Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1859-05-27
From California and the IStIlnus.
BUSINESS DEPRESSION AT SAN FRANc1sc

New York, May 26.-Steamer Moses Tay-
lor, from Aspinwall 18th, arrived this morn
ing, with California mails 80 May s. She
brings nearly two millions in treasure, and five
hundred passengers. Principal consignees =
Wells, Fargo, & Co., 100000; American Ex-
change Bank, 1927 900 w. T. Coleman, $780,
600; Duncan, Sherman, & Co., S126,O00 !;
Freeman & Co., $85000; Scholle Brothers,
@Nl7 900.
The francisco, Tuesday Ecenipg, May 3, 1859
occasion ~ revival i'll business which we had
of the 2Otb MICE at the sailing of the steamer
her departure and dnued for few days after
entertained for time me ,sanguine hopes were
trade was about being entereseli ac'lSe spring
sur III goods was noticeable, provis i "a nIlle
ing most attention, but in very shoat1t attract
tne inquiry from the country SensibIy dimi1iIl'e
lShed, and the city trade at once Withdrew
| from the market as purchasers.
throughout the greater portion of the fort
night now closing but very trifing business
has been transacted, and the stagnation in all
branches OF trade has been quite as great as
during the gloomiest and most unreasonable
portlons OF the winter months. Prices for
most leading staples were ruling so low. even
Turing the temporary animation alluded to.
that importers have not since seen fit to Offer
goods upon market that a44isnt4eed TO buyers
whatever, and the rates quoted for the last
steamer have mainly ruled as nominal, in the
meantime being sustained merely as asking
prices, with few inquiries, and affording little
indications of real maket values, had any at
tempts been made to realize.
The reason assigned for this unfavorable
condition of trade, is that the season is not on
ly. backward but that the heavy SHOWS Of the
past winter are yet blocking up the roads to
the mountain regions and most thiCkly settled
portions of the interior. We are advised of
great difficulties being still experienced in
transporting goods any distance into the back
country, and that double the usual rates of car
riage are required after reaching such points
as are accessible by navigation or main high
ways.
Exceeding stringency characterizes moneta-
ry affairs for the ensuing steamer, and on col
lateral the ruling rates are 2 a D per cent, lit
tie being obtained under the latter figure.
The rates on real estate are unchanged but
few transactions have TRANSFERRED.
Dust continues to come in slowly from the
interior, but the recent heavy rains can hardly
fail to facilitate mining operations, and we
may reasonably expect an early augmentation
in receipts. There is fair supply of gold bars,
but up to the moment of writing there have
been but few transactions
AN escort lett for 1eJOn the Esd ult., with
half a million in money to pay the troops in
Utah. 1t is said the soldiers in that territory
are nearly a year in arrears of pay and it has
leaked out through letter from one of these
TO comrade in Los Angeles, that as soon as
they are paid off they are going to desert.
Mr. Holden, Douglas Democrat, has been
elected Mayor Of Stockton.
AdviceS from Panama state that Mons Bel
ly has obtained from the Nicaraguan govern
ment the concession of the Nicaraguan transit
route, and he proposes, until his canal is finish
ed, to take passengers and goods across by the
old route. This grant, however, has yet to be
confirmed by Congress.
The village of Metachin, on the line of the
railroad, has been totally destroyed by an in
cendiary fire.
In Bogota, the state of Lantander continued
in state of revolution, and Col. Manguez had
defeated the radical forces. Bozaca is in a
critical position. Also, Canca where Gen.
Mosquera has just been elected Governor.
Later advices from Nicaragua indicate that
the Belly transit grant has not been ratified by
Congress.
The blockade of Quayaquil still continues
In Chill, Halo still held Copiapo and Co.
quimbo, but the government was concentrat-
ing all its troops against him.
There were disturbances in other parts of
the country, but Santiago and Valparaiso re-
manned quiet.