Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1878-12-27
FOUR PER CENT. BONDS.
Secretary Sherman Offers Still Greater
Inducements to Purchasers.

Secretary Sherman Offers Still Greater
inducements to Purchasers.
Tie following is an advance copy 81
the circular to be issued from the treas.
ury department Jan. LIST, 1879, sent from
Washington Dec. 2lst:
The secretary calls attention to the
1 per cent funded law of the United
States, now offered by this department
in denominations viz For cupon
bonds of 90, 100, 500, and 1000 dollars,
and for registed bonds Of so, 100, 500,
1000, 5000 and 10000 dollars at par
and accrued interest to date OF
subscription in coin. The bonds are re-
deemable July LIST, 1907, and bear in
terest payable quarterly Oh the 1st day
of January, April, July and October Of
each year, and are exempt from pay
ment of taxes or duties to the United
States, rs well as from taxation i'll any
form, by or under state, municipal or
local authority. Upon receipt in full
payment. the bonds will be transmitted
free Of charge to subscribers. Apphca-
tions should specify the amount and
denominations required, and for regis
tered bonds give fully the name and
postoffice address of The persont to whom
the bonds shall be made payable. In
terest on registered bonds will be paid
10y check issued by the treasurer of the
United States to the order of the holder,
and mailed to his address. The check
Is payable on presentation, properly en-
dorsed at the office of the assistant
treasurer of the United States, in coin
or United States notes, rs the holder
may prefer, or, il desired, in United
States notes at the Office Of the treasurer
or any assistant treasurer of the United
States. All national banks are again
invited to become financial agents of
the government. and depositorS of pub
lie money received on sale Of these
bonds, upon complying with sec. ), los
of the revised statutes of the United
States. All banks, bankers, paymasters
and other public officers and other
persons are invited to aid III placing
these bonds. They can make their ar
rangements through national banks for
deposit of purchase money of bonds.
The money received by depository
banks on account of subscriptions will
remain on deposit with said banks, but
subject to the order Of the treasurer Of
the United States, and calls for the re-
demption OF SIX per cent. bonds will is
sue from time to time as the secretary
may direct. Payments may be made
to the treasurer of the United States mt
Washington or to the assistant treasurer
at Baltimore, Boston, Chicago, Cmcin-
natl, New Orleans, New York, Phila-
delphia, st. Louis ana san Francisco, in
coin, matured coupons, coin certificates
or U. 5. notes. The secretary of the
treasury viii also accept i'll payment
called bonds, certificates of deposit
Of national banks specially designated
to receive deposits on this account, but
bonds will not be delivered until the
certificate has been paid for by Il
treasury draft or by u like amount of
coin with tine treasurer or some assis-
tant treasurer of the United States, or
until other United States bonds Of an
equal amount are substituted in their
stead. The treasurer Of the United
States will also accept in payment Uni
days or drafts in favor Of himself,
drawn on New York, which will be col
ected in excess Of any returned by
check to depositor. Commissions will
be allowed on subscriptions for said
bonds only rs follows: On an aggregate of
subscriptions of 100000 and not ex-
ceeding $1,000,O00, between Jan
uary !, 1879, and June 30, 1879,
one-eight ofone per cent. on aggregate
of subscriptions exceeding $l,000,000
and not exceeding $l0,000,O0O
between same date one.iourth per cent.
and on amounts in excess of ten mil
millions onadditional commission ofone
tenth of one per cent. All blanks or
forms or information needed will be
furnished by the department without
cost.
This circular is in lieu Of all others
previously issued in relation to sub
scriptions from four per cent bonds
consols of 1907. Signed,
JOHN SHERMAN, Sec.