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

View Charter #1994 on SPMC View balance sheet

Episode Information

Episode UID
199400908
Episode Type
Run β†’ Suspension β†’ Reopening
Bank Type
national
Bank ID
19940 national
Charter Number
1994
Start Date
August 26, 1875
Location
San Francisco, California (37.780, -122.419)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
dc26db58a983ff4f

Response Measures

Accommodated withdrawals, Partial suspension, Full suspension, Books examined

Other: The bank attempted a gradual resumption by paying small depositors in full while obtaining extensions from larger ones before eventually entering voluntary liquidation.

Description

The bank experienced two distinct runs in 1875; it survived the first in August but suspended after the second in October/November, eventually reopening in 1876.

Events (9)
1. June 3, 1872 Chartered
Source
historical_nic
2. August 26, 1875 Run
Cause
Local Banks
Cause Details
Panic following the suspension of the Bank of California
Measures
Continued paying in coin or bonds until closing hour.
Newspaper Excerpt
A run was made on the National Gold Bank and Trust Company, but the bank continued paying till the closing hour
Source
newspapers
3. August 27, 1875 Suspension
Cause
Local Banks
Cause Details
Inability to obtain coin during the panic following the Bank of California failure.
Newspaper Excerpt
In consequence of the panic and the impossibility of obtaining coin, the National Gold Bank and Trust Company will close until further notice.
Source
newspapers
4. September 13, 1875 Reopening
Newspaper Excerpt
That institution Is now doing general business, with no signs of any run upon its resources.
Source
newspapers
5. October 30, 1875 Run
Cause
Rumor Or Misinformation
Cause Details
Rumors of weakness and heavy real estate investments; possibly started by private malice.
Measures
Continued paying until closing hour.
Newspaper Excerpt
The rumors of a weakness of the National Gold Bank and Trust Company continue. The bank continued paying until 4 P. M., yesterday, notwithstanding the run.
Source
newspapers
6. November 1, 1875 Suspension
Cause
Rumor Or Misinformation
Cause Details
Continued run based on rumors of weakness and lack of coin.
Newspaper Excerpt
The National Gold Bank and Trust Company opened this morning at ten o'clock, but the run begun on Saturday was evidently to be continued, and they closed at once.
Source
newspapers
7. November 2, 1875 Other
Newspaper Excerpt
officially informing him that it has gone into voluntary liquidation under the provisions of the National Bank act.
Source
newspapers
8. June 1, 1876* Reopening
Newspaper Excerpt
it was decided to resume business under the old name, but probably with reduced capital and change of officers.
Source
newspapers
9. September 1, 1879 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (25)
1. August 27, 1875 Eureka Daily Sentinel Eureka, NV
Article from Eureka Daily Sentinel, August 27, 1875

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GREAT EXCITEMENT ON THE STREET. RUNS ON OTHER BANKS No Afternoon Meetings of the Boards of Brokers. Both Boards Adjourn Subject to Call. Members Forbidden to Transact Business, Etc., Etc. SAN FRANCISCO, Aug. 26. At 5 o'clock P. M. the representatives of the press met in the president's office of the Bank of California, when the following written statement was read: Office of lhe Bank of California, August 26.-The Trustees are under the painful necessity of stating to the customers of the bank and the public that the bank is compelled to suspend business. At this moment, and without reports from the agencies, we are not prepared to make a statement as to the situation of the bank, but we are now examining into its interests critically and will at the earliest possible moment make a definite report. By order of the Trustees. [Signed] S. FRANKLIN, Secretary. President Ralston stated that, on his own responsibility and that of the officers of the bank, he had no doubt that they would be able to meet all obligations. In reply to the question when they expected to open again, he said: "Not at all;" and subsequently, on a repetition of the same question, he said: "We do not expect to resume." Ralston further stated that about $1,400,000 had been paid out to-day.' No assistance was received from other banks, though application was made for it. He also stated that he had telegraphed to all of the agencies of the bank to close. The excitement on California street is intense. The street was completely blocked during the afternoon. The crowd, on the whole, is quiet and good natured, and much contidence 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 till the closing hour, and asserted its ability to settle all demands in coin or bonds. Other banks in the city report no unusual call on their resources. The San Francisco and Pacific Stock Exchanges held no sessions this afternoon, adjourning to call, and the former passed a resolution forbidding the members to do business in the interim. The late hour at which the suspension of the Bank of California occurred renders it difficult to calculate the effect on other financial interests at present.

