Thank you for visiting SNEWPapers!
Sign up free
Washington Telegraph
Washington, Hempstead County, Arkansas
What is this article about?
Arrival of the Cambria at Halifax on May 1, 1850, reports advancing American cotton prices in Liverpool, steady commodity markets, English Ministry's parliamentary defeats signaling potential resignation, political calm in France before elections, unresolved Greek crisis risking Anglo-Russian conflict via blockade, and limited improvement in manufacturing districts.
Clipping
OCR Quality
Full Text
ARRIVAL OF THE CAMBRIA.
HALIFAX, May 1, 1850.
The Cambria arrived at 2 o'clock.
Cotton of all descriptions of American had advanced full 1-8d. Fair New Orleans, 7 3-8; Mobile 6 7-8; upland 6 3-4.
Total sales, 42,000; for speculation 10,000, for export 4,000. The market closed firm.
The Havre cotton market was steady, but without material change in prices.
Indian corn is a trifle lower, with fair demand. Flour is steady at previous rates, but business limited. Prices of provisions are unchanged, except in bacon, which is 1s. lower, and lard 6d. lower. The coffee market is dull and prices lower.
The English Ministry have been defeated in Parliament on two or three minor questions, gives strength to the general belief that they will be forced to resign. D'Israeli, the leader of the opposition, having recovered his health, the protectionists have been reinvested with renewed courage.
From the continent, the political news on the surface is unusually quiet. Order prevails throughout France. The violence of faction and near approach of the elections gives rise to fears for the continuance of the present calm.
The Greek question has not been adjusted, and in the event of the friendly offices of France, there is every reason to apprehend serious difficulties between England and Russia, as the former, in the event stated, has given Admiral Parker express orders to enforce a complete blockade of the coast of Greece; and should he do so, the Emperor of Russia has given positive assurance of his intention to advance to the assistance of King Otho.
The accounts from the manufacturing districts exhibit little improvement. The prices of manufactured goods do not keep pace with the advance in the raw material.
What sub-type of article is it?
What keywords are associated?
What entities or persons were involved?
Where did it happen?
Foreign News Details
Primary Location
Europe
Event Date
May 1, 1850
Key Persons
Outcome
english ministry defeated on minor questions, potential resignation; greek question unresolved, potential blockade by england and russian assistance to greece; cotton advanced 1-8d, total sales 42,000; manufacturing little improvement.
Event Details
The Cambria arrived at Halifax reporting Liverpool cotton market advances for American varieties, steady Havre market, lower Indian corn, steady flour, unchanged provisions except lower bacon and lard, dull coffee; English Ministry defeated in Parliament, opposition strengthened; quiet politics in France with election fears; unresolved Greek issue with potential English blockade and Russian intervention; manufacturing districts show little improvement with goods prices lagging raw materials.