The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-09-21
U. S. 1880 LOAN.

u % NV VIM
The Secretary of The Treasury gives no.
tice that subscriptions will be received for
Coupon Treasury Notes, payable three
years from Aug. Ism, 1861, with semi
annual interest at The rate of seven and
lhree-ientbs per cent. per aunum,-princi-
pal ADD interest both to be paid in lawful
money.
These notes viii be convertible at the
option of the holder al maturity, into six
per cen, gold bearing bonds, payable not
less than five nor more Than twenly years
elect. They will be issued in eenomins-
lions of $50, si0o, $500, $1,000 aud S5 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
~tlficates Of Deposit as they can be prepared.
As the notes draw inleres, from August
18Th. persons making deposits subsequent
To that dale must pay the interest accrued
rom dale OF note to date OF deposit.
Parties depositing twenty five doIla-s
and upwards Tor 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 10 by the officer with whom the de-
post was made. No deductions for com
missions must 5e made rem the deposits.
Special advantages 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 deposiIors in U. S. Notes, considers
that it is pay in2 in The best circulating me-
dun Of The county, and it cannot pay in
anything better, for It's own assets are eth
er in government securities or in
notes or bonds payable ia government
paper.
1t is equally convenient a a temporary
or permaneu. investment. The notes can
always be sold for within a traction of their
face and accumulated interest, aud are The
best security with banks as colIs,erals for
discounts.
ConUertikLs into a Sir per e $50
In Try HberaLia+eIest On
the MOLE Years, This privilege of
conversion IS Vow worth about three per
cent. per anuum, for the current rate Tor
$40 Bonds Is not less than nine per cent.
premium, aud before The war the premium
on six per cent Uuited States Stocks was
over tweHiy per cenl. /, will be seen thai
the actual profit on this lean, at the present
market rate, is not less than ten per cent.
per aanum."
It's Exemption from State or Municipal
IaTafion.
But aside rom all the advantages we
have enumerated, a special act OF Congress
exempt all Bends aud Treasury Notes from
local Taxation. On the average, this ex-
symptom is worth about TWO per cent. per
anuum, according 10 the rate of taxation ia
various parts OF the country.
Ii is believed that no securities offer 30
g'eai Inducements 10 lenders as those is>u-
ed by the government. la all other forms
of Indebtedness, the faita or ability Of pri-
vsfe parties, or stock companies, or sepa-
rate communities, only, rs pledged for
payment, white the whole progeny OF the
country is held TO secure the discharge OF
all the obligations OF The Unled States
While The government offers the mosl
liberal terms for It's loans; it 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 mus
endorse mon Tie original certificate the
denomination of noles required, aud wheth-
er they are 10 be issued ia blauk or paya-
BILE 10 order. When so embossed il mus,
be left with the officer receiving Inc depo-
sill, to be forwarded to the Treasury depart
menL.
Subscriptions will be received by the
of the United States, at Washing
ton, The several Assistant Treasurers and
designated DeposItaries, and BY the
First National Bank
of bloomsbury, Pa.
49, n