2. August 27, 1875 Arizona Weekly Miner Prescott, AZ
Article from Arizona Weekly Miner, August 27, 1875

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Prescott, Friday Evening, August 27, 1875. BANK OF CALIFORNIA. A. (Hesitatingly.) We have asked. Here the secretary read the resolution adopted by the directors, which is the official Farther Particulars of the announcement of suspension: Failure. OFFICE BANK OF California, August 26, 1875. San Francisco, August 26, 1875. The Trustees are under the painful necesnendous excitement on the streets. sity of stating to the customers of the Bank ank of California has suspended. The and the public, that the Bank is compelled losed at 40 minutes past 2 o'clock this to suspend business at this moment, and on. Thousands of excited depositors without reports from our agencies we are not esieging the doors of the building. prepared to make a statement as to the situstocks have done the work. ation of the Bank, but we are now examinDiego, August 27.-The Union this ing our interests critically, and will, at the g publishes an interview between its earliest possible moment, make a definite ancisco correspondent and Mr. Ralsreport. By order of the trustees, resident of the Bank of California, at S. FRANKEL, Secretary. ck yesterday afternoon, as follows: The Bank paid out one million four hunWill the bank open in the morning ? dred thousand dollars in coin to-day. When No. Mr. Ralston said the Bank would not resume Vhen will the bank open ? the silence in the apartment was oppressive. Ve do not expect to open again. There was a run on the National Gold 0 we understand you correctly ? Bank and Trust Company this afternoon, but Ve do not expect to resume. they paid out the coin up to the closing lave the other banks offered assishour of the day. No one can tell what today will bring forth. The stock board closed To. at once and all business, directly or indirectave you asked their assistance ? ly, was ordered suspended.

3. August 27, 1875 The New Orleans Bulletin New Orleans, LA
Article from The New Orleans Bulletin, August 27, 1875

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A BANK SUSPENSION. SAN FRANCISCO, Aug. 26.-The Bank of California stopped paying checks at a quarter of 3. In an interview, Mr. Ralston, president of the bank, say:s 'The bank has sufficient assets 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 representatives at 5 P. M., when more particulars will be given. SAN FRANCISCO, Aug. 26.-At 5 P. M. the representatives of the press met in the President's office of the Bank of California, when the following written statement was read: OFFICE BANK OF California, Aug. 26, 1875. do The Trustees are under the painful necessity of stating to the customers of the bank and the public that the bank is compelled to suspend business. At this moment and without reports from the agencies, we are not prepared to make a statement as to the situation of the bank, but are now examing the interest critically, and will at the earliest possible moment make a definite report. By order of the trustees, S. F. RANKIN, Secretary. President Ralston stated orally on his own responsibility and that of the officers of the bank, no doubt they would be able to m eet all their obligations. In reply to the question when they expected to open again, he said not at all," and subsequently, on the repetition of the question, said " we do not expect to resume." Ralston further stated that about one million four hundred thousand dollars were paid out today. No assistance was received from other banks, though application was made for it; he had telegraphed all 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 goodnatured, and much confidence was expressed in the ability of the bank to redeem its obligations. Run was made on the National Gold Bank and Trust Company, but the bank continued paying until the closing hour, and asserted their ability to settle all demands in coin or bonds. Other banks in the city report no unusual demands on their resources. The San Francisco and Pacific Stock Exchanges held no session this evening, adjourning subject to call. The former body passed a resolution forbidding its members to do business in the interior. The late hour at which the suspension of the Bank of California occurred renders it difficult to calculate the effect on other finan1 cial interests at present.

