The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-09-07
q. s. 7-3O LOAN.

tice that subscriptions will be received tor
Coupon Treasury Notes, ayable three
years from Aug. 18th, 1864, with semi
annual interest at the rate of seven and
lhree-tenihs per cent. per aunum,-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 eenomina-
tons of $50, 500, $500, $1,000 and IS, 900,
and all subscriptions must be for fifty dol
lars or some multiple of fifty dollars.
The noles will be transmitted to tie
owners free of transportation charges as
soon after the receipt of The original Ger
tlfcates 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 dollars
and upwards for these notes at 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 be made from the deposits.
Special .AdUantages 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 depositors iu US. Notes, considers
that it is pay ing in the b~st circulating me-
dunn of The country, and 1t cannot pay in
anything better, for lis own assets are eth
err in government securities or in
notes or bonds payable 10 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 accumulated interest, and are the
| best security with banks as collateraIs for
discounts.
Convertible into a &c per cent. $50
Gold Bond.
In addition 10 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
$50 Bonds is not less than nine per cent.
! premium, and before the war the premium
on six per cent. United States Stocks was
over tweaIy per ZEN. II will be seen that
lie actual profit on this loan, al The present
market rate, is not less than ten per cent.
per aunum.. j..
| It's Exemption from State or Municipal
TaTGtiOn.
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-
smption is worth about two per cent. per
annum, according to the rate of taxation in
various parts OF the country.
1t is believed that no securities offer so
great inducements to lenders as those issu-
ed by the government. In all other forms
of Indebtedness, the faith or ability OF pri-
| Vale PARTIES, OF elOCh ComPduiOej VI o0Po
rate communities, only, is pledged tor
payment, while the whole property OF the
country is held 10 secure the discharge oil
all the obligations Of the United States.
While the government offers the most
liberal terms for its loans, il believes that
the very strongest appeal will be The loyalty
and patriotism OF the people.
Duplicate certificates will be issued fol
all deposits. The party dePosi:ing must
endorse upon the original certificate the
denomination of notes required, and wheth-
er they are 10 be issued in blank or paya-
BILE 10 order. When so endorsed il mus
be left with the officer receiving the depo-
sit, TO be forwarded TO the Treasury depart
ment.
Subscriptions will be received by The
! Treasurer Of the United States, at Washing
ION, The several Assistant Treasurers and
designated Depositaries, and by the
EIrsf National Rank