The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1865-04-22
Letter from san Francisco.
SAN Francisco, April 4. 1866.
Change in Honolulu Packets.
from our Correspondent. ]

Change IN Honolulu HacketS.
Since my last, the Yankee has sailed for Valpa-
raise, commanded by Captain William Stott, also
the Young Hector for the same place, commanded by
Captain Fuller. The Whistler leaves to-day. She
will be followed by the Ontcard oil Saturday next,
the 9Th instant. The ID. G. Murray will be ready
by the 10Th instant. and will probably sail on that
date. Messrs. J. c.. King & Co. dispatch the .Eer-
chairman in all this week for Hilo. My old friend,
Captain Chadwick, does not like the atmosphere Of
Montgomery street, and | rarely meet him. That
he may live a thousand years, or as much less as ne
desires. is my heartfelt wish. and that he may, any
way, SUI rvive to see the new Planters Line vigorous
even its infancy, equal to its Furnishing and ma
turer rivals, the Regular Dispatch and Hawaiian
Packet Lines, which will be in considerably less than
that time.
sandwich Islands Reciprocity Treaty.
The following extract is from the Washington cor
respondence Of the Sacramento Union
Seward, who is f~avorably inclined toward a con-
summation OF this treaty, has finally concluded to
lay it aside for the present, and has Informed j. X.
Mcbride, Of Oregon, who has been active in the mat
ter, that as the present time is not suspicious FOR the
completion of a treaty. he has passed it by until orr
own domestic concerns are somewhat more quiet"
A Steam Line with China.
By telegraph We received the intelligence some
time since, of the law passed by Congress inviting
the establishment Of n line of steamers between San
Francisco and China, and that the Hawaiian Islands
were included in the route. As you will no.
tice, the Law provides for the payment of $500, 900
per annum for ten years 10 a line Of steamships, Of
not less than three thousand tons burden, which
shall make monthly trips between the ports named.
The ships must be of the frs. class, and must be in
spected and approved by q naval constructor, ap-
pointed by the Navy Department, who shall report
to the Postm-aster-General The ships are now con-
tracted for, and will be ready for service within one
year. In connection with the foregoing, the follow
item. in reference to Pacific Mail Stock, occurs in
the New FORK ITibune'S money article of Feb. 1S:
Pacific Nail stock was quoted at 80, ex diyi-
dend, this morning, and at 329 in the afternoon.
This company is in a condition TO open at once q line
to China, under the iaW just passed by Congress
granting an annual subsidy Of $500 900. This line
has always been Iii orally managed, and has deserved
all its success. Its past history makes ii certain
that the China route, under its management, will
be a credit TO American commerce and a great ma
tional advantage. The new field upsn which it en-
tiers requires additional capital, and an amendment
TO its charter has been asked from the Legislature at
Albany TO carry out this object. New York mas a
controlling interest in the success Of the China line,
which will oblige Europe to turn much Gifts business
10 China via New York and San Francisco"
Hiatus in the Mails.
The Sacramento arrived yesterday from Panama,
but brought no Eastern mails. The mails tina.
should have left New York on the Sd, in conse-
quence Of the interruption occasioned BY the acci-
dent to the North Star at ASpinwall. did not lesve
until the 18th. Hence, the steamer following the
Sacramento will bring the accumulated mails Of
three weeks.
The great event in our financial circles. since the
sailing of the EIdridge. has been the fall in gold,
nlCl mas IOuc0eu a point IN new lUrA rs low as
IA, producing at the East quite a panic IN CONNER
mercial circles, and which has made more or less
implications here in our Eastern remittances. As
your merchants have undoubtedly purchased no
exchange unless payable in gold or its equivalent.
they will neither be gamers nor losers so far as the
exchange operations in themselves are concerned,
they will nevertheless feel more or less in its
other business bearings the vacillation Of cur legal
Speculation in legal tenders is rampant
here, and a rate lower than so cents TO the dollar is
rot looked for. The news received to.day Of the fall
2f Petersburg will not tend to allay the fever.
Personal.
Judge Allen and Mrs. Allen are in this city, en-
route 10 Honolulu. The mission 10 Washington with
which general report, substantiated by concurrent
circumstances, invested Mr.. Allen, remains for the
present in allegiance, and | have alluded elsewhere to
he comments Of the correspondents of the Sacramento
Union Oh the subject. The fact Is, Z" not 10 put too
inc a point upon it." that Uncle Sam derived from
customs duties, in 1864, on Hawaiian products,
.bout S400, 600, and, with the anticipated increase
# sugar duties, and the increased production and
.xport Of sugars for 1865, will this year derive a
evenue not much less than three quarters Of a mil
ion Of dollars, and does not, III the present state Of
lis exehequer, feel ike giving up 90 good a thing.
{ it was more on the principle o. the Portuguese
wsp. which, in the dOggere! Of the forcastle. Is
Change for change
Blsck dog for 4 monkey"
be reciprocity might bs now one Of Caleb Cusbiag's