The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-13
SAN Francisco Markets.
From w. T. Coleman & Co. S Circular


From W. 7. Coleman & Co. s Circular.l
FINANCIAL.
There has been fair demand for money for the en-
suing steamer but unusual strngency obscr
vabie. On the other hand the moment Of writing the
market perhaps easier than the date Of last
renee. On good collateral the rates 25 per
Gold bars in demand at 900 par and the supply is
quite light. Dust, however, has been coming in rather
more freely Of late and the receipts thus far in August
are fully to those Of corresponding periods Of former
years
The following the operations of United States
Branch Mint, in this cy from LIST to 18th August, ncu-
Gold bullion receipts weight after melting ozs ~ o4o67
COINAGE
1od 1850 GOO
silver Ao9o
Total coinage. 1854 600
The exports treasure we're
Per j. /. stephens, TO N.York. 81, l0S, 1887 40
. TO TO F Fana%a i Issss 20 %
- $2l4e75 9s
Per Challenge to Hong Kong. ......... 10000 90
Total exports for August 10 date .. 81 o46 e75 90
Exported previously this year 2s1644 ss 81
Total, January to August 49, $50 All AGA IS
Corresponding period, 1858 20 433 ,593 90
Excess Of 1859 over 1858. .......... $977 81 as
The following were the imports of treasure
Per Santa Cruz, from Mazatan ............$ $50 1861
Per Golden Gate from Panama. Observation-Disclosures. 500
Total $50 s6l
In Mexican dollars there have been no transactions,
although there q fair demand The amount on sale is
small and they age held firmly at II per cent premium
The steamer santa Cruz disappointed expectation in bring
ing nnt some IN COIN the balance Of her treasure
being u bars; was anticipated that she would bring
mr rcc noni d"liAra hut the condition
Of the country had prevented its arrival the coast
and the probability now seems to be, that should ar
rive a, San Bias it will be Immediately shipped Eng
land by vessel Of war; and that other parcels will
be received at this port for months to The China
men are hence in Quandary as they are afraid to risk
the substitution of American dollars.
The amount Of money in the State treasury at the
mencement Of business, August Is, was $4l7 1896 a.
In tha hay IN
but little change has taken place during the fortnight A
few sales of City skies, Of 1858, made at &c. and
few shares Of California Steam Navigation stock sold
at 43c These constitute the the fort
night State bonds have been in demand at SIC. s2ac,
but without sales.
The redemption Of State bonds advertised for the 18th
inst, postponed until the ODD, owing to the absence
Of officials; Soc viii probably be the successful bid
REVIEW OF THE MARKET.
SAN FRANtIsco, August 1S-Evening
In certain descriptions Of goods moderately active
business has been transacted during the fortnight inter
vcning since the sailing Of the last mail Our refe
the Market under date Of the 3D. inst mentioned
recent heavy accessons to supplies, and general inds
gree of hbcraly Meanwhile arrivals EXCEPT from China
and the East Indies have been light, better demand
from the country has easued and there has been
responding disposition TO take goods from the hands Of
importers. In some articles slight Improvement in
prices TO be noted in others again holders have evnced
more frmness but to up all the changes that have
occurred state that they a check
to the downward tendency that market has evnced
for many months back than TO any positive Improvement
in prices.
There is still, great hesitation to whether the stand
that the market has been brought to be successfully
maintained has originated from several different cir
cumsances and the discontnuance Of the operation Of
either OF them would have unfavorabe elect. The
country demand has been the prmar& cause, and
cised the greatest influence. concerted action among
importers OF East India and China produce has noinaly
given the market for that class OF goods greater firm
and the former frequent sacrifices public sale
have temporarily ceased but transactions have at the
same time been almost entirely checked, and the move
in the quarter noted has not yet commanded the
Inn tprcO n
anc ports have pretty generally, understand, been
instructed TO hold their consignments for improved
market, and have laery shown less anxiety realize
Receipts Of additional supplies have been light and thus
variety Of causes have combined to produce slight
change for the better But Is obvious that have
immense surplus stock Of nearly all descriptions Of
chandse, that will require continued heavy demand
make way with while the market Is at all times at the
mercy of the disposition necessities of present holders
and receivers Of further supplies in expectancy Under
such circumstances buyers feel their ground very
tonsly and regulate their operations by their daily
sales without yielding 10 the temptation of the rule Of
rates much within the cost Of importation. Consump
ton is controlling the market, and not price.
There is strong feeling Of uneasincss among all parties
engaged in the trade as TO the that will be
shippers from domestic Atlantic ports. Apprehensons
entertained that the true condition Of affairs with
properly appreciated 1t feared that this market will
be granted the extent of required relief by the cessation of
shipments until something like fair proportion Of supply
and demand can be reinstaed In this connections we
have to make the suggestion that reduction Of the
Der Of cagoes in transit to this port will not establish the
fact that the goods that have come here have been
sumed. Our warehouses burthcned that the
proverba recklessness OF California speculation is de
TERED from venturng. And we do not at present
how the least encouragement 70 ship further be
rived by parties abroad. We repeat the remark used
our last fornighty review that there will be ample time
to take advantage Of healthy Market il Is inevitably
remote, while to forestall any Improvement will assuredy
tend " its defeat.
The arrivals during the fortnight have been the Chal
lenger, from New York; Mastf, from Hong Kong Black
Sea and Ammeslang, from Batavia; Lucy L. Hale from
Bangkok Aspasia, from Zodiac; Onward, from Mel.
bourne; and Fanny Major, from Carmen Island.
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THE SAN JUAN DIFFICULTY,