The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1849-02-06 00:00:00

APOOL STANDARD

a LIY

TAIISCOTT'S AMERICAN EMIGRATION OFFICE
ST. GEORGE'S-BUILDINGS, REGENT'S-ROAD.

E. The following
FIRST-CLASS PACKETS
"-'w Will be despatched on their appointed days, as
AiSkig,
,t.------ under :
.....„-----
For NEW YORK.
YORKSHIRE, Captain BAYER 2000 tons.. Ist Feb.
LIVERPOOL, Captain ELDRIDGE 2000 tons.. This Day.
ORPHAN, Captain WILLIAMS 1200 tons.. 7th Feb.
CAROLINE REED, Captain REED 1200 tons.. 11th Feb.
JOHN S. DE WOLF, Captain GRAY lOOO tons.. 16th Feb.
GEO. EVANS, Captain COUILLARD ... 1209 tons.. 26th Feb.
VICTORIA, Captain BRIGGS • l2OO tons.. Ist March

For NEW ORLEANS

CALCUTTA. Captain dcIIILLARI3-.
MARY WAID, Captain LITTLE ..

1000 tons.. This Day
1200 tons.. Sth Feb.

The above Ships are of the largest class, c anded by men
of experience, who will take every prec on to promote the
health and comfort of the passenger wring the voyage.
Private Rooms, for Families or rsons who wish to be more
select, can at all times be obt e , rind deposits of each, to
secure berths, should be re ted, which shall have due atten-
tion.

Persons proceedin the interior of the United States can
know the actual o y, and make the necessary arrangements
here, to be for rded, on arrival, at New York, without one
day's delay, a thereby avoid the many annoyances emigrants
are subject to on landing at New York.
Drafts and Exchange for any amonnt, at sight on New York,
payable in any part of the United States, can at all times be
furnished to those who prefer this safer mode of taking care of
their funds.

For further parti

Ely.,post-r

- W. TAI•:;CCiTt and CO:, Liverpool,
Agents for W. and J. T. TAPSCOTT, New York.
" TAPSCOTT'S EMIGRANT'S GUIDE" can be had by
remitting Four Postage Stamps for the same.

LATEST INTELLIGENCE.
(BY EXPRESS.)

WEST INDIA MAIL.

LBY ELECTRIC TELEGRAPII.I

By the arrival at Southampton of the mail steamer
Tay, we are in possession of dates from Jamaica to Jan. 7.
It was asserted in Jamaica that another prorogation
was inevitable, and that it would be announced shortly
before the re-assembling of the house. Another rumour
was, that the house would be prorogued at no distant pe-
riod after its re-assembling, and that a resolution to
receive the ordinary revenue unconditionally to the end
of the year would be managed. This is to be done in the
absence of the county members.
The planters of Demerara are recommended to allow
their properties to go under sequestration.

From Barbadoeswe learn that ten and great
numbers of men belonging to the 66th and 73rd Regi-
ments had died there of fever.

Maracaibo and destroyed the fleet of Paez

LONDON MONEY MARKET

YESTERDAY

The funds have been flat this morning, and prices were in
decline, when a leading broker, known to act usually for the
Scotch and some West-end banks, made a purchase of
.e 100,600 in Three-and-a-Quarter per Cents, the price not
stated ; and another broker took a considerable amount of
Reduced Threes, also as believed for banking account. These
operations arrested the tendency towards a further fall in
prices, without, however, improving them otherwise. We
quote Consols 91i to both for time and money, which, as
will be seen, are lower than the quotations of Saturday. Re-
duced Threes are 91i to Three-and-a-Quarter per Cents,
92i to March Exchequer Bills, 395. to 425. premium. Bank
Stock, 193 to 6.

