Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-09-24
u. S. 7-30 LOAN.

Tho Secretary Of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes, payable three years from August 18th 1854
with semiaunual interest at the rate of seven and
three-enths per cent. per annum, principal and
interest both to be paid in lawful money
These notes will be convertible at the option of
the holder at maturity into sxper cent. gold bear
ing bonds. payable not less than five nor more than
twenty years from their date the government may
elect. They will be issued in denominations of $50,
500, $500, 81 900 and 5000 and all subscriptions
must be for fifty dollars some multiple of fifty
dollars
The notes will be transmitted to the owners free oi
transportation charges soon after the receipt of
the original Certificates Of Deposit a. they be
prepared.
As the notes draw interest from August l5 persons
making deposits subsequent to that date must pay
the interest accrued from date Of note TO date Of
deposit.
Parties dcpositng twenty-five thousand dollars
and upwards for these notes at any one time will be
allowed commission Of onequarter Of one per cent,
which will be paid by the Treasury Department upon
the receipt of bill for the amount, certified TO by
the officer with whom the deposit made. y"
deductions for commissions must be made from the
deposits
Special Advantages Of this Loan.
IrIsA NATIONAL SAVINGS BANK, offering high
er rate of interest than any other and e best Sec"
rfy. Any savings bank which pays its depositors in
L. s. Notes considers that it is paying in the best
circulating medium of the country, and it caHROt
pay in anything better, foI its own assets either
in government securities or in notes bonds payable
in government paper.
1t is equally convenient a temporary or petnH-
ncnt investment The notes can always be sold tor
within fraction of their face and accumulated nte-
rest and are the best security with banks colla-
terals for discounts.
CONVERTIBLE INTO A SIX PER CENT 500
GOLD BOND.
In addition to the very liberal interest the notes
for three years this privilege Of conversion is
worth about three per cent per anuum, for the our-
rent rate for 500 Bonds il not less than nHe per
cent, prfmiRm and before the war the premium on
six per cent. U. s. stocks over twenty per cent.
1t will be that the actual profit thi, loan. at
the present market rate not less than per cent
per annum.
ITS EXEMPTION FROM STATE OR MUNlCI.
PAL TAXATION.
But aside from all the advantages we haze enum.
Grated special Aot of Congress ercmyts all Joais
and Treasury notes from local iarat,oW. On the
average this exemption is worth ABOUT two Ter cent
per anuum, according to the rate OF taxation in ysri
Gus parts of tho country.
1t is believed that securities offer great In
ducemOns to lenders as those issued by the govern
m ent In all other forms Of Indebtedness, the faith
and ability of private parties, stock companies or
separate communities, only, is pledged for payment,
/ while the whole property Of the country is held
to secure the discharge of all the obligations Of the
/ United States
While the government Offers the most liberal terms
for is loans il believes that the very strongest appeal
will be to the loyalty and Patriotism Of the people
Duplicate certificates will be Issued for all deposits,
The party deposiung must endorse upon the oyigin-
al certificate the denominations OF notes required,
and whether they are to be issued in blank OF paya-
bls to order When 50 endorsed It must be lei' with
the oheer receiving the deposit, to be forwarded 10
tho Treasury Department
Subscriptions Will DO received by the Treasurer Of
the United States, at Washington, the several AZ.
sstant rr0asursH aud designated DsPosi,Ariss, and
by tho
First National Hank of Milton,
And by nii National tsanLs
which are dsFosiarss OF Publis mOHsy aud all
EEsFEcTABlE BAsHs AsD BAsEERs
thFoughou the country acting sgents Of the Ma,
Iional Depository Banksl wll faTEish further iaiof'
nation on spplisa.ion and
AFFORD EVERY FACILITY yTosUBscRIBERs
Aasua "a lOSi