LAKE AND OCEAN DIRECT TRADE. - The Massilon entered for loading on the 26th ult.* Her cargo sold at £10. A small set of hogshead staves on on the same vessel sold at £16, &c., red oak lumber, two shillings per foot all round. Headings at £50 per M.
The schooner Hugh Barclay, from Detroit, was at Limerick.
The (J. G.) Deschler's cargo did not turn out entirely equal to sample, and therefore did not obtain the price first reported. Messrs. Cunningham & Shaw, of Liverpool, advise western shippers to exercise great care in selecting cargoes, as the discrimination in English markets is very close.
In the Liverpool papers brought by this mail we notice Cunningham & Shaw's advertisement of the "A1 clipper bark, Capt. Lloyd, 379 t. register, for Cleveland, Ohio, direct." She is described as having "the greater part of her cargo actually engaged, and will meet with prompt dispatch." In the handbill it is stated that goods for Buffalo, Erie, Detroit and Chicago can also be delivered at their destination in less time than via New York and Canada, and at a saving of 40 per cent. The St. Helena, of Detroit, is announced to succeed the Massilon in loading.
By a letter from Mr. Martin, in the Review, we learn the following:
"The Pierce will load with coal at Cardiff, Wales, for Malta, at 22s sterling per ton, and then to the Danube , load with grain at 9s. 4½ d. per quarter, back, touching at Cork and Falmouth for orders.
"The Vanguard loads at Newcastle with coal for Constantinople, at 20s. per ton; thence to the Danube and loads with grain at 9s. 6d. per quarter, and thence to Cork or Falmouth for orders.
"The Dousman loads at the same place as the Vanguard at 21s. per ton, and 9s. 3d. back.
"The rates of insurance here are very high for our vessels, by Lloyd's classification; owing to the old style that they survey on they will not class them, although they insure the cargoes at the same rate that they do all A No. 1 vessels."
London dates of July 29 report that the H. H. Howe, Capt. Day, is in that port for sale; Chieftain, Capt. Wolvin, and Vanguard, Capt. Davis, also in the port.
The following is a list taken from Cunningham and Shaw's register in Liverpool, and shows what our lake vessels are doing:
Schooner J. G. Warner left for Cleveland with iron.
Brig R. H. Harmon left for Cleveland with assorted cargo.
Brig J. G. Deschler loading at Glasgow; iron, Cleveland.
Schooner Valeria is here, discharging; will load for Cleveland.
Vanguard goes to London.
Grace Greenwood goes to Cadiz.
Eli Bates goes to Cadiz.
Schooner Dousman, probably Black Sea, not decided.
Grand Turk, Hamburgh.
C. H. Walker, bound for Odessa with coal, at 5.28 per ton.
D. C. Pierce, cargo sold at Cork, Ireland.
Gold Hunter, discharging at Cork.
St. Helena, at Queenstown for orders.
C. J. Kershaw and D. B. Sexton, loading at Cardiff for Greenecha, Sea of Azoff.
The Mediterranean freights have fallen since the peace news. Port charges that way are very high, and it is probable that little if any profit can be made now in that trade. - Cleve. Her. - 13th.