The Sun.
London, England, 1870-10-25 00:00:00

BANKING COMPANIES.

Pd 1
Agra Bank (L) A 8 9 Pd
20 Lon Char of Austrlia 23 24
8 23
25 Alliance (L)
10 Anglo-Austrian ..
20 London and County 47 49
20 Anglo-Egyptian (L) 228 231 15 London Joint-Stock 321 )3 8
23
50 British N American 53 55 20 Lou and Westmnster 60 61
20 Ch of India, Austrlia 141 148 61
148 10 Metropolitan B/ 81
25 Char Merc of India 248 258 20 Midland (14
10 City

LONDON CORN EXCHANGE, MARK-LANE, MONDAY,.-
From Essex and Kent-coastwise as well as by rail-the re-
ceipts of wheat have been limited. There has been a good
attendance of millers, and the trade has been firm for all
qualities. Prices have risen ls. qer quarter. There has been a
good show of foreign wheat on the stands. For all qualities
the demand has been steady, and Russian and American
qualities have advanced ls. per quarter. A large supply
of malting barley has been on offer, but the
quality has been indifferent, and prices, in con-
sequence, have given way is. per quarter. Grinding
and distilling sorts, however, have been firm. Malt has changed
hands slowly, but prices have been maintained. The market
has been fairly supplied with oats. Sales have progressed
steadily, and the quotations have risen ls. to ls. 6d. per qr. Beans
have been steady in value and inquiry. Peas, the supply of
which has been moderate, have been in request at full quota-
tions. The flour market has been firm, and the value of
both town-made and other qualities has been well supported.
METROPOLITAN CATTLE MARKET, MONDAY.-The cattle
trade to-day has been iu a quiet state. Taking into considera-
tion the detention of the French and German beasts at the
waterside, about an average supply has been on sale. The de-
mand has been inactive ; nevertheless the best Scots and crosses-
have sold at ss. 10d. to 6s. per Blbs. As regards sheep the
supply has been limited. The trade has been dull, and the
value of inferior stock has had a drooping tendency. The best
Downs and half-breds have been disposed of at ss. 10d. to 6s. per
Sibs. For calves there has been only a moderate demand, and
pigs have been in limited request. Beasts have sold at from
ss. Bd. to 65.: sheep 3s. 6d. to 6s. . • calves, 3s. 6d. to ss. 10d„
and pigs, 4s. 4d. to Os. 2d. per Slbs. to sink the offal. Arrivals
-English-Beasts, 2,060 ; sheep, 11,360 ; calves, 8.; pigs, 90.
Foreign-Beasts, 900 ; sheep, 4,740; calves, 228 ; pigs, 180. Total
-Beasts, 2,960 ; sheep, 17,100 ; calves, 236 ; pigs, 270.
BOROUGH HOP MARKET, MONDAY.-The supplies of new
produce at this market have continued large. The business
doing has not been extensive, and inferior qualities have been
rather easier in value. The imports into London last week con-
sisted of 135 bales from Rotterdam, 336 from Antwerp, 222 from
Hamburg, and 24 from New York :-Mid and East Kents,
£2 10s. to £7; Weald of Kents, £2 10s. to £4; Sussex, £2 ss.
to £3 10s. ; Farnham and country, £3 15s. to £6 6s. ; and olds,
£1 to £2 10s. per cwt.
BOROUGH. AND SPITALFIELDS POTATO MARKET, MON-
DAY.-Fair supplies of potatoes have been on sale. There has
been a moderate demand, at about late rates. The import into
London last week consisted of 3 casks, 3 bags from Hamburg,
14 barrels Bremen, and 3 hampers at 19 packages from Rotter-
dam :-English regents, 455. to 80s.; Scotch regents 50s. to
80s. ; rocks, 40s. to 55s.per ton.
METROPOLITAN MEAT MARKET, MONDAY.-There has
been a moderate supply of meat in the market. The trade has
been slow, at our quotations. The import into London last
week consisted of 100 packages from Harlingen, 13 Rotterdam,
514 Hamburg, 25 Tonning. Per Blbs. by the carcase :-Inferior
beef, 3s. 4d. to Os. Bd.: middling do., 35. Bd. to 48.; prime
large do., 4s. 4d. to 4s. Bd. ; prime small do., 4s. 10d. to ss. 2d. ;
large pork, 3s. Bd. to 4s. ; small pork, ss. to ss. Bd. ; inferior
mutton 38. 4d. to Is. Bd. ; middling do., 3s. Bd. to 45.; prime
do., 4s. Bd, to 55.; veal, 4s. Bd. to ss.

