The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1870-03-05
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s4rrRnAK MARrH s $50.

~Ad6th p io.O-
Iapstev,s Directory of the City ofsan Francisco, which has
r-cenfIy been published, contains sOre Interesting facts reat-
ing t. the trade AMI growth Of thai city The population Of
The city in September, 1860, Is estimated at 1IO-2SOi IN July,
Isss, it was 1850 by the FEDERAL Census Of ls6o ii was
sGsa5. Oi the number estimated this year. 5S,$O white
males over twenry-sue have their names recorded in this Di-
Tecrory white EnaI= over eighteen are estimated at @i@ooi
other whites. male and FINALE, 5000 ChineSe, s,OOOj e0lor-
Ell. 1850; ani slatiHs population, $500
The total ngmber % buiLIngs in san Francisco - given as
$500. azl q tsase, $50 were erected during the year past
The vaise q sach improvements for the year ending June 20,
lsss. VIZ upsauls Of S9OOO,OO and the cost Of street i'm
r~oseineu.., in addition, was s~llOo0.OoO. The bulk Of improve
vents S- the year were made south Of Market street The
vahte q real amt personal property in the city Is sIOGIIi,o9,
~ returned Gr the last GseaI year The rate Of taxation On
th.. fr state anI county purposes, is 50 % on every $50,
compared With which our tax Of one quarter Of one Per cent.
Cr % cents 90 each 500 ba mere tribe
AuEEIcaS ATLANTIC OCEAN srEANER--The Intena-
tf1uzI Steamship Company, 81 New YOrk, has closed contracts
with the builders nr two steamers, which are 10 Be construct
81 Immediately. and ae flI0Wed by two more They are TO
L. built ofir0u, to be 900 i~t long, anI GO feet beam, aud eapa-
bic Of .feanins across the Atlantic IN from seven TO nine days
The builders say they can make them rn p miles An hour in
smooth water, but this statement j. 70 be taken with q good
many grains % salt, as many in flet - one ct the steamships
could carry. The company IS IS American Ermatt0H- ami the
vessels ~Hi carry the American h5g, a very important feature
Il they can hep Up the entertainment for any length Of time.
The dsasfvautag-s q an American steamer COMPARED 10 a for
eira zoe are that the NV Line vdI b. unable % live uniess heavily
Subsidized By the Gov~rumsnt- tn. Postmaster General -
very anxious O. close out al the business with the foreisnInrs-
and in order % b 80 he promises the Dew steamers a nueho Of
The mails as h. can eouseieutousiy give them II they can
get vessels enough GA the line u make two DEPARTURES a week,
thew will have pretty 1e1iy all the mails that GO u EuTOp--
R,ursAB E.ENING~-The New York Herald q January
18Th zays tsaI tho net earnings % the Central Pacific Railroad
hr Issy. were sZsE,a5i of which s@s2s93 was net earnings
bes1re MAY !. Is53. anil s2,2i4,4s5 Nas the MT earnings since
rhe rar Wa csn4i-tzi- The 6Io~ins exhibits the fIetss
Before May l. After Nay l. For 1852
C.ros. earning ..-.SIyHG,Tt $i.4i26j2 $j549,5Jj
NJ Sges .a1as...:. isstS55 lib $3.50
The percentage % MT % gross earnings in the loeai business
b.f,rs NAY J. vas about - Per CENT on the whole business
since May !, about - pr cent? on the whole years business,
abSat A. Per cent This shows an extraordinary profit for the
nrt yerr's business of the road, which is tie property Of five
or ok sgntemen, who reside IN Sacramento Their Individual
share d profits vii be at least half thiiiou To each partner.
LocAL
That there IS FEELING d desp0ulsnry among business men,
created rn part by The last a!yices from san Francisco. anil in
part by the ur1s1HlI staguatiJn IN trade, there can be no
doubt but " are prepared u show that Do god reason for
il exists. That the san Francisco market for all foreign
stapL-. has become temporarily demoraIzel, there - no
doubt bat this IS sufficiently accounted Gr by the fact that
Congress inusnis to materially change the duties on some Of
the Ieainz imports In this suspense merchants throughout
the whole UmfeI States refuse % purchase largely and pay the
heavy duties nov chlrgal- The result i that the smallest
amount IS s1H that can possibly supply the trade, and, asa
consequence. general stagHaton ensues-
When thu duties are changed, prices viii settle dOEn on the
new basis which will be established. II the duty on sugar 5
reduced one cent a pound, the price in San Francisco will be
one cent n pound less, while the amount that the producer will
realize will b. the sImea as under The old duty. And 50 with all
other importariousi the reduction Of the duties will not change
the foreign value Of the article, but tend To increase it, by
stimulating an increased demand
The coming spring and summer promise TO bring Us n larger
than usual fleet Of whaLers and war yessels. OF the former
we may look 6r twenty five or thirty At least OF the latter,
there may be- expected some fourteen or more; One American
soon, one French in May, two Austrian in May or June, three
Russian gunboats in April or May, and the British Flying
Squadron Of seven ships due here in June. II all these arrive
and recruit here, as is now expected, the usual monOtony Of
the spring and summer trade viii be much changed.
