The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1863-11-12
THE PACIFIC
Commercial Advertiser.
Letter from San Francisco
CFROM OUR OWN coRREsPoYDEs


(FRoM OUR OWN CORRESPONDENT
Young Hector
SAN FRANCISCO, Oct. 18th, 1868.
General News and Gossip.
The Herald Of The Morning cleared yesterday,
and Mr.. A. p. Everett, at Messrs. McRuer g. Mer-
rill's tells this morning that the Young Hector
gets of to-day. AS only a week has elapsed since
the sailing of the Comet and the TdnJore and Halle
Jackson, since that bur few events have occurred
which especially take the eye of o snapper-up for
island correspondence, yet such l have hear l
throw together in hurry for your readers peru
sal, that they may in due time be wise as | am
The Young Hector is commanded by my gay young
friend, Capt. Chadwick. never supposed that he
would leave US, but you must promise to keep
him, for what would we do up here without Captain
Z" Chad 2" We look upon him as a resident. for he
has voted the Union ticket, paid taxes, and is en-
rolled among citizens liable to be drafted. Apropos
Of voting look at the way elections have gone in
Pennsylvania and Ohio In the latter State Broughs'
majority over that beautiful Copperhead Vallandig-
ham is 100, 600. Copperheadism is gone under and
nothing but Unionism will go down with the
Northern people. News from the seat of shows
that Lee is advancing towards the Potomac, and
Meade retiring before him. Rosecrans is enrenched
at Chattanooga. Gold has been high as 81, but
last nights telegraph quotes it 153 with downward
look. fight is looked for between Lee and Meade.
the other free States. But il is all a conjecture
Read the telegraph news and draw your conclusions
Advance in Gold.
The BuliefiR of the 18th contains a lengthy article
the advance in gold, which meets my ideas upon
the subject. The causes in brief are these First
The increased demand for specie for export The
fine harvests Of Europe have led to a decrease Of
grain expectations. and with the falling of of mer-
chandise exports, imports are on the increase
owing to manufactures being crippled. These
facts call for increased remttances of treasure to
pay for them. These two causes alone sufficient
TO strengthen and elevate the price of gold. if the
market be left to IT'S natural and legitimate course.
Second, The protracted character of the Third
and another cause, for which quote the language of
the Bulletin follows:
But there is still another for the advance
sod which may at time be turned into for its
s a wnie N i,Gary @ 90 no, PROCESS
s arg amounts OF sPee are constantly being with
going into the National Treasury, where it lies The
raised greatly
payments doubtless some good
purpose in view to justify this boarding. forms the basis
for the financial straegy by which able Secretary OF the
Treasury has heretofore crushed specuatious gold
and left the price TO be regulated by the ordinary
Wall 81 rect again combine to put gold at
figures they the risk of finding the market
doubtless edrnC the market upaTs NOR r,piIy than
the circumstances warrant, may
their greed for gain allows them to anticipate
price god foresight relied upon
.ns the future The power OF Govenment can be made
ors and in influencing the natural laws of fnance but
ray influence The condition OF the export and import trade is
sufficient to warrant the conclusion that gold is likely to
:. nosr ,s. iii m nTevs,, @ $780,, @ s % ijHg ne e
cious metals SO high to interrupt commerce
Markets, Vessels, &c.
note no change in island produce in the market
since my last Sales OF Government Java by Jones
IS Bendixen. "a follows:
CorFEE16Oo bags od Government Java 100 TBS
- 81 aisle; 1000 do do, 136 ts y 20 "a
=9ic- trerms-3o, IS, 80 and 90 days-l
The remarks of the commercial reporter are these:
At auction Jones Beudixen sold largely of old Government
vel ~ Ths terms o. payment were eScesdiIgy liberal say
days although intrinsicay
superior Costa Rca Manila Rio yet the latter acknowl-
edged he she poorest the saabe of all prominent
jobber
OF 1000 bags Of Rio than he could OF 100 Java
operated adversely knowledge
p Sy @ i @ na ua~S 90 50 S o M 0 tOTo pf bs
port, and may be looked for a; any time
The high prices of Puu ruling here, brought 40
bales per steamer Sierra -NtUada last week from
Victoria No large transactions quoted in sugar.
syrup. salt. other island produce. % kegs sold
by Jones & Bendiren at auction Sc, and of
PrinceviIIe Plantation, Us kegs choice quality. at
11c 300 do. at 10c. OF vessels for your port. the
Tanjore sailed the 18th. the Herald of the Morn
ing is in the stream, the 4aHe Mary. (Eng) char
tered by Nessrs. C. A. Williams & Co load guano,
is here. and will be the arst vessel for your port.
The clipper brig -7dUaHce is also advertised for
Honolulu. The old packet Frances Palmer at last
in Valparaiso. having returned there
from the Falkland Islands with ." nary treasure
You Tecolect there was expedition fitted out last
spring TO go and seek for wealth buried there by
pirates in former days. The old story Of Capt.
X idd over again
The oil ex Abigail from the Arctic. is shipped
BY Lizzie Moses. and the bone per Constitution.
The Chapman Pirates.
The three gentlemen were found guilty and SEN
fenced yesterday. by the u s Circuit Court to pay
zach fine Of $4,000. and be imprisoned for 10
years. Their names are Greathouse. Harpeuding
and Rubery This sentance is final No other court
has jurisdiction it, and but the Presi-
deut can interfere with it. The Jury only
ten minutes Their leaving the seats at all only
formal, their minds we're made up, after the
Judges charges. Both Judge Field and Judge Hof-
man charged the Jury.
Men of War.
Another Russian man-of-war steamer arrived yes
terdsy. the Gaidamack. She was just in time for
her officers to attend ball last evening at Plstt's
Hall. given by the Spanish residents to Admiral Pin
zon, commander of the Spanish squadron Of the
Pacific, and the officers Of his feet Il was a gay
affair to Judge by the looks of things on the outside
when L passed there late in the evening. 1 met an
officer Of the Sqranac this morning. and he told me
that they had " bully time inside.
Personal.
The Hon. David L. Gregg has established himself
IN the law 8, Carson city, where the prospects Of able
legal gentemen Hattering. His family now