M'arthur Democrat. (McArthur, Vinton County, Ohio) 1853-1865, 1865-09-14
U. \. $50 Loan
7 II ! RID SERIES,
S23O,OOO,OOO.

By authority OF the Secretary of the Treas
ury, the undersigned the General Subscription
Agency for the sale OF United States Securities
offers to the public the third series of Treasury
Notes, bearing seven and three tenths pei
cent. intsxest. per annum known as the
SEVEN THIRTY LOAN.
These notes are issued under date Of July
18th, 1865, and are payable three years from
THAT date, in currency, or are convertible OF
he option of tho holder into
US. 500 Six per Cent.
GOLD-BEARlNG BONDS.
These bonds are now worth handsome
premium, and are exempt, as are the govern
ment Bands, from State County and Municipal
taxation, which adds from one TO three pc cent.
J per anum to their value, accc riding to the rate
levied on upon other property. The interest
is payable som-annual by coupons attached
to each note, which may be cot of and sold to
any bank or banker.
The Interest at l. 30 per cent amounts 10
Onecent per day on a $50 note.
Two conts on 800 note
Ten ona SIS
90 on &I0Oc note
81 on q SO
Notes'of all denominations named will be
promptly furnished upon receipt of subsorip-
ticns.
The Notes Of this Third Series are precisely
similar In form and privileges to the Seven.
Thirties already sold. except that the Govern.
ment reserves to itself the option Of paying in
ierest in gold coin at per cent. rstead of 7 g.
loths in currency. Subscribers will deduct the
interest in currcnco up to July 18th, at thel
time when they subscribe.
The delivery Of the notes Of this third series
OF the Seven-thirtes will commence on the lst
If,,a md Ayttn 4 unn1a
tinuously after that date.
The slight change made in the conditions of
this THIRD SERIES affects only the matter ofI
interest. The payment in gold, il made, will
be equivalent TO the currency interest Of tho
higher rate.
The return to specie payments In the event
Of which only will the option to pay interest in |
Gold be avaied Of, would so reduce and elualize
prices that purchases made with six per cent.
/ n gold woul be fully equal to those made with
seven and three-tenths per cent In currency
This is
TIE ONLY LOAN IN NARKETI
Now offered by the Government, and its super
ior advantages make it the
K
Less than o
by the Congress are now on the market. This
amount, at the rate atwhch 1t Is boing absorb
ed, Will be subscribed for within sixty.days,
when the notes will undoubtedly command !
premium, as has uniformly beenthe case on
closing the subscriptionst to other Loans.
In order that citizens of every town and Sec
tion of the country may bo afforded facilities
for taking the loan, the National Banks, State |
Banks, and Private Bankers throughout the
country have generally agreed to receive sub |
scriptions at par, Subscriber will select their
own agents, in whom they have confidence,
and who only are to be responsible for the de-
livery of the nott 3 for which they receive or
ders. JAY COOKE,
SUBSCRIPTION AsENT, Philadelphia.
SUBSCRIPTIONS WILL BIZ RECEIVED by the
First National Bank Of Chillicothe,
First National Bank Of Cincinnati.
First National Bank Of Athens, ~
First National Bsnk Of Portsmouth,
May 25th '65 SLIo.