Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1865-01-21
u. S. 7-a0 LOAN.

Tho Teoretary Of the Treasury gives notice that
subscriptions will be received for Coupon Treasury
Notse payable three years from August 18th 1854,
with pemiannual interest at the rate of seven and
three. .tenths per cent. per mnum principal and
! iotercet both to be paid in lawful money.
These notes will be con, ,ertible at the option Of
he heller at maturity, into siI-psr cent gold bear
Tag bonds. payable not lees than Eve more tha.
twenty yeSs from their date, as the government may
elect. They will be issued in denominations of $50
slOV $500, $1,000 and 81, 600, and all subscriptions
must be for fifty dollars or some multiple of fifty
Goa.s,
The notes will be transmitted TO the FREQ Of
transportation charges rs soon after ths receipt OF
shs original Certificates of Deposit as they can be
prepared,
IL the notes draw interest from August Is. persons
making depostt rubscsuent TO that date must pay
the interest accrued from date Of note to date Of
deposit
Parties derosting twenty-five thousand dollars
and upwards for these at any time will be
allowed commission of quarter of one per cent
which will be paid by the Treasury Department upon
the receipt of bill for the amount, certified to by
tho officer with whom the deposit was made.
deduction, for commissions must be mude from the
deposits.
Special Advantages of tIsis B.onu.
IT IsA NATIONAL SivGSos BANK, Offering high
er rate of interest than any other and the best seen.
rity. Any savings bank which pays its depos:crs in
L. (. Notes considers that it is paying in the best
circulating medium of the country and it cannot
pay in anything better, oI its assets are either
in government securities in notes or bonds pa yablc
in government paper
1t is equally convenient as temporary or perma
nent investment. The notes can always bo sold fo-
within fraction of their face and accumulated inte
rest and the best sscurity with banks as cola.
terals for discounts
CONVERTIBLE INTO A SIX PER CENT s.2o
GOLD BOND.
In addition to the very liberal interest on the notes
FOR three,years this privilege Of conversion is now
worth about three per cent per annum for the curt
rent rate for 800 Bonds is not less than nine rcr
cent. premium, and before the war the premium on
si1 per cent L. s. stocks was over twenty per cent
be seen that the actual profit on this loan
the present market rate not less than ten per cent
| per annum.
ITS EXEMPTION FROM STATE OR MUNICI.
PAL TAXATION.
| But aside from all the advantages we hace enum.
Grated, special Aot of Congress ezempt, all bonds
and Treasury notes from local taration. On the
average, this exemption is worth about two Ter cent
per anuum, according to the rate of taxation in vari
ous parts of the country.
1t is believed that no securities offer 70 great In.
ducemon,s TO lenders those issued by the govern
ment tn all other forms of Indebtedness the faith
and ability of private parties, stock companies OF
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
Inc party depositng must endorse upon the origin.
al certificate the denominations of notes required
and whether they to be issued in blank or paya.
bic to order. When endorsed 1t must be left with
the officer receiving the deposit to bo forwarded to
tho Treasury Department
! Subscriptions will be received by the Treasurer ol
the United States, at Washington, tho several Al,
sistant Trcasurers and designated Depositario. apd
by tho
First National Bank Of Wilton,
And by all National BANKS
which are depositaries Of Public money and sll
RESPECTABLE BANKS ASD BANKERS
throughout the country, (acng agent. OF the Ma
tional depository Danks,) will furnish furths. nfOr
nation on application and
AFFORD EVERY FACILITY TO SUBSCRIBERS.
August I3 1861