The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-09-16

Ten q 90 $500
20 q 90" $1,000
4, E .. $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 1t is confidently ex.
pected that its superior advantages will make it the
GREAT POPULAR LOAN OF THE
PEOPLE.
Less than $2OO, OO0, 900 remain unsold, which will proba-
bly, be disposed of within tho next sixty or ninety days,
when the notes will undoubtedly command a premium, IS
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
National Banks, State Banks, and Private Bankers through
out the country have generally agreed to receive subscrip
tons at par. Subscribers will select their own agents, In
whom they have confidence, and who only are to bs re-
~spousible for the delivery of tho notes for which they r-
celve orders. A COOKE,
Subscription Agent, Philadelphia.
Subscriptions will be received by the Exchange Nation.
al Bank of Norfolk, Virginia.
FACTS ABOUTTHE 7-30's-THEA D-
VANTAGES THEY OFFER.
THEIR ABSOLUTE srcuRrY-NearIy all active credits are
now based OIL Government securities, and banks hold them
as the very best and strongest investment they can make
il it were possible to contemplate the financial failure OF
tho Government, no bank would be any safer. If money
is loaned on individual notes or bond and mortgage, 1t
will be payable in the same currency as the Government
pays with, and no better, The Government never has
failed to meet its engagements aud the national debt $ q
first mortgage upon the whole property of the country
While other stocks huctuate from ten to fifty, or even a
greater per cent, Government stocks are always compare
lively firm. Their value ia hIed and reliable, beyond all
other securities; for while q thousand speculative bubbles
rise aud burst, as a rule thoy are never below par, and are
often above at st
IT'S LIBERAL INrERHsr--Ths general rate Of interest is
six per cent, payable annually. This Is seven and three
tenths, payable semi4annuaEy. If you lend on mortgage,
there must DO a 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 1t. If you invest in this loan,
You have no trouble. Any bank or banker will obtain 1t
for you without charge. To each note or bond are affixed
Ave coupons or interest tickets, due at tho expiration Of
each successive halfyear. The holder Of a note has simp.
ly to cut of one of these coupons, present it to the nearest
bank or Government Agency, and receive his Interest; the
note itself need not be presented at all. Or q coupon thus
payable will everywhere be equivalent, when due, to mo-
ncy. If you wish to borrow ninety cents on the dollar
upon the notes, you have the highest security in the mar
ket to do it with. If you wish to sell, it viii bring within
a fraction of cost and interest at any moment. 1t will be
very handy to have in the house. ~'s''ft ih1lt
IT Is CoNvERruIE into a six per cent. goldbearing bond.
At the expiration of three years q holder of the notes Of
the $50 Loan has the option Of accepting payment in full
or of funding his notes in a six per cent. goldinterest bond
the principal payable in not less than Eve, nor more thar
twenty years from its date, as the Government may cleo,
These bonds are held at such a premium as to make thi,
adds SO much to the interest. Notes Of the same class, Is
sued three years ago, are now selling at a rate that fully
proves the correctness Of this statement.
ITS EXEMPTION FROM STATE OR MUNICIPAL TAxArroN-
But aside from all the advantages we have enumerated, q
special Act of Congress 'ezempts all bonds and Treasury
notes from local taxation. On the average. this exemption
10 worth about two per cent. per annum, according to the
rate Of taxation In various parts of the country.
IT Is A NATIONAL SAVINGS BANK.-while this loan pre-
sents great advantages to large capitalists, it offers special
Inducements to those who wish to make q safe and prohta.
BILE Investment of small savings. 1t is every way the best
Savings Bank; for every institution Of this kind mus
somehow invest its deposits p~roftably In order to pay In
terest and expenses. They will invest largely in this loan,
as 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 dsposi
tors is 6 per cent. upon sums over $500. The person who
invests directly with Government will receive almost SO
per cent. more. Thus the man who deposits $1,000 in a
private Savings Bank receives so dollars q year interest,
If he deposits the same sum in this National savings' Bank
receives 70 dollars. For those who wish to find a safe,
convenient, and profitable means ofinvesting theirsurplur
earnings which thSy have reserved for their old age or for
the benefit of their children, there Is nothing which pre-.