New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-02-11

- JyJyyy-au immense sum. when we consider
tie number and character Of the buildings destroy
Cd This does not ncgde the loss ia business view
which wil be a, least $500 OoJ more. From these
acts son may form some estimate of the prcteEf
-z-lz of town property IN California, and account
.0r TIE iact that three i0urths Of tue god dug re-
la.ns 10 the country, being needed as currency
Tie ire here has IN now injured the genera bg.
sress Of the place. The smaller gambling hels
around aud near Portsmouth Square are doing
r1o1 business, nov that the headquarters 4 the
profession are destroyed Rents are as tigh a.
ever and rs far ] can learn. as pGnct1aly paid.
The money market IS and has been for several
months past very tight. J believe that the " al
-. expression and from 10 % - per cent monthly
5 pad, On good security. The stock COMPANY
which has buiit long wharf at the foot Of Ssc-a-
neuto.st. las Just declared dividend OF 10 per
cent the wharf ha-Eg been hnished only six weeks
5.uce. During this muddy season, It Is the only
convenient place tor landing goods and as the COS
- constructing i was enormous. So are likewise the
charges for wharfage and storage
san Francisco overflow. with people aud 10,
outstanding buildings e-e continually growing up
ike mushrooms, over night, hundreds who arrive
are obliged - lodge IN tents with which the
mlts OF the hills are covered. sincerely pity those
~hO arrived here in the California, on Saturds
asst without tie means Of living comfortably. L.
die lover part OF the city the mud Is ankle deep
and though the thermometer rarely sinks below
so, one cannot stand still any length Of time with
ont deathIke chill taking hold Of his feet. As r
consequence Of tins. coughs and bronchial affections
are nnumcrable The universal custom Of wear
nc the pants.oons inside the boots threatens 10 re-
store the knee -breeches OF our grandiathers times
Even women are obliged 10 shorten their skirts
and wear hightopped boots All this wi be rem
sdied when the city is two years older, and Por.s
mouth square viii boast pave as elegant IS thai
Oh the dollar side Of Broadway.
Passengers coming down from Sacramento CITY
Oh Saturday bring the intelligence that the Re
AIaercano has overlooked its banks aud the whole
place IS flooded. This was 70 be expected, after
the recent heavy rains, and preparations wcrr
probably made TO meet 1t for DO not learn that
much damage was done by the water | DO -ot
think the prosperity of the place VIII be much iu
peded by this inuudaiion. 4 small dyke on the
north side Of the city will be sufficient TO protect il
and one VIII no doubt pc thrown up before another
Winter
The news from the mines u quite ss iavOrab.s
could be expected The miners on the tribut4
ries Of the San Joaquin are very generally stwork
aud their earnings fall little short OF the Summer
standard. On the northern rivers the rains have
been very severe which have checked their opera
tons for time. The different " inter commIu-
ties are well supplied with provisions. and no ap
preheusiOns Of scarcity are now entertained. Nes
erthcess. II the Winter prove longer than usus'
there will be suffering, not only through the minu.
region, bu, along the Sacramento and in other lo
csllues where companies Of overland emleranis
have pitched their tents for the Winter The nun
Der of cases Of desituton is much greater here tina
IN any other part OF California and sl! the charity
the rich AID fortunate will be required 70 prevent
an increase.
At last the Legislature has met aud the L
Senators arc elected AS | feared, DR.. Gwin d,
oue Of them Col. Fremonts election on the iirs
ballot surprised every body aud quite couflund
his enemies Of whom there ars many. HIS thor
ou1h knowledge OF the country and its present con
iIuon vii enable him uselullv 20 represcnt It's ia
torests, and one can deny that his past service.
strong claim to the distinguished station. D
OWNS election. am convinced was achieved b.
adrC!t political management, and a majority of IT,
c,tzcus OF California al this moment opposed to
H. The two men who shouldhave bean elected
Tho men " hose presence in the : Senate would
have been sn honor and lasting benefit TO the
State--T Butler King and II ". Halleck-hsvc
commenced the practice OF law in this city.
The assertion OF the EreniHg Post, which ! NJ
,iced IN The Tribune, that the Government sOugh,
20 keep the Constitution Of California silent M
subject OF Slavery is entirely false IL il and was
everywhere understood here, that our Administrs
fioa at w ashnCton earnestly desired that IT,
question should be settled at once and forever. The
only objections which were privately urged none
were made IN the Conventon,) against maxim"
California Free State, were on these veIl
grounds from members of the Loco FOco party.
Inc newspaper speculation OF NJ ltlsi "hlCh
noticed IN my first letter from this place, has been
initiated aud oyerdone. At least a dozen newspa
pei merchants came by the California, and there
vas elut IN the market. IN consequence wherco
papers came down TO 30 and % cents apiece. IT,,
Tribune cried at every street-corner The
Alta California and Pacific Neios now publish cdi
tons For the Atlantic Coast, at the sailing OF
every steamer The offices are invaded by crowds
Of purchasers, and all that hand presses can DO Is
employ cd to supply The demand Mr.. J. K. Dun
sage, formerly Of the y. q. PtoGygae. is engaged
Editor Of the former paper 10 take the place Of
Mr.. Gilbert, now an NJ. c. Messrs Crane ard
RICE have not yet received their printing materiss,
aud the time of their first issue IS uncertain.
I, Is time 10 be aboard the steamer, and ! now
take leave oi San Francisco eager to reach clear
or sky and drier soil. May tread again, before !
die, the shores OF this Empire of marvellous birth
and magnificent promise BT