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

VENEZUELA GOVERNMENT SIX PER
CENT. LOAN-21,500,000.
In Bonds of £5OO, £2OO, and £lOO.

VIE GENERAL CREDIT AND FINANCE COMPANY
OF LONDON (Limited)
Beg to announce that they are authori=ed by the Govern-
ment of Venezuela to offer to the public a Loan for that State,
to the extent of £1,5:0,000 nominal Capital, upon the fol'ow-
ing terms :
The Bonds will le issued for sums of £5OO, £2OO, and £ 'OO
each. They will bear interest as from the ist October, 1863,
at the rate of six per cent. per annum, with Coup ma attached,
payable halt-yearly, on the Ist April and Ist October at the
Offices of the General Credit and Ff a ance Company in Lon-
don, in sterline-, or at the Offices of 11,F srs. Salomon Oppen-
heim, jun,, and Co, Cologne, in tnalers, at the exchange of
the day,
The price of issue is £6O per £lOO Stock, and payment will
be repuired as follows :
£5 on application.
£lO on allotment, less £3 half-year's interest accrued.
£l5 on let June.
£l5 on Ist August.
£l5 on Ist September, less £3 half-year's interest accrued,
due Ist 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 imnroved c mmunications, inland and coast-
wise, to pay off some existing claims, and generally to
develope the agricultural resources and industry of the
country.
The Loans. Interest, and Sinkir4 Fund are secured by a
special hypothecation of the wh(lie export duties leviable at
the ports of the Republic, La (‘-inayra, Puerto Cabello, Mara-
caibo, and Ciudad Bolivar. These are warranted by the Go-
vernment as wholly
uwfnarefed (or that, if any claims can be
substantiated, they ;pall
be met out of the proceeds of the
Loan), and as Producing
charge of the more than sufficient to meet the
present Loan. The produce of the Export
Duties last year is stated to have been £221,500, and an in-
.,cre,ase is expected. In the event of any deficiency, the amount
L'9l ,
~e made good by a further special hypothecation of the
uir,narged 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 Majesty'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 tit and Finance Company of London.
Out of the same, l20,0r.: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. _

£30,000 to a sinking fund; this amount being augmented
periodically by the interest on bsncla that shall have been
bought up or redeemed.
The 2inking fund shall be applied to the purchase of Bonds
in the open market. it the price is at or below par, or to their
redemption by lot in the usual way, if above par, year by year
until the whole shall have been paid off.
The first purchase or redemption to take place Ist October,
1864.

The documents relatirg to the authorisation of the Loan,
and the ratification of the same by the Constituent Assembly
of Venezuel under date 14th January, 1861, 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-
iinster Bank ;
By the Union Bank of London ;
And at Cologne, by Messrs. Salmon Oppenheim, jun., and
:0. ; _

AMsterdam, by Messrs. Lippman, Rosenthal. and Co.
Prospectuses and Forms of Application may be had at 7,
,othb7y, and et the Brokers.

London, 7, Lothbury,lpril, 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