The Sun.
London, England, 1852-10-12 00:00:00

SPANISH BONDHOLDERS.

Subjoined is the Royal decree, as it has been
published in the French papers, regarding the op-
tion to be given to the holders of Spanish bonds to
exchange their present stock for a smaller propor-
tion of a stock bearing an immediate interest of
three per cent. It is very obscure, and the entire
way in which the affair has been managed has been
exceedingly favourable for the purposes of specu-
lation :

-"Art. 1. The holders of the New Three per Cent. De-
ferred Stock are to be allowed to change their bonds at
the price fixed by the Government for a three per cent.
consolidated stock.
"2. Every six months the Cabinet will determine the
price at which the exchange can be made during that
period, and the amount that may be exchanged,
i reserv-
ing the power of increasing the amount n proportion to
the demand.
" 3. Every month, at the period fixed by the Junta of
the debt, which will be advertised previously, the propo-
sals of the holders will be made known to the Junta. The
Junta will admit those proposals which, at the price
named, are the most advantageous, and which do not ex-
ceed the amount fixed by the Government. If that
amount is more than the amount tendered for, the Junta
will make it known to the Government, who will adopt
me:
presented during the same monthly
period
pecrooprdo.isnaglsly.
4.su measures
and admitted, notwithstanding they may consist
of different prices, will be converted at the rate of the
highest bidding.
3. As soon as the proposals are accepted, the Minis-
try of the Public Debt will cancel the old bonds, and
proceed to the delivery of the 3 per cent. consolidated
bonds with the least possible delay.
"6. All bonds given in for exchange and those de-
livered in exchange will bo with interest for the current
half-year.
"7. The holders of the exterior deferred debt can ex.
change either against 3 per cents. exterior or interior
but
bonds at pleasure,the
holders of the interior deferred
can exchange only against 3 per cents. interior consoli-
dated.
"8. The Finance Commissions at London and Paris,
and the Vice• Consul Amsterd.ein, will accept pro-
posals by sealed letters,
which will. be sent to Madrid to
be opened with the nsual.forr_nal formalities.
"9. The conversion will be made with no little delay
as possible.
" 10. The Juntaof the Debt will establish the precise
rules of this conversion."

newly-invented, verysmall
[ADvEIITISENt ENT.]--.1. HE ROYAL EXHIBITION.-•• A.
powerful waistcoat
the size of a walnut, by which a person can be
on the Race-course, at the Opera-houses seen and known miles distant they answer every purpose
pvnalcukaebtleg,lass,
and ships are clearly seen at 12 to olu4sems ;ilecao.unttpe, sacreeneirny.
eanrie.street,
in-
valuable for shooting, deer stalking, yachting, toY Sports-
amten3,9,GeAnitbleemm Gamekeepers,
pieea d i
landly, l'our i
observe,s t sg.
York-hotel. Tel oppositeTh had
de
Telescopes ..A new and most important in-
vention in Telescopes,
possessing such extraordinary powers,
that some, 34 inches, with an extra eye piece, will
show distinctly, Jupiter's Moons, Saturn's Ring, and the
Double Stars. With the same Telescope, weighing only three
ounces, can be seen a person's countenance 31 miles distant,
and an object from 16 to 20 miles. They supersede every
other kind for the waistcoat pocket, and are of larger and all
sizes, with increasing powers accordingly. Opera and Race-
course glasses, with wonderful powers ; an object can be
' clearly seen from 14 to 16 miles distant. Messrs. S. and B.
Solomons, Opticians, have invented invaluable preserving
Spectacle Lenses, immediately they are placed before imper-
feet vision, every object appears clear and distinct, the most
aged defective sight becomes bright and brilliant, is brought to
, its youthful, natural, and original state. The Invisible Or-
I ganic Vibrator, and all hinds of Acoustic • 'nstruments for relief
of extreme deafness.-39, Alberrnarle-street, Piccadilly, ob-
serve opposite the York Hotel.
THE DRE ADFUL MURDERS NEAR. ABERDEEN.—
The public prosecutor concluded on Wednesday the pre•
cognition of the charge of murder preferred against George
Christie, and he is now fully committed to take his trial at
the next assizes.
A general sanitary inspection of the dis-
tricts of the south side of the metropolis has been completed ;
and an inspection of the principal seats of fever in the north
side has been in progress by Dr. Sutherland, the inspector to
the General Board of Health, with assistants.
ANTWERP, OCT. 10.—Sir William Waller and
family arrived yesterday by the General Steam Navigation
Company'a etearalhip liarensbourne, from I,9ladou