The Potter journal. [volume] (Coudersport, Pa.) 1857-1872, 1865-02-15
u. S. 7-8O LOAN.

The Secretary Of the Treasury gives notice
that subscriptions will be received tor coupon
Treasury Notes. PAYABLE from Aug 5th, 1864,
with emi-annual interest at the rate OF seven
and three-tenths per cent. per annun,-prln-
eipal and interest both TO be paid IN lawful
money. A%h
These notes viii be convertible at the option
Of the holder at maturity, into six per cent.
gold bearing bonds payable not less than flye
nor more than twenty years from their date,
az the Government may elect. They Will be
issued in denominations OF $50 800, $500,
$1,000 and $4,000, and all subscriptions must
be for fifty dollars or some multiple OF nifty
dollars.
The notes will be transmitted to the owners
free of transportation charges as soon eIter
the receivt Of the original Certificates OF De-
post as they can be prepared.
AZ The notes draw interest from August Is,
nersons making deposits subsequent to that
Gate must pay the interest accrued from date
Of note TO date of deposit.
Parties depositing twenty-five thousand
dollars and upwards for these notes st any one
time will be allowed n commission OF one
quarter Of one per cent, which viii be pald
by the Treasury Department upon the receipt
of the bill for the amount, certified to oy the
>ffcer with whom the deposit was MADE. No
Jednctions for commissions must be made
from the deposits.
SPECIIL ADVANTAGES Of has LOAN.
It's 81 National Savings Bank, offering q
higher rate Of interest than any other, and
the best security. Any savings bank which
NAYS its Gepositors in U. s. Notes, considers
that it is paying in the best circulating me-
di1n tie country, and it cannot pay in any
&C az 8
Government securities or IN notes or bonds
PAYABLE in government paper
1t is equally convenien: as temporary or
permanent Investment. The notes can al
ways be sold for within 6 fraction of their
face and accumulated interest, and ere the
hest security with banks as c0llatteTals Tor
discounts.
Convertible into SIR per cent. $40 Gold Bond
In addition to the very liberal iuteresS On
1he notes for three years, this privilege OF
conversion is now worth ahouttbree per cent
for the current rate for 3 20 Bonds is not less
than nine per cent. premium. and before the wal
the premium on SIX. per cent Us. stocks was
over twenty per cent. It win be seen that
4be actual profit on this loan, at the present
market rate, is not less than ten per cent. pei
auHum.
Is Exemption from State or lfunicipql TaaGtion
But aside from all The advantages we have
enumerated, q special Act Of Congress e1'
saagts al bonds and IrsaslTy notes from loca
taIation On the average, this exemption !:
worth about two percent. per annQm, accord
ing to the rate Of taxation in various parts o
the country.
Il isbelieved that no securities offer so grea
Inducements to lenders as those issued by th'
government IN ai other forms Of indebted
ness, the faith or ability Of private parties, o
stock companiazl -or separate communities
only, i5 pledged for payment, while the Who'll
property OF the country is held to secure to-
discharge Of al the obligations Of the Unite'
States.
While the government offers the mOstl liberia
terms for its loans, it believes that the YER
strongest appeal will be TO the loyalty an'
patriotism of the people.
Duplicate certificates will be issued for al
deposits. The party deposlting must endors
upon the original certificate the denominatlo
of notes required, and whether they are to
issued in blank or payable to order. Nne
SO endorsed it must be left with the officer re
ceivirg the deposit, to be forwarded to tn
Treasury Department.
Subscriptions will be received BY tie Treas
urer If the United States, at Washington, th
eeTeral SlsSlSIaII Iloo9utV-0 1|i-~ ~ 'o-
Depositar es, ana oy tle
First National Bank Of PHILADELPHIA Pa.
First National Baal; Of Danvil!e, Pa.
First National Bank Of Erie, Pa.
First National Bank Of Pttsburg, Pa.
aud by ali National Banks which are GePos
taries of public money, and
All RespectaJle Banks ard Bankers
throughout the country viii give further II
formation and
Afard eoery Facility to Subscribers.