The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1866-02-06
GOVERNMENT BONDS AND NOTES

Ihere are great many questions asked con-
| corning the 1905 5-20s, and compound notes
| The following facts will answer about all these
inquiries:
The 6-30s, are so called because they bear 81
per ct. per annum interest. This is two cents
per day on a hundred dollars They are cou-
pon bonds, and coupon for half years inte-
rest is payable every six months from the date
OF the note
/ These notes fall due three years from date, at
and after which time the holder can call for
money or 500 bond of the same amount;
thus giving the holder ofthe 7-30s the option
Of money or bond.
The lst series of these notes fall due Aug.
Is, 1867, 100000; the I'd series falls due
June Is, 1868, OO,O0O,O6O; the Sd series
falls due July Is, 1868, $3.50 100000
1t is thought by some that the Secretary of
the Treasury will offer a moro inducing bond
than the 5-2Os, 10 order to get the 7-3Js fund
ed into long security even before they mature.
There is no doubt that the Secretary will make
effort to get the 1905 out Of the way. before
they fall due; so in any event they are good
thing to invest in.
The 5-2Os six per cent gold-interest
bond. They called 5-20s because after the
first five years the Government has the option
to pay them off, they may run for fifteen
date to run positively, and then, during the
balance of the twenty years, the Secretary can
at any time stop interest and pay them off
The first batch of 5-20s is dated 1862. These
are called cold bonds" and are bought for for
eign orders; hence they bring the highest price
The second batch is dated 1864, and the third
batch 1865 The interest on all the Issues is
payable at the same time-May and Nov
It is plain that for American investment the
I'D and '65 bonds are better than the old bonds
Compound interest Totes are SO called because
they draw interest on the interest computed in
halfyearly periods. They are six per cent
note, having three years to run from date, and,
when due, every hundred dollars viii amount TO
Sll9 4O.> These notes are dated June 10, July
Is, Aug. l5, Oct. Is, Dec. Is, 1861, and May
Is, Aug. l, Sept. and Is, and Oct. l and l6,
1865:
All the compounds arc legal tender for their
face, and they are all "a legal reserve for bank
deposits and circulation. The decision that the
June compounds ou!y would answer for a re-
serve against circulation, has been reversed.
NORTH CAROLINA FREEDMEN.
The Raleigh Standard says: We have read
the report of Col Wbittlesey of the Freed
mems Bureau of this State lie sets forth
many interesting facts.
During the quarter ending the 31st of De- |
cember, 1865, there has been great falling off
in the amount of ratons issued to dependent
freedmen; the number of them contracting for
work has also largely increased; and the |
number of deaths in hospitals has diminished
over three-tourths that reported for the precec-
ing quarter, and the number Of sick is less by |
2,3O9. There have been also 1913 orphans ap-
prenticed, whereas only ~ cases are reported |
for the previous three months.
The abandoned lands which have been re-
stored to their former owners are valued at
S., 1914 POS; those remaining 10 the hands Of
the bureau at s26S,200
In the schools under the superintendence Of
the Bureau there are 10 teachers, and S S,5O6 |
scholars. Eighty-sx seL9ols have been estab-
lished In referring te,dyi;hools, Col. Nhittle-
sey says:
'In some instances planters have established
schools for their employees as means of pro-
noting good order and contentment. 1t is also
very gratifying to see few churches organic
ing Saba schools for colored children. The
Baptist church in Raleigh setting noble ex-
ample, has already large freedYen's sabbath
school in successful operation"
----
A COOP ORDER.-Captain Wilcox, of the
Freedmens Bureau, in this town, has issued an
order that ali freedmen and women who shall
be found after the 20th instant without cer.ifi-
Gates showing that they have employment for
the curren. year will be taken up aud treated as
according to the vagrant laws Of the
State. Children liable to become tax to the
public are to be bound out until they are TWEEN
ty- one years of age.-DanoiHe Times.
THE BANIsHED CoNsPIRAToRs.-The Bos-
ton Evening Transcrp! has item about the
bauished conspirators
"]4ate intelligence from the Dry Tortugas
says that DR. Mudd, SpaDgler and OLaughIin,
the Lincoln assassination c0nspirators, ali occu-
py one room, and are apparently 10 good health
They do the most menial and degrading work
about the prison DR. 1Iudd has behaved with
propriety since his failure to escape
some time ago, and is evidently striving to re-
instate himself in the good opinion OF his cnsto-
dians and his former easy and agreeable place
in the prison hospitals.
The PRICE OF NEwsPAPERs.-Those who
grumble at paying four cents for daily and ten
cents for weekly papers mere would do well to
notice what European papers cost. The Lou
don Times costs forty FIVE dollars year. The
Morning Chronicle, Daily News, Globe, Herald
and Post charge the same rate. The London
Evening Mail is published three times week
at twenty five dollars year. The London semi
weeklies twelve dollars. The French daily pa
pers, large ones, are abou: the same price as the
London prints Those about the size of our
pennies cost twenty and twenty five dollars
year The German papers cost from tgeDtytWo T
to thirty six dollars year.-N. l. Ctta=en
IT.. IT,;ted States arnv nffcers in Jiobile