Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1827-01-17


a,temot is worthy the consideration OF those
whose are devisine liberal things tor poster''y'
LETTERS FROM RIO JANE!RO.
From tie Norfolk Beacon.
| We are indebted to the politeness OF mereap-
tile friends for the following extracts OF letters
by the schr Midas, from Rio Janeiro and Mon
tevideo:-'
Rio DE JANEIRo, Nov. IS, 1926.
"Since our respects Of 22d ult. we cannot re-
mort any favorable change in the market. Our
stock Of -four in first hands is about 10000 bar
rels, and more is daily looked for BY different
vessels from the United States. The Market
at Monte Video is overstocked, and prospects
round Cape Horn do not offer any inducemsnt
TO proceed thlther. Some parcels OF wheat
from Europe have also appeared Flour is
therefore dull of sale, and looking down IN
price. II sales were forced, Oil for that made OF
new grain would be the utmost that could De
calculated on at the moment; by holding up and
taking time, it will probably bring 10000; the
prospect for the article will depend on the
quantity that may come forward. Wines are
| in fair supply and current at the quoted price.
Catalonia, Cet,e and Sicily Sc a 81 per pipe
Cordage Of assorted sizes is much wanted.
Salt provisions are precarious articles, particu-
lary Pork, for which the tocinho Of the coun-
| try furnishes substitute, and habit has made
preferable.
"1he demand for produce is very brisk, quo
tations from Europe being more favorable, and
representations Of an improving state o! things
there will probably cause not only d demand,
but considerable advance in prices. Coffee has
| risen within few days from 2H6oo 10 2lS0o
per ar. There being no sugars Tor sale, the
price is nominal, although sales could be effect
ed if the article was in market. Hides are also
| in demand.
"rhe war between this Government and the
city Of Buenos Ayres is carried on with little
energy OH either side, and may yet last many
| months. Last dates from Montevideo advise
the capture Of all English and French vessel
bound 10 Buenos Ayres, rs are said to be all
vessels bound into the LA Plate. IT'S likely all
the prizes will be condemned and sold, and the
question of principle left TO diplomatic arrange
ment between The lukewarm governments, who
quietly look on and see their flag insulted and
the property under i. pIundered.
NoCember 2i.-"SinGe the foregoing remarks,
vessels have been kept in port by an embargo
caused by the appearance Of Or vessels un-
der the flag Of buenos Ayres, off Cape Frio, and
reports of a number of coasters having been
captured by them to The S. of this, as we'll per.
haps as by determination Of the Emperor 10
go to Rio Grande, now the seat Of war, 10 put
his troops in active duty. War is becoming
irksome TO this people, YET the return Of peace
will altogether depend on the Emperor, who
seems bent on carrying his point at all hazards.
Considerable sales Of Richmond Flour have
been made since the above date, at loI cash.
Several thousand bbls remain in first hands,
and The large dealers are supplied for months
at least, so that no improvement in price can
be expected, even though the quantity import
ed in that time should be small. Our produce
is scarce and in demand. The deprecated
state of our currency is destructive Of the trade
to this. 1000 RS. will not put dollar with
you, and there is no hope Of an improvement as
long as this war Of vanity and little ambition
lasts.
"New York Flour per Rebecca, sold 1880.
"RIo DE JANEIRo, Nov. 18th.
81 informed you in my last Of our having
commenced landing, and made sales at 100000
a loL5oo, but did not suppose those prices
would continue, as large quantity Of Flour
was expected; il has arrived, but Richmond
still continues at the same price, although other
descriptions have fallen nearly dollar barrel
An acquaintance Of ours lost $500 on about
300 barrels, merely from having few barrels
Of Baltimore with it. We have landed 100
barrels and about 900 are sold, none under
loIpoo cash.
"At the present moment every thing is in
confusion here, in consequence Of feet fitting
out to carry the Emperor and some troops to
the southwark. An embargo is laid, and no.
thing can get out; and as priva.eers are cruis.
ing off the harbor, no vessel can or will at.
tempt to come in. This non intercourse makes
produce very high, and Dolls have got up 10
ll6o; 5ut we live in hopes that things will
work round 10 their old stand again At pre-.
sent there are but few frelghts, and few vessels
sold. The premium on Brazil vessels has ad.
vaneed so high that they are afraid to send
them to sea.
NOVEMBER 25
"Since the 10Th We have made but few sales.
Have delivered 1000 barrels Of Flour at 10 cash,
and this day sold 500 more, and should there
be no other arrival within or 4 DAYS, intend
raising the price TO II. IL required much ma
nagement to keep up the price, when there was
so large quantity in market--lI, 900 barrels
arrived il, days. went forward Yesterday