The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1855-03-20
TELEGRAPHIC : ] NEWS
ARRIVAL OF THE NORTHERN LIGHT

financial Crisis IN Caiiforaib-.Ns Elscf;on
ccndtor--More Trouble ruth the In.
dtaas--Ners from NE Saad.,ich islands
NEW YoRx. March Is.-The sfesmer Nor
thorn Light from California, is coming mr.
the naroor. She reached 8 indy Hook las,
evening. The news, in comm srcial poipl
Of view. is very important. II is announced
that the houses of Page. Bacon Il Co, Adams
GO. Wells, Fargo 4 Go Robinson i Co.
and Wrght's Miners Deposit, in California
have suspended payment. $500 -
when the steamer left, there was no pros
pect OF An election OF U. s. Senator.
lsEcosD DfspATcHl
The Northern Light brings San Francisco
dates to Feb. 18th. 900 passengers and SOC,
ooo IN specie. She connected with the stsa
mer Uncle Sam.
business In San Francisco was entirely
PROSTATE. owing to the suspension of five
banking houses. The news of Page, Bacon
Co.'S difficulty In the Atlantic States, reach
ed San francisco on the 10th, causing great
run on their house there, which. however,
was met, and liabilities amounting 10 half a
million were paid off. A meeting of mer-
eoants and bankers was held, when it was
declared that the house was sound This re,
stored confidence, and affairs wore better
aspect. Nevertheless, on the 22d, Page, Ba-
con q 20. suspended, and their suspension
was followed by that Of Adams 4 Co, Ro
binson 4 Co, and Wrights Miners Deposit.
The excitement that snsued was intense =
Adams Co. closed ali their branches with.
out paying dollar, except in San Franeisco,
where on the e2d they stood run of 5000.
600. Wells, Fargo & Co., closed their house
In San Francisco, but their country branch.
es paid as long IS the coin lasted, and were
stu paying as fast IS coin could he procured
in exchange for gold dust and bars This
house announced that they would resume in
San Francisco on the Goth; but it was feared
that Adams q Co. could not resume under
sixty days, If at all. Page, Bacon & Co.
would probably resume in o few DAYS, de.
sets. l.. IF - = - - 80 +
These large failures csusea the - dsts,,; an.
OF the steamer unit! the goth. There were
rnmors of hesvy failures among the rnsr-
chants. but nothing authentic - ~ !, :
owing TO the scarcity OF water, but little
geld had been taken from the rivers. Heavy
rains, however, commenced on the 25th
which continued when the steamer left. 70
-. .-iTHIRD DIsPATcHl 80. /
= The efforts to elect q Senator in California
were unsuccessful, and the joint Convention
adjourned sine die on the 10Th. when the vote
stood 90 to e. those voting, 10 the minority
being principally the friends Of Gwin
A letter from Page. Bacon & Co. states that
they would certainly resume business on the
LIST OF March In San Francisco and all their
branches 49, --s~ % Il y - "a Js-Eis' - !
Indian troubles were on the increase. En-.
gagements had taken place, resulting In the
death of some ten white men and about sew.
enty Indians. f. So @.a-a : ra 81
OREGON AND WARRINGTON rERRIroRY e.
The Oregon Legislature adjourned on the
lat of February. =e s-s
The Legislature of Washington had made
Olympia the capital of the territory
SANDWICH ISLANDS.
by this arrival we have, dates from the
Sandwich Islands to the Sd Of February, but
no news Of Importance.
~ -t AUSTRALIA. 1.E
Advices from Sydney, Australia, to the 9th
OF december, give an account of riot ut
Ballarat, which had commenced in certain
hostile demonstrations previously, and which
resulted in q conflict between the troops
and the miners. Twenty-Five of the troops
and twelve miners were killed.
CENTRAL AMERICA
Chomorro was still successful, having ia
ken all the towns occupied by the revolution
lists except Leon. At San Juan the people
were anxiously looking for the arrival of Kin
ney and his party. +
- SAN FRANCISCO MARKETS.
Although business was very dull, quota
tions exhibit no material change. Galleso
and Hsxall Flour s15.i Coffee firm at ii 2
Is l-2. Adamantins Candles 60 So l-2.
Lard IA l-2 a Is. New Butter As a AZ LIZ.
Hams 10. Clear Pork 81. q
Late and Interesting from Havana
NEW YORK March 19.-The steamer Ca
hawba has arrived, with Havana dates to
the 18th inst.
The cases of Pinto, Cadalzo and pinelo.
had been concluded by the military court,