The Sun.
London, England, 1863-04-20 00:00:00

MPERT“ OTTOMAN BANK.
. ,
I The Imperi it (Woman flank and its Founders have the
honour to announce that th'y have contracted for a Loan
with the Ottoman Gov. rument, which is to be issued on the
following' terms:—
OTTOMAN LOAN of 153,00 ,000 f. (X 5,000,000 Sterling,
In 30),0 0 Ponds of 500 f., yielding an' annual interest cf 3 f.
each, payable 151. Ist January and 15f. Ist July.
The Bonds are to be paid off at 500 f: each, in 231 years, by
Falf yearly drawings, the first of which will take place In
i‘oymber next.
Apt lications for Bonds will 13,i received from Saturday,
18th, to Thursday. 23d April, 1863.
Price of Issue, 360 f. per Fond, payable L s under :
On Application ..25f 1001., or Xi 0 oon Application.
On Allotment .. ..7.3f: 2 19 4 on Allotment.
10th July loof.. or 319 1
10th September loof ,or 319 4
10th November COI., or 2 7 7

3C6f ,or £l4 5 7
The three last instalments may be paid in advance, interest
being* allow d at tl.e rate of 5 per cent. per annum.
The Bonds b. ar interest t om January Ist, 1E63 and the
first Coupon of 15 francs will to payable on July Ist. Taking
into account toe ',mount of interest accrued, and the terms
allowed for The subsequent payments, the real price of the
Bond to the Subscriber is 312,. Me., giving an annual interest
of 8.76 per cent.

The Bonds being repayable in 211 years, at the price of
50M. a Froth of 110 f. is secured, representing a supp'ementary
int rest of I'B9 per cent. per annum, raising the total rate of
interest to 10.65 per cent
the z ayment of the interest and sinking
fund requires an annual sum of 12,0 o,ooof.
To meet this charge the Turkish Government li,ts hypothe-
Cated the following revenues :

Annual.

Ist—Special Re enues, not pledged for
forme Loans, estima ed at 28,000,000f.
2d—A First Charge on the direct Taxes,
amounting to
3d—The b,lance of the Revenue hypothe-
cated for the Loan of 1t62, estimated by
the Government at
Th" Dividends will be payable in Paris at the Office of the
Soc:6t6 G6n6rale du refit Mobilif r.
In London, by Messrs. Glyn, ills, and Co., on behalf of
the Impe ial Ottoman Bank, at the Exchange of the day.
The Contractors have reserved to the Ottoman Govern-
ment the right of increasing the nominal amount of the Loan
by a sum of fifty millions of franca capital, their decision to
be made within three months. This supplementary Loan
cannot be issued before let .Tanuary, 1564, and the holders of
Bonds of the present Loan will have a preferential option of
subscribing to the subsequent issue, on the terms to be sub-
sequently announced.
The prt seeds of this supplementary issue will be applied,
through e Imperial Ottoman Bank, to the withdrawal of the
debased coinage now in circulation.
Applications received at theA g,encies of the Imperial Otto-
man Bank, 4, Bank-buildings, London, and t 5, Place Ven-
dome, ?arts.
Prospectuses may be obtained at the Agency of the Impe-
rial Ottoman Bank, 4, New Bank-buildings, and horn Mr. G.
k: Seymour, 18, Throgmorton-street.
In the event of the applications exceeding the amount of
the Loan the allotments will be made pro rati.
Calculating the rate of exchange at 25f. the £ sterling, the
Bond•, repayable at £2O each, are issued at £ll Bs., and yield
an annual interest of £1 45., or making due allowance for the
!to crest accrued and the terms allowed for payment of the
instalments at the rate of 8 76-100ths per annum. The diffe-
rence between the price of issue and that of repayment re-
presents a further interest of 1 80-100ths per cent., making a
total of 10 65-100ths per cent. per annum.

OTTOMAN LOAN, 1863.
FORM OF APPLICATION.
To be forwarded to the Agents of the Imperial Ottoman
Bank, 4, Bank-buildin. s, London, after payment of the
preliminary deposit to the Bankers.
Having paid to Messrs Glyn, Mills, and Co., the sum of
£ , I ereby request an allotment of Bonds of
the above Loan, and I hereby agree to accept such Bonds, or
any smaller amount that may be allotted to n.e, and to pay
the instalments thereon, as mentioned in the Prospectus of
the said Loan.