to the town:Wp rates, but which are likely in the long run
to increase the number of our permanent paupers ; and
yet a very welcome class to owners of cottage property,
even though they happen to be Commissioners. Surely
it is quite as rational to suppose that the great choice of
houses here at a greatly reduced rent, together with the
increasing rates of Liverpool, and perhaps an idea of
greater security, should the cholera visit Liverpool in the
s; ring, have unitedly exercised a much greater influence
in determining those parties who have come to reside here
of late. The figures in the Journal appear to have been
selected to suit the opinions of the writer ; but the ac-
count is exceedingly confused, whilst the estimate of the
revenue for 1849 is arrived at by a process glaringly
unfair. In support of the charge of confusion I will
quote a portion as follows :—" We give in a tabular form
the comparative monthly receipts for the years 1847 and
1848," arter which follow the 12 months in each year,
with the comparative amounts placed opposite to each.
Now, surely twelve months (commencing Jct.-wary and
ending December) make a year. Therefore, by add-
ing the receipts for the twelve months of 1847 together,
finding the sim total to be £14,721 17s. 3d.. you would
naturally conclude that was the revenue cf 1847. Nothing
of the sort : the writer in the Journal estimates the pro-
bable amount of revenue of 1849, and takes that of 1847
as a basis, in that calculation the amount is stated to be
not £14,721 17s, 3d., but as follows :—" Revenue for
1847, was £20,399 13s. 10d.," and there is nothing in the
account itself that will explain this great discrepancy !
Are we, then, only presented with a partial view of the
accounts? If so, why? Such a proceeding invalidates
every estimate that is formed through such a medium.
I prove the unfairness in which the estimates are taken
in this way, In the tabular statement of comparative
receipts. There is a great and unaccountable increase in
December, 1848, over November, a thing which the ac-
count says has never happened before, and which it is
rather bold to ascribe to the reduction of the fare to Id.,
because it is out of proportion with all the previous
months since the reduction was made ; in fact, there is a
gradual diminution in every other month since the sum-
mer. Supposing that there is no mistake in the matter,
and that there really was an increase in December, that
month's receipt. when taken along with the preceding
months since the reduction of the fare, for the purpose
of comparing with the same number of months in the
*evious year, ought to have its due weight. But it

a , It IS
not honest to single out one particular month, in two dif-
ferent cases, in one of which it is actually made the basis

upon which the whole year's estimates for 1849 are calcu-
lated. if either of the preceding months had been taken
the calculation would have amounted to about £3,000 less,
so much for the unfairness of the estimates. I would ask
the writer in the Journal, if, in his estimate of the pro-
bable receipts and expenditure for 1849, he has taken into
account a small " leakage" at Monk's Ferry. Is he aware
that just before twelve o'clock in the evening preceding
the election of commissioners, in June 1847, a deputation
of two of our commissioners met a deputation of the rail-
..

way directors, at which an agreement was signed binding
the township to ferry across the river, by their boats, the
goods and passengers of the railway company, at such
prices that the Monk's Ferry will be a dead loss to the
township of £2OOO a-year in consequence?
Poor Birkenhead ! She was a good ship once; vide the
speeches at the banquet given when the first stone of her
docks was laid ; but she has been badly sailed ; and after
making all due allowance for events which have occurred,
and which the wisest men could not forsee, it is plain that,
in too many instances, the men at her helm have had pur-
suits and interests at variance with her interest, against
whose solicitations their virtue has not been proof. Surely
the past will operate as a warning for the future.—l am,
gentlemen, yours respectfully,
Birkenhead, Feb. sth, 1849. A RATEPAYER.

EXCHANGE NEWS-ROOM

TO THE EDITOR OF THE LIVERPOOL STANDARD.
SlR,—Few people will take the trouble of endeavouring
to remedy an anncyance, however irritating that annoy-
ance may be—hence grievances remain unredressed until
they become too vexatious to be longer borne in silence.
T allude to the perpetual noise in the Exchange-room,
arising from the perpetual slamming, or banging, of the
doors, for it is difficult to find more expressive or appro-
priate terms, though certainly this is not very elegant
phraseology. As this violent banging of doors occurs per-
petually through every minute of the day, accompanied
by a most intolerable noise, the comfort of the subscribers
ought certainly to be consulted by some remedy—and this
- remedy seems simple and easy; for, as I have seen in
)7 so- it is merely

/me papers, it is merely necessary to have double doors,
as they have at the Corn Exchange and the Custom-
house, and the evil would be cured.• There are other ar-
rangements which ought to be made to render the room
more comfortable, but this one grievance ought to be re-
formed instanter. A. F. R.

GENERAL TRADE REPORT.

MONDAY EVENING

Without doubt, whatever may 6eii;;Overreacilingsor
shortcomings of our present legislators, we are now fairly
drifting in a tide of prosperity. Certainly much will be
achieved, although, had our energies been wisely directed,
more might have been accomplished. Meanwhile the
indefatigable industry of the British producer is over-
coming all obstacles, and American advices bring the gra-
tifying information that on that continent our manufac-
tures are meeting with a better market. On Saturday
Consols for money closed at 911- showing a reduction
of only k on the week, despite the unfavourable character
of much of the continental intelligence; for the next ac-
count the last quotation was 911 to i.
Our SHARE market has been steady all week, prices re-
maining at the slight decline we noticed in our last.

