The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-06-29
UNITED STATES 7.3O LOAN.
NITED STATES 7-30 LOAN

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TINTED STATES 7-30 LOAN
By authority of the Secretary of Treasury the under
signed has assumed the General Subscription Agency or
the sale of United States Treasury Notes. bearing seven
md threetenths per cent interest," per annum, known
as the
SEVEN-THIRTY LOAN.
These Notes issued under date Of August 18TH 1854
and are payable three years from that time in currency
convertible at the option of the holder into
UNITED STATES $50 SIX PER CENT. aoLD-BEAR
ING BONDS.
These bonds worth premium of nine Fer cent
including gold interest from November which makes the
actual profit the 730 loan at current rates. including
interest about ten per cent psr annum besides its ezs
ton from State and municipal taxation ahich adds from
one to three per cent more according to the rate levied
other property The interest ia payable semannuay by
coupons attached to each note which may be cut of and
sold to any bank or banker.
The interest amounts to
One cent per day ona $50 note
Two cent" 800
Ten $500
20 :" 80" $1,000
81 $4,000
Notes fall the denominations named viii be promptly
furnished upon receipt Of subscriptions This Is
THE ONLY LOAN IN MARKET
offered by the Government and it is confidently ex
psctsd that Its superior advantages will make the
GREAT POPULAR LOAN OF THE
PEOPLE.
Less than $500 remain unsold which will proba-
bly, be disposed Of within the next sixty or ninety days.
when the notes will undoubtedly command premium
has uniformly been the case 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 loan the
National Banks State Banks and Private Bankers through
out the country have generally agreed to receive subscrp
tons par Subscribers will select their own agents in
whom they have confidence and who only ore to be
sponsbe for the delivery Of the notes for which they re-
ceve orders JAY COOKE,
Subscription Agent, Philadelphia.
Subscriptions will DO received by the Exchange Nation
al Bank of Norfolk, Virginia.
FACTS ABOUT THE 7-3O's-THE AD-
VANTAGES THEY OFFER.
THEIR ABSOLUTE SECURITY all active credits are
based Government securities and banks hold them
the very best and strongest investment they make
If It possible to contemplate the financial failure of
the Government no bank would be any safer If money
is loaned individual notes 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 ductuate from ten to fifty or even
greater per cen Government stocks always compare
lively firm. Their valuo Is fixed and reliable beyond all
other securties for while thousand speculative bubbles
rise and burst rule they are never below par and are
often above.
IT'S LIBERAL INTEREsrThe general rate Of interest Is
slx per cent? payable annually. This and three
teutus, puyuUic you VI moItehBe,
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. Iyou invest in this loan
you have trouble. Any bank banker will obtain 1t
for you without charge To each note bond affixed
five coupons interest tickets due at the expiration of
y to cut off of these coupons present 1t to the
bank Government Agency and receive his INTEREST," the
note itself need not be presented at ALL Or coupon thus
payable will everywhere be equivalent when due to
ney II you wish to borrow ninety cents the dollar
upon the notes. you have the highest security in the
et to do 1t with. Hyou wish to SELL It will bring within
fraction Of cost and interest at auy moment It will be
very handy to have in the house.
IT CONVERTIBLE into six per cent goldbearing bond
the expiration Of three years holder of the notes OF
The 30 Loan has the option Of accepting payment in full
ofundng his notes in six per cent godnercst bond
he principal payable in not less than five than
wenty years from Its date the Government may elect
These bonds are held at such premium to make this
privilege now worth two Or three per cent per anuum and
dds much to the interest Notes of the Glass;
ed three years ago, selling rate that fully
'roves the correctness Of this statement. |
IT'S EXEMPTION FROM STATE on MUNICIPAL TAXATION |
But aside from all the advantages we have enumerated
pecia Act of Congress ezempts all bonds and Treasury
notes from local taxation On the average this exemption
worth about two per cent per snnum according the
rate Of taxation in various parts of the country.
ITTA NATIONAL SAVINGS Baskerville this loan pre-. |
'ents great advantages to large capitalists 1t offers special
to those who wish to make safo 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 proaby in order to pay In
erest and expenses They will invest largely in this loan
the best investment But from the gross interest which
hey receive they must deduct largely for the expenses Of
he Bank Their usual rate Of interest allowed to deposit