1119. National Gold Bank & Trust Company (San Francisco, CA)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
1994
Charter Number
1994
Start Date
August 26, 1875
Location
San Francisco, California (37.780, -122.419)

Metadata

Model
gpt-5-mini
Short Digest
813b7d92

Response Measures

Accommodated withdrawals, Borrowed from banks or large institutions, Full suspension, Books examined

Other: Bank ultimately went into voluntary liquidation under the National Bank Act; later reports imply eventual settlement of depositors and plans to resume under reduced capital (resumption attempt in 1876).

Description

Multiple newspaper dispatches report runs on the National Gold Bank & Trust Company in Aug 1875 (after the Bank of California suspension) and again Oct 31, 1875. The bank later suspended/closed in early November 1875 and shortly thereafter was reported to have gone into voluntary liquidation under the National Bank Act. Thus the sequence is runs → suspension → closure (voluntary liquidation). Some later articles (1876) mention plans to resume under altered arrangements, but contemporaneous Nov. dispatches indicate voluntary liquidation/closure.

Events (6)

1. June 3, 1872 Chartered
Source
historical_nic
2. August 26, 1875 Run
Cause
Local Banks
Cause Details
Run triggered by the suspension/failure of the Bank of California on Aug 26, 1875; heavy withdrawals drained coin.
Measures
Continued paying until closing hour; asserted ability to settle in coin or bonds; gathered coin and sought remittances from correspondents.
Newspaper Excerpt
A run was made on the National Gold Bank and Trust Company, but the bank continued paying until the closing hour, and asserted its ability to settle all demands either in coin or bonds.
Source
newspapers
3. October 31, 1875 Run
Cause
Rumor Or Misinformation
Cause Details
Contemporaneous reports state officers 'know no cause' and suggest the run may have been started by private malice or rumor; also mentions the bank was short of coin.
Measures
Continued to transact business until closing hour; gathered coin and arranged redemptions and remittances to meet demands.
Newspaper Excerpt
There was a run on the National Gold Bank and Trust Company this afternoon. The bank continued business till the usual hour of closing. The officers know no cause for the run. The run may have been started to gratify private malice.
Source
newspapers
4. November 2, 1875 Suspension
Cause
Voluntary Liquidation
Cause Details
Newspaper dispatches (early November) report the bank suspended and the Controller of the Currency received a telegram that it 'has gone into voluntary liquidation under the provisions of the National Bank act.'
Newspaper Excerpt
The National Gold Bank and Trust Company, of San Francisco, suspended yesterday. An early resumption is promised.
Source
newspapers
5. November 3, 1875 Other
Newspaper Excerpt
The Controller of the Currency telegraphed to Dr. Linderman ... to examine into affairs of the National Gold Bank and Trust Company; reports show concern to be in good condition and as soon as gold can be obtained the bank can and will resume.
Source
newspapers
6. September 1, 1879 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (25)

Article from Evening Star, August 27, 1875

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Failure of the Bank of California. $1,400,000 PAID OUT YESTERDAY-GREA T EXCITEMENT IN CALIFORNIA. The Bank of California. in San Francisco stopped paying checks at a quarter to three o'clock yesterday. In an interview 0 ith Mr. Raiston. the president of the bank, be says the bank has sufficient assets to meet all its liabilities, and no one will lose anything, but at present there is no coin with which to transact business. At 5 p. m. representa. tives of the press met in the president's offi of the bank, when a written statement was read to the effect that the trustees were under the painful necessity of stating to the customers of the bank and the public that the bank was compelled to suspend business, and without reports from agencies they were not prepared to make a statement as to the situation of the bank, but are now examin. ing the interest critically, and will at the earliest possible moment make a definite report. President Ralston stated orally that on his own responsibility and that of the officers of the bank. no doubt they would be able to meet all obligations. In reply to a question when they expected to open again, he said, not at all, and subsequently on a repetition of the question said, "We do not expect to resume." Raiston further stated that about $1,400,000 had been paid out yesterday. No assistance was received from other banks, though application made for it had been telegraphed to all the agencies of the bank to close. He thought no banks in the interior would be affected by the failure. The excitement in California is intense. The street was blocked during the afternoon. The crowd, on the whole, was quiet and good natured, and much confidence was expressed in the ability of the bank to redeem its obliga. tions. A run was made on the National Gold Bank and Trust Company, but the bank continued pay ing until the closing hour, and asserted its ability to settle all demands either in coin or bonds. Other banks in the city report 10 unusual demands on their resources. San Francisco and Pacific stock exchanges held no sessions yesterday afternoon. adjourning to call, and the former passed a resolution forbidding members todo business in interim. The late hour at which the suspension of the bank occurred renders it difficult to calculate the effect on other financial interests at present.


Article from Nashville Union and American, August 27, 1875

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SAN FRANCISCO. Suspension of the Bank of California. SAN FRANCISCO, Aug. 26.-The Bank of California stopped paying checks at a quarter to three. An interview with Ralston says the bank has sufficient assetts to meet all liabilities, and no one will lose anything, but at present there is no coin with which to transact business. A meeting has been appointed with the representatives at 5 P.M., when more particulars will be given. At 5 P. M., representatives of the press met in Presidents office of the Bank of California. The following written statement was read: Office Bank of California, Aug. 26, 1875.-The trustees are under the painful necessity of stating to customers of the bank and public that the bank is compelled to suspend business at this moment, and without reports from agencies. are not prepared to make a statement as to the situation of the bank; but are now examining their interests critically, and will at the earliest possible moment make a definite report. By order of Trustee, S.F. RANKIN, Secretary. President Ralston stated orally that on his own responsibility and that of officers, no doubt they would be able to meet all oblgations. It reply to the question when the would open again he said, "Not at all," and subsequently on repeating the question said, "We do not expect to resume," and further said about $1,400,000 were paid out to-day. No assistance received from other banks, though application was made for it. They had telegraphed all other agents to close. He thought no banks in the interior would be effected by the failure, except on California street. The street was blocked during the evening. The crowd was quiet, and much confidence is expressed in the ability of the bank toredeem its obligations. A run was made on the National Gold Bank and Trust Company, bat the bank continued paying until the closing hour, and asserted its ability to settle all demands in coin or bonds. All other banks in the city report no unusual demands on their resources. San Francisco and Pacific Stock Exchanges held no sessions this afternoon.


