The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-09-01

INTELLIGENCE FROM HoNDURAs-TRApE IN Ma
HoeaNY.-The Robert Bruce, Capt. Wade, ar.
rived this morning from Belize, Honduras, with
the Observer to the Sth inst. inclusive.
The following interesting article on the trade in
mahogany, appears in that paper
From the Belize QIon) Observer, Aug 81
As there has been very considerable talk regarding the
staple export OF Belize mahogany Ii might not be thought
amiss If we write few words on this subject In 1912
after very long depression in the market, mahogany
sd to 10 till the beginning of this year. when il has sud-
denly assumed downward tendency, ard has caused
consider able uneasness in the minds of many The pr
mary of the depression consisted Of the heavy
stock of small wosd accumulated in the London aud Lv
spectators who had paid long price for it, to be-
the sole holders in the market and to prevent any
coming TO public sale When money became scarce in
London, doubts began to be felt that the SPECTATORS
would not hold on much longer and would be compelled
to sell at sacrifice This however with the exception
of Of the principal holders abscondng and the
sequcnt failure of one two minor holders, has
taken place and although those circumstances have
inflicted considerable injury to the character OF the
market very large seles to the amount of nearly mil
lion feet occurred in the month of May, to consumers,
On the LIST May the stock in hand was A sse 900
The deliveries to con sumers amount to. 100000
Leaving balance of. 4oss 900
For the most part small trash wood which ought ne
yer to have been cut: Since the lst May, very little
shipped August this year, against 400 M last
year and the greater part OF this years shipment ar
since should then the sales have continued as large
in the following months as they were in May, the stock
in the London Docks will be very much reduced Great
fears entertained both in England and here, that
there would he enormous quantity Of wood cut this
year account of the great increase in the number of
the gangs but this has proved quite faacous Some of
the hou here estimated the cuttings OF this year as
high as lils millions but it is well known that
the cuttings will not be than average season.
say 7as mions this has occurred from the number Of
the gangs formerly about TO- being distributed into $780,
with hands than form erly in the 20; and
new gam 90 10 WOrk wi
cattle Nearly every one OF these failed and caused
partial failure to the old established gangs the want
of necessary number Of ge, the wood The
unprecedentedly long dry weather also caused nortal
~ and weakness in the cattle which with the Of
manual labor, has made the season merely an average
We ourselves aware that one OF the 80 gangs
consisted of captain carpenter, and one man. and We
have learnt from good authority that half Of the oremen
incapable OF doing their duty Certainly sufficient
reason for their gangs failure. The want of floods has
market this year which we think will have good effect
in England had got there it, together with the
stock on hand, would probably have caused further
part of the old stock to move off, and give room for the
new.
The stock on the 3oth of May in the London Docks
was certainly very large but the greater part of the
wood preparing at presents already sold by contrac-a
neap of e
sons cutting Mahogany is steadily growing in repute
for shpbuding purposes, and will n ateIiay decrease
the quantity to market for public competition
The proclamation issued by his Excelency Col Fan
court, orbddng ell parties from cutting in the Crown
~
gangs who have been the principal cuttors OF small
wood The breaking up OF those gangs will OF course
throw great many hands out OF employ ment and reduce
the rate OF wages to something their standard
value as IRON the great competition for workmen 1T the
commencement oil tnis ear the induced to ask
higher wages than their labor worth Heavy and Just
complaints were also made by merchants and cutters
against the sy stem OF parties actually worth nothing
being allowed to cut on Crown lands without pa wing
the uees; whilst many Of them had paid very large
sums for their grants On the whole we AZ not inclined
to take such gloomy view Of the position of the Nsho-
gany Market as many have done A good mahogany
cutter still 90 to work and bring out an ayera sea
son OF good wood, sell it at 30 dollars per 81 and have
something very comfortable over and possibly also
with steady market at home be glad that the eyersh
excitement Of the past year Is gone.
From HAYrI.--We learn from Capt. Devcns. of
the brig Virgin, which arrived at this port on Sat
ur5sy that President Richie expected arrive at
Port au Prince from Jacme about the Goth Of August
when the new Constitution would be proclaimed, based
upon the old one with slight notifications, which
the President has promised that he will abide by.
Political afairs in lay at the present time, in
v,ry tr.naul state The French government the
most fen v terms with the HaytIens and will not
knowledge the independence Of the Dominicans.
the law by which foreign vessels were prohibited
from landing portion of their cargo at one port and ds
charging the remainder az another would be annued
and 20 into effect about the 25h Of August The repeal
ing OF this law will be Of much benefit TO the commerce.
efhsyti-Bosion .adv dug. d.