Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-12-10
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 10Th 1861
with semiaunua interest at the rate of seven and
threc-tenths per cent per annum, principal and
interest both to he paid in lawful money.
These notes will be convertible at the option of
the holder at maturity into sx-por cent. gold bear
ing bonds payable not less than five nor more tha-
twenty years from their date, the government may
oloc They will he issued in denominations of $40,
S1O0 $780, 81 900 and $1,000, and all subscriptions
must be for fifty dollars some multiple Of fifty
dollars.
The notes will be transmitted to the owners free of
transportation charges soon after the receipt of
the original Certificates Of Deposit as they can be
prepared.
As the notes draw intcrcstfrom Auguet 10, persons
making deposits subsequent TO that date must pay
the interest accrued from date of note to date Of
deposit.
- Parties ,lcpositng twenty-five thousand dollars
and upwards for these notes at any one time will be
allowed commission of ono-quarer Of one per cent,
which will be pad by the Treasury Department upon
the recent Of bill for the amount certified to by
the officer with whom the deposit was made.
d,luctions for commissions must be made from the
deposits
special Advantages 0G' tIsis H4oan.
IRIS A NATIONAL SAVINGS BANK, offering a high
cr rate of interest than any other and tile best seen"
yity. Any savings bank which pays its doposors IN
L. S. Notes, considers that it is paying in the best
circulating medium of the country, and it cannot
pay in any ythiug BETTER fol its assets are either
in government sccuric2 in notes or bonds payable
in government paper.
- 1t il equally convenient as temporary or perina
nent Investment The notes always be sold TO-
within fraction of their face and accumulated into
rest and are the best security with banks as COLA
terals for discounts.
CONVERTIBLE INTO A SIX PER CENT 500
GOLD BOND.
In addon.to the very liberal interest on the notes
for hreeyears, this privilege of conversion is now
worth about three per cent per annum, for the curt
rent rate for go Bonds is not less than nine per
cent. pyentun1, and before the war the premium on
six per cent. u s. stocks was over twenty per cent.
1t will be that the actual profit this loan, at
the present market rate is not less than ten per cent
/ per annum.
IT'S EXEMPTION FROM STATE Or MUNICH
PAL TAXATION.
But aside from all the advantages wc'hace enum.
Grated special Aot of Congress eccmptS all 6onaS
a1lG TycaStry notes from local taration. On the
average this exemption is worth about two pcr cent
per anuum according to the rate Of taxation in var
Gus parts OF the country.
1t is believed that no securities offer great In
ducemants to lenders those issued by the govern
m ent In all other forms of Indebtedness the faitf
and ability of private parties, or stock companies,
separate communities, only, is pledged for payment
while the whole property of the country is helt
secure the discharge of all the obligations of th
United States.
While the government offers the most liberal term
for its loans it believes that the very strongest appea
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 are to be issued in blank or paya
bic to order. When endorsed 1t must be left wit
the officer receiving the deposit, to be forwarded
the Treasury Department.
Subscriptions will be received by the Treasurer
the United States, Mt Washington, the several Al
sstant Treasurers and designated Dopositares, an
5 by the
First National Bank OF Milton,
And by ALI National EanE1s
which are depositaries of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country, acting as agents of the NJ
tional Depository Banks,) will furnish further info
nation on application and
AFFORD EVERY FACILITY TO SUBSCRIBERS
August l3, 1861