American citizen. [volume] (Butler, Butler County, Pa.) 1863-1872, 1865-01-25
u. S. 7-3O Loan

The Secretary Of the Treasury sves notice that sub
serptlons will be received for Coupon Treasury Note1
payable three years from Aug 18th, 1884, with ssmia
nus interest at rat. Of seven and threetsnths per
cent per annumprineips and interest both to be paid
in lawful money.
These notes will be convertible at the option of the
holder at maturity into per cent gold bearing bonds
payable not less than hve than twenty years
from their date, the Government may elect. They
win be Issued In denominations Of $50 oo $780, soos
and 5000 and all subscriptions be for y dollars
or some multiplecf cf any dollars
The notes will be transmitted to the free Of
transportation charges after the receipt Of the
original Certificate Of Deposit as they can be prepared
Az the notes draw interest from August l5 persons
making deposits subsequent to that date must pay the
interest accrued from date Of note to date of deposit
Parties dcpostng twenty-five thousand dollars and
upwards for these notes at any one time win be allowed
a commission Of one-quSrter Of per cent which will
be paid by the Treasury Department upon the receipt 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.
9
BANArioSAL SAVINGS BAx0, Offering higher rate
of interest than any other, and the best security. Any
savings bank which pays its depositors in u S. Notes.
considers that paying in the best circulating medium
Of the country and cannot pay in anything better for
Its either in government securities in
notes or bonds payable in government paper.
1t is equally conyeniet temporary permanent
investment The notes can always be sold for within
fraction Of their f,ce and accumulated interest and are
the best security with banks colaerals for discounts.
Conve ertbe into Six per cent. $40 Gold Bond.
In addition to the very liberal interest the notes for
three years. this privilege Of conversion Is worth
about three per cent per annum for the current rate for
$40 Bonds is not less than mine per csnt premium, aud
before the the premium In six per cont u s. stocks
was over twenty per cont II will be that tho
tual profit on this oan the present market rate is not
| less than ten per cent. pcr annum
| Its Exemption from State or Municipal Taxation.
But aside from all the advantages we have
ted special Act Of Congress erempts all bonds and
Treasury notes from t1eaE taration. on the average
this exemption worth about per cent per aunum
occordng to the rate Of taxation in various part, Of the
| country
Its believed that no securities offer great induce
ments to lenders as those ISSUED by the government.
In all other forms Of Indebtedness, the faith ability
private parties stock companies separate com
munitics ouy, pledged fer payment. while the whole
property Of the country Is held to the discharge
Of all the obligations Of the United States
While the government offers the most liberal terma
for It's loans It believes that the very strongest appeal
will be the loyalty and patriotism Of the people.
Duplicate certificates will be issued for all deposts
The party depositng must endorse upon the original
certificate the denomination Of notes required, and
whether they are to be Issued in blank payable TO
der, When endorsed 1t must be len with the officer
receiving the deposit to bo forwarded to the Treasury
| Department
SUBSCRIPTIONS WILL BE RECEIVED by the Treasurer o
the United States at Washington the several Assistant
Treasurers and designated Depositsrics, and by the
First National Bank of
Allegheny City, Pa First, Second aud Third National
Banks Of Pittsburgh, IA, and by all National Banks
which are depositsries Of public money, and
ALL RESPECTABLE BANKS AND BANKERS
throughout the country will give further information and
AFFORD EVERY FACILITY TO SUBSCRIBERS.