The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-27
OUR SAN FRANCISCO CORRESPONDENTS.

our SAN FRANCISCO CORRESPONDENTS.
SAN FRANCISCO, July 20, 1854.
The Markets and Storag The Stock of
Propisions-Butter and Pork Sales-.a
Breakup Expected Money Market, &c.
The market overstocked with all kinds of
leading articles, merchandise, &c.
Stock Of -four, $50 900 bbls., and wheat enough
in the fields to make from 3O0,O0 to 400, 900
bbls.. estimated consumption, 35 900 bbis. per
month !; with three cargoes Chill on the
way. Any quantity in warehouse, worth when
landed $22 to s24, now, 81 SO to So; stor-
age, 81 to 81 so per ton per month, from ten
to fifteen months.
Sales at auction yesterday, of 5000 bbls.
Chilli, i'll one quarter and one-half sacks, al 81
67i to 81; been held about year. Cost S12
so to Sl4 when pu' IL store.
These are awful papers NO doubt the
holder has been paying three per cent per
month for money 60 hold the -four; or if not, he
could have received the same Interest monthly
ia advance, with A | security.
The stock OF butter, lard, pork, beef ham,
bacon, rice, hardware, &C., dc, Is tremendous.
Ihave seen 500 OF 60O packages Of butter, in
half barrels and hogsheads, sold at auction by
one house in O single day, at Sc so to SO,
which must have cest Sz2 to $25 at home
and held here all of from one to two years;
and they estimate To be now on baud from
thirty to forty thousand packages OF this kind
OF butter. know OF u lot OF frty hogsheads,
10000 lbs, for VIII CHI fifty eight cents was
refused for il on landing, eighteen months
since. Pretty commercial house that Add
the same remark applies all round the city.
They own large store houses, and what do they
care when the goods pay by storage! Some
must have an account to settle one OF these
days
Mess pork is dull at SIS; clear, sl9 good
hams, Sl2 to sl4 extra, Ice None but the best
quality will answer the market Mess beef sic
Large stock OF haIdwafe-enough for two years
waDts. Ames long handled shovels, Sl2 at the
East, sell here from - so to $40; short, 81 IS
to SIS; other good brands ut half these prices
Collins axes, genuine, $40 so. Any quantity
forced at auction every week; in fact, it is al
most the only way To sell goods here. Rents
are too high Good fiir-szed stores-twO sto-
ries. no cellars-rent for Eve to eight hundred
dollars per month Clerk hire, $3.50 to 5000
per month, DC, &c.
am satisfied there must be break up here,
which must affect great many Eastern houses.
No getting away from their fate. Who are the
victims y on must juoge.
Business is very dull Money, three to five
per cent per month The only ones making
money are the brokers, My goods are about
all closed, which is fortunate
The country is destined to grow to great
place, and San FraDci>cO is the only outlet
the only harbor for long distance up or down
the coast. Gold is in abundance; soil rich--an
KINDS of vegetables grow without any trouble,
almost should have said, without planting
for potatoes, wheat, &C., left in the ground in
me fall, spring up and produce the next asOn
The great want now is population to work
the mines and till the soil. Until this is ia the
State business canrot prosper. j.
SAN FRANCISCO, July 20, 1854.
Passages Of the Vessels-Roufe By the
Isthmus-The George Lap.
have taken the opportunity to write you
concerning the P. NJ Steamship Company line
OF steamers on the Pacific and Atlantic sides.
The steamers on this side are some of tho finest
steamers in the world for accommodation, speed
and comfort to passeng rs going to and coming
from the States TO California. We have the
Sonora, Capt. l.. Whiting, John L. Stephens,
Capt. Pierson, Golden Gate, Capt Watkins,
formerly of tho a.e...-shp eau Francisco, all able
and gentiemanly commanders, and well liked
by the travelling community. Their average
Iassage to and from Panama is about twelve
days; for the last three months they have out
slipped all the other lines, arriving in advance
from two to three days.
The route across the Isthmus of Panama is
pleasant and far preferred to the San Juan
route, having but eleven miles of mule travel
The agents at Panama are gentlemaDly and
courteous to passengers, and do all in their
power to add to their comfort. Passengers from
your city for the last four menths have arrived
here in twenty four days, all in good health
There has not been case of sickness from fever
to my knowledge, since my arrival.
Messrs, A. B. Forbes and W. j. Balcock the
agents here, are gentlemen of high standing in
this community. Their strict attention to the
wants and comforts of passengers forwarded by
them is highly spoken Of These steamers are
well supplied with provisions, and all the iuxu-
ries that California market can afford are
found ut the table. l would recommend this
route above al, others; having travelled the
Nicaragua Soute can speak from experience.
The steamer George Law, that brought me
TO Aspinwall, is fine steamer and we'll adapt
ed for the California trade. Her qualities as a
sea going vessel were well tested by gale in
the Cult stream, and she proved herself strong
and substantial sea boat: her commander is
every inch gentleman and sailor. Her
state rooms are large and commodious, and we'll
ventilated, her tables were supplied with the
very best. r. S.
EXTRACTS FROM A PRIVATE LETTER.
SAN Francisco, July 81, 1854.
The Democratic Convention at Sacramento
Progytss Of Kno,c .Nothing The Com
ing Eleefion-Spltfs in the Parfy-Cu6an
FSi'busferos-.4nneration Of the Sand,cieh
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