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Show THE CALIFORNIA CLOUD. At last hard limes have come upon Ban Francisco in earnest, and the great city, which only a year or two ago was tho prido and boast of America, Ameri-ca, has fallon from its wonderful prosperity to a condition o! financial and business depression which has hardly been experienced by any eastern east-ern city eiuci the great panic of 1873 set in. Singularly enough, just as the buainsu revival has eommouced in the east a pauiu has stricken tho Pacific coast, and especially its commercial com-mercial capital, which has already proved terribly disastrous to all busi-nees busi-nees interests, and carried thousands of once prosperous and waalthy men ta tha vory depths of poverty and despair. Th public journals have tried to stem the tide and keep up appearances ap-pearances for a long lime, but they hTQ at last besu forced to look their dark propcls iu tho face, and acknowledge ac-knowledge tho full extent of their disasters. The Alta California, in a recent minine revinw. unM- Wb are now visited by tho most serious seri-ous panic that evor swept over the stocl markot, and frum tbo sins viiible, it i fuarod that it will bo so destructive in itj courso that tho devastation and ruin wrought will bo beyond all prejont computation. com-putation. jNo one can now say where tliu is to end. Houses, supposed to be so solid that it wus boliuved nothina could movo their foundations, are ru-ported ru-ported in ombarassed conditions, and to ftUKuiont tho uoruw, banking hou-a arc call ins; in loans and lvfuso to ndvun upon stocks at any Inures, Alon.-y leaders demand other securities, and these which aro hypothecated aro beinK Bacritioed upon tiio prvaont dUnstrous matkt, or.co making call, upon tboir borrowers to lako thoiraharos up. Alonov is m great demand, and borrowers we rnoau those ia stock-arq ottering any rata of interest. To "bridgo thorn over'' tnoprosout diatresiing period, they aro willing to submit to any disouunt. Large blocks oi all slocks have been called out and thrown upon tho markot, and thi end duos not pp3r in sight. Never wis hero a more fignliul a.ito of ailairs and there now romaius only tho scp nnco ol tho situation with tho best gracj. Our uiinoi aro nut worked out, and in time wo wiU Und thoiu shares ,o deuresSd Taluuble.. There havo been no Rroftt changes m any of tho mines to SSa UiOio wonderful diUereucos iu price. ad it u tho whole result of Iho soaro wS hi seized upon iho pejple. IUI Kan ili,l S the fact that t-an iraucisco is lauormg under iq a,. cumulation of mistortunes ani di-a-to-s which aro bearing heavily uuon her" en-orsjies, en-orsjies, and taxing to tha utmost coa-cuy coa-cuy her pcop.c. The prostration of ox minmu,dU3trIca means the prostration of nil ner trade, so depnn dent i iho ulou the proiponty other minyi. Tho inoVi UDKiblo ovidecooofthi.is in her won-dortul won-dortul H(lvanc?motiftfc0 lasov.-n vow HrS 'VT WKi thl two argent bodies of ore ever o;.t..-.J udou the Comstock, producing more tha one-halt the entire yield of th,t 0To mce iu du.overy. The success of h discoTcrio. gav i,Uptfius lo the einlora .on ot that section oithe wunivnTii the mania lor possessing sharo""t)oeamo so great that to acoomuiwlato il-n M demands, the capital stock wis inen-a ) from thrwe f IwdL.y-f.Ui, nd every foot of land incorporated into seme incooora Hon and the .lock tW.t.J among the pooptoof thovait. Undoubtedly ih0 e was a grat iMUiion in s:ocks, and w aro now xpen.neing the eitccis of ovar-speculati ovar-speculati , whilo Uio reaUit has boon contrary to a!l expiations; yt tho lessons les-sons taught will not b.e fruitU'. nor lo-t ypoa of people, ' I |