LONDON TRADE REPORT, MONDAY.-Jute has ruled
firm, at full currencies. Saltpetre has met a fair inquiry. Stock
small. Calcutta on the spot, 255. 6d. to 265. per cwt. Cochineal
-clean Honduras silver not to be obtained under 2s. 6d. per lb.
Bengal and Kuepal indigo are rather dearer. Clean Russian
hemp, £34 to £35.
COLONIAL PRODUCE MARKET, MONDAY.-The sugar
market has ruled very fair, and strong refining qualities have
sold at extreme rates. Demand good for refined ; brown lumps,
395.; common to fine grocery, 395. 3d. to 415.; tittlers, 395. 6d.
to 445.; pieces, 275. to 345. 6d. per cwt. Business in coffee is
small, but prices are without movement. Rice has changed
hands freely, and values have had an upward tendancy. Tea
has been in demand, at stiff currencies. Common sound black-
leaf Congou brings ls.; red-leaf, Is. Oid. to is. Oid. per lb. cost.
LONDON TALLOW MARKET, MONDAY.-The market has
been steady. Y.C., spot, 435. 3d. to 435. 6d. per cwt. Town
tallow 425. 65. nett cash. Particulars : -Stock this day, 38,844 ;
price of Y.C., 435. 3d. to 435. 6d. • delivery last week, 2,390 ;
ditto from June 1, 44,728 ; arrival last week, 5,312 ; ditto from
June 1, 51,312 ; price of town, 425. 6d.
LONDON WOOL MARKET, MONDAY.-The wool market
shews no change of importance. The demand is hardly so
active, but a fair quantity of lustre and demi-lustre sorts has
been disposed of, at full rates. Other qualities have sold
slowly. The import into London last week consisted of 7,658
bales from the Cape, i,524 from Adelaide, 874 from Port Philip,
and 1,411 bales from Sydney. Present prices of English wool.
-Shears: Southdown hoggetts, is. Oid. to is. lid.; Half-bred
ditto, is. 3d. to Is. 4d.; Kent fleeces, ls. lid. to ls. 25.; South-
down ewes and wethers, 10d. to 11d.; Leicester ditto, ls. ld. to
ls. lid. Sorts : Clothing, ls. to Is. 4id.; and combing, ls. to
is. 30. per lb.
LIVERPOOL COTTON MARKET, MONDAY.-This market
opened strong to-day for arrivals. The prices of Saturday are
refused, and is. Bd. more asked. On the spot fully Saturday's
prices are asked. Probable sales 15,000 bales or more. Imports
18,000 bales,
MANCHESTER TRADE REPORT, MONDAY.-This market
to-day is stronger in tone, and dearer in sympathy with the
advance in price, and large daily sales of the raw material in
Liverpool. Ihe advance demanded here is about id. per lb.
on yarns, and 3d. per piece on 39in. shirtings. This advance
has checked buying, and extreme prices are not paid as yet.
Producers are now so well in order that they are indifferent
about selling.
CLYDE CRUSHED SUGAR MARKET, MONDAY.-There
was a fair extent of business done at this market to-day. There
was no alteration in value.

THE WEATHER AND THE CROPS.
The heavy rains of the past week have about made up
for the extraordinary deficiency of a very dry summer.
The ponds have been filling, though not yet full in many
places; and as the temperature has continued mild, the
grain and esculents, which were very short, have been
much improving. The surface in some localities has
almost been too sodden for field-work, but as
the subsoil is yet dry, a few breezy days will
set these matters right. Among the benefits of this
generally short-yielding season, it is a colsolation to find
that Ireland has an abundant crop of potatoes, mostly of
fine quality, and that she is much better off for hay than
England. These things, we hope, will bring tranquillity
to this part of the Empire, as well as prove a reserve
for English or foreign wants, if felt. London for
a month past depressed by heavy foreign imports,
has at last responded to repeated improvements
in price noted in the country ; so that at length,
including the metropolis, we can report there has been
a general rise in wheat of ls. to 2s. per quarter ; and oats,
by the falling-off of supplies, have recovered from Mon-
day's decline of ls. The averages of the past and the
present year have at last agreed, and shew a value of 475.
for the whole country per quarter ; but with London so
much behind other markets, and 50s. 11d. now as its
average, we fully expect a general report at quite
as much. Antwerp and ilambro both being customers
upon the late improved rates, and with the French
fleet hovering again in the North Sea, the winter ap-
proaching, and few signs of peace yet made, we see
nothing to prevent even a greater advance shortly.
France is, indeed so paralysed at present that we have
returned cargoes from her ports; but these will be none
the less wanted as time works on ; and should peace
come, unless we have it shortly, it will be impossible,
with everything so out of course, to remedy the mis-
chief already done by this ruinous conflict, Indeed,
prices in Germany tell us, as plainly as facts can speak,
that this great European emporium is already getting into
straits.—Mark-lane Express.

