American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-10-19
U. s. z-3o Loan.

THE Secretary Of the Treasury gives notice that sub
scriptions will bo received Coupon Treasury Notes
payable three yOprs from Aug 18th, 1s0. with scman
Hual interest of and thrce-tenths per
cent per annumprncpal and interest both bo paid
in lawful money
These notes will be convertible at the option Of the
holder at maturity, into SIX per gold bearing bonds
payable not less than five than twenty years
from their date as the Government may elect They
will be issued denominations of s5O $780, $780, $1,000
and s5Ooo aud all subscriptions must be for my dollars
multiple Of fty dollars.
The will be transmitted to ths FREQ Of
transportation charges after the receipt Of the
original Certificate of Deposit they can be prepared
As the notes draw interest from August IS persons
making deposits subsequent to that date must pay the
interest accrued from date of date of deposit.
Parties depositing twenty-five thousand dollars and
upwards for these notes any time will be allowed
commission of ouequarter Of per cent, which will
be paid by the Treasury Department upon the receipt of
bill for the amount certified by the officer with whom
the deposit made No deductions for commissions
must be made from the deposits.
Special Advantages of This Loan.
In NATIONAL SAVINGS BAND offering higher ratio
Of interest than any other and The best security. ANY
savings bank which pays its depositors in U. s. Notes
considers that it paying in the best circulating medium
of the country and cannot pay in anything better for
its own assets are either in government securities in
notes or bonds payable in government paper.
1t is equally conyeniet as temporary or permanent
investment. The mites always be sold for within
fraction Of their accumulated interest," and
the best security with banks eoaeras for discounts
Convertible into a Six per cent. $40 Gold Bond.
In addition the very liberal interest the notes for
three years. this privilege of conversion Is worth
about three per per annum for the current ratio for
$40 Bonds is not less than nine per cent premium and
before the the premium in six per cent U s. stocks
over twenty per cent. 1t will be that tho
tua profit on this loan at the present market rate
less than ten per cent. per annum
Its Exemption from State or Municipal Taxation.
But aside from all the advantages we have enumera
ted special Act of Congress erea,pts all bonds and
Treasury notes from iacal tdratioR. On the average
this exemption worth about two per cent per onnum
occording the Of taxation in various parts Of the
country.
lts believed that securities offer great induce
ments to lenders those issued by the government
In all other forms Indebtedness the faith ability
of private parties, stock companies or separate
muncs ouly, is pledged fsr 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 most liberal terms
for its loans it believes that the very strongest appeal
will be the loyalty and patriotism Of the people.
Duplicate certificates will be issued for all deposits.
The party depostiug must endorse upon the original
certificate the denomination of notes required, and
whether they are be issued In blank payable TO
der When endorsed it must be left with the officer
receiving the deposit be forwarded to the Treasury
Department.
SUBSCRIPTIONS WILL Bg RECEIVED by the Treasurer
the United States Washington the several Assistant
Treasurers and designated Dopositarios, and by tho
First National Hank of
Allegheny City Pa. First, Second, and Third National
Banks of Pittsburgh Pa, and by ail National Banks
which are depositaries of public money and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further information and
AFFORD EVERY FACILITY TO SUBSCRIBERS,