The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1863-12-09
UNETED STATES 5-eO's.

The Secretary of the Treasury has not
yet given notice of anv intention 10 with
draw this popula. Loan from Sale at Par,
and until ten days notice is given, the
undersigned, as 's General Subscription
Agent" will continue 10 supply the public
lhe whole amount of the Loan author
lzed 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 Lbs. The large demand from abroad
and the rapidly increasing home demand
tor use as the basis for circulation by Ma
tIoDal Banking Associations now organiz-
lug in all paris OF the country, will, in a
very short period absorb the balance
Sales have lately ranged from ten TO fif-
teen millions weekly, frequently exceed
ing three millions daily, and as II is well
known that the Secretary of the Treasury
has ample and unfailing resources in the
Dulies on Imports and Iterna Revenues
and in The issue of the Interest bearing
lie gal Tender Treasury Notes, il is almost
certainty that he will not fnd il neces-
saay, for a long time 10 come, 10 seek
market for any othe long or permanent
Loans, The Interest and Principal of which
are payable in GOLD.
Prudence and self interest must force
the minds ofthose contemplating the for
nation of National Banking Associations.
as we'll as the minds oil all who have idle
money on their hands, 10 the prompt con
clusion that they shonld lose Eo 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 Thirtyo Loan,
when i, was all sold aud could no longer
be subscribed for at par.
TITS A SIX PER CENT LOAN, THE
Interest and Principal payable in Coin,
thus yielding over Nine per cent. per an
nun al the present rate of premium on
Com.
The Government requires all duties on
Imports 10 be paid in coin; lhnse duties
have for a long time past amounted TO
over a Quarter of Million of Dollars
daily, sum nearly three times greater
than that required in the payment Of the
Interest on all The 5-20is and oiher perma-
nenl Loans. So that it is hoped that the
surplus Coin in the Treasury, at no dis ant
day, will eusble the United States to re-
sumo specie payments upon all liabilities,
The Loan is called 20 from the tact
that whilst Ihe Bonds may run for twenty
years yet the Government has right 10
pay them off in Gold at par at any time
alter FIVE years.
rhe Interest rs paid half yearly, viz: on
the first day OF November and May.
Subscribers can have Coupon Bonds,
which are pay able 10 bearer. and are $50,
500, $500, and $1,000; or Registered bonds
of same denominations, and in addition,
So 900 and SO, 900. For Banking pnrpo-
ses and for investments of Trust monies,
the Registered bonds are preferable.
These 5-20's cannot be taxed BY States,
ciues, towns, or counties, and the Govern
ment tax on them is only II per cent, on
the amonnt of income, when the inc ONE
OF the holder exceeds Six hundred dolla RS
per annum; all other investments, such as
income from Mortgages, Railroad Stock
and Bonds. c., must pay from three TO
five per cent tax on the income.
Banks and Bankers throughout the coun-
try will continue 10 dispose of the bonds;
and all orders by mail ,or otherwise, prom
pity attended TO.
The Inconvenience of a lew days delay
in the delivery OF the Bonds is unavoida-
Bile, the demand being so great; but as in
lefest commences from The day of sub
scriplion, no loss is occasioned, and every
efsrt is being made 10 diminish the delay.
JAY COOKE,
SUBSCRIPTION AGENT,
ia South Third Street, Phils.
Dece mber 2, 1868.