London stock is TO-DAY 1361 @ 81, Midland 94 5 ,having
been at the highest point this year on Saturday week-
-138 40, 99 100. There has been, however, a considerable
amount of good buying each day, and a reaction in prices
has been prevented only by the dealers in London making
the most of the unsettled state of Paris, and the blow our
own Government received by their small majority on Lord
Stanley's motion, to lay in for themselves a good stock
of securities, well knowing that the rise must come, and
soon. We think we see a large speculative business
sp) lining up in the small shares of the old lines, it being
pretty surely ascertained that where interest is paid in
calls—higher than the current rate of the day—calls will
cease; we mean such shares as Midland half-shares gua-
ranteed 5 per cent. till paid up. Mr. Hudson being able to
borrow at 41, has stated it to be his intention to call no more
on these, and also Newcastle and Berwick preference gua-
ranteed 6 per cent. On these the secretary,in reply to an in-
quity made this week, has stated it is not intended to make
any further call • in all shares of this description, attached
to a respectable line, large purchases have been and are
being made on speculation by the knowing ones, and we
may consequently expect to see them- -not being clogged
with the prospect of calls—pushed to a price far beyond
t'ieir value. The calls of February are about one million
and a half. We give a list of the approaching meetings :
Chester and Birkenhead .. 10th Feb..... at Birkenhead.
Birmingham and Oxford .. 26th Feb..... at Birmingham.
Buckinghamshire .... 17th Feb... at Euston Station.
East Indian.
East and West York.. 9th Feb... at Knaresbrough.
Great Western
Leeds and Bradford l4th Feb. at Leeds.
London and Blackwall 2oth Feb.. at London Tavern.
London and Northwestern l6th Feb. .. at Euston Hotel.
London and Southwestern 15th Feb. at Vauxhall-
Sheffield and Manchester.. 28th Feb..... at Manchester.
Midland
Reading and Reigate 9th Feb at London.
Royston and Hitchin l9th Feb at London.
Shrewsbury & Birmingbam.l6th Feb at London.
Southeastern
South Wales. 2Bth Feb at London.
South Yorkshire.... 23rd Feb. at London.
Taw Vale 27th Feb at London.
West Cornwall lsth Feb at London.
Wharfdale
Wiltshire and Weymouth.. 26th Feb. at Bath.
York and Berwick 20th Feb at York.
York and North Midland.. 20th Feb at York.

Many parties were in hopes that something would have
been said in the Queen's speech about the reduction of
the duty on Tea; but as no allusion was made, we have
had a quiet market since; prices, however, are firm,
Coffee is also dull. There is still a very good demand for
Sugar, and some inquiry on speculation. 2000 bags of
Khaur Lave been sold To-DAY at 32/; 33/6 has been re-
fused for something rather better. The prices of Molasses
are firm, and if anything rather higher. Rice is in very
good inquiry, and the market is well supported ; fine qua-
lities are scarce, and higher prices demanded. No change
in Rum. There is not much doing in Saltpetre; but 50
tons of Nitrate were sold to-day at 11/ off the quay.
Except for fine TRISH Butter, which nearly maintains
previous prices, the market is dull, and holders of mid-
dling descriptions are eager to sell at a reduction. Com-
mon Sligos have been disposed of at 60/. New Bacon
sells TO-DAY at 48/ @ 50/. Fine Leg Lard 40/ @ 42/.
The demand for AMERICAN Lard has improved, and
1/ @ 1/6 v- cwt. advance has been obtained. Holders of
new Bacon are firm, and operations have been limited :
43/ ® 44/ has been paid for a very choice article. New
Hams, of ordinary quality, have realised 45/ v• cwt.
Cheese maintains its price. The tendency of Canadian
Butter is rather lower. The sales of Beef for the week
ending Friday were 400 @ 500 tierces, at 80/ @ 85/ I), tce.
Pork has sold freely, at an advance of 2/ on the lower
sorts. _ _ _

There has been a very good inquiry for CmTON TO-DAY,
with a firmer market, and the sales amounted to 10.000
bales, 4000 of which were on speculation. The intelli-
gence by the steamer is of a nature calculated to raise
prices; but as the Manchester people have not had time
to get down since its arrival, the effect has not yet been
felt here, nor will be, probably, until Wednesday ; but
the general impression is that prices will be higher. The
receipts at the American ports were only 70,000 bales,
against 125,000 the previous week ; and the shipments
for the week ending the 17th of January were only 21,600.
which is very little at this period of the season. In addi-
tion to this, the market had risen ic., and the estimates
had been reduced to 2,400,000 bales. We refer parties
immediately interested in the consumption of this article
to an excellent letter signed " Hindoo ," which will be
found elsewhere.,.

