The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-06-23
FACTS ABOUT THE 100 AD-
VANTAGES THEY OFFER.

THEIR ABSOLUTE SEcURITY-Nearly all active credits are
based on Government securities and banks hold them
the very best and strongest investment they can make
II it possible to contemplate the financial failure of
the Government no bank would be any safer If money
is loaned individual notes or bond and mortgage i,
pays with, and no better. The Government never has
failed to meet its engagements and the national debt is
rst mortgage upon the whole property of the country
While other stocks uctuate from ten to fifty or even
greater per cent Government stocks are always compare
lively firm Their value is fixed and reliable beyond all
other securities for while thousand speculative bubbles
rise and burst rule they are ever below par and are
often above.
It's LIBERAL lNFEHEsrFhe general rate Of interest is
six per cent, payable ANNUALLY. This and three
tenths payable semanna,lly If you lend On mortgage
ucs and delays, and you will finally have returned t.
only the Kind of money you would receive from
the Government and less Of it, II you invest in this loan
You have no trouble. Any bank banker will obtain il
for you without charge To each bond are aft
five coupons interest tickets due at the expiration
each successive halfyear The holder of has simp
y off of these coupons present to the nearest
bank Government Agency and his interest," the
note itself need not be presented at ALL Or coupon thus
payable will everywhere be equivalent when due mo.
ney If You wish to borrow ninety cents the dollar
|
ket to do with you wish to sell it will bring within
fraction of cost and interest at any moment II will be
very handy to have in tho house
IT CONVERTIBLE into six per cent collaborating bond
Al the expiration of three years holder of the notes
the 1880 Loan has tho option of accepting payment full
or of funding his notes in six per cent golnterSN bond
the principal payable in not less than five than
twenty years from its date the Government may elect
These bonds held at such premium make this
privilege worth two three per cent per annum and
adds so much to the interest Notes of the same Glass; is
sued three years ago, are selling rate that fully
proves the correctness Of this statement
IT'S EXEMPTION FROM STATE OR MUNICIPAL TAXATION
But aside from all the advantages we have enumerated
special Act of Congress erempts all bonds and Treasury
notes from local TAXATION On the average this exemption
is worth about two per cent per annun ding to the
rate of taxation in various parts of the country.
IT1s NATIONAL SAVINGS BANK-While this loan pre-
sent great advantages to large capitalists it offers special
inducements those who wish to make safe and prota
BILE investment of small savings II every way the best
Savings Bank; for every Institution of this kind must
somehow invest its deposits proftaby in order to pay
tcrest and expenses They will invest largely in this loan
as the best investment But from the gross interest which
they receive they deduct largely for the expenses
the Bank Their usual of interest allowed deposit
tors is per cent upon $500 The person who
invests directly with Government will receive almost 30
per cent more. Thus the man who deposits $1,000 in
private Savings Bank receives 80 dollars year interest
ii he deposits the in this National Savings Bank
he receives IS dollars For those who wish find safe
convenient and profitable ofnvestng their surplus
earnings which they have reserved their old age or for
the benefit of their children there nothing which pre-
sents s many advantages rs this National Loan
je-I