Raftsman's journal. [volume] (Clearfield, Pa.) 1854-1948, 1864-09-21
u. S. 7-30 LOAN.

The Secretary of the Treasury gives notice tha.
subscriptions will te received for Coupon Treasu-
~ Notes payable in three years from August Is.
1861 with semi annual Interest at the rate of sev-
en- and three tenths per cent. per annum-prine-
pal and interest both t. be paid in Lawful money.
These notes viii be convertible at the option Of
the holder at maturity. into six per cent gold
bearing bonds. payable not less than i've nor more
than twenty years from their date. as the Govern
ment may They will be issued in denomi-
nations of $50, sl0G. 5000. I0OO and s. OGO, srd
subscriptions must be for fifty dollars or some
multiple of fifty dollars
The notes win be transmitted to the owner.
free of transportatio n charges az soon after the
receipt of the original certificates Of deposit as
they can be prepared
As the notes draw interest from August I5,s.
persons making deposits subsequent to that date
must pay the interest accrued from date OF note
to date Of deposit
Parties deposidng twenty & . ;hyas nj dol,ars
sUi upwards for these notes al any 0Ho time viii
be allowed CONN. is<:on III oue-qGarter of .I3
per cent. which will be paid by the Ir,y-arv
Department upon a receipt for the N out. c.rt,.
fed to by The officer with whom tho deposit w.s
made No deductions for commissions must bs
made from the deposits
Special advantages Of this Loan.
1t National Savings Bank. offering high
er rate of interest than any nthsf. and raE Bssr
SECURITY. ANY savings baub which pays its De-
positors in L. Notes, considers that it j. paying
in the best circulating medium Of the country.
and il cannot pay in anything better for its
assets are either government securities in notes
or bonds payable nsgovernment paper.
1t is equally convenient as temporary CT per
manent investment. The notes always be
sold for within fraction of their face and
mulated interest. and the best security with
banks as collaterals for discount
Convertible into Six per cent. $40
GoLD BoND.--In addition to the very liberal il
terest the notes for three years, this privi ego
of conversion is worth about three per cent.
per annum, for the current rate for 500 Bonds i.
not less than NINE CENT. PREMIUM. and before
the war the premium ON six per cent. I 5 stocks
was over twenty per cent. Il viii be seen that
the actual profit this loan, at the present
ket rate, is not less than ten per cent. per
It's exemption from State and Mum
cIPAL TAxATIoS.--But aside from al the advanta
ges we have enumerated, q special Act Of Con-
gress XEMPTs bonds and Treasury notes from
local taxation. On the average, this exemption
is worth about two per cent. per snuun, accord
ing to the rate of taxation in variou. parts Of
the country
1t is believed that securities offer 90 great
inducements to lenders those issued by the gov
ernment In all other forms of Indebtedness, tho
faith or ability of private parties, stock compa-
mics, or seperate communities. only is pledged
for payment, while the whole property Of ihs
country is held to the discharge Of ali tho
obligations of the United States
While the government offers the II Jst literal
terms for its Loans, it believes tha; the very
strongest appeal will be TO the ioyaity and patri-
otism of the people
Duplicate certificates will he issued for all d
posits. The party depositiDg must endor7 80 upon
the ORIGINAL certificate the denomination OF noie'
required and whether they are to be issuei III
blanf payable to order. When SO endorsedl'
must be left with the officer receiving the deposit
to be forwarded to the Treasury Department
Subscriptions will be received by the Treasurer
of the United States at Washington the several
Assistant Treasurers and Designated DepositaFie''
and by the
First National Bank Of Altoona
and by all National Banks which are dePosItsr's' e.
of public money, and ALL RESPECTABLE BANA'
AND BANKERS throughout the country will sHo
further information and afford every facility 10
subscribers septmeber 81, 1864 2su
VNEACHERS WANTED The Board of pi'
i rectors of Karthaus School District CieaE.
field County, wish TO employ three comRi miR?s.i