Raftsman's journal. [volume] (Clearfield, Pa.) 1854-1948, 1864-05-25
us. 1910 BONDS.

u ~. lU-fO DOlFOO.
These Bones issued under the act of Con
gress of March sth, 1864, which provides that all
bonds issued under this act shall be e1enaps from
farattOsl by or under any State or municipal aa-
thority. Subscriptions to these bonds are receiv-
ed in United States notes or notes of National
Banks They are TO RE REDEEMED COIN, at the
pleasure Of the Government, at any reriod not
less than ten thaas forty years from their
date, and until their redemption FIVE PER CENT
hundred dollars annually and on all other Bonds
semi annually. The interest is payable on the
first days of March and September in each year
Subscribers viii receive either Registered or
Coupon Bonds. as they may prefer. Registered
Bonds are recorded on the books of the L ;
Treasurer, and can be transferred only on the
owners order, Coupon bonds are payable to
bearer, and are u ore convenient for Commercial
uses.
Subscribers to this lOsn viii have the option of
having their Bonds draw interest from March lst,
by paying the accrued interest in coin-ior in T.
nited States notes, the notes of National Banks,
them drawing interest from the date Of sabscrip.
ton and deposit. As these Bonds are
Exempt from Municipal or State Taxation,
their value is increased from one to three per
cent. per annum, according 70 the rate Of tax
levies il various parts of tbs country
At The present rate Of premium on gold they pay
OVER EIGHT PER CENT INTEREST
in currency, and are Of equal convenience as &
permanent or temporary investment.
1t is believed that no securities offer SO great
Of u. s. Bonds. In all other forms of indebted
ness, the faith ability of private parties or
stock companies or seperate communities only is
pledged for payment, while for the debts Of The
United States the whole property of the country
is holden to secure the payment of both prinei.
pal and interest in coin
These bonds may be subscribed for in sums from
$50 up to any magnitude. the game terms and
are thus made equally available to the sn allest
lender and the largest capitalist They can be
converted into money at any moment, and the
holder viii have the benefit of the interest
1t may be useful TO state in this connection that
the total Funded Debt of the United States on
which interest is payable in gold, on the Sd lay
of March, 1864, was s76S 9s5 900 The interest on
this debt for the coming fiscal year viii be s45,-
937.l26, while the customs revenue in gold for
the current fiscal year, ending June S0th, 1864,
per annun,.
1t will be seen that even the present gold rev.
enues of the Government are largely in excess of
the wants Of the Treasurer for the payment OF
gold interest while the recent increase OF the
ff will doubtless raise the annual receipts from
customs the same amount of i'm portaiions TO
Sl5o,09O 900 per ennum.
Instructions to the National Banks acting as
loan agents issued from the United
States Treasury until March 2s, but in the first
three weeks of April the subscriptions aTetagsd
more th an Ten MILLIONS wEEK
Subscriptions viii be received by the
First National Bank of Philadelphia, Pa
Second National Bank of Philadelphia, Pa
Third National Bank of Philadelphia, Pa |
AND BY ALL NATIONAL BANKS
which depostsries of Public money, and all |
RESPECTABLE BANKS AND BANKERS
throughout the country, (acting as agents of the /
National Depository Banks.y win furnish further |
information on application and a6ora eveyy t5reik
ity subscribers. Nav II. IS64-25mos.
A DMINISTRATOR' NOTICE.-Letter.
n o. Administration on the estate of William
Henry Lloyd late of - township. Clearfeld Co,
deceased having been granted to the undersigned.
all persons Indebted 10 said estate are requested
to make immediate payment, and those having
claims against the same will present them duly
authenticated for settlement
May ii, 1s64,-pd- SAMUEL W BEYERS