Pressure of the barometer continues low at all
stations. Temperature has changed very little. It blew
hard from south-west on our western coasts during Satur-
day night, and freshly from the same quarter in the south
on Sunday. The wind has now veered to the north-west-
ward in Ireland and the English Channel, and blows very
hard ; but moderate west and south-west breezes are
chiefly prevalent in the north-east of England, while a
south-east wind is reported from Wick. Heavy rain has
been general. Aurora was seen in London on Saturday
night, and lightning on Sunday night. The weather
is overcast and very unsettled. The sea is rough in
the Louth and west. The western coasts were warned on
Saturday. Warnings now repeated to all but our north-
east coasts.

MOSES and SON'S
1•

Nv INTER OVERCOATS, 19s, to £5.

BOY'S OVERCOATS, 7s. €4. to 455.

MOSES and SON beg to remind the public
E• that the cheapness of an article depends entirely on its
quality, and they venture to affirm that every article sold by them
Is t'.onsiderably cheaper than what can be obtained at any other
ho Ise in England.

MOSES and SON'S

OXFORD COATS, 17s. to 50s.

CAMBRIDGE COATS, 19s. to 60s.

J(ERTCII JACKETS, 15s. to as.

SUTHERLAND JACKETS, 19s. 6d. to 50s.

BUSINESS SUITS, 28s. to 00s.

EMOSES and SON'S easy and accurate system
. of self-measure enables them to execute orders by post
with the guarantee of a faultless tit.

E.
I, 0 SES and SON'S

FROCK COATS, 245. to 635.

DRESS COATS, 256. to 60s.

MORNING TROUSERS, lls. Gd. to 21s.

DRESS TROUSERS, 12s. 6d. to 265.

MOURNING SUITS, 28s. to £5.

MOSES and SON invito special attention
E to their large stock of GEN fLE3IEN'S DRESSING
ROBES, at 18s. to 20 Guineas ; the assortment is unequalled
for variety of materials and designs, and neatness and elegance
of finish.

El MOSES and SON'S

BOYS' CLOTHING :

KNICKERBOCKER SUITS, 9s. 6d. to 40s.

ETON SUITS, 15s. to 40s.

BR GHTON SUITS, 18s. to 48s.

DRESS SUITS, 268. to 635.

FAIOSES-and SON supply every description of
. clothing, ready-made, or made to measure, for all ages,
all occasions, and all classes ; also Hosiery and Drapery, Hats
and Caps, Boots and Shoes, and complete outfits for all climates.
All Goods marked in Plain Figures.
Any tide exchanged if not worn or injured.
List of Prices, with Rules for Self-measure, Patterns, and
Fashion-sheet, gratis and post-free.
• -

, -
E. 31 OSES and SON'S Establishments are closed every Friday
evening at sunset till Saturday evening at sunset, when busi-
ness is resumed until Eleven o'clock.
The following are the only addresses of E. MOSES and SON :

LONDON.
CORNER of MINORIES and ALDGATE.
NEW OXFORD-STREET, CORNER OF BART-STREET.
CORNER of TOTTENIIAM-COURT-ROAD and EIISTON-ROAD.

_
COUNTRY BRANCH.
BRADFORD. YORKSHIRE.

rHEATRE ROYAL DRL :; Y-LA E.—Sole
-I- Lessee and Manager, Mr. F. B. t%:-t.t a a rk.N.—This
Theatre having been re-decorated under the it, tion of Mr.
C. J. Phipps, F.S.A., is now Open for the AUTUM N DEA AIATIC
SEASON, THIS EVENING, Oct. 25. Doors open at half-past Six,
commence at Seven o'clock, and terminate at half-past
Eleven. Prices to the public parts of the Theatre from
Sixpence to Seven Shillings. Private Boxes from One to Four
Guineas. Box-office open from Ten till Five daily.

