North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1864-08-10
IT. S. 7-3O Loan

rhs Secretary Of the Treasuy gives notice that
.,h.cr;ntons will be received :,r coupon Treasury
Eot.s. payable three years fro'n Aug al5'a, 1864,
v;th ,smanual interest at the rate OF seven ana
brsa three -tenths per cent per annum ,-principal
nd interest both to be Paid IN lawful money.
II TL.,s rotes will be convertible ut the option OF
,k bST7er at maturity, into six per cent geld bear
-; honds payable not less than FIVE more than
twenty years from their date, the Government
NAV elect. They will he issued in denominations
of $50, $780, $780, 81 900 aaq S., 900, and all sub
sciptons muAt be for fifty dollars or some multiple
of fifty dollars
The notes will be transmitted to the owners fee
Of transportation charges after the receipt of
the orignul Certificates Of Deposit as they can be
tprcpsred,
As the notes draw interest from August l5 per-
sona making deposits subsequent to that date must
pay the interest accrued om date Of note to date of
deposit
and upwards for these notes at any time will be
allowed mIhission of one quarter of one per cent
which will be paid by the Treasury Department up
on the receipt of bill for the amount certified to
by the officer with whom tho deposit was made No
deduct ions for commissions lust DO made from the
deposits.
SPECIAL ADVANTAGES OF THIS loan.
" rs NATIcSAL SAVINGS BANK: Offering higher
rate of interest than other AMI tie best Securinr.
Any savings bank which pays its depositOrs III L =
Notes, consider that it is paying in the best circua
ing medium Of the country, and it cannot pay in
anything better for its assets either in gov
ernment securities IN netes or bonds payable III
government paper.
II is equally convenient temporary pelma-
nent investment. The notes can always be sold fer
within fraction of their face and accumulated iutc
rest and the best security with banks as coIlate-
rails for discounts.
CONVERTIBLE INTO ASK PER CENT $40 GoLD BOND.
In addition to the very liberal interest on the
for three years this privilege of conversion s
worth abou three per cent, per annum, for the
-aurfert for 620 Bonds is not less than nine
per ceRt, PREMIUM and before the the premium
on six per cent u. ). stocks twenty pr
cent 1t will be seen that the actual profit on th.
loan at the present market rate not less than
per cent per Gnnum.
Irs EXEMPTION FROM STATE OR MUNICIPAL TAxATIoS
But aside from all the advantages have emu
morateda special Act of Congress cremptS oil bonds
and Treasury notes from local tardttorI On the
Avsrage, III exemption is worth about two per cent
per Annum, occordirg to the rate of taxation in
rious parts Of the country.
It is eieyed that securities offer 30 great in
daceme' T. o lenders those issued by the govern
ment. In ali other forms of indeL Ltedness. the faith
ability of private parties stock companies, or
sepersts communities, only, pledged for payment.
while the whole property of the countrj is held to
secure the discharge Of all the obligations Of the
United States.
While the government offers the msst liberia
terms for its loans it believe dIha the very strong
est atpDal will DC to tbs loyalty All patriotism of
ths people.
Duplisate certificates will be issuel for all do
posits. The party depoSiting must endorse upon
She origind! certificate the denomination of notes
required, and %heher they to be issued in bian6
or payable to order. When endorsed it must DC
left with the officer receiving the deposit to be for
Warded to tn" Treasury Department
SubTcaiptions will &c received by the Treasurer Of
ths United States, st Washington the several A.
sisant Treasurers and dcsgnate ted Dcpositares, aad
bp the SIC.
FIRST AND SECOND NATIONAL BANKS OF
SCRANTON, FIRST NATIONAL BANK OE
T0WANDA.
and by all National Banks which Repositories of
public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further inio alton
sAd
AFFORD EVERY FACILITY To SUBSCRIBERS