Lewistown gazette. [volume] (Lewistown, Pa.) 1843-1944, 1864-11-09
IT. S. 7-3O Loan.


IT. S. 7-3O Loan.
THE Secretary of the Treasury gives notice that
subscriptions will be received for Coupon Treasu-
ry Notes. payable three years from August 18th, 1884,
with semi-annual interest at the rate of seven and
three-tenths per cent per annum-principal and in
teFest both TO be paid in lawful money.
These notes will be convertible at the option of the
holder at maturity, into six per cent gold bearing
oonds payable not less than Eve more than twen-
ty years from their date as the may elect
They will be issued in denominations of $50, $780, $500
$1,000 and s5ooo and all subscriptions must for fifty
dollars or some multiple OF fifty dollars
The notes will be transmitted to the owners free Of
transportation charges as soon after the receipt of
the original Certificates of Deposit they can be pre-
pared.
As the notes draw interest from August Is persons
making deposits subsequent to that date must pay
the interest accrued from date of to date of de-
posit.
Parties deposltng twenty-five thousand dollars and
upwards for these notes at any one time will be al
lowed a commission of quarter of one per cent,
which will be paid by the Treasury Department upon
the receipt of bill for the amount certified to by the
officer with whom the deposit made. No deduc-
tions for commissions must be made from the de-
posts.
SPECIAL ADVANTAGES OF THIS LOAN.
Ir1sA NATIONAL SAVINGS BANK, offering higherrate
of interest than any other, and the best security. Any
savings bank which pays its depositors u S. notes.
considers that paying in the best circulating
dunn the country, and 1t cannot pay in anything
better, for its own either in government
securities bonds payable in government
| paper.
1t is equally convenient as temporary or perma-
| nent investment The notes always be sold for
within fraction of their face and accumulated inter-
est and are the best security with banks coateras
| for discounts.
| Convertible into a per cent $50 Bond.
In addition the very liberal interest the notes
for three years. this privilege of conversion is
worth about three per cent per annum for the cur
rent rate for $40 Bonds is not than nine per
premium, and before the the premium six per
cent U. s. stocks twenty per cent. 1t will
be seen that the actual profit this loan at the pres
ent market rate, not less than per cent per
mum.
Its Exemption from State or Municipal Tax
atiOn.
But aside from all the advantages we have enumer-
ated, special Act of Congress erepts all bonds and
Treasury notes from local taxation. On the average
this exemption is worth about two per cent. per
num- according the Of taxation in various parts
| of the country.
1t IS believed that securities offer great in
ducements to lenders those issued by the govern
ment In all other forms of Indebtedness, the faith
ability of private parties, stock companies,
separate communities only, is pledged for payment,
while the whole property of the country is held
cure the discharge of all the obligations of the United
| States.
While the government offers the most liberal terms
for its loans believes that the very strongestappeal
will be to the loyalty and patriotism of the people.
Duplicate certificates will be issued for all deposits.
The party depositing endorse upon the original
certificate the denomination of the required,
and whether they are to be issued blank or paya-
|
the officer receiving the deposit to be forwarded TO
the Treasury Department
SUBSCRIPTIONS WILL RECEIVED by the Treasurer OF
the United States Washington, the several Assist
Treasurers and designated Depositories andbythe
First National Bank of Philadelphia, Pa.
Second National Bank OF Philadelphia, Pa.
Third National Bank of Philadelphia, Pa.
First National Bank of Altoona, Pa.
First National Bank of Carlisle, Pa.
and by all National Banks which depostaries Of
| public money and
| ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give furtherinformation
| AFFORD EVERY FACILITY TO SUBSCRIBERS.
| August TO- 1S64-3m
| JOHN Do WlslstElAS9
Real Estate Agent, Collector and
County Surveyor,
LEWIsrOWN, PA.