Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-11-19
u. S. 7-30 LOAN.

The Secretary Of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notes, payable three years from august 10Th 1864,
with semi-annual interest at the rate of seven and
ereetenths per cent. per annum principal and
interest both to be paid in lawful money.
These notes will be convertible at the option of
the holder at maturity, into sxper cent. gold bear
ing bonds. payable not less than five nor more tha-
twenty years from their date, the government may
elect They will be issued in denominations of $50
Slc0 $500. 81 600 and S5.OOO and all subscriptions
must bc for fifty dollars or some multiple of ilty
dollars.
The notes will be transmitted to the owners free of
transportation charges after the receipt of
the original Certificates of Deposit they be
prepared.
rs the notes draw interest from August 49, persons
making deposits subsequent to that date must pay
he interest accrued from date of note to date Of
deposit.
Parties dcposi;ing twenty-five thousand dollars
and upwards for these notes at any time will be
allowed commission of one-lunrcr of one per cent
which will be paid by the Treasury Department. upon
the receipt of bill for the amount, certified TO by
/, the officer with whom the deposit made. No
deductions for commissions must be made from the
deposits.
Special Advantages Of this Loan.
II tsA NArIoyAL SAVINGS BANK, offering high
cr rate Of interest than any other and tie best seen.
riiy. Any savings bank which pays its depositors in
L. S Notes considers that it is paying in the best
circulating medium of the country, md it cannot
Tsy in anything better foI its assets either
in government securities or in notes bonds payable
in government paper.
1t is equally convenient as a temporary or perma
nent investment. The notes always be sold TO-
within fraction of their face and accumulated nte
rest, and the best security with banks COLA
terals for discounts.
CONVERTIBLE INTO A SIX PER CENT 500
GOLD BOND.
In addition to the very liberal interest on the notes
for threeycars. this privilege of conversion is
worth about three per cent per annum for the curt
rent rate for $50 Bonds il not less than nine per-
! cent. premium, and before the war the premium on
six per cent L. S. stocks was over twenty per cent
1t will be that the actual profit this loan at
the present market rate, is not less than per
| per annum.
IT'S EXEMPTION FROM STATE OR MUNICI.
PAL TAXATION.
But aside from all the advantages we haee enum-
Grated. special Aot of Congress eremptS all boHdS
aHa Treasury notes from local taxation. On the
average this exemption is worth about two Ter cent.
per anuum, according to the rate of taxation in yari
Gus parts of the country
l, is believed that no securities offer so great In
ducemonts to lenders those issued by the govern
IN ent. In all other forms of Indebtedness the faith
and ability of private parties stock companies,
separate communities, only is pledged for payment,
while the whole property of the country is held
the discharge of all the obligations of the
United States.
While the government offers the most liberal terms
for its loans it believes that the very strongest appeal
will be to the loyalty and patriotism of the people.
Duplicate certificates will be issued for all deposits
The party depositing must endorse upon the origin
al certificate the denominations of notes required
and whether they are to be issued in blank paya-
Bile to order When endorsed 1t 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 As.
sstant Treasurers and designated Depositaries, and
by the
First National Hsanls of Milton.
And by ALI National Banks
which are deposaries of Public money and all
RESPECTABLE BANKS AND BANKERS
throughout the country (acting agents of the Ma
tona Depository Banks) will furnish further infor-
nation application and
AFFORD EVERY FACILITY TO SUBSCRIBERS
August l3 1851.
! AGG5D1gGJg OF 2IlHI