Signature
Addre,a in full
Date

THE EQUITABLE FURNISHING
COMPANY (Limited).
Incorporated under the Joint-st( ck Companies Act, 1862.
Capital X 50,000, in 20,000 Shares of £1 Os. each ; 10s. payable
upon application, and £1 upon allotment. No further call
to be made without a notice of three months.

Edwar I Bell, EsDIRECTORS.
q., 15 , Kennington-square.ensi
J. W. C ark, l 4 sq., , ; High-street, Clapbam ;
and The Acacias, Larkhall-lane.
Sir J. A. Douglas, R.N., Doddington-grove, Kennington-
park.
Charles Pierce, Esq , The Boundaries, Balham, Surrey.
Win. Hayloft Royston, Esq., I, Great Cheyne-row, Chelsea.
John Till, Esq., Park-road, Horns y.
Dlr. Thomas Offen t lark, The Pavement, Clapham-common,
Clapham Old Town, Managing Director.

ANKERS.
London and County Jointß-stock Bank, Lombar :-street, and
Henrietta-street, Covent-2 arden.
BRORER—Fredk. v:rett, Esq 17 and 18, Royal Exchange.
SOLlClToß—Alexander Warrand, Esq., 61, Cheapside.
SECRETARY—Mr. William Carpenter, 8, Brunswick-square.
Außrrons—One to be chosen by the Shareholders.
Temporary Offices —No. 6, Salisbury-street, Strand.
ABRIDGED PROSPECTUS.
This Company has been formed to meet a long recognised
Want. it will enable persons to furnish their apartments or
houses with the money they would otherwiie have to pay as
rent.
A married couple, occupying furnished apartments at a
weekly rental of 305., or £7s per annum, might have similar
apartments, unfurnished, at £lO per annum. The use of fur-
niture, therefore, costs them £4B a year, whereas tne cost of
furnishing would not exceed £ioo—which, being provided, a
saving of £lB per annum wou'd be effected.
The Equitable Furnishing Company will effe:tt this saving
by ~upplyinz, the furniture, the best of its kind, at ready-
money prices, the party making his election to purchase at
the end of a year and a half, two years, or three years. In
the meantime, the furniture will be taken on hire, the hire
being periodically paid. The whole of the payments will be
allowed in the event of purcha e, and thus the money which
would have gone as rent will have bought the furniture.
The charge made by the C :mpany will be 7i per cent. per
annum on the price of the p oods, if purchased at the end of
18 months ; of 81 per cent , if at the end of two years ; and of
10 per cent., if at the end of three years.
The Company will retain the ownership of all furniture
until it has been paid for, so that any appropriation of it
Would constitute a criminal offence. Se•zure for rent is the
only adverse contineency to which the Comrany will be ex-
posed ; but as the deposit payable will always cover the first
rent due, that risk will be small, and it is allowed for in the
estimate of profits.
The Directors have secured an established and first rate
furniture business, returning net profits of more than 20 per
cent , with unusually commod•ous and admirably adapted
premises, in one of the best situations at the West-end #t the
town, and a large stock of well- seaso,•ed Furniture, exhibited
in suites of apartments, in various styles. This will consti-
tute a very advantageous basi, for the Company's own busi-
ness. and justifies the Directors in anticipating for the Share-
holders, after liberally providing for all possible contingen-
cies, interest at the rate o at least ,0 per cent per annum.
The following certificate will be satisfactory on this point :
" Life , Parliaent-street.
"I have gone through the several Office estimatesm and c acula,-
tions upon which the statements in the prospectus of the
Fquitable Furnishing company are based, and I find th,t,
after allowing considerable margin for contingencies, the
probable profits as therein stated are faithfully represented
(Signed) "CHARLES HARDING, F.S. "
Prospectuses may be had, and the art,cles of associSation
and detailed estimates be seen, at the offices of the Company,
and at the Broker's.
A, plieation for shares to be made in the usual f ,rm, accom-
panied by the Bankers' receipt for the deposit 01 Its. per
share, which will be returned in full on all shares not
allotted.