The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-05-25

from Sacramento that ii is proposed to sks ava
BY wSss they are at nI Srssnt ensSsd 70 iss
open the schools which they preside Tn vs som
eighteen hpncred children win bs turned sdrft In So
| Colonel Walker and expedition had not yet allied
ars on foot. however, to give she We VIA
| speedy despatch.
| Financial Intelligence.
| lfrom the Alta California, MaylI
Inc demand for money not 70 meet as IL Sas su D.
hs sssa hays beeD considering tne character OF
1 nv ,ieoo ooEe curing The past week. and Esve
ced 10 extraordinary thiniipx-a sure iudcaton that
Up p rss ys 10 fact IL.
at present without cihcuity considering the fact that
at present at aoy time during pest two or three
years with the heavy product OF the minos presest
there should BE- scarcity OF gold here, aud can
hoard, and who engaged in utside speculatons-
the amount OF bullion the country a. present 10
iger thar ~ ever was before and should DO brought
The Mint 1t is stated will resume operations to.msr-
row. should such prove to DO the case, it will, of
course prove subject of sincere consratuaton amosg
al business parties; but at the same time cannot
ment the consre OF cold in Csiforna n -
not generally known but nevertheless the fact that
the principal private assay Office In. the country
Of coin to the country than the Untsd states Mint os
The highest point reached by the Mint has about
GOO per month in coin. The assay Office has, fer
weeks at time manufactured from 500 900 to $50, 900
per diem Every banker In the state viii acAnswlsdge
that but for the Assay Office the ancial crisis in this
State would have been proooged for weeks and weeks
To it the holders CT bullion had to look for coin aAd but
bankrupt The Mint here should be OF cspsoi.y 70
coin S. COO 0t0 per month. The Philadelphia estabsh
should be charged into Branch Mint bat the great
government mannfactory should be located in San
The Sea Bird brings us Intelligence from the Sand rich
ISLANDS OF another Meggs operation prsctced there IN
regard to whaemens drafts many which, aold during
far discovered is about $50 COO. Nwlll bs
remembered that the Alta California called attention
these operations two months Mr. Haight (of
Page, Bacon Co waited on us to day and assured
that ts only draft purchased that house. which
proved to have been forgery one of 80 o0o which il
The shipment to viii probably fall short Of
$50 0C0 in bullion although at the present moment
is difficult to determine how great it actually viii be.
The manifested treasure it shoud be borne in mind y
no means represents the amount Of exchange drAwn
,he East or the money remitted The baubers always
prefer rmtng paper as long they assured Of ta
value; ipasmuch as BY doing they both freight
and insurance. Thus government drafts cerfcates Of
eepost in New York Eastern bank checks &c, &C..
eagerly sought after here at premium Of 70 per
cent but the remittance them Goes not appear excspt
the boots OF the parties interested We are informed
by Messrs. Lucas Turner Co, that BY te-morrox'a
s;s1meF oe thsy Sr.'ts % re over OF such and
umounts !. Tho same manner
Important Contract with Mexico-The New
Steamer Port on the Pacific.
The recent contract between the Mex sovernnsnt
paDy by which tn port OF Manzaua s thrown open to
the steamers Of that line, likely to be the coon
tion of Mexico and California This port, Offering safe
to vessels Of the largest class situated in
trade Of Msnzanila has hitherto been extremely limited,
serving as seaport 70 GGims poRueus city IN sns %
LIE xico Guaia,ajara 1t is about three hundred miles
nearer to San Francisco than Acapulco.
The advantageous situation of Sanzaplls would give
1t superiority over all other ports in supply the pro
vrces Of Colma Mi.hoacan and Jali.co and above au
would export more quickly and at less cost the er
cbandise from Guacalajara and ths celebrated fair OF
San Juan del Rio, where hundred thousand Pee
pie The is twenty leagues west Of
Colma the capital OF the territory Of that name. Ex
ceptiDg earthquakes aud go'res with which nha-
bitants afflicted, there Ia nothing notable in Coma,
which contains sorne thirty thousand souls.
The great volcano OF Coam near By, Is 12oo0 feet
In height and ia yet In activity but sending forth only
cipders, smoke and ashes Another peak, With An
above mentioned summit 1t Is often covered with
snow and serves q magnificent landmark for the
finer.
BY tire treaty with the Mexican government the steam
Of the company and also those OF the late Indepcn
trance into the port With tn. right Of establishing csal
ane provision depot there which believe to be the
sbourds in hs tropical fruits and valuable trade WIN
doubtless at once start into life between Of our
fruit traecrs and the natives.
II ia said that large quantities OF specie have found
their way through Mapzauia Of late years. into the
hands OF English merchants the greater part Of which,
turned into new channel will now reach California.
San Frsncsco. with her present overstocied market,
might easily supply the popuous towns Of the interior
with manufactured and other goods.
The steamer CoYtes Captain Burns, the arst to
tale advantage of the treaty, which she did her
late trip through Nicaragua Csptsin Burns represents
the place to be healthy in the Anothec
thriving commercial about to be formed at
this snug little seaport whostarts the frst fruit rade
theref
The Mining Business.
(From the San Francisco Herald, April rs
From several gentlemen who have recently beea
through the INTERIOR and from a the journals In tie
mining districts, with exception, learn that
the miners prosperous and contented-
The rains been Of incaculablo service as
in every direction the miners, with full supply ok
water are busiy at work We are told that thsre Il
plenty OF gold dust Offering in the mining towns and that
the traders in high spirits. There complaint -
hard times with them further that the quartz
mnes becoming very profitable and that additions
ard improvements are being constantly made to the
| quartz crus ng establishments in operation.
hna haffar nniAratoad- scianca