The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-09-07
FACTS ABOUTTHE 7-3O's-THE AID
VANTAGES THEY OFFER.

VANTAGES THEY OFFER.
THEIR ABSOLUTE -sEcuRIrr-Neari all active credits art
now based on Government securities, and banks hold then
as the very best and strongest investment they can make
IL II wore possible to contemplate tho financial failure O
the Government, no bank would he any safer. If money
ia loaned on individual notes or bond and mortgage, il
will be payable in the same currency as the Government
pays with, and no better. The Government never has
failed to meet its engagements, and the national debt is q
first mortgage upon the whole property of the country
While other stocks nuctuate from ton to fifty, or even a
greater per cent, Government stocks are always compara
lively firm. Their value is fixed and reliable, beyond all
other securities; for while a thousand speculative bubbles
rise and burst, as a rule they are never below par, and are
ITS LIBERAL INrERFsr--The general rate of interest Is
six per cant. payable annually. This Ia seven and three.
tenths, payable semiannuaily. II you lend on mortgage,
there must be q searching of titles, lawyers fees, stamp
duties and delays, and you will finally have returned to
you only We same kind Of money You would receive from
the Government, and less Of it. Ifyou invest in this loan,
you have no trouble. Any bank or banker will obtain it
for You without charge. To each note or bond are affixed
five Coupons or interest tickets, due at the expiration Of
each successive half The holder of a note has simp-
iy to cut of one of these coupons, present 1t to the nearest
bank or Government Agency, andFoccive his interest; the
note itself need not be presented at oil. Of a coupon thus
payable will everywhere be equivalent, when duo, to mo
noy. If you wish to borrow ninety cents on the dollar
upon the notes, you have the highest security in the mar.
ket % do it with. If you wish to sell, it will bring within
J friction Of cost and interest at any moment. It will be |
very handy to have in tho house.
1T IS CONVERTIBLE into six per cent. gold-bssrins bond. |
At tho expiration of three years a holder of the notes of
he 40 Boan has the option of accepting payment in full
~offunding his notes in q six per cent. goldiuterest bond
'ho principal payable in not less than five, nor moro than
wenty years from its date, as the Government may elect
These bonds are held at such a premium as to make this
rivilege now worth two or three Der cent, per apnum ora
dds 20 much to the interest, Notes Of tho Same class. ia.
ned three years ago, are now selling at O rate that fully
roves the correctness Of this statement.
ITS EXEMPTION FROM STATE OR MUNICIPAL TAxArroS-
"h ~ ~usautABes We nave enumerated, a
'ecial Act Of Congress ezempts all bonds and Treasury
from local taxation On the average, this exemption
worth about two per cent. per annuu, according to tho
to Of taxation in various parts of the country.
At Is A NATIONAL SAVINGS BANK.-while this loan pre- 2
nts great advantages to largo capitalists, It offers special q
ducements to those who wish to mako a safe and nrosto.
0 investment of small savings. 1t Is every way the best n
wings Bank; for every institution of this kind mus Il
invest its deposits probably in order to pay in.
ost and expenses. They will invest largely in this loan.
tho best investment. But from tho gross interest which do
receive, they must deduct largely for the expenses of "
Bank. Their usual rate Of interest allowed to depcsi :
is 8 pcr cent. upon sums ovor $500. The person who
ests directly with Government will receive almost 60
cont more. Thus the man who deposits $1,000 in a n
nto Savings Bank receives 60 dollars a year interest, Q
e deposits the same sum in this National sav,no,, po,h "
eceives 70 dollars. For those who wish to fnd a ,oss
'enient, and profitable means Of Investing their surplus
fngs which they have reserved for their old age or for
peneht OF their children, there is nothing which pre-
8 SO many advantages as this National Loan.