Des Moines courier. ([Ottumwa] Iowa) 1848-1854, 1853-01-06
From the Missouri Republican.
.. California;.

The rage for speculation in Califarni,
is exhibited in recent events there. Oar
columns contain full accounts of The late
disastrous Tres IN the mos, prominent
Gowns in that State. We have been led
to publish them. and refer to them now,
because almost every body, either di
rectly or remotely, may be said to be in
,erested in the people there Sacramen.
tn is almost a Missouri town, ant San
Francisco has scarcely less representa-
tim. aud hence there will be a great ds-
sire to see who has suffered there. But
what is most worthy Of note nav is the
speculation to which the fire immediatelv
gave rise. and which is thus described.
in letter TO the n. Y. Tribune Of the
l5th: . .f.rs .-.-- -.
While the fire was raging. four or five
men chartered a steamboat and proceed
ed la this city with a view Of purchasing
aud mnn"polizing all The lumber here,
and all the provisions their money and
credit would enable them To secure -
They were landed in a small boat from
the steamer off North Beach, anu she
remained few m,lss out in the bay, re.
fusing To land any other passengers for
several hours. until these had time TO &C.
compish their unholy purpose. The
steamer then came I" her wharf, aud the
news OF the fire became public. Lum
her went up, IN their hands, To four hun
dred dollars thousand more than 800
per cent. Flour advanced to S45, Pork
10 S55aS60. and other provisions in pro
portlon. Goods TO the amount of sev-
eral millions of dollars have already
been shipped from this city to Sacra
II ento, aud the demand is We, brisk A
large number OF wooden buildings have
bren taken down here and sent To thai
city. Several hundred temporary build
ings have already been erected there.
bu. the rainy season is upon us, and il
must present melancholy scene of saf-
fering, sickness, and destItuu.n. God
help them!
But this was not all. A letter from
Diamond Springs daled The 6.h. says,
duced extraordinary excitement and &C
iivi,y IN the mining counties. Ruaners
left the ely before The fire was exlinguish
ed, with the view of buying in advance
of the news, all the lumber. shingles.
-four potatoes, &c., &C., To be found in
The mines. Their success, too. was
complete; but whether they will realiz.
as much profit as they Contemplate, Is
yet 10 be aeviied The present high
prices OF building materials and the al
most unlimited demand created by the
extraordinary effort of the ci,lzens OF
Sacramento TO rebuild their ruined CITY
have stimulated production To such an
extent that immense quantities of lum.
beI. shingles, shocks, &c., will find their
way to Sacramento IN the CO. rse of the
mex, six weeks. Thousands of men
were standing ready To take ,he first job
which offered. and they have gone to
work with will which will bring about
results astonishing to all natives Of the
valley.
The stage to day between this place
aud Sacramento PASSED not less than %
loads of lumber. shingles and shooks -
If building material. 90 on in other roads
as rapidly as they will on this for few
weeks, but liule difficulty will be exper.
fenced in obtaining all needed for sem
Porary purposes, and at fair prices. -
Every mill IN the county is probabl,
now engaged IN saving lumber for the
Sacramento market, and it will be haul
ed down as tast as il can be cut. Build
ing. too, in the mines will. for tune he
suspended. as materials, unrl Sacramen
tn Is supplied, will sell too high to per.
mlt much 10 be done there. also learn
that on all claims which have NJ. paid
well nn the river, the fumes are being
taken up and the lumber sent to The city
Even the farmers along the road are TAX.
ing down their fences, and hauling The
lumber To Market"
DEATH OF FANNY WRIGHr--Frances