The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-11-16
U. S. 7-3O LOAN.

The Secretary OF the treasury eIves no
tice that subsc ripsions will be received for
Coupon Treasury Notes, payable three
years from Aug. 18th, 1864, with semi
annual interest at the rate of seven and
three-tenths per cent. per auDum,-princi-
pal and interest both TO be paid IN lawful
money.
These notes will be convertible al the
option of the holder al malurilv, into six
per cent. cold bearing bonds, payable not
less than five nor more than twenty years
from their date, as the Government may
elect. They will be issued in ernomina.
tons of $50, 500, $500, 81 900 and IS 600,
and all subscriptions must be for fifty dol
lars or some multiple OF fifty dollars.
The notes will be transmitted TO The
owners Tree of transportation charges "a
soon after the receipt of The original Ger
tlicates of Deposit as they eau be prepared.
As the noles draw interest from August
18th. persons making deposits subsequent
10 that date must pay The interest accrued
from date OF note 10 date OF deposit.
Parties depositing twenty FIVE dollars
and upwards for these notes al any one
time will be allowed a commission Of one
quarter of one per cent which will be
paid by the Treasury Department upon
the receipt OF a bill for the amount, certi-
fed to by The officer with whom The de-
post was made. No deductions for com
missions must be made from the deposits.
Special .HdUantages Of this Loan.
1t is a National Saving Bank, offering a
higher rate OF interest Than any other, and
The best security. Any savings bank which
pays its depositors in US. Notes~eonsiders
that it is pay ing 10 the best circulating me-
dunn Of he country, and ii cannot pay in
anything better, for its own assets are eth
er in government securities or in
notes or bonds payable in government
paper.
Ii is equally convenient "a a temporary
or permanent investment. The notes can
alw avs be sold for within a fraction of their
face and accumulated interest, and are the
best security with banks as colIa,ersls for
discounts.
Convertible into a sir per cent. $50
Gold Bond.
10 addition 10 the vary liberal interest on
The notes for three years, this privilege of
conversion is now worth about three per
cent. per annum, for The current rate for
$40 Bonds is not less than nine per cent
premium, and before the war The premium
on six per cent. United States Stocks was
over tweH'y per cent. II will be seen that
the actual profit on this loan, al The present
market rate, is not less than ten per cent.
per annum
It's Exemption from State or Municipal
Taxation.
But aside from all The advantages we
have enumerated, a special act OF Congress
exempt all Bonds and Treasury Notes from
local Taxation. On the average, this ex-
symptom is worth about two per cent. per
annum, according 10 the rate of taxation in
various parts oil the country.
Ii is believed that no securities offer so
great inducements 10 lenders as those issu-
ed by the government. In all other forms
of Indebtedness, the faith or ability Of pri-
vale parties, or stock companies, or sepa-
rate communities, only, is pledged for
payment, while the whole properly OF the
country is held to secure the discharge of
all the obligations of the United States.
While the government offers the most
liberal terms for It's loans, il believes that
the very strongest appeal will be the loyalty
and patriotism of the people.
Duplicate certificates will be issued for
all deposits. The party deposi:ing must
endorse upon The original certificate the
denomination of noles required, and wheih-
er they are 10 be issued in blank or paya-
BILE TO order. When so endorsed il must
be left with the officer receiving the depo-
sii, TO be forwarded 10 The Treasury depart
ment.
Subscriptions will be received by the
Treasurer of The United States, al Washing
ion, The several Assistant Tressurers and
designated Depositaries, and by the
First National Bank
Of Bloomsbury, Pa.
And all National Banks which are deposit