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

View Charter #1994 on SPMC

Bank Information

Episode Type
Run β†’ Suspension β†’ 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
3270882407dc8e3d

Response Measures

Accommodated withdrawals, Borrowed from banks or large institutions, Fed/other loan, Public signal of financial health, Full suspension, Books examined

Description

Articles describe initial runs and a suspension during the August 1875 panic tied to the Bank of California failure, the bank reopening (by Sept. 9, 1875) and later experiencing another run beginning Nov. 1, 1875 that led to its closing and entry into voluntary liquidation in early November 1875. OCR errors in some articles corrected (e.g., Trust Co. / Trust Company standardized).

Events (7)
1. June 3, 1872 Chartered
Source
historical_nic
2. August 26, 1875 Run
Cause
Local Banks
Cause Details
Run coincided with and was triggered by the suspension/failure of the Bank of California and panic on California Street (other local banks' failure produced heavy withdrawals).
Measures
Paid out all its gold and a good deal of silver; continued paying until closing hour; sought coin arrangements/loans.
Newspaper Excerpt
A run was made on the National Gold Bank & Trust Company, but the bank continued paying until the closing hour
Source
newspapers
3. August 26, 1875 Suspension
Cause
Local Banks
Cause Details
Unable to meet heavy demands for coin following the Bank of California suspension and citywide panic; suspended business temporarily to examine affairs and obtain coin.
Newspaper Excerpt
The National Gold Bank and Trust Company closed its doors in consequence of inability to meet demands made upon it during the financial panic.
Source
newspapers
4. September 9, 1875 Reopening
Newspaper Excerpt
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 ... The affairs of the National Gold Bank and Trust Company are proceeding favorably.
Source
newspapers
5. November 1, 1875 Run
Cause
Rumor Or Misinformation
Cause Details
Contemporaneous accounts attribute the recent run to a misunderstanding: a statement about the 'Trust Fund' was mistakenly understood by some to refer to the 'Trust Company', provoking depositor alarm.
Random Run
Yes
Random Run Snippet
statement 'Trust Fund' mistaken to refer to 'Trust Company', causing run
Measures
Refused to open/pay on Nov 1; officers announced no payments would be made during threatened panic; sold bonds and sought coin earlier (prior measures).
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
6. November 2, 1875 Suspension
Cause
Voluntary Liquidation
Cause Details
Following the November run and inability/prudence to open, directors/stakeholders resolved to wind up; official notice of voluntary liquidation sent to Comptroller of the Currency.
Newspaper Excerpt
The Controller of the Currency is to-day in receipt of a telegram from the President ... officially informing him that it has gone into voluntary liquidation under the provisions of the National Bank act.
Source
newspapers
7. September 1, 1879 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (25)
1. August 27, 1875 The Cheyenne Daily Leader Cheyenne, WY
Article from The Cheyenne Daily Leader, August 27, 1875

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(Signed) HENRY L DAVIS, President." There is a general feeling about town to-night of rather a blue nature. The Cashier of the National Gold Bank and Trust Co. stated to a gentleman in an interview this evening, that the bank would open this morning, but might have to suspend during the day. This bank paid out all its gold this afternoon and a good deal of silver. If it can make arrangements to-night for coin, it may be able to tide over to-morrow. A run is expected on the San Francisco and Mer chants' Exchange banks to-morrow A meeting of the bank presidents has been called for this evening, to concoct measures for their relief. The Board of Brokers have also called a meeting.

2. August 27, 1875 Pioche Daily Record Pioche, NV
Article from Pioche Daily Record, August 27, 1875

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jury presented a final report yesterday. 0 They found a true bill on two charges of embezzlement against Miller alias Woodruff, defaulting Secretary of the Contract and Finance Company. The charges against ex-Assessor Rosener were ig. nored. Referring to latter case the jury say they have been afforded every opportunity for obtaining evidence by the Distriet Attorney. The jury found a true bill on three charges of embezzlement against Chas. J. Kuchel, the boy operator in stocks, whose operations caused so much talk a few weeks ago. SAN FRANCISCO, August 26.-The general feeling about town to-night is rather blue. The cashier of the National Gold Bank & Trust Co. stated to a gentleman in an interview this evening that the bank would open in the morning, but might have to suspend during the day. This bank paid out all its gold this afternoon and a good deal of silver; if it can make arrangements to-night for coin it may be able to tide over to-morrow. A run is expected on the San Francisco and Merchant's Exchange banks to-morrow. A meeting of bank presidents is called for this evening to concert measures of relief. The Board of Brokers have also called a meeting. At 5 p. m. the representatives of presidents met in the President's office of the Bank of California. The following written statement was read: Office of Bank of California, Aug. 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 agencies we do not propose to make a statement as to the situation of the bank, but are now examining the 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, no doubt they would be able to meet all obligations. In reply to a question as to 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." Ralston further stated that about one million and four hundred thousand dollars had been paid out today. No assistance was received from other banks, though application was made forit. He had telegraphed to all the agencies of the bank to close; he thought no banks in the interior would beaffected by the failure, The excitement on California street is intense. The street was blocked during the entire afternoon. The crowd is, on the whole, quiet and good natured, and much confidence is expressed in the ability of the bank to redeem all obligations. A run was made on the National Gold Bank & Trust Company, but the bank continued paying until 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 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 financial interests at present.

