The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-10-26
o. s. $50 LOAN.

lice that subsc ripilons will be received Tor
Coupon Treasury Noies, pay able three
years from Aug. 18th, 1864, with semi
annual interest at The rate of seven and
three-Ienths per cent. per aunum,-princi-
pal and interest both 10 be paid in la " fuI
money.
These noles will be convertible at The
option OF the holder at maturilv, into six
per cent. gold bearing bonds, payable not
less.than five nor more than twenty years
from their dale, as the Government may
elect. They will be issued ia %eeuomiua-
ions of $50, 500, $500, 81 1000 and SIS, 900,
and all subscriptions must be for fifty dol
lars or some multiple OF fifty dollars.
The notes will be transmitted TO tie
owners free Of transportation charges "a
soon after The receipt OF The original Ger
tIficales Of Deposit as they can be prepared.
As the notes draw interest from August
18Th. persons making deposits subsequent
to- that date must pay the interest accrued
from date of note 10 date OF deposit.
Parties depositing twenty five dolIa:s
aud upwards for these notes a! 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. cert
fed 10 by the officer with whom The de-
post was made. No deductions Tor com
missions must be made from the deposits.
Special .AdUantages Of this Lodn.
IL is a National Saving Bank, offering a
higher rate OF interest than any other, aud
the best security. Any savings bank which
pays lis deposilors in u. S. Notes, considers
that it is pay ins in the best circulating me-
dunn Of The country, and il cannot pay in
anything better, for its own assets are eth
er in ovemmen securities or in
notes or bonds payable in government
paper.
1t is equally convenient as a temporary
or permanent; investment. The notes can
always be sold for within a fraction Of their
face and m nlaled interest, and are the
best security with banks as collateIals for
discounts.
Convertible into a Sir per cent. $40
Cold Bond.
In addition TO The vary liberal int rest On
the notes for three years, this privilege of
conversion is now worth about three per
cent. per annum, for The current rate for
500 Bonds is not less than niue per cent.
premium, aud before The war The premium
on six per cent. United States Stocks was
over tweHly per cent. IL will be seen that
the actual profit on this loan, al the present
market rate, is not less than ten per cent.
per annum.
Its Exemption from State or Municipal
IdTdtiOn.
But aside from all the advantages we
have enumerated, a special act OF Congress
local Taxation. On the average, this ex-
emption is worth about two per cent. per
annum, according to The rate Of taxation in
various parts OF the county.
1t is believed that no securities offer so
great inducements TO lenders as those issu-
ed by the government. la all other forms
of indebtedness, the faits or ability of pGi-
vaie parties, or stock companies, or sepa-
rate communities, only, Is pledged for
payment, while The whole properly OF the
country is held 10 secure the discharge Of
all the obligations of The United States.
While the government offers the most
liberal terms for lis 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 notes required, and Uheih-
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-
eli, 10 be forw arded 10 the Treasury depari-
meni.
Subscriptions will be received by the
Treasurer of the Cni,ed States, al Washing
ton, The several Assistant Treasurers and
designated DePositaries, and By the
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