The Sun.
London, England, 1868-04-04 00:00:00

SPANISH COLONIAL £S PER CENT.
LOAN 1868.
For £2,335,000 NOMINAL, or, £2,1%1,550 EFFECTIVE.
For tLe use of, and secured upon the Itev,unes of, the
Spanish Colonies of Cuba, Porto Rico, and the Philip-
pine Islands.

Her Majesty the Queen of Spain baying, by Royal de-
cree, under date of 19th of March, 1868, with the consent
of the Council of Ministers, autharised the, above Loan,
Messrs. Bisehoffsheim and Goldschruidt have contracted
with the Spanish Government for the issue of such Loan,
ani ere now prepared to receive subscriptions at their
Office, Founder's-court, Lothbury.
By Art. 3 of the said Decree the Government of her
Majesty engages to pay the Interest and Sinking Fund of
this Lean, and by Art. 4 it secures it on the revenues of
the Provinces of Cuba,, Porto Rico, and the Phillippino
Islands.

The Loan will be emitted in Bonds to bearer of £lOO,
£5OO, Nati £l,OOO each, bearing interest at 8 per cent. per
annutrOrom the Ist September, 1868, with Coupons at-
tached, payable half yearly on toi Ist March and the Ist
September, at the Offices of Messrs. Bischoffsheim and
Goldschuddt, in London.
The Bonds are by the Contract expressly exempted from
taxes or duties of every kind on the part of the Spanish
Government, and they will be signed by a representative
of the Spanish Government, duly appointed for the pur-
pose.
By the operation of a cumulative sinking fund the
Bonds will be repayable in fifteen years from Ist March,
1868. _ _

The Bonds to be redeemed will bo determined by half-
yearly drawings, in the presence of a Notary Public, in
January and July in each year; and the Bonds drawn
will be paid off at par, without any deduction, at the
Offices of Messrs. Bischoffsheim and Goldschmidt, in Lon-
don, on tho following Ist March and Ist September in
each year. Thu first drawing will take place in January,
1870.
The price of emission is £93 per £lOO, payable as
follows :

On application £s per cent.
On allotment l5 II
April 20
May 20 l5
June 21 l5 „
July 20
August 20 £l3
Less Coupon for intermediate
Interest, deducting Income
Tax 2
..

- 11 „

£9l. per cent.
Subscribers may anticipate the above periods of pay-
ment, and receive a discount at the rate of £4 per cent.
per annum.
In case of failure to pay any of the above instalments
at the prescribed period, all previous payments will be
liable to forfeiture. _ _ _

Application must be made in the annexed form, to the
Imperial Bank, Lothbury, accompanied by a deposit of
X 5 per cent. on the amount applied for.
In case the allotment should not require the whole de-
posit the surplus will b 3 returned.
Scrip Certificates will be delivered in exchange for the
Banker's receipt for the first instalment, which will b 3
exchanged for Bonds to b 3 issued as soon as possible
after payment of the last instalment.
Certified translations of the documents relating to this
Loan may be seen at the Offices of Messrs. Baxter, Rose,
Norton, and Co., 6, Victoria-street, Westminster Abbey,
S.W. -
Prospectuses and forms of application may 136 obtained
at the same place ; at Messrs. Bischoffsheim and Gold-
schmidt, Founder's-court; and at the Imperial Bank,
lothbury, whore all payments are to be made.