3. August 28, 1875 The Arizona Sentinel Yuma, Arizona City, AZ
Article from The Arizona Sentinel, August 28, 1875

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BY TELEGRAPH. Special to the " Sentinel.* Foreign and Domestic. --SAN FRANCISCO. Exciting News-The Bank of California Suspended SAN FRANCISCO, August 26.-A most tremendous excitement on the streets ! The Bank of California suspended ! Bank closed at forty minutes past 2 o'clock this afternoon. Thousands of excited depositors beseiging mining stocks have done the work as follows: Question-Will the Bank open in the morning Answer-No. Question-When will the Bank open ? Answer-We do not expect to open again. Question--Do we understand you correctly ? Answer-We do not expect to resume. Question-Have the other Banks afforded assistance Answer-No. Question-Have you asked their assistance ? Answer, hesitatingly-We have asked. Here the Secretary read the resolutions adopted by the Directors above mentioned which is the official announcement of the suspension. "Office of the Bank of California, August 26th.-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 our agences we are not prepared to make a statement as to the situation of the Bank, but we are examining our interest critically, and will at the earliest possible moment make a definite report. By order of the Trustees. Signed, S. Frankel, Secretary." The Bank paid about one million four hundred thousand dollars in coin, to-day. When Mr. Ralston said the Bank would not resume, the silence in the apartment was oppressive. There was a run on the National Gold Bank and Trust Co., in the afternoon, out the coin to but the they paid up closing hour of the day. No one can to tell what day will bring forth. The Stock Boards closed at once and all business directly or indirectly was ordered suspended. Movements of Gen. cheridan---Mechanics' Fair. SAN FRANCISCO, August 25.General Sheridan took a drive yesterday behind Jas. C. Keanes' four-in-hand. In the evening he attended the California Theatre. To-day he will visit the mint. The banks of this city will be closed on the 9th proximo, it bea It is ing legal holiday. probable that the wholesale houses will also close on that day. Receipts of the Mechanics' Fair, on Monday amounted to $2,712.25. Miller Indicted. SAN FRANCISCO, August 26.The Grand Jury has indicted on two charges, Miller, alias Woodruff, the embezzling Secretary of the Central Pacific Contract and Finance Company. Gold and Greenbacks. Gold in New York, 1131. Greenbacks in San Francisco, 88@881. WASUTOO