Article from Gold Hill Daily News, August 27, 1875

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THE SUSPENSION OF THE BANK OF CALIFORNIA. The gloomy outlook and menacing rumors of the past few days culminated yesterday in the suspension-it is hopeful temporarily-of the largest and most powerful banking corporation on this coast. The news came like a clap of thunder from a clear sky, for among all evil prognostications, none had prophesied so dire a calamity. Following is the official announcement of the suspension as published by direction of the Board of Trustees: SAN FRANCISCO, August 28, 1875. s. J. Ralston, Agent, Virginia: After a severe run, as advised, we had to close doors. You will be careful to have everything done possible to preserve assets and make collections. The Trustees order the following published in the morning papers: OFFICE BANK CALIFORNIA, s August 26, 1875. The Trustees are under the painful necessity of stating to the creditors of the Bank of California and to the public that the Bank has been compelled to suspend business at this moment of excitement. They are now examining into its affairs critically, and will at the earliest possible moment make a definite report. By order of the Trustees. S. FRANKLIN, Secretary. Which you will also have done. In the meantime, I feel assured that the assets are ample to pay all liabilities. W. C. RALSTON, President. From the above and other attainable information it is apparent that the suspension of the Bank has been due to an unusual and excessive drain upon its coin assets, and that resumption must depend upon its ability to realize coin sufficient to meet probable future demands. We have every reason to believe that the Bank of California is possessed of sufficient assets to meet every dollar of its obligations, and confident that it will do NO within a very short period. The effect of the suspension will, unless stayed by the united banking capital of the coast, be widespread and disastrous, involving suffering and financial ruin to thousands. Its immediate result, combined with the attending excitement consequent thereon, has been to adjourn the San Francisco Stock Board sine die, to render it expedient for trustees of all savings banks to require the legal period of notice before withdrawal of deposits, and to temporarily suspend the National Gold Bank and Trust Company in San Francisco. This virtually amounts to the suspension of all these institutions. It is said that large sums of coin are stored in the vaults of savings institutions and other depositories in San Francisco, available on demand of those who have so placed them, to create the stringency which has resulted in the suspension of these banks. This being the case, relief may be afforded today, and the torrent of financial disaster bridged over. The only thing to do is to keep up courage and wait. The resources of the Pacific Coast are such, that long continued financial stress is impossible, and if the banks of the coast shall weather the gale, we may look forward to a prosperous future. Let us unite in the accommodations within our power, both to each other and the public generally.


Article from The Cheyenne Daily Leader, August 28, 1875

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SATURDAY, AUGUST 28. 1875. The following account is given in our dispatches, of the suspension of the Bank of California on Thursday, the 26th, inst: At five o'clock this afternoon representatives of the press met in the office of the President of the Bank of California, and the following written statement WPS read: The trustees are under the painful necessity of stating to the customers of the bank and to the public that the bank is compelled to suspend business at this moment, and without reports from its agencies, a e not prepared to make any statement as to the situation f the bank, but are now examining its interest critically, and will, at the earliest possible moment, make a definite report. Signed, S. Frankin, Secretary. President Ralston stated orally, that on his own responsibility and that of the officers of the bank, that he had no doubt but what they would be able to meet all obligations. In reply to the question as to when they expected to open again, he said "Not at all." Subsequently, on a repetition of the question, he said, "we do not expect to resume." Ralston fu:ther stated that about one million, four hundred thousand dollars had been paid out to-day and no assistance had been received from other banks, although application had been made for it; he had telegraphed to all the agencies of the bank to close; and he thought no banks in the interior would be effected by the failure. The excitement on California street was intense, and the street was blocked during the evening. The erowd on the whole are quiet and good natured, and much confidence is expressed in the ability of the bank to redeem its obligations. A run was made on the National Gold Bank and Trust Company, but the bank continued paying until the elosing hour, and asserted its ability to settle all demands in coin or bonds. The other banks in the city report no unusual demands on their resources.


Article from New-York Tribune, August 30, 1875

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ENTIRE SOLVENCY OF THE NATIONAL GOLD BANK. A VOTE TO LOAN $1,000,000 IN COIN TO RESUME OPERATIONS UPON. SAN FRANCISCO, Aug. 29.-The National Gold Bank and Trust Company to-day anthorized the President and Cashier to borrow $1,000,000 in coin on the real estate and securities of the institution. The bank is in excellent condition. If it were to go into liquidation it could pay the stockholders a handsome premium after paying deposits in full. The bank will not open for business for several days yet. CONFIDENCE FELT IN THE BANK AT WASHINGTON WASHINGTON, Aug. 29.-The Controller of the Currency telegraphed to Dr. Linderman, Director of the United States Mint, who is now at San Francisco, requesting him to examine into affairs of the National Gold Bank and Trust Company, which closed its doors in consequence of inability to meet demands made upon it during the financial panic. A careful examination of the accounts, reports, etc., made by the bank to the Treasury Department, show the concern to be in good condition, and warrant the belief of officials that it is entirely solvent, and, as represented by the managers, that its assets are more than equal to its liabilities, and that as seon as gold can be obtained to meet its demands the bank can and will resume. From present indications, there is but slight probability that the bank will go into liquidation, as there appears to be no good ground for protesting any of its notes.


Article from Eureka Daily Sentinel, September 1, 1875

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private telegram received from Boston this morning gives the liabilities of the senior firm at $1,000,000, but Mills, and other prominent publishers, who are well informed in regard to the business of the house, say the sum involved will not exceed $330,000, and that they will probably be able to pay 50 cents on the dollar. The World, editorially, is very severe on the Directors of the Bank of California in the absence of specific facts, and condemns their summary dismissal of Ralston as harsh and impolitic. It holds the directors more responsible than the manager to private depositors, and that they owe to themselves a prompt and full statement before the tide of adverse opinion strengthens. The Treasury has transferred to San Francisco by telegraph $1,401,000 in gold, since the failure of the Bank of California, for the benefit of nine of ten different bankers, who have deposited with the Sub-Treasury at New York. The Treasury declines to make further transfers at present. Judge Brady, of the Suprme Court, to day, at the suit of Nathaniel B. Hoyt, issued an attachment against the property in this State of the Bank of California, to recover $15,000 deposited with said bank. It is thought that at least forty thousand pounds, and Γoport says sixty thousand pounds, of bills of the bank of California were sold here the week before the failure, and could not have reached London for presentation for acceptance before the failure was known by cable. Thr Gold Bank and Trast Company. WASHINGTON, Aug. 30. The National Bank Examiner for the Pacific Coast has been directed by the Controller of Currency to examine into the affairs of the National Gold Bank and Trust Company, of San Francisco. Sad Accident. BOSTON, Aug. 30. Yesterday, at Hopkinston, a boy named Morris Ryan, aged 16, started down stairs with a loaded gun, intending to shoot a cat, when his sister Mary, aged 15, who desired to save the cat's life, caught her brother by the shoulder to pull him back; at thesame time two other sisters, younger than Mary, came to the head of the stairs, In the scuffle between Morris and Mary the gun went off, killing Mary and one of the other sisters. The third sister was wounded in the leg. The Direct Cable Repaired - The San Domingo Rebellion Overrated-Honors to Distinguished Taagedians in New York. NEW YORK, Aug. 30. It was reported yesterday that a dispatch had been received stating that the direct cable was repaired and communication between this country and Ireland was completed. From the statement of the captain and passengers of the steamer vester-


