Los Angeles daily herald., 1875-09-01
BANK OF CALIFORNIA RUM0RS
Western Union Telegraph Company
Circulating Injurious Reports.
ESPECIAL TO THE HERALD.1
PACIFIC COAST.
Anaheinl News.

| ANAHEIM, August 3lSt.-This morn
ing we were visited by two slight
showers. The weather is threaten
ing.
A camp meeting is i'm full blast at
Gospel Swamp. A large attendance Is
reported.
Eighty men have been registered
here this month. There will be very
large vote cast in this district.
San Francisco Markets.
SAN Francisco, August 3lst. -
Flour-Best city brands of extra can
be had at Sc 10. Wheat-The dead
| lock in the market continues; small
lot of ordinary was sold at 50. Barley
Fee, 81 45(d1 so; brewing, 81 500
| 81 rs; old brewing, 81 7O@l rs. Oats
| From 81 75G1 80 will cover feed lots.
Potatoes-The market is we'll supplied
with all kinds, and the range is from
| 81 so down.
San Francisco News.
SAN FRANCISCO, August 3lst-l:30
p. M.-The Bank of California will re-
sumo business in the latter part of the
week or next Monday. Five capital
lists, Mills, Reese, Sharon. Keene and
Baldwin, have subscribed a million
dollars each for the present needs,
| though the bank assets are abundantly
sufficient to carry them through.
Sharon said he would sacrifice his for
tune of Sl5, 100000 rather than have a
stain rest on the name of VIM. G.. Rails
ton. There is happy and confident
feeling all around.
In connection with the recent rumor
concerning the affair of the Bank of
California, respecting the over-issue of
stock and disappearance of securities,
and other fraudulent proceedings, this
much is now positively known: That
from three to three and half millions
of assets of the Bank have been but
very recently abstracted without the
knowledge of the Directors. How this
has been done is not known at present.
The Directors are still busy examin-
ing the state of affairs, but it is not
known when the report may be ready.
The financial situation develops no
new features this morning.
The National Gold Bank and Trust
Company and Merchants Exchange
Bank still remain closed.
The election tomorrow begins to
engross large share of public atten-
tion, heig htened by contradictory re-
ports, believed to have political sig-
nificance, as to the condition of the
Bank of California and the prospects
of resumption.
1t IS being reported throughout town
that the Bank of California will posi-
lively resume business. The state
ment Is diligently used here as fac
tor in the political problem, it is we'll
to state. Within the last half hour q
personal interview has been held with
one of the most prominent gentlemen
Of the Board of Directors, who says,
directly, that all such statements are
premature; that an effort Is being
made to re-organize by forming
guarantee fund to liquidate the affairs
of the bank and afford means to re-
sumo business, and that the responses
of those approached are of an encour-
aging nature; but that nothing can
yet be stated definitely in answer to
the question referring to the rumors of
fraudulent management on the part of
Ralston. He generally replied, "All
that can say about it is that Mr..
Ralston appropriated the funds OF the
bank largely to his own uses. On be-
ing asked if there appeared to be evil
dence of Intentional fraud on Mr..
Ralston's part, he replied, "Mr. Raj
ston got into snap and used the bank
to help himself out.
In addition to the seizure of the An
tioch distillery, as noted yesterday,
the wholesale liquor house of Charles
Jost, No. $50, Clay street, has been
taken possession of by Revenue
Agents, together with about fifteen
thousand gallons of spirits. 1t is also
said that extensive excavations have
beed going on in and around the prem
ises of the Pacific distillery and retin-
ing company, as though the existence
of underground pipes was suspected.
1t may safely be asserted that If any,
thing wrong is reported in connection
with the distillery business in this
city, the report thereof when sent by
Agent Clark to the Commission, will
not be pigeon-holed and it's existence
denied, as was the case when Mr..
Lyman made his investigation some
years ago, nor will Mr.. Clarke be
obliged to resign in August at the fall
ure of his efforts to prevent fraud.
Secretary Bristow does things n diff
his predecessor, and the same may be
said of COMMISSIONS Prat. The agency
of the Bank of California, at Virginia
City, was open yesterday for the ac-
commodatiOn of such as desired to re-
deem their stock on which they had
obtained advances. Special deposit
ors also received their valuables, but
no other business was transacted.
The Western Union Telegraph COmpa.
NY Bearing ON California.
SAN FRANCISCO, August 3lst.-The
Western Union Telegraph Associated
Press people of this coast, have been
telegraphing East, even after the re-
sumption of the Bank of California in
few days, is announced. 1t is well
known here that there was no hopes
whatever for the creditors of the bank,
and that those holding bank stock
were almost offering it for nothing on
the streets of San Francisco. The N.
Y. agency seems to be in full sympa-
thy, and with much diligence gathers
and sends to this coast the worst COM
ments of the Eastern press, detrimen-
tai to the interests of this State, which
they themselves have caused to be cir
culated. There seems to be deter
mined effort by the Associated Press,
both at the East and on this coast, to
hopelessly ruin the future credit of
the Bank of California, and spread
distrust generally.
For Les Angeles.
CALIENTE, Aug. 31.-The following
passengers left on Telegraph Stage line
for Los Angeles to-day: ] Lanker-
SHIN and sister, X Tuffree, A Bueri,
] G Hobbs, J Blanchard, G L Barnes,
s Sacker. j GRAY. Domingo OmiscO.