The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-09-12
UNITED STATES 7-3O LOAN
TINTED STATES 1880 LOAN.

UNITED STATES 7-30 LOAN.
TINTED STATES 1880 LOAN.
Byauthority of the Secretary of Treasury the under
signed has assumed the General Subscription Agency for
the sale of United States Treasury Notes. bearing seven
and threetenths per cent interest, per annum known
the
SEVEN-THIRTY LOAN
These Notes issued under date of August l5th 1894
and are payable three years from that time in currency
or convertible at the option of the older into
UNITED STATES $40 SIX PER CENT. GoLp-BEAR.
ING BONDS.
These bonds worth premium Of nine Per cent
including gold interest from November which makes the
actual profit the $50 oan at current rates. including
interest," about ten per per annum besides its erep
ton from State and msnsicpal TAXATION sohch adds from
to three per cent more according to the rate levied on
other property The interest is payable semiunualy bv
attached to each note which may be cut of and
sold to any bank or banker.
/ The interest amounts to
One cent per day ona $50 note
Two cents F" 500 .
Ten $500
20 $1,000
$4,000 ="
Notes ola the denominations named will be promptly
furnished upon receipt of subscriptions This is
THE ONLY LOAN IN MARKET
offered by the Government and it is confidently
pected that its superior advantages will make it the
GREAT POPULAR LOAN OF THE
5rI PEOPLE.
Less than s2ooOooOOO remain unsold which will proba-
bly, be disposed of within the sixty or ninety days.
when the notes will undoubtedly command premium a.
has uniformly been the case closing the subscriptions
to other Loans.
In order that citizens Of every town and section of the
country may be afforded facilities for taking the oan the
National Banks State Banks and Private Bankers through
the country have generally agreed receive subscrp
tions par Subscribers will select their own agents. in
whom they have confidence, and who only to be
sponsble for the delivery the notes for which they re-
ceive orders. JAY COOKE
Subscription Agent, Philadelphia.
Subscriptions will be received by the Exchange Nation
Hl Bank of Norfolk, Virginia.
FACTS ABOUTTH 7-3O's-THE AD-
VANTAGES THEY OFFER.
THEIR ABSOLUTE sHouRIry.Neariy all active credits
now based on Government securities and banks hold them
the very best and strongest investment they make
it were possible to contemplate the financial failure of
The Government bank would be any safer If money
Is loaned individual notes bond and mortgage It
will be payable In the currency Us the Government
pays WITH and no better. The Government never has
fded to meet s engagements and the national debt is
rs mortgage upon the whole property of the country
While other stocks huetuate from ten to fifty, or even
greater per cent Government stocks always compare
lively rm Their value fixed and reliable beyond all
other securities; for while thousand speculative bubbles
rise and burst rule they are never below par and ARE
often above.
ITs LIBERAL ISrEREsrThe general rate of interest is
six per cent, payable annually. This is and three
tenths payable semannuauy If you lend on mortgage,
there must be searching Of titles lawyers fees stamp
duties and delays and you will finally have returned
YOU only the kind of money you would receive from
the Government and less of If you invest in this oan
for you without charge. To each note bond affixed
five coupons interest tickets due the expiration of
each successive hafyear The holder of note has smp
" to cut off Of these coupons present It to the
han orr anlra
note itself need not DO presented ALL Or coupon thus
payable will everywhere be equivalent when DUE to mo-
ney If you wish to borrow ninety cents the dollar
upon the notes you have the highest security In the mar
ket to do with Ifyou wish to SELL IT will bring within
Attraction of cost and interest at any moment 1t will BE-
very handy to have in the house.
IT CONVERTIBLE into six per cent goldbearin bond
At the expiration of three years holder of the notes Of
the 7O Loan has the option of accepting payment in full
OF offundng his notes in six per cent gontercst bond
the principal payable in not less than five than
twenty years from its date the Government may elect
These bonds are held at such premium make this
adds much to the interest Notes of the same class is
sued three years ago. 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 srempts all bonds and Treasury
notes from local taxation On the average this exemption
sworh about two per cent per snnum according to the
rate Of taxation in various parts of the country.
ITIsA NATIONAL SAVINGS BANK-while this loan pre-
sents great advantages to large capitalists offers special
Inducements to those who wish to make safe and proha
BILE investment Of small savings 1t every way the best
Savings Bank for every institution Of this kind
somehow invest its deposits proaby in order to pay in
teres and expenses They will invest largely in this loan
the best investment But from the gross interest which
they receive they must deduct largely for the expenses Of
the Bank Their usual rate Of interest allowed depos
tors is per cent upon $780, The person who
invests directly with Government will receive almost 60