St. Cloud Democrat. [volume] (Saint Cloud, Stearns County, Minn.) 1858-1866, 1865-06-08
g. S. 80 LOAN.

q. S. 80 LOAN,
THIRD SERIES,
$3.50, $|':'';'|'l 900, 600.
BY authority: of the Secretary of. the
Treasury, the undersigned, the General
Subscription Agent for the sale Of United
States Securities, offers to the public the
third series of Treasury Notes, bearing sew
en- and three-tenths per cent. per annum,
known as the .s, +: tzez
.a:7-3O 10 A M.
These notes are issued under date Of July
Is, 1865, and are payable three years from
that date in currency, or are convertible at
the option If the holder into f. -.
.. s. $50 Six per cent. 4s:sz
GOLD BEARING BONDS.
These bonds are now worth q handsome
premium, and ere. exempt, as are all the
Government Bonds, from State, County and
Municipal taxation, vhich adds from one to
three per cent. to their value, according to the
rate levied upon other property. The in
terest is payable semi-annually by coupons
attached to each note, which may be cut off;
and sold to any bank or banker. :.
1 The interest at 7 80 per cent amounts to
One cent per day on = $50 note.
= Two cents per day ON = 500 note.
Ten cents per day ON = $500 note.
Twenty cents per day onN $1,000 note
One dollar per day ON = $1,000 note.
Z Notes Of al the denominations named
will be promptly furnished upon receipt of
subscriptions. s,..#ss, sGs.z#ss Ira.
= The Notes of this Third Series are pre-
eisely similar in form and privileges to the
Seven Thirties already sold, except that
the Government reserves to itself the option
Of paying interest in gold coin at 6 per
cent, instead Of Z 8. 1uths in currency:
Subscribers will deduct the interest in cur
rency up to. July 10th, at the time when
they subscribe. ma
The delivery Of the notes of this third
series of the Seven-thirties will commence
on the lst Of June, and will be made prompt
ly aud continuously after that date. :
The slight change made in the conditions
Of this THIRD SERIES affects only the
if made, will be equivalent to the currency
interest of the higher rate.
The return to specie payments, in the
the event Of which only will the option TO
ray interest in gold be availed Of, would so
reduce and equalize prices that purchases
made with six per cent in gold would be
fully equal to those made with seven and
three teuths per cent. in currency. This js
The Only Loan in Market
Now offered by the Government, and its SUI
perior advantages make it the + 49, 49,.
Great Popular Loan Of the People.
Less than $3.50, ,ooo, 900 Of the Loan au-
thorized by the last Congress are now on
the market. This amount, at the rate at
which it is being absorbed, will al be sub
scribed for within sixty days, when the
notes will undoubtedly command a prcmi-
um, as has uniformly been the case on clos
ing the subscriptions to other Loans.
In order that citizens Of every town and
section Of the country may be afforded ia
cilities for taking the loan, the Nation
al Banks, State Banks, and Private
Bankers throughout the country have
generally agreed to receive subscriptions
1T par. Subscribers viii select their own
agents, in whom they have confidence, and
who only are to be responsible for the de-
livery Of the notes for which they receive
orders.
-. JAY COOKE,
Subscription Agent, Philadelphia.
May 10, 1865: =, :. -.
Subscriptions will be received by ).
T. c. McCLURE's BANK, ST. CLOUD,
~ - and the different j
NATIONAL BANKS OF MINNESOTA.
St. Cloud and Sauk River /
L IN D "A GEN CY !.
H.. G. WATT
General Land Agent,
ATST! CLOUD, HMM, ~
0noe next door to the United States Land Office
lNVES particular attention to the selec-
III ton and location Of Lands for non-res-
idents, SC. All business entrusted to bis
are promptly attended to. vsnl5
- A. G. GARDNER, = .>..>