Washington sentinel., 1855-03-20
Gelsgrapbie.
ARRIVAL OF THE NoRTHERN LIGHT
Important from California.

Important from CALIFORNIA;.
New YoRK, March 10.-The steamer Northern
Light arrived at Sandy Hook last evening, and
reached her dock, al little after ten this morning.
San Francisco dates Of the 27th were brought
down by the Uncle Sam. The Northern Light
brings two hundred and sixty passengers and
S92, 900 in specie.
Business was entirely prostrated, by the sus-
pension of five heavy banking houses. The news
Of the suspension Of the st. Louis house of Page
Il Bacon reached San Francisco on the l7h, aud
caused great run on the California firm. The
house met the rum and paid out half million. A
meeting of merchants and bankers was held which
declared the house, sound. This restored conf
but on the 22d, however, Page Bacon d Co. sns-
pended and were followed on the 23d by Adams
Il Co., Wells, Fargo & Co., Robinson & Co., and
Wright's Miners Deposite.
The excitement was intense Adams & Co.
closed all their branches, without paying dollar,
except in San Francisco, where on the 22d, they
stood run Of 100000. Wells, Fargo 81 Co.
closed in San Francisco but their country bran
ches paid as long as their coin lasted, and were
slM paying out, as fast as coin could be obtained
for dust and bars. The house had announced
that they would resume in San Francisco on the
Goth. II is feared that Adams Il Co. could not re-
sumo under sixty days, if at all. Page, Bacon G
Co. will probably resume in few days, depositors
having granted time on 100000. The assets Of
this house are large.
steamer until the 26th. II is rumored that there
are also heavy failures amongst the merchants in
San Fransisco, but Of these there are no confr-
nations.
Owing to the great scarcity of water but little
gold has been taken from the mines; but heavy
rains commenced on the 25th and still continued
when the steamer left.
There has been no election OF United States Sen.
ator, The joint convention adjourned sine do on
the 10TH The last vote stood SO to A.; those
voting In the minority were principally the friends
of DR.. Gwin.
The news from Kern river is Of an exciting
character: miners are said to be averaging from
ten to twenty dollars per day. Steamers are going
down crowded with passengers.
On the morning ofthe lsth the st. Charles Ho-
tel and Hilman's Hotel, at San Francisco, were
destroyed by fire. The loss is about fifty thousand
dollars.
In Nevada, sixteen houses were burned on the
10th, and in Stockton, twenty-five houses were
destroyed by fire on the 2lst
Indian troubles are on the increase; some ten
white men and about seventy Indians have been
killed.
The native Californans haveheld several meet
iDgs in San Francisco, preparatory to taking steps
TO emgrate 10 Sonora.
The Mariposa Gold Mining Company, Ia Lon
don concern,) has been sold by the sheriff.
Washington birthday was celebrated by the
firemen OF San Francisco, by parade and ap-
propriate ceremonies at the Metropolitan theatre.
Owing 10 the monetary difficulties caused by the
late suspensions, many ships recently arrived are
not dischargng their cargoes.
The steamers Oregon, from Panama, and the
Sierra Nevada, from San Juan, had arrived up.
The Oregon Legislature adjourned on the 1st of
February.
The Legislature of Washington has made
Olympia the capital Of that Territory.
A letter from Page, Bacon IL Co., states that
they would certainly resume business on The Isl
of March, in San Francisco, and in all their
branches.
The United States ship Portsmouth had arrived
al Tahta. All on board were well. She was soon
TO sail direct for the United States
Australian Sidney dates have also been
ceved 10 the 20th of December. A riot had
taken place at Ballarat, which resulted in con-
fict between the troops and the miners. Twelve
miners and twenty-five troopers had been killed
In Central America, Chomorro still trium-
phant having taken all the towns occupied by the
revolutionists, except Leon.
AT San Juan the people were anxiously looking
for Colonel Kinneys expedition. The British
steamer Devastation was in that harbor The
steamer Fulton left Jamaica on the Th-all we'll
San Francisco Markets.
Although business was very dull, the quotations
exhibit no material change in prices Haxall and
Gallego -four was selling at SIS. Coffee was firm
at 141@l5A for Rio. Adamantine candles GOA
621 cents per pound. Lard l4l@l5 cents. New
butter 45lG471 cents. Hams l9 cents Clear pork
q cents per pound.