The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1856-11-27

IL we nVlu tent 10 IS In anu IutSISSILHg NcttST IOL
our San Francisco correspondent, co which we give up the mos
of our space usually devoted to this department,
W SAN FRANCISCO CORRESPONDENCE.
[p The following letter was written to be forwarded by tn
ship onaeard, which touched of our port on the 18th, but wal
brought by the PalmerJ
san FRANc1sco, Oct. Both. 1856.
DEAR SIR:-Since the sailing of the Gladiator and Robin
HOOD, we have been without departures for your port. The
EHenita arrived Oct. Is, in 20 days. and the F. Palmer on the
18th, after a fine run of 10 days. w look for the Fanny Major
in about 10 days. The arrivals from New York since our last
have been:
q Romance of the Seas, Henry, i8
Kate Hooper, Jackson, 1872 " "
Our latest advices from Hong Kong are to Aug. 25th by bark
Ceres, which arrived here after a passage of 81 days. The sea-
son had been very wet, much of the country overfowed, and the
usual cry of damage to the rice crop.
FROM New YoRK.-We have dates to Oct. Q. We learn of the
continued depression in California freights. The vessel on the
berth in Sutton's Line has been forced to lay over, i. being i'm
possible to fill her on her sailing day, as advertised. This is said
to be the first time this has occurred in several years.
The election news, brought by this steamer gave great impetus
and encouragement to the Republican party. and it caused a
rapid advance in Fremont stock.
The ship Horatio is now loading for New York, in Moore 4
Foger's Line, and the Flying Cloud has been chartered to sue
coed her.
We have lately had a few showers, the forerunners of our
rainy season. The want of water is much felt in the mining dis
trnts, but the yield of gold continues heavy owing to the many
Improvements in working the claims. Shipments to New York
continue oUer two millions each steamer, or 4miHons per month.
Up to the present time the jobbers have had but little fall.
trade, and their sales are far below their expectations. The ia
Vorable news from the East, of cessation of shipments to this
port, has had the effect to add frmness to several staples and
holders evince less willingness to sell at ruling rates.
We quote the following as present rates now ruling:
C0FFEE-Marketf firm, Stock in jobbers' hands moderate.
Sales of y 1000 lbs Hawaiian Ia Il &c.
PULU-Upholsters well supplied from former importations.
Worth I24 c.
PRovIsIoNs- better feeling exists, with an increased de-
r.a-J g.. D-J-. e u ~ n
CHEEsE-Sales of 5000 tins 90 IA "a 14 c..
LARD-Held by Spectators, last sales in tins 24I "a 25k c.
SUGAR-Raw, has suffered a decline. Sales of No. 1 China
Os5c. Crushed in Bbls. Is C. Halves, 15a c.. The estimated stock
on hand is 1900 bbls., or 4 months consumption, and there is
on the way about 1000 bbls. or sufficient for one month more.
Holders in this article are very firm. The sugar refinery about
being started here is nearly completed, every thing necessary to
its completion being on the ground.
RICE-Sales of 6OO0 mats ex Comet, No. 2, China "a 81.
266e mats ex Ceres, "a 81. No 1, small
We have received by the last three arrivals from China 20
90 mats rice. Sales o..
POLAR oIL-None in first hands. Small parcels from second
hands sold at so 20 s. c. Also 1000 gals. refined 81 12I. Four
whale ships and four whaling briggs are due here during the COM
ing three months, which will doubtless fully supply our market
for home consumption.
sALT-Market we'll supplied with inferior qualities. Sales of
$50 tons China salt 20 Sc rs per ton.
C0AL-The cargo of Anthracite ex. Sch. q. L. CIinch from
New London, sold at SIS so per ton.
P0TATOES-SaIes to-day 500 sacks at q "a SC.
LUMBER-Trade brisk, Redwood Boards jobbing "a $50. Or
Kun liam tO ~ RCuNOOu SlLHENc SJDDDluS "a %.
TURPENTINE-Lot of 17 cases ex F. Palmer "a 3
POWDER-20O kegs blasting "a SIS.
WHISKEY-Sigh Improvement.
RAISINS-Nearly all controlled by one party. Good layer
81 90.
Since writing you the Commission House of G.. d. Post & Co.
have fled their petition on he 18th of Oct. for arelease from their
debts, by taking the benefit of the Bankrupt Act. In their sched-
ules the firms liabilities are set down at 1915 while their ind;-
vidual are $1,000. Their assets foot up at S63,OS9. About $40
600 of their liabilities is due to parties out ofthe City and State.
The house of g. b. Post & Co. has been the leading California
house in the Sandwich Islands business, in which it has been en-
gagged for the last six years. They were the first to establish a
regular line of mail packets between this port and Honolulu, and
concluded the first postal arrangement for the regular convey
ance of the mails, since which letters from New York have reach
ed Honolulu on an average Of little over 40 days. Their bust
ness with the Islands in past years has been very large, and also
profitable, and their present failure is not owing to any diminu-
ton in the resources Of the Hawaiian Islands. Their principal
losses are as follows, the past year:
Depreciation in vessels, S14S34 81
Z" and loss on real estate, 1864 6S
Loss on goods, shipments, &c, 1900 90
by bad debts, &C., $4,000 90
S5S,43S 90
of 25,o0o acres, ard another of 10000. The balance consists
principally in notes and open accits. G. b. Post retains a house
and lot for a homestead in this city.
The 9th of Nov. has been set by the Court to appoint a re-
ceiyer who will settle up the affairs of the house. Till then all
proceedings are stayed. Various opinions prevail regarding the
probable dividend, some have placed it at from so to 60 cts in I2
to Is months.
mail of Sept. 20, which has laid here since Oct IL, awaiting con-
veyance, bat as there is no certainty of his stopping, he declines
taking it.
The Frances Palmer win sail for your port on the 9th Nov.
and may take down our Presidential choice. The Poquero will
probably succeed her, but it is somewhat uncertain.
Yours very truly, G. W. b.