Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-11-05
LOAN. /.

annum,-prinoipal and
N lawful moucy-
convertible at the OF I'm Of
~, into sis-pw ocnt. gold boav
not les than nyo nor moro tha-
IN their fa.c, as hc govorrnentmay
.ey aill bs Issued 10 deIopinn.icne Of so,
20, $1,000 and $1,000, and all subscriptions
20 for fifty doil-rs or Dome multiple Of fifty
The notes will be transmitted 70 the free Of
transportation charges after the reecpC Of
the original Certificates Of Deposit as they can he
prepared.
As tie notes Draw interest from August 5, persons
making deposits subsequent to that date must pay
.ho interest accrued from date Of note 10 date of
deposit.
Parties depositing twenty-five thousand dollars
and upwards for these notes at any one time viii Je
allowed commission OF quarter OF one per cent
which VIII be paid by the Treasury Department upon
the receipt Of bill for the amount certified to by
the officer with whom the deposit w9s made. No
deductions for commissions must be made from the
deposits.
special Advantages Oa' sssis XO1n.
Ii IsA NATIONAL SAv1ves BANK. Offering hi Ii
or rate Of interest than any other, and tie lest
rtty. Any savings bank which pays its depostoIs in
L. S. Notes, considers that it is paying in the best
circulating medium of the country, and it cannot
pay in anything better, foI its assets are either
in government securities in bonds payable
in government paper.
1t is equally convenient as temporary or perma-
ncnt investment The notes can always be sold for
within fraction of their face and accumulated inte
rest, and are the best security with banks COLA
tcrals 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 now
worth about three per cent per annum, for the curt
reut rate for $50 Bonds is not less than nine PR
cent. yyomina,, and before the war the premium on
six per cent. L. 5. stocks over twenty per cent
1t will be seen that the actual profit on this loan at
the present market rate not less than ten per cent
per annum.
ITS EXEMPTION FROM STATE OR MUNTCI.
PAL TAXATION.
But aside from all the advantages we hacc enum-
Grated special A0t of Congress czemytS uN iouds
aud TreasHry aotes from locli ta.roiiop. On the
average, this exemption is worth about two Ter cent
per anUum, according to the rate Of taxation in vari
ous parts of the country.
II is believed that no securities offer so great In.
ducemonts to Lenders those issued By the govern
mcnt In all other forms of Indebtedness, the faith
Ind ability Of private parties, stock companies OF
separate communities, only, is pledged for payment
while the whole property of the country is held
the discharge of all the obligations Of the
United States.
While the government offers the most liberal terms
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 depositing must endorse upon the origin
al certificate the denominations of notes required
and whether they to be issued in blank or paya'
Die 10 order When endorsed 1t must be left with
the officer receiving the deposit to be forwarded tc
the Treasury Department.
Subscriptions will be received by the Treasurer O
the United States, at Washington, the several As
sistant Treasurers and designated Depostaries anC
by the
aiEst National EssGl< of Milton.
Aud by all National BANKS
which are depositaries of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country (Octing ms agents of the Ma
tional Depository Banks will furnish further infor
nation on application and
AFFORD EVERY FACILITY TO SUBSCRIBERS
Angus, 49, 1854.