The southern press. [volume] (Washington [D.C.]) 1850-1852, 1850-11-13
The California Markets
SAN FRANCIsco. Oct .

SAN Francisco, Oct. 3, 1850.
SO short time has elapsed since the sailing OF
the mail steamer, the LIST of the month. that We
have very little change to note.
Trade continues very brisk-merchants gen.
orally having about as much as they can attend
to-traders from the mines being here in great
numbers, buying freely for their winters sup
plies.
Making up remittances for the last steamer pro-
duced much less stringency in the money mark ct
than 1t has for several previous months
Bankers generally get all the dust they want at
$40 per ounce, with two per cent. premium for
American gold.
MISCELLANEOUS MARKETS.
From the San Francisco Journal Commerce, Ocf l.
In our last semi-monthIy review, on the 18th
ult, we stated that the state of trade generally
was IN healthy and improving condition. An
other severe fire on the 17th caused an Interrupt
ton to business for few days. but since that time
the market has been daily increasing in activity,
and heavy amount of merchandise of every de :,
scrPtion has been disposed of. The demand from.
the interior Is good, and is still expected to in
crease while the dry weather continues. The
increase OF population from the overland immi-'
grafton will cause a greatly increased consump-
ton. The imports lately have been Their light;
yet, with few exceptions, the market continues'
well supplied with every kind of goods required,
and there are but few articles with which it con
tinues overstocked; and there has, consequently,
.
from such an active demand. During the period
under review, the article of flour has been in great
demand; the market had previously become quite :
bare, and the price had consequently advanced
The arrival of two cargoes from Chill, together,
with considerable parcels Of American in barrels
was expected to cause a decline; but the demand
set IN so brskly that large amount was disposed
OF at previous rates, and towards the close con-
siderable advance was obtained The market Is
now bare of the article, and the price is ED at an
extreme rate. Pork has also been greatly in de-
mand; but the stock on hand is still large and )
there has been only a slight advance in price
Every other article in the provision line is good
demand; but the stocks on hand being large, there
Is scarcely any advance obtained. With dry goods,
clothing, boots shoes, etc., the market is still well
supplied; but holders are asking considerable |.
advance, as the sales, yet, have not been to the
extent that viii be required. Mostly every ar }
ticle of hardware is now in demand, and brings
highly remunerating prices. Bricks are greatly in
demand, but the imports lately have been very
large, and decline in price has been the conse- I
quence; they are still at rate that will sufi- !
GENTLY remunerate the importer The stock of
lumber on hand is still greater than the demand,
and 1t still continues Mt low rate. In real estate
there have been but few operations of late; the I
speculative spirit which existed some time ago, \
has entirely died away. However, when lots in /
good locations are offered, they command good I
price.