Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-08-20
u S. 7r30 LOAN.

The Secretary Of the Treasury evcs notice that
subscriptions will be received for Coupon Treasury
Notes, payable three We r. from August 18th 1901
with semi-aunual interest at the rate oi seven and
throe-tenths per cent. per aunum,-Irincpal and
Interest both to be paid in lawful money.
These notes will bo convertible at the option Of
the holder at maturity into sx-pcr cent gold bcPr-
ing bonds, payable not less than FIVE nor more thau
twenty years from their date as the government ma
elect. They will be issued in denominations of $50
500, $500, $1,000 and s5oOO and all subscriptions
must be for fifty dollars or some multiple Of City
dollars
The notes will be transmitted to the owners free Of
transportation charges soon after the receipt Of
the original Certificates of Deposit as they be
| prepared.
As the notes draw interest from August l5, persons
making deposits subsequent to that date must pay
the interest accrued from date Of note ;o date Of
deposit.
Parties dcpositing twenty-five thousand dollars
and upwards for these at any time will be
allowed a commission of one quarter of one per cent
which will be paid by the Treasury Department uron
the receipt of bill for the amount, certified to by
the officer with whom the deposit was made. No
| deductions for commissions mus; be made from the
deposits.
| Special Advantages Of this Loan.
IT is A NATIONAL SAVINGS BANK. offering a high
or rate of interest than any other and hc best sCcW
rity. Any savings bank which pays its dcpositors in
L. s Notes, considers that it is paying in the best
! circulating medium OF the country and it cannot
pay in anything better oI its own assets are either
in government securities in notes or bonds payable
| in government paper.
1t is equally convenient as a temporary or rerma.
nent investment. The notes can.always be sold Tor
within fraction of their facc and accumulated ne
rest and are the best security with banks as cola
tcrals for discounts
| CONVERTIBLE INTO A SIX PER CENT $50
GOLD BOND.
In addition to the very liberal interest on the notes
for three years, this privilege IF conversion
worth about three per cent per annum for the cur
rent rate for $50 Bonds is not less than nine per
cent p,fniaDi, and before the war the premium on
six per cent L. 5. stocks over twenty per cent
1t will be that the actual profit on this loan at
the present market rate is not less than ten per cent
per annum.
ITS EXEMPTION FROM STATE OR MUNICH
PAL TAXATION
But aside from all the advantages we hace cnum-
Grated. special A9t of Congress crcRyts ell boHdS
| aAH Treasury notes from local t0rgtioR. On the
average, this exemption is worth about two er cent
per anuum, according to the rate OF taxation in vari
Gus parts of the country.
1t is believed that securities offer SO great In
dlccmonts to lenders rs those issued by the govern
ment In all other forms Of Indebtedness. the faith
and ability tt private parties stock companies or
separate communities. only is pledged Gor payment
while the whole property of the country is held
to the discharge of all the obligations Of the
United States
While the government oIers the most liberal tcgms
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 fcr all deposits.
The party dcIositiuE must endorse upon the prig5.
al certificate the denominations o: notes required.
and whether they To be- issued in blank or payu-
/ bic to order "s,n endorsed 1; must be left with
the officer recciv!r- the deposit to be forwarded to
the Treasury Dcpn'mcn,
! Subscriptions will be received by the Treasurer oi
the United States, at Washington. the several As
sistant Treasurers and designated Deposi,aric, onl
by the
First National Eg..nlC OF Million.
And by ala National fSauI.-
which are depositarieS Of Public money, ant all
RESPECTABLE BANKS AND BANKERS
throughout the country. tactirg agents oc the Ma
touai Depository Banks will furnish further iulor.
tt..,... l;g,,,