Article from Pioche Daily Record, September 1, 1875

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as an electioneering job, though among business men there seems to be considerable disposition to believe it, and some more hopeful express confidence that it will reopen in a few days. The general impression, however, seems to be that if resumption takes place it will not be until after a few weeks. No intimation of the condition of the bank as yet given by the directors, and it is impossible at present to speculate on it with any assurance of corrrectness. A rumor has prevailed in the city this afternoon, which may have gone East, that Burling Bros., one of the most prominent firms of stockbrokers, have failed for two million dollars. Inquiry fails to confirm the report, though it is true that the firm is affected to the amount of about half a million by the suspension of the Bank of California, but it is believed they are able to stand it, and it is stated on good authority that Sharon will back them up if any assistance is required. As indicative of the feeling in stocks, private transactions have been made within the following figures: Ophir 40 to 43, Mexican 16½, Crown Point 24, Yellow Jacket 63, Belcher 18 to 20, Consolidated Virginia 225, California 50. A report obtained circulation to-day that Burling Bros. had hypothecated the stock of Bank of California with a Savings & Loan Society, on Clay street, which proved to be an over issue; but, on inquiry, the President of the Savings Bank stated that there was no truth in the report. A prominent Front street merchant, in an interview this afternoon, gave an encouraging account of affairs among mercantile men. No failures have occurred among them, and none is anticipated. The brokers also speak hopefully of the condition, and the feeling generally is cheerful and confident. Nothing later from the National Gold Bank & Trust Company or Merchants' Exchange Bank. Both are engaged in gathering coin for the resumption of business. SAN FRANCISCO, August 31.-Coroner's inquest in the case of Ralston was resumed this afternoon. The report of the physician who made the post mortem examination was that the deceased died of asphyxia. The analysis of the stomach is not yet completed, but will be given to the jury on Friday afternon. This afternoon an attachment was levied on the real estate of the Bank of California, at the instance of Adolph Shirlk, who claims to be a creditor to the amount of two thousand one hundred and fifty-six dollars.


Article from The New York Herald, September 1, 1875

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bank in the country. It was his opinion that the National Gold Bank and Trust Company of San Francisco would be found solvent, and if the creditors and note holders did not avail themselves of the requirements of the law to force the bank into liquidation he would not interfere with their resuming business whenever they chose to open their doors. The law explicitly declares, he said, in what manner solvent or insolvent banks shall be closed up. It was a matter of record in the bureau that a national bank, through the vote of the stockholders, resolved to go into voluntary liquidation. The doors were closed with that intent and business ceased for several days, when the stock. holders reconsidered their action and resumed business. In this case, however, the proceedings were not legal, so there was no law to prevent the bank from continuing. If any national bank, therefore, chooses to risk its certificate of organization by suspending business when it is solvenit t has the right 80 to do. The only obstacle might come from the courts, but that, he thought, could not be lawfully interposed.


Article from Walla Walla Statesman, September 4, 1875

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AMONG THE CAPITALISTS, When the rumor had spread wide that the Bank of California had suspended, there was naturally a run on the other tanks. That upon the National Gold Bank and Trust Company is elsewhere spoken of There was a triffing abatement in the confidence reposed in the London and San Francisco Bank. Towards three o'elock about twenty or thirty persons were ranged in front of the counter bent upon withdrawing their deposits, and no disposition was manifested to restrain them. As a matter of fact the bank was kept open beyond hours. Mr. Latham was found by a Call reporter in his parlor, and he spoke quietly of the crisis as if it did not concern him. I know nothing about the affairs of the bank below," he remarked. It is enough for me to paddle my own canoe, They have put up their shutters, but I do not know any cause for their failure. The news came upon ne like a clap of thunder. This institution 18 all safe-you may depend upon that. I am ready to pay all who come, and they may come as fast as they like." Meeting Mr. Friedlander on the street, a reporter asked him what was the trouble. He was not at all flurried by the question, and in an assuring tone said that the bank had merely closed its doors to prevent crowding, and was paying on checks presented. Hickox, the banker it is said, after the doors had closed, obtained payment of a large sum on checks, and some $30,000 or $40,000 was sent across the street to the assistance of the National Gold Bank and Trust Company. In portering the money-bags borne away from the bank not a few men displayed a herculean strength truly wonderful.


Article from The Sun, September 8, 1875

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RECOVERING FROM THE PANIC. The National Gold Bank Progressing Toward Redemption. SAN FRANCISCO, Sept. 7.-The President of the National Gold Bank and Trust Company said this morning that arrangements had been made for the redemption of all their gold notes, to the amount of $800,000, at the United States Treasury. The bank is gradually progressing toward redemption. It has already liquidated over one-half its deposits. is collecting, paying out, and settling with its customers as rapidly as possible, is in constant receipt of remittances from country correspondents, and is paying its drafts and receiving deposits from city customers, and paying checks against some, intending thus gradually to resume and retain their business. The President savs that they are supported in this plan of action by their creditors, almost without exception, as being better for the general interest than to hoard coin for a formal resumption.


Article from New-York Tribune, September 10, 1875

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AFFAIRS IN SAN FRANCISCO. MEETING AT UNION HALL-BALSTON EULOGIZEDTHE STATE UNIVERSITY SAVED FROM LOSS-THE NATIONAL GOLD BANK PAYING ITS DEBTS. San FRANCISCO, Sept. 9.-The meeting last night at Union Hall was largely attended, the ball being filled and the crowd filling the street to listen to openair addresses. In the hall the addresses delivered were devoted mainly to attacks on The Bulletin and Call for their course during the recent campaign and since the failure of the Bank of California and the death of Ralston. Resolutions were adopted condeming these papers for their attacks upon Ralston, and calling upon the people to withdraw their support from them. In the open-air meeting resolutions were read censuring the Associated Press for telegraphing so-called false reports the reading of which was greeted with many cries of "No, no as was the case with other resolutions read. The business of the National Gold Bank and Trust Company is going on favorably. Since the panic the bank has liquidated claims deposited to the amount of over $1,000,000, and a statement of its condition shows a surplus as regards deposits of over $1,400,000. There is no perceptible run on the United States Treasury to-day for the redemption of the gold notes of the National Bank and Trust Company. The Regents of the State University have elected D. O. Mills as Treasurer, vice Ralston. The Finance Committee of the Board has reported that the University will lose nothing by the failure of the Bank of California, being protected by the late Treasurer's bond for $150,000.


Article from Chicago Daily Tribune, September 10, 1875

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FINANCIAL. SAN FRANCISCO. SAN FRANCISCO, Sept. 9.-The affairs of the National Gold Bank and Trust Company are proceeding favorably. Since the panic the bank has liquidated claims of depositors to the amount of over $1,000,000, and a statement of its condition shows a surplus, as regards depositore, of over $1,400,000. There was no perceptible run on the United States Treasury to-day for the redemption of gold notes of the National Gold Bank and Trust Company. The Regents of the State University have elected D. 0. Mills Treasurer, vice Ralston. The Finance Committee of the Board have reported that the University will loso nothing by the failure of the Bank of California, being protested by. the late Treasurer's bond for $150,000.


