Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-05-21
u. S. 10-4O BONDS.


These Bonds are Issued under the Ao: Of Congress
Of Marrh stb, 1854, which provides that all Bonds
issued usder this Ac. ehaii be EXEMPT FROM
TAXATION by or under any state municipal gu.
hority. Subscriptions 10 these Bonds are received
In United Stntss notes or notes Of National Banks
They arc TO BE REDEEMED IN COIN, a, the
pleasure of the Government, at any period vet les,
rhas ten nor more than forty years from their
cate, and until their redemption FIVE PER CENT
INTEREST WILL BE PAID IN COIN, on Bonds
of nOtOrer hundred dollars annually and on all
other Bonds semi-annually The interest Is payable
on the frs, days Of March and September in each
years.
Subscrisers will receive eithor Registered or Cou-
Son E1ds, as they may prefer. Registered Bonds
are recorded or The books Of the L. s. Treasurer,
and can he transferred only on the owner order
Coupon Bonds are payable to bearer, and are more
convenient for commercial uses.
Subscribers to this loan will have the option oi
having their Bonds draw interest from March is by
paving the accrued interest in coin-tor in United
States notes. the notes of National Banks adding
fifty per cent for premium.l or receive ,hen draw.
Ing interest FROM the date Of subscription and deposit
As these Bonds arc
Exempt Grsm Municipal or state
Taxation,
there alue is increased from to three per cent
per according to tho rate OF tax leYics in
rious parts Of the country.
At the present rate of premium On gold they pay
OVER EIGHT PER CENT INTEREST
in currency, and ars Of equal convenience per-
manent or temporary investment.
1t is believed that no securities offer So great in.
ducements TO lenders the various descriptions Of
L. $ Bond.. In all other forms Of Indebtedness the
faith or ability of private parties stock companies
only Is pledged for payment, while Tor the debts Of
the United States the whole property of the coun-
try is holden the payment of both principal
and interest in coin.
These Bonds may be subscribed for in sums from
SSOup to any magnitude On the terms, and are
thus made equally available to the smallest lender
and the largest capitalist. They be converted
into money at any amount, and the holder will have
the benefit of tho 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, the 81 day of March,
1861, was SOS, ,g65,0OO. The interest on this debt
for the coming fiscal year will be S45 .937 ,l26. while
the customs revenue in gold for the current fiscal
year. ending June SOth 1864 has been so far at the
rate of over SlOO 100000 per annum
II will be seen that the present gold revenues
Of the Government largely in 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 the same
amount OF importatiOns, 10 Sl50,000,O0O per annum
Instructions TO the National Banks acting rs loan
agents not issued from the United State rrea-
sury until March 70, but in the first irec weeks Of
April tho subscriptions averaged more than TEN
MILLIONS \ WEEk
Subscriptions will be received BY the
First National Bank Of Philadelphia, Pm.
Second National Bank of Philadelphia Pa.
Third National Bank OF Philadelphia, Pa.
And by ali National Hanks
which are depositaries OF Public money, and all
RESPECTABLE BANKS AND BANKERS
throughout the country, acting agents of the Ma
tiOna Depository Banks,) will furnish further insog.
nation on application and
AFFORD EVERY FACILITY TO SUBSCRIBERS
Nav :, lSGi