The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-07-20

from the San francisco Herald, June 81
Some wag has, in the following squib, plucked
cature of the Of conducting business between
San Francisco and the Atlanic States
SAN FRANcIsco, June l, 1851.
mEssKs. OALiFonsA SPEcULAToRs AND SHIPPERS;
Gentlemen-We beg to acknowledge the receipt
OF l7,o6O4lO invoices and bills of adiog of goods
shipped by you to this port. Most Of the goods
have arrived, and we have disposed of part at one
half the prime cost. Many OF the invoices were
closed up by the regular FIRE of the ith ult We
enclose you general account, and shall forward
special account sales Gin the fall"
We send you the Alta price current the quota
tons in which you can rely upon as the highest re-
tail price. From the commercial articles, you will
be able to see the perfectly transparent state Of the
market.
Some two hundred of your vessels have cleared
for China and the East Indies; tue balance, say
five hundred, remain in port, from our inability to
negotiate further drafts upon you. Most of them
are less liable to sink, as they now lie on the mud
fats, than they would be il sent to sea, and we
would advise their remaining so for the next forty
or fifty years.
We would advise the immediate shipment of some
five hundred assorted cargoes, as the supply in the
market is not more than sufficient for fifteen
months. By all means ship III clipper ships as the
commission on freights, at $iper foot, is quite an
item in receipts. We recommend large ship
men of pork, which article, if not placed here so
to be sold at s. per barrel, will be driven out Of the
market by the large supply of fresh provisions being
carried into tho mining districts.
ANY article quoted ~ hlgh prices, the consump-
ton of which is limited, should be shipped in large
quantities, in order to compete with the host of
other shippers. 1t is not advisable to ship any Of
the produce your own country. as the supplies of
such articles mostly come from other ports.
We are daily expecting large supply ofsugar,
coffee, spice; and fruits from the North Pole, and
several cargoes of dry and fancy goods from Siberia
wbi h will doubtless go off readily
We regret to announce the loss of several Of your
vessels sea, thus restricting commissions, aud
rendering it necessary for you to collect the amount
insured
In shipping dutiabe goods you need never pro-
vide for the pay ment Of the duties, at all
times prepared to advance the amount required at
ten per cen-per month interest," Or if you prefer it,
have ~ goods stored in the celebrated u. ). fire
proof t6lded warehouses, ut the traing expense of
81 Der ton the first month and 50 each succeeding
month.
An anniversary fire is confidently expected on
the nth instant, when we hope to close most Of our
consi gIments, and forward you final acct. sales
The balance Of funds will be remitted by the first
vessel ''in the spring "
Trusting that previous operations here have
proved sufficiently satisfactory to induce you t, CON
tinue shipping as long you are able, and to ad-
vie your friends TO do so when you have retired
from the business, We remain, gentlemen. your OBJ
liged. &c. sc. sc.