The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-02-03
UNITED STATES 5-sO's.

The Secretary of the Treasury has MOI
| yet given notice of anv Intention 10 win
draw this popular Loan from Sale al Par,
! and until ten days notice is given, the
undersigned, as General Subscription
Agent will continue to supply the public
/ The whole amount OF The Loan author
/ lied is Five Hundred Millions Of Dollars,
! Nearly Four Hundred Millions have been
already subscribed for and paid into the
Treasury, mostly within the last seven
mon hs. The large demand from abroad
and the rapidly increasing home demand
for use as the basis for circulation by Ma.
toDal Banking Associations now organiz-
! ing in all parts of the country, will, in a
very short period absorb the balance
Sales have lately ranged from len to ff-
teen millions weekly, frequently exceed,
ing three millions daily, and as II is well
known tn the Secretary of the Treasury
has ample and untalling resources IN the
Duties on Imports and tlernal Revenues
and in he issue of the Interest bearing
Legal Tender Treasury Notes, il is almost
a certainty that be viii not 6nd ii neces-
saay, for long time 10 come, 10 seek a
market for any ether long or permanent
Loans, The lnterest'aad Principal of which
are payable ia GoLD.
Prudence and self interest must force
the minds those contemplating the for
nation OF National Banking Associations,
as well as the minds OF all who have idle
money on their hands, 10 the prompt con.
clusion that they should lose no time in
subscribing 10 this most popular Loan
Ii will soon be beyond their reach, and
advance to handsome premium, as was
the result with the Seven Thirty" Loan,
when ii was all sold and could no longer
be subscribed for at par.
1T Is A SIX PER CENT LOAN, THE
Interest and Principal payable in Com.
thus yielding over Nine per cent. per an
mum at the present rate of premium on
Coin.
The Government requires all duties on
Imports 10 be paid in coin; thuse duties
have for long time past amounted 10
over Quarter OF a Million of Dollars
daily, a sum nearly three times greater
than that required IN The payment Of the
Interest on all The 5-20s and oIher perma-
neni Loans. So that il is hoped that the
surplus Coin in the Treasury, at no dis ant
day, will enable The United States 10 re-
sume specie payments upon all liabilities.
The Loau is called 20 from the fact
that whilst the Bonds may ruu tor twenty
years yet the Government has right 10
pay them off in Gold al par, al any time
after FIVE years.
The Interest rs paid bali yearly, viz: on
the first day OF November and May.
Subscribers can have Coupon Bonds,
which are payable 10 bearer. and are $50,
500, $500, and $1,000; or Registered bonds
OF same denominations, aud in addition,
S5, 900 and $4,000. For Banking purpo-
ses and for investments of Trust monies,
the Registered bonds are preferable.
These 5-2O's cann0l be taxed BY States
cities, towns, or counties, and the Govern
menl tax on tlieHl is only II per cent, on
the amonnt of income, when the inc ONE
of The holder exceeds Six hundred dollars
per annum: all other Investments, such as
income from Mortgages, Railroad Sock
and Bonds. e c., must pay from three TO
five per cent. tax on the income.
Banks and Bankers throughout the coun-
try will continue TO dispose of the bonds:
and all orders by maH,or otherwise, prom
pity attended TO.
The Inconvenience of a lew days delay
in the delivery oil the Bonds is unsvoida-
BILE, the demand being so great; but as in
Ieresi commences from The day of sub
scriplon, no loss is occasIoued, and eveTy
effsrl is being made to diminish the delay.
JAY COOKE,
SUBSCRIPTION AGENT,
ia South Third Street, Phila.
December 2, 1853.