The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-05
ABOUT THE 7-30's-THE AD-
VANTAGES THEY OFFER.


THriE ABSOLUTE SYSTEMATICALLY all active credits
now based on Government securities and banks hold them
the very best and strongest investment they can make
If possible to contemplate the financial failure Of
the Government no bank would be any safer. If money
is loaned individual notes bond and mortgage it
will be payable in the currency the Government
pays with, and better. The Government never has
failed to meet its engagements and the national debt
first mortgage upon the whole property of the country
While other stocks uctuate from ten to fifty or even
greater per cent? stocks always compare
lively firm. Their value is fixed and reliable, beyond all
other securties for whe thousand speculative bubbles
often above.
IT'S LIBERAL INTERIsrThe general rate of interest
six per cent? payable annually This is and three
tenhs payable semi-aaualy If you lend mortgage,
there must be searching of titles lawyers fees stamp
duties and delays and you will finally have returned to
you only the same kind of money you would receive from
the Government and less of it, Ifyou invest in this loan
you have trouble Any bank banker will obtain 1t
tOr you without CnHrBc each UT
i've coupons or interest Aets due at the expiration of
each successive hafyear The holder of note has simp
y off of these coupons present to the nearest
bank Government Agency and receive his INTEREST," the
note itself need not be presented at ALL Or coupon thus
payable will everywhere be equivalent when due, to
ney. If you wish to borrow ninety cents the dollar
anon tho notas Won bav the HIGHEST serurity in fbn mar
ket to do it with fyou wish to SELL it will bring within
fraction of cost and interest at any moment 1t will be
very handy to have in the house.
II CONVERTIBLE into six per cent goldbearing bond
the 7O Loan has tho option of accepting payment in full
funding his notes in six per cent goldnterest bond
the principal payable in not less than five than
twenty years from its date the Government may elect
privilege now worth three per cent per annum and
adds much to the interest Notes of the same class is
ed three years ago. selling at rate that fully
proves the correctness of this statement
ITS EXEMPTION PROM STATE OR MUNICIPAL TAXATION
But aside from all the advantages have enumerated
special Act of Congress erenpts all bonds avd Treasury
notes from local TAXATION On the average this exemption
worth about two per per annum according to the
rate of taxation in various parts of the country.
ITrsA NATIONAL SAVINGS DANK-While this loan pre-
ents great advantages to large capitalists offers special
inducements to those who wish to mako safe and proa
bic investment of small savings 1t every way the best
Savings Bank for every institution of this kind must
somehow invest its deposits protaby in order to pay in
erest and expenses They will invest largely in this loan
rs the best Investment But from the gross interest which
they receive they deduct largely for the expenses
the Bank Their usual rate Of interest allowed deposit
tors per cent upon $500. The person who
invests directly with Government will receive almost 90
per cent more. Thus the who deposits $1,000 in
private Savings Bank receives 90 dollars year interest
il he deposits the same In this National Savings Bank
he receives 10 dollars For those who wish to find SAFE
convenient and profitable oinvestng their surplus
earnings which they have reserved for their old or for
the benefit of their children there nothing which pre-
sents so many advantages as this National Loan.
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