The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-08-21

The steamship Arabia arrived at this port yester-
day morning from Liverpool, with papers dated In
London on the 7th Of August. The Arabia was de-
lsyed on her passage in consequence Of having
In collision with the Europa of Cape Race, as al
ready reported in the HERALp. Additional par
ticulars concerning the accident are given this
morning
The financial and commercial advices by the Ara
bia have been ia great measure anticipated by our
telegaphic dispatches from st. Johns. N. r., pub
hshed laA Tuesday. Complete trade and financial
circulars are, however, given to-day.
Consols were quoted in London on the evening OF
9th inst. at 96a a ?Ga.
The news Of the successful landing Of the Atlantic
telegraph cable in valentia Bay reached Dublin on
the ath, and Liverpool, London and Paris the 5th
instant In the cities of Great Britain the joy Of the
people at the satisfactory result Of the great enter
prise was intense. and much sdmintion was ex-
pressed for the originators and conductors of
such a wonderful scientific achievement. The
effect on the price of the stock Ia England mar
vcllous, shares having bounded, in one day, from
rate Of between f200 and 900 the Il 600 10 par
and even over par We publish o most interesting
compilation from our European Giles with respect
to the progress of the cable the other side Of the
Atlantic.
Queen Victoria met the Emperor and Empress Of
France at Cherbourg on the 5th inst. On the sth
inst. his Majesty, addressing the Mayor said;--"I
am happy TO have finished the work Of Louis XVI,
and 10 inaugurate in time Of peace the port which
was SO actively commenced in q time OF war" We
give very graphic account Of the royal fstes far
as they had progressed, today.
Alexis Scycr. the great glstrononist. had died in
London.
From Australia we have news teegrsphcd by way
Of soez. dated at Sydney on the ilth and Melbourne
on the leri Of June. The steamer had brought
1896 600 In gold to suez. and three other vessels had
lett for England with dust valued at 900 900. The
Melbourne Parliament had been prorogued. A mug
get OF gold, weighing 1000 ounces, had been found
at BaIlarst. Commercial credit confused good and
trade was better, though stocks were heavy.
We have news from South America dated a.
Buecos Ayres the 2sth and Monteveido the 3olh Of
June, Rio de Jsneiro the 10th. Bahia the llth and
PerDsmbuco the 10th OF July. The Brazilian Steamer
landed specie and diamonds at Southampton, Eag
valued at $3.50, s20.
In Buenos Ayrcs the general estimated expend
ture sanctioned for ls5s amounted approximately to
go. s75 900. The additional sum 10 meet the ob
cation. Of the foreign debt. according TO the ar
t2.s25 900. The sum deposited In the bank. pro-
ceeds Of the property Of General Rosas declared for
feited. amounted 10 $40 600. There sa deAci.
of more than ssOooO 600. Trade was very limited.
Mcnievideo was Tranquil. TIE government mad
called upon the National Guard 10 exercise. Bust.
ness was alta stand still. The works for the frs,
section Of the Pcrnambuco Railway were nearly
finished, and the working returns were improving
The sugar and cotton crops looked well aud trade
was OF very fair character
Advices from the French West Indies, dated al
Martinique and Gusdaloupe, on the 23j Of July,
state tina, everything was proceeding satisfactorily
in those colonies. The Coolies whose engagements
have expired had for the greater part, contracted
fresh ones. The customs receipts at Martinique
show That the expectation Of coffee for the first six
months OF The present year amounted only b 2.G2s
kilogrammes
BY an arrival from st. Domingo on the "a OF
August there Is reported prospect Of another revo
Tuition IN short time-Gcnersl Santana not being
in favor Of the party nominated for President.
We have news from Curacao 10 the 9Th inst Az
fairs throughout Venezuela were ia general ouie..
Gregorio Monagas had died in prison q, M,racail,o
French and English vessels Of war were al Ierua
There was abundance OF salt at Bonsire. while a,
Curacao II was selling at thirty cents per barrel
with stock on hand Of 10000 barrels
The joint committee Of the Common Council on
ne repairing Of The City Hall, met yesterday and
agreed 10 have the building raised one story They
also agreed that II would be well 20 have Gteprcof
tower erected for the bell Of the City Had, IN dis
aiuct part Of the PARK. report Of their proceed.
irgS y given in another column wofimen were 90