The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1865-08-11
al Bank of Norfolk, Virginia -H.
FACTS ABOUT THE T-SO's--THEAD-
VANTAGES THEY OFFER.

A IAGGIS III or IfN.
THEIR ABSOLUTE sEouRITr.--Noarly all active credits are
now based on securities, and banks hold the
as the very best and strongest Investment they make
If It were possible to contemplate the financial failure o.
the Government, no bank would be any safer II money
is loaned on individual notos or bond and mortgage
will be payable in the currency as the Government
pays WITH and no better. The Government never has
fled to meet. engagements and the national debt isn
first mortgage upon the whole property of the country
While other stocks nuctuate from ten to fifty, or even
greater per cent? Government stocks always compar
lively firm Their value is fixed and reliable, beyond al
other securitics for who thousand speculative bubble
rise and burst rule they below par and
often above.
IFS LIBERAL INTEKEsT-Tho general rate of interoet
six per cont payable annually This seven and three
tenths payable sei-annuaRy II you lend mortgage,
there be searching of titles, lawyers fees sami
duties and delays and you will finally have returned to
YOU only the same kind money you would receive from
the Government and less pitt Iyou invest in this loan
YOU have no trouble Any bank or banker will obtain 1t
NN'~ $3.50
five coupons or interest ckes due at the expiration o.
each successive hafyear The holder of note has sim
" to cut off 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 coupon thus
PAYABLE will everywhere be equivalent when due 10 mo-
ney 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 Ifyou wish to SELL it will bring within
fraction of cost and interest at any moment II will be
worry handy to have in the house
IT Is CONVERTIBLE into a per cent goldbearng bond
At tho expiration Of three years holder Of the notes
tho 7o Loan has the option of accepting payment in full
oroffnding his notes in per cent godinterest bono
the principal payable in less than five, nor more than
twenty years lom its date the Government may eec
These bonds are held such premium as 10 make this
privilege now worth two three per cent per annum an
adds 80 much to the interest Notes of the class Is
sued three years ago. are selling at rate that fully
proves tho correctness of this statement
Irs EXEMPTION FROM STATE OR MuNIcIPM TAXATION
But aside from all the advantages have enumerated
special Act of Congress eremps all bonds and Htas93
notes from local taratioR On the average exemption
Is worth about two per cent per annu, according to tb
rate of taxation in various parts of the country
IryA NATIONAL SAVINGS DANK,-Whle this loan pre-
sents great advantages large capitalists it offers peca
Inducements to those who wish make safe and prota
BILE investment of small savings 1t is every way the hes
Savings Bank: for every institution of this kind
somehow invest its deposits poftably in order pay
teest and expenses They will invest largely in this LOAF
az the best investment But from the gross interest wh
they receive they deduct largely for the expenses
the Bank Their usual rate of interest allowed to depos
tors is per upon $500 The person VII
invests directly with Government will receive almost
per cent more. Thus the man who deposits elVVo IN
private Savings Bank receives SO dollars year interes
if he deposits the in this National Savings Ban
be receives 70 dollars. For those who wish TO find
convenient and profitable ofinyesting their
earnings which they have reserved for their old
the benefit OF their children there smoothing which pr
sents SO many advantages as this National Loan.
je-H