The Sun.
London, England, 1864-04-04 00:00:00

VENEZUELA GOVERNMENT SIX PER
CENT. LOAN-C 1.500,000.

In Bonds of £5OO, £2OO, and £lOO.

THE GENERAL CREDIT AND FINANCE COMPANY
OF LONDON (Limited)
Beg to announce that th( y are authori4ed by the Govern-
ment of Venezuela to offer to the public a Lcan for that State,
to the extent of £1,50,000 n,minal Capit .1, upon the fol'ow•
'nix terms :
The Bonds will be issued for sums of £503, £2(O, and £ 00
each. They will bear interest as from the st October, 1861,
at the rate of six per cent. per annum, with Coup ins attached,
payable half-yearly, on the Ist April and Ist October at the
Offices of the General Credit and Fi. ance Company in Lon-
don, in sterling, or at the Offices of NI, F srs. Salomon Oppen-
heim, jun., and Co , Cologne, in tbalers, at the exchange of
the day.
The price of issue is £6O per £lOO Stock, and payment will
be required as follows :
£5 on application.
£lO on allotment, less £3 half-year's interest accrued.
£l5 on Ist June.
£l5 on Ist August.
£l5 on Ist September, less £3 half-year's interest accrued,
due let October.

Discount at the rate of 6 per cent. per annum will be allowed
on pre-payments in full making, with allowances, the price
of issue under £55.

In case of non-allotment, the deposit will be returned,
Should a less amount be a lotted than that applied for, the
deposit will be made availab e towards payment on the
allotment, and the balance, if any, returned to the applicant.
The object of the Loan is to effect a settlement of the
general financial condition of the country, to assist in mak-
ing roads and improved c mmunieations, inland and coast-
wise, to pay off some existing claims, and generally to
develope the agricultural resources and industry of the
c)untry.
The 'Loans. Interest, and Sinking Fund are secured by a
special hypothecation of the whole export duties leviable at
the ports of the Itt public, La Guayra, Puerto Cabello, Mara-
caibo, and Ciudad liolivar. These are warranted by the Go-
vernment as wholly uncharged (or that, if any claims can be
substantiated, they shall be met out of the proceeds of the
Loan), and as producing more than sufficient to meet th e
charge of the present Loan. The produce of the Export
Duties last year is stated to have been £221,500, and an in-
crease is expected. In the event of aoydeticienoy, the amount
is to be made good by a further special hypothecation of the
uncharged import duties at all the ports of Venezuela.
The consent of Earl Russell has been obtained for the col-
lection of the duties o hypothecated by her ajesty's Consuls
at he several Ports, associated with the Company's Agents,
and the requisite amount will be transmitted twice a month
to the General Cre lit and Finance Company of London.
Out of the same, £,20,01,0 a-year will be applied to the pay-
ment of the interest and redemption o' the debt, as follows :
£90,000 to be applied in the first instance to the payment of
the interest.
£30,003 to a sinking fund ; this amount being augmented
periodically by the interest on bends that shall have been
bought up or redeemed.
The sinking fund shall be applied to the purchase of Bonds
in the open market, it th" price is at or below par, or to their
redemption by lot in the usual way, if above Far, year by year
until the whole shall have been paid off.
The first purchase or redemption to take place lst October,
I 864. - - - -
. _

The documents relating to the authorisation of the Loan,
and the ratification of the same by the Constituent Assembly
of Venezuel under date 14th January. 186►, with Notarial
translations, are open for inspection at the offices of the Ge-
neral Credit and Finance Company, 7, Lothbury, where
applications for the Bonds, in the annexed form, will be
received.
Applications will also be received by the London and West-
minster Bank ;

By the Union Bank of London ;
And at Cologne, by Messrs. Salmon Oppenhelm, jun., and
Co. ;
Amsterdam, by Messrs. Lippman, Rosenthal. and Co.
Prospectuses and Forms of Application may be had at 7,
Lothbury, and of the Brokers.
London, 7, Lothbury, Apr, 1, 1864;

FORM OF APPLICATION.
VENEZUELA GOVERNMENT SIX PER CENT. LOAN.
To the General Credit and Finance Company of London
(Limited).
Gentlemen,—l request that you will allot to me
in the above Loan, on which I have made the
required Deposit of 5 per Cent on £ and I
agree to accept that amount of Stock, or any less sum that
may be allotted to me. and to pay the further instalments
thereon, according to the terms of the prospectus.
I am, gentlemen. your obedient servant.
Usual signature
Name in full
Profession
Address