Article from Daily Kennebec Journal, November 1, 1875

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Destructive Prairie Fires. Kansas City, October 31. Extensive and destructive prairie fires are raging in southern Kansas, along the line of the Fort Scott Railroad. At one place in Cherokee county, the ties (along three miles of the track were burned. The fire caught from a locomotive, and at last accounts had swept over miles of country, destroying houses, fences and crops. CALIFORNIA. Financial. San Francisco, October 30. There was a rnn on the National Gold Bank and Trust Company this afternoon. The bank continued business till the usual closing hour. The officers know no cause for the run and will continue business on Monday. The run was started ito gratify private malice. It is also said that the bank has been purchasing real estate heavily and is short of coin.


Article from The Rutland Daily Globe, November 1, 1875

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Running a Bank. SAN FRANCISCO, Oct. 31. There was a run on the National Gold Band and Trust Co. yesterday afternoon. The bank continued business till the usual hour of closing. The officers know no cause for the run. They will open Monday. The run may have been started to gratify private malice. It is also said the bank has been buying real estate heavily, and is short of coin. withed


Article from Los Angeles Daily Herald, November 2, 1875

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Los Angeles Herald THE DAILY and WEEKLY HERALD has more than double the cirenlation of any other paper published in Southern California. Business men recognize it accordingly as the best advertising medium South of San Francisco. TUESDAY, NOV. 2, 1875. NEWS OF THE MORNING. The National Gold Bank and Trust Com. pany, of San Francisco, suspended yesterday. An early resumption is promised. The woolen mills of R. A. Anderson, at Cincinnati, were burned yesterday. Loss $10,000. Cincinnati reports say the city is filled with burglars, who are actively at work. A Mrs. Ferguson, of Cincinnati, has recovered ten thousand dollars damages from a saloon keeper for selling liquor to her husband. A violent storm prevailed in the vicinity of Newark, N. J., during Saturday night and Sunday, doing much damage to property. Considerable snow fell at Concord, N. J., on Sunday night. Gold opened in New York yesterday at 116% and closed at 116. Lepage, the man indicted for the murder of Miss Josie Longmaid near Concord, N. H., has been identified as the person seen in the bushes near the 'oad over which the girl passed. Last Friday night a train jumped the track near Marshalltown, Iowa, and severely injured fifteen persons. The Detroit Post, Chandler's organ, denies that there is or has been any feeling against him in the Cabinet. The funeral services of Mayor Otis took place in San Francisco yesterday from Dr. Stebbins' church. The King of Greece decorated all the members of the Prince of Wales' party on the occasion of their recent brief visit at Athens, en route to India. Twenty-six million francs were subscribed to the Inundation Fund at Paris for the relief of the sufferers by the recent floods. Since the beginning of the struggle between Bismarck and the Ultramontanes the priests have paid 60,000 francs in fines, and have undergone 50,000 francs of imprisonment. Dr. Stewart's expedition to South Africa is exploring the Zambesin river fully. They have built a small steamer for that purpose. Mrs. Black, the original of Byron's "Maid of Athens," died in Greece lately, aged 76. The King and Queen of Denmark and the Princess Thyra will visit England shortly. A London letter says complaints are rife in Berlin that there is no money to be lent; that bank notes are scarce, and that it is not only the duty but the interest of the Government to prevent a massacre of trades for want of


Article from New-York Tribune, November 3, 1875

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THE MONEY MARKET. TUESDAY, Nov. 2-P.M. This being a legal holiday, no business has been transacted at any of our exchanges. London advices report consols at 94916; old 65 U.S. bonds at 1035g, and Erie 1513. The rate of discount in the open market at London is reported at 27g per cent for three months' bills, which is 1 1g per cent below the bank rate, and it is thought not improbable that the bank rate may be reduced on Thursday next. The bank, however, is reported to have lost £534,000 on balance to-day, mostly for shipment to Germany, French Rentes are quoted at 65.45. The steamship Parthia, which sailed from (Liverpool for Boston to-day. fetches £15,000 sterling. A Liverpool dispatch announces the failure of Messrs. Daca, Paleologo & Sons, with liabilities of about $500,000. A London dispatch of this day's date states that "the steamship Faraday recovered both ends of the direct United States cable, and buoyed them close together last night. If the weather continues favorable the splice will be attempted to-day. The cable may. therefore, be working at any moment." A Washington dispatch says: "The Controller of the Currency is to-day in receipt of a telegram from the President of the National Gold Bank and Trust Company of San Francisco, officially informing him that it has gone into voluntary liquidation under the provisions of the National Bank act." A St. Louis dispatch of this day's date says: "Calvin Littlefield of New-York has filed a bill in equity in the United States Circuit Court against the Atlantic and Pacific Railroad Company, asking that a receiver for the road be appointed. The petition will not be resisted, and Jadge Treat will probably to-day appoint some gentleman of New-York to act in conjunction with some thoroughly competent man of St. Louis, The following statement of the total coinage for the month of October has been prepared at the office of the Director of the Mint: Gold-Number of pieces, 216,251 double eagles; value, $4,305,020. Trade dollars-Number of pieces, 860,000; value, $860,020. Subsidiary silver-Number of pieces, 532,000 half-dollars ; value, $266,000; 992,000 quarter-dollars; value, $248,000; 900,000 dimes: value, $90,000; total, $604,000. Minor coins, 1.620,000 pieces one cent bronze; value, $16,200. Total number of pieces, 5,119,251. Total values, $5,785,240.


