The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1855-03-28
LATE FROM CALIFORNIA.
New York, March 10

New York, March 10.
The steamer Northern Light, from
San Juan, arrived at 10 o'clock this
morning She brings seven days later
intelligence from California, nearly
three hundred passengers, and s92,OOO
in specie.
The joint convention of The Caiifor-
MIA legislature had adjourned sine die,
without electing United States SEN
ator.
Business was entirely Frustrated BY
the suspension of FIVE heavy banking
houses. The news Of the suspension
Of the st Louis house Of Page a Ba-
CON. reached San Francisco on the 18th,
and caused great run ON the Calilor.
MIA firm. The house met the run. and
paid out half million. A meeting Of
merchants aud bankers was held, which
declared the house sound. This re-
stored confidence, and affairs seemed
to wear better aspect ; but on the ODD.
however. Page. Bacon & Co. suspen.
ded, and were followed on the Esd BY
Adams & Co., Wells, Fargo & To-, Rob
inson & Co.. and Wrights Miners De-
! posiie.
The excitement was intense. Adj.
ans & Go. closed all their branches
without paying dollar, except IN San
Francisco. where on the 22d they stood
a run Of 100000. Wells, Fargo a.
Co. closed in San Francisco, but their
cnuntry branches paid as long as their
coin lasted, and were still paying out
as fast as coin could be obtain d for
dust aud bars. Tie house had an
nounced that they would resume in
San Francisco on the goth. Ii is fear
ed that Adams & Co. would not re-
sumo under sixty days, il at all. Page,
Bacon & Co. will probably resume in
a few DAYS, depositors having granted
time on s4OO,O0J The assets Of this
house are large.
u These failures causrd the detention
Of the steamer until the Goth. II Is
rumored that there are also heavy fail.
ures amongst the merchants in San
Francisco, but Of these there are nc
combinations.
A letter frnm Page, Bacon & Co
states that they would certainly resume
business on the lst Of March. in San
Francisco, in all their branches.
/ Owing TO the great scarcity Of water,
but little gold has becn tasen IRON the
mines but heavy rains commenced on
the 25th, aud still continued when the
steamer lett.
I The news from Keru river is Of an
exciting character; miners are said ID
be averaging from ten TO twenty dol
lars per day. Steamers are going
down crowded with passengers.
!, On the moming oi the 18th the st
Charles Hotel and llillman's llotel. Al
San Francisco, were destroyed by fire
The lnss is about $4,000.
IN Nevada sixteen houses were burn
, ed on the 10th, and IN Stockton TWEEN
,y-6ye houses were destroyed BY fir,
on the elst.
Indian troubles are on the increase
some ten white men and about seyent,
4 Indians have been killed.
The native Caliiornians have bel,
/. several meetings in san Francisco pre-
paratory to taking steps to emigrate I
: Sonora
o The Mariposa Gold Mining Compa
. ny ID London concernl has been sol
J. BY the sheriff,
Owing TO the momcntary diilicultic
caused BY the late suspensions. man
ships recently arrived are not diseharg
!. ing their cargoes.
: fRos ACCOMPLISHMENTS (Sit
) uey) dates have also been received
!, tie sO:h Uf December. A riot had Ia.
8 en- place nj Ballant, which resulted
!. a conflict between the troops aud q
. miners. Twelve miners aud twcnt,
!, two troops have been killed.
Il fRoM 0REGON.--'l'he Oregon lcgisli
ture adjourned on the lst Of Februar
% The legislature Of Washington HI
d made Olympia the capital Of the Tie
3. ritory.
e fRon CENTRAL AsEmca.--fn Centr
n America, Chomorro was still trump
ant. having taken all the TOWNS occt