The New York herald., 1868-02-27
BRAZIL.
SPECIAL c0aaEspoRnEACs OF THE aERALD.


Perrumsuco NfariseIs-Americnn Trade With
Bra axii~-Aii About the BRAZILIAN Conserip-
tian. o.a
The markets Cor produce exchange and gold have
experienced vioont fluctuations during the past two
weeRs. On the 2lst ult. the Brazilian mail steamer
arrived from RIO Janeiro, bringing news of fail in
foreign exchange, but no news from the seat OF war
with Paraguay, which was considered equivalent 10
news OF Brazilian defcat Exchange ON London
which for days had been uctuating between 2ld
2od. per rrels trs. iHooo went at once to l73sd
I'D per lHo0o ninety days sight the latter rate for
bank paper Sovoregns from 120O0 to l5N5O0 each,
the rise in gold being partly due TO the decree making
Is per cen OF import duties payable gold, which came
in force January /. Tho panic excited by the news
caused general dstrust, and many persons having
remttances to make preferred purchasing cotton and
sugar instead OF bills Cotton, which had fallen as low
7a5ec per arrobe, went up to 960o and sugar FOR
"Americancs" from 2A650 2l750 to 2NoO0 $1,000
Later advices from Rio Janeiro caused better feeng
in regard to exchange and gold and produce suffered
decline
On the 30th ult tho French mail arrived from
the South but as her stay here short and bills drawn
to be By her generally passed before her ar
rival her news did produce much effect on the mar
ke Nearly fl50 600 sterling passed for that con-
veyanco Of which the sum OF 600 600 sterling was taken
through the Treasury Department. here, at the rate OF
I'D milres and the balance done ut the rate OF
l7Ad a71.d per iloeo To-day soveregns ..tar are
pams,' Sl6o0 ''laceos," let I. O. b., 9Aooo per
arobe Sugar. for ciay ed muscovado $1,000 per srrobe
Importstons from tho United states during the past
month have been very tring, and there IS nothing IN
the prospect ahead to warrant exclusive shipments TO
this port years ago the United States furnished
two tnirds of the Hour consumed here Last year the
arrivals OF -four from the United States were about one
NTH OF the total receipts say 600 barrels Prices OF
npur day for Tries A
American, S2s $50 do AT present rates oi exchange,
say three milreis per gold dollar these prices cannot
afford much margin after deducng freight, duties and
commissions. Small salos Of refined petroleum have
been made at ~ per tin Crackers, 4Isoo per Ees
British merchants acknowledge losing business for the
lat year. Dry goods sold loss and were paid
for, when paid FOR at all, in constantiy deprecatng
currency This is season for business and IL Is
dull to render Inevitable much distress In mer-
camille circles when the next dull season arrives.
Tho prospect ahead is gloomy. The unfortunate war
with Paraguay has almost drained tho country o. It's
best tree aborers, anu former eves having been cx-
hausted fresh demands constantly beng made.
Aen OF property liable to be recruited sending
slaves as substituted Some prominent gentlemen OF
thus city are irving a subscrp,,on the
purchase fiji up quota of the province
II this government ID not successful in It's war
operations IN the iuturo the past you may con-
sider it settled fact that slavery in Brazil is a
doomed institution, with short lease of life. The
crutng officers are constantly at work. but are most
active the of the departure Of steamer for tho
south At such times the poor matutos country
coming to town to sell their little marketing have fire.
quenty been seized and hurried oil without oppor
tunty OF proving that they we're legally exempt lhe
evil grow such extent To threaten stoppage Of
table supplies aud the paraiyzaton Of commerce.
Finally the dent OF the provinces found necessary to
forbid the recruiting OF country people bringing produce
to market There nothing Ike lair draft here. The
recruiting officers pick up any man who does not look
he had influential friends to save him. He IS then
marched the Jail or barracks, where no is prisoner
unit opportunity offers OF sending him south. THIS
ID the way the socaied volunteers are procured.
In the disbursement accounts OF the Treasurer OF one
Of the provinces recently appeared item OF
cave mllreis paid tor handouts for voiunteer!"