The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-08-24

The aSsvs rS,e exhibits NJ a glance the vast ex
tent Of eur iatercoorse and trade by steam with
Europe. snd csnro, fail 10 strike resoess with
establishment, more aIticulariy such Of them re
collect the state Of excitement into which were
thrown Iy the arrival OF the Sirius at this port in
1883, the first steamer from the other side OF the
water. TIE progress made IN this direction during
the short space Of twenty years Is truly wonderful
Tho steamship Hermann sailed from this port zee
terday for Fraser river She vii touch at 40 ia
NERO, valparaiso and San Francsco She took out
about six hundred passengers.
We have advices from South America, dated at
Esenos Ayrcs on the 9th OF July, nine day. later
than the news received by way OF England. Tho
papers contain some interesting items a. TO the
progress Of affairs in Paraguay and Montevideo.
la Buenos Ayres the ministerial crisis WIS ended by
Tire acceptance Of the portfolio Of foreign affairs by
Colonel nitre. The late arrangements for the lqui.
dation Of the English loan we're looked on with much
satisfaction ana the most happy social results were
augured 10 consequence. Six per cent bonds to the
amount OF twelve millions OF dollars were to be i'm
uedistely issued by the government The Spanish
residents Of Buenos Ayrcs celebrated the event Of
the birth O. the Prince OF the At1rias with graf
pomp. Paraguay Is represented ~ making the most
rapid progress financially, socially and politically,
which il was sad nothing can rctard except war
with the United States. President Lopez had scnt
sixtcen young men 10 Europe for the purpose Of be
ing educated in shipbuilding and engineering. Tho
TREASURY was oyerbo~ing Three steamers had been
launched ard two more placed on the stocks Rail
way extension WIS also aided by President Lopez.
An uneasy feeling existed In Montevideo regarding
tie sSce Of the present diplomatic misunderstanding
viii England.
We have accounts from Msysyuez, Porto Rico, n
the'Sls, ult The island was remarkably healthy
fOr the scOson. A company had been formed ut st.
Johrs 70 run the French steamer Monte Cristo A.
= packet round the island. and her arrival on her
first trip daily looked for at Mayaguez There
Wa little CT nothing doing in the sugar market for
want 20 yroduce to operate In there remaining bit
100 toreleads r. conclude the crop. The prices
paid for parcels had been al an advance on lat
ouots,iass add as high as tj had been reached for
sugar ~ only second quality, which however was
the test in market. The same was the case at the
other por.s Of the island and al Ponce under ds.o
% 5Ob Ci a. high o. g. Is had been paid for prime
lots The reports from the island now reach about
a. 600 hhds and II IL thought the crop win not ex.
o.ed 81 coo hhds. holasles remained without ate.
ration say from slt 70 tl5. Last freights paid for
PitisL Channel, e. Zoe. e., for the Uoted States
500. a 35s Exchange on London $50 a s95;
United States 27O discount. Money was scarce al
yer The island.
Our correspondent at Turks Island, writing on
the 9th inst, says;-"The weather for making salt
g. most favorable snd the large quantity produced
exceeds the demand, which csuses the stock 10 ac-
cumus,e, and prices have receded 10 Sc. per bushel
Catching turtle Is attended with grea. success aud
steady demand prevails for England, France and
f,e United States. Few vessels Of war Of any ns-
ton are now ~ he sen among the islands, ard none
lsve touched since The abandonment o. tie light o.
eos- Ny the British. Al vessels calling here Tor
rsr ing clean bills OF health, end Of course there
Sc 90 pprebcnsiop Of yellow fever, which disease Is
e "a TO Brazil, Cuba and southern American
b. vessels from which never touch here
isin Permission, Of the brig Lark, has handed
G. rom Bermuda dated on the 10Th inst The
pfrs. .ontsin little news. A thunder storm Of
r.. Il. ,olsnoe pas-d over the Slini On the Eorn