North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1864-09-21
U. S. Z 80 Loan

me Secretary Of the Treasu. gives pot;es nh
subscriptions VIII be received for Coupon Tr.ss.
notes payable three years from Ane Js,h Iss A
WIFE senl ahual interest at the rate Of seven asd
and,n..rsst ba.f Per cent per annum, m,-principA
andioterest poth to he paid in lawful MONEY
These notes will be convertible at tha ,.;, -,
ho no'Ger a' maturity, into six per cent gid he.r
ing bonds, payable not less than five nor more than
r"en.S Se"Is i19m Their date, the Government,
may elect They will be issued in 1eno,oira,;nns,
OF SoU, SlUO, 500, $1,000 aaq S. 600 ana ali snb-
scriptiohs must be for fifty dollars or some n,t;nIa
/ Of fifty dollars. --H4'iPio
/ Inc notes will transmitted to the owners FREQ
oi transportation charges soon after the recet =,
nrennred u deposit as they can be
AS the notes draw interest from Auoust * mar.
~ +ba $50 NC FoSi'S subsequent 10 that date must
! deposit. ''e u ho'e 'oosts Oh
Partles depositing twenty-five tbor.ard d.u..
on Np""fus lor these notes at any one tins viii As
alIoTea acoumsslon Of one-quarter Of one psr cent
"n.Ih "l'i ce paid by the Treasury Department up.
on tne receipt OF bill for the amount certified 10
by the officer with whom the deposit was n,oaa ~
deductions for commissions must be made from tbs
deposits N 'As
SPECIAL ADVANTAGES OF THIS LOAN,
II Is NATIONAL SAVINGS BANK Offering a. higher
rate ofnterest than any other and the best secrins
any savings oahk which pays its deposiOrs ir l.. S.
Notes consider that it is paying in the hest c;rcpo
ing medium Of the country and il cannot nar :,
anything better for its own assets are either in rov
ernment securities or in netes or bonds payabIe in
government paper.
1t is equally convenient as temno,arvor ,aI
nent investment. The notes can aIwavs he soId fo-
within fraction of their flce and accumulated inta
rest ana are the best security with banks as colate
rails for discounts.
CONVERTIBLE INTO SIX PER CENT. $40 Com Rorn
In addition to the very liberal interest on ths
notes for three years, this privilege of conyerson /.
now worth about three per cent per annum. for the
current rate tor 6-2O Bonds is not less than nins
per cent' premium, and before the the premium
on SIX percent, L. D stocks over twenty nap
cent 1t will be that the actual profit on III.
loan at the present market rate is not less than ten
per cent. per annum.
Its EXEhPTIoN FROM STATE OR MUNICIPAL TAxAr1os
But aside from all the advantages we have emu
morated special Act of Congress erempts aU bonds
and Treasury notes from local taratton On ths
average, Tn exemption is worth about two Der cent
per auhu' occordrg to the rate of taxation in va.
rlous parts of the country.
1t Is believed that securities offer so great Ia
ducemens to lenders as those issued by the goyern
ment In ali other forms Of Indebtedness The faith
or aplty Oh private parties, stock companies or
seperate communities only pledged for payment
while the whole property Of the country ia beI5 ~
secure the discharge Of all the obligations of the.
United States
While the government offers the most liberal
terms for its loans it believe dthat the very stronr
est appeal will be to the loyalty and patriotism or
the people.
Duplicate certificates will be issued for all de-
PosltS. The party depositing must endorse upon
the original certificate the denomination of notes
required, and whether they be issued in blank
or payable to order. When So endorsed it must be
left with the officer receiving the deposit to be for
warded to tn" Treasury Department
SubTcalptions will be received by the Treasurer Of
the United States, st Washington, the several A.
sstant Treasurers and designated Depositaries, asd
bp the
FIRST AND SECOND NATIONAL BANKS OF
eCRANTON, FIRST NATIONAL BANK OE
TOWANDA.
and by all National Banks which Repositories Of
public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further information
a d
AFFORD EVERY FACILITY To SUBSCRIBERS