New-York tribune., 1899-07-14
q Wall Street.

% connection with the aforementioned Banks and
Bankers and the National Bank OF Mexico We have en-
tered with the United States OF Mexico
conversion Of existing foreign debt, and pur-
prepared receive applications FOR
bonds of 9eiz7s OF their par value.
together from July 1. ls9e. to time
u payment wit: se65 lj and interest per bond OF
1910 f2oo
Terms Of payment are as follows:
Sc, on application be returned to the extent tha,
bonds not allotted
Sc allotment
Balance at the option OF the subscriber any before
September /. 1890.
The right reserved to reject application. and to
ailot any instance a smaller amount than the amount
applied default OF payment in full by any pur-
chase his allotment and payments hereunder VIII
be liable 10 forfeiture.
Pending the issue Of the dehn,ve bonds. transferable
receipts will be issued FOR payments and unless bonds
asked for bonds OF 200 (ss'o
Will be supplied
The bonds. their proceeds. are intended exclusively
TO retire existing foreign loans Of the United states
o, Mexico. viz: the 81 losns Of 1855 1890. and 1898
and the 5 Tehuanpec heretofore issued In London
and Berlin
Tn. bonds coupon form and are Of the following
denominations:
f,o equal sa7 L Gold Coin Of I'll. prssen, standard
Of weight and hneness.
100 equal s4s5 $ Gold Coin Of the present standard
OF weight and hneness.
600 equal sa7o L. s. Gold Coin Of tn. present standard
Of weight and hneness.
1900 equal Gold Coin Of the standard
Of weight and hneness.
Il 900 equal $50 L Coin OF the present standard
OF weight and hnen.ss.
The bonds offered are secured by special hypohecaon
O, CO.. o, the import export duties Of the United
States of Mexico These dutes collected through the
sale o, customs certificates by the National Bank Of
Mexico and remtted direct to Mr. 3 Bleichroder for
account Of the issuing by said Bank the Mexican
Government being pledged maintain margin Of 0ce
above the amounts required and make deficiency
fifteen DAYS before maturity OF coupons due and bonds
drawn
Tn. entire issue Of bonds is TO be retired within forty
nve years at par by seni-arnua drawings the first
drawing to take place June. 1900 By purchases in
IN. market II same can be made at under par.
After July. 1909 IN. amount Of drawing may be
Increased the entire loan may be paid on on three
months notice.
Interest is PAYABLE quarterly January 1s April is
July lst and October LIST IN each year.
Cf the described bonds 5000 900 reserved
FOR allotment in this and in Holland The issue
IN England and Germany the present time will be
limited in favor holders Of the existing bonds. who
will he given right of conversion.
The Custom Receipts Of the Mexican Government
for series ~ years back officially stated by the
Financial Agent OF the Govern nent. have been:
1891 sie35oo5l silver. OF which e2rs would be
sio1425a9 silver.
,ss4-s. sisse5 s4s silver. OF which s27s would be
s1l.75s sos silver.
1855. s?257i o72 silver OF which e2T would Be
sisee4O6s silver.
1867 s22ei2.s22 silver. of which e27s would be
si4 2os.Oii silver.
1878 s22 $50 4s7 silver. Of which 627 would be
si4OOl. 10 silver.
,sase ci mos ory) s24 oeo7s silver OF which s2s
would he s1s3ie627 silver.
Tn. annual Interest and sinking fund requirements for
the entire external debt Mexico consolidated by the
rev issue ~ bonds is only about S69SOoO Gold or al
n-.sen, exchange about $1,000. OOo silver.
Anplestions will made In due time for the listing
Of IN. bonds on New York Stock Exchange we'll
a. On the stock Exchanges Of London Berlin Frankfort
and Amsterdam
SUBSCRIPTION BOOKS OPEN AT OUR Of
FICE AT 10 A. VI. WEDNESDAY, JULY II,
1890. AND WILL CLOSE on NOTIFICATION
FROM BERLIN OR LONDON.
j. p. MORGAN & co.