The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1863-12-16
UNITED STATES 5-sO's.

The SecFetafy of the Treasury has NOT
vet given notios. of any intention 10 with
draw This popular Loan from Sale at Par,
and uniii ten days nDtice is Civ en-, the
undersigned, as General Subscription
| Agent,,' will continue 10 supply The public.
| The whole amount Of the Loan author
| lied is Five Hundred Millions of Dollars
Nearly -Four 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 as the basis for circulation by Ma
tlonal Banking Associations now organiz-
! ing in all parts of the country, will, in a
very short period absorb the balance.
Sales have lately ranged from len 10 IF
teen millions weekly, frequently exceed
log three millions daily, and as II is well
known that the Secretary OF the Treasury
has ample and unfailing resources in the
Dutes on Imports and lternal Revenues
and in the issue of the Interest bearing
Legal Tender Treasury Notes, ii is almost
certainty that he will not find il neces-
saay, for long lime 10 come, 10 seek
| market for any other long or permarenI
Loans, The Interest and Principal of which
are payable ia GOLD.
Prudence and self interest 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.
clusion that they should lose no time in
subscribing to this most popular Loan
| ii will soon be beyond their reach, and
advance 10 a handsome premium, as was
the result with the "Seven Thirty" Loan
when ii was all sold aud 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 long time past amounted 10
over a Quarter OF Million of Dollars
daily, Sum nearly three times greater
than that required in The payment ol the
Interest on all the 5-20's and other perma-
neni Loans. So that il is hoped that the
surplus Coin in the Treasury, al no dis ant
day, will enable The Uniled States to re-
sumo specie payments upon all liabilities.
The Loan is called 8 20 from the fact
tha, whilst The Bonds may run for twenty
wears vel the Government has right 10
! pay them of in Gold at par, al any time
alter FIVE years.
The Interest is paid half yearly, viz: on
the first day OF November and NAV.
Subscribers can have Coupon Bonds
which are payable to bearer. and are $50,
500, $500, and $1,000; or Registered bonds
OF same denominations, aud in addition,
S5 900 and SO 900. For Banking purpo
ses and fot investments of frost MONIES
the Registered bonds are preferable.
These 6-20's cannot be taxed By States
| cities, towns, or counties, and the Govern
menI tax on them is only II per cent, or
the amonni of income, when The inc ON
of the holder exceeds Six hundred dolla II
per annum; all other investments, such a.
income from Mortgages, Railroad Sock
and Bonds. e c., must pay from three tC
| five per cent. lax on the income.
/ Banks and Bankers throughout the coun
try will conliuue 10 dispose of the bonds
and all orders by mail ,or otherwise, prom
| pity attended 10.
The Inconvenience Of few days. della,
in The delivery OF the Bonds is unavolda.
Bile, the demand being so great; but as in.
! terest commences from The day OF sub
| scriplion, no loss is occasioned, and ever,
efsrl is being made 10 diminish the delay
JAY COOKE,
SUBSCRIPTION AGENT,
ia South Third Street, Phila.
Dece m her 1859