The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-06-22
SEVEN-THIRTY LOAN.

anu tnreetehths per cent interest," per anhn, known
as the
| ~ SEVEN-THIRTY LOAN.
These Notes are issued under date Of August 18TH 1861
and payable three years from that time in currency
or are convertible at the option of the holder into
UNITED STATES 500 SIX PER CENT GoLD-BEAR-
| ING BONDS
These bonds worth premium of nine per cent
including gold interest from November which makes the
actual profit the 73O ioan at current rates. Including
ton from State and municipal taration Which adds FROM
to three per cent more according to the rate levied
other property. The interest payable semnnually by
coupons attached to each note which may be cut off and
sold to any bank or banker
The interest amounts to
One cent per day ona $50 note
| Two cents 800 q"
Ten $500
| 20 $1,000
81 g" $4,000
Notes Of all the denominations named will be promptly
furnished upon receipt of subscriptions. Thisi5
THE ONLY LOAN IN MARKET
now offered BY the Government and it is confidently ex-
pected that its superior advantages will make it the
GREAT POPULAR LOAN OF THE
- PEOPLE.
Less than s2o0ooo0oO remain unsold which will proba-
bly, be disposed of within the sixty or ninety days
when the notes will undoubtedly command premium as
has uniformly been the On closing the subscriptions
| to other Loans.
In order that citizens of every town and section of the
country may be afforded facilities for taking the oan the
National Banks State Banks and Private Bankers through
out the country have generally agreed to receive subscrp
tons at par Subscribers will select their own agents. in
whom they have confidence and who only are to be
ponsble for the delivery OF the notes for which they re-
coivo orders. JAY COOKE,
| Subscription Agent Philadelphia.
Subscriptions will be received by the Exchange Nation.
al Bank of Norfolk, Virginia.
FACTS ABOUT THE 7-3O's-THE AD-
VANTAGES THEY OFFER.
TIER ABSOLUTE sEcuRirY-Neay all active credits are
now based Government securities and banks hold them
as the very best and strongest investment they eau make
II it were possible to contemplate the financial failure of
tho Government no bank would be any safer If money
is loaned on individual notes OF bond and mortgage it
will be payable in the currency as the Government
pays WITH and no better. The Government never has
failed to meet ts engagements and the national debt
rst mortgage upon the whole property of the country
While other stocks uctuate from ten to fifty or even
tivoy firm Their value Is xed and reliable beyond all
other securities for while thousand speculative bubbles
rise and burst ruo they never below par and are
often above.
Irs LIBERAL INrERHsyThe general rate of interest Is
six per cent? payable annually Til. is seven and three
tenths, payable sensianauaHy ii ond mortgage,
there must be searching of titles lawyers fees stamp
dutios and delays and you will finally have returned to
you only the same kind Of money you would receive from
the Government and less of It, fyou invest in this loan
you have no trouble Any bank banker will obtain it
for You without charge To each note or bond are affixed
=
vo coupons" Interest ce due at the expiration of
each successive haIfyear The holder of has smp
y to cut off of these coupons present it to the
bank Government Agency and receive his interest tho
motto itself need not be presented at ALL Or coupon thus
payable will everywhere bo equivalent when due to mo.
ney If you wish to borrow ninety cents on the dollar
upon the notes. you have the highest security in tho mar
ket to do with. you wish to SELL it will bring within
very handy to have in the house.
IT IS CONVERTIBLE into six per cent goldbearing bond
At the expiration of three years holder of the notes OF
the 7so Loan has the option of accepting payment in full
or funding bis notes in six per cent goinerest bond
the principal payable in not less than five nor more than
twenty years from its date the Government may elect
These bonds held at such premium make this
privilege now worth two three per per annum and
adds much to the interest Notes of the class
'ued three years ago. selling rate that fully
proves the correctness of this statement
Irs EXEMPTION FROM STATE OR MUNICIPAL T.xArox.--
But aside from all the advantages have enumerated
special Act Of Congress crepts 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 BANK-While this loan pro-
sents great advantages to large capitalists offers special
inducements " 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 it's deposits protably in order to pay
erest and expenses They will invest largely in this loan
tho best Investment But from the gross interest which
they receive they deduct largely for the expenses OF
the Bank. Their usual of interest allowed to deposit
tors is per cent upon $780, The person who
invests directly with Government will receive almost 90
per cent more. Thus the man who deposits $1,000 in
private Savings Bank receives so dollars year interest
ii he deposits the this National Savings Bank
he receives 70 dollars For those who wish to find safe
convenient and profitable means ofnvestng theirsupu,
earnings which they have reserved for their old age fol
the benefit of their children there is nothing which pre-
sents so many advantage as this National Loan
/ je-M
| 9 HERMAN BROTH ERS d CO.,
Nos. 10 aud IS,