The Sun.
London, England, 1857-02-06 00:00:00

TELEGRAPH TO

The concession for a telegraph through Egypt
and the Red Sea to India has been granted by the
Turkish Government to Messrs. Gisborne. The first
step taken in this matter was to ask for a concession
for a telegraph line from Cape Helle to Alexandria,
touching at Scio and Rhodes. Mr. Lionel Gisborne
obtained this concession in the spring of 1855.
Taking this concession for a basis, the Oriental
Telegraph Company was formed, having for its ob-
ject a direct telegraphic communication from Eng-
land to India by the Red Sea. The Fast India
Company, aware of the importance of a direct tele-
gra..?li line to India, entered into the project, and
promised a liberal support to the Company.
Mr. Francis Gisborne came out to obtain the
concession for the passage of the line through
Egypt, and the landing of the cable on its passage
across the Red Sea. The great point to gain in
the concession was the freedom of the line for
through messages, and the independence in working
it, on both of which points the Company has been
successful ; for as the line is chiefly calculated for
through messages any power of interference on the
part of the Government would neceisarily have
caused delays, and impeded the working of the line.
All messages delivered within the Ottoman empire,
or coming from it, will, however, pass through the
hands of a Government official.

In the first part of the line, from Cape Helle to
Alexandria, the company is to receive a subsidy of
4,500/. a year from the Turkish Government, which
intends to establish in this way a telegraphic
communication between Constantinople and Egypt.
The line from Constantinople to Cape Helte the
Government will keep in its own hands. The
Pasha of Egypt, who was asked for the passage of
the line through Egypt, gave the concession in a
very liberal spirit, and this concession, confirmed
by a firman of the Porte, became the basis for the
concession of the Red Sea line as far as it is within
the Turkish territory. _

The line from Alexandria to Suez is to pass along
the railway line, and the Egyptian Government has
offered the use of its own telegraph posts esta-
blished along that line. The company is, however,
at liberty, if it should find it necessary, to erect at
its expense telegraph posts for its own use.
From Suez the line is to be a submarine one
to Kurrachee, with the power of landing the cable
at different points mentioned in the concession.
The first of these stations will be Kosseir, on • the
western coast ; from there it will cross to Jedda,
and go down to the Island of Kaaman, or some
other point on the coast of Yemen. Then it will
be landed at Aden, at Ras Sharma, the Island of
Moseir, and Ras-el-Hadd. With the exception of the
part between this latter place and Kurrachee, the
length of the submarine line will nowhere exceed
500 statute miles. The points selected for the land-
ing of the cable are such as to afford perfect secu-
rity for the stations. At Kosseir there is an Egyp-
tian, at Jedda a Turkish military station, and the
other points are within the range of influence of the
East India Company. Relay batteries from Alex-
andria to Kurrachee will make the communication
instantaneous. The company is allowed two years
for the construction from Cape Helle to Alexandria,
and three from the ,ompletion of this line for that
through the Red Sea. If the subject is taken up
in England the company hopes to make the whole
line within a year.

FRANCE.
PARIS, FRIDAY.

The anal decision of the English Government
on the occupation of Greece has been received.
Orders have-been sent to Toulon and Malta to
despatch tract, ports to the Piraeus for the purpose
of taking on board the Anglo-French troops. It
is believed that the evacuation will be effected
about the 20th or 25th of the present month, per-
haps sooner, if contrary winds do not
,delay the
arrival at the Piraeus a the vessels sent fron Toil:

1.11), toot Matti wil prbbfdAY AT•tiViv ftvii
but the evacuation is intended to take place simul-

:aneouly.