MISS NEILSON will appear in the character
of AMY ROBSART, in the Drama of that name,
THIS EVENING, Oct. 25.—THEATRE ROYAL DRURY-LANE.

"14 R. T. C. KING will appear in the character of
IT.l_ VARNEY, in the new Drama, entitled AMY ROBSART,
THIS EVENING, Oct. 25.—THEATRE ROYAL DRURY-LANE.

PHOBUS'S FIX, in which the celebrated
YOKES FAMILY will appear at Seven o'clock THIS
EVENING, Oct. 25.—THEATRE ROYAL DRURY LANE.

AMY ROBSART ; a new Historical Romantic
Drama, written by Andrew Halliday ; founded on Sir
Walter Scott's celebrated novel " Kenilworth," with new and
characteristic scenery by William Beverly, at a Quarter to Eight
o'clock THIS EVENING, Oct. 25—THEATRE ROYAL DRURY-
LANE.

AMY ROBSART ; new drama : Characters by
Miss NEILSON, Misses Fanny Addison, Jesse Yokes,
Kemp, J. Mortin, and Rosina Yokes, at a Quarter to Eight
o'clock THIS EVENING, Oct. 25—THEATRE ROYAL DRURY-
LANE.

AMY ROBSART; New Drama, characters by
Messrs. T. C. KING, Morton, Tavares, J. B. Howard,
Brittain Wright, F. Moreland, F. Charles, J. Neville, Fawd on,
Yokes, F. Stanforth, H. Naylor, and Fred. Yokes, THIS EVEN
ING, Oct. 25.—THEATRE ROYAL DRURY-LANE.

AMY ROSBART; New Drama. The Overture and
Incidental Music selected and composed by W. C. Levey,
executed by an increased Orchestra and numerous Chorus.
The Ballet and Grouping of Crowds arranged by Mr. John Cor-
mack. The whole produced under the direction of Mr. Edward
Stirling at a Quarter to Eight THIS EVENING. Oct. 25.
THEATRE ROYAL, DRURY-LANE.

ADOMESTIC HERCULES, New Farce, by
Martin Becher, at Eleven o'clock THIS EVENING, Oct. 25.
—THEATRE ROYAL DRURY-LANE.

MORNING PERFORMANCE.-AMY ROB-
SART.—In answer to numerous applications from parties
residing in the suburbs, it is respectfully announced that a
Special Morning Performance of this Grand Historical Drama
will be given on WEDNESDAY, Nov. 9. Children and Schools
admitted at reduced prices to the following parts of the theatre
—First circle, dress circle, and stalls. Doors open at half-past
One, commence at Two. Box-office open from Ten till Five
daiIy.—THEATRE ROYAL DRURY-LANE.

ADELPHI THEATRE ROYAL.—SoIe Pro-
prietor, Mr. BENJAMIN WEBSTER ; Managers, Mr. B.
WEBSTER and Mr. F. B. CHATTERTON.—THIS EVENING, at 7,
THE GREEN BUSHES, OR ONE HUNDRED YEARS AGO.
Miami, Madame Celeste • supported by Mrs. Alfred Mellon,
Mrs. Billington, Mr. Billington, Mr. Ashley, Mr. John Rouse,
Mr. C. H. Stephenson, Mr. C. Sennet, and Mr. Charles Wilmot.
And THE MILLINERS' HOLIDAY. Mr. John Rouse and Miss
Eliza Johnstone.

THEATRE ROYAL, HAYMARKET.—This
EVENING, at 7, A KISS in the DARK. At 7.40, THE
RIVALS. Messrs. Buckstone, Chippendale, Kendal, Everill,
Howe, and Rogers. Mesdames Chippendale, Robertson, C.
Hill, and E. Fitzwilliam. To be followed by UNCLE'S WILL.
Mr. Kendal, Mr. Rogers, and Miss Robertson. Concluding
with NO SONG NO SUPPER. Messrs. Osborne and Weathersby ;
Mesdames F. Wright, F. Gwynne, and Fosbroke.

