The Sun.
London, England, 1864-11-14 00:00:00

The New Austrian Loan,

VIENNA, Nov. 9.
The loan opened upon the 2d of May last, in the
expectation of obtaining a total of 70,000,000 flea
►ins in silver, not baying been completely issued,
Herr von Fierier, the Finance Minister, has now
published proposals for a loan of 25,000,000 florins,
at 5 per cent. interest, repayable in five yearly in-
stalments, upon the following terms:—
" 1. The loan of 25 millions is opened by way of
public subscription, in which any private individual
may participate. The subscription will commence
upon the 14th of November, and be closed on the
21st of November, 1864, at eight o'clock p.m. The
result will be published at latest by the 23d of No-
vember. If the amount subscribed exceeds the 25
millions, a proportionate reduction will be made in
the largest subscriptions.
" 2. The loan is issued at the price of 87 florins
for a subscription of 100 florins.
"3, The scrip to bear the name of the holder for sums
of 1,000, 500, and 100f1., and will be furnished with 13
coupons, payable on the Ist of June and the Ist De-
cember of every year, the first of which will fall
due June 1, 1865.
" 4. The part-scrip may be used for the payment
of all taxes and public contributions not payable in
cash, at its full nominal value, i. e., the Ist part
after the Ist December, 1866, the second after the
Ist December, 1867, the third after the Ist Decem-
ber, 1868, the fourth after the Ist December,lB69,
and the fifth after the Ist December, 1870, pro-
vided the scrip does not exceed in value the sum to
be paid, and has not been due more than one year.
Coupons due may also be employed for these pays
ments provided they have not been dua more
than a year, and after deduction of income tax.
Interest:due attaching to the scrip will be reckoned
in the total of payment. Interest not yet due must
be made up at the Treasury by the holder.
"5. The repayment of the loan will be made ac-
cording to the fall rominal value of the scrip at
the General National Debt Fand Office at Vienna,
or at branch offices established for the purpose in
the various territories belonging to the Crown, in
five equal annual payments, viz., 20 per cent. each
Ist Jane, 1867, 1868, 1869, 1870, and 1871. Each
bond will therefore consist of five portions, each
amounting to one-fifth of the whole subscription.
Interest will be paid by the same fund as is charged
with the repayment of the capital.

" 6. The day each part-bond falls due for repay
merit, that portion will cease be bear interest
The coupons attached to each will show the amoun'
of interest chargeable.

i, 7. Every person desirous of participating in

the loan must give in an unatamped declaration, and
make a deposit of 10 per cent. upon the sum sub-
scribed for. No subscription will be accepted for
less than 100 florins. Every subscription above that
sum must be divisible by 100, without leaving a
remainder."
(Sections 8-10 refer to the funds into which
the instalments and the deposits are to be paid.)
" 11. The payments may be made in cash, in
coupons of the National Debt, payable within ten
days, or which have not been due more than a year
or in part mortgage bonds at nominal value. Bonds
of the loan of January 18th, 1861, due December
Ist, 1864, may he employed at nominal value for
the payment to be made December 3, 1864.
" 12. Payments shall be made at the funds where
the subscription has been Effected, i❑ five equal
parts, at the following dates :-20 per cent , De.
cember 3, 1864 ; 20 per cent., January 3, 1865; 20
20 per cent., February 3,1865; 20 per cent., March
3, 1865; and 20 per cent., April 3, 1865.
" 13. Payments in advance will be entitled to 5
per cent. interest, reckoned from the actual day of
payment until the day when the payment should in
ordinary course have been made.

" When an instalment is not paid upon falling
due the deposit is forfeited to the Treasury, and
the subscriber ceases to have any share in the loan.
" 15. The Bite of the distribution of the bonds
will be published in due course.
(Signed) " PLENE,R, Finance Minister.
Vienna, November 8, 1864."