The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1875-09-02

chants Exchange BANK Ol SAn TTaH-
cisco, bv their agents III this city, hountZ
X Co.. that the assets of the bank are
over 100000, while the Liabilities are
less than one million. Mr.. kountZ said
he thought they would decide 10 resume
business in very few days.
A AContradi adiction-NOihi Authentic
Learned.
SAN FRANCISCO, September Moth
ing authentic has been learned concern
ing the resumption OF the Bank Of Call
tOrnia. In addition to the last dispatch
on that subject, during the latter part OF
the afternoon and evening. many reports
have been heard that the bank will re-
sumo in few days; tnat seven
or eight million dollars have
been subscribed for that purpose,
and that the whole matter has been de-
cided. All such items must be received
with due caution, rs tending to induce n
feeling OF certainty, which facts dom
warrant.
More Authentic and OH ciaI Informa-
ton.
NEW YORK, September l.-Tne fol.
lowing dispatch WAS received to-day and
circulated 10y Herman news agency;
SAN FEANcIsco, Aug 81, 10 AN.
Official information. The Bank of
California will pay all liabilities and re-
sumo business A guarantee fund OF
five million dollars has been subscribed
by d. o. Mills, James K. keyne, Michael
Reese and others. Everything quiet.
Signed kIEENAS.
The same news agency has also issued
another dispatch in regard to the Bank
OF California. 1t says Messrs. Mills,
Reese. Sharon, keeyne and Baldwin,
subscribed one million dollars each Tor
present needs, though the banks assets
are abunluntly sufficient to carry
them through. Mr.. Sharon said he
would sacrifice his fortune OF $lj,OOO,UOO
rather than have n stain rest o the name
of VIM. {. Ralston.
New YORK, September l.-Attach-
mentS against the proprietors OF the
Bank of California, this State, were
granted this afternoon, by judge Is q iy,
In the following cults. Dennis MoM"n"n,
$3.50; Henry a. Tuzo, $40; John 7.
Carr, 5000 gold, and Patrick Butter
field, 10000.
SAN FRANCISCO, September This
being election day the banks and many
ulacns of busiucS. are closed. Nothing
new has transpircd aS TO the affairs of
the Bank of California. The Uro"'r/e
this morning publishes II positive state
ment TO the effect that the bank has
reliable assets of fourteen million dollars,
nominal assets twenty millions, indebted.
ness thirteen millions, coin in vaults
eight hundred ard Fifty thousand dol
lar, and that guaranty fund OF five TO
ten millions is nearly all pledged and re-
sumption assured Immediately. Similar
statements are being spread abroad All
such assurances are premature according
To the information from headquarters.
An interview Just had with the directors
of the Bank OF California establishes the
previous reports that nothing new has
transpircd in the affairs of the bank. The
positive statement made in regard to lis
resumption, &c is unauthorized. In reply
t. a question the reporter received an
answer that they were trying to fix up
the organization, but did not know
whether they would succeed or not
As to the condition of the bank 1t Is an
nounccd that the nominal Assets will be
about twenty millions, and liabilities
about fourteen million. | think that the
reliable assets will pay the debts.
There is nothing new from the Nation
al Gold Bank and Trust Company, or the
Merchants Exchange Bank. Both re-
port far progress i'll obtaining coin for
resumption.
The election is proceeding quietly.
Merchants Exchange Bank.
SAN FRANCISCO, september 1.-The
Merchants Exchange Bank will open
tomorrow morning. The President
states positively that sufficient amount
has been collected in the regular way OF
business to enable the bank to meet all
demands. A notification OF resumption
will appear in the evening papers.
There is nothing new in financial
affairs. The Directors of the Bank OF
California will not resume their session
till tomorrow morning. The feeling in
bank and commercial circles is quiet
Business Is mainly suspended on account
of the election.
S.ovri,,.s nr Rank or California.
TT'',,,,.r,,' S.,,,on,,o. Ir,,,i.
n.-,T'o' .l,'' ,,ain -, cha ,r,aa.',r,
nonar,,n",t ,or ~" @ to.Jay relative to the .rcur-
t;cl danns,ted for the rrdrmptiou OF gold
rotes issued by the National Gold Bank
of California, to which the Secretary OF
the Treasury and Comptroller rep led that
the security was ample beyond all ques-
ton The whole issue of gold notes to
the National Gold Bank of California i.
= 400 OO9, for which the treasury holds
ms security s3,O0o.0OO in L. 5. bond,
nj