Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1862-07-08
FnREIGN NEWs.


The steamer Europa, from Liverpool on
the 28th, via Queenstown 29th ult., passed
Cape Race at u o'clock last Sunday night.
She was boarded by the Associated Press
Agent, and summary of her news OBJ
tanned.
The advices per the Europa are two days
later than those by the Kangaroo.
The receipt of the Persia's news in Liv-
erpool caused an increased excitement in
the cotton market, and an advance in
prices.
The London Times says in regard to the
war in America The news shows that
nothing much can be expected before the
Fall, and it hopes that means will be de-
vised before that time to put an end to the
conflict
The French Chambers had adjourned.
There were rumors that the Emperor
Napoleon was reconsidering the principles
of the next Mexican Expedition, and that
the embarkation of the French troops was
Professionally suspended.
The Times editorially says: The tele-
grams by the Persia if they come substan-
TALLY from the Northern Government do
credit to its veracity, as they proclaim
1hob ASNAoAfS GFCA lAG ANAA-
federates must be postponed until great ad-
ditiOns are made to the Federal army.
The latest dates are to June 18th, which
may be considered the beginning of sum-
mer heat. Although the probability is that
both armies will keep the field, yet there
can be but little doubt that the spirit Of the
campaign will languish until Fall, when
cold weather and reinforcements on both
sides will allow the struggle to be renewed.
The last news represents what may be
looked upon as the closing scenes of the
spring campaign.
Though the Federals have so many more
men, and such vast army and the great
est resources, they invariably describe
themselves as outnumbered by the Confed-
crates. Halleck and Mcclellan utter the
same complaint
The Times adds The superior numbers
and resources of the North we look upon
in the end as certain to prevail, but who
can see the resolution evineed by the
South, the immense army it puts in the
field, and the tenancy with which it dis
putes every position, withost feeling that
the war is likely to drench the territory Of
the Union with much more blood. It winds
up by hoping some means may be devised
for bringing this unnatural conflict to q
close.
The Morning Herald contends that a
restoration of the Union would be ca
lamity not only for Europe and England
| in particular, but for the North. 1t de-
clares that the Union had become a nuis-
ance among the nations. Secession is fa-
vorable to England Deep interests would
have justified interference before this, had
not internal morality forbid it. Even now,
if there was any hope of the early settle
ment, no one would dream of infering.-
As matters stand, however, the Herald
thinks it time that some decided step bC
taken by France and England, in behalf
of justice and humanity, as well as for tbs
protection of their half-ruined manufac
turies and hungry operatives. Such nc.
tion must be taken at last, as impossible
things cannot long be allowed.
Liverpool July 2S.-Richardson, Spence
and others report -four firm and the mid
ling descriptions rather better; American
quoted at 25(G30s. Wheat firm and un
changed; red western 9s10d(d10s10d; ret
southern 10s11d@ 11s3d; white western
11s9d011s 10; white southern 12sG12s6d
Corn easier; mixed 28s9d white 32(dg3S
Beef dull and dropping.
Pork heavy with declining tendency
Bacon irregular.
Lard steady at 40@42.
Tallow steady.
Brokers circular reports sugar stead,
and unchanged.
Coffee firm.
London Notwithstanding circular re
ports breadstufs firm but quiet.
Corn dull.
Sugar quiet but steady.
Tea irmer.
Coffee buoyant and Sd higher.
American securities easier, and holder
pressing stocks on the market Illinoi
Central shares 46t@463d; Erie share
30l@3O2; U. S. SIS 76@77; do. 6's 6l9SS
LONDON, 27th.-Consols for money 81
@915.