4. August 28, 1875 The Dallas Daily Herald Dallas, TX
Article from The Dallas Daily Herald, August 28, 1875

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DOMESTIC. The National Gold Bank and Trust Company Shaky. Failure of Sterling, Ahrens & Co.Liabilities One and a Half Millions. SAN FRANCISCO, August 26, 8 P. M.-The general feeling about town tonight among merchants and capitalists was rather blue, the cashier of the National Gold Bank and Trust Company having seriously stated, to a gentleman during a business interview, that the bank would open to-morrow morning, but might have to suspend during the day. The bank during early business hours to-day paid all its gold and a good deal of silver. If successful in its negotiations to-night for coin, it may be able to ride over to-morrow A run is also expected to be made on the San Francisco and Merchants' Exchange bank. SAN FRANCISCO, August 27.-Midnight 26th-The National Gold Bank and Trust Company have sent in the following notice for publication in the morning papers: In consequence of the panic and the impossibility of obtaining coin, the National Gold Bank and Trust Company will close until further notice. The bank has one hundred and fifty thousand dollars over and above all its liabilities. As soon as coin can be obtained it will resume business as usual. In the meantime any creditors, so desiring, can have good assets of the bank to the amount of his claim. By order of the Board of Trustees. HENRY L. DAVIS, President, .

5. September 1, 1875 The Sun New York, NY
Article from The Sun, September 1, 1875

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THE PANIC IN CALIFORNIA. USING THE FINANCIAL CRASH FOR POLITICAL EFFECT. Unfounded Ramors to Influence the Elections Condition of the Broken Banks Yesterday -Ralston Believed to be a Defaulter SAN FRANCISCO, Aug. 31.-Mr. Sharon last evening. in regard to the statement credited to him that the Bank of California would resume business, said : We are moving heaven and earth to reopen. It is possible and not improbable that the bank will resume. There Is a reasonable probability of it." In reply to a question as to the rumors of an overissue of stock, the substitution of worthless paper in envelopes which had contained collateral security, and other fraudulent acts. he said : 'Iknow nothing ab out it. I have not been among the clerks or in the vaults." Mr. Bell. one of the directors. in reply to a similar question last evening, said, I know nothing of the kind.' The financial situation develops no new features this morning. The National Gold Bank, Bank and Trust Company, and the Merchants' Exchange Bank remain closed. The election to-morrow begins to engross a large share of the public attention. which is heightened by contradictory reports believed to have political significance as to the condition of the Bank of California and the prospects of its resuming. THE BANK OF CALIFORNIA'S CONDITION. In connection with recent rumors concerning the affairs of the Bank of California, respecting the overissue of stock. disappearance of securities. and other fraudulent proceedings, this much is known positively, that from three to three and a half millions of the assets of the bank have been very recently abstracted without the knowledge of the directors. How this has been done is not known at present. The directors are still busy examining the state of affairs. but it is not known when the report may be ready. being stated about town, and generally circulated, that the Bank of California will posttively resume business. The statement is diligently used here as a factor in the political problems. Within the last half hour. a personal interview was held with one of the most prominent gentlemen of the Board of Directors, who says that all such statements are premature, that an effort is being made to reorganize by forming a guarantee fund to liquidate the affairs of the bank, and afford means to resume business. and that the responses of those approached are of an encouraging nature but that nothing can yet be stated definitely. RALSTON A DEFAULTER. In answer to the question concerning the FIImors of fraudulent intemanagement on the part of Ralston, the gentleman replied: All can say about that is that Mr. Raiston appropriated the funds of the bank largely to his own use." On being asked whether there appeared to be evidence of intentional fraud on Ralston's part. he replied: Mr. Ralston got into a scrape and used the funds of the bank to help himself out." It is impossible at present to give any statement worthy of credence as to the assets and liabilities of the Bank of California. The Directors themselves do not as yet know the actual condition of affairs. It is given out that the nominal assets are in the neighborhood of $18,000,000. with liabilities of about $12,000,000. But, from the best information at present obtainable it is believed that the reliable assets will not be sufficient to pay depositors over eighty cents on the dollar, the stockholders losing everything. Much labor is yet required on the part of the Directors to ascertain the character of the assets. AN UNFOUNDED RUMOR. A rumor has prevailed that Burling Bros., one of the most prominent firms of stock brokers, have failed for $2,000,000. Inquiry fails to confirm the report. It is true that the firm is affected to the amount of about a half million by the suspension of the Bank of California, but it is believed they are able to stand it and it IS said on good authority that Mr. Sharon will back them up if any aid is needed. As indicative of the feeling in stocks. private transactions have been made within the following figures: Ophir, 40@43; Mexican, 161/: Crown Point, 24: Yellow Jacket, 63; Belcher, 18@20; Consolidated Virginia, 225 and California, 50. A report obtained circulation to-day that the Burling Brothers had hypothecated stock of the Bank of California with the Savings and Loan Society on Clay street. which proved to be an over-issue, but on inquiry, the President of the savings bank says there is no truth in the report. A prominent Front street merchant. in an interview this afternoon, gave an encouraging account of affairs among the mercantile public. No failures have occurred among them. and none are anticipated. The brokers also speak hopefully of the condition and feeling. They are generally cheerful and confident.

