The Potter journal. [volume] (Coudersport, Pa.) 1857-1872, 1864-12-14
u. s. 7-3O LOAN


The Secretary of the Treasury gives notice
that subscriptions will be received for coupon
Treasury Notes, payable from Aug loth' Ioo+'
with semi-annual interest at the rate oIseEeh
and three-tenths per cent. per annum,-prln-
cipal and interest both to be paid IN lawful
money.
These notes will be convertible at the option
Of the holder at maturity, into six per cent
cold hearing bonds, payable not less than i've
nor more than twenty years from their date,
as the Government may elect. They will be
issned in denominations of $50, Sl0O, $500,
al 600 and So 600, and all subscriptions must
be for fifty dollars or some multiple OF htty
dollars.
The notes will be transmitted tothe owners
free of transportation charges as soon a1ter
the receipt of the original CeruhcateS OF Oe-
posIt as they can be prepared.
AS the notes draw interest from August 10,
persons making deposits subsequent 10 tha'
date must pay the interest accrued from Date
of note to date OF deposit =,
Parties depositing twenty-five thousand
dolIarsand upwards for these notes at any one
time will be allowed q commission OF one
onarter of one per cent, which will be paid
nv the Treasury Department upon the receipt
of the bill for the amount, certified to by the
officer with whom the deposit was made. No
deductions for commissions must be made
from the deposits.
,SpECIAL ADVANT4GES Of this LOAN.
Ifis National Savings Bank, offering Al
biqher rate of interest than any other, and
The best security. Any savings bank which
pays its depositors in o. 5. Notes, considers
that it is paying in the best circulating me-
dunn of the country, and 1t cannot pay In any
thing better, for its own assets are either IN
Government securities or in notes or bonds
PAYABLE in government paper
II Is equally convenien: as temporary or
,ormanent investment The notes can al
ravs he sold for within fraction Of their
face and accumulated interest, and are the
haet security with banks az collatterals for
discounts ....s...
Convertible into a Sir per cent $40 Eotd Bond.
In addition to the very liberal interest on
the notes for three years, this privilege OF
conversion is now worth about three per cent.
for the current rate for 500 Bonds is not less
than nine per cent. premium, and before the war
the premium on six per cent. d. ;. stocks was
over twenty per cent 1t will be seen that
the actual profit on this loan, at the present
market rate is not less than ten per cent. per
annum.
n, Exemption from State or NuaicipqI Idrat'on.
But aside from all the advantages we have
enumerated, a special Act Of Congress e.
,mpts all bonds and Treasury notes from t0cat
t,tation. On the average, this exemption Is
worth about two percent. per annum, accord
ing TO the rate of taxation in various parts OF
the country. ---r :. -. -.
II isbelieved that no securities offer so great
Inducements to lenders as those issued by the
government In all other forms OF Indebted
ness the faith or ability of private parties, or
stock companies, or separate communities
only IS pledged for payment, while the whole
nronerty of the country is held to secure 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 to the loyalty and
patriotism of the people.
Drnlicate certificates will be issued for all
deposits. The party deposlting must endorse
upon the original certificate the denomination
of notes required, and whether they are TO De
.ssued in blank or payable to order. "heh
so endorsed it must be left with the officer re-
ceiyiug the deposit, to be 1orWarueu 10 Tue
Treasury Department.
Snhscriptions will be received by the Treas
prer Of the United States, at Washington, the
several Assistant IICdoulClo "AlN w. S4S--'
Depositares, and by the
First National Banl; of Philadelphia, Pa.
First National Bank of Danville, Pa.
FIRST National Bank of Erie, Pa.
First National Bank of PittSburg, Pa.
.ra hv ou National Banks which are deposi-
tsries ofpublic money, and
All RcspectaLle Banhs and Bankers
tbronobeut the country will give further in
formation and
I9ard eyery Facility to Subscribers.