Article from The St. Cloud Journal, November 4, 1875

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LATE NEWS ITEMS. -Nearly halfthe village of Queens, L. I., was burned Saturday. Less $40,000. -There have been, so far, 46 deaths by yellow fever at New Orleans. -The libel suit of Bowen against the Brooklyn Eagle is set down for Nov. 8th. -The President has declared his intention of adhering to the Indian "peace" policy. -The National Gold Bank and Trust Company, of San Francisco, has suspended. -The Carleton cotton and woolen mills, at Philadelphia burned Sunday. Loss, $450,000. -There have been 500,000 cases of the cattle disease in Great Britain during the last three months. -Lapage has been indentified as the man seen in the bushes near were Miss Longmaid was murdered. -A young man named Fogg, at St. Louis, Thursday, shot his sweetheart and stabbed himself. Both died. --In the suit against the Boston Herald, for calling the Cardiff giant a fraud, the jury returned a verdict for the defendants. -The Spaniards have demanded the surrender of the Cuban cruiser Octavia and her cargo from the British authorities. -Congressman John G. Shumaker, who went to Europe after testifying in the Pacific Mail investigation, quietly returned home a week ago. -Returns of the election for and against the new State constitution of Missouri indicate that the whole constitution is carried by a large majority. -Judge Dillon has ordered the sale by foreclosure of the Cedar Rapids & Minnesota, the Davenport & St. Paul, and the Iowa Central railroads. -A special from Vienna says it is reported there that the Turks have murdered sixty Christians in Bihaza, a fortified town near the Dalmatian frontier. -The propellor Phil. Sheridan went ashore Wednesday morning at Sand Point, Lake Superior, while trying to make Grand- Island harbor in snow storm. -Legal tenders to the amount of of $704,888 have been ordered retired, that amount being 80 per cent. of the national bank circulation issued last month. -The Hudson river railroad company have discharged over one hundred track laborers, and it is expected further dismissals will be made. -J. A. Stephens, of Council Bluffs, has been awarded the Government contract for two million pounds of old corn at 431 cents; P. Powers, of Hamburgh, Ia., one million pounds of oats at 291 cents. -The sugar cane crop in Georgia this year was cut short by drought. In some parts of Florida no more than three per cent. of a crop was planted for want of seed.. In other parts of the State the crops were brought up to a full average by the August and September rains. -On the 2d of last July the safe of the National and Savings bank in Winthrop, Me., was robbed of $90,000, mostly in government, railroad and municipal bonds. The bank officers have effected a restitution of $50,000 of the bonds, for which they paid the reward advertised-$10,000. --The newly-arrived daughter of the Duchess of Edinburg increases Queen Victoria's tally of grandchildren to twenty-seven, twenty-four of whom are still alive, and that of her total living progeny to thirty-three, including three unmarried children and the Princess Louise, who is married, but without family. -At a sale of unclaimed property at the Chicago Custom House, Saturday, one box turned out to contain some finely bound volumes, gifts from various Englishmen to the Evangelist Sankey. The box had been directed in care of some unknown person, and 80- the dues had not been paid. -As the fast freight train on the Pan Hamelle railroad was approaching a bridge near Cambridge, Ind., Friday night, during a terrific storm, the engineer saw the bridge totter and fall. He reversed the engine, jumped and saved his life. The engine and four cars went through, carrying the fireman and head brakeman, killing both. -A majority of Western railroad companies have agreed that during 1876 no reduction of fare shall be made on account of religious, Masonic or other assemblages, excepting coun-


Article from Eureka Daily Sentinel, November 5, 1875

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PACIFIC COAST DISPATCHES FROM CALIFORNIA. Indian Matters in the Nouth-Fire The Affairs of the Gold Bank Company. SAN FRANCISCO, Nov. 4. A petition is being circulated in San Barnardino, San Diego and Los Angeles counties, addressed to Senator Sar. gent, asking the adjustment of the l'emecula Indian question and purchase of reservation lands. D. A. Dryden. Indian agent. has returned to Los Angeles, from the Indiau country. He reports no eligible Government lands on which the Indians can be placed, and recommends the purchase of a ranch for them. On his return from the south he received a disparch from Smith, Commissioner ot Indian Affairs, granting bis request for authority to expend five hundred dol lars for the imm diate necessities of the Indians. The Commissioners hope shortly to make arrangements for leasing a ranch subject to purchase when the funds are appr priated. A fire broke out on the ground floor of the Pioneer flouring mills at 10:30 last night and burned to the top of the building. The fire was SOOD mas ered. The salvage corps saved a great deal or property from being damaged by water. From the nature of the contents the principal loss was from water and smoke, and will reach to $5,000 or $6,000, which was covered by insurance. The affairs of the National Gold Bank and Trust Company are still the subject of general interest. President Davis said yesterday that it has not vet been determined to go into liquidation. Thompson, cashier. states this morning that while no official action has been taken to put the bank in liquidation, nevertheless that will be the result of this movement. The officers have no doubt but the depositors and stockholders will be paid in full. Provisions will be made for immed a e redemption of the notes of the bank at their par value in gold. The directors will hold another meeting in a few days. Terrible Storm nt Ranta Barbora. SANTA Bardara, Nov. 4. A heavy rain fell yesterday, Jumost as severe as the storm of last January. 11 commenced raining at 10:30 in the morning and continued all day with increasing severity, until six o'etock P. M. Considerable damage has been done to erops that were still standing. Towards 10 o'clock P. M. a perfect hurricane blew from the northwest, carryinz everything before it. Trees were torn up by the roots or broken short off, and barns and outhouses overturned on several ranches in the valley. One or two schooners lying in the barbo


Article from Pioche Daily Record, November 5, 1875

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Pacific Coast. SAN FRANCISCO, Nov. 4.-A petition is being circulated in San Bernardino, San Diego and Los Angeles counties addressed to Senator Sargent, asking an adjustment of the Temecula Indian acquisition and the purchase of reservation lands. D. A. Drydan, Indian Agent, has returned to Los Angeles from the Indian country and reports no eligible Government lands on which the Indians can be placed. He recommends the purchase of a ranch for them. On his return from the south he received a dispatch from Smith, Commissioner of Indian Affairs, granting his request for authority to expend $5,000 for immediate necessities of the Indians. The Commissioners hope shortly to make arrangements for leasing a ranch subject to purchase, when the funds are appropriated. A fire broke out on the ground floor of the Pioneer flouring mills at ten thirty last evening and burned to the top of the building. The fire was soon mastered by the salvage, corps who saved a great deal of property from damage by water. From the nature of the contents the principal loss was from water and smoke, and will reach five or six thousand dollars, COVered by insurance. The affairs of the National Gold Bank and Trust Co. are still a subject of general interest. President Davis said yesterday it has not yet been determined to go into liquidation. Thompson, the cashier, states this morning that while $ no official action has been taken to put the Bank into liquidation nevertheless 8 that will be the result of the movement. The officers have no doubt depositors and t stockholders will be paid in full. Proposals will be made for the immediate redemption of the notes of the Bank at their par value in gold. The directors a will hold another meeting in a few days. r SANTA Barbara, Nov. 3.-There was a e heavy rain fell yesterday, almost as ser vere as the storm of last January. It commenced to rain at 10:30 in the morn0 ing, continued all day with severity until V 6 o'clock p. m. Considerable damage has a been done to crops that were standing. Towards 10 p. m. a perfect hurricane blew from the north-west, carrying everything before it. Trees were torn up by 8 the roots or broken short off barns and out-houses were overthrown on several r ranches in the valley. One or two schooners lying in the harbor dragged their anchors and had to run out to sea a for safety.


