Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-07-23
u. S. l0-40 BONDS.

These Bonds are issued under the Act of Congross
of March 9Th, 1864, which provides that all Bonds
issued under this Act shall be EXEMPT FROM
TAXATION by or under anystat or municipal au.
thorty. Subscriptions to these Bonds received
in United States notes or notee Of National Banks.
They are TO BE REDEEMED IN COIN, at the
pleasure OF the Government at any period NOT less
than ten than forty years from their
date. and until their redemption FIVE PER CENT.
INTEREST WILL BE PAID IN COIN, on Bonds
Of note hundred dollars annually and on all
other Bonds scmiannually. The interest is payable
on the first days of March and September in each
ycNra.
Subscribers will receive either Registered or Cou.
pon Bonds as they may prefer. Registered Bonds
are recorded on the books of the L. s. Treasurer,
and can be transferred only the owner order
Coupon Bonds are payable to bearer, and are more
convenient for commercial uses.
Subscribers to this loan will have the option of
having their Bonds draw interest from March lst by
paying the accrued interest in coin--tor in United
States notes or the notes Of National Banks adding
fifty per cent for Premium receive them draw.
ing interest from the date of subscription and deposit
rs these Bonds are
Exempt from Municipal or State
Taxation,
there value is increased f. ON to three per cent
per annum according the rate Of tax leves in va.
rious parts of the country.
At tn" present rate Of premium on gold they pay
OVER EIGHT PER CENT INTEREST
in currency, snd Of equal convenience as a per.
iusnent or temporary investment
1t is believed that no securities offer 80 great in.
L. :. Bonds, In all other forms Of indebtedness the
faith or ability of private parties stock companies
only is pledged for payment. ~hie for thu debts Of
tho United States the whole property Of tho coun-
try Is holden to the payment Of both priuclpal
and intercs' in coin
These Bonds may be subscribed for in sumo from
$50 up 10 any masitudo, the terms, and arc
thus made equally available 10 the snals,, lender
and the largest capitalist. They can he converted
into money nt any amount and the holder will have
tho benefit Of the interest
1t may be useful to state in this connection ths
the total Funded Debt Of the United States on which
interest !. payable in gold. the ID dav of March
1854, S7Gs 9GJ 600. The interest on this debt
for the coming fiscal year will bc SIS Q37l9S, whio
the customs revenue in gold for the current f.cat
year ending June 30th. 1864 has been FAR at the
rate Of over 500 ono coo per annum
1t will BE- seen that the present gold revenues
Of the Worernmeut largely in Of the wants
Of the Tre4sury for the payment of gold interest,
while the recent ncrcasc Of the tariff will doubtless
rGise tho annual receipts from customs ON the same
amount Of mportations to fljU, ,UoU On0 per annum.
Iustruetions& the Natioual Bank. acting II. loan
agents not issued from the United State Irca.
sury until March 70, but in the frat three weeks Of
April the subscriptions sveragcd more thsu TEN
MILLIONS 4 WEEK.
SvhscTi ptiJns will be received by tho
Fret National Bank Of Philudclphia Pa.
Second National BANK Of Plilaiclphis PA
Third Natiousl Bank Of Philadcphia, Pa.
Firsr National Bank Of Danyille, Ia
And by ali National Banks
which dopos,aries OF Public money, aud all
REsPEcTABLE BANKs Asp BANKERS
throughout the country acting as agents Of the Nn.
ional Depository Banks will furnish further iufor-
nation On application and
/ AFFORD EVERY FACILITY TO SUBSCRIBERS.