Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-10-22
u. S. 7-3G LOAN.

Tho Secretary of the Treasury gives notice that
subscriptions will be receive cd for Coupon Treasury
Notes payable three years from August 18th 1864,
with scmi-annual interest Mt the fate of and
three-tenths per cent. per num,-pfincipal md
interest both to be paid in lawful money.
These notes will be convertible at the option Of
the holdec a. maturity into six-pcr cent gold bear
ing bonds, payable not less than five nor more than
twenty years from their date, the governmc"tm may
elect They will be issued in denominations of $50,
$780, $500, 81 900 and $1,000, and all subscriptions
must be for fifty dollars or some multiple of fifty
dollars.
The notes will be transmitted to the free Of
transportation charges after the receipt Of
the original Certificates of Deposit they be
prepared.
As the notes draw interest from August 5, persons
making deposits subsequent to that date must pay
the interest accrued from date of note to date of
deposit
Parties deporting twenty-five thousand dollars
and upwards for these notes at any time will be
allowed commission of one-uarter of 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 is A NATIONAL SAVINGS BANK, Offering high
er rate of interest than any other. and He best SecU
rify. Any savings bank which pays its deposors in
IT, S. Notes, considers that it is paying in the best
circulating medium of the country and it cannot
pay in anything better, foI its assets either
in securities or in notes bonds payable
in government paper
1t is equally convenient as a temporary perma-
nent investment Thv notes can always be sold for
within fraction of their face ana accumulated ntc-
rest, and are the best security with banks COLA
tcrals for discounts
CONVERTIBLE INTO A SIX PER CENT $50
GOLD BOND.
In addition to the very liberal interest the notes
for three years, this privilege of conversion is now
worth about three per cent per annum, for the curt
rent rate for 500 Bonds is not less than nine per
cent. premium, and before the war the premium on
six per cent U. S. stocks was over twenty per cent
1t will be seen that the actual profit this loan, at
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 cnum-
Grated. special Aot of Congress crempts all bOnaS
anil Treasury mites JrOm iocai tarati0H. On the
average, this exemption is worth about two Ter cent.
per anuum, according to the rate of taxation in yari
Gus parts of the country
/ 1t is believed that no securities offer so great In
ducemsnts to lenders those Issued by the govern
mcnt. In all other forms Of Indebtedness, the faith
and ability of private parties or stock companies OF
separate communities, only is pledged for payment
while the whole property of the country is held
secure the discharge of al! the obligations OF thl
/ United States.
While the government offers the most liberal terms
for its loans it believes that the very strongest appeal
will be to the loyalty and patriotism of the people
Duplicate certificates will be issued for all deposits
The party dcposting must endorse upon the ortgtR'
! al certificate the denominations Of notes required
and whether they are to be issysed in blank or paya
bic to order When go endorsed 1t mus, be left Will
the officer receiving the deposit to be forwarded tC
the Treasury Department.
Subscriptions will he received by the Treasurer Of
the United Siatcs, at Washington, the several As
sstant Troasurcrs and designated Dcpo.itares, and
by the
First SaiiOuai Rank of Milton.
4Eul by nIi TagiOm;ti zinElIs
which are depositarics of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country, (actpg agents of the Ma
tioral Depository Bunks,) will furnish further infor
nation on application and
AFFORD EVERY FACILITY TO SUBSCRIBERS
August Is, 1864