Article from The Morning Herald, November 6, 1875

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PERSONAL AND PERTINENT. Gen. Custer is at Newark. a Renan is in Italy engaged in writing noyel. Fresh disorders have brokenout in Nicaragua. Mr. Sankey, wife of the revivalist, is in Chicago. The Pope has a comfortable household of537 persons. Ira Holmes,. a banker of Chicago, has failed for $112,000. Alphonso will take command of King week. the Northern army next Mr. Spurgeon intends to spend November and December in the South of France. A despatch from Yuma, Cal., reports nother severe shock of earthquake, yesday. G.A. Wirt & Co., merchants of London, have failed, with liabilities started at $250,000. J.J. Renaldson & Sons, in the East Inia trade, at London, have failed for $350,000. Senator Booth, of California, is confined the house of hi+ mother, in Terre Haute, with an injured foot. Dr.S. S. Shultz. superintendent of the Danville hospital for the insane, was ia Philadelphia yesterday. A plan has been arranged in London for permitting Bowles Brothers, the American bankers, to resume business. It is reported that the Carlists in Catalonia have asked for amnesty, and the rebellion in that province is ended. An editorial article in the Pall Mall Gazette, says England will occupy Egypt as a protection is her Indian Empire. Mrs. Lincoln, who is still stopping in Springfield, Ill, walks out occasionally. d appears to have improved in health. A special despatch from Virginia City says the mining situation is encouraging, he water being reduced and rebuilding going on briskly. i Secretaries Chandler and Belknap and Generals Sheridan and Crook had a long : conference with the President yesterday on the Indian question. Minister Schenck has written a letter to the London Times, exposing the fraud iu selling fietitious American diplomas in F England. Austria has been requested by the Northern Powers of Europe to propare a propo= ition to Turkey for the final settlement of her difficulties with her vassal States. ( J. W. Marsh, agent of the Bank of British North America, at Napanee, Ontacommitted suicide, by shooting himself through the heart with a revolver. Prof. II. A, Carran, of Berks county, a raduate of Dickinson College, will fill the hair of natural science in the West Cheser normal school, vacated by Dr. FrankTaylor. Aserious break occurred in the Delaand Hudson Canal. three miles east in G f Hawley, Pennsylvania, on Tuesday morning. Navigation will be suspended eyeral days in consequence. st a In Peru recently a battle took place beween the partisans of President Prado nd Admiral Montero, in which a number persons were killed and wounded, but is not stated which party won its vicDry. Instructions have been sent to the AssistTreasurer at San Francisco to redeem e notes of the National Gold Bank and rust Company to the amount of $340,000, onds for the security of which are on deosit in the Treasury at Washington The Secretary of the Treasury has adressed a circular to collectors of customs, mnouncing that no importations of neat attle or hides will he allowed from Engau and from this date, in consequence of the revalence of the hoof and mouth disease said country. A despatch from Annapolis, Md., saye during an altercation originating in a SI to olitical discussion, Geo. Schmidt, proprieof Marx's Hotel, was shot and killed wl Wm. Barber, an employ in Keller's or ki staurant. Barber, it is said, was intoxiGI ted at the time. After shooting Schmidt .... proceeded to headquarters and gave meals


Article from The Anti-Monopolist, November 8, 1875

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The little country of Siberia, in Africa, is about to be wiped out by the natives with whom it is at war. The Epizootic is still on the spread in Indiana, although some localities are nearly through with it. Kansas newspapers are again advocating the nomination of Juuge John F. Dilon for the presidency. The broken National Gold Bank of San Francisco, promises to pay stockholders and depositors in full. The Richmond Inquirer has been bought by a firm formerly of the New York Tribune and Boston Post. A mound in Stark county, Ind., has been opened, revealing the usual number of giant skeletons, queer tools, etc. John Dolan, the murderer of Mr. Noe, was last Wednesday found guilty and sentenced to be hanged on the 10th of Dec. next. The losses by the Virginia City fire are now estimated at between seven and eight millions. Rebuilding is going on vigorously. Glencoe Register: The epizootic is prevailing somewhat extensively, though of milder form than when it appeared some years ago. Twenty-three states have had elections this fall, and of these eighteen have gone republican. This thing begins to look like a tidal wave. Senator Newton Booth, of California, was welcomed by old friends at Salem, Ind., his native place, but declined a public reception. Arrangements are being perfected that the West Point cadets may camp out for a week or two on the Centennial grounds next year. The president has issued his proclamation designating the 25th day of November as a day of thanksgiving and prayer throughout the United States. A fire broke out in a patent-medicine establishment at Fort Wayne Mouday, and a boy threw oil instead of water on the flames; loss $5,500. It is claimed that the republican victory in New Jersey will result in the election to the United State senate of Secretary Robeson, of the Navy. The New Jersey senate will be composed of twelve republicans and nine democrats, and the house of thirty-seven republican and twenty-three democrats. A piece of newly broken land in Otter Tail county yielded thirty and a half bushels wheat to the acre. Old ground in the same field returned but twenty-five. Col. DeGraff is pushing the building of the railroad from Northwood, Iowa, to Albert Lea, Minn., with ali possible vigor and expects to have it completed before Christmas. Mrs. Moulton, being dropped from the roll of Plymouth church, protested, charging Beecher with adultry, on his alledged confession and that of Mrs. Tilton to her. Why don't the associated pres cease reporting mercantile failures? They are most potent arguments against the hard money and specie resumption enormity. This is a grave oversight, The London Times denounces the scheme for floating £500,500 worth of the Keokuk and Kansas City railroad bonds, though it is fair to presume that it is none of the Times' business. It is estimated that all the gold in the world, if melted into a solid lump, would not make more than a cube of twenty-three feet. But yet it can make foots and villains of nine-tenths of the human family. St. Louis is having trouble with her police, involving the chief and a prominent detective who bring counter charges against each other, one of being a gambler, etc., and the other of insubordinations, etc. The state elections, on Tuesday last, in New York, Pennsylvania Wisconsin, Minnesota, New Jersey and Massachusetts have given republican majorities. Maryland and Mississippi have given democratic majorities. St. Cloud Times: Bonds of the zenith city (Duluth) were sold at auction last week in that city, for eleven and a half cents on the dollar. Think of that, for a city which it was expected at one time would rival Chicago. It is reported that Gen John Morgan, the celebrated confederated partisan officer who invaded Ohio in 1873, has just died in Oregon, whither, as the story runs he escaped after he was wounded. It is a strange story, but may possible be true. The new saw mill of McCaine Bros, & Barteau, at Hinckley, is neariy completed and will commence sawing the first of next week. The mill is 114 feet long by 30 feet wide, with entire new machinery, and will cost about $15,000. It has a capacity of 40,000 feet per day. The new elevator commenced buying wheat on Monday, in consequence of which wheat jumped from ninety cents to one dollar a bushel, closing strong at


