The Potter journal. [volume] (Coudersport, Pa.) 1857-1872, 1864-09-07
D. c. LARRABEE.
u. S. 7-3O LOAN.

The Secretary of the Treasury gives notice
that subscriptions viii be received for Coupon
treasury Notes, payable from Aug. 18th. 1864.
with semi annual interest at the rate ofsevep
ana three-tenths per cent per annum,-prin-
clpai and interest both to be paid in lawful
money.
! Ihese notes will be convertible at the ention
OF the holder at maturity, into six per cent
gold bearing bonds, payable not less than f,s
nor more than twenty years from their date
as the Government may elect They will be
issued IN denominations of $50. SlOo $500
9Looo and $4,000, and all subscriptions must
De Tor fifty dollars or some multiple of 6ftv
dollars.
The notes will be Transmitted to the owner,
Tree OF transportation charges as soon sfter
the receipt of the original Certificates Of Dc
post as they can be prepared.
AS the notes draw interest from Apo,s.,,
persons making deposits subsequent to tb,,
date must pay the interest accrued from do,s
of note to date of deposit.
Parties depositing twenty-five Thousand
dollars and upwards for these notes at snvono
Time VIII De allowed commission of one.
quarter OF one per cent, which will he maid
0y the Treasury Department upon the rece;n.
OF the bill for the amount certified tn br -.
officer with whom the deposit was made NJ
deductions for commissions must be mada
from the deposits
SFhCL4A ADEfNT1GES Of Mi, LOAE
IL Is National Savings Bank. Offering q
higher rate of interest than anv other a,d
tie best seca0i,y. Any savings bank which
pays It's depositors in L. S. Notes considers
that 1t Is paying in The best circulating me-
dunn Of the country, and it cannot pay in any,
thing better, for its own assets are either in
government securities or in notes or bonds
payable in government paper.
1t is equally convenient rs a temporary or
permanent investment. The notes can AL
ways be sold for within fraction of their
face and accumulated interest and are tho
best security with banks as collateral, for
discounts.
Coac9t55'e into Six per cent. 500 Gold Bond,
In addition to the very liberal interest on
the notes for three years. this privilege Of
conversion isnow worth about three per cent.
for the current rate for 5. 20 Bonds is not less
than "lnePer cent. premium, and before the war
the premium on six per cent. Z. S. stocks was
over twenty per cent It will be seen that
the actual profit on this loan, at the present
market rate, is not less than ten per cent. per
aHnum.
Us LremP'jon from State or Nunicjpql Td1ation.
But aside from all the advantages we have
enumerated. a special Act Of Congress e.
e".Dts all bonds and Treasury notes from local
taxation. 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.
1t isbeiieyed 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
property 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
Duplicate 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 be
issued in blank or payable to order. When.
so endorsed it must be left with the officer re-
ceiving the deposit, to be forwarded to the
Treasury Department.
Subscriptions will be received by the Treas.
nrer of the United States, at Washington, the
several Assistant Treasurers and designated
Depositaries, and by the
First National Bank of PHILADELPHIA, Pa.
First National Bank of Danville, Pa.
First National Bank of Erie, Pa.
First National Bank of Pittsburg, Pa.
md by all National Banks which are deposit
.aries ofpublic money, and
AR Respectable Banks and Bankers
throughout the country will give further in
and
Afford e0ery Facility to Subscribers,
[l93m]
I'D A. STEBBINS & Co. are closing up.an
Il Il L.