Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-07-09
u. S. 10-40 BONDS.

These Bonds are issued unier the Act Of Congress
issued updor this Act she'll BE- EXEMPT FROM
TAXATI0Nhy under anystato or municipal nr
hority. Subscriptions TO these Bonds are received
in United States notes or notes of National Danks
They are TO BE REDEEMED IN COIN at the
pleasure Of the Government, at any period no, h,y
than ten nor more than foyty gears from ther
date, and until their redemption FIVE PER CENT
| INTEREST WILL BE PAID IN COIN, ON Bond,
Of not over hundred dollars annually aud on all
other Bonds scmi.q annually. The interest is payable
on the first days Of March and September in each
years
Subscribers will +tceivc either Registered or Cou.
Tcn Bonds, as they may prefer. Registered Bonds
are recorded on tho books Of the L :. Treasurer.
and can be transferred only ou the owner ORDER
Coupon Bonds are payable to bcptc-, rnd more
convenient for commercial uses.
Subscribers to this loan will have the option Of
heving their Bonds draw interest from March lst by
payine accrued interest in coin--ior in UuItyl
States notcs or the notes oil National Banks, adding
fifty per cent for prCmumJ receive them draw
lug interest from the date Of subscription and deposit
As these Bends are
Exempt tr0an Tsuuicipal or State
IFaXHtium,
there vaac is increased from to three per cent.
per nnnum, according TO the rate Of tax lc,ies in
rious parts of tho country.
At the present rate of premium gold they pay
OVER EIGHT PER CENT INTEREST
in currency, and are Of equal Convenience rcr.
msncnt or temporary Investment
it is believed that no securities olcr 50 great in
ducemcns to lenders the various descriptions of
|. 5. Bonds In all ether forms of indebtedness tho
faith Ghility 5r private parties stock compauirs
only is pledged for payment, while for the debts Of
the United Eta,.7 the whole property Of the cou-
try is holden the payment Of both principal
uEl interest in coin.
These Bonds may be subscribed for in sums from
%50up to any magitudc. on the same terms, aud arc
thus madc equally available to the smallest lender
and the largest capitalist. They be converted
into money at any amount and the holder will have
the benefit Of the interest.
It may hc rscrll to state in this connection thn
the total Funded Debt of tho United States on which
intcros; is payable in gold ON the ID day rf March,
1864, was SItS, 10000 The interest ON this debt
for the coming fiscal year will be Si5937 l2G, white
the customs revenue in gold for the current f-ca'
year, ending Tune 31h 1864, has been 50 Ear at tLe
rate of over 500 GEO 200 per annum
II viii be seen that even tho present gold revenues
of the Government largely in of the wants
Of the Treasury for the payment of gold interest.
while the recent ncrense of the tariff will doubtless
raise the annual receipts from customs the same
amount of mrortations to Sl5O 600 600 per annun
Instructions to the National Banks acting loan
agents we're not issued FROM the United stath 1rca
sury until March 25, but in tho first three weeks of
April the subscriptions averaged more than Ten
MtLLIONSA \ WEEK.
Subscriptions will be received Ivy tho
Erst Rational Bank Of Ihadclphia Pa
Second National Gank of Philadelphia, Pa
Third National Bank of PHILADELPHIA, Ia.
First National Bank of nnnyillc Pa
And by uH National BANKS
which are depositarics of Public money and all
RESPECTABLE PhNKs NND BANKERS
throughout the corntry, lactinS agent. Of tn" VA
tona Depository Banhsl will furnish furthc~ uior
nation on application and
AFFORD EVERY FACILITY TTQSCBSCRITERS
/ May :, 1864.