The Arkansas banner., 1849-03-13
Lieut.. Lanman,s Cniirornia Rrporr.

Latest .9ceosssts- rarg rafioa ofiL< Land Specu- Lsffon, Sc.-T'hc Naieasl InielIgeneer, of Friday, publishes the Following account from California, by Lieut. Joseph lsantnan, ct the unitsd States navy, who arrived in Washington on Turs3ay evening, as bea CT of dispatches from the Pacific squadron
 He confirms the reports in regard io tine extent and productyehcsg of Inc gold mines bat says that many og the letcf-wiiers in that regioa w.io are hoders oi lands have coored their tses tc some ex- tent. with view of promoting their individual in- terest. Only about an hour before he left he saw man on board the flag ship, lest arrived from the mines. wfo conhFmcd the previous reports in regard 10 the discoveries the river Saueslow where he had seen single lump of gold weighing nine pounds, and heard of one that weighed twenty pounds. Tue gold excitement in Monterey had entirely abated the iinmeuse mineral wealth of the country bsing looked nPou as established fact There was no disposition (exeepung among the laadholders) 10 exaggefate. and this was mentioned 10 Lieut.. Lan- Inah by Gov. k, B. Mason, as singular clreum- stance.
 For year past, Lieut.. LanInan has been perform. ing the duties Of collector at the pert of Monterey and, having seen every InAn who had returned from vIsit to the mines, his opportunities for obtaining authentic information better than + he visited the mines in person. He informs us that no large amounts of gold dust or ore were selling at a sacTi. fee; he does not believe that one hnndlpd ounces of the gold dust could have been purchased at the reported rae of eight dollars the ordinary price.
 
 weekly receipts of gold at San Francisco were esti. mated at from thirty to fifty thousand dollars, and Lieai Lanman knew of one individual who bad if his possession thirty thousand dollars worth of pure ore and dust.
 The current value of gold in trade was sixteer dollars per ounce. There was scarcity of ceir throughout the country; but when Lieut. l.. arrived at Panama he was informed that S600, ,o0o had jus been shipped for California by certain Mexican gen tiemen, and ihatt The American consul at Paita Mir Ruden) had in charge coin lo the value of Sf OOO which he intended 10 exchange for and dust. Peru and ChiIi are not behind the United State, in regard to the gold excitement, less than twenty vessels having sailed from these two countries within short time, bound to San Francisco They were all well laden with provisions and other nccessarei ut life, and their arrival would probably reduce th, prices, which have heretofore been so exeIhitant As stated in extract from the Washington Union yesterday, Lieutenant Lanman arrived al Panama on the l7th of January, in the steamship California, which with two sailing vessels there would take tc San Francisco the sou in waiting O. his route the Isthrnus the Intelligencef says "Leut. Lanman Jeff Panama on The 18th o January. with i've fRaies, foF which the consul had to pay $2i, three times the usual price. The dis. lance thus travesed was twenty-oue miles, and wa. performed in len hours. Over thtee miles of thi: road tine mules could trot--two miles of the toad were indifferent, fourteen very bad, and two almost impossible. Ii is not hiy but some of the passes narrow, that the ladies who travel across are compelled to dispense with their side saddles. The remaining portion of the route across the Isthmu: is performed in canoes, the distance from the place where the mules are left in Chagfes being forty-uu miles Lieut. Lanman sailed in the steumer Isthfnus on the 23d January, for Havana thence to Kingston, and arrived in Washington a- before stated''