The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-01-13
UNaTEO sTAgEs 5-sO, s.

The Secretary Of the Treasury has not
yet given notice of am iDiention TO with
draw this popular Loan from Sale al Par,
and until Ten days notice is given, the
undersigned, as General Subscription OH
Agent" will continue 10 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
tor use as the basis Tor circulation by Ma
tIopal Banking Associations now organiz-
ing in all parts of the country, will, in
very short period absorb the balance
Sales have lately ranged from len TO fif-
teeu millions weekly, frequently exceed
ing three millions daily, and as II is well
known thai the Secretary of the Treasury
has ample and unfailng resources in The
Dolies on Imports and Ilernal Revenues
and in The issue of the Interest bearing
egal Tender Treasury Notes, il is almost
certainty that he will not find it neces-
saay, for a long time 10 come, to seek a
market for any othe long or permanent
Loans, The Interest and Principal of which
are payable ia GOLD.
Prudence and self interest must force
the minds ofthose contemplating the for
nation of National Banking Associations,
as well as the minds OF all who have idle
money on their hands, TO the prompt con.
clusion that they should lose no time in
subscribing TO this most popular Loan
ii will soon be beyond their reach, and
advance TO a handsome premium, as was
the result with the "Seveu Thirty" Loan,
when it was all sold and could no longer
be subscribed for at par.
IT'S A SIX PER CENT LOAN, THE
Interest and Principal payable in Coin,
thus yielding over Nine per cent. per an
mum al the present rate OF premium on
Coin.
The Government requires all dnies on
! Imports 10 be paid in coin; Ihnse dulles
/ have for long time past amounted Ia
! over a Quarter of a Million of Dollars
daily, sum nearly three times greater
| than that required in The payment of the
| Interest on all the 5-20's and olber perms-
nent Loans. So that il is hoped that the
surplus Coin in tue Treasury, at no dist ami
/ day, will enable The United States 10 re-
sumo specie payments upon all liabilities
The Loan is called $40 from Inc tacl
/ that whilst The Bonds may run for twenty
! years vel the Government has a right 10
pay them off in Gold al par, al any time
| after FIVE years.
The Interest rs paid half yearly, viz: or
| the first day OF November and May.
| Subscribers can have Coup Bonds
which are payable TO bearer. and are $50
500, $500, and $1,000; or Registered bond,
of same denominations, and in addition
IS 900 and $40, 900. For Banking purpo
| ses and for investments of Trust monies
the Registered bonds are preferable.
These 5-2O's cannot be taxed BY States
/ ciues, towns, or counties, and the Govern
ment tax on them is only II per cent, or
/ the amonm of income, when the inc come
! of The holder exceeds Six bnndred dollar,
| per annum; all other investments, such a.
| income from Mortgages, Railroad Stock
I and Bonds. c., must pay from three lC
! five per cent. tax on the income.
( Banks and Bankers throughout the coun
I try will continue 10 dispose of the bonds
and all orders by nail ,or otherwise, prom
pity attended TO.
The Inconvenience of few days delay
| in the delivery OF the Bonds is unavoida
| bic, the demand being so great; but as in
iereSt commences from The day OF sub
scription, no loss is occssioned, and ever,
eiTert is being made 10 diminish the delay
JAY COOKE,
SUBSCRIPTION AGENT,
ia South Third Street, Phila.
| no,opo har 1912