6. September 1, 1875 Eureka Daily Sentinel Eureka, NV
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 Ξ“oport 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-

7. September 1, 1875 The New York Herald New York, NY
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.

8. September 3, 1875 New-York Tribune New York, NY
Article from New-York Tribune, September 3, 1875

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THE BANK OF CALIFORNIA. PROBABLE RESUMPTION OF THE BANK. AUTHORITATIVE ASSURANCE FROM MR. MILLS-MEN READY TO BUY UP THE STOCK OF THE BANKRESUMPTION OF THE MERCHANTS' BANK-BUOYANT FEELING AMONG BUSINESS MEN. SAN FRANCISCO, Sept. 2.-Mr. D. O. Mills authorizes the statement that capitalists interested in the Bank of California will obtain transfers of stock from the stockholders, relieving them from liability and guaranteeing them against loss. They will also subscribe the funds necessary to place the bank in a condition to pay all demands and put it on a sound basis. Should any surplus arise in the settlement, it will be credited pro rata to the stockholders. This arrangement will go into effect in a few days. All the clerks of the Bank of California were discharged yesterday. There is reason to believe that the directors of the bank arenegotiating with the Oriental Bank of London for assistance in case of resumption. The Merchants' Exchange Bank opened its doors at the usual business hour this morning. The National Gold Bank and Trust Company report an improvement in their prospects for resumption, and the officers are evidently in good spirits. There are signs that money will soon be easier. In addition to the disbursements by the United States Treasury, the United States Branch Mint in this city will be ready to issue about $2,000,000 in coin in a few days. The prospect is brightening. and the feeling is decidedly buoyant among the business men of the city. There is a strong feeling among well informed financiers that arrangements will be made to secure the depositors of the Bank of California against any loss, whether resumption takes place or not. Especially has the authoritative assurance of the speedy reopening of the bank produced an excellent effect on business prospects. The Executive Committee of the Board of Brokers today appointed a business meeting of the Board for to-morrow, to consult on the resumption of business. A feeling of great confidence prevails. CHARACTER OF THE EFFORT TO REVIVE THE BANK. LATER.-The latest report in regard to the Bank of California is, that an effort is being made by the leading stockholders of the suspended bank to establish a new institution under a syndicate, to take possession of the assets and compromise the obligations of the old bank.

