Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1855-03-23
Later from California.
ARRIVAL OF THE
~
NORTHERN LIGHT
Nm NORk,INih.

NEW pshilttb
Steamer Northern Light arrived this
morning bringing San Francisco dates :,
Feb 29th. She brings as2 passengers
So, 900 IN gold dust,
The news Is highly important com.
nercially.
Buslues. was entirely Frustrated caus
ed b: the Suspension oil five banking
houses.
j, Fine news Of Messrs. Page & Bacon
Co, difficulties reached San Francisco
on the Eth, causing a great run on that
house. They net the run an1 nh ou'
half million I'll dollars.
4 meeting ri merchants and bankers
Was held, shn declared that the h~use
WAS SoGud. This restored confidence
and matters wore better aspect.
Ga the 23d, however, Page. Bacon
i Co, suspended payment, followed by
Adams & Co, Wells, Fargo & Co. Rub
inson s. Co., and Wrsh,'s Mn er'> De-
post. The excitement Was intense
Adams i Co., closed all their branches
without paying a dollar, except al San
Francisco, where on the 9th they stood
run OF S2o0, 600. Wells. Fargo 4
Co, closed in the cny, but their branches
IN the country paid as long as the c"ln
lasted and wer- stiIl paying as last a.
coin could be Obtained III exchange f,r
dust and bars. They announced thai
they would resume paymeu; in San Fran
CISCO OF the 26ih.
Ii was feared that Adams & Co, could
not resume payment a1iter sixty days, II
at alt. Page Bacon < Co., would prob.
ably resume paYH-r: in few days,
dero>itor> knr,ug granted Tine Oh 500.
100. 7hes assets were large
These heavE talls-es caused the deteu.
ton OF the ste srs~, I'll the 26th
RumoFs were eurren, Of heavy failure.
among ,he merchants, but We have moth
ing Authentic on this head.
Owing Ia the scarcity. Of water. 5ui
little guii had been ken from the mines
but heavy rains commenced falling OF
The 9th aud Continued when lie steam
er LETT.
There has been no election Il ! L. 5
Senator, the Jain: convention having al.
lnnrurd sint de on the 26;h. bv vote o
63 to ~ These voting in the ,nnori,,
were principally the trend. OF DR.. Gown
The new. from herr River j. OF IN ex
citing character. The miners are sail
10 be averaging from $500 $50 PEI
dav.
The steamers from San Pedro, th<
neare>, point oil disembarkinr for tn.
mines, are going doxn, crowded with pas
.engers.
Indian troubles appear 10 I've on the
Increase. Some 10 iiie men and Il bou,
10 Indians having been killed.
The Maripo>sa Gold Mining Company
a southern cuucern had been sold out by
the sheriff
Rodman Bsckus, indicted for the
murder OF Frederick Oldham, has beer
found guilty Oh nan.lanshier.
Wa.h!n- ,ou'> Birth Day was ceiebra,.
ed IN San Francisco by Flremeu'
parade, and appropriate ceremonies al
the Metropolitan Theatre.
Sidney date 10 Dec. Goth, have rc CHI
ed San FrahcIseo
The riot at Ballarat, growing au' ri
the mine tax ni which we previously ha1
the commence ment, resulted IN conflict
be,eewn the troops and the miners. in
which IL miners and - troops we're Kill.
ed.
In Central America, Chomoro still
succeeded, having taken ali the towns
occupied by the ievolutIonist. except
Leon
The Washington Legislature adjourn.
ed Feb. 10Th. It had made Ol,mpilia
the capital Of the territory.
A litter from the house Of Page, Ra.
con i Co. states tina; they wou.. certain
" .esuuse business on the j., OF jiarch
in San Francisco and q, all their bran.
che>.
At San Juan the people were ansiousIy
locking fsr Col Kinney aud his party
The British var steamer Devastation
and American brig Eastern Stale were in
port.
The United States steamer Fulton lef,
The 9Th fnr Jamaica. All well.
y, the San Francisco markets, although
business was very dull. quotations ex.
hbit rso material change. Gslleso and
Haxall ffmr sold at SIS per barrel.
Mes.rs Wells, Fargo Il Co , havepub-
J iished a card I'M. evening, setting forth
the solidmy OF the finn and declaring
that every engagement will he fully net.
Thei, business here goes on as usual.
A letter to the Herald. placed on
board the Uncle Sam, says as she Was
leaving. Adams & Co.. have made ar.
engagements with their creditors within
the last half hour to pay % cents on the
dollar in cash. and take as.ignee's paper
ior the balance. They will be going in
two weeks.
II is stated the house OF Adams & Co.
which ha. faxed is no longer connected
with the firm u tha,Aame in ihi. city.
War PoPERY STANDS UPox.-A well