The demand for Wool. continues lively, and prices
improve. TO-DAY holders were asking 2d. '9 lb advance
for Alpaca, but we did not hear of any sales at that en-
hancement. . _

-In consequence of the rise in the value of Indian CORN
in Ireland, several buyers from that country made their
appearance in Brunswick-street TO-DAY, and the in-
creased demand resulting has sent the prica of that article
6d. @ 11-p qr. in advance of Friday's rates. Other arti-
cles remain firm at that day's quotations. We give the
Saturday : Wheat,
Arrivals
Bdaurrilg 7t9h9eqfirlsr..e; ditlalalt,s elsll7inqgrs. ; Oats, 2085 qrs. ;
Beans, 1856 qrs.; Pease, 2 qrs.; Indian Corn, 10,462 qrs. ; In-
, 9166 loads ; Flour, 1348
sdaicaknsC, o276l3Ableraik 500 b_rls_. ; Oatmeal

Exports :—Wheat, 1307 qrs. ; Oats, 7 qrs.; Beans, 100 qrs

California

Pease, 5 qrs. ; Indian Corn, 11,566 qrs. ; Indian Corn Meal, 594
brls.; Flour, 188 sacks, 2907 brls.
Both the English and Irish markets are rather on the
advance, though in some cases we find parties are playing
a cautious game. A letter from Cork, dated Feb. 3rd,
from Messrs. J. and J. Morton, states that " the trans-
actions in Foreign Wheat, since its release under the new
law, have been unimportant, neither sellers nor buyers
having made up their minds as to the times value; we,
therefore, look for nothing material for a few days."
The Scotch Pig IRON market has been rather dull this
week, and the demand has been more limited. We have
sellers at 51/ ® 52/, buyers at 50/; sellers at 49/ @ 49/6
cash mixed numbers, and at 48/ @ 49/ for No. 3. Bar
Iron has been sold at £5 7/6 f.o.b. at Wales, and the
price appears to have an upward tendency.—The business
transacted during the week in the Mining Share market
has been unusually good, especially in dividend-paying
mines ; and an active inquiry continues to be maintained
for shares in the leading companies.
The mercantile advises from Vienna mention a decline
of between one and two per cent. in the funds, in conse-
quence of increasing fears of a new war in Italy.
A memorial has been addressed by the Prussian Com-
mittee of Spanish Bondholders at Berlin to the Assembly
at Frankfort, seeking for their co-operation in sending an
agent to Madrid for the purpose of negotiating a settle-
ment of tha debt.

LATEST FROM THE UNITED STATES

ARRIVAL OF THE AMERICA.

The royal mail steam-ship America, Captain Leitch,
arrived in the Mersey on Sunday, with advices from New
York to the 23rd ultimo. She left Boston on the 24th
and Halifax on the 26th ultimo. She has performed the
passage from Boston, including the stoppage at Halifax,
in eleven days.

The enthUsiasm about the gold in California is still in-
creasing, and the accounts are more exciting than ever.
At New York no fewer than fifty vessels were loading for
California.. There seems to be now no doubt that quick-
silver is found in the country in great abundance—a fact
equal in importance to the extraordinary discovery in gold.
F. Jerome the celebrated seaman of the New World has

Much excitement was occasioned of

Stock Exchange by the publication of the letter from
California, which we insert elsewhere. The Herald, al-
luding to other private accounts, says that they have re-
ceived a confidential letter, which " contains intelligence
so astounding that they forbear to publish it, lest they
should be only langhed at." There had been no arrival
at Panama direct from San Francisco, and there had,
therefore, been no opportunity to make shipments to any
American Atlantic port. As soon, however, as the line of
steamers on the Pacific commence running, the gold, it is
said, will come along fast enough to satisfy the most vora-
cious. The fact that pieces of pure gold, 22 and 24 carats
fine, weighing 161b5., have been fdund, seems beyond
belief, but there seems little doubt of it. The gold is re-
presented as becoming daily more plentiful, and the dig-
gers find lumps weighing from three to sixteen pounds.
The Indians, in their love of spirits, freely give an ounce
of gold for a single glass.
There are other accounts still more flattering, authenti-

cated by, officers of the United States navy

much sickness, but very few deaths, at the diggings.
The following is an extract from a letter from Thomas
Larkin, Esq., late consul of the United States, and dated
Monterey, November 16, 1848:—•' I have had in my
hands several pieces of gold, about 23 carats fine, weigh-
ing from oriel() two pounds, and have it from good au-
thority that pieces have been found weighing 16 pounds.
Indeed, 1 have heard of one specimen that weighed 25 lbs.
Taere are many men in the place who, in June last, had
not one hundred dollars, tow in

to twenty thousand dollars, which they made by digging
gold and trading with the Indians. Several, I believe,
have made more. A common calico shirt, or even a silver
dollar, has been taken by an Indian for gold, without re
..ard to size ; and - 'f

