Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-12-17
u. S. 7-90 LOAN.

The Secretary of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes, payable three years from August 10Th 1861,
with semi-aununl interest Mt the rate of and
thrce-tcnths per cent, per unnum, principal and
interest both to be paid in lawful money.
These notes will be convertible at the option Of
The holder at maturity, into six-pcr cent gold bear
ing bonds. payable not less than Eve nor more tha
twenty years from their date, the government may
elect They will be issued in denominations of $50,
$lOO 5000 81 900 and $1,000, and all subscriptions
must be for fifty dollars or some multiple of fIty
dollars.
The notes will be transmitted to the free Of
transportation charges after the receipt of
the original Certificates of Deposit they can be
prepared.
As the notes draw interest from August Is, persons
making deposits subsequent to that date must pay
the interest accrued from date of note to date Of
deposit
Parties depositing twenty-five thousand dollars
and upwards for these notes at any time will be
allowed commission of onequarcr of one 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 made. n
deductions for commissions must be made from the
deposits.
Special Advantages oS this E.oTn.
IT is a NATIONAL SAVINGS BANK, offering high
rate of interest than any other and tie best SecH-
ri'y. Any savings bank which pays its deposors in
T. : Notes. considers that it is paying in the best
circulating medium Of the country, and it czNaot
pay in anything better foI its own assets are either
government securities in notes bonds payable
in government paper.
1t is equally convenient q temporary or pcrrna
nent Investment. The notes can always be sold TO
within fraction Of their face and accumulated into
rest, end the best security win banks COLA
terals for discounts
CONVERTIBLE INTO y SIX PER CENT $50
GOLD BOND.
In addition to the very liberal interest on the notes
for hrcesyears, this privilege of conversion is now
worth about three per cent per annum, for the curt
rent rate for $50 Bonds is not less than nine per
cent yrCa,iW1, and before The war the premium on
six per cent L. s. stocks was over twenty per cent
1t will be that the actual profit on this loan
the prcscn market rate is not less than ten per cent
| per annum.
| ITS EXEMPTION FROM STATE OR MUNICI
PAL TAXATION.
I
Grated II special Aot Of Congress cremyts all Lond
a1d Treasury mites from local taroHoa. On th
average, this exemption is worth about two Ter cent
per anum, according to the rate of taxation in vari
Gus parts Of the country.
1t is believed that no securities oifor so great In
duccm0ns TO lcuders rs those issued by the govern
m cnt In al! other forms Of Indebtedness the f0itl
and ability of private parties, stock companies, 0
separate communities, only, is pledged for payment
while the whole property of the country is hell
the discharge of all the obligations of th
United States.
While the government offers the most liberal tern,
for its loans it believes that the very strongest appea
will be to the loyalty and patriotism of the people
Duplicate certificates will be issued for ali dcrosit!
The party deposGHe must endorse upon the origin
al certificate the denominations OF notes required
and whether they are to be issued in 1anl, or paya
BILE to order. When endorsed 1t must be left wit
the officer receiving the deposit, to be forwarded
the Treasury Department.
Subscriptions will be received by the Treasurer {
the United States, at Washington, the several A.
sistant Troasurcrs and designated Dcposarics an
by the
First National Bank of Milton.
And by ALI National Banks
which ore derositaries of Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country, (acng as agents Of the y,
tiOnal Depository Banls) will furnish further info
nation on application and
AFFORD EVERY FACILITY TO SUBSCRIBER!
August -, IS64