The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-08-16
al Bank of Norfolk, Virginia. .l
FACTS ABOUT THE 7-3O's-THE AID
VANTAGES THEY OFFER.

THErR Absolute sEcuRrYNeary all active credits
based Government securities and banks hold them
the very best and strongest investment they make
II possible to contemplate the financial failure Of
the Government, no bank would be any safer If money
isioaned on individual notes or bond and mortgage, 1t
will be payable In the currency the Government
pays with, and better The Government never has
fdled to meet its engagements and the national debt
hEst mortgage upon the whole property of tho county
While other stocks fuctuate from ten to fifty
greater per cent Government stocks always compare
lively frm Their value xed and reliable beyond all
other securities; for while thousand speculative bubbles
rise and burst rule they below par aud
often above.
It's LIBERAL INTEREsrThe general rate Of interest Is
sz per cent payable annually This is and three
tenths payable ssmt-aauaHy If you lend on mortgage
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 money you would receive from
the Government and less Of It. you invest in this loan,
you have no trouble Any bank banker will obtain II
for you without charge TO each note or bond are affixed
I've coupons or interest tickets due at the expiration Of
each successive hayear The holder Of note has slump
ly to cut of Of these coupons present to the nearest
bank Government Agency and receive his interests the
note itself need not be presented at ALL Or coupon thus
payable will everywhere be equivalent when due to
nsy If you wish to borrow ninety on the dollar
upon the notes. you have the highest security IN the
ket to do 1t with you wish to SELL 1t will bring within
fraction of cost and interest at any moment 1t will be
very handy to have in the house
ITs CONVERTIBLE into six per cent goldbearing bond
AT the expiration Of three years holder of the notes of
the 79o Loan has the option of accepting payment in full
or offundng his notes in six per cent godnerest bond
the principal payable in not less than five than
twenty years from its date the Government may elect
These bonds held at such premium make this
privilege now worth two three per per snnum
adds much to the interest Notes Of the class is
sued three years ago selling at rate that fully
proves the correctness of this statement
I7s EXEMPTION FROM STATE OR MUNICIPAL TAxAroN-
But aside from all the advantages have enumerated
special Act of Congress erepts all bonds end Treasury
notes local taxation On the average this exemption
is worth about two per per epnu according to the
rate Of taxation 10 various parts Of the country.
ITsA NATIONAL sAvrscs EANK.--while this loan pre-
ssnts great advantages to large capitalists it offers special
inducements to these WHO wish to make safe and pros-
bic Investment Of small savings 1t every way the best
savsts Bsnk for every institution of this kind must
somehow invest Its deposits proftaby in order to pay III
tsrsst and expenses They will invest largely in tbs loan
Is the best investment But from the gross inter eat which
they receive they must deduct largely for thu expenses Of
the Bank Their usual rate of interest ap owed to depo
tors per cent upon sums 500 The person who
invests directly with Government ill receive almost 50
per cent more Thus the man no deposits $1,000 in
private Savings Bank receives % dollars year interest
be deposits the same sum in this National Savings Bank
he receives ~ dollars For those who wish to find sa
convenient and prohfaeis' means ofnvesng hersuplus
earnings which they hay for their old ape or for
the dement, OF the g dren, there is nothing which pre-
ssns % many advss .tagss as this National Loan
L.