The Sun.
London, England, 1849-09-25 00:00:00

AUSTRIA AND HUNGARY.

The subjoined conditions concerning the opening of
a State Loan are published, agreeably to orders issued
by the Imperial Royal Finance Department on the
14th of September, 1849 :--
" 1. The loan to be opened will consist of the nominal
sum of 71,000,000 of florins, in State Bonds, at 4} per
cent.

"2. Thess bonds will be emitted for the sums of 1,000
florins, 500 florins, and 100 florins, to which the half-
yearly coupons will be annexed, on producing which the
interest:will be paid at the National Debt Pay-office.
"3. As long as it is permitted to invest interest, which,
when due, is payable.in Frankfort-on-the-Maine, or in
Amsterdam, in Five per Cent. State Bonds, the coupons
of the present loan, as they become due, may be employed
u the same way.
"4. For each 100 florins of these State Bonds 85
florins Conventional currency in ready money is to be
paid.
" 5. The subscription begins on the 22d of September,
1849, and will close on the 4th of Octiobor of the same
year.
" 6. In addition to the pay offices mentioned in the
paragraphs 2 and 9 of the annexed condition, the bank-
ing. house of Hope and Co., in Amsterdam, is empowered
to receive subscriptions, deposits, and instalments. Sub-
scriptions, deposits of earnest money,. and instalments
can therefore be made at the above-mentioned banking-
house, in the same way as at the pay c ffices, which are
mentioned in paragraphs 2 and 9 of the annexed condi-
ditions of the present loan.
" The Imperial Royal Chief of the Pt ovince of Lower
Austria,
" GUSTAVUS COUNT 'CIIORINSKI.
" Vienna, Sept. 15, 1849.
CONDITIONS CONCERNING THE OPENni-O OF A STATE
LOAN.

"In accordance with a resolution of the Diet sanc-
tioned by his Majesty on the Bth of January, 1849, a
loan for the Imperial Royal Austrian Finances will be
negotiated on the following terms :
" 1. The loan will be made by way 'of voluntary sub-
scription. Every one is at: liberty to .subscribe to the
same. The lowest sum for which one can share in the
loan is fixed at the nominal worth of ],ooolls. in State
bonds. Two or more persons can unirk, and under one
name subscribe for this lowest sum, and: they will be con-
sidered as one subscriber.
"2. Every subscriber has to present a memorial,
which is free from stamp duty, to the offices of the Na-
tional Bank, to the provincial pay -offices, or to such
offices or persons at home or abroad as- will, having been
appointed, be separately made kno frn. From such
offices or persons blanks for such intmioriali are to be
had gratis.
"3. Every memorial must have the carneet money
appointed in par. 4 enclosed. A zec:iipt will, on de-
wand, be given to the subscriber for the memorial and
enclosed earnest money.
"4. The earnest-money is 10 per cue nt. on the sum
subscribed, and must be paid in ready m oney.
" 5. Should the amount of all the subscriptions ex-
ceed the sum of the loan to be made by one-fifth, then
the several sums subscribed will only be accepted by the
Finance Department in proportion to the whole loan,
and always for such an amount as can be divided by 100
without leaving a remainder.
"6. In proportion to the diminution. (according to
par. 5) of the sum subscribed will be the reduction of
the earnest-money, and the sum exceeding the reduced
earnest-money will, on demand, be mid back to the
subscriber.
"7. Within 14 days from the termination of the
period appointed for subscription, the mum total of the
subscriptions will be made known in the Vienna Zeitung;
and, at the same time—should the case mentioned in par.
5 have occurred—the proportions in which the diminu-
tion of the sums subscribed have to take place.
" 8. The payments of the subscriptioms, or of the sums
diminished, according to par. 2 5, are to be made in
ten equal montlily instalments, and as the earnest-
money deposited at the time of submeiption counts for
one instalment—
" On the 14th November,
15th December,
15th January,
15th February,
15th March,
15th April,
15th May,
14th June,
15th July,
Each separate instalment must conta

1849.

1850.

iz such a nominal

amount Of the loan as is divisible by 100 without a re-
mainder; the means of doing which is given by the per-
mission to make anticipatory instalmec,ts, as contained
in par. 13.

`` 9. The payments are generally to be made at the
principal pay-office of the National Bank in Vienna.
The subscribers are, however, at liberty to mention in
the subscription memorial one of the branch establish-
ments of the National Bank, or, if there is none, the
Provincial Receiving office, at which they wish to make
their payments.
" 10. Five or Three per Cent. Exclequer•bills, as
well as Partial Mortgage Bills (Partial. Hypotheka
An-
weisungen) will be considered as cash., as well for the

earnest mOney as for the instalments. The interests on
those Five per Cent. Partial Mortgage Bills which are
not due must be paid up by the subscriber from the day
on which the bonds are deposited to the day on which
the interests become due.

" Ii . The earnest money (par. 4) will be considered
as the first instalment. After having paid the second
instalment, the subscriber on returning the receipt (par.
3) will receive a bond ad interim on the loan, and the
amount of state bond corresponding to the first instal-
ment, the bonds bearing interest payable half-yearly
from the day on which the payment WaS made. Should
the case mentioned in par. 5 have occurred, the amount
of earnest money will be rectified according to par. 6.
The second instalment then becomes the earnest money,
and a corresponding amount of State Bonds will only
be handed over to the subscriber when the third instal-
ment is paid, which will then in its turn become the

earnest money. In this way each subsequent instalment
willbe considered earnest money, and when made the
State Bonds corresponding to the preceding payment
will be handed over to the subscriber.
" When the 10th instalment is made, the State Bonds
corresponding to the 9th and 10th instalments will be
delivered to the subscriber.

" 12. The bond ad interim on the loan must be pro.
(laced at the payment of each instalment, that such pay-
ment may be entered on it.
" 13. Each subscriber can pay all or some of the in-
stalments at onca before they are due, and receive the
corresponding amount in State Bonds. A partial an-
ticipatory payment of the instalments can, however, only
be permitted when the amount of State Bonds corre-

sponding to the same can be divided by 100, without a
remainder.

" 14. Should one single instalment not be paid upon
the day on which it becomes due, the earnest money is
forfeited to the treasury of the State, and the subscriber
has neither rights nor obligations as to the future instal-
ments.

" 15. He who subscribes to a higher amount than
25,000 florins, or collects subscriptions to an amount
surpassing that sum, and deposits the earnest-money
required in par. 2, will receive a provision of a
per cent. on the amount of the payments made."
It was rumoured in Vienna that the Austrian and
Russian Ambassadors had quitted Constantinople.