Raftsman's journal. [volume] (Clearfield, Pa.) 1854-1948, 1864-11-30
u. S. 7-3O LOAN.

The Secretary of the Treasury gives notice .l..
subscriptions will be received for Coupon Tres.
ry Notes. payable in three years from AuSu=. Z.
1864, with semi-annuaI interest at the rate Of s-
en- and three tenths per cent. per annum-prir.
pal and interest both t. be paid in lawful moass
These notes will be convertible at the optior
the holder at maturity, into six per cent. 81
bearing bonds, payable not less than FIVE nor
than twenty years from their date, as the 'zas
mont may elect They will be issued in dr.
nations of $50, 500. $500 $1,000 and S5O5, g..
subscriptions must be for fifty dollars or szs
multiple of fifty dollars.
The notes viii be transmitted to the ON
free of transportatio charges soon after
receipt of the original certificates OF deposi.
they can be prepared
AS the notes draw interest from August IS.
persons making deposits subsequent to that dz
must pay the interest accrued from date Of IL
to date of deposit.
Parties deposidng twenty five thousand dolIs
and upwards for these notes at any one time v.
be allowed a commission of one-quarter Of yEs
per cent. which viii be paid by the Treasurr
Department upon a receipt for the amount, cerl
fed to by the e4icer with whom the deposit
made from the deposits.
Special advantages of this Loan.
II Is a National Savings Bank Offering hc-
er rate of interest than any other. ana TEE 8rs-
SECURITY, Any savings bank which pays its -s
positors in Z. S Notes, considers that it is pay.
in the best circulating medium Of the COUNT
and it cannot pay in anything better, for its 7l
eft tber Mt or IN
bonds payable in government paper.
1t is equally convenient > a temporary CT I--
maneDt investment The notes can always "
sold for within fraction of their face and aeau'
muIated interest, and are the best security wiz
banks collaterals for discount.
Convertible into Six per cent. D.
GOLD BoSD.-In addition to the very liberal IL
terest on the notes for three years this PrTile5'
Of conversion is now worth about three per cent
per annum, for the current rate for $50 Bonds i
not less than NINE PER CENT. PREMIUM and before
the the premium on six per cent. l ; sio''t
over twenty per cent. 1t will be seen ta'
the actual profit on this loan at the present N
ket rate, is not less than per cent per ann"
Its exemption from State ana Aunl-
cIrAL TANAuoS.-But aside from all the advani-'
ges VIC have enumerated, a special Act OF Ton
gress ENEMrTs ALL bonds and Treasury notes iF'I
local taxation. On the average, this exemplo-
is worth about two per cent. per annum 'ee7''.
ing to the rate of taxation in various parts o.
the country.
1t is believed that no securities offer 50 gf,a-
inducements to lenders as those issued by the gov
ernment. In all other forms of indeht edness' '--
faith or ability of private parties,or .ock comp
nies, or seperate communities, only is Piea5''
for payment, while the whole property OF 'L'
country is held to the discharge OF al '-'
obligations of the United States.
While the government offers the most "''''
terms for its Loans, it believes that 'hV ~
strongest appeal will be TO the oyalty anu pau
otism of the people ,.
Duplicate certificates will be issued for al 1+
posits The party depositinE must endorse ~
the ORIGINAL certificate the denomination oi NV
required, and whether the' are to be lssu'4
bianF OF payable to order. When 50 endorse
must be left with the officer receiving tue dspO-'
to be forwarded to the Treasury Department
Subscriptions will be received by the ire'>'
of the United States. at ashington; the ss's
Assistant Treasurers and Designated Depos''A'''
and by the
First Nationa Bank Of Altoona'
and by all National .nks which are depo''A'''
of public money. an ALL REsPEcrAbLt
AND BaxKERs throughout the country WIN
further information and afford every l'o','l
subscribers. September =, ,----- loy- -
LARGE sToOK OF GLASS. paints; :
n -. 20 taa ate