The Sun.
London, England, 1863-01-21 00:00:00

SOUTH AMERICA,

We have received, per French mail steamer
Estremadura, adviees from Buenos Ayres to the

13th of Dace:ober. The Standard of that date has
the following:—

"While Buenos Ayres is making sensible progress
most of the sister provinces seem rather retrograd-
ing, and the latest accounts from the in terior prove at
once how necessary is an interval of peace and how
wretched is the condition of the Republic. The In-
dians of the Gran Chaco have swept down like a
tornado on the province of Santa Fe, carrying off
plunder and captives, and butchering some 30
Christians. Governor Cullen has equipped several
expeditions in their pursuit, one of which he com-
mands in person ; but the savages, taking refuge in
impenetrable woods, defy our troops, and await a
fresh opportunity to make incursions up to the very
suburbs of the city of Salta Fe. Col. Charras lately
took 36 prisoners, th© wives and children cf the
Indian warriors, but disgraced our arms and name
of Christians by killing a child who refused to stir-
render, and ordering a youth to be stabbed on the
plea of murders committed by his tribe. These acts
give an aspect of ferocity to the war, which is only
beginning, and we expect no good results from the
crusade of extermination."

At Corrientes rumours were rife that Urquiz a in-
tended to invade that province, but the Captain-
General was leading quite a retired life, and his
activity at the saladeros', combined with his recent
loan in London, was considered proof that his
thoughts were bent more on money-making than

on politics.
Mendoza had again been visited by an earthquake
and several severe shocks were felt; the new town,

.. _. .
rising out of the ruins of 1861, is constructed of
wood, and no serious accident was heard of. The
Uspallata pass of the Andes was about to be opened

L,

th fortnigb.t, chiefly 'between HO doll ' jlitiY Islii
dole. , -:-....t-IF: ;T7:l
--:....
Freights in general maintained iVe . liiii .-=
dopey, especially for England aud'Oeritcpti e,...t, :. 1
neutral ve.,:sels, on account of the late qu'attitit_ '. !,4-4,
_.sl.
bale cargo expected for the same des tiitation. I-
. -TiO if,4
ever, although arrivals from the camp had been CoViv;--,-
siderable, bales had not been offered as frethy 3 wiz
.1—
expected. . .
..

Exchange transactions by this mail were con,q-
de able, crpccially on England, and the sum total
amounted to about £150,000 sterling, drawn at tile
uniform rate of 665.; of this sum £20,000 was
drawn by the new London and River Plate Bank.
The amount ofexchange transacted on the Continent
and Frame was about 200,000 f , drawn at the rate
of S3lf. per doubloon. On 13t)zils about 2,500 ounces
ra drawn, at the rate of 29,000 rein. Boliviarlo
currency had slightly improved, and come into bet-
ter demand; it was worth 2011 dols. per ounce.
Paper currency was worth 1 to 2 per cent. under
the last quotationP,- and seemed to be stationary
about this figure, the last price being 390 dollais
per doubloon.

RIO JANEIRO, 1)i-c. 23.
The coffee market ruled firtii; at previous rates,
dealers in many cases demanding higher prim?,
until the arrival of the French steamer, when the
more favourable advices by her from New York led
to an active business, and 40,000 bags changel
hands in two days at 6,800 to 7,000 rcis. At the same
time dealers purchased all the coffee in the handsof
the commissarios, and also from the smaller dealerF,
has cause
O and have advanced theirparlitety7 whichsions hto 75,0
al
7,500 reis, according to quality,
suspension of operations on the part of exporters,
one exporter, in fact, reselling his lot to a dealer at
7,300 reis.
Receipts are upon a very insignificant scale, and,
from all accounts, will continue so; while the crop
now on the trees, and which from the flowering pro
wised to be very abundant, has become more or less
affected by the insect, and, at the outside, cannot
be more then a regular one. Only the new estatcs
will produce anything like what the flower pro‘
wised, the old estates being more or less injuiel—
so much so that there appears to be some radical
and incurable evil, which can only be remedied by
the growth of new trees, which it is well known

takes time to bring to perfection. The position of
the article here is unusually strong, and when we
say this we speak considering the American war as
continuing, and consequently with but one outlet,
Europe, for seven-eighths of our crop.
Sales since our last were '70,000 bags, of which
13,400 bags were for the United States, 48,600 bags
for the Channel and North of Europe, 6,000 bags
for the Mediterranean, and 2,000 bags for the Cape
of Good Hope. Stock, 80,000 bags.
Lots for the United States are quoted at '7,00 to
7,300 reis per arroba ; ditto, Ohannel and Med4t6r-
ranean, 7,000 to 7,300 reis; ditto, North of Europe,
7,300 to 7,500 reis.