Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-09-03
II. S. 7-3G LOAN

The Secretary of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes, payable three years from August 9th 1854,
with semi-annual interest az the rate Of seven and
throe-tcnths 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 Mt mat"r' iuto six-pcr cent. gold bear
ing bonds, payable not less than five nor than
twenty years from their date the government may
elect. They will be issued in denominations of $50,
500, $500, 1000 and S5,O0O 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 as they can be
prepared.
AS the notes draw interest from August 49, persons
making deposits subsequent to that date must pay
the interest accrued from date of note to date of
/ deposit.
Parties depositing twenty-five thousand dollars
and upwards for these notes at any one time will he
allowed a commission of 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 was made No
deductions for commissions must be made from the
deposits.
Special Advantages Of this Loan.
IT is NATIONAL SAVINGS BANK offering high
er rate of interest than any other and hc bcst scc-
rtty Any savings bank which pays its dcpostors in
L. S. Notes, considers that it is paying in the best
circulating medium of the country and it caRnot
pay in anything BETTER foI its own assets arc either
in government securities or in notes or bonds payable
in government paper.
1t is equally convenient as a 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 as COLA
tcrals for discounts
CONVERTIBLE INTO a SIX PER CENT 500
GOLD BOND.
In addition to the very liberal interest on the note
FOR three years this privilege of conversion is now
worth about three per cent per annum for the cur
rent rate for $50 Bonds il not less than nine pcr
cant. premiHm, and before the war the premium ON
six per cent L. S stocks was over twenty per cent
1t will be seen that the actual profit on this oan at
the present market rate is not less than ten per cent
per annum.
/ ITS EXEMPTION FROM STATE OR MUNICH
PAL TAXATION.
But aside from all the advantages we hacc cnum-
Grated. n special Aot of Congress ercmpts all 50ads
anu Treasury notes from local f0yatiOH. On the
average, this exemption is worth about two rer cent
per anuum according to the rate of taxation in var
ous parts of the country.
1t is believed that no securities offer so great In
duccmonts to lenders those issued by the govern
mcnt. In ali 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 the discharge of all the obligations Of the
United States
While the government offers the emost 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 dcpositing must endorse upon the origin
al certificate the denominations If notes required.
and whether they to be issued in blank or paya-
bic to order When endorsed 1t must be left with
the officer receiving the deposit. to be forwarded to
the Treasury Department.
Subscriptions will be received by the Treasurer of
the United States, at Washington the several As
ssant Troasurers and designated Depositarics, and
by the
FIRST National EgnnI< OF Milton.
And ny all National Esaillss
which are doposarics of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country, acting rs agents of the Ma
tional Depository B,uks) will furnish further infor
nation on application and
AFFORD EVERY EACH ~ To s1-RsCRrprps :