.say £8 to

Half to one ounce of gold—. now considered the price of a shirt, while from
three to ten ounces is the price of a blanket. One hun-
dred dollars a day, for several days in succession, was and
is considered a common remuneration for the labour of a
gold-digger, though a few work over a month at a time, as
the fatigue is very great. From July to October one half
of the gold-hunters have been afflicted either with the
ague and fever, or the intermittent fever, and twenty days
absence from the placer during those months is necessary
to escape these diseases. There have not, however, been
many fatal cases. The gold is now sold, from the smallest
imaginary piece in size, to pieces of one pound in weight,
at $l6 per troy-ounce, for all the purposes of commerce;
but those who are under the necessity of raising coin to
pay duties to the government, are oblige,' to accept from
4310 to .611 per ounce." _

The accounts fram Mexico continue to exhibit features
of turbulence and demoralisation, unchecked by an inca-
pable government, In Durango, Guanajuato, Guadal-
spara, and Aquai Calietas, the work of plunder and assas-
sination was carried on to a very great extent. The Con-
gress was to assemble on the 13th ultimo, but a quorum
was not expected. The government was devoid of funds.
The articles of agreement for the construction of a rail-
road across the Isthmus of Panama had been signed. A
grant of £'250,000 a year, for twenty years, to Messrs.
Aspinwall, Stephens, and Chauncey, the contracting par-
ties, was recommended. It is proposed to complete the
line in three years.

There are several more matters of importance alluded to
in the papers by this arrival, to which we have referred
with prominence in other parts of our present publication.

NEW YORK, MONDAY, Jan. 22, 6 p.m.
There was a general disposition prevalent among. dealers in
produce to wait the arrival of the steam-shin Tlintpd gtntne

now uue at trns port, with about eight or ten days later news:
Flour was dull, and sales quite moderate for home use, atabout
the closing rates of Saturday. There were no transactions in
Wheat. Some lots of Western were offering, without finding
buyers at the rates demanded. Corn was dull, and sales con-
fined to a lot of old yellow and to parcels of Southern white,
without material change in prices. There was no change in
meal. Rye was nominal. Provisions exhibited no material
change since Saturday. Western pork, at the late decline, as-
sumed greater steadiness, but sales were light. Beef continued
in fair demand. Lard continued quiet. There was no change
worthy of notice in provisions. Sales of cotton were made to a
fair extent, without material change in prices.
ASHES.—SmaII sales of pearls were reported at .88, and of
pots at 41'6 87/ to S'7.

BREADSTUFFS.—Fiour.—The sales in the aggregate only
reached about 2 to 3000 bbls, including 1000 bbls Ohio flat hoop
on private terms ; 500 do. New Orleans at 85 37i. to 5 50 ; witl
various small parcels of common Western canal, Oswego, 8r(
at 5.5 p to 5 50k; small sales of extras were reported at I

week's prices, and straight brands do. at .B's i2f ; 140 bbls.
Richmond country sold at tk6 75. Wheat—A lot of 4to 5000
bushels Illinois wheat was offered at .B'l 10. Corn—Sales of
10,000 bushels old yellow were made at 65c ; 3100 ditto Southern
white were made at 58c.; 4000 ditto Maryland ditto at 58c ; and
700 at 581 c. Meal—Sales of 100 bbls. Jersey were made at .$l.
Oats were s2lling at 41 to 43c for canal.
MOVEMENTS OF COTTON IN THE UNITED STATES.

Receipts at ports since September 1, 1848.. bales, 1,113,261

_ _
Corresponding dates last year
If ~ year before
Exports from U. S. since Sept. 1, 1848 ,
587,370
Corresponding dates last year
9, year before
Exports to Great Britain since Sept. 1, 1818 408,992
Corresponding dates last year 195,812
1, 99 year before
Stock in shipping ports of receipt
Corresponding dates last year
9J. , year before
The receipts at this port since the Ist instant, have been
47,000 bales; exports, 12,500; taken by spinners, 17,000; taken
on speculation. 10,000; stock in city unsold, 45,000; amount on
sale, 10,000.

