The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-11-02

lice that subscriptions will be received Tor
Coupon Treasury Notes, payable three
years from Aug. 18th, 1864, with semi
annual interest at The rate of seven and
thFee-tenths per cent. per aunum,-princi-
! pal and interest both 10 be paid in lawful
money.
These notes will be convertible at the
option Of the holder al maturity, into six
per cent. gold bearing bonds, payable not
less than five nor more Than twenty years
from their date, ass the Government may
elect. They will be issued in denomina-
lions 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 tie
owners free of transportation charges as
soon after the receipt Of The original Ger
t~licates 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 mole 10 date Of deposit.
Parties depositing twenty five dollars
and upwards for these notes al any Que
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, certl-
fed 10 by tie officer with whom The de-
post was made. No deductions for COM
missions must be made from the deposits.
Special Advantages of this Loan.
Ii is a National Saving Bank, offering a
higher rate OF interest than any other, and
the bes, security. Any savings bank which
paws its deposilors in u S. Notes, considers
that it is pay ing in the best circulating me-
dunn Of The country, and 1t cannot pay in
anything better, for its own assets are eth
er in government securities or in
notes or bonds payable in government
paper.
1t is equally convenient as 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 collaIerals for
discounts.
Convertible into a Sir per cent. $50
Gold Bond.
In addition 10 the vary liberal %interes, on
the notes for three years, this privilege of
conversion is now worth about three per
cent. per annum, for the current rate for
premium, and before the war the premium
Cd six per cent. United States Stocks was
over tweHiy per cent. II will be seen that
the actual profit on this loan, al The present.
market raie, is not less than ten per cent.
per annum.
It's Exemption from STATE or Municipal
TaTation.
But aside from all the advantages we
have enumerated, a special acI oil Congress
exempt all Bonds and Treasury Notes from
local Taxation. On the average, this ex-
enption is worth about two per cent. per
annum, according to the rate of taxation in
various pats OF the country.
Il is believed thai no securities offer so
great inducements TO lenders as those issu-
ed by the government. la all other forms
of Indebtedness, the fats 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 10 secure the discharge of
all The obligations Of The UniIed States.
While the government offers the most
liberal terms for It's loans; il believes that
the very strongest appeal will be The 10y aliy
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 wheth-
er they are TO be issued in blank or paya-
BILE TO order. When so endorsed il must
be leh with the officer receiving The depo-
sill, 10 be forwarded to The Treasury depart
meni.
Subscriptions will be received by The
Treasurer of the Cniied SiaIes, at Washing
ton, The several Assistant Treasures and
designated Depositaries, and by the
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