ROYAL STRAND THEATRE.
Sole Lessee and Manageress, Mrs. SWANBOROUGH.
This Evening, at 7, ON AND OFF, LIVING AT EASE.
Messrs. Crouch, Turner ; Mesdames Ada Swanborough,
E. Bufton, and F. Hughes. The New Hurly-Burly-Esque,
" THE IDLE 'PRENTICE." Messrs. Terry, Paulton, Fenton,
and Turner ; Mesdames Amy Sheridan, E. Bufton, Santley,
Lee, Goodall, ctc.

It E.—Lessee and
ST. JAMES'S THEAT
Manageress, Mrs. JOHN WOOD.— This Evening at
Eight, will be presented (for the ninth time
in England) Victorien Sardou's great play, FERNA-NDE,
revised by Sutherland Edwards, Esq. Act I. Rescued, Act
11. Loved. Act 111. Won. Act IV. Triumphant. Cha-
racters by Messrs. Farren, Leeson, Lin Rayne, Murray, and
Lionel Brough ; Mrs. Hermann Vezin, Miss Larkin, Miss Fannie
Brough, Miss Turner, and Mrs. John Wood.—Doors open at 6.30.
At 7, TO OBLIGE BENSON, by Tom Taylor, Esq. Messrs.
Harry Cox, Grainger, Mervin ; Misses Marian Inch and D.
Everard, At 8, FERNA,NDE. At 10.30, ONLY D, by John
Oxenford Esq. Messrs. Young and Grainger ; Misses Adair and.
Turner.—During the vacation the family circle has been recon-
structed and decorated.—Box-office 11 to 6. No fees.

VAUDEVILLE THEATRE, STRAND.-
Lessees—Messrs. H. J. Montague, D. James, and T. Thorne.
THIS EVENING, at 7, CHISELLING. Mr. David James.
After which, at 8, the Comedy, in Three Acts, entitled TWO
ROSES, by James Albery. To conclude with the successful
Burlesque, DON CARLOS ; or, The Infante in Arms. Supported
by Messrs. H. J. Montague, H. Irving, G. Honey, W. H.
Stephens, C. Garthorne, and T. Thorne ; Mesdames Nelly Power,
Amy Fawsitt, T. Lavis, and A. Newton.

MADAME T USSAU D'S EXHIBITION,
BAKER STREET.

On view Portrait Models of the Emperor Napoleon 111., the
Empress Eugenie, and Prince Imperial ; King William of
Frussia, and Count von Bismarck. Admission, Is.; Children
mider 10 years of age, 6d. Napoleon Rooms 6d. extra. Open
om 10 a.m. till 10 p.m.

FRENCH GOVERNMENT SIX PER CENT.
LOAN.

£10,000,000 in Redeemable Six per Cent. Bonds, of £2O, £lOO,
£5OO, and £l,OOO each.
Payable, Interest and Principal, in London in Pounds Sterling ;
or in France, at the Exchange of 25 Francs, at the option of
the Holders.

PRICE OF ISSUE £B5 per £lOO.

Messrs. J. S. MORGAN and CO. are duly authorised by the
French Government for the National Defence, to offer the above
Loan for Public Subscription.
The Loan will be issued in England and France.
It will be represented by Bonds to Bearer, in amounts of £2O,
£lOO, ksoo, and £l,OOO (and the equivalent in France at 25 francs
per £ sterling).
The Bonds will carry interest at the rate of 0 per cent per an-
num, from Ist October, 1870, payable half-yearly (on Ist April
and Ist October) at the option of the holders, in London (at the
counting-house of -Messrs. J. S. Morgan and Co.), in sterling, or
in France at the Treasury in Paris, and at the Tr6soriers
Payeur-Gonoraux in the Departments), at the exchange of 25
francs.

The Government reserve the right to redeem the Bonds by
paying off the Loan at par at any time during its currency on
giving six months' previous notice, such notice to expire on
ono of the days fixed for the payment of the half-yearly interest
coupon.

If the Government do not exercise the above right of redemp-
tion, and until they do so, the Loan will be redeemed by lot
in 34 years from April, 1873, by means of an accumulating Sink-
ing Fund.

The drawings for redemption (commencing January, 1873), will
take place annually, in London, at the counting-house of Messrs.
J. S. Morgan and Co., in the presence of a representative of the
French Government.

Notice of the numbers of the Bonds drawn for reimbursement
will be advertised in English and French journals immediately
after the annual drawings, and the drawn bonds will be paid off
at par on the Ist April following.
The Subscription Price is £B5 per £lOO, payable by instalments,
as follows :

5 per cent on Application,
15 „ „ Allotment,
20 „ „ Ist December, 1870,
20 „ „ 2nd January. 1871,
25 „ „ Ist February, 1871.

