The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-07-04
SEVEN-THIRTY LOAN,

ton from State and municipal taxation, chich adds from
one to three per cent more according to the rate levied
other property The interest is payable semiannualy by
coupons attached to each note 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" 500
Ten $500 ="
20 $1,000
81 $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
pected that its superior advantages will make it tho
GREAT POPULAR LOAN OF THE
PEOPLE.
Less than s2oOoooooO remain unsold which will proba-
bly, be disposed of within the next sixty ninety days.
when the notes will undoubtedly command premium
has uniformly been the case on 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 loan the
the country have generally agreed to receive subscrp
ions par Subscribers will select their agents. in
whom they have confidence and who only to be
ponsibe for the delivery of the notes for which they
ceve orders. JAY COOKE,
Subscription Agent, Philadelphia.
Subscriptions will be received by the Exchange Nation
al Bank of Norfolk, Virginia.
FACTS ABOUT THE -3O's-THE AID
VANTAGES THEY OFFER.
now based on Government securities and banks hold them
the very best and strongest investment they make
If possible to contemplate the financial failure of
tho Government no bank would be any safer. If money
is loaned individual notes bond and mortgage it
will be payable in the currency tho Government
pays with, and no better The Government never has
failed to meet its engagements and the national debt is
first mortgage upon the whole property of the country
While other stocks fuctuate from ten to fifty even
greater per cent Government stocks always compare
lively firm. Their value is fixed and reliable beyond all
rise and burst rule they below par and
often above. .i
IT'S LIBERAL ISrEREsrThe general rate of interest Is
six per cent payable annually. This is and three
there must 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 it
for you without charge To each note or bond affixed
five coupons interest tickets due at the expiration of
each successive hafyear The holder Of note has smp
cut off of these coupons present to the nearest
bank Government Agency and receive his interest," the
note itself need not DO presented at ALL Or coupon thus
payable will everywhere DO equivalent when duo to mo
ncy If you wish to borrow ninety cents the dollar
upon the notes. you have the highest security in the mar
kot to do II with you wish to SELL 1t will bring within
fraction of cost and interest any moment 1t will be
very handy to have in the house.
1t CoyvERTIBLE into six per cent godbearng bond.
At the expiration of three years holder of the notes Of
the o Loan has the option of accepting payment in full
offundnis notes in six per cent gold-nerest bond
the principal payable in not less than ve 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 TAXATION
But aside from all the advantages have enumerated
special Act of Congress erempts all bonds and Tr,asrv
notes from local taxation On the average this exemptop
worth about two per cent per annu according n, tbs
rate Of taxation in various parts of the country.
IrrA NATIONAL SAVINGS BASK--while this loan nre-
sents great advantages to large capitalists offers special
inducements to those who wish to make safe and prota
Bile 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
tcrest 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 to deposit
tors is 5pcr cent upon $780, The person who
invests directly with Government will receive almost so
per cent. Thus the who deposits $1,000 In
private Savings Bank receives SO dollars year interest
if he deposits the in this National Savings Bank
4.
convenient and profitable Ofinvetng their surplus
earnings which they have reserved for their old age or for
the benefit of their children there nothing which pre-
scnts 90 many advantages as this National Loan.
je-2 alis7 t.ess,ig7g i t...,r,.