The following details, from the Pays, relative to
the projected railway from the Mediterranean to
the Euphrates have not been hitherto published :
The railway will commence on the coast of Syria.
The place chosen for the head of the line is near a
deep and well sheltered bay, about two miles from
the left bank of the Orontes. A port will be con-
structed at this spot, which appears to have been
designed by nature for such an undertaking. On
quitting the coast the road will be directed towards
Killis, a commercial town in Syria, numbering about
11,000 inhabitants. From Killis the railway will
be continued to Antioch on the Orontes, and from
Antioch to Aleppo, the chief town of the pashalik
of that name. Aleppo is the most important
town in all Syria in respect to commerce. The
inhabitants addressed a petition to the Sultan,
praying that the railway might pass near their
town, and their request was granted. After pass-
ing Aleppo the road will run nearly parallel with
the Euphrates to a place called the Castle of Ja'
Ber, situate below Babylon, between Hilla and
Semaouns on the Euphrates. There will terminate
the first section of the great trunk. The line will
afterwards be directed from Ja'Ber to Bussorah.
It will enter on the Persian territory by turning
the left bank of the Persian Gulf as far as Shiraz ;
will cross the Beloochistan, and reach British India
by Hyderabad in the Deccan. Such is the plan of
the railway, which will bring passengers from the
coast of Syria to the heart of India without quit-
ting the line—a distance of 4,000 miles.
BOURSE, Feb. s.—The following were the last
quotations :

Cash. fr. c.
44 per Cents
3 per Cents 67 90
New Loan —
Bank Shares 4,125 Roman (x d)
Credit Mobilier 1,340 Austrian
Belgian Fives .. Spanish Threes
Piedmontese (5) 9l Home Debt

End of Month.
—fr. —c."

RAILWAYS-FOR CASE.

Ir. C. fr e
Orleans 1,365 Western ... Bl2 50
Northern 925 Strasburg
Lyons 1,367 New Ditto
Mediterranean 1,755 Grand Central
Lyons Geneva
Cette

VI 0 14 t til A itit ET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o' CLocit.
ipktrices from Liverpool state that the Cotton
t7,alsiet yesterday closed very quietly, and prices of
enzciescriptions were without any material alteration,
The
Egyptians, which were id. per lb. dea-er.
here sales amounted to 7,000 bales, 1,000 of which
Zre taken for export and on speculation. The
ilwaY 'Share Market manifested a quiet, but
Steadyat the appearance, and prices were fully maintained
'Lie previous day's quotations.
There has been a large business transacted this
meek in Foreign and Colonial produce, and a die-
tria",ion to speculate evidently exists, which would
° doubt be fully developed if the Money Market
..mere ill an easier state. Sugar has been firm at
,:" rates. Native Ceylon coffee has ruled steady,
and Plantation has risen is. per cwt. Tea has been
:Met, at previous rates. Rice is quiet, but steady,
Vild also saltpetre. Cochineal has ruled firm, and
ilevr is rather dearer.
The meeting of the National Discount Corn-
-7111117 was held this day. The directors recom-
-0 !tided that a dividend of 3s. per share on the
arltinal shares, with a proportionate dividend of
Per share on the deposit upon the new shares,
Zether amounting to 6,3761. ss. 3d., be declared,
4_ the balance 1,3901. 9s. 7i. be carried forward
143_11ext account. The report was adopted.
There is an exceedingly active demand for
tia!l?eY to-day, and the rates charged for accommo-
11°11 are slightly above the Bank's minimum.
8 ja probably only a temporary pressure, but it
,11°t expected that much relief will be experienced
Present. The Bank of England have adopted
most inaPortantMeaqure, which has excited a good
Zeal! of attention in City circles, viz : that of nego-
p, h hng 4 and 6 months' bills of their customers,
TO have drawing accounts at the establishment.
zlols is considered a favourable symptom, but it is
t likely to cause any immediate improvement in
"netary affairs.
toe English Stock market is very dull, and a
Light decline in prices has taken place. There is
4go°cl deal of uncertainty regarding political
1 rfrill) which checks buoyancy and imparts a
tceja 93 tone to the market. Consols have been 92i
for money, and 93i J for the account. The
93 elt 3 per Cents. are 931 to 931 ; the Reduced
1 ,
Bill Ti Bank Stock is 216 to 2171. Exchequer
are par to 3s. premium.
,
There has been rather more activity in the
150°1'sign Stock Market, and the transactions re-
v tted are rather numerous. With the exception
pkt Turkish Bonds prices have slightly improved.
'srlrish 4 per Cents. are 931 i The other Stocks
are steady, as will be seen by the official list.
4to4he following are the nominal prices of Foreign
eks :—Grenada Deferred Bonds, 6i 7 ; Mexi-
-6:1 211 f Peruvian, 77 79 ; ditto 3 per Cents.,
6
6 ; Portuguese 3 per Cents., 43 5 ; Russian
t Per Cents., 108 10 ; ditto 4i per Cents., 95 7;
2t/11,,i811 3 per Cents., 40 40i ; ditto New Deferred,
te6`.4 ; ditto Certificates, 6f ; ditto Passive,
Messrs. D. Bell, Son, and Co. report that the
market for American Securities during the past
~t? has been quiet. The transactions both in
e
stocks and railway bonds have been on a
l~ttted scale, and prices are without any material
*lteration.