9. September 4, 1875 The Weekly Elko Independent Elko, NV
Article from The Weekly Elko Independent, September 4, 1875

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[From Monday's Daily.] FROM some unaccountable cause we received no news from the west to and in consequence can only fur a few items of general interest from Francisco, received by mail. A report that the mob, to wreak venupon the Call and Bulietin offices gutted those offices was denied, the ilitary having been called out and the suppressed. It is also stated that Spaniard named Marina, a broker for employed by the Bank of Califor but latterly in the employ of Jim attempted to kill Sharon by nooting at him. No cause for the net assigned. Clark, paying teller of the of California, is also reported to committed suicide by shooting imself through the head. The funeral Mr. Ralston, which was to have tak place yesterday, was postponed until The Trustees of the Bank will esume their session to-morrow. Noth is known of their deliberations The manufacturing enterprises in which Balston was interested, show no signs fweakness. The trustees of the Na Gold Bank have authorized the president to borrow one million dollars in coin on real estate securities. The bank is in excellent condition, and if il to go into liquidation could pay the stockholders a handsome premium paying all deposits in full. MUCH NEEDED.-We are informed by parties from Cornucopia that they have no Justice of the Peace in that for some time past, and in consejurnee the laws are disregarded to a great extent by the evil disposed better part of the citizens thereby candelized. This is not as it should be if the law abiding citizens will seA good man to fill the position we not the least doubt but that the loard of Commissioners will appoint at once. The Board assembles Monday and " petition from the source woul 1 doubtless receive rompt attention at their hands. THE following telegram was received Mineral Hill this morning: "Please correct the erronious report your last issue relating to our mills mines. They are working as usual Iditional men put to work this morp. We had not entertained n shadow of as to the correctness of the refrom the fact that the great panic easioned by the failure of the Bank California might easily have produc, such n result, and it is with intinite ensure that we record the above nnoncement. Nor So.--We, n few days since, pub, an item to the effect that we learnupon reliable authority that W, J. orbes was about to establish his paper t Corancopin. Forbes says our informisn vile prevarientor and the truth not in him, which is rough on the Virginia Enterprise," it being the of our information on that subWe BID glad to know that the BatMonutaineers are not to be deserted that W. J, is fully determined to by his friends, We shall give his tement precedence over that of the terprise, PRIVATE ScHooL-In consequence of exhaustion of the regular fund for support of the public school, Miss oding, who has been retained for time past in that institution, to opened a private school in the same with n list of thirty-one scholThe lady referred to is an accomteacher and will continue to iminstruction to the embryo men and of this favored locality until anuary 1st, at the nominal figure of $ month. The attendance sbould be nereased to double the present number REMOVED.-Hobert Oliver has transhis stock of groceries, fruits, can-

10. September 10, 1875 New-York Tribune New York, NY
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.

11. September 14, 1875 The Daily Dispatch Richmond, VA
Article from The Daily Dispatch, September 14, 1875

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THE SITUATION IN CALIFORNIA. - San Francisco, September 12.-To-morrow will be semi-monthly mercantile collection day. The money market is in somewhat easier condition, and it is believed a little mutual forbearance will enable all to pass the ordeal without disaster. Thus far merchants have shown 2 universal disposition to help each other and avoid pushing claims to such extent as to embarrass each other. There is a prospect of opening the Bank of Nevada by the 1st proximo, and the prospect of early resumption of the Bank of California has tended to increase the contident feeling in business circles, and the large transfers of coin from the Treasury and receipts from the mint have had a favorable effect. The action of the National Gold Bank and Trust Company, in accomplishing gradual resumption instead of hoarding coin against formal opening, has been of material assistance to the money market. That institution Is now doing general business, with no signs of any run upon its resources. The syndicate of the Bank of California is continuing preparations for resumption.