he movement

" On Wednesday and Thursday succeeding the arrival of the
Washington, the sales averaged 2,500 bales daily, mostly on
speculation and at still higher rates, which continued on the
morning of Friday after the telegraph announced the arrival
of the America at Boston, 1,000 bales having been eagerly
bought on the assumption that she would bring a handsome
advance ; her accounts, received about 1 p.m., of only an eighth
of a penny advance, rather damped the ardour of buyers, and
no disposition was shown afterwards to take hold. The letters
by this conveyance, as also the annual Cotton Circulars, which
were received next day, appearing to be uniformly written with
a glow of confidence on a decided advance there, provided the
popular estimates of our crop can be kept at or under 2,500,000
bales, and as that is, in the opinion of caveul observers, the
probable extent of it, (in which, however, I do not coincide,
being inclined to favour 2,600,000 bales, equal in average weight
to the last crop, notwithstanding the great increase of bales will
be found in the Atlantic section,) the market continued strong,
and sales to the extent of 1,000 bales without change in rates.
On Wednesday, the business was quite limited, and the market
felt sensibly the heavy arm ivals, amounting to 30•,000 bales since
Saturday morning. On Thursday, buyers for export having a
wide choice of samples, 2,000 bales were sold at the previous
decline—as several tare lists were still on the market unsold,
the inducements to buyers were increased the next day, and
the transactions amounted to 4,000 bales, the market recover-
ing one half of the previous decline later in the day. On Satur-
day, the tables were comparatively clear of cotton, and the
market was strong at the closing prices of the preceding day,
et which 1,500 bales were disposed of. Yesterday, the market
presented a quiet aspect, the sales only amounting to 1,200
bales, buyers feeling that at present prices, they may as well
await later advices."

following are ex
November 16, 18

re-electeu

1 Chairman of t

The closing quotations in this market were as annexed :
LITERPOOL CLASSIFICATION.

N. Orleans,
Mobile, 5-
Uplands. Florida. Texas.
Inferior
Ord nary 6tl to 6t- 64 to of 7to 74
Middling 6* to 7 6-1 to 7 74 to 74
Good Middling 64 to 74 7* to 74 7to 74
Middling Fair 74 to 7* 74 to 74 71 to 74
Fair . 74 to 74 74 to 74 73 to 84
Fully Fair nominal. none, nominal.
Good Fair . nominal. none. nominal.
Fine nominal. none. nominal.
FRMGHTS.—Cotton was engaged to Liverpool at 5-16 d. ;
naval stores were engaged at 3s. The packet of the Ist was
filled with cotton at 4c. per pound. There was no change to
Antwerp or Rotterdam.

THE CALIFORNIAN GOLD REGIONS.-LATEST

NEWS PER MAIL STEAMER,

The news from these regions, and from the whole of
the United States, present a picture which we venture to
say the world never looked on before ; wilder, indeed,
than the wildest dreams of romance. The dates come to
the 16th of November, from Monterey, some weeks later
than any previously received and made public ; and the
accounts are mostly from official sources. Their general
tenor pourtrays a state of things even more flattering
than those received previously, too highly coloured
al they were generally thought to be. It is now proved
that the extent of the gold region on the San Joachim
and Sacramento rivers extends a distance of 800 miles in

length, by 100 in width, and contains not only gold, but
quicksilver and other minerals of incalculable quantity.
Even a small population, by well-directed working,
could, it is estimated, export 100 millions of dollars an-
nually ; hut an additional population, such as it seems
likely that a couple of years will draw to the locality,
would easily triple that amount. The effect of such an
inundation upon the value of the precious metals through-
out the world, and upon the condition of those countries
who have adopted those precious metals as the regulator
and standard of their currency, 'it is difficult to predict.
At the date of the late advises from the United States

their passage, many now
be able to leave Panama

teamer."