Article from The Kenosha Telegraph, November 11, 1875

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NEWS OF THE WEEK. The East. Samuel T. Abbott, of Ossipee, N. H., recently murdered his wife by severing her head with an ax. He then hung himself, but was cut down before life was extinct, and is now in jail. The First National Bank of Pittston, Pa., was entered by burglars, last week, and robbed of $40,000 in bonds and money. The Massasoit Mills, at Falls River, Mass., ave been destroyed by fire. Loss, $150,000. The Beecher scandal has been suddenly revived by the New York and Brooklyn Association of Corgregational Pastors who have appointed a committee to investigate the charges against Mr. Beecher. H. B. Claflin & Co., the well-known New York dry goods merchants, have been indicted for smuggling silks. Interest in Moody and Sankey's meetings in Brooklyn is on the decline, and the attendance is growing smaller each day. Lewis G. Phillips & Co., cap manufacturers of New York, have failed for a heavy amount. At a business meeting of Plymouth Church, Brooklyn, last week, the names of Deacon West and Mrs. Francis D. Moulton were dropped from the roll of membership on the ground of continued absence. Mrs. Moulton protested through her counsel, Roger A. Pryor, stating that her absence was an enforced one, caused by the crime of adultery committed by Henry Ward Beecher, which she knew to be true through confessions and other evidence. She declared her disposition to discharge all the duties devolving on her as a member, that are consistent with her knowledge of the adultery of the pastor, and his false swearing with regard to it. The committee of reverends charged with investigating Beecher promise to do their work thoroughly. They propose first to scrutinize closely the evidence brought out in the scandal trial, and then to search for new evidence. The following are named as the committee Rev. William M. Taylor, of the Broadway Tabernacle, New York Rev. Dr. Wm. Ives Buddington, of the Clinton Avenue Church, Brooklyn: Rev. Profs. Parsons and Martin, of the New York Theological Seminary, and Rev. Charles H. Everest, of the Church of the Puritans, Brooklyn. The people of Saratoga county, N. Y., are excited over the discovery of the defalcation of Henry R. Mann, who has been the Treasurer of the county for the last fifteen years. It is known that the sum of his stealings will reach $140,000, and may largely exceed that amount. The New York Order of United Irishmen Redivivi has tried another one of its members for treason and condemned him to death. Patrick J. Walsh is the alleged traitor, and makes the third person condemned. Haight, Halsey & Co., of New York, heavy importers of hatters' goods, have suspended. Their liabilities are $750,000. The West. The United States Grand Jury at Chicago has found about sixty indictments against parties charged with criminal violations of the internal revenue laws relating to whisky. Most of these implicated reside in Chicago, and many of them are prominent citizens. Mrs. Smith, of Brookfield, Mo., was handling a loaded gun the other day, when the weapon was discharged, the load passing through the body of her little daughter and producing almost instant death. The Northwestern Railroad Company has purchased and will hereafter,operate the Rockford, Rock Island and St. Louis road. The National Gold Bank of San Francisco has gone into voluntary liquidation. Creditors will be paid in full. A horrible murder occurred at Springfield, Mo., lately. A woman named Mary Collins went into the room where her husband, James Collins, was sleeping, and seizing an ax split his skull in two, killing him instantly. She then attempted to murder her little daughter, but the child made her escape to a neighbor's. Elder Morgan, an apostle of the Mormon religion, appointed by Brigham Young to evangelize Illinois, Kentucky and Tennessee, began his work of grace" at Bloomington, Ill., last Sunday, by addressing a large meeting upon the "Tenets of the Mormon Faith." It is his intention to thoroughly canvass the three States named in the interest of Mormonism. Distinct shocks of earthquake were felt in different sections of Kansas early on the morning of the 8th inst. The vibrations were from east to west, and were accompanied by a heavy, dull, rumbling sound. Buildings were considerably shaken, and the inmates, in some cases, much alarmed, but no damage was done. The whisky ring throughout the West is thoroughly demoralized. In Chicago nearly all the distillers have been indicted and will soon be brought to trial. The evidence against them is said to be of a very positive character, and cannot fail to convict. The St. Louis ring is completely bursted. Some of the most prominent citizens have been indicted, including William McKee, of the Globe-Democrat, Constantine Maguire, late Revenue Assessor, and others. They have retained Dan Voorhees and Ben Butler for the defense. A review of the operations of the St. Louis ring shows that during the last few years they have defrauded the government out of at least a million dollars annually. At Milwaukee a large number of dis-


Article from Puget Sound Dispatch, November 11, 1875

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dannt The World claims the Democrats have their SU a SU Aictory Inform B UOM memorable victory last year, because the Democratic losses on Tuesday resulted only from the accession to the Republicans of the canal thieves. 4.-The Brooklyn Tabernacle was only half filled this morning at Moodey and Sankey's service. The falling off in attendance may be accounted for by the rain. The usual throng filled the Brooklyn rink this evening, and thousands were unable to gain admittance. The Superintendent of the direct United States cable says the cable was successfully repaired this morning and the Faraday reports the cable, after fifteen months submersion, in as good a condition as when manufactured. 02 u! punoj SUM TOUTH 94L eq pinom su nons SUA water. Jo caused either by an anchor or grapnel. The sudden death of George Jewett of Philadelpia, at the St. Nicholas Hote] last night, disturbs one or two stocks in which he was a large operator in this market. He was a biother of the Erie Receiver. Gold closed at 15% Money Dr. 10 closed '2 01 9 more reduced active % ALBANY, Nov. 4.- The Evening Journal says, our table to-day makes the State Democratic from 8,000 to 9,000. The Senate 22 Republicansand 10 Democrats- more than two-thirds majority. The Assembly foots up 72 Republicans and 56 Democrats- -a Republican majority of 16. MILWAUKEE, Nov. 4.-A dispatch from Madison states that the Republicans there concede the election of the Democratic State ticket, except Governor, and a majority in the Legislature. Returns received here, however, indicate the success of the Republican ticket except, des B pus READEM pus Banetz 'sdequed publican majority in the Legislature. KANSAS CITY, Nov. 4.-The Kansas City Times has returns from 76 towns """H u! districts 1 103 em JO 68 JQ election emp Moqs 'SUS LE pus A street classed as Democrats, Independents and Reformers. TopeKa, Nov. 4.- The Commonwealth has returns from 88 districts; of these 67 are Republican, but some of those elected are Independents, seven are Democrats and nine are reformers. Twenty districts more to hear from OL the extreme frontier. LITTLE Rock, Nov. 4.-A Memorial to Congress, asking for the establishment of a Territorial government in the Indian country,passed the House to-day. WASHINGTON. Nov. 4.-August S. Gaylord, of Saginaw, Michigan, has been tendered, and to-day accepted, the appointment for Assistant Attorney General of the Interior Department. MADRID, Nov. 4.-.-The Epoch says it knew nothing of the America-Cuba memorandum, and believes recent dispatches greatly exaggerated the affair. The Chronist Ministeria believes American fillibusters raised news of the -10 up equa aoj frights every 30 create 01 Jap statement em up name on sr There JO quemdinbe ue person seq Spain the five men-of-war for Cuban waters. VIENNA, Nov. 4.-The Free Presse states that the Herzegovnian insurgents have recently received a thousand breech loading rifles from Montenegro. LONDON, Nov. 4.-A Berlin special -ap you s! Ressin taxt st 1! SAUS sirous of acting independently in the Herzegovnian matter. The three powers continue in complete harmony. The Times says it is understood that a majority of the members of the North American Boundary Commission will Com- MOU em accompany 07 selected eq mission which will shortly be sent to settle the boundary of Alaska. Russian correspondents to German newspapers give distressing accounts of the unparalieled failure of this year's harvest. Never before, it is asserted, has the failure been so general in Russia. Russians are still familiar with the distress resulting from failing crops from their experience of the Samaria famine, that however, was merely local while the present is general. The entire cultivated state is deprived of its expected crop. This year all crops have suffered alike. SAN FRANCISCO, Nov: 4.-The affairs of the National Gold Bank and Trust Company are still the subject of general interest. President Davis said yesterof of been yet you puq en Sup into liquidation: The officers have no doubt but that depositors and stock. holders will be paid in full. Provisions will be made for the immediate redemps tion of notes of the bank at their par value in gold.


