Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-11-26
u. S. 7-s0 LOAN.

The Secretary Of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes, payable three years from August 10Th 1854
with semiannual interest at the rate Of seven and
three-tenths per cent. per annum,--principal and
interest both to be paid in lawful money.
These notes will be convertible at the option Of
the holder at maturity, into sixper cent. gold bear
ing bonds payable not less than five nor more tha-
twenty years from their date, the government may
elect. They will be issued in denominations Of $50,
slOO, $500, 81 900 and s5000 and all subscriptions
must be for fifty dollars some multiple of City
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
prepared.
As the notes draw interest from August 15 persons
making deposits subsequent to that date must pay
the interest accrued from date Of note to date Of
deposit.
Parties dcpositing twenty five thousand dollars
and upwards for these notes at any time will be
allowed commission of one.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 was made No
! deductions for commissions must be made from the
deposits.
special Advantages Of this Loan.
| IT IL NATIONAL SAVINGS BASK offering a high
er rate Of interest than any other, and the Jest seen.
r'ty. ANY savings bank which pays its depositors in
T. S. Notes, considers that It is paying in the best
circulating medium Of the country, and il cannot
pay in anything better, foI its assets either
in government securities or in notes or bonds payable
| in government paper.
| 1t is equally convenient as a temporary perma
nent investment. The notes can always be sold 70.
within fraction of their face and accumulated ne
rest and are the best security with banks colla'
terals for discounts
CONVERTIBLE INTO A SIX PER CENT 5.2C
GOLD BOND.
In addition to the very liberal interest on the notcc
for threeiyears, this privilege of conversion is
worth about three per cent.per annum, for the curt
rent rate for 500 Bonds is not less than nine pei
cent. premium, and before the war the premium OF
six per cent. T. s. stocks was over twenty per cent
1t will be seen that the actual profit on this loan, al
the present market rate is not less than ten per cent
per annum.
ITS EXEMPTION FROM STATE OR MUNICH
PAL TAXATION.
But aside from all the advantages we haee enum
Grated. special Aot of Congress eremptS all bond.
and Treasury notes from local tazatiou. On tn,
average, this exemption is worth about two rer cent
per anuum according to the rate of taxation in vari
GUS parts of the country.
1t is believed that securities offer SO great In
ducemonts to lenders those issued by the govern
IN ent. In all other forms of Indebtedness the faitl
and ability of private parties, stock companies o.
separate communities, only, is pledged for payment
while the whole property of the country is hel,
secure the discharge OF all the obligations of th
. United States.
While the government offers the most liberal term
for its loans it believes that the very strongest appea
VIII be to the loyalty and patriotism of the people
Duplicate certificates will be issued for all deposits
Ihe party depositing must endorse upon the origin
al certificate the determinations of notes required
and whether they are to be issued in blank or paya
BILE to order When endorsed It must be left will
the olcer receiving the deposit, to be forwarded t.
the Treasury Department
Subscriptions will be received by the Treasurer o
the United States, at Washington, the several As
sisGnt Treasurers ard dcsj sjsnated Depostarics aut
by The
First NGl1.C1isE fSaE.Sf Cc Milton,
And by an National EEanlxa
which are depositaries of Public money, and all
RESPECTABLE BASKs AND BANKERS
throughout the country, (acting ms agents of the Ma
tional Depository Bans) will furnish further infor
nation on application and
AFFORD EVERY FACILITY TO OSUBSCRIBERS
August IS, 1864