- it was said that the excitement on the subject was dee:urg
ing. By the present we learn that this is far from being
the case ; that it pervades the whole Union, and the po-
palation of the countries alonx the whole seaboard of the
Pacific. We have authentic accounts of vessels which
were known to have actually sailed from various Atlantic
ports from the 7th Dec. last up to the 18th January. this
year, carrying to the gold region 3,093 passengers. Of
these 2,283 have gone via Cape Horn ; 2 via the San Juan ;
215 via Vera Cruz ; and 519 via Chagres. The numbers
preparing to sail it is impossible to ascertain, in addition
to which numbers are setting out from the Western States
overland. It is worthy of remark, too, that our American
brethren are proceeding to the El Dorada in their usual
astute business-like manner. The hulk of the ships
sailed, or to sail, carry out companies composed ne
ping young fellows, fully armed, and wifl-
implements, stores, &c.
the property of the adventurers them.
contain the framework of houses, &c.
ceed overland are hardy young men, inured to tt
or the hunter's life, and banded together for nr
tection. These new settlers will be a totally d;
from the outlaws and deserters who rushed r
region, unprovided with the necessary foe%
for the work, and many of whom, no doubt,
have paid the penalty of their rash " greed of ,
addition to the population proceeding from tt.
States and the seaboard of the Paci,
Islands are contributing their quota, an
expected to be attracted even from China.
Amongst those preePed;•-!7 #' are •
go with a view purely t. tranie. One Ne..
the Osceola, of Philadelphia, carried a company of emi-
grants of this description, mostly Philadelah;--- -
manifest of goods shipped
and the cargo was valued a
most of the ships procee,
petted to be able to find crews, and of the officers and
crews in some being joint stock adventurers with the
passengers, has caused them to be purchased out and oat
for the purpose, and a large increase in ft— --1-- -
ping has been the resul
purpose settling. Apa
being of amazing fertili
and •

rap-
I the necessary

ny cases the vessels are

.1y
ed at fir

tie, the

'OM° dollars
g to Califorr

ad some

ho pro

his time

icrease of populatio-n go on, they cape_.
n harvest will be gathered from the high r
le products of the soil must command.
Although from the large stocks of necessa
judging from the limited number of passengt.,
vessels are now carrying out, and the fact that
provisions are finding their way from ail pa._
union to California, which will by and bye reduce
ally the cost of living there, the prosper
dearth prevailing is not so imminent as ii
little doubt that we shall, in the meantime
sad accounts of suffering and crime.
We shall not here enter into an explanation of the an-
ticipations which the United States journals entertain as
to the resulteto flow from these discoveries. These will
serve for an opportunity of greater leisure. In the mean-
time that gold, which we make in Great Britain our
dearest commodity, and the standard of the value of all
other commodities, can be picked up by any vagabond in
California, in greater quantity than we, hi England, can
• 1 II V • •

rs in each,

be rece

Mechanics can now get 310 tc _
the wharfs or elsewhere, 35 to 10_ ,
81000 to $3,000 per annum : some enga
their pleasure at AS per day, or Ito 1 lbs. of gold per month.
In fact, labour of every description commands exorbitant
prices.

Whether you or your reader!
I know not. This I know, the
Lower California, are fast pas
bound for this coast, and them
e Sacramento Valley, where the

of gold

that does not prcd ice 100 troy ounc,..,
the size of a half spangle to one pound in 0.,
digger to " prosecntingt" i.e., looking for bk
Your " Maisano " can point out many a man whc
49,c • - "freed up 5 to 10 ounces

20 01.,_ in succession,
Our I 1 c!r, or gold region,
of country, embriving all the cret..
side of the river Sacramento, and one
In my travels I have, when resting uncle,
my horse, seen a few pieces of pure gold p
^f.s of the rocks or slate where we were
on the side c

occasion, nooning or rarest
unknown to diggers or "prospectors
not attended to, one of my companious
said, "Give me a tin pan; why shout(
gold sands ?" He took a pan, filled it
it out, and produced in five minutes,
on the sand, merely saying, "1 thought so.
Perhaps it is fair that your readers shoal

ever plenty the Sacramento Valle
ingot it has its disadvantages.

From the 1

of October, more or less, one halt t
and ague, or intermittent fev-
first day of digging until
the " placer" fifteen or twu.
cold t 3 work in the water; but .
July, one million of dollars of pur,
will be produced from this gold regic.
than three feet deep;
In San Francisco there is more merchan,
than before in a year. Vessels after vesse,
cargoes, dispose of them, and bag up the du
vessel, as the crew are soon among the missi
clear out is where the captain followed the
many vessels in San Francisco that cannot w
with the assistance of three or four neighbor
Colonel Stevenson's regiment is disband
of an hundred of whom have also gone "
ing the colonel, who arrived -,terey 1
last post, and was met by his men at t" eage of
escort and cheer him into tow,.

ey haie been
days.

