North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1864-08-12
u. 5. Ian L.oa

- s-----------e rssEs. - - 49,
Ipe Secretary Of tn Treasu-y givertnotice tn.
a1cF pt,ohs WI DO received for Coup lis Sfasur
mo,s Is payable three years from Aug 18th, lse4
,hra sm-ahaal interest at thesrata Of seven md
- -tenths per cent per Annnm. - principa
"npintrest Pi0l both 70 be paid In lawful money
be notes Will be convertible at the optiloa Of
Io.aer at maturity into six per cent geld bear.
ing bonds, payable not less thar vr nSr more th,,
t"ehty years from their date as the Government
may ~ eject They will be issued in Denominations
OF $50, 500, $500 s. 600 aao IS 0Gn and An 'snb
Of fifty dollars 'OAAo 'sA - - p pi0
ihenotes will ne transmitted to the owner, frcs
VI transportation charges after the recent OF
tne orlglnui Certificates of Deposit as they can be
prepared 1- "0
As the notes draw interest from August Is per
sons making deposits subsequent to that date must
pay the interest accrued from date of note date Of
deposit ss' q -ssFt ~ u: -ta--,-l'T {. 5 -9s-s
f%rt'es deposit'ng twenty-five Thousand dollsr
anu aP"hrds tor these notes at any one time wilib
ailo"el acommlssion of one e-quarter Of ono p ~
"hch wal be paid By the Treasury Departu Mtupe
on the receipt of bill for the amount certiA -
by the officer with whom the deposit was made Nc
deduct ions forcomulissions must be made from TIE
deposits. -
SPECIAL ADVANTAGES OF THIS LOAN
1T IsA NATIONAL SAVINGS Bank, Offering higher
rase ofinterest than any other and Me best securing
Any savings bank which pays its deposit1rs IN L. S.
A'OtSoi IL paying III DeSb Icula-
ing medlum OF the country, and it cannot pay in
anything better for its assets are either in gov
ernment securities or in netes bonds payable IN
government paper.
1t Is equally convenient as temporary orpeims--
nent Investment. The notes can aiways be sold for
within a fraction of theirf4ce and accumulated ints
rest and are the best security with banks as coInte
rails for discounts -
CoNyEaTlB1E IsTo SfxpER CENT 552gGou pBssb.
In addluon to the very liberal interest the
r
now worth about three per cent per annum for the
current rate for 6-ZO Bonds is not less than nine
per cent, premium, and before the war the uranium
on SIX psrcent, Us stocks was over twenty pr
cent, ltRi be seen that the actual profit on this
loan, at the present market is not les, ten
per cent per annin. 1 st-fs -
LIS EXEMPTION FROM STATE OR sAfUNIeIrA AL TLxArIoS
But aside from all the advantages we hsves emu
m"raed,s @ special Act Of Congress ersmpts aHbonds
and Treasury notes from Iocal tar1ttora. Oh the
average, th exemption is wofth about wopsr cont
per annum oecordirg to the rate Of taxation in va
rious parts of the country.
1t IS oeileYed that nosecurties offer so greatRiR-
ducements 10 lenders asthose issued by the govern
ment In ali other forms Of Indebtedness the faith
or abllty OF private parties stock companies or
seRerate communities, only, pledged for pasment
"h'e the whole prof. e-ty of the countr held to
securet discharge of all the obligations of the
United States. e #g-s b
While the govemnrent offers the most liberal
tcr'nsi0r it's leans tbeeve dthat very Strong
est APPEAL viii be to the loyalty and patliotis ID Of
the peop,e.
Duplicate certificates will be issued rsaIl de-
posts. The party deposting s1pu.t endorset upon
the original certificate the denonin nation of notes
required, and Shetherthey are to be Issued in blank
or payable to order When endorsed it must be
left with the officer receiving the deposit to be,for
warded 10 th'' Treasury Department s- h.F q $50
SubTeaiptioDs will be received by the Treasurer Of
the United States, at Washington, the several As-
slSiant Treasurers and designated Depositares aad
bp the AA -'
FIRST AND SECOND NATIONAL BANKS Of
SCRANTON FIRST NATIONAL BANK OE
+ ~ TOWANDA. r. /EtgLk
and By all National Banks which are Repositories OF
public money, and
ALL RESPECTABLE BANKS. AND BANKERS
a d ' go f's p 81
AFFORD EVERY YFAC1LITY TO SUBS CRIBERs