The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-06-27
al Bank of Norfolk, Virginia.
FACTS ABOUT THE 7-3O's-THE AID
VANTAGES THEY OFFER.


THEIR ABSOLUTE sEcunrrv-Nearly all active credits
now based on Government securities and banks hold them
as the very best and strongest investment they make
If it possible to contemplate the financial failure of
Is loaned on individual notes or bond and mortgage it
will be payable in the currency the Government
pays with and better The Government has
failed to meet its engagements and the national debt
first mortgage upon the whole property Of the country
While other stocks uctuato from ten to fifty,
greater per cent Government stocks always compare
lively firm Their value is fixed and reliable beyond all
other securties for while thousand speculative bubbles
rise and burst rule they below par and are
often above
ITS LIBERAL ISrEREsrThc general rate of interest is
six per cent payable annually This is and three
tenths, payable semiannualy If you lend mortgage
there must BIO 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. Ifyou invest in this loan
you have no trouble. Any bank banker will obtain it
for You without charge To each note bond affixed
five coupons" interest tickets due at the expiration of
zach successive halfyear The holder of note has smp
to cut off of these coupons present it to the nearest
bank or Government Agency and receive his INTEREST," tho
note itself neod not DO presented at ALL Or coupon thus
payable will everywhere be equivalent when due, to
ney. If you wish to borrow ninety cents the dollar
upon the notes. you have the highest security In the
ket to do it with Ifyou wish to SELL it will bring within
fraction Of cost and interest any 1t will be
very handy to hays in the house.
IT IS CONVERTIBLE into six per cent gold-bearng bond
At the expiration of three years holder of the of
the 73O Loan has the option of accepting payment in full
of funding his notes in six por cent godnieres bond
twenty years from its date the Government may elect
These bonds are held such premium as to make this
privilege worth two three per per annum and
adds much to tho interest Notes of the same class is
cd three years ago. are now selling at rate that fully
proves the correctness of this statement.
ITs EXEMPTION FROM STATE OR MUNICIPAL TAXATION
But aside from all the advantages have enumerated
special Act of Congress srepts 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.-Whe this loan pre-
sents great advantages to large capitalists it offers special
inducements to those who wish to make safe and proa
BILE investment of small savings 1t is every way the best
Savings Bank for every institution of this kind must
somehow invest its deposits proftaby in order pay in
terest and expenses They will invest largely this oan
the best investment But from the gross interest which
they receive they must 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 so
per cent. more. Thus the who deposits $1,000 in
private sayings Bank receives so dollars year interest
II he deposits the in this National Savings Bank
he receives 70 dollars For those who wish to find safe
convenient and profitable investing their surplus
ears which they have for their old age or for
the benefit of their children there nothing which pre-
sents so many advantages this National Loan
je--H