Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-08-13
e. S. 1910 BONDS.

These Ronds are issued under the Act Of Congress
Of March sth 1888, which provides that sll Bonds
lsucl under this Act shall be EXEMPT FROM
TAXATToNby or under anystste or municipal au.
thority. Subscriptions to these Bonds are received
in United States notes or notes Of National Banks
They are TO BE REDEEMED IN COIN at the
pleasure Of the Government at any period not les,
han ten nor more si,p ferry rsr-' frcm their
date, and until their redemption FIVE PER CENT
INTEREST WILL BE PAlD IN COIN, on Bonds
Of notovcr one hundred dollars annually and on all
other Bonds semi m-annualy. The interest is payable
on the fret days Of March md September in each
years.
Subscribers will receive either Registered or eou-
pom 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 payable to bearer, and arc more
convenient for commercial uses.
Subscribers to this loan will have the option Of
having their Bonds draw intercs, from March Let, by
paying the accrued interest in coin-.or in United
States notes the notes Of National Banks. adding
6fiy per cant for premum,) or receive them draw
ing interest from the date VI subscription and deposit
As these Bonds are
Exempt from Municipal or state
TaNaiion.
there value is increased iiom one to three per cent
per annum, according to the rate OF levir. in
rous parts of the country.
AT the present rate of premium on gold they pay
OVER EIGHT PER CENT INTEREST
in currency and are of equal convenience IS per.
manent or temporary investment.
1t is believed that no securities offer SO great in.
duccmcnts lenders as the various descriptions Of
T. S Bonds. In all other forms of Indebtedness the
faith ability of private parties stock companies
only is pledged for payment while for the debts Of
the United States the whole property Of the coun.
try is holden to the payment of both principal
and interest in coin.
These Bonds may be subscribed for in sums from
S50up TO any magitude, on the same terms and are
thus made equally available to the smallest lender
and the largest capitalist. They can be converted
into money at any amount and TIE holder will have
the benefit Of the interest.
1t may be useful to state in this connection tha
the total Funded Debt of the United States on which
interest is payable in gold on the 81 dav of March
1871, was sos y65.OOO. The interest on this debt
for tho coming fiscal year will be Si5.937l26 while
the customs revenue in gold for the current fsoat
year ending June 3Oih 1854 has been 80 far at the
rate of over SlOO, COO OO0 per annum
twill be seen that even the present gold revenues
fthe Government are largely in excess of the wants
of the Treasury for the payment of gold interest,
while the recent increase Of the tariff will doubtless
raise the annual receipts from customs on the same
amount ofimportatjons, to Sl50,OO0,Oo0 per annum
Instructions to the National Banks acting as loan
SCENTS not issued from the United State 1rea.
surv until MIrch 2j, but in The first three weeks Of
April the subscriptions averaged more than TIN
MILLIONS a WEEK.
Subscriptions vii! be received By the
Frs National Bank of Philadelphia. Pa.
Second National Bank of Philadelphia, Pa.
Third National Bank Of Philadelphia. Pa
First National Bank Of Danvillc. Pa
And by nIi NnIiouaI Hanks
which are derosores of Public money. AMI all
RESPECTABLE BASRs AMI pAxEErs
throughout the country ac,ins agents O.: The Ns.
tionsl Depository Banks viii furnish further iugor.
nation application and
AFFORD EVERY FACILITY To SUBSCRIBERS.
May :, 1864.
I@Gs. IsGf.
s';sS'r-iciphia & Erie ssai,rnri.
fINl'S great line travcrscs the Northern and North
| wes' COUNTIES OF Pennsylvania 10 the city oE Erie
on Lnkc Erie,
I, has been leased by the Pennsylvania Railroad
CInPauy. and under ihclr auspices is being rapidly
opened throughout ltS entire length.
1t is now in use for Passenger and Freight business
from Harrisburg to ST. Mary's l2l6 miles, On the
Eastern Division. and from Sheffield 70 Erie ,7s
lps m he Nast igf on