The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-10-05
s 7-SO LOAN.

~ fI Hfb u. S@l-0U LOhN.
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ahThe Secretary of the Treasury Gives no
tics thst subscriptions viii be received ior
Coupon Ttea<ury Np,es, pay able three
Jsars from Aug. l5lh. 1861, with semi
zsinhal b itserea al The rate of seven and
tsree-tepihs per cent per annnm,-Princi-
pal aid interest both to be paid in law fuI
money.
fhsse un,es will be convertible at the
ottion Of the holder al maturity, into six
p.fcebl. coll bearing bonds, payable not
less than. five nor more than twenty years
from their dare, as the Government may
elect. They will be issued in eenomina-
,ion. Of $50, 500, $500. ST 600 and SIS 600,
.rnd ali subscriptions must be for fny dol
,isrs or some multiple OF fifty dollars.
The notes will be transmitted TO tie
owners free Of transportation charges as
coon aiiar The receipi Of the original Ger
HGcatss Of Deposit as they can be prepared.
sAs the notes draw in,eoesi from August
ssth, persons making deposits subsequent
20 that date must pay the interest accrued
from daIe OF note 10 date OF deposit.
Parties depositing twenty five dollars
and upwards for these notes a. any one
time will be SLOWED a commission Of one
;qusrsf sef one per cent which will be
paid by he Treasury Department upon
The receipt Of a bin for The amount. CERT
6ed 10 by the ofHref with whom The de
ro-ii was made No deductions for com
missions mnst be made from the deposits.
Special .AdUanfoges of this Loan.
II 10 a National Saving Bank, Offering a
higher rate OF interest than any other, aud
the besi security. Any savings bank which
rays Il. depositors 10 U. S. Notes, considers
tia, it is pay ing in the best circulating me-
dunn Of The county, and il cannot pay in
anything better, for its own assets are eth
~ in government securities or in
noies or bonds payable 10 government
paper.
Il IL equally convenient as a temporary
or permanent investment. The notes can
always be sold for within . fraction OF their
facs and accumulated interest. and are the
Best security with banks as coIls,erals for
~disfounfs. 1s
Conrersibls into a Sir per cent. $50
Il xt6s Gold Bond.
In ssfdition 10 the vary liberal interest on
The notes for three years, This privilege of
epnvsrsiop is now worth about three per
cent per annum, for the cnrrent rate for
$50 Bonds Is not less than nine per cent.
premium, and before the war the premium
ron sixe per cent. United Sales Stocks was
over ,wssly per cent. II will be seen that
the sciusI profit on this loan, at the present
market rate, is not less than ten per cent.
per mum,
IL Exemption from Safe or Municipal
- e1s TdrGfion.
u Bot aside from all the advantages we
haze enumerated, a special &C, OF Congress
exempt all Bonds and Treasury Notes from
local Taxation. On the average, this ex-
Sumption is warib about Two per cent. per
I'M according 10 the rate of taxation in
various paris OF The country.
II is believed that no securities offer so
great inducements TO lenders as those issu-
I'd By the government. 10 all other forms
OF indsbtednsss, the faith or ability Of pri-
rate parties, or stock companies, or sepa-
rate communities, only, is pledged for
payment, while the whole properly OF the
country is held TO seer re the discharge OF
an the obligations OF the United States.
While The government offers the most