American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-09-28

THE Secretary of the Treasury gives notice that sub
scriptons will be received for Coupon Treasury Notes.
payable three years from Aug. 10th, 1864 with seman
nua interest at rate of and threetenths per
cent per annumprncpal and interest both to be paid
in lawful money
These notes will be convertible at tho option of the
holder at maturity into six per gold bearing bonds
payable not less than five than twenty years
from their date, tho Government may elect They
will be issued in denominations $50 s1OO $500 O09
and s5OOO and all subscriptions bo for nifty dollars
multiplco Of fifty dollars.
The notes will be transmitted to the owners free Of
transportation charges after the receipt of the
original Certificate of Deposit they can be prepared
As the notes draw interest from August 15 persons
making deposits subsequent to that date must pay the
interest accrued from date of date of deposit
Parties depositing twenty-five thousand dollars and
upwards for these any time will be allowed
commission Of onequarter of per cent, which will
be paid by the Treasury Department upon the receipt
bill fr the amount, certified by tho officer with whom
the deposit made No deductions for commissions
must be made from the deposits.
Special Advantages of This Loan.
IT Is ANArioSAL SAVINGS BAND offering higher ratio
of interest than ny other and The best security ANY
savings bank which pays its depositors In u s. Notes
considers that it is paying in the best circulating medium
Of the country and II cannot pay In nyhng better for
its assets either in government securities or in
notes or bonds payable in government paper.
1t is equally conyenet a temporary permanent
investment. The always be sold for within
fraction of their face and accumulated interest and arc
the best security with banks collaerals for discounts
couve rtible into Six per cent. $40 Gold Bond,
In addition to the very liberal interest the notes for
three years. this privilege Of conversion Is worth
about three per per annum for the current for
500 Bonds is not less than nine per cent prsni and
before the the premium In six per cent u stocks
twenty per cent 1t viii be that tho
tua profit on this loan at present market rate is not
less than ten per cent. per
| Its Exemption from State or Municipal Taxation.
But aside from all the advantages haze enumera
tcd special Act Of Congress ezempis all bonds and
Treasury notes FROM laeal taration. On the average
this exemption Is worth about two per cent per onnum
oeoordng the rate Of taxation in various parts of the
country.
1t believed that securities offer so great induce
raents to lenders those issued by the government
In all other rms Of Indebtedness the faith ability
Of private parties stock companies separate
muDties, ouly, is pledged fsr payment while the whole
property of tho country is held to the discharge
| Of all the obligations of the United States
While the government offers the most liberal termi
for loans it believes that the very strongest appea
will be the loyalty aud patriotism Of the people.
Duplicate certificates will be issued for all deposits.
The party depositing must endorse upon the Orgina
certificate the denomination Of notes required, and
whether they to bo issued In blank payable 10
der When SO endorsed II must DO left with tho Officer
receiving the deposit be forwarded to the Treasury
Department.
SUBSCRIPTIONS WILL RECEIVED by the Treasurer o
tho United States Washington the several Assistant
Treasurcrs and designated DcposiaIies, and by tho
First National Bank of
Allegheny City, Pa. First Second, and Third National
Banks of Pittsburgh, Pa, and by oil National Bank
which are depostaries Of public money and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further information and
AFFORD EVERY FACILITY TO SUBSCRIBERS.