North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1864-09-28
". S. 7 80 Loan

The Secretary of the Treasu. gives poties thu
SUBSCRIPTIONS will be received for Coupon Treasury
notes payable three years from Aug 18th. 1854
with smi-anual interest at the rate of seven ana
per cent per annum, principal
ahlinerest ooth to be paid in lawful money
Thee notes win be convertible NJ tba ,.;
the holder at maturity into six Der cent ola -.
ing bonds, payable not less than five nor o,aro 80"
twenty years from their date, as the Goyerpmant
of $50 500, $500 81 900 a,q s. 600 ana a1I st
scriptTons must be for fifty dollars or some mntino
of fifty dollars --' multiple
The notes will transmitted to the ,vns-, tr..
Of transportation charges after the receipt Of
prepared
As the notes draw interest from August Il ner
sons making deposits subsequent to th 4. date must
pay the interest accrued from date of note to date of
deposit ETY. sAS
Parties depositing twenty-five tbousand do,l.r
ana upwards Tor these notes at any one time will b
allowed acommssi0n Of one quarter of one n.r cent
whlch VIII he paid by the Treasury Department up
on the receipt of bill for the amount certified to
by the officer with whom the deposit was made No
deduct IONS Tor commissions must be made from the
deposits
SPECIAL ADVANTAGES OF THIS LOAN.
LIT is NATIONAL SAVINGS BANK, Offering higher
rate ofinterest than any other ami tbebsst s.c.;n
Arv savings bank which pays its depositnrs il. L S.
Notes, consider that 1t is paying in the best circula-
ing medium OF the country, and il cannot pay in
anything better for It's own assets are either in gov
ernmeh' securities or IN netes or bonds payable in
government paper.
II Is equally convenient 4 temporary or pelIra-
nent investment. The notes can always be sold for
within traction of their zee and accun ulated inte-
rest ana are the Best security with banks colate
rails for discounts.
CONVERTIBLE INTO ASK PER CENT $50 COIN BoyD
In addition to the very liberal interest on the
notes Tor three years this privilege of conversion is
no" worm aDout three per cent, per annum for the
current rate tor 6-2U Bonds is not less than nine
per cent premium, and before the war the premium
ON SIX per cent, [. ;. stocks was over twenty plr
cent, II will be seen that the actual profit on this
loan at the present market rate not less than ten
per cent per anBum.
1TS EXEMPTION FROM STATE on MrSrcrpIr T.y,~roN
But aside from all the advantages we have emu
moraed,a special Act of Congress erempts all bonds
and Treasury notes from local tarafton On the
average tn exemption is worth about two per cent
per ahnun ocg'rding to the rate of taxation in
rious parts Of the country.
1t Is believed that no securities offer so great in.
ducements to lenders those issued by the govern
ment In all other forms of Indebtedness the faith
or AFFINITY OF private parties, stock companies or
sepefate communities, only, pledged for payment
whiie the whole property Of the countr Is held to
secure the discharge of all the obligations of tho
United States.
While the government offers the most liberal
terms for its loans it believe dthat the very strong
est Il peal viii be to the loyalty and patriotism of
the people ..
Duplicate cetifcates will be issued for all de-
po'Hs. The purity depositing must endorse upon
the original certificate the denomination of notes
required, and whether they to be issued in blank
or payable to order When SO endorsed it must be
left with the officer receiving the deposit to be for
wagded to tn Treasury Department.
Subscriptions will be received by the Treasurer of
the United States, at Washington, the several As-
siStant Treasurers and desgna led DepositarieE aad
bp the
FIRST AND Sec Nd NATIONAL BANKS OF
SCRANTON, FIRST NATIONAL BANK OE
T0WANDA.
and by all National Banks which Repositories Of
public money, and
ALI RESPECTABLE BANKS AND BANKERS
throughout the country will give further information
Il
AFFORD EVERY FACILITY TO SUBSCRIBERS