12. October 2, 1875 The Weekly Argus Port Townsend, WA
Article from The Weekly Argus, October 2, 1875

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Financial. The Nevada Bank will be opened on October 4th, with Louis Mc Lane for manager and N. K. Masten, cashier. The affairs of the Bank of California are progressing in a satisfactory manner; $7,500,000 has been subscribed to the guarantee fund. The annual meeting of the stockholders will be held on October 5th. As the majority of all the stock is now in the hands of the Syndicate, the re-election of the present Board of Directors is a foregone conclusion. The National Gold Bank and Trust Company are doing business as before the suspension.-S.F.Alta.

13. November 1, 1875 The Morning Herald Wilmington, DE
Article from The Morning Herald, November 1, 1875

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Run on a Bank. SAN FRANCISCO, Oct. 30.-The rumors of a weakness of the National Gold Bank and Trust Company continue. The bank.com tinued paying until 4 P. M., yesterday, notwithstanding the run. A further run is anticipated on Monday, but the bank is said to be fully able to meet all demands.

14. November 1, 1875 The Rutland Daily Globe Rutland, VT
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

15. November 2, 1875 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, November 2, 1875

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CALIFORNIA. The National Gold Bank and Trust Company. San Francisco, November 1. The Nat'l Gold Bank and Trust Co., did not open this morning. A crowd assembled before the opening hour with every indication of a continuance of a run, and the officers, as a measure of safety, refused to pay checks. The officers vouchsafe but little information. It is claimed that the bank can pay everything in full, and will resume as soon as possible, but intimating no date. The bank has been considered weak since the failure of the Bank of California; paying their small depositors only in full, and obtaining extension on larger ones. There is no apparent excitement at the other banks.

16. November 2, 1875 The New York Herald New York, NY
Article from The New York Herald, November 2, 1875

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A SAN FRANCISCO BANK FAILS. THE RUN BEGUN ON SATURDAY CAUSES ITS SUSPENSION-ASSETS DOUBLE THE LIABILITIES. SAN FRANCISCO, Nov. 1, 1875. The National Gold Bank and Trust Company opened this morning at ten o'clock, but the run begun on Saturday was evidently to be continued, and they closed at once. The statement of its officers on Saturday was so weak and pointless that no one was surprised to see its doors closed to-day. Its liabilities are $1,215,377 62. Its assets are within $3 of twice that amount. This failure has not affected the other banks. Business men were aware that it was very weak and was struggling, under disadvantageous circumstances, to recover from its suspension of two months ago. The President says that they expect to pay all the depositors within ninety days.

17. November 3, 1875 New-York Tribune New York, NY
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 Β£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 Β£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.

18. November 5, 1875 Eureka Daily Sentinel Eureka, NV
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

19. November 5, 1875 Pioche Daily Record Pioche, NV
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.

20. November 6, 1875 The Morning Herald Wilmington, DE
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

21. November 8, 1875 The Anti-Monopolist Saint Paul, MN
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 Β£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

