[Telegram.]

Mr. Van Valkenburgh to Mr. Seward.

No. 47.]

Sir: Affairs looking better. Hope for an amicable adjustment, and that further hostilities will be avoided. Stonewall arrived on the 24th instant; all well.

I keep her under American flag. Have drawn on Baring Brothers & Co. for £4,416 13s. 4d. sterling, to pay her expenses to 1st of July.

Full particulars by mail; please telegraph to London to honor this draft, and send me instructions by steamer leaving San Francisco about 1st of June.

Respectfully,

R. B. VAN VALKENBURGH.

Hon. William H. Seward, Secretary of State, Washington, D. C.