Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1850-05-13
Later from CalifOrnia!-Arrival Of the
Empire City and Georgia.

Later from CalifOrnia!-Arrfval Of the
Empire City and Georgia.
New YoRK, May7,
The steamers Empire City and Georgia,
arrived ftom Chagres this morning, bring.
ing one months later news from California.
The steamer California had arrived at
Panama, with $l,6o0,00o in gold, and
started again full of passengers for San
Francisco.
COMMERCIAL,
SAN Francisco, April Z.
The weather continues fine, which be.
gins to produce some effect npon our tor
pid market, although there have been no
transactions TO note. Still there is q dis.
position to extend operations. We doubt
not the change will be more apparent
after the sailing of the steamer. Another
feature of great importance to our trade is
a decline oc interest. The high rates
heretofore maintained have been in the
way Of operations.
From the Pacific News.
We learn from q friend that the travel
towards the Southern mines is increasing
every day, and the prospects in that region
the coming season are Frightening. New
placers are frequently discovered as
excavations are made by our adventurous
citizens, and new towns are being laid out
as the population increases.
Stockton is said to be growing rapidly
and business is becoming brisk as the roads
TO the mines become pussable. The new
city of San Joaquin is increasing with mag
ical speed, and will be this season town
of great importance and extensive trade.
We do not know ofa new city in the State
more advantageously situated, on high and
beautiful grounds; or which affords great.
er inducements for profitable investment.
NEW YORK, 23 P. M.
The california left San Francisco on
the afternoon of April lst, with regular
mails and 42O passengers for Pnnama, and
on the 23d set out for Chagres.
The Cherokee was preparing to start
for New York, She will probably arrive
today.
The Miners are commencing their sum-
mes operations.
1t is estimated that 100000 men are Ell.
tber at, or on their way to the mines.
Money continues scarcest Of any articles.
The exhorbitant sum Of 10 per cent. per
month is being still the current rate Of in
terest.
Lumber is still depressed, and great
quantities arriving. The current rate is
$50 to 100 per 1000
Furniture Of all kinds is very high.
The price Of passage by steamer from
San Francisco to Sacramento is still high,
$40.
There have been a number Of failures
among the merchants. Among them Frank
Ward &c., one of the heaviest houses in
San Francisco.
Tho Empire brought 80 passengers but
no gold.
The condition of San Francisco is as
progressive as locomotive under full
head of steam.
There are now two Theaters open. Con.
certs, Balls, &C., &c, are common. The
shop windows exhibit all the elegance thai
civilization and art has produced in al
parts Of the globe, for comfort and decora
tion Of mankind.
Lieut.. Duer, Of U. S. Navy, has in con
temptation the erection of q telegraph II
communicate with the sea coast Th
routes for STATS are we'll selected, and hi
enterprise has encouragement Of merchant
and community generally.
The Spring now approaches; the south
ern towns begin to be deserted-the popu
lation are focking1 to the mines. Th
Dads are fast becoming passable.