
greater per CENT Government stocks are always compare
lively firm Their value is fixed and reliable beyond all
other securities for while housand speculative bubbles
rise and burst rule they below par and
often above
Irs LIBERAL INTEREsrThe general rate of interest is
six per cent, payable annually This and three
tenhs payable semi-dnmnaiiy. If you lend mortgage
there must be searching of titles lawyers fees stamp
duties and delays and you will finally have returned to
the Government and less oft Ifyou invest in this loan
you have no trouble. Any bank or banker will obtain 1t
for you without charge To each note bond affixed
five coupons interest tickets due at the expiration of
each successive halfyear Tho holder of note has smp
y of of these coupons present to the nearest
bank Government Agency and receive his interests the
note itself need not be presented at ALL Or coupon thus
payable will everywhere be equivalent when due, to mo-
ney If you wish to borrow ninety cents the dollar
upon the notes. you have the highest security in the
ket do it with Ifyou wish to SELL it will bring within
fraction of cost and interest at any moment 1t will be
very handy to have In the house.
IT'S CONVERTIBLE into six per cent goldbsarng bond
At the expiration of three years holder of the notes of
the 3O Loan has the option Of accepting payment In full
or ofndng his notes in six per goldnterest bond
the principal payable in less than five than
twenty years from its date the Government may elect
These bonds held at such premium to make this
privilege now worth three per cent per anuum and
ed three years ago selling rate that fully
proves the correctness of this statement.
Irs EXEMPTION FROM STATE OR MuSrcIPAL TAxAuoN.--
But aside from all the advantages have enumerated
special ACT Oh congress efepsS oH O0'Qs ana treasury
notes from local taration On the average this exemption
ID worth about two per cent per annum according the
rate of taxation in various parts Of the country.
IrsA NATIONAL SAVINGS BANK.-Whils this loan pre-
sents great advantages large capitalists it offers special
inducements those who wish to mako safe and prota
BILE investment of small savings 1t every way the best
Savings Bank for every institution of this kind must
somehow invest its deposits proftably in order to pay in
and expenses They will invest largely in this oan
as the best But from the gross interest which
they receive they must deduct largely for the expenses of
the Bank Their usual rate Of interest allowed to deposit
tors per cent upon $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 interest
if he deposits the same sum this National Savings Bank
be receives 70 dollars For those who wish to find SAFE
convenient and profitable ofnvestng their surplus
earnings which they have reserved for their old age for
the benefit Of their children there nothing which pre-
sents so many advantages as this National Loan.
je-H