The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1864-08-17
U. s. 7-sO LOAN

tice that subsc riptions will be received for
Coupon Treasury Noies, payable three
years from Aug. 10Th, 1864, with semi
annual Interest at Ibe rate of -seven and
three-ieht1s per cent. per annum,-princi-
pal and interest both 10 be paid in lawful
money.
These notes will be convertible al 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.
lions of $50, 300, $500, $1,000 and SIS, 900,
and all subscriptions mus, be forfifty 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
~tIficates of Deposit as they eau be prepared.
As the notes draw interest from August
18th: persons making deposits subsequent
to that date must pay the interest accrued
from dale of note TO date OF deposit.
Parties depositing twenty five dollars
aud upwards for these notes al any one
time will be allowed a commission o. 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 he 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 BACK which
pays lis depositors in U. S. Notes, considers
that it is paying in the best circulating me-
dunn of the country, and it cannot pay in
anything better, for lie own assets are eth
err in government securities or in
notes or bonds payable in government
paper.
II is equally convenient as a temporary
or permanent inve stment. The notes can
always be sold for within a fraction of their
face and m ulaied interest, and are the
best security with banks as collalerals for
discounts.
SOtOCTttOfC LfftO u OIL UCT CCHL. O-<V
Cold Bond.
In addition TO the vary liberal interest on
the notes for three years, This privilege of
conversion is now worth about three per
$50 Bonds is not less than nine per cent.
premium, and before The war The premium
on six per cenI. United States Stocks was
over tweRry per ce nj. II wall be seen that
the actual profit on this loan, at The present
market rate, is not less han ten per cent.
per annum.
Its Exemption from STATE or Municipal
TdTdti0n.
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
emption is worth about two per ceni. per
annum according 10 the rate of taxation in
various parts OF the country.
Ii is believed that no securities offer so
great inducements 10 lenders as those issu-
ed by the government. In all other forms
of indebtedness, the faith or ability Of pri
vate parties, or stock companies, or sepa-
rate communities, only, is pledged for
payment, while the whole property OF the
country is held 10 secure the discharge OF
all the obligations OF the United States.
While the government offers the most
liberal terms for lis loans; il 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 must
endorse upon the original certificate the
denomination of notes required, and whelh-
er they are 10 be issued in blank or paya-
BILE 10 order. When so endorsed il must
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
ton, the several Assistant Treasures and
designated Depositsries, and BY the
First National Bank
of Bloomsbury, Pa.
And all National Banks which are deposit