American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-09-21
IT. g. 7-3O Loan.

The Secretary Of the Treasury gives notice that sub
payable three years Aug. 18TH 1854 with seman
nual interest at ratio of seven and threetenths per
cent per annumprincipal and interest both to be paid
in lawful money.
These will be convertible at the option of the
holder maturity into six per cent gold bearing bonds
payable less than fyo than twenty years
from their date as the Government may elect. They
will be issued in denominations of $780, $780, $780, $1,000
and 1000 and all subscriptions must bo for fifty dollars
multipleof fifty dollars.
The will be transmitted to the owners free of
transportation charges as after the receipt of the
original Certificate Of Deposit they be prepared.
As the notes draw interest from August Is person.
making deposits subsequent TO that date must pay the
interest accrued from date Of date Of deposit
Parties deposting twenty-five thousand dollars and
upwards for these notes any time will be allowed
commission of oneQuarter Of one per cent which will
be paid by the Treasury Department upon the receipt
bill for the amount certified By the officer with whom
the deposit was made No deductions for commissions
must be made from tho deposits.
Special Advantages of This Loan.
Ii ANATIoNAL SAVINGS BANp, Offering higher
of interest than any other and s best security Any
savings bank which pays its depositors in L 5. Notes,
considers paying in the best circulating medium
of the country and eanno. pay in anything better for
its own assets either in government securities in
notes OF 1ds payable in government pupcr.
It Is equally conveniet u temporary or permanent
rt.a -
fraction Of their face and accumulated interest and
the best security with banks as eollnteals for discounts
Convertible into Six per cent. $40 Gold Bond.
In addition to the very liberal interest the for
put three per cent per annum e current rate for
$40 Bonds IS not less than nine per cent prenia, and
before tho war the premium in six per cent u $ stocks
twenty per cent 1t will be that the ac-
ta profit this loan at the present market rate is not
le,.than ten per cent. per annum.
lis Exemption from State or Municipal Taxation.
But aside from all the advantages we have enuncra
ted special Act of Congress erepipts all bonds and
Treasury notes tioe, deal taxation. On the average
this exemption is worth about per cent per
occording to the Of taxation in various parts Of the
country.
Ils believed that securities Offer great induce
ncuts to lenders those issued by the government
In all other fjrs Of Indebtedness the faith abit,
of private parties stock companies, separate com
mubtes, ouly, is pledged FIR payment while the whole
property Of the country Is held to the discharge
Of NIL the obligations Of the United States.
While the government offers the most liberal terms
for It's loans it believes that the very strongest appea
will be the loyalty and patriotism Of The people.
Duplicate certificates will be issued for all deposits.
The party depositing endorse upon the origtna
certificate the denomination of notes required, and
whether they are DO issued In blank payable to
der when SO endorsed 1t be left with tho officer
receiving the Deposit to be forwarded to the Treasury
Department. .. ..
SUBSCRIPTIONS WILL De RECEIVED b. the Treasurer
the United States Washington, the several Assistant
Treasurers and designated Depusitrle7, and by tho
First National Bank OF
Allegheny City, Pa. First Second, and Third National
Banks of Pittsburgh, Pa, and by all National Banks
which are depostaries Of public money and
ALL RESPECTABLE BANKS AND BANKERS
Throughout the country will give ftherufJrmaton aud
AFFORD EVERY FACILITY TO SUBSCRIBERS.