In vew Of these facts, there is no good reason for any de-
Spondency, a. the prospect theah has never been better than
IL now Is Ia addition 10 wat we have mentioned, there is
every reason 20 believe that we shall be connected during the
summer by monthly steamers with Japan, Honskong, Sydney
anil MeiboUrue-whieh must tend TO impart increased activity
10 every branch Of domestic industry. Let no one therefore be
desp0ndeut-
The stock Of hardware belonging to the estate Of the late
". y. Laid, was s-d, in one entire lot, At public auction, On
Monday last, for $3.50 cash, to John w. Widdehed, who will
carry on the business hereafter AT the Old stand.
Business OF every kind has been very inactive the past week
OF two, aud the non-arivaI Of foreign mails seems TO have had
4 depressing effect This being without foreign mails for four
weeks after each steamers arrival, and then having two, three
or four mails arrive together, seems TO many TO offset the adj
vantages which steam usually secures The clipper Reed,
the bark Comet and the Idaho ought al to arrive between this
and Wednesday neSt-
The only movements in foreign shipping are the departure
On Saturday last OF the John Hancock and Jane n. FGIkin-
burg for san Francisco, and on Thursday, OF the brig AHHe
Porter Gr Micronesia, the eargoes Of which are given below.
coMMERcI4L TEM
The actual work on the East River Suspension bridge at
New York has cJulmcnrai,g ground having been broken at the
upper slip Of Fulton Ferry I
The Secretary Of the Treasury has directed the Assistant
Treasurer 1t New York TO sell n million Of gold each week in
February, and to purchase a million OF bonds each alternate
week
NEW YORK. January 25th-A report Is current that all the {
Of the Pacific Nail Company viii be Withdrawn, ex- f,
eept those on the China line. The effect has been a decline Of !
Pacific Mail T. SJI. and Ar advance on Central Pacific Rail- {
road bonds o. % bii- and Union Pacific 10 Sc
Texas has an area Of 2+5-256 square miles, n population Of
GO4-2I5, AMI a density Of - Inhabitants 10 the square mile. q
New York has ~ 900 square miles and 3IssO,OOO Inhabitants
PER square mile. $40 Massachusetts Is the msst '
ieusely settled % any STATE in the Union. IL has a population
&c 100000, an area % $500 square miles, and al average OF '
los Inhabitants % the square mile /
The NEW leg MACHINE-The new machine for the manu-
acturc Of ice. recently imported from New York by Messrs. I
Tubhs 4 60, % saH Francesca, has been put up, AMI all the n
machinery, with exception Of the bOier, is in place. IL Is now =
expectrd that the Company will Commence the manufacture OF q
.ce within about two weeks The machine, as at present put
the COMPANY soon expect % have three more freezers. each /:
rapable q manufacturing 1000 pounds per hour. The ice pro- J.
iuced by this pro es Is sail o. b. u superior quality, and can Z
BE- manufactured n less eust than the ice At present in use can
BE- deEvereL-1ra, Fell o
COPPER.-The substitution # iron for wood in ship-building
: one OF the CAUSES % the low prices Of copper, and Of the stop
page Of guTk IN the poorer copper mines Of Cornwall and Lake g
Superior. and I'm all those Of California The last are rich. but
fhey M ru remOt. frum market The Freight from Cgpper- &
lpohs 20 san Francisco exceeds that from here TO Swansea II
The iron ships are not COPper-bOtt0Hed, and the consumption
per, TOR protecting wooden ships against worms, was very large.
II We hal railroads from our chief port 10 COpperOpOls and u
buchanan Hollow, ~ couli export our ores at the present :,
prices. but without We may have To wait a long time before the v
consumption Of copper becomes Large enough % revive the &c n
iyity which prevailed in 1852 AMI Io53.-CGL. paper L
Ships Mails. I"