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The Republic
Washington, District Of Columbia
What is this article about?
Report from Buenos Ayres via bark Francis Partridge: Buenos Ayrean forces preparing 17,000-man expedition against Paraguay; markets glutted with low prices on imports like flour ($5 Spanish on board), lumber ($25/1000 ft), scarce hides (8¢/lb); severe drought causing suffering despite recent rains; British bark Alpha reported speaking ship Louis Philippe from Baltimore to San Francisco, all well.
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The market at Buenos Ayres was glutted with every article, and prices had so fallen as to leave heavy loss on all imports. Flour was selling at $5, Spanish, on board.
Lumber had arrived in great quantities, and prices would only net about $25 per thousand feet.
Hides were extremely scarce and difficult to obtain, costing on board 8 cents per lb.
The drought had been very severe, though for the last two weeks considerable rain had fallen—still at the south there was much suffering, and cattle had become wild on account of it.
The Br. bark Alpha, which arrived at Buenos Ayres on the 1st October, reported having spoken, on the 10th September, in lat. 21° 12' S., long. 37° 20' W., ship Louis Philippe, Capt. Benthall, of and from Baltimore, bound to San Francisco, out sixty days.
Capt. Benthall reported all well on board his ship.
Baltimore American.
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Where did it happen?
Foreign News Details
Primary Location
Buenos Ayres
Event Date
5th October
Key Persons
Outcome
preparations for 17,000-man expedition against paraguay advanced; heavy losses on imports due to glutted market; severe drought causing suffering and wild cattle despite recent rains.
Event Details
Bark Francis Partridge arrived from Buenos Ayres, reporting anticipated Buenos Ayrean forces of 17,000 men against Paraguay with advanced preparations and imminent departure. Markets glutted, prices fallen: flour $5 Spanish on board, lumber netting $25 per thousand feet, hides scarce at 8 cents per lb. Severe drought with recent rains, but southern suffering and wild cattle. British bark Alpha reported speaking ship Louis Philippe from Baltimore to San Francisco on 10th September, all well.