The Sun.
London, England, 1862-04-05 00:00:00

EGYPTIAN GOVERNMENT LOAN,
authorised by 11. I. M. the Sultan, for £1,811,040 ster-
ling, to be issued in Bonds amounting to £2,195,200 at
82 per cent..
The Bonds to bear interest at 7 per cent. per annum,
from the lst of March, 1862, payable half-yearly in
London.

The Loan to be redeemed in 30 years by an accumula-
ting sinking fund.
The Bonds to be drawn by lot half •yearly, and paid off
at 100. The first drawing in July, 1862.
Agents in London—Messrs, Friihling and GOschen, 12,
Austin-friars.

This Loan has been contracted for by the Viceroy of
Egypt, with the Bank of Saxe-Meiningen, for the purpose
of extinguishing the floating debt of Egypt, and is specially
secured on the revenues of the provinces of the Delta, pro-
ducing an annual sum exceeding £600,000 net, while the
charge for the interest and sinking fund on the Loan will
be £176,000 per annum.
The net revenue of Egypt, after providing for the tribute
to the Porte, exceeds £3,500,000. There is no foreign pub-
lic debt and no paper currency.
A special authorisation of H.I.M. the Sultan for the issue
of this Loan has been obtained by the Viceroy.
The Sultan's authority, and the special appropriation of
the revenue of the Delta as security for the Loan, will,
under the terms of the contract, be stated in the bonds,
Arrangements have been made for the regular transmis-
sion of the requisite funds for the half-yearly interest and
sinking fund to Messrs. Frilhling and GOschen, in London.
I he terms of issue are as follows

5 per cent. on Application.
10 „ on Allotment.
15 „ 10th May, 1862.
15 ~ Nth June, 1862.
15 „ 10th July, 1862.
15 „ 10th August.
71 ~ Ist September, less £3los. per cent., being
one half-year's interest on the nominal
amount of the Bond.
821
Subscribers will have the option of paying the instal-
ments in advance on allotment, or on any of the above dates,
under a discount of 7 per cent. per annum on such prepay-
ments ; but, in default of due payment of the respective
instalments, all previous payments will be liable to for-
feiture.
After allotment scrip certificates will be issued to
" bearer." These certificates will be exchanged for bonds
to "bearer" of £lOO, £5OO, and £l,OOO each, after payment
of the final instalment. Coupons will be attached to the
Bonds, payable the Ist of March and the Ist of September,
at the counting-house of Messrs. Frilhling and Gfischen.
The drawings for redemption of the Bonds will take place
every half-year, in the months of July and January, in
London, in the presence of a notary public.
The Bonds so drawn will be paid at par with the half-
yearly dividend.

_
The first drawing will take place in July, 1862.
The original contract for the Loan is deposited at the
Bank of England, in the names of the Bank of Saxe-Mein-
ingen and Messrs. Friihling and GOschen. A certified
translation can bo inspected at the office of Messrs. Fresh-
fields and Newman, 5, Bank-buildings, London.
Applications for allotment to be addressed to Messrs.
Friihling and Goschen, 12, Austinfriars.
Forms of application may be obtained of the brokers,
Messrs Laurence, Son, and Pearce, Auction Mart, E.C.
In the event of no allotment being made, the deposit will
be immediately returned.
FRUHLING and GOSCHEN, Agents for the Loan.
EGYPTIAN GOVERNMENT LOAN.
FORM OF APPLICATION.

To be forwarded to Messrs. Friihling and Giischen, 12,
Austinfriars, after payment of the preliminary deposit
to the bankers,
No-.
To Messrs. Friihling and Gosehen, Agents for the Egyptian