The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1863-12-23
UNITED STATES secs.

The Secretary of the Treasury has not
yet given notice of an intention TO with
draw this popular Loan from Sale al Par,
aud until ten days notice is given, the
undersigned, as & General Subscription
Agent,' will continue 10 supply the pu blic.
The whole amour, of the Loan author
lied is Five Hundred Millions of Dollars.
Nearly Fonr Hundred Millions have been
already subscribed for and paid into the
Treasury, mostly within the last seven
mon. hs. The large demand from abroad.
and the rapidly increasing home demand
for use the basis for circulation by Ma
tional Banking Associations now oIganiZ-
ing in all parts of the country, will, in
very shor period absorb the balance
Sales have lately ranged from len to fif-
teen millions weekly, frequently exceed
ing three millions daily, and as II is well
known thai the Secretary OF the Treasury
has ample and uDfailino resources in the
Doties on Imports and Iiernal Revenues
and in the issne of the Interest bearing
LIE gal Tender Treasury Notes, ii is almost
a certainty that he will not find il neces-
saay, Tor a long time TO come, 10 seek a
marker for any other long or permanent
Loans, The Interest and Principal of which
are payable in GOLD.
Prudence and self inter rest must force
the minds ofthose contemplating the for
nation of National Banking Associations
as well as the minds OF all who have idle
money on their hands, TO the prompt con-
cluson that they shonld lose no time in
subscribing to this most popular Loan
1t will soon be beyond their reach, and
advance 10 handsome premium, as was
the result with the Seven Thirty" Loan,
when it was all sold and could no longer
be subscribed for at par
1T is A SIX PER CENT LOAN, THE
Interest and Principal payable in Coin
thus yielding over Nine per cent. per an
mum al the present rate of premium on
Coin.
The Government requires all duties on
Imports 10 be paid in coin; ihnse dulles
have for q long time past amounted 10
over a Qnauer OF Million of Dollars
daily, som nearly three times greater
than that required in The payment OF The
Interest on all the 5-20's and olber perma-
nent Loans. So that il is hoped that the
surplus Coin in the Treasury, al no dis ant
day, will enable The United States to re-
sumo specie payments upon all liabilities
The Loan is called 20 from the tact
that whilst The Bonds may run for twenty
years yel the Government has right 10
pay them off in Gold al par, a. any time
alter five years.
The interest rs paid half yearly, viz on
The first day OF November and May
Subscribers can have Coupon Bonds
which are payable TO bearer. and are $50,
500, $500, and $1,000; or Registered bonds
OF same denominations, and in addition,
S5 900 and $40, 900. For Banking purpo.
ses and for Investments of Trust monies
the Registered bonds are preferable.
These 5-20's cann0l be taxed By States
cities, towns, or counties, and the Govern
ment tax on them is only II per cent, on
the amonnl of income, when the inc ONE
OF the holder exceeds Six hundred dolla r,
per annunn; all other investments, such a.
income from Mortgages, Railroad Stock
and Bonds. e c., must pay from three Il
fve per cent. tax on the income.
Banks and Bapkers throughout the coun
try will conlinoe 10 dispose of the bonds
and all orders by mail ,or otherwise, prom
! pity attended to.
! The Inconvenience OF lew days delay
IN the delivery OF the Bonds is unavoida.
| Bile, the demand being so great; but as in,
teresi commences from The day OF sub
| scription, no loss is occssioned, and ever,
| efsft is being made to diminish the delay
JAY COOKE,
SUBSCRIPTION AGENT,
ia South Third Street, Phila
| DecpmheP I962