The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-02-08
AMOUNT OF LION RECEIVED FROM JANUARY 1sT TO
H.
Total for the year. i,

October. Observation-Disclosures. none
Novemeer.. ............. SoVoo
Docemper.s .ss.s...s.ssss none
Total for the year. ................S 81 722 600
The largest proportion of this amount Of bullion
has been received from the Atlantic States though
no inconsiderable amount has found its way from
the old world-sent hither from both localities, for
the reason that in no country in the world does an
investment of money pay as well Securities are
ample, and the losses small, in comparison with
the flood Of disasters which sweep over other To-
calities Individuals, may be ruined by fire in an
hour but the money loaned at from three to ten per
cent per month interest, generally comes in but for
| small proportion Of the loss
| AS connected with the subject of currency, we
will here take occasion to say that in other
ton OF the globe are the generality Of bankers
more careful, Judlcious, and business like, than in
San Francisco. The rapid changes which are
| noted every day, necessarily compels them to
watch the course OF events with a careful regard
for their own interests; and the exceptions to the
general classification for integrity and business ca
paciy, are but few. IL is but a short time since
most OF them, in San Francisco particularly, passed
through panic that would have shaken the COM
me1cial circles OF other cities to their centre; and
all but one or two came out unscathcd, meeting
every demand upon them promptly, and to the last
dollar.
The names Of the principal bankers OF San Fran
cisco are as follows:-
Burgoyne Co, Montgomery street.
+. Argent & Co., Montgomery street.
Bolton, Barron Co., do.
Il. Il. Dunbar, do.
T. j. Talent Co. corner of Clay and Montgomery.
w. Young, W ashington street
1he following houses represent parties else'
where:
b. Davidson, represents the Rothchilds London.
Wells Co.. represent Willis Co., Boston AMI Drew,
Robinson Co., New York.
Page Bacon Il Co, represent Page Il Bacon, st.
JsIaes King ofwinian, represents cOrooran Riggs,
Washington, d. G..
S. Beebes LUDLOW, represents Bsebee Ludlow & Co.,
Godearoy, sillem & Co. represent j. G. Goaefroy &
Co., Hamburg.
In addition to the above, there are other smaller
operators, whom il would not perhaps be proper to
classify amongst the leading bankers of the city,
their transactions being mainly confined to the pur
chase and sale of gold dust, and do not do legt-
mate banking business.
For the time included in the penod for which all
our statistics have been made up, viz the twelve
moHths past, there has entered our karbor, from
all foreign ports, ,743 vessels. During the same
period, the number OF vessels which cleared was
l,46l. The vessels arriving have landed upon
our shores, 81, 333 males, and |, 2iS females The
number which have left by sail vessels and steam
ers, during the same time, was q, 795 males and
females.
commerce and navigation, for the fiscal year end
ing June 80 1919 shows the number of clearances
from the port of New York TO have been little more
than twice that of SanFraucsco for the year ending
Dec 81 1850 and the number of arrivals at that port
The same periods conpared--to have been 2OS lees
than twice the amount. AZ compared with New
Orleans, the difference in favor OF San Francisco
IL, in clearances, $50, and IN arrivals 6i5. When
the comparison is made with Philadelphia, We fad
the difference still greater in favor of San Francis
co, being in clearances 922, and in arrivals 1877.
The same would be the result were the compiri-
son made with any of the sea ports in the United
States.
The total value of merchandise received by TO-
reign vessels. from Nov 81, lSio, to Sept 80 $50,
was 1851 ,"62 %. The tonnage of the vessels
was Isl, COL.
The total value OF merchandise received during
the same period, in domestic vessels, was $751;
275 10. The tonnage of the vessels, $3.50.
IL has been frequently asserted by persons unac-
quanted with the facts, that California has import
ed more goods, and contracted larger aggregate
of debt elsewhere, than her shipments OF gold dust
would ray for. To show the error in this state
ment, comparison of the figures above need only
be made. The total value Of all the merchandise
received here, Of every nature and description,
from foreign and domestic ports, from Nov. II,
lsi9, to Sept 80 1850, was 81, 1855 PSI rs. BY re-
ference TO the table OF gold shipments in this
Gle, il will be that the aggregate sent forward
during either of two months in the year, was more
than enough TO wipe out the entire debt incurred
on account OF Cal,iornia Tor merchandise.
ship, in the trade between thus port and Panama,
entered the " Golden Gate" With what demon.
STATIONS OF rejoicngs the staunch old vessel,
California, received, may well be imagined. In
less than twenty-five months from that date, we
find the following noble steamers traversing The
waters OF the Pacific, arriving and departing with
the regularity OF a train OF cars upon a New lag
land railroad -
PAclrIc MAIL STEAMSHIP COMPANY LIVE.
California, Unicorn, sarah sands,
Panama, Oregon, Carolins.
Tennessee, Eortherner,
LAWS LINZ % PActrIc STEAMERS.
Columbus, Isthmus, Antelope.
In addition TO these, belonging to the regular
lines, are the steamers New Orleans, Ecuador, and
Constitution, which have been engaged in the Pa
mama trade, and also the Gold Hunter and the Sea
Gull, which have recently been upon the route be-
tween this port and Oregon. The number OF
steamers running between this port and Panama Is
greater than the number employed in the trade be-
tween New York and Liverpool and New York
and Havre, combined.
One year ago last October-hfteen months ago
the first steamer, the Senator, designed for the
rver trade, arrived in port. Previous to that time
the transit Of the river TO the ports above had been
by means Of small sail craft, Occupying some days
in journey that IS now made by many OF the ves-
sells named below, in from seven 10 ten hours.
There are now employed in the river trade the fol-
lowing steamers -