The Sun.
London, England, 1863-04-28 00:00:00

COMMERCIAL INTELLIGENCE,

The Royal Sardinian Railway Company, gua-
ranted by the Italian Government, has been an-
nounced with a proposed capital of £1,000,000, in
shares of £2O each, for the purpose of assisting in the
development of the resources of Sardinia by the
construction of railways, and important concessions
are offered to those who may feel disposed to sub-
scribe. There urn be a payment of interest at the
rate of 6 per cent, during construction, and
of 8 per cent. subsequently for 99 years. A
free grant has been obtained of 480,000 acres of
freehold land, the proceeds of which when sold will
from time to time be divided as a bonus to the share-
holders beyond the guaranteed interest, and it is
stated that the present value of the estates thus
ceded, according to official returns, is:1;500,000, or
one-half of the share capital, with a prospect on
the completion of the railways of being materially
enhanced. Moreover, the privilege is given to the
holder of each share to take two bonds or obliga-
tions of £2O each, at £ll per bond, bearing 3 per
cent, interest, and to be paid off at par by drawings
extending over 41 years. A deposit of £1 per share
is required upon application, and arrangements are
to be made offering an advantage to those proprie-
tors who may feel disposed to pay up in full. The
enterprise has been exceedingly well received on
the Stock Exchange, where it is already quoted
1 prem.
The committee of the Stock Exchange have ap-
pointed selling days in the shares of several new
undertakings, viz, the 29th April in the Imperial
Ottoman Bank and the Mercantile Exchange Bank,
both of wt,ich are to be officially marks-d ; the 4th
May on the Cotton Plantation Company of Natal,
dealings in which are not to be recorded ; and the
Obligations of the South Italian Railway Company
are to be included in the Share lists.

Two O'CLOCK.
Although business in the Market for Public
Securities has continued only moderately active
It buoyant tone has prevailed, and the few trans-
actions recorded have led to a further advance of 1
per cent., Consols being 921 93 for money and ac-
count. TtieN9W Three per Cents. and the Reduced
are slightly firmer at 911 1. Exchequer Billshave
been dealt in at Bs. prem. India i 5 per Cent. Loan
remains at 109 e f, and Long Annuities have
realised 14 15-16.
The Ali,ince from Australia has been announced
With 171,636 in gold.
The rise in Spanish Passive Bonds has been the
most prominent feature in the Foreign Market,
and the latest price is 321 331; the o,rtificates, 10i
111. Egyptian have improved to 971 931, and the
2d issue is 971 ; Greek are firmer at 29k ; and the
Coupons have advanced to 131 14. Tne various
other securities generally show buoyancy. Turkish
Consolides are 471481; and the Confederate Loan,
1f 21 prem.

The dealings in the Railway Share Market have
been very limited, the dealers and speculators being
chiefly engaged with the half monthly settlement.
and prices have shown no material variation. Lan-
cashire and Yorkshire, North-Western, Midlands,
and South-Eastern, have been a shade firmer ; while
most of the other lines remained at previous quo-
tations.
The Foreign and Colonial undertakings, how-
ever, in one or two instances, show more firmness.
Bahia and San Francisco realise 201 2l1.; Dutch,
Rhenish, 16! ; East Indian Peninsula, 1091 1101 and Great Southern of India have declined to 1066 Grand Trunk of Canada have improved to 18i 19.
Joint Stock Bank and Miscellaneom.. Shares con-
tinued dull at about previous quotations.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities 921 3 21
New 3 per Cent. Annuities
kontuttes, 30 yrs, expire .4th Jan., IS/W —
Ditto for 30 yrs, expire sth April, 1885. 14 15-16
India Stock
Ditto 5 per Cent ,
Ditto Enfaoed Paper, 4 per Cent 9B
Ditto 5 per Cent
i htto 5} per Cent
D i . nonds E 1.900 ....
Ditto under £1,000..
Consols for Account. May 7 93
4 Exchequer Bills, £l,OOO 2i per Cent 8 Pna
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
....
E gyptian
Ditto 4I per Cent., 1852-68-60 94 3; 7
et Cent
Ditto, Second 971 81 Issue
........
Greek 6 per Cent., 1824-5, ex-Coup
,ns.„ 2
99i1
9 i 9
I lit to A d•conot
24
Ditto Coupons

