Ypsilanti sentinel. [volume] (Ypsilanti, Washtenaw Co., Mich.) 1843-1900, 1848-03-08
News of the Week.
CONDENSED for the Sentinel, from I'ele-
graphic Reports.j

graphic Reports.)
MARCH lst.-.Neao York. In -four there is
but small business doing. Markets firm
Good brands, Michigan and Genesee. Sc 25 to
Sc 81 "a. Some Canada in bond offered at
Sc 06. Coma shipping inquiry, sales small,
market higher: wheat higher. Other grains
quiet. Pork steady, not active. Ashes So %
for pearl and Sc for pots. Whiskey dull at 80
cents per gall.
.4tbdny.-Last night fire broke out on Quay
and Market streets, which destroyed Is build
ings. The loss is estimated at seventy-fve
thousand dollars. A boy named tool and man
by the name of Betterick lost their lives. The
Hartford insurance. Company was a heavy To-
ser by the fire.
Richmond Va.-The Depot of the Raleigh
and CASTOR Railroad was destroyed by fire on
Saturday. Several new locomotives were de-
stroyed.
louisville, Ky.-A steamer was sunk to day
| near Libkrty. Boat total loss. Cargo saved
in damaged condition Amount of damage
not ascertaiued.
81. Louis.-An arrival brning news from
Chihuohua, to the second of January, says the
American forces which left SantaFe some time
ago for the invasion of chihuahua were still at
Ell Passe, from which they were expected to re-
sumo their march during the month of January.
The People at Chihuahua had determined to Of
| fer no resistance to the American trains. The
| Governor of Chihuahua had made himself I'M
| popular by his assessment of taxes, and Will re-
] tire to Durango on the approach of the army.
March 2d.-.NeU York. The stock market
is much depressed. Flour: There is NOT much
doing only in moderate trade. Good GeDesee
brands are selling at 6 35 to 81 10 TO so
common westery and Michigan 6.25 to 6.37 .
the tendency is rather upward-sales OF the Gay
amount to 1000 barrels. Corn is held at SO q
&c for good parcals; sales small. Wheat is
wanted lor milling; sales except 800 bush
| els Ohio, al 81 35. Rye 80 cents.
BufdLo.-Flour market firm, holders having
advanced their views But no transactions ia
ken place, with the exception of one sale of DC
barrels fair brands Michigan, with inspection
guaranteed below. There are several in mar
ket at 4,S7 ., but few sellers under IS 90
MARCH 3d.-.New York The Stock mar
! ket is improving to day, and a much better fee
ing was evinced in the streets. The BrittaniS
had not yet arrived in Bosto2 but was hourly
! eX.Rected. No chanGa- wnrthu of note IN thu
A large building at The corner of Elizabeth s
Seventh streets, owned by Morton & Brelnmer
and mostly occupied by them, was burned las
night--loss some $4,000, partly insured.
An arrival at Baltimore brings later accounts
frcm Liberia. Two briggs, under Brazilian col
ors, had recently bee captured by an English
cruiser. One had $50 and the other $50 slaves
on board. Neither Of these vessels were owe
$50 tons burden.
The schooner Henry Clay, formerly the pilo
boat Of the same name, CT Baltimore, was close
ly pursued By an English man-of-w and fire,
into on two different occasions, bnt she finally
escaped with cargo of Stages. This is he
second voyage 20 the coast.
Il Bufaio.-Holders of flour are very firm, ant
not disposed to sell freely at sS5. There art
everal buyers in market at this figure. Seller
have generally advanced their views to SIS IL.
THE PROJECTED TREATY OF PEACE
1 The conectures and rumors of the last three
or four weeks, to which our readers will have
observed We have always attached an impor
lance which has been generally denied to them
have ripened into reality and as we announ
ced in hurried Postscript to yesterdays dali,
paper the project of treaty Of peace, signed b.
Mr. Trlst as Commissioner on the part of thu
United States, and by IT, Commissioners Oh
the part of Mexico, has bee6 received by the Elk
2 ecutive, and has been now for two days unde
consideration by that branch of the Government
The substance of the treaty, as we under
stand it, is as follows:
First. Peace between the United States
: Mexico, and an Armstce between the militar,
, Commanders of the two countries during sucl
time as the Treaty shall be in suspense.
Secondly. Mexico agrees in consideration
; &C., that the boundary between the u. S. an
e Mexico, shall hereafter be from the Sea up tn
t middle of the Rio Grande to tine boundary o
, New Mexico, and thence in line which, witt
some depression, is to run west, or nearly west
to the Pacific Ocean, and strike point south o
? the port of San Diego.
= Thirdly. In consideration of this large ces
6 sion of territory the United States are to psy t.
Mexico the sum of Fifteen Millions of dollars
and to satisfy all just claims IF citizens of tn
United States against the Government of Mex
I leo.
I The Treaty is understood to contain MANI
provisions of detail but does not, as we hear
include any provision, as has been reported, fo
the maintenance ola Military force by the Uni
, ted States for certain time in Mexico.
The Treaty makes its appearance in a ques
tionabIe form being concluded by Mr.. Trist
as with full powers after those powers had beer
Withdrawn, intended to be withdrawn, BY
the Executive. 1t is understood, however, thai
the Treaty, such as it is, will be submitted BY
) the President to the Senate for its considera-
ton. What will be its fate in that body we
will not undertake to predict.
We can at least rejoice at one thing that fol
the present theae is cessation of hostities in
Mexico. May it be per petual National In
teLHgencer.
The Chicago Journal is s'sharp'' upon Gen.
Cass-'sHe has," it says, ''written three col
umns in defence of slavery-sir lines in favor Of
! Western Improvements.
] DIDN'T be uniIlst" repIies another "His let