The Liverpool Standard and General Commercial Advertiser. — 1850-08-06 (Liverpool, Merseyside, England)

CALIFORNIA.  From San Francisco, California, we have accounts to the 18th June, of a very important character, received at Panama, on the 6th ult.. hv the stp.m_.l,4, widen had on board £26,000 value of gold dust on freight. Another destructive conflagration had occurred at San Francisco, which destroyed property to the value of £1,000,000 sterling. New discoveries of gold had been made, and also in Oregon. The San Francisco Herald, of the Ist, says, " The news which will be conveyed to the United States by this steamer is of absorbing and painful interest. The disaster that has laid in ashes the most thriving and wealthy portion of our city is the most important item of intelligence. We rejoice to be able to state that the enterprise of our citizens, although it has received a severe check by the fire of Friday last, has, nevertheless, not succumbed. One hour and a half after the fire had been subdued we saw carpenters busily employed relaying the foundation of a building that had been torn down but two hours before; and various contracts to have buildings immediately erected had been even then concluded by some of those who suffered heavily by the fire, so indefatigable is the enterprise of our people. Artesian wells will be sunk, reservoirs constructed, and engine companies organised. " The intelligence from the mines is of such a nature as to prove that there will be a greater quantity of gold dug out this summer than ever before. We scarcely know which valley, the San Joaquin or the Sacramento, has sent out the richest specimens; but the gold comes from both regions in sufficient quantities to prove that there was but little extravagance in the assertion that the ore is inexhaustible. It has been found, too, as far north as Oregon, and as far south as the mountains near Los Angeles. There appears to be a ridge of gold bearing quartz running the whole length of the country, almost north and south. The ore has been found richer in the mountains of Los Angeles than even in the mines of Mariposa. We have seen large masses from both localities. As found in the former place, it will require the employment of science and machinery ; the one to direct operations, the other for grinding the rock ; and with these two agents engaged it will afford, from the immense quantity that exists, sufficient employment and compensation to three-fourths, at least, of all the superfluous labour of the United States.  " Business has been drooping for some time past in all our principal cities. In Stockton the merchants ascribe this depression, in some measure, to the operation of the law requiring foreigners to purchase licenses. The law was, as might be expected, extremely unpopular amongst that class of miners. Latterly they have become more reconciled to its operations, and have, in most instances, we believe, returned to their work. The law will become a nullity as soon as the act of Congress admitting California into the Union shall become officially known to our state authorities.  " The recent murder of Glanton's party by the Yumas, at the mouth of the Gila, has caused an order to issue for a detachment of United States troops to proceed to that point for the protection of emigrants, and for the punishment of the murderers. Captain Lyon has also proceeded to the head waters of the Sacramento to investigate the particulars of Captain Warner's murder in November last."