f
It•tli4n 5 per "cent. (Nlaretrimana Railway) 76 13/ 14
Mexican 3 per Cent
Do to Account 341 f
Moorish Imperial 5 per Cent
New Granada
Ditto 2 per Cent
Ditto Deferred B/ P •rovian 41 per Cent.
Ditto 4; per Cent, 1862
Ditto Account BBl
guese 3 per Cent., 1853
Ditto 1862 .. 471 8
Russian 6 per Cent., 1822, £ St —
Ditto 4i per Cent ~ 1850
..
Ditto 5 per Cent., 1862 .............. t
Soniett 3 per Cent 95 41 51
........
it to Account..,
531
Ditto Passive 531}
Spanish 321 31 21 31 21
BpEtnisli Cert. of Coup not funded
Turkish 6 per Cent. 1854
Ditto 6 per Cent. 1858
Ditto 6 per Cent. 1862
.....
Venezuela, 3 per Cent
...... 23
Ditto 6 per Cent., 1862
1 1 8
Dividends on the above payable in London.
Dutch 21 per Cent., Ex. 12 Guil
Ditto 4 per Cent. Certificates
Italian, 5 per Cent., 1861, Ex. 25 francs —
Ditto Account n

Consols' 921 3 Money
Ditto THREE O'CLOCK.
Account 921 3

SUICIDE OF A CONVICT.—A married man named
Patrick
Newcastle -o Manion, 21 years of age, was convicted a'
n-Tyna Assizes of a rape upon a married woman
on the morning of New Year's day, and sentenced by Mr.
Baron Martin to penal servitude for life. There were mi
tigating circumstances in the case, and since hia conviction
there was a wide-spread impression prevailing in the town
that he was innocent of the crime for which he had received
so terrible a punishment. The Mayor of Newcastle, Mr. I.
L. Bell, had taken much trouble to inquire into the case,
and his efforts resulted in a communication being made by
1,4, Baron Martin to the Home-office, intimating that it was
desirable the case should undergo further investigation. A
communication from the Home-cffice authorising this in-
aestigation was rec-ived at the gaol in Newcastle on Satur-
Y Morning, but the convict had frustrated the good in
tensions of the authorities by committing suicide during the
night. Early in the morning when the officers entered his
cell, they discovered that he
had hung himself. He had
au,ccietled (luring the night in unravelling the cordage of
himself. and so made a rope with na".which be dcetroyed
mind on The prisoner seemed to be in his usual state of
t can
ho be
niZe Previous evening, and the only surmise that
se ioreat6esta shat the prisoner might have heard that
were to be trans) the gaol sentenced to penal servitude
place of deter,tiouerred on Saturday morning to their final
the number, and he feared that he might be among
An important
the Governmentnn, etnent baa been undertaken by
It has been decided toeu the reference to volunteer corps.
countai.ts, an-1 to raga; adjutants as military tic-
and account, for all public rn, in that, capacity to receive
them for the service of the e„retr:thich may be remitted to
k(s)v
BP. etively. In order to the due3P
e. rmance of the finan-
:rr which they be ong re-
ti '1 duties to be entrusted to thenn,t to each of the officers holding that °Mee has notified
that
gilarantee will be required to be prf.vided abPvPQinrnent'
A 11:1)101?t 4630 to be
other of the following modes :-1. The el; them One or
,cleposited in the Public Funds ; or, 2.
Volts to be ob-
Eained from the Eur opean Assurance Society for
3- T
4400; or,
Two bonds of sureties for £5OO each; or, 4. The bondoi
%le surety for £5OO, and a policy of the European Aseur.
14ot Zocioty fin 400•

CITY, TWELVE O'CLOCK.
Not the slightest change can be reported in the
general discount market, the enquiries being mode-
rate, and the quotations easy.
The Shannon has arrived from the West Indies
With £498.683.
During !he last few days there his been a mode-
rate amount of activity in the Foreign end Colonial
Produce Markets. The public sales of tea has closed
at a slight advance for good and superior qualities.
Sugars have fully maintained previous rates, while
coffee, rice, fruit, and spices have remained without
any material variation in values. The Tallow
Market has been, in some instances, influenced by
the late advices from Russia and Poland, and prices
have tended upwards for both present and forward
delivery.