The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-11-08
Additional from California.
Nh TN TT cr,. 4, WIZ

Additional from California.
THE ACCIDENT TO THE STEAMER GOLDEN GATE.
From the Alta California Oct. IL.
The mail steamship Golden Gate which left this port
Monday 9th inst, FOR Panama, with 63S passengers
ing broken her shaft.
frank Lemon Esq one Of the passengers has politely
furnished US with the subjoncd particulars Of the acct
On Tuesday evening, about harpast II O'Clock, when
$50 mics below san Francisco the centre shaft broke,
thereby disabling the starboard engine and wheel Only
half Of revolution made before the engines were
stopped The following afternoon, at o'clock (having
riited thirty miles during the repairs every obstacle
removed, and the steamer was ON her way 10 San
Francisco.
board not than 100 that any accident
had occurred until the following morning 50 quiet so
orderly and systematically were all things conducted
that the passengers unanimously resolved 10 hold meet
ing testify their admiration OF the which the
commander had discharged his duties.
The meeting called 10 order by Mr.. Q. r. sutton,
who nominated Col s, W inge as chairman. Messrs.
Munser and Sunder were appointed secretaries
REVIEW OF COMMERCIAL AFFAIRS.
From the Alta California, Oct s.
Every subsequent that in which this city sprung
into commercial importance, it has been noticed that
reached lowest ebb during the month preceding
e % nu h rainy and m acr o his a
chronicle extreme quctude We can scarcely venture
say depression for the market at the present writing
in healthy, and with respect TO few leading articles,
perhaps in hopeful condition. while the accounts which
have recently reached from the other side relative to
decreased shipments warrant confidence in the future.
In the meantime number Of influences which will short
y be brought to bear the State at large and of most
favorable nature mpart steadess 70 the above deduc
tons-we aude to the rainy season just at hand which
will anew deveiope vast anrierons reseurces--the
opening up OF postal routes across tho Plains, and
the probabilities that from this time on, in tabular
statements OF population, we wili nave 10 record
the fact Of large additions by the land routes,
instead Of the simply stationary condition as rn, -, OF
potant feature OF prosperity during the past two
years As before stated with respect To trade wc have
particular features comment rs having trans
pred during the fortnight moderate degree OF activity
has ruled in the provision market and for some articles
which are by means in abundant supply, full rates
have obtained. aud advance is claimed by holders.
Extra clear bacon has been in demand and the stock Is
very light Hams also, at the close have changed hands
rather brsky Lard has been in steady request but IN
pork little has been done With respect 70 general gro
oeres about the usual business has been done In foreign
rice, regular rates; Carolina has also been sold To
moderate extent prices Tor both classes being wen sus
tanned when the fact is considered Of such heavy stocks
Sugars have been doing very WE'LL and raw sugars have
actually advanced This has been caused by the iact
Of scarcity in some Of tho ports on the South
American coast and the sending Of orders here
10 be filed for that destination. Crushed sugars
remain about the same and the refinery here has been
furnishing moderate supplies Of their various grades ~
required But little has been done in teas; few lots
have been furnished the obbcrs but sales
iaon have been effected. There has been no movement
coffee ut the time the inquiry has been regular
for consumption and Notwithstanding the heavy stocks,
prices fairly sustained Candles are doing no better
II in fact they doing well they did IN the
cedng fortnight low prices would seem Is TO be the
rule for a month to come. Domestic liquors are
exceedingly au aud Is difficult TO say even the no
minally low figures quoted could be obtained were
any large parcels Of brandy or whssey forced ON the
market.
With respco, to monetary affairs loans merchandise
securities little stringent this steamer than
they were owing TO made by parties here TO
largely possible 10 al home where
M last accouns California aid was very particularly need
a general thing however, there Is an abundance az
the usual rate or cent ON real estate, and 20
per cent on merchandise.
The receipts GOLD dust since the sailing OF the last
have been very light, owing 10 tho excessive
dryness o the AT the close the supply OF bars IL
very short, and they quotabe at 500 a s95 par
There Is nothing dong foreign coin. owing 10 the
scarcity Mexican dollars would readily command lo1s
per premium.
The stock market is very inactive and Of desirable
descriptions. tot of Slo 900 state warrants changed
hands Sales Navigation stock have been made
al our quotations. The list VIII be found corrected Dc
The Prices Current and Shipping Lit in the financial
many cmbarrassments under which the financial affairs
Of California have been placed cf which wer. i-e-
parable from her condition as an infant commonwealth
in despite az the rockiessness which has marked the
her legislators in the authorization OF an enor
nous Indebtedness 81 the dishonesty of os her
officials IN arprorriatng 10 Their own uses large sums o.
tho public revenue and tor al that Sho has been Tor tho
last years the receptacle Of all the tseiess mcr
chandse that could not be disposed Of In other quarors
but which has here been magcaily turned To gold W
give life and energy 70 the busncss affairs OF other coun
tries and for oil this, say, there unquestonabe
evidences around that her finances are improving,
gradually hut certainly and surely. and that the era Of
her disenhralment is not 80 far IA the distant future AZ
the depending at home aud the Ill advised abroad are 700
apt IA imagine. From the past people have learned
prudence and the pron, Of the beginning 10 mani
fest itself Rccklcssncss in trade Is becoming less oo
rervsbe and saving fact that goods purchased are 10
be- should be paid for, Is longer deemed unworthy
&c attention Some soctude about TIE asirntance OF
credit OF ts extent and duration Is beginning 70 DC en-
tertaned. The disposition Of goods, WITH implied
that they be- paid Tor at convenience,
has been many who have appeared 10 - DONG
lucrative business IN the nominal absence " credit
system have been aborng under the worst that could
have possibly devised SINCE what have been called
cash sales have meant at crtuights credit,
which Ia the majority Of cases runs u second steamer
day or steamer after that and onthe particular day
in some instances never arriving.
The United States Branch Mint statistics for the month
ef September are follows
Gold bullion received gross weight ozs lo2 lS2 80
Silver
corSAeE.
Vdiu.
Cod-Doublc eagles, % $4,000