Payments in anticipation of unpaid instalments may be made
on allotment, or on either of the above dates, under discount at
the rate of 4 per cent. per annum.

In default of payment of the respective instalments at their
due dates, all previous payments will be liable to forfeiture.
Applications must be made in the annexed Form, but no ap-
plication will be entertained unless accompanied by a de-
posit of £5 per cent. on the nominal amount of the Bonds ap-
plied for.

-
Where no allotments are made the amount deposited will be
returned. In cases of allotment the deposit will be applied in
whole or part, as the case may be, to the payment of the amount
due on allotment.

Scrip Certificates to bearer will be exchanged against Allot-
ment Letters as soon as possible.

Bonds (in the annexed form) signed by a Delegate duly em-
powered by the French Government for the National Defence
will be provided with all possible dispatch.
The General Bond (to which is annexed the original powers,
conferring on the Government Delegate special authority to
make the Loan), will be deposited by Messrs. J. S. Morgan and
Co. in the Bank of England.

22, Old Broad-street, London, E.C.,
25th October, 1870.

FRENCH GOVERNMENT SIX PER CENT.
LOAN.
210,000,000 Sterl ng, or Francs 250,000,000.
Agents—J. S. MORGAN & CO., LONDON.

To all to whom these Presents shall come, Clement Laurier,
Director General Delegate of the Ministry of the Interi 'r of the
Government of the National Defence of France, duly ' horised
by powers specially conferred on him by the French Govt►. nment,
sends Greeting.

Whereas the Government has conferred on the and
Clement Laurier, as their Special Delegate, power to
the said Loan, and to issue Bonds representing the
the terms and conditions hereinafter contained.
Be it therefore known that I, the said Clement Laurier,
having due regard to the powers and authorities vested in me,
hereby declare that the French Government has for the
urgent purposes of the French nation, and in their name
and on their behalf, contracted and raised a Loan of
£10,000,000 sterling, or 250,000,000 of francs, to be represented
in Special Bonds of £2O sterling or 500 francs ; £lOO sterling, or
2,500 francs ; £5OO sterling or 12,500 francs ; and £l,OOO sterling
or 25,000 francs ; and I do hereby bind and oblige the French
nation and the Government thereof to the due and punctual
payment of the interest and sinking fund for redemption of the
said Bonds, and on behalf and in the name of the Government
of France, I do declare that the Bearer hereof is entitled to the
sum of sterling or francs, part of the said
Loan, and that this is a Special Bond for that amount bearing
interest at the rate of 6 per cent. per annum from the Ist day
of October, 1870, the conditions of the said Loan being as
follows :

First. That the French Government will, during the currency of
the said Loan, duly and punctually remit to London by
equal semi-annual payments to Messrs. J. B. Morgan and
Co., so as to be in their hands at least fifteen days previous
to the periods respectively fixed for the payment of Interest
on the Bonds, the sum of £600,000, or 16,000,000 of francs,
without any deduction whatever, and exempt from all taxes,
duties, or imposts, now or hereaftermade, levied or charged
Government
thereof. or on behalf of the nation of France, or the
thereof.

