Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-12-03
u. S. $50 LOAN:

The Secretary Of the Treasury gives notice that
subser;p ptons will be received for Coupon Treasury |
Notos, payable three years from August 18th 1864,
win semiannual interest at the rate of seven and
three-tenths per cent per um,-principal and
interest 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 Ave nor more ha-
twenty years from their date the government may
elect. They will be issued in denominations Of $50,
$780, $500, $1,000 and $4,000, and all subscriptions
must be for fifty dollars or some multiple of fifty
dollars sl
The noes will be transmitted to the owners free Of
transportation charges as soon after the receipt of
the original Certificates of Deposit as they can be
prepared.
AZ the notes Straw 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 dcpositing twenty-five thousand dollars
and upwards for these notes at any one 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 was made. No
deductions for cammissons must be made from the
deposits
Special Advantages OF this E4Oau.
II \ NArioyAL SAVINGS BANK. Offering high
rate of interest than any other, and tie best Secy.
yity. Any savings bank which pays its depcsitors in
L. s Notes, considers that it is paying in the best
circulating medium of the country, and it cannot
pay in anything better, fcI its assets either
i'll government securities in notes bonds payable
in government paper
1t is equally convenient a temporary or perma
nent investment. The notes can always be sold TO-
within fraction of their face and accumulated into
rest and the best security with banks COLA
| teras. for discounts.
| CONVERTIBLE INTO A SIX PER CENT $50
| GOLD BOND.
In addition to the very liberal interest on the notes
for threeIyeurs. this privilege of conversion is now
worth about three per cent per annum for the curt
rent rate for $50 Bonds is not less than nine per
cent. premium, and before the war the premium on
six per cent T. s. stocks was over twenty per cent.
1t will be seen that the actual profit on this loan 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 hace enum-
Grated. special A0t of Congress eremptS all JonHS
! nna Trsa1vyy notes from iocak tar0tton. On the
average, this exemption is worth about two Ter cent
per anuum, according to the rate of taxation in yar
| Gus parts of the country.
IT is believed that no securities offer so 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,
separate communities, only, is pledged for payment
while tho whole property of the country is held
secure 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 dcpositing must endorse upon the origin
al certificate the denominations Of notes required
and whether they to be Issued in blank or paya
bic TO order When so endorsed 1t must be left Will
the officer receiving the deposit, to be forwarded t.
; the Treasury Department
Subscriptions will be received by the Treasurer o.
I the United States, at Washington, the several As
sisant Troasurers and designated Dcpostaries ant
by the
First National Bank OF Milton.
And by all National Banks
which are depositares of Public money, and all
RESPECTABLE BASKs AND BANKERS
throughout the country (acting asents Of tue Ma
tona Depository Banks) will furnish further iniOr
nation on application and
AFFORD EVERY FACILITY TO SUBSCRIBERS
, August 10, 1861.