The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-11-09

4 llEo tuot S400I tl0 VII 70 tCCCANCd "
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 annum,-princi-
pal and interest both to 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, as the Government may
elect. They will be issued in cenomina-
lions of $50, 800, $500, $1,000 and SIS, 600,
and all subscriptions fnust be for fifty dol
lars or some multiple of fifty dollars.
The notes will be transmitted 10 tie
owners free of transportation charges as
soon after the receipt Of the original Ger
t~lficates of Deposi, 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 TO DATE Of deposit.
Parties depositing twenty five dollars
and 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 bin 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 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 depostors in US. Notes, considers
that it is paying in the best circulating me-
dunn of the country, and it>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 d fraction of their
face and ulated interest, and are the
best security with banks as colla,erals for
discounts.
Convertible into a Sir per cent. $50
Gold Bond.
In addition TO 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 WARTIME premium
on six per cent. United States Stocks was
over tweHIy per cent II will be seen that
the actual profit on this loan, at The present
market rate, is not less than ten per cent.
per annum.
It's Exemption from STATE or Municipal
TGTdfiOn.
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 to the rsie of taxation 10
various parts OF the country.
Ii is believed hat no securities offer so
great inducements TO lenders as those issu-
ed by the government. In all other forms
Of indebtedness, the faits or ability Of pri-
vale parties, or stock companies, or sepa-
communities, only, Is pledged for
payment, while The whole properly OF the
country is held TO secure the discharge Of
the obligations of The United States.
While the government offers the most
liberal terms for its ioans, IL believes that
The very strongest appeal will be The loyalty
md patriotism OF the people.
Duplicate certificates will be issued for
all deposits. The pesty deposi:ing must
uDon the original certificate The
of noies required, and wheth-
n they are 10 be issued in blaek or paya-
lie TO order. When so endorsed il must
'e lefi with the officer receiving the depo-
il, TO be forwarded to The Treasury depart
nent.
Subscriptions will be received BY the
of the United States, at Washing
on, Ihe several Assistant TreasureTs and
les lgnated Depositaries, and BY the
First National Bank
Of Bloomsbury, ia.