4. August 30, 1875 New-York Tribune New York, NY
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.

5. August 31, 1875 The New York Herald New York, NY
Article from The New York Herald, August 31, 1875

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ACTION OF THE SECRETARY OF THE TREASURY. WASHINGTON, D. C., August 30, 1875. Further transfer of coin from the Sub-Treasury at San Francisco to banks in that city and State through the New York Sub-Treasury has ceased. The amount of coin in the hands of the Assistant Treasurer in San Francisco is only adequate to the demands of the bullion fund, and whatever sympathy the Secretary of the Treasury has for the embarrassed community he is obliged to serve "Uncle Sam" first. The temporary suspension in this connection of the National Gold Bank and Trust Company of San Francisco, with the inquiry into its solvency now going on, raises an important question in every business community and every national bank. The bank, it is admitted, may have voluntarily closed its doors, but not to go into liquidation, and, after a careful examination of its assets and liabilities, may be reported perfectly solvent. Can the Comptroller of Currency then permit it to resume business? This question, the Acting Comptroller to-day said, was novel to the bureau, the nearest approach having been during the panic in 1873, when the Chicago banks proposed to temporarily suspend. The matter had here additional interest to-day growing out of reports from Baltimore that several of the leading national banks of that city might experience temporary difficulty on account of the failure of Stirling, Ahrens & Co. Until the report of the San Francisco Bank is received no official expression of opinion will be given, and perhaps not then until the notes of the bank are presented for payment, under protest, from the officers of the bank. N. B. Langford, National Bank Examiner for the Pacific Coast, has been directed by the Comptroller of the Currency to proceed to San Francisco to examine into the affairs of the National Gold Bank and Trust Company. OPINIONS OF THE PRESS. The democratic organ in this city, the Examiner, referring editorially to the efforts of several "ring" journals to charge certain independent newspapers with responsibility for the recent financial trouble by their criticisms of the course and conduct of Mr. Ralston, says:"We do not believe these assaults on Mr. Ralston and his contemplated schemes caused the suspension of the Bank of California. That concern was wrongly conducted, and it reached the conclusion which befalls all missmanaged institutions of like character. But if the journals named are justly chargeable with the suspension of the bank they deserve credit therefor. The rottenness of its condition could not be exposed too soon. While we sympathize with the losers by its failure it is better for the public that the crash should come before hundreds of others of our fellow citizens became involved in ruin. The San Francisco commercial correspondent of the Sacramento Record Union, a well known writer, and one who has herotofore taken a pretty favorable view of all the movements made by the managers of the Bank of California, makes the following significant statement, which the Bulletin reprints:-Meantime the investigation by the trustees into the affairs of the collapsed bank has proceeded, and some new facts have gradually become known that create a good deal of anxiety to receive the forthcoming report and know the worst. It can be stated that the condition of the bank's affairs is far worse than dreamed of, and that the Executive Committee of the Board of Trustees, whose duty it is to verify the monthly exhibit of the managers, has been systematically deceived for some time past. These monthly exhibits have failed to detail the true state of accounting. Even if the statements that are made in well informed circles as to improper entries upon the books and important obligations incurred but not entered at all, and overissues of capital stock for purposes of hypothecating should ultimately be qualified, the fact will remain that at the

6. 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.

7. 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-

8. 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.

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 10, 1875 Chicago Daily Tribune Chicago, IL
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.

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. October 31, 1875 Los Angeles Daily Herald Los Angeles, CA
Article from Los Angeles Daily Herald, October 31, 1875

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THE people of San Francisco are liable to panic. They catch it as easy as a boy catches the measles. Yesterday, without cause or provocation, a run on the National Gold Bank and Trust Company was inaugurated, and for a few hours things were lively in that vicinity. At the hour of closing the bank announced that it would resume the work of paying out on Monday if people called for their money.

14. 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.

15. November 3, 1875 Gold Hill Daily News Gold Hill, NV
Article from Gold Hill Daily News, November 3, 1875

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The Suspended Bank. On Saturday ovening last the readers of the NEWS were informed, through a private telegram received, of the closing of the National Gold Bank and Trust Company at San Francisco. We give the following further intelligence relative thereto copied from the San Francisco Alta of yesterday: The National Gold Bank and Trust Company did not open its doors for business yesterday morning. A crowd had gathered by 9 o'clock, including a number of anxious depositors, some of whom were admitted. When the hour of 10 arrived it was evident that another "run" was imminent, and, as the supply of coin was not sufficient to meet it, the officers of the bank determined not to open. General Thompson, Cashier, announced that no payments would be made, as it was not thought prudent to open the doors during a threatened panic. He said arrangements were being made to pay depositors in full as quickly as possible, and that a statement of the affairs of the institution would soon be made. The disappointed depositors departed, and the crowd soon after dispersed. CONDITION OF THE BANK. Inquiry of the bank officers elicits the following: Owing to the suspension of the bank on August 26th, it has had to redeem its notes in an unexpected volume, although it has been short of coin. As a result, the officers applied to the Sub-Treasurer for assistance, and provided the coin for that purpose by selling $500,000 in bonds in New York. This left them a balance of $500,000, for which they had $400,000 gold notes on the 1st of October. nearly all of which was in circulation. Since then the officers have been gradually calling in their notes, canceling them and sending them to Washington, and withdrawing a due proportion of bonds. The design has been to reduce the note circulation to $40,000, for which it was proposed to leave $50,000 in bonds in Washington; and so the bank could retain its organization as a National Bank and provide itself with $200,000 more coin from the same capital, and another $200,000 more coin to loan by abolishing the reserve necessary to be kept when the note circulation was $800,000. Since the resumption of the bank it has been steadily getting back its old businees, and it was believed that its trouble was over. On Tuesday last the deposits were $670,000, and up to Saturday noon everything went along swimmingly. Mr. Henry L. Davis, President of the bank, went down to Santa Clara on Saturday, for a respite from his labors, which have been heavy since the suspension. He had hardly reached his destination when he was astonished by a telegram announcing another "run." He returned yesterday morning. He states that no new loans have been made since business was resumed, and the greatest care has been used all along. The bank was unquestionably solvent, but, like all others, it could not respond to overydemand upon call. No answer could be given to the question when it would resume, or whether it would resume at all. General Thompson said that the disbursements by the bank on Saturday amounted to $642,000, and that there was $100,000 on hand yestorday morning with which to commence business. A telegraphic transfer of $250,000 had been expected from Washington this morning, but its failure to arrive had not been the cause of the failure to open the doors. An approximate statement of the bank's condition is: Assets, $2,426,281 17; liabilities, $1,215,377 67. The assets are good, and can be realized within ninety days. THE FEELING. There was little or no excitement yesterday over the failure of the bank to open. There was no run on any other bank, and financial circles were not agitated. It is believed that the bank is solvent, and that no serious trouble need be looked for, although it cannot be said whether the bank will reopen or how soon it can wind up. A meeting of the Directors will be held to-day, at which some definite action will probably be decided upon.

