Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-10-08
u S. 7-30 LOAN.

The Secretary of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes, payable three years from August 15th 1851
with scmiannual interest at the rate of seven and
three-tenths per cent. per annum,-principal and
interes, both to be paid in lawful money.
These notes will be convertible at the option of
the holder maturity, into six.per cent gold bear
ing bonds. payable not less than five more than
twenty years from their date, as the governme" may
elect They will be issued in denominations of $50,
800, 5000 81 900 and So GOO, and all subscriptions
must be for fifty dollars or some multiple of fifty
dollars.
The notes will be transmitted to the owners free of
transportation charges after the receipt of
the original Certificates of Deposit us they can be
prepared.
As the notes draw interest from August Is, persons
making deposits subsequent to that date must pay
the interest accrued from date OF note to date Of
deposit.
Parties deposting twenty-five thousand dollars
and upwards for these notes at any time will be
allowed commission of one-quarter 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. No
deductions for commissions must be made from the
deposits
Special Advantages of this Loan.
ITIsA NATIONAL SAVINGS BANK, offering high
rate of interest than any other and tie hes, seen.
rty. Any savings bank which pays its depoSt0rs in
L. s Notes considers that it is paying in the best
circulating medium of the country, and it cannot
pay in anything better, ol its assets are either
in government securities in notes bonds payable
in government paper
1t is equally convenient as temporary or perma.
nent investment. The notes can always be sold for
within fraction of their face and accumulated inte
rest, and the best security with banks cola
terals for discounts.
CONVERTIBLE INTO A SIX PER CENT $50
GOLD BOND
In addition to the very liberal Interest on the notes
for three years, this privilege of conversion is
worth about three per cent. per annum, for the cunt
rent rate for 500 Bonds is not less than aiae per-
cent. JysMiUni, and before the war the premium on
six per cent. L. 5. stocks over twenty per cent
It will be that the actual profit this loan. at
the pre,cut market rate is loss than per cent
per annum.
IT'S EXEMPTION FROM STATE OR MUNICH
PAL TAXATION.
Grated. special Aot of Congress ereaiyis all bon9s
aRd Treasury a0teS fr00l tocai taraii0a. On the
average this exemption is worth about two Ter cent,
per anuum, according to the rate of taxation in vari
Gus parts Of the country.
1t is believed that no securities offer great In.
duccmons to lenders those issued by the govern
IN ent In all other forms Of Indebtedness the faith
and ability of private parties, stock companies, OF
separate communities, only, is pledged for payment
while the whole property of the country is held
secure the discharge OF all the obligations of the
} United States.
While the guyernmCnt offers the mos, libVral terml
for its loans it 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 deposting must endorse upon the origin
al certificate the denominations of notes required
and whether they to be issued In blank Cr paya
Bile to order, When endorsed It must be left witt
the officer receiving the deposit to be forwarded Il
the Treasury Department
Subscriptions will be received by the Treasurer o
the United States, at Washington, the several As
sstant Treasurers aud designated pepostaries an,
by tho
kirsI National fsani. OF Milton,
And 10y all Natio"ai isa,ys-
which are dero,IiaFios OF Publle money and all
EssrEcrABls BASKs AND bAsNsHs
throughout the country, ae,ing as agents Of the Ma
lionul Depository Iianks) will furnish further noI
nation on application aud
AFFORD EVERY FACILITY 10 osUBscRIBERs
Angus, Is, l,6l