, 1875-08-29


men do not ap7rehend failures on Monday, col
lection day Tho rruors relative to the popula
| feeling and demonstrations against the Buueti
and c0u we're idls ut;e:ances Of excited n1ivid
aatst and inceudary efforts On tho part Of somt
paraos personally and politically hostle to those
journals to create ennaitT against them The
attempts fell sriIlborn,
THE TRUSTEES MEETING.
It is Impossible at present To obtain suv info,-
nation concerning tho proceedings Of the
Trustees Of the Bank Of California. They sre
ETH IN secret eession, positively refuse to
admit any one, or give out any light aa to the
nature Of their deliberations
THE NATIONAL GOLD sAxk.
The Trustees Of tho National Gold Bank and
Trust Company this evening authorized tho
President and Caahier to borrow 91 .0()o of}) in
coin on real estate. The securities Of ,ha hant
afe IN excellent condition. If it we're to 20 into
liquidation it could pay the stockholders hand
soma premium litter paying deposits in full.
TIE CENTRAL PACIFIC.
As far az Can 1t present be learned CONCERNING
ahairs between the contrtl Pacific and tho Bank
Of California, the bank owes Stanford 800 600
advanced Soma time ago. Central Pacific OIL
cials are disposed 70 be reticont but say the
I
tbs bank.
TIE rLooD-o'BB1xy PAR11.
NEW YoRK, Aug. 25.-One gentleman, who
ssems thoroughly informed regarding the inan-
cial business OF Caifornis, stated that the Flood
o'Brien party. though distinct from the clique
Of the Bank of California, had in no way {oioed
in m ATTEMPT to compel its suspension. but, On
the contrary, for several montha, ever since ths
T11n aF1h0 NJ
published last spring. had done everything in
their power TO sustain the tottering iosti-
tuition. To this erd, the incorporators of
the new Bank Of Nevada had received q propo-
asion from the Directors Of the Bank Of Cali
fornla to purchase their good will, but, on an
investigation OF the books being made, it was
evident that this could not be done, except at
great loss, At the terms proposed In general
terms, the Flood and O'Brien party thought they
had gained supremacy in the great Nevada
mines, to the exclusion Of the Bank Of Cali
fornia, but did not caro- to see the latter fall to
the ground. On account Of the damaging effect
that it would have. not only upon their Owl In
terasts, but throughout the East.
TIE NEW YoRK Agents..
Mr. Laid1aw, Of LaidIev l. Co., the New York
agents Of the Bank Of California, states that the
the subject OF tho suspension was contained in
the morning papers. Since then, up to late
hour yesterday, they had received no additional
information to that which had already been pub
ished. Mr.. Lsidlaw says that all the bills
drawn by them had been indorsed - Agents Of
the Eank OF California, and consequently they
were not individually involved.
NEW YoaK aPEcuIAuosn.
Nxur 4r1rr f1xA
''The advices from San Francisco contain moth
ing startling, aud al to tho effect that anairs
are mendiug. The latest dispatch, in which ve
place implicit confidence, Ia to leading bank
ing-house here, from their correspondent there.
1t WAS dated At O'Clock yesterday, aud received
this morning. 1t says that the panic is over,
and confidence is returning. Coin is scarce, but
transfers. from Now York will probably BE- re-
ceived. The trsnafers referred to are those
made yesterday through the New York Sub
Treasurer'a bankers putting gold into the Sub
Treasury hers, and on telegraphic notification
taking it out Of the Ban Francisco b-Treasu1y.
The impression prevails that tho San Frsncisoo
Stock Exchange will be opened. We also hear
that there has been no run on the banks in the
interior Of California
The estimates Of the liabilities and assets OF
the Bank Of Callfornia, which haye been sent on
hero, arc that the former amount to about 114,-
600 ooo and the latter to from 5000, 900 to
Ss 900 @ Whether 81 sbg fhe bs4f, ss have basn
a8haa6le to ascertain. Beyond doubt it makes |
no important difference to the deposto1n au1
creditors Of the bank. rs it they ara liable the
creditors will get dollar for dollar, one OF the
stockholders OF the bank alone being reputed to
hage property to the amount Of $40, 000,0CQ.
AID FROM WASHINGTON.
.spectdl DsspdtcA to The C4seooo Tribune.
WASHINGTON, D. c. Aug. 28.-The total t
amount of teeeraphio transfer OF gold from
New York to San francisco, upon which the
Treasury has decided, is 81 500. 900. Telesrsphin
pijeations have been received for 5000. 900.
New YoRK, Aug. 28.-Applcations were made
at the Sub-Treas1ry for tho tranefer Of SG00, 600
10 gold to San Francisco. Only $12o. 600 in coin
has been deposited On thase applications, Tor
which tslegrapbic transfers have been issued
rhe Treasurer eAvs he will not igaue transfers
beyond total Of 81, 500, ,ooo-
Some demand sterling has been sold as cheap
a. S4.88 net to the pounds sterling, drawn on
tha London correspondents OF one OF the San
Francisco bauks, and the proceeds transferred
BY telegraph.
A published communication late to-day con-
firms the story sent early this forenoon that it is
tue failure OF tho Bank OF California by locking
up cold, ETC., az the Bank OF Nevada ID
not yet In operation lts manager. Mr.
Louis McLane, arrived at San Francisco from
with his family only one week before
the failure, and could scarcely have begun 70
nut matters in shape for opening business on or
soon after Sept, 1. Louis McLane was formerly
manager Of Wells Farg6 d Co.'S house IN San
Francisco. Flood i O'Buen never have been in
tho banking business, but are "e'l-known and
known in California in MAY last that Mr. Ralaton
was seriously embarrassed, but not that his op-
orations had involved tie bank.
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