The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-07-21
IUURSDAY-SLX O'CLOCK a. NJ.
ARRIVAL OF The AFRICA.
Highly Important from
the Seat of War.
En- Armistice Agreed Upon at
the Suggestion of France.
extraordinary sllact of the Cessation
Of Ii0StilitieS.
RAPID RISE in PUBLIC SECURITIES
BU0YANCY In THE COTTON MARKET.


BU0YAHCY In THE COTT0H MARKET.
-~>o~->>-o~>o~~>>oo-oo--
10, &c., 10
The steamship Africa, captain Shannon, which sailed
from Liverpool three O'Clock on the afternoon Of the
9th inst, arrived At this port this morning.
The CITY Of Manchester ftem New York, arrived al
Queenstown six O'Clock on the evening Of the 7b and
the Fulton reached Southampton about eight o'clock tho
same evening.
ARMlsTICE BETWEEN RANCE AND AUSTRIA.
On the It'll instant the Emperor of the French tele-
gTaphed to the Empress that armstce had been
cluded between the Emperor Of Austria and himself and
that Commissioners had been appointed TO settle the
clauses and duration OF the armAtioe
The Paris Aonir, in publishing the official despatch,
appends the following remars"It Ia necessary that the
public should misunderstood the extent Of the armis
tce. 10 limited merely To relaxation Of hostilites
between the begev ent armies, which, though Leaving the
Hed open for negotiations do not enable for the present
TO See how the war may BIO terminated"
Tho armstice had given rise To variety Of s2eculs-
tons in the English papers.
The London Times believes in peAce and remarks that
"before the truce has ended the French army will be
rfreshed and reinforced fleet Of gunboats will be
ready for auDchng upon the lake that surrounds Mantu
upon the shores ofNerthern Italy Broken and splrited
AusriA s, yet better able 70 fight this
moment than she will be at any future time. We believe
therefore peace and believe that path 10 peace
will be made smooth 10 her, for the Emperor has
advantage which for the moment he proposes himself
this between France and Austria ID ended France
comes tremendous in power out Of the conflict and
tra and Europe will look with still increasing interest.
much meditatng upon the FUTURE while she rests upon
her arms."
The London Post nclnes to think that the proposlio
for srmistce from the moderann the Emperor
Of the French and is opinion that Austria will consent
s..-isse bs- italian s~Ay, and thus ecd the war.
The London Daily Neau says It would be interesting to
know whether the propositions for arms!ice came
from Austria from third Power fer no one will sup
pose that it was made by France By whatsoever can
be accepted only for the purpose of giving scope TO nego
tia,ions.
The London Cube nterpre.s the arrls,ice Is prelude
to peace
sTICE ON THE VARIOUS MONEY MAR
KETs ETC.
PARIS, July 9, 1859.
The Mtaeur Of today contains the folio wipg-rhe ar
mistice signed vllaranca on the 9th instant be-
Marshal Valiant and Baron Hess liz term ia fixed
GELS without distinction OF Hag shall be allow ID 10 navi
gate the Adretic unmolested.
LONDON, July Q, 1859
The London Times Of TO day ssys-Wih regard to the
armstce there is little to communicate beyond what the
public already know. All that seems 10 be
well authenticated is that the proposal came
from France and was the result of the Eperors own de-
termination.
This fact is indeed highly important rhs. the Empe
Napoleon should stop short career Of victory and
make overures to the foe whom he has defeated in two
pitched battles and hurled back to the limits OF Lombar
necessities french
ruler We hardly believe that the latter have been
the Of this sudden resolve II the mex. week or
two show that Napoleon and Francis Joseph really wish
TO stop the euson Of blood and to settle permanently the
affairs OF italy, shall be glad to help them but it be-
comes this country not 10 lover its dignity by pressing
her advice unaked upon two Emperors who have sho
no desir) that We should share their council"
The city article Of the London Daily Ne,cs dated the
evening of the sh saysGreat sensation was produced
In the Stock Exchange this morning by the news Of
an armistice. The immediate result was rush to buy
back on the Part Of recent speculative sellers Manly
under the influence Of the demand from operators for
fail cousos obtained rise OIL y IL per cent Up
on news that Tho French funds hal fully two per
corsos which had meantime experienced relapse Of
to per cent At once sprang up again. At tho close, the
msrket allowed renewed ffmness, and the latest quota
ions were exactly q per cent above those OF yesterday
The rise extended through nearly all the other depart.
ents Of the stock exchange, LonoNdo Venetian shares
closed about sos per higher than yesterday 10
Tul sish stocks riae of 10 pr cent established
British railway stocks advanced in most instances one to
two per cent?
Tie London Times city article, dated evening Of the sth
saJs--"rhs has been settling day in con.ols, ana the
effect Of The sudden intelligence Of the armstoe has been
extraordinary. The opening transactions a rise Of
~ per cent and the upward movement early made fur.
tber progress There was then reaction but the latest
operations at nearly the highest qustasous of tn
day. Any moderate arrivals of gold that may
place VIII be purchased for export 20 the coutnen.
IN The foreign exchanges this afternoon WAS con
siderable Improvement in the Austrian rates "
The Austrian funds rose on The sth Frankfort from As