Article from The Iowa Plain Dealer, November 19, 1875

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The Shadow of wanting Events INTO Philip Nevn. I New You 04 " ****** Non of Fairfield & Trusk produce commission desters. Chardon street, is assonneed A meeting of the credit - has been estied to protect the gen eral interests M+ Painfield to presi dest of the Butter and Cheese Ex change. The suspension of Honry R. Fair Held, Bour and grain device reported Liabilities estimated reserve New YORK. Oct. 27 susponsion of Ira Beard, 450 Headway dealer is millinery goods is non-mared Hugh Young has made an essign. ment placing his liabilities at 8171.816, and assets at $62,891. a large part of the latter being patent rights, PHILADELPHIA, Oct. 27.-The mu. sie publishing house of Lee & Walker has suspended. Their liabilities are said to be $175,000. Portland. Me., Oct 26.- Wig. g'ⁿ & Co., of Ellsworth, lumberman and traders, are reported failed, with heavy liabilities. Their failure throws four hundred men out of work. Detroit, Mich., Oct. 26 -Mematron & Sons, lumber manufacturers at Bay City, have assigned with liabilities placed at $60,000 and assets at 8150,000. New York Oct. 26. Dirosway & Hatch, leather dealers on Spruce street, suspended yesterday; also, Oscar S. Dike, tea and spice merchant, of Pearl street. An involuntary bankruptcy prevailed in New York District Court, against Mesers. Nyse & Co., by the attorneys for about forty creditors, representing Iowa and Illinois, and amounting to nearly 8600,000. The unsecured in. debsedness of the firm is nearly a mil. lion and a half. Montreal, Oct. 26.-The Moisio iron works suspended. to-day. Liabilities large. The Morris Run Coal Company, of Pennsylvania filed a claim against the Company for over 8850, 000 Washington, Oct. 25.-The Char lottesville, Virginia, National Bank having suspended, agovernment agent will take charge of the bank for invest igation. Chicago, Oct. 25.-The Chicago Insurance Agency Association, which has formerly done an extensive busi ness in the northwest, has failed. and its effects will be disposed of at sher iff's sale. The Iowa State Journal contraction organ of congressman Kasson at De Moines has demonstrated its pet theory by a newspaepr suspension and cal lapse in Des Moines. Its circulation i all withdrawn, but its premises are no redeemed. if Washington, Oct. 28.-The Scere tary of the Sreasury has given diree tions for retirement and cancellation o $70,488 U. S. legal tenders the amount being 80 per cent. of the National at Bank circulation issued last month This will make the amount of outstand ing legal tenders until further order $878,286,254. The receipts from In termal revenue to day were $40,28673 from customs $592,212 Now York, Nov. 8.--The following firms were yesterday reported to have failed or become embarrassed: Wm. J of Schloss, dealer in woolens; Hathaway & Kerr. trimmings; Geo. Bletter wool and wool fibre; Tombination Woo Co., and Joseph Herron, fruits. Ther were several minor houses also re ported. Washington, Nov. 2.-The Comp troller of the Currency is to day in re celpt of a telegram from the Presiden of the National Gold Bank and True da Company of San Francisco officiall informing bim that it has gone int as voluntary liquidation under the pro c. visions of the National Bank Act. ht Chicago, Nov. 3--Richard M. Hoo ey, the well known propriet r of Hos W leys theatre, filed a voluntary petitio : in bankruptcy to day. His unsecure debts are $50,000: assets being the as theatre and land worth about 8175 tt 000, but encumbered to the amount ( over $125,000. New York. Nov 2,--C. B Conant s in Co., wholesale eval dealers, made gen oral assignment for the benefit of thei creditors. yesterday. Id New York Nov 5.-The failure . rd J. 1. Philips & Co., fur dealers, wa reported this afternoon. The firm


Article from Eureka Daily Sentinel, June 3, 1876

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will continue on the part of the allthorities. Political. Regarding the proposition to put exGovernor Woods on the ticket as Vice President, further inquiry leaves the authors of the movement somewhat doubtful, though it seems probable that the Federal officials favor the project. The Coolie Question. At a meeting of the Eleventh Ward Auti-Coolie Club, last night, a letter from Senator Sargent was read, the point of which was that the recent incendiary talk, threats and violence towards the Chinese is doing more than anything else to forfeit the support of the Eastern people, and he urged the clubs to be "wise as serpents and as harmless as doves," as the only way to accomplish anything. The British steamer Qungse, which sailed for Hong Kong yesterday. took away about tour hundred Celestials. Author Dead-Anti-Chinese Havoc -Banking. SAN FRANCISCO, June 2. W. V. Wells, for many years connected with the press of this city and a prominent contributor to the Overland Monthly, author of a work on Central America, and a biography of bis grand. father, Sainuel Adains, died at the Napa Insane Asylum last evening. The anti-Chinese feeling is making havoc in a quiet way among Chinese laundries and laundries owned by whites who employ Chinese. The Chinese laundries have lost more than half of their custom, patrons being fearful of small-pox. The business of the National Gold Bank and Trust Company will be removed next week from the corner of Sansome and California streets to the corner of California and Montgomery streets, in the rooms now occupied by the banking department of Wells, Fargo & Co's Express; W. F. & Co's bank going into the rooms now used by the Trust Company. As will be remembered the National Gold Bank and Trust Company suspended busi ness last November, and during the interval loans have been contracted as rapidly as possible, and the proprietors are paying the final dividend to depositors. At a meeting of the directors this week it was decided to re sume business under the old name, but probably with reduced capital and a change of officers. Details, however, have not been fully decided upon, but the bank will resume business at an early day.