Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-07-16
u. S. lO-4O BONDS.

These Bonds are hsued under tho Act Of Congrcs,
e; March stn, 1854, which provides that all Bonds
iSgusi under this Act shaIl be EXEMPT PROM
TAXATION b. OF rrjer anys,ato or municipal au-
th9ri,y Subscriptions % thcse ponis are received
in United States note. 20 notes Of National Banks
Thsv are TO PB RFoEEmED ~ cofN, at the
ILaaare Of ,he dovenmcn,, at any period NOT less
TO. t,1 wor ~1Jrs than f5yty gears from their
date, mi until ;t,ir rtlcn.ption FIVE PER CENT.
iSTEI. ...ST VIII. BE rAlD IN COTS, on Bonds
Of notoy,r one hundred dollars annually and on all
other Bonds scui-annaaliy. The interest is payable
on The first days Of March aud September in each
years.
Subscribers will receive either Registered or CoU
lon Bonds, as thcy may prefer. Registered Bonds
arc recorded the books Of the L. :. Treasurer,
and can be transferred only ON the owner order
Coupon Bonds are payable to bearer, and are more
convenient for commercial uses.
Subscribers to this loan will have the option Of
Layns their Bonds draw interest from March lst by
Yayirg the accrued interest in eon-(or in United
States notes or the notes of National Banks, adding
G.ty per cent for prcmium) receive them draw
ing interest from the date subscription and deposit
As these Bonds are
Excupt from, Municipal or State
I8Xa1i0n,
there value is increased from to three per cont.
per annun according to the rate of tax lc'cs in
Tious parts Of the country.
\, the lresent rate of premium on gold they pay
OVER EIGHT PER CENT INTEREST
in currency and arc of equal convenience per-
ruanent or temporary investment.
1t is believed that no securities offer so great in
ducements to lenders as the various descriptions of
s. Bonds. In all other forms of Indebtedness, the
faith ability Of private parties stock companies
only 9 pledged for payment, while for the debts of
the United States the whole property of the coun-
try is holden to the payment of both principal
and interest in coin.
These Bonds may be subscribed for in sums from
Soup TO any magnitude on the same terms, and are
thus made equally available to the smallest lender
and the largest capitalist. They can be converted
into money at any amount, and the holder will have
the benefit of the interest.
1t NAV be useful to state in this connection tha
tuc lOthl unucu DeDt OF tne Onlct states on Wncn
interest is payable in gold the Sd day of March.
1854, was S76S, ,gGj 600. The interest on this debt
fer the coming fiscal year will be 45,937,l26 while
the customs revenue in gold for the current iscat
year. ending June 3Oh, 1864 has been far at the
rate of over 500, 900. 900 per annum
II will be that even the present gold revenues
Of the Government largely in OF the wants
of the Treasury for the payment of gold interest,
while the recent increase of the tariff will doubtless
raise the annual receipts from customs on the same
amount Of importatons, to $500 600 per Nnnum.
Instructions TO the National Banks acting as loan
agents not Issued from the United State 1rea-
sury until March &C. but in the first three weeks Of
April the subscriptions averaged more than TEN
MILLIONS A WEEK.
Subscriptions will be received by the
First National Bank of Philadelphia Pa.
Second National Bank Of Philadelphia, PA.
Thhd National Bank Of Philadelphia, Pa
First National Bank of Danvilc, Pa
And by all National BANKS
. '..G sac I.positares Of Public money, and all
RESPECTABLE BANKS AND BANNERS
throughout the country, tactng agents of the Ma.
tona Depository Banks) will furnish further infor-
nation ON application and
AFFORD EVERY FACILITY TO SUBSCRIBERS
May :, 1864.