Daily Davenport gazette. [volume] (Davenport, Iowa) 1854-1855, 1855-03-22
BY TEL E q X 4 L Ii.
LATER FROM CALIFORNIA GREAT FAIL
UIE;.


The Steamer Northern Light arrived Of
Sandy Hook list evening and reached her
dock tbs morning
rnary brought Gown 10 San Jaan By tn ia. !
sic sam. She brings 262 passengers and
S92 600 in gold dust.
Tha news is highly important Business
was entirely Frustrated by the suspen,i
Of five banking houses. The news OF Pase
& Bacons d faculties was received at San
Francisco on the 18th, caustrs great run
N tia, house They met the runaul paid
halt a million OF dollars. a meeting OF
merchants and bankers who drciured thel
house sound, ,es,ored confidence and teri
wards matters seemed 20 wear better ar
pect. On the ODD, however, Page, c1ni
! s. Co suspended, followed on the 23d byl
Adams & CO., Wells. Fargo, a. Co. Robin
son &, Co. and Wright's Miners Deposits
The excitement was intense. Adams "
Co. closed all their branches without pay
ling dollar except in San Francisco, where
on The 22d they stood run Of 5000
Owing tn the scarcity OF water, but httlel
gold had beed taken from the mines, buii
heavy rains commenced falling m the 10Th,
aud etill continued when tie steamer left.
No election Of United State. Senator
had taken n &c yet, tie confention having
adj .urned sine die on the 10Th by vote OF
so TO 4i-.hcse yotirg IN the minority
were principally thr frien Is or Mr. GHin.
Wells. Fa-go g. Co. closed, but their
country branches paid Us long as 'heis coin.
lasted, and were ssiil paying as fast as coin
could be Obtained in exchange for dust and
q
would resume in S IN Francisco on the 26th.
| .yos.-John Butterfeli, Vice President
! and Su,erinten ,ent Of the American Ex-
press Co., assures us that the suspension OF
/ Wells. Faro e. Co. in California, does not
effect the American Express Company n
/ any wy.
| II was feared that ADAMS & Co could not
resume under so days. il at all.
/ PAce, Blcon e. Co. would probably re-
sumo in a few days, depositors having grant
ed them tine on 100000. Their assets
W r. Ia e..
The hsavy failures caused the detention
OF the sieameruntlthc 26'h. RumorS were
current Of heavy failures among the mer-
Giants. Jnt we have nothing authentic on
ItAis lie d.
! The news from Kerr River is Of an cxci-
I ting character Tn miners are said Ia, ay-
erage twenty dollars per day. Steamers
for Peoro the nearest point for dIsembarka-
ton for the mtes we're z ing crowded "ith
! passenpers. On the ofh the ST. Charles
Hotel aud Hllman's Hotel in San Francis
co " ere stroyed by frf-loss $4,000 -
/ In n vada Is houses were destfoy2d " lire
on thr 18Th aud in Stockton 70 houses, AZ
soon the 2lst. indi4D troubles appear to
b on tha Increase smrn 10 white men
and about 40 In lians have been killed -
TIE Maraoosa gold N ning concern hal
on sued by the s etil'. Rodnin Bickus
linLi tod Ior the murder Of Fred. Odm n had
been found guilty OF mansl ugh,er. " ash
fiarton's biAthday WIS celebrated in San
+ F1ncsco By a fi-'m rs parade ana other
! ceremonies. Og.ug To tn IN 1mentdry dit
/ faul ies the recently arrived ships~ere not
discharged.
( RICHMOND NJ rch 20
! A terrible explosion took place in the
/ Meditation coal pits at Chestefi ld--I6l
! persons taken ont living and dead bodies
/ pro baby all will die. II is supposed 81
persons we're in the pit at the time, most oil
whom are doubt ess dead nrwill die.
Rochester, March 10.
| The body oil Emma Moore was louna 'hiel
| p. II. nnder The ice in the Mil Race by al
| boy who was getting water. The body
WIS identified by the ear jewelry and bon.i
let.
New York, March 10. !
Kissanc was to-day found guilty of for
gerry H. the third degree.
fire broke out at Weston, No, on the
night Of the 7ih, destroying nearly the en-
tire business part Of the town. The loss
is estimated - SG0o,non