GOVERNMENT SECURITIES.
ilbited t, Redeemable. Per Cent.
IT • t,atee 6 n f 1867-1868_1044 105 i ilit.,, ~ per s.
"`' Mates 6 per Cent. Bonds 1868-101 i 105 i
4413 STATE SECURITIES.
kii,21,%/1 5 per Cent
116mnd 5 per Cent. (Sterling Bonds)
)47."40.ins!stts 5 per Cent. (Sterl. Bonds)
finds lB4l-1871...
6 per Cent. Pl. Bk.
kirilds 1841-1871... 43 45
Pe4l444iPpi 5 per Cent. Union Bk. Bonds ... 16 18
Ile_lll7lvania 5 per Cent. Stock
TenTYlvania 5 per Cent. Bonds 1877... 79 81
Pi ?We 6 per Cent. Bonds
Parnia 6 per Cent. Bonds 1886... 83 85
stile 5 per Cent. (Sterling Bonds) 1888... 82 84
Mont LOANS OF CITIES.
No r_eal. 6 per Cent. Bonds 1856-1865... 82 84

... 78 80
... 89 91
...100i 101 i 25
25

Itqf Orleans 6 per Cent. Stock 1883... 75 77
RAILROAD BONDS.
11114018 Central 7 per Cent. Ist Mortgage,
7„1?ot Convertible 1875... 89i 90
irois Central 6 per Cent 1875... 85 87
Central 7 per Cent. Freeland
,finds 1860...106 108
Luiaois Central (Shares), $25 paid 2B 29p
..40a1P„An Central Bp. Cent., Convert-18GO._
Do do. do. 1869._ 941 951
'"ew fork Central 7p. Cent., Convert 1864... 92 94
Nab York Central 6 per Cent., not
,Oonvertible 1883...
80
82
"eV York and Erie 7 per Cent. 3d Mort-
__
89
4gage . -
•Yorli ..... ....
...................... 80 82
• York and Friep7 per Cent. Sinking
Pun
....... .............................
4aflame 7 per Cent., let Mortgage (Ster-
-111 Bonds), not convertible 1859... 92
tie anas 7 per Cent., let Mortgage 1864... 92 97
nusylvania Central 6p. Cent., Ist M0rt.1880... 89 90
t. The Railway Share Market has been very iliac-
..l/re) and prices have in most instances exhibited
Islight decline. Great Western and North-Eastern E
Ytwick have receded 7s. 6d. ; North-Eastern
120
II) Lancashire and Yorkshire, and Midland ss. ; 10(
i North British and South-Western 10s. The 2(
an. reneb, Canadian, and East Indian lines have been St.
irPelY dealt in, and prices are unchanged. Iri- 100
._
r 4 Alining shares are firm, but no material varia- 0 °
'l°ll in values can be reported. 20
20
Joint-Stock Bank Shares are heavy. English, 20
ott.
Ish, and Australian Chartered have declined 100
Oriental Bank, ss. to 10s. 100
tr:lliacellaneous Shares are also depressed. Elec- 100
Telegraph receded 10s. London General Om-
-44411,8 Company, Canada Government 6 per Cents.,
'Nate%
of Europe Steam realised about former

