The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-11
UNITED STATES 7.sO LOAN.
limited STATES 7-3O LOAN

ON1 LII SA~e>~ Wv ~~S~>~'s
limited STATES 7-3O LOAN.
BY authority of the Secretary Treasury the under
signed has assumed the General Subscription Agency for
the sale of United States Treasury Notes. bearing
and three-tcnths per cent interest, per annum known
| as The
SEVEN-THIRTY LOAN.
These Notes are issued under date of August 18TH 1884,
and are payable three years from that time in currency
or are convertible at the option of the holder into
UNITED STATES 500 SIX PER CENT. GOLD-BEAR
| ING BONDS ...
These bonds are now worth premium of nine per cent
including gold interest from November which makes the
actual profit on the 73O loan at current rates including
interest about ten per per annum besides Its srep
one to three per cent more according the rate levied
other property The interest is payable semannuay by
coupons attached to eaclsnote which may be cut off and
sold to any bank or banker.
The interest amounts to
One cent per day ona $50 note
Two cents =" 4" 500
Ten $500
20 $1,000
81 a" $4,000
Notes of all the denominations named will be promptly
furnished upon receipt of subscriptions This is '
THE ONLY LOAN IN MARKET
now offered by the Government and it is confidently ex
pected that its superior advantages will make it the
GREAT POPULAR LOAN OF THE
PEOPLE.
Less than 100000 600 remain unsod which will proba-
bly, he disposed of within the next sixty ninety days,
when the notes will undoubtedly command premium, as
has uniformly been the closing the subscriptions
TO other Loans.
In order that citizens of every and section of the
country may be afforded facilities for taking the loan, the
National Banks State Banks and Private Bankers through
the country have generally agreed to receive subscrp
tons par Subscribers will select their own agents. in
whom they have confidence and who only to be re
ponsbe for the delivery of the notes for which they re-
celve orders. JAY COOKE,
Subscription Agent, Philadelphia
Subscriptions will be received by the Exchange Nation
al Bank of Norfolk, Virginia. ~
FACTS ABOUTTH 7-3O's-THE AD-
VANTAGES THEY OFFER.
THEIR ABSOLUTE sEcuRiryNearly all active credits are
based Government securities and banks hold them
the very best and strongest investment they eau make
II it possible to contemplate the financial failure Of
the Government no bank would be any safer If money
is loaned on individual notes bond and mortgage it
will be payable in the currency the Government
pays with, and no 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 huctuate from ten to fifty
greater per cent? Government stocks always compare
lively firm Their value is fixed and reliable, beyond all
other securies for while thousand speculative bubbles
often above.
ITs LIBERAL INrEREsr-The general rate Of interest is
six per cent? payable annually This is and three
enths payable ssmtannualy If you lend on mortgage
there be 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, Iyou invest in this loan
you have trouble Any bank banker will obtain ii
for You without charge To each note or bond affixed
five coupons interest tickets due at tho expiration Of
each successive hafyear The holder of has smp
" to cut off of those coupons present it to the nearest
bank Government Agency and receive his interest; the
note itself need not be presented ALL Or coupon thus
payable will everywhere be equivalent when due to mo-
uey Ii You wish to borrow ninety cents the dollar
upon the notes. you have the highest security the
et to do it with Ifyou wish to SELL it will bring within
very handy to have in the house.
II IS Convertible into six per cent goldbearng bond
At the expiration of three years holder of the notes of
the 100 Loan has the option of accepting payment in full
funding lis notes in six per cent godinteres bond
the principal payable in less than five than
twenty years from its date the Government may elect
These bonds held at such premium to make this
privilege worth two three per cent per annum and
adds much to the interest Notes of the class Is
ed three years ago, selling at rate that fully
proves the correctness Of this statement.
Irs EXEMPTION FROM STATE OR MUNICIPAL TAxArIoN.-
But aside from all the advantages have enumerated
special Act of Congress eremps all bonds and Treasury
notes from local taxation On the average this exemption
worth about two per cent per annum according the
rate of taxation in various parts of the country.
ITH& NATIONAL SAVINGS BANK-While this loan pre-
sents great advantages to large capitalists it offers special
inducements to those who wish to make safe and prota
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 to pay
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
the Bank Their usual rate Of interest allowed to deposit
to 1, per cent upon sums over $500 The nerson who