.pril to the following'
more, per month,
lout digging more

itonterey last ix

SINGULAR IF TRUE,
The New York Morning Heraldfor Euroj
"We knew all about this gold a

rly ns Jun

844. In that

ton city, samples of gold b
Smith, who was then purchasing mills to
California, in the ship California, belonging to I
at New Bedford. Captain Smith proposed to us
then go ant with him. His advice is contained
extract from an original letter now in our peas
could establish yourself in business in Monterey
have a branch of your store back in the interior
stocked with all kinds of goods; the place select
the vicinity of the gold miners. You would fine
able to take with you into the interior about Sz,uou
Spanish sixpenny, shilling, and two-shilling pieces. with tnese
you buy the gola from the miners at a certain rate, and pay in
silver coin. These men would buy your goods, and repay you
in the identical silver coin, which you could pay out again and
again, thus making a profit both ways.' We did not accept
the proposition of Captain Smith, and regret that we did not.
John Tyler and his cabinet were as well aware that gold existed
in large quantities in California as James K. Polk and his ca-
t binet were when the treaty with Mexico was made."

aptain Stephen lit:

inn, then lying
that we should

If this story be true it is difficult to say wl
contemporary were the greatest ass in the matt(
sident Polk the greatest knave.

he ther

THE NATIONAL CONFEDERATION
PITT-STREET WARD.

or Pre-

The annual meeting of the members of the
Ward branch of the National Confeueration,
last night at the rooms, 7, Campbell-street. Th
was numerous, and composed of influential men residing
in that and other wards.

eeting

Mr. M`MULLEN, the chairman, opened the proceedines
by stating the object of the meeting—the election
chairman and officers. After congratulating
on the successful progress of the association,
were of such vital importance to the inhabitants of 4this
and all other towns,
The first resolution w
s market, Stewart's cir- I and seconded by Mr. B,

ae mee

Mr. M'MULLEN returned thanks for the honour thus
conferred a second time on him, and assured the meeting
that the cause should never want his best exertions and
influence.

as follov

That Mr. Gre-

Propos

The second resolution N
gory be appointed vice-chairmai
GORDON, seconded by Mr. WILLIAM
Mr. JAMES DENTON then proposed that M
be re-appointed secretary
The proposition was s

and representative o
!conded by Mr. T'

e ward.
11, and

like the preceding, w
Mr. CALMS expressed his
low Confederates had done I
Mr. WILSON BELL, amidst rounds of applause, then
moved the following resolution :—" That the be
of this meeting be given to Robert Henderst
Chairman of th Dock Committee, for the firm stand he
has made on behalf of the ratepayers, silica Ii
went to that office "

as carried by acclamation

nse of ft

a, Esq.,

conded the resolution, and
I there can be no doubt, that
of that ward with

Mr. EDWARD WILLIAMS a
from the manner it was receive
Mr. Henderson has the s;
him, as he is said to have those of the tow
In the course of the proceedings letters of apology were
received from T. Toulmin and J. Robinson, Esqrs. for
their absence. The latter gentleman forwarded a dona-
tion to the funds of the association. Mr. Toulmin pre-
viously sent a sum to be appropriated to the same pur-
pose.

at large

THE SOIREE AT THE TOWN-HALL.—This evening is
appointed for the grand civic entertainment to be given
by the mayor and his lady, at the Town-hall. It is the
subject of conversation in all quarters ; and as not less
than 1200 ladies and gentlemen have been invited, it will
be one not only of the largest, but of the most interesting
reunions ever held in Liverpool. His worship has won
golden opinions for his considerate attention in endeavour-
mg to gratify so many of his fellow-townspeople
arrangements made for the arrivals and de
found in our advertising columns

es will be

To EMIGRANTS TO CALIFORNIA.—For the information
of adventurers who have determined to take the r.
or Panama route, we take from the New Orle,
the following description of Chagres .
about 60 houses, or rather thatched huts, for they are
built tntirely of reees, and are unlike anything I ever sa-v
before. With but a few exceptions, the inhabitants are
" woolly headed negroes ;" and it was a funny sight to a
live New Yorker, on his going on deck the day we ar-
rived, to see about a dozen canoes surrounding the ship,
and the persons in them without anything on larger than
the fig leaf that Adam wore, and many of them not with
that. The ladies on shore, and in their shops. drP
mostly in white, or highly coloured dresses, and a,
stantly smoking. The ai i -al of this ship is quite I,
send, as it is supposed that about 4,000 doll—
left with them. We go up to the Chagre:_
about fifty miles. The charge is 50 dollars for a t
for five persons, and 25 dollars for a single passenge
the end of the canal navigation, mules are empl,
Panama. A boat has just arrived from Set,•-
report is, that the United States
moment he lauded, and engaged evt_
could for, the government, and the pass
bably be detained three weeks
owing to the larger number of
ing for the steamer of the

Chag

bagres

Bultiti*

xes has

river to SE

and the

gent sen

lead the
ance he

• persons in Banatua wait-
of January, who have paid
" this crowd" would not
tit the February or March.