16. 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.

17. November 4, 1875 Lyon County Times Yerington, Silver City, Dayton, NV
Article from Lyon County Times, November 4, 1875

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TELEGRAPHIC. SAN FRANCISCO, November 2. The Directors of the National Gold Bank Trust Company are holding a meeting to-night to determine upon A a course of action for the bank. lively discussion is going on but no conclusion has yet been arrived at. It is stated as an explanation of the recent run upon the bank, that it originated in a misunderstanding; that some unfortunate investment had been made of a portion of the Insurance Fund of the Board of Brokers by the custodian of the fund -Mr. Winans-who made the loss good from his own pocket. At the closing of the Board the President announced that the "Trust Fund was all right." This was understood by some, by mistake, to refer to the "Trust Company," and the statement that it was all right at once aroused the suspicion that it might be all wrong, and hence the run on the bank. Weather clear and bright and the rain apparently over. Among the malcontents with the awards of premiums at the Mechanics' Fair is v. S. W. Parkhurst, who brought suit to day in the Third District Court against the Mechanics' Institute to compel the delivery of the gold medal awarded by the Judges of the late exhibition for Howe's patent weighing scales, for which plaintiff is sole agent in this city and county. The San Francisco Presbytery, at a meeting yesterday, deposed Rev. Dr. Woodbridge from the pastorage of Cavalry Church, on account of dissensions in the congregation. This action in no wise effects the character of the reverend gentleman. Colonel John McComb, of the Alta, arrived from the East this evening, and is now being escorted to Armory Hall by the Second Regiment, N. G. C., where there will be a reception and reunion. The Committee appointed to revise the Constitution of the Bank of California-consisting of Judge Hagar, George H. Howard, William Sharon, H. W. Carpenter and Charles Mayne-met the stockhold. ers to-day and reported that in view of the fact that the bank would probably be recognized at an early date, with a new Constitution and ByLaws, they deemed it inexpedient to make any change until then. It is intimated that the new organization will go into effect in about three months. WASHINGTON November 1. Several pastors of this city, of dif ferent denominations, who were apprehensive that the Government was about to abandon the peace policy toward the Indians, called on the President to day to express their conviction that such a course would greatly disappoint Christian people all over the country and be a blow to the cause of Christianity through out the world. The President, with great promptness and propriety, replied that he did not regard the peace policy as a failure, and it not only would not be abandoned while he occupied that place, but it was his hope that during his administra tion it would be so firmly established as to become the necessary policy of his successor. WASHINGTON, Nov 2. The following statement of the total coinage for the month of October has been prepared at the office of the Director of the Mint Goldnumber of pieces, 215,251 double eagle, value, $4,305,020. Trade dollais-number of pieces, 860,000; value, $860,020. Subsidiary silver -number of pieces, 532,000 halfdollars, value, $268,000; quarterdollars, value, $248,000 dimes, value, $90,000 total, $604,000. Minor coins-1,620,000 pieces, onecent bronze, value, $16,200. Total number of pieces, 5,119,241; total value, $5,785,220. The proceedings of the Third District Court of Utah ordering the imprisonment of Brigham Young until $9,500 be paid by him to Anna Eliza Young, have been broug ht to the attention of the Attorney General, and will be made the subject of Cabinet consideration with the view of determining the axact status of the case. The question presented is, whether the arrest of Brigham Young could be made on the grounds claimed by the woman for the reason that her marriage with Young was illegal, being contrary to the laws of the United States, and that she cannot take advantage of her own wrong. LONDON, November 2. The Bank of England rate will probably be lowered by Thursday. There has been another heavy withdrawal of bullion from the Bank of England to-day. The amount on balance aggregates Β£534,000, mostly for Germany. The King and Queen of Denmark, and their daughter Princess Thyra, accompanied by Prince John, of Sehleswig-Holstein, Sanderburg and Glucksburg, arrived in England today. The royal party was met at Dover by the Princess of Wales and escorted to London. The distinguished visitors will remain till the beginning of December. Notwithstanding the regular Mich. aelmas term has been abolished, Lord Cairn, the Lord Chancellor, extended the customary reception to

