North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1864-11-16
L.. 80 Loan.

The Secretary ofhe Treasusy gives notice ,ha4
subcriptions will be received for Coup In Treasury
notes payable three years from Aug l5tb Iael
with smi-anual interest at the rate Of seven and
three three tenths' per cent per anryum prncipa
| and!ntrest both to be paid in lawful money
Thee notes will be convertible at the option oa
the holder at maturity into six per cent geld bear.
ing bonds, payable not less than FIVE nor more than
! twenty years from their date, as the Government
may elect They will be issued in IeDe,nination
1850 $780, $500, 81, 600 al S. COO and all sub-
scriPtons must be for fifty dollars or some multipt
of fifty dollars ..r. ...-.
The notes will &c transmitted to the owners free
OF transportation charges after the recep
the orginul Certificates Of Deposit as they can be-
prepared.
As the notes draw interest from Auoust ls r.,.
sons making deposits subsequent to that date nust
pay the interest accrued from Of note to date of
deposit.
Parties depositns twenty FIVE thousand dsllar
and upwards for these notes any one fine wi lib
allowed acommission of one quarter Of one per cen
rhich VIII be paid by the Treasury Department opt
On The receipt Of bill for the amount certified I'm
by the officer with whom the deposit was made Ne
deductions Tor commissions must be made from the
deposits I"
SPECIAL ADVANTAGES OF THIS LOAN
IT is A NAricNAL SAVINGS BANK, Offering higher
rate intcret than any other AMI the best securing
AIRY savings bank which pays its depositors ~ u b.
Notes consider that it s paying in the best crcula-
ing medium Of the country, ana it cannot pay i'm
anything better, for its are either in gov
ernment securities or in netes bonds payable in
government paper. y~ ~s. 81
1t is equally convenient as temporary or pelnaS
nent investment. The notes can always be sold for
within fraction Of ther Ia and accumulated inte-
rest and arc the best secuuy with banks eoiate-
rails for dis cunts.
CoNvERrlELE INTO ASK PER CENT $40 GoLD RoND.
In addition to the very liberal interest ON tho
for three years this privilege of conversion 10
worth about three per cent per annum, for the
current rate fer 20 BoIds is not less than nine
per cent premium, and before the th. premium
on six percent, L. >. stocks was over twenty psr
cent, 1t will be seen that the actual profit on this
loan, at the present market rate not less than ten
per cent. per annum.
ITs EXEMPTION FROM STATE or MUNICIrAL TAxATIeM
But aside from all the advantages we have emu
moraed, special Act Of Congress erenpLS all bends
and Trcd.1ny notes from local taratton. On the
average, III exemption is worth about two per cent.
per annui occordlpg to the rate of taxation in
rious parts Of he country.
1t is believed that securities offer so great i'm.
ducements to lenders those issued by the govern
meut In ali other forms of Indebtedness the faith
ability Of private parties stock cOmpa MES or
seperate communities, only, pledged for payment
while the whole property Of he countr is held TO
secure he discharge Of all the obgai lions of the
United States
While the government offers the most liberal
terms for its loans it eievc dthat the very strong
est al peal wl! be TO tn loyalty and patriotism Of
the people
Dupicate certificates will be Issued for all de
posits. The purity deposiing must endorse upon
the original certificate the Denomination of notes
required and whether they to be issued in blapk
or payable to order Wien endorsed il must be
left with the officer receiving the deposit 10 be for
varied to til Treasury Department.
SuTcaip'i' Is viii lie received hy he Treasurer of
/ the United STATES, - ashinaier ,hc several Ar-
sistant Treasnrers ana Designated Depcsitar,et, aad
/ hp tho
! FIRST AND SECt Nd NATIONAL BANKS OF
/ SCRANTON FIRST NATIONAL, BANK OE
ToWANph
anl by all National Banks watch are rspostaries of
public money, aud
| ALL RESPECTABLE BANKS AND BANKERS
thr oughout the country Will give further information
| a Il
AFFORD EVERY FACILITY TO SUBSCRIBERS