The Sun.
London, England, 1848-09-26 00:00:00

SOUTH AMERICA

LIVERPOOL, SEPT. 25.—8 y the arrival of the
splendid packet-ship Swordfish, Captain R. Green,
we are this day placed in possession of later news
from all the leading ports in South America.
That relating to political affairs is unimportant.
On the 18th of June the blockade was raised from
the ports and coasts of Buenos Ayres, so that com-
merce between that port and all nations had again
been set free, with the proviso that no vessel entering
Buenos Ayres should, on any account, touch at
Monte Video.

The raising of the blockade had caused no excite-
ment-produced no rejoicings. For months it had
been virtually off, and the vessels loading discharged
at Enseneda without let or hinderance. At Buenos
Ayres there was no accumulation of produce to be
skippeck.nor any scarcity of foreign goods. The
questionThetiieen England, France, and the
Buenos Ayrean Government, and the matter in rela-
tion to the legal government of the Oriental Repub-
lic, continued unsettled. France still retained pos-
session of the island of Martin Garcia, wrested from
the Buenos Ayrean Government, and which com-
mands the mouths of the rivers Parana and Uruguay.
The squadron of the Buenos Ayrean Govornment,
captured by, and divided between, France and Eng-
land, was still kept by them, and used in blockading
the ports of General Rosas. The war between Pre-
sident Oribe, aided by Governor Rosas, and the au-
thorities of Monte Video, was still continued.
The commercial advices from Pernambuco inform
us that business was not active. Exchange on London,
in consequence of the scarcity of money, had ad-
vanced to 25d. and 251 d., in some few instances 25id.
bad been paid, but after arrivals from the South
money was obtainable at 24d. Sugars were in much
request at the following rates :-Cases, whites, 800
to 850 r., or about 16s. 3d. to 16s. 9d. per cwt.;
Muscovados, 10s. 7d. to 10s. 11d. Barrels and bags
of Whites, which were scarce, brought 18s. to 19s.
Bd. ; ditto common assortments, 16s. sd. ; low whites,
14s. Id. ; barrels and bags of Muscovao, average
quality, 13s. 2d. to 13s. 7d. • ditto ordinary, 12s. 9d.
to 13s. 2d. per cwt. on board, including 5 per cent.
commission, ex fit. and exchange 24d.
Cotton was in good supply, and prices had been
ruling from 4 dolls. to 4 dolls. 500 per arr. ; but on
the 15th ult. no prime lots were to be had under the
latter rate ; in fact, first quality was quoted at 4
dolls. 600 per arr., or about 4d. to 4id. per lb. Dry
salted hides continued neglected, the price current
was 90 r. or 2id. per lb.
With respect to freights, we are informed that
numerous arrivals having taken place, a decline had
occurred in the rate demanded. The last charter re-
ported for the channel and a market was 555. and 5
per cent. for sugar, in bags, and to Gibraltar and a
market in the Mediterranean, or the United King-
dom 60s. and 5 per cent. for sugar, in cases. Cotton
to Liverpool, fd. and 5 per cent. Sugar ballast, 40s.
and 5 per cent., cases; but when the Swordfish sailed,
those rates would not be obtainable, in consequence
of the scarcity of produce, and the discouraging ac-
counts from the Southern ports for shipping.
With respect to imported goods, we are informed
that Irish butter had been sold as high as 1 dollar per
lb. ; but as large arrivals had reached out, it gradually
declined to 850 and 750 rs.; and the sales last reported
were 750 rs. per ton. Coals were in limited demand
at 7 dollars to 8 dollars per ton. Candles were
wanted. No arrivals of sperm reported. Composi-
tions were retailing at 750 rs. per lb.