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 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

21. 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

22. 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.

23. 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

24. June 3, 1876 Pioche Daily Record Pioche, NV
Article from Pioche Daily Record, June 3, 1876

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PACIFIC COAST. SAN FRANCISCO, June 2.-Dr. Clark was to-day given charge of the pest house, where he will reside during the prevalence of the small pox. Hitherto medical attendance has only been afforded at stated hours of the day. Further facilities and comforts for the patients have been also provided and the hope is expressed that the the worst is over, although the strictest vigilance will continue on the part of the authorities. Regarding the proposition to put exGovernor Woods on the ticket as VicePresident, further inquiry leaves the authors of the movement somewhat doubtful, though it seems probable that federal officials favor the project. At a meeting of the 11th Ward Anticoolio club last night, a letter from Senator Sargent was read, the point of which was that the recent incendiary, talk of 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 harmless as doves, as the only way to accomplish anything. The British steamer Quang Se, which sailed for Hongkong yesterday, took away about 400 celestials. W. V. Wells, for many years connected with the press of this city, and a prominent contributor to the Overland Monthly, author of the work on Central America and a biography of his grand father, Samuel Adams, died at the Napa insane asylum last evening. The anti-Chinese feeling is making havoc in a quiet way among the Chinese laundries and laundries owned by whites who employ Chinese. Chinese laundries have lost more than half 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, Wells, Fargo & 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 business last November. During the interval loans have been contracted as rapidly as possible and the proprietors have disposed of the final dividend to depositors, which is now in course of payment. At the meeting of directors this week it was decided to resume business under the otd name, but probably with reduced capital and a change of officers. The details however have not been fully decided upon but the bank will resume business at an early day.

25. June 13, 1876 Los Angeles Daily Herald Los Angeles, CA
Article from Los Angeles Daily Herald, June 13, 1876

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NEWS OF THE MORNING. At church on Sunday morning Blaine was taken suddenly ill and remained unconscious for five hours. Our dispatches now report him so far recovered as to be out of danger. Walter Monteith, one of the original proprietors of the town site of Albany, and extensively and favorably known on this coast, died at his residence yesterday afternoon of Pneumonia. The Republican National Convention meets at Cincinnati to-morrow. A Cincinnati dispatch says the serious illness of Blaine, just confirmed by a semi-offcial dispatch, increased the excitement among the delegates. No one ventures to predict the probable result. The Herald's Cincinnati dispatch says Biame's supporters mean to make a thorough trial of his strength on Wednesday. A Washington dispatch dated the 11th says Kerr has been confined at Willard's Hotel in a very feeble state of health all day. At 10 P. M. he was reported a little easier, but his friends still express great anxiety. From Cleveland the 11th we have the announcement that about three hundred citizens met last evening to express their views favoring the nomination of Bristow. The news reached San Francisco yesterday that James H. Latham, the well known stock broker had died suddenly while on his way to Europe. The National Gold Bank and Trust Company of San Francisco have resumed operations. A Vienna correspondent gives a denial to the prevalent reports and declares that there has been no question of a new conference between the three Imperial Chancellors. A Berlin dispatch says that it is expected that the insurgents will suspend hostilities in consequence of Russia's action in regard 10 Servia and Montenegro. The Sultan's demand that they shall lay down their arms and loyally await reforms will hardly be supported by Russia or accepted by the insurgents. A telegram from Constantinople says the eldest son and mother of the late Sultan have been murdered. The funeral of George Sand took place at Nahant yesterday, and was attended by thousands of persons, although a heavy rain prevailed. Prince Jerome de Napoleon an Alexandre Damas were among the pall-bearers. Paul Meurie read a eulogy by Victor Hugo.