The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-10-30
FACTS ABOUTTH 7-30's-THE AD-
VANTAGES THEY OFFER.

THEIR ABSOLUTE SECURITY-Nearly all active credits are
based Government securities and banks hold them
as the best and strongest they make
ii it possible 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 as the Government
pays with, and no better. The Government never has
tiled 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, or even
greater per cent Government stocks always compare
lively firm. Their value is fixed and reliable, beyond all
other securties for while thousand speculative bubbles
rise and burst as rule they are never below par and
Irs LIBERAL IsrnEsrThe 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 same Kind Of you would receive from
the Government and less of it, you invest in this loan
you have trouble. Any bank or banker will obtain II
for you without charge To each note bond are affixed
five coupons interest tickets due the expiration of
each successive hafyea The holder Of note has simpt
Nv to cut these coupons present the
bank or Government Agency and receive his interest," the
note itself need not be presented at ALL Or coupon thus
payae will overywhere be equivalent when due to mo-
new If you wish to borrow ninety cents the dollar
upon the notes. have the highest security in the
ket to do it with If you wish TO sell it will bring within
roctAn of cost and interest at any moment II will be
very handy to have in the house ~ Il ts.t,d 80
IT rs CONVERTIBLE into six per cent collaborating bond.
At the expiration Of three years holder of the of
the $50 Loan the option Of accepting payment in fn
or Of funding his notes in six per cent godn.erest bond
the principa payable in not less than ve than
twent, Years from its date the Government may elect
These bonds are held Mt such premium as TO make this
privilege worth two three per cent per anum, and
adds so much the interest Notes Of the same class is
sued three years ago. selling at rate that fully
proyes the correctness of this statement.
ITS EXEMPTION FROM STATE OR MUNICIPAL TAXATION
But aside from all the advantages we have enumerated
special Act of Congress erenrts all bonds aud Treasury
notes from local dration On the average, this exemption
worth about two per cent per annuB according to tho
rate of taxation in various parts OF the country.
Ia Is NATIONAL SAVINGS BANK-While this loan pre-
SCENTS great advantages TO large capitalists it offers special
inducements to those who wish TO make safe and proa
BILE investment of small savings 1t is every the best
Savings Bank for every institution of this kind must
somehow invest its deposits proably in order to pay Inc
eres and expenses They viii invest largely in this loa
the best investment But from the gross interest which
they receive they deduct largely for the expenses Of
the Bank Their usual rate Of interest allowed to deposi
tors per cent upon $500 The person who
invests directly with Government will receive almost SO
per cent. more Thus the man who deposits $1,000 in
private Savings Bank receives so dollars year interests
If he deposits the In this National Savings Bank
receives rs dollars For those who wish TO find asafe
and profitable ofnveting theirsarpus
earnings which they have reserved for their old age or for
the benefit Of their children, there nothing which pre-
euts SO many advantages ~ this National Loan.
sf-N