The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1859-06-02

JUNE !. 1sso-


WEDNESDAY. JUNE 1, 1859.
Wrsksve avna,.a .prs;,.
sA.,- ., 4. se pfoposeo
Of ~ m.,,-- . - 'ne 'e@ hature
ncn fAes U COINS fo make
L. k-,-- s0osnp>n'ed WIN Perpiexity and
d;rsr~n. S.a~n.w = esnefe. mere rs a mixed race talking
a. e-~n.Sg ~ "'el = CONSIST almost entirely Of
49, !" any cnange In is current valuation
would be attended with grea, vexation, and perhaps loss. in
"An le nauSes- the present state OF things, 1t is the
~eNP'eseneAnse /" . dollar that can be kept IN this kingdom.
~ in'foduetion of any other, such as te American or Mexican
eosAf' "ouh De oufs temporary. The inferior vslueof the French
coin = what prevents its export, and what n14ays keep II here
s0ions rs We continue TO recognize IL as -
The recent and decided action taken by the merchants and
bankers Of San Francisco on this subject Of coins, brings it he
fore our merchants, who must look At !. and. il necessary, take
such steps a. will meet the case Although our position Is an
ISOLATED one, We are more inema6esy connected With that nor,
han any other, and the basis Of the currency in the two port.
nnss eousorm With each other. There Is q constant stream Of
gold coin passing from one port to the other, and 1t is the inter.
ct q those Who send or receive il TO send such IS viii pay best.
TsUpnssDe e epin from skn Francisco 20 Houolulu. during the
aut qaarser q this year. are stated by . San Francisco paper to
be &&o.S4o and during lie latter half Of the year it is not un-
usual for IL 70 reach 500 900. ga go.
On Monday last, q meeting Of the Chamber Ct Commerce was
convened to consider this matter Of coin, and from the report
given in another column, it appears that that body has decid-
Cd 10 aker ne present current rates Of coins. This Is pro-
baby the wiser course. for IL 4. clear tn p~rrrive that, nm. ~
lion you'd have to be taken in the course Of a few months,
sbooA TIE innux Of European gold and silver continue 8 as to
form the bulk Of BUR currency, thus preventing the export of coin.
without loss, whenever necessary. We do not apprehend any diff
Guilty in the sunni silver coins, owing to the obstinacy of the ma
tives in not taking any but the xeil-known American. English,
Spanish or Mexe.n halves, quarters or eighths. Whoever
brings from San Francisco any quantity Of q counters other
than the above, to circulate here. win find that he has a job be-
fore him which he did not anticipate. II is in the gold coins
thar our merchants have been compelled to take action, and
az the standard uniform with the rates at which they are cur
rent in Sam Fraoei.co- -
The o. = Mint. at San Francisco, has begun the coinage OF
erfc Ire NJ nd nm D.. sLa EA ~ NJ 49,.
$4,000 Of that com had been issued Their value, as compared
YIN the American half dollars. Is 107 cents; but, like the Next
can SILVER dollars, they will not probably become a current coin,
nuf De held SIMPLY as an article Of merchandise for shipment to
NINA No INDIA Two late arrivals at San Francisco from MeAi-
- P@s,' Drought n less than sl-o'O'oOoi in Mexican silver dol
IN "n'ena " quoted a worth there 81 lot-
~ .d'ersisenent 1t Will be seen that a new line Of packets
- estAoushen between Boston and Honoiuiu,J T. sfaid-
- -, NssHs : uus port n mAke' 2 'hrd n Oh
rI-..& . w pore- oNins % Q oonpen''on'
ON u s''os taken IN o instances . $io per
"- n oarA no"exa'i fierce * line, cleared Il bos-
1 h'n''n'a' VIA lanih- me Had"9a would san
a same n'nla' port direct
Anumosf o. arrivals and departures have occurred during the
ms ass ~ mp .os'aA L q touched
below, On saturday, the clipper orio" arrived from Puget
Lbbey informed ms that this was the largest cargo Of lumber
-ssN ssr 8. SOUND BON nes vessels saied aaer a
On SUNDAY the bark F.sr arrived. bringing III. 7. $ mail
and a small freight, consisting mostly Of shingles. She has been
AID on Tor . return voyage to San Francisco, and win sail about
the Ion q !aa:. ns..r- H. H.elsd : Co, are her agents
eral xe.r .o ca,5~s ~ ~ W. -. II.
or four mouths She is a fun clipper and a very fas, saner.
:-.. . =: :hip ps.ss. our Ps domestic a ...., s.' although 10 the nsa p1se an ah in,
realize at San Francisco is nov very low.
The ane 'hip Ehsa 4 Ella sailed yesterday for Victoria, V.
s'" in Par'