American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1864-11-30

THE Secretary of the Treasury gives notice TINT sab
scrptoH will be received for Coupon Treasury Notes,
payable three years from Aug 15h 1854 with semi an
nual interest at ratio Of seven and threotenhs por
cent per annumprincpal and interest both to be pid
In lawful money.
/ These notes will be convertible at the optlon of the
holder at maturity ntosix per cont gold bearing bonds
payable not less than Ave than twenty years
from their date as the Government may elect. ThsJ
will be issued in denominations of $50 s1oo $500 SOOs
and 5000 and all subscriptions must be Tor nifty dollars
or some muitlpleo of my dollars
The notes will be transmitted to the owners free OF
transportation charges after the receipt Of the
original Certificate Of Deposit they can prepared
As the notes draw interest from August Is persons
making deposits subsequent that date pay the
interest accrued from date of note to date Of deposit
Parties depositing twenty-five thousand dollars and
upwards for these notes any time viii be allowed
commission of onequarter of one per cent which VIII
be paid by the Treasury Department upon the rccept Of
bill for the amount certified by the officer with whom
the deposit was made. No deductions for commissions
must be made from the deposits
Special Advantages of This Loan.
IT IS ANAroSA SAVINGS BAND, offering higher rate
of interest than any other, and the best security Any
savings bank which pays It's depositors in u s. Notes,
considers that paying in the best circulating medium
of the country and it pay anything better
its assets either in government securities in
notes or bonds payable In government paper.
1t is equally conyeniet as temporary or permanent
investment The can always be sold for within
fraction Of their face and accumulated interest and
the best security with banks eolateras for discounts
Convertible into Six per cent. $40 Gold Bond
In addition to the very liberal interest on the notes for
three years. this privilege Of conversion now worth
about three per cent per ahuum for tho current rate for
go Bonds is not less than nine per pren,fum and
before the the premium in six per cent u S. stocks
was over twenty per cent 1t will bo seen lhat the ac
tu profit this loan of the present market rate not
less than ten per cent. per annum.
Its Exemption from State Municipal Taxstinn.
But aside from all the advantages wo hare onumers.
ted special Act of Congress erenpts all bonds aud
Treasury 4i0tes from lacdt tqTatioR On the average,
this exemption worth about two per cent per annum,
according to the rate Of taxation In various parts Of tho
country.
ments TO lenders those issued by the government
In all other forms of Indebtedness the faith or ability
of private parties, stock companies separate
muntes, ouy pledged fsr payment while the wEols
property Of the country is held to secure the discharge
of all the obligations Of tho United States
While the government offers the most liberal terms
for its oans it believes that the very strongest appeal
will be the loyalty and patriotism Of the people,
Duplicate certificates will be issued for all deposits
The party deposnng must endorse upon the original
certificate the denomination Of notes required, and
whether they to be issued In blank payable to or
der when endorsed it must be left with the officer
receiving the deposit to bo forwarded to the Treasury
Department
SUBSCRIPTIONS WILL BE RECEIVED by the Treasurer
the United States at Washington, the several Assistant
Treasursrs and designated Dcpositaries, and by the
First National Bank of
Allegheny city, Pa First Second, and Third National
Banks Of Pittsburgh, Pa, and by all National Banks
which deposltafies of public money and
ALS RESPECTABLE BANKS AND BANKERS
throughout the country will give further information and
AFFORD EVERY FACILITY TO SUBSCRIBERS