1/111TIS11 IitINDS.—CLOSING PRICES —THIS DAY.
(hove the Official List;)
Busininis done.
tank stock
216 17h
3 _... .............. .
, Per Cellt. Beciuced Annuities 93h i
irsr Oent. Consols Annuities 921 3 21 3
T_l? 3 Per Cent. Annuities 931 4 I i
...-"ig Annuities, expire sth Jan. 1860 2 15-16
antis Bends, £lO
Ditto, under £lOOO ..................»......
C°116014 for Account
2d 1 p 2 p
i i
Rxeheq .• 93 4
uer Bills, 2id. • £lOOO
£5OO par 3 p
%nail
1 p p Ditto Bonds, 1858, 31 per Cent 9BA
Ditto, 1859981 1
PRICES OF FOREIGN FUNDS—THIS DAY.
Brazilian Bends, 5 per Cent. lO2l 1
ekilian Bonds, 6 per Cent IOSA
Danish Bonds, 3 pet Cent., 1825
Ditto 5 per Cent.
" Xquador New Consolidated l4l
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent
Ditto Aceount „ llt 44 csaian Bonds, 1822, £ St• • 5 per Cent lO9l 9
Ditto, 4i per Cent.lP‘
elirdinian Bonds, 5 per -GerA. . .........
Ditto New Deferred, 3 per Cent
Ditt.. Passive . .
131Anish Committe. ... .0
...... .... Coup. not fun 6A I
Tnrkit.h BOWS. 6 par cent 931 Litt° Account 93h I
Ditto Guaranteed
Ditto Account , 4 per Cent.
d
:,,rouc n
l ividends on tbeiabove payable in bon n*
r Datehh Routes, 4i per Cent.
Lone
Ditto 4 per - per
• Cent.,
change, 2A
981 1 3
. ex 25f. 20c
Cent. Certilicates
Consols, money VIRE i3OTLOCIL
933 1
Ditto, Account (March 5)

The

. annua meet,---i, of the Illinois Central Ryotilrk.
way
`-'olnpany is called for the 18th March, at New
As the wind has now changed to the westward, the. a_r-.
tival of the Heather Bell is hourly looked for from Aus-
tralia, tralia, this vessel baying been about 96 days at sea.
At the half-yearly meeting of the Eleetric and Intel::
national Telegraphic Company yesterday, a dividend . 1
the rate of 7 per cent. per annum was declared. The
net revenue for the half-year was stated at 27,9811.
-Ntw BILL ON JUDGMENTS AND EXECUTlONS.___Yes-
telday the first bill of the session, on "Judgments and
sxecutions" was printed. The Object is to renderjudg-
nnents, &c., in the courts of England Scotland, and Ire-
'mid effectual In other parts of the kingdom.
Yesterday morning the marriage of Lord Alfred
(lhurebill to the Hoe. Miss Calthorpe was celebrated
at St. George Hanover-square, the ceremony being
Performed in the presence of a large assemblage of the
nobility by the Bishop of Oxford. After partaking
01 a grand dejeuner,
given by Lord Calthorpe at
Grosvenor-square, the newly wedded couple town
'Sr Blenheim-park, Woodstock, where they left
pass the
111)neymoon.
VALUE OF INSURANCE SHARES.--Yesterdayp at the
A action-mart Yesterday, Mr. Marsh offered to public auction
three ebares in the County Fire-office, 10/. per share
piAld, Which sold at 1031, per share. Twenty-five
in the Accidental Death Insurance Company, 21- ,p,er
share paid, sold at N. per share; and for 125 skill'
shares
shares no bid was obtained. Thirty shares in the Na-
tional Live Stock insurance Company, 10e. per share
paid, were also put up, but failed in obtaining a bid.