Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1851-02-28
Later from California.

Within the past two days, the steamers Crescent
City, Ohio: Cherokee, and Promethcus have arrived
3 at New York from Chagres. The Crescent City
brings dates from San Francisco to the 18th Jany.
The Ohio brings 100000 in gold dust freight
Weextract the following summary of events in Cali
fOrnia, frcu the New York Journal of Commerce:
SAN FRANcIsco Jan. 15
think of business California tending
crisis and must speedily Merchants who have i'm
ported goods largely cannot sell enough pay freight
consignces many of them at least unable unwilling
raise funds at 10 per cent month to freight and wait
for change the markets The result will be- that cargo
after cargo must inevitably be forced into aucon and SOLD
for what they will bring.
No man. here, estimate the value of goods
aoat in this harbor On the first of January last the Chill
Flour Company alone had here in bond about worth
of Flour price Valparaiso and that has doubtless
been doubled by subsequent arrivals There Flour here
sufficient for the consumption of the country to last this PEG
pie six monhsand in this humid atmosphere in the
months onea of it must and many say goods of gen
ca here quantities sufficient for six month
consumption.
But Francisco is bound to be of the greatest cite
of the known world and that speedily The pioneers, many
of hem become bankrupt but another generation viii
reap the harvest Society daily in the advance far
emigration of ladies and families concerned and thi
must continue to improve.
As for climate, there is equal to superior to it il
the known world Those searching winds have here il
summer be entirely avoided by going back into the
try twenty miles, to the opposite side of the bay
The Panama Railroad according to the Star, has beer
fully graded ready for the rails from Navy Bay
gres Gatoon letter dated JAM T. from gen
teman connected with the Road to question
propounded that the Road will be completed to Gaoo
by LIST of July 1851 Gorgona by the LIST of January
1852 and Panama in 1853 Engines would be placed IT,
Road within months from the date of tho letter. Th
company have $50 employed, and expect 250 By
tof March he cof he from Ba,
atoon South b. eight degrees West From Catoon
follows tie river Gorgona, where and from
thence Panama about South by forty degrees East
From the San Francisco Herald of Jan. Is
During the two past but few incidents of genera
have occurred The Houses of Government which
Jose the 9th instant, have. yet, done it'll
beyond completing ae preparatory steps of their Legislative
career.
On the sth nst Coy Burnett rendered his resignation
the Executive Chief which accepted by the Hou
se and Lieut. Gov AcDougal took the oaths of Office in hi
stead The candidates for the Senatorshp
but it impossible predict who viii be the successful
Col Fremont will all probability make virtue of nccessi
ty withdraw repose his laures The election will
not take place for some days.
WILMINGTON Gas LIGHT CoMpANv.-The Act of tht
late General Assembly of North Carolina incorporating
the'' Wilmington Gas Light Company fixes the cap
ita at hdDdre and Fifty thousand dollars, shares
of fifty dollars. When twenty thousand dollar:
shall have been subscribed the charter secured Five
dollars per share 10 be paid at the time of subscE
hing Books 10 be opened under the direction o.
Messre. p. Dickinson, John A. Taylor, N N. Nix
mn A. J. DeRosset Jr, Thos H. Wright, Miles Cos
Tin. Edward Kidder and p NJ. Walker, or any three
or more of tlem st such places, either in the State
elsewhere, as they may determine for the purpose o.
receiving riptions-Chron'cfe
na@Jenny Linds first five concerts in New Orleans
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