North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1864-10-05
.V!SS. fo3OIOa5


a. The Secretary Of the Treasury eiye,lno,ice III.
subcr ptions will be rece ived for eoupln Treasur
notes payable three years from Aug yl5th 1864
with eni-a uual interesf af sfhe rate of seven and
three 'hree-tenths pera cent per annum, ,-prineipa
ahaintrest both 10 be paid in Ia wfRl money. .-
Ihee notes will be convertible at the option Of
the noider at maturity into six per cent gtJd bear
ing oonus payable not less than five nor more tbaR
'ooH'y years from their date, as the Government
may eieet. 16ey will be issued in denominations
VI ~ 0ioo' @2ou, sI UUO aaq s. ,000 and ell sub
of ftydoIlars s.t - oO--0 AA --''p''
Tn notes will re transmitted to the ,wnar. fra.
OF transportation charges after the RECENT a,
the onglnul Certificates of Deposit as thew can =.
prepared, ri 3a 3.at s5f at
As the notes draw interest from August TX 80 -
Sons making deposits SUBSEQUENT TO that date nust
pay the interest accrued from date of note date sf
deposit. lsaosss;maloJ = ssis0 al s.i -crss 81.
Parties depositing twenty Eve thousand dslAr
ana hpwaRdsoior These notes h any ON tAae will
allowed commission of one quarter of ons Pc ,st.
which wall be paid hsE the Treasury Deparln. m nm
on the receipt OF bill for the amount, eerli.. l.
by the ofhcer with whom the depost was made Ne
deductions Tor commssi OBS mast be made from the
deposits. -sa....of ar.7aa r..eF... 1900 " go
= SPECIAL ADvAGTAGE Is OF THIS LOAN.
1t Is NATIONAL SAVINGS BANK, Offering a. higher
: sc: u 7 20 tsaEEsss aErrE s#s "a -,,s.i..
rate OF interest than any other and the best securing
Any savings bank which payssits depositers ir u; s.
ing medium OF the country, and il 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 tempersry or pelm2-
nent investment The notes can aIwaps be sold for
within fraction of heirfa zee and accumulated inte
rest and the best security with banks as,colIats-
rails for discounts s-g r--.. ...+.s- All .s 80
CONVERTIBLE INTO ASK PER CENT $40 GOLD BoKH
In addluonz to the very liberal interest the
for
now worth about three per cent per annum for the
current rate for 6-20 Bonds is not less than nine
per cent? premium, and before the war the premium
on six percent, I. >. stocks was over twenty psr
cent 1t viii bes seen that the actual profit on this
oan at the present market rate is not less than ten
per cent. per annum. ---.-.-t
ITS EXEMPTION FROM STATE OR MUNICIPAL TAxArIos
But aside from all the advantages we have emu
m"rateda special Act Of Congress erempts all bonds
and Treasury notes from local tardtton. On tha
average, tbs exemption is worth about two per cent
per annum, according to the rate Of taxation in
riOus parts of the country ..- ~ ......
1t Is believed that securities offer so great in
ducements to lenders those Issued by the govern
ment. In all other forms Of Indebtedness the faith
ability Of private parties or stock companies or
seperate communities, only, pledged for payment.
while the whole property of the countrT is held to
secure the discharge Of all the obligations of the
United States -... Go.
While the government offers the most liberal
terms for its loans it believe dthat the very strong
est appeal Will be to the loyalty aad patriotism Of
the people ...... -
Duplicate certificates will be issued for all de-
posits. The party depositing must endorse upon
the original certificate the denomination of notes
required and whether they 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 to tll' Treasury Department.
SubTeaptons will be received by ;he Treasurer Of
the United States, at Washington, the several A.
sisant Treasurers and desgna ted Depositaries, aad
bp the
FIRST AND SECOND NATIONAL BANKS OF
. SCRANTON, FIRST NATIONAL BANK 0E
T0WANDA. .
and by all National Banks which are reposit aries of
public money, and .'.-s
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will gre further information
a d H.. ...-
AEEOED EAERN FACILITY TO SI-R -RSCRIRFR2