22. November 10, 1875 Union and American Greeneville, TN
Article from Union and American, November 10, 1875

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-1113 anamond Smag Street The victims are from wealof ΠΈΠΌΠΎΡ€ ectiffer keepers, W YORK, Nov. 6.-Lewis J. suq des 'sd! ended. His assets are $250,liabilities unknown. His failS said to be the result of inju us real estate or rations. : George Walls delivered an gy on Frederick Hudson bethe Geographical Society, at er's Institute, . LOUIS, Nov, 6.-The Downparty, of Indian Territory, applied to Maj. Ingalls, agent, nited States troops to preserve Γ¨ between the factions. Inforwarded the request to hington. : LOUIS, Nov. 5.-Col. John ail pleads guilty to four counts crooked whiskey indictment. LUMBUS, O., Nov. 6.-It is y the proprietors will grant demand for coal IS quite heavy. large proprietor has yielded. EW YORK, Nov.6.-Mrs. FlorTilden has written for a letof dismissal from Plymouth rch. he San expresses displeasure Moody and Sankey have got njunction to prevent another y from printing.and circulatheir hymns. MA YORK rs, have failed. Their habil$ are $150,000. EW YORK, Nov. 6.-The followgentlemen compose the Comlee appointed by the Associaof Congregational ministers the investigation concerning Beecher: Rev. Dr. Budington, or of Clinton Avenue Church, oklyn; Rev. Dr. W. M. Taylor, tor of Broadway Tabernacle, N. Prof. B. N. Martin, of New k University; Rev. C. H. Everpastor of the Church of the itans, Brooklyn, Rev. S. H. gin, pastor of the Congregaal Church, of Harlem, N. Y. bably nothing will be done for eek or two. The committee ch was appointed last Wednes, have held no formal meeting, have they arrived at a decision arding the method of procedure he investigation. The resoluunder which they act directs n to review ail the evidence, arent and attainable, respectthe matters which brought Mr. cher before the Courts, and to ort to the Association their ings, coupled with advice as to ther the accused gentleman uld be retained in or be exed from the Association. It L be understood that the Minrial Association has no jurision over the churches as corte bodies. It concerns itself , with the personal character of r pastors, or such of them, that is belong to the New York and oklyn Association. Should the It of the deliberations of the :nittee be a recommendation Beecher be expelled, the ption of such a resolution Id not directly affect that gen han's relations to Plymouth arch. It would simply be a verof moral condemnation by the ociation. The committee is limited to any set procedure its work, and will take all the e necessary to go to the bottom his complicated subject. AN FRANCISCO, Nov. 6.-The ectors of the National Bank Trust Company resolved to d up. Liquidation to be affectin sixty days. The stockholdand depositors will be paid in he Virginia Mining Company ared a dividend of ten dollars share. HICAGO, Nov. 6.-A number of ons indicted yesterday for ald violation of internal revenue 3 appeared in Court and gave ds for appearance. The unts of their bonds range from 0 to 6,000 dollars. It is beIII DAY sereety 01 Aug that pa ments were found. EW YORK, Nov. 6.-It is said second brigade National rd will escort the Crown ce to the Centennial. ASHINGTON, D. C., Nov. 6.undred guns were fired by the ublicans this evening in honor go victories heir

23. November 11, 1875 Puget Sound Dispatch Seattle, WA
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.

24. November 19, 1875 The Iowa Plain Dealer Cresco, New Oregon, IA
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

25. June 3, 1876 Lyon County Times Yerington, Silver City, Dayton, NV
Article from Lyon County Times, June 3, 1876

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LATEST DISPATCHES. (Special to the Daily Lyon County Times.] Death of a Literary Man. SAN FRANCISCO, June 2.-W. V. Wells, for many years connected with the press of this city, a prominent contributor to The Overland Monthly, author of a work on Central America and a biography of his grandfather, Samuel Adams, died at the Napa insane asylum last evening. The Anti-Chinese Feeling. The anti-Chinese feeling is making havoc in a quiet way among the Chinese laundries and laundries of the whites who employ Chinese. The Chinese laundries have lost more than half their custom. Bank Changes. The business of the National Gold Bank and Trust Co. will be removed next week from the corner of Sansome and California streets to the corner of California and Montgomery streets, in rooms now occupied by the banking department of Wells, Fargo & Co.'s Express, Wells, Fargo & Co.'s bank going into rooms now occupied by the Trust Co. As will be remembered, the National Gold Bank and Trust Co. suspended business last November. During the interim the amount of loans outstanding has been contracted as fast as possible. and properties disposed of. The final dividend to depositors is now in course of payment. At a meeting of the directors this week it was decided to resume business under the old name, but probably with reduced capital and change of officers. The details, however, have not been fully decided upon, but the bank will resume business at an early day