Second. That, in addition to the said semi-annual payments
before mentioned, the French Government will from and
including the year 1873, and thenceforward to the period at
which the whole of the Bonds shall have been redeemed and
paid off, duly and punctually remit by annual instalments
to London, to Messrs. J. S. Morgan and Co., so as to be in
their hands at least fifteen days previous to the Ist day of
April in each year, the sum of £95,000, or 2,375,000 francs,
without any deduction whatever and exempt from all taxes,
duties, or imposts now or hereafter made, levied, or
charged by or on behalf of the nation of Francs, or the
Government thereof.
Third. That interest on the Loan, or on so much thereof as
shall from time to time remain unredeemed, shall be paid ,
(against delivery of the interest coupon annexed hereto) at
the rate of Six per cent per annum, on the Ist day of April
and the Ist day of October in every year, such payments to
be made at the option of the bearer in London, at the
Counting-house of Messrs. J. S. Morgan and Co., or in
France, at the Treasury, in Paris, and in the Departments
at the Bureau of the " Tr6soriers Payeurs Gensraux," the
first half-yearly payment of interest to be made on the let
day of April, 1871.
Fourth. That the said sum of £95,000, or 2,375,000 francs, toge-
ther with such portion of the said sum of £600,000, or
15,000,000 francs, as from time to time shall not be required
to meet the payment of interest as before mentioned, shall
be employed annually on the Ist day of April in redeeming
the Loan at par.
Fifth. That the Bonds to be redeemed shall be determined by
Lot, at the Counting-house, in London, of Messrs. J. S.
Morgan, and Co., in the presence of a representative of the
French Government, of a representative of the said Messrs.
J. S. Morgan and Co., and of a Notary Public, in the month
of January in each year, the first drawing by lot to take
place in the month of January, 1873.
Sixth. That the distinctive number of the Bonds drawn shall
..It,immediately after such drawing be advertised in two of the
principal papers published in London, and in the official
Government journal in France, and the principal of the
Bonds drawn with the interest (if any) due thereon, shall
be paid (against delivery of such Bonds with all unmatured
interest coupons) without charge or deduction in London,
at the counting-house of the said Messrs. J. S. Morgan and
Co., in pounds sterling or at the option of the bearer, in
France at the Treasury in Paris, and in the Departments at
the Bureau of the " TrssoriersPayeurs Gsnsraux," in francs
at the exchange of 25 francs per £1 sterling.
Seventh. That all Bonds drawn by lot shall be payable on the
first day of April which shall follow such drawing and shall
cease to bear interest after that date.
Eighth. That the Bonds paid off with all the remaining Interest
Coupons attached thereto shall, after such payment, be
annulled and cancelled in the presence of a representative
of the French Government, of Messrs. J. S. Morgan and Co.,
and of a Notary Public.
Ninth. That the interest of the Loan shall be paid and the re-
demption of the principal shall take place as well in time of
war as of peace, and whether the holders be subjects of a
friendly or a hostile State. And if a foreigner be holder of
any Bonds the same shall pass to his representatives in the
order of succession established by the law of the country of
which he was a subject, and the said Bonds shall be and are
hereby expressly declared to be exempt from seizure or
sequestration for any claims or demands of the French
Government, or by any parties in the French dominion.

Tenth. A right is reserved to the Government of France at any
time during the currency of the Loan of repaying the same
at par, provided that in the event of the Government avail-
ing itself of such right it shall give notice thereof by inser-
tion in two of the principal newspapers published in London
and in the Official Journal in France six months previous to
the Ist April or Ist October, and the redemption of the Loan
by payment of the amount thereof at par (against delivery
of the Bonds representing the same with the then un-
matured Interest Coupons) shall be made together with the
payment of the current half-yearly Interest Coupon.

- -
And these Presents further witness that I the said Clement
Laurier, by virtue of the powers and authorities vested in me as
aforesaid, do hereby bind the French Nation and the Govern-
ment thereof to perform faithfully and punctually all and every
the foregoing engagements and conditions, and to that effect I
hereby declare all-the revenues and resources of the State and
Nation of France pledged, charged, and hypothecated.
In witness whereof I have hereunto set my hand and the seal
of the French Government for the National Defence the
day of , 1870.

We hereby certify that the above is the signature of Clemen
Laurier.

Agents for the Loan,

The Bonds of this Loan are divided thus :
Bonds of £2O or 500 francs, Nos. Ito —£ or francs
Bonds of £lOO or 2,500 „ „ to —£ „
Bonds of £5OO or 12,500 „ „ to —z ~
Bonds of £l,OOO or 25,000 „ „ to —R., „

Total .. £ or francs

FRENCH GOVERNMENT SIX PER CENT.
LOAN.
FORM OF APPLICATION.
To Messrs. J. S. Morgan and Co.
Gentlemen,
I hereby request that you will allot me £
_ .

nominal amount-of the above' Loan, and I hereby agree to
accept the same, or any smaller amount that may be allotted to
me, and to pay the balance due in respect of such Allotment,
according to the conditions of your Prospectus of the 25th Oc-
tober, 1870.

I am, Gentlemen,
Your obedient Servant,
Signature
Address iu full

FRENCH GOVERNMENT SIX PER CENT.
LOAN.
RECEIPT FOR DEPOSIT
(To be retained by Applicant).
No.
RECEIVED October, 1870,
of the sum
being a deposit of £5 per cent. on application for £
of the above loan. . ...

For J. S. Morgan and Co.,