The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-03-26
NEWS FROM SOUTH aMERJC

"A.
The steamship lamar, which arrived at South
ampton on the 4th of March, brought news from
South America dated Buenos Ayres the 9th and
Montevideo the 30th of january; Rio Jane 70 the
Sth, Bahia the 18th and Pernambuco the 14th of
February.
At Buenos Ayres, during the month some anxi-
city has been felt in consequence of rumors to the
effect thar one of the objects of the proposed treaty
between the BraZis, Montevideo and the Argentine
republic to aid General Urquiza, President of
this last in invading the territory of Buenos Ayres
with the intention of compelling her TO re-enter
province, the Argentine Confederation. This
anxiety has subsidized. the general opinion now be-
ing that General UrquiZa has present intention
to invade. considering his hostile commercial poll
cy in enforcing the ditferentia duties sufficiently
injurious to the interests Of Buenos Ayres to which
are added continual reports of projected invasion,
with a view to create ALARM and thus check enter
prise. These reports however, gradually losing
their Importance; there has been some return to
activity in trade, and collections of outstandings
are becoming easier.
The government of Buenos Ayres has received
communication from Baron Mana, banker of Rio
Janero, proposing financial operation, having
for its object 20 fix the value of the paper currency
of the State of Buenos Ayres.
The United States squadron had sailed from Nom
tevideo for Corrientes, where it would await the
result of negotiations with the Paraguay govern
ment, which it was hoped would be successful.
Should war be formally declared the United States
would require a much larger force thar that at
armed and their forts in an efficient position to
oppose a powerful enemy.
From Rio Janeiro we have nothing new. The
heavy rains, which have fallen almost without in
PERMISSION for the last month"; have made sad
havoc with the roads of the interior, and large
portion of the Don Pedro Railroad has suffered
severely.
Supplies of coffee have been very moderate, and
atterly, owing to the weather, have almost entire
ly ceased. From the sailing of last packet to the
3lst, prices advanced from 100 to 200 refs, sales
reaching $4,000 bags, of which SO 900 for the Uni
ted States, $4,000 for the Channel and North of
Europe, 1000 for the Mediterranean, and 900 for
the Cape.
The National Bank having suspensed its emission
OF gold, exchange fell seven per cent, and clear
ing off of the stock of coffee (about 40 900 bags)
was the result, prices rising about 100 refs per ar
roba. OF those purchases $4,000 were for the
States, II 900 for the Channel and the remainder
for the Mediterranean.
From the London Ne,cS, March 81
The Brazilian Government has offered itself as
mediator in the question between America and Par
aguay, and an admiral has proceeded to the river
for this purpose. 1t is probable that this medta-
ton will be accepted, at least the part of the
States, as it would require force of 10000 at
the lowest estimate to enable America to dictate
terms to the chief of Paraguay.
[PernamJuco FeJ IA Correspondence of London Necs
Large purchases of sugar have been made during
the month, and since the sailing of the last steamer
from Europe rise of ten per cent. has taken place
in brown kinds, owing almost entirely the decline
ofexchange, which has taken place here; our sup
plies from the interior continue to be on an in
creased scale, and exporters seem anxious to pur-
sugars are far superior to what they have been for
some years. The shipments during the month have
been l0,l73 TONS and the total shipments since the
LIST of October last have been "a, lS2 tons.