The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1875-08-31

matc knowledge OF the business OF the
bank.
RumOrs were aAoat this morning Of an
attachment issued against the Bank OF
California, but reference to the records
shows nothing OF the kind yet.
It Is reported that some heavy stock
brokers, and others, who have borrowed
large sums, In one case amounting to
halfa million dollars, for the benefit Of
the Bank of California, securing their
own bills payable with the stock Of the
bank, are likely to become heavily in
vOlved. The stock Of the Bank Of Cali
fOrnia cannot be given away at present.
Collection day thus far Is progressing
with mutual feeling Of accommodation
among business men. 1t Is difficult to
see how matters stand before evening,
The funeral OF Mr.. Ralston is now be-
ing held at the Calvary Presbyterian
Church, corner Of Geary and Powell
streets. The obituary services are being
conducted by Rev. John D. Hemphill,
The General Guard Is largely represent
ed, and also many civic and benevolent
Institutions, officers and employees, vari-
ons manufacturing enterprises, corpora.
tiOn, educational and business bodies, and
also an immense C0nconrse OF citizens.
The flags Of the city are at half mast,
and many business houses are closed.
LARGE NUMBER OF PROTESTS.
Anumber Of cases were reported to-day
in which commercial paper has gone to
protest, in some instances on prominent
firms, but no disposition is shown to take
any action on the protests or to push In
dOrscrs. In the majority Of cases the
notes have been partially paid and re-
newed.
THE nANK OF CALIFORNIA UTTERLY
ROTTEN.
The commercial correspondent Ol the
Record. Union, n well.knOwn writer, and
one that has heretofore taken pretty
favorable view Of all the movements
made by the managers Of the bank makes
the following statement, which the Bull
leiin reproduCes. Meantime the inyeSti.
CATION by tho trustees into the atAirs OF
the collapsed bank has proceeded, and
some facts have gradually become known
that excite q good deal Of anxiety
to receive the forth coming report to know
the worst. 1t can be stated that the con.
dition Of the banks affairs is far worse
than ever dreamed Of, and that the Exc
cutiye Committee and Board OF Trustees,
whose duty tits to verify the monthly ex-
hibits Of the managers, has been syste-
matically deceived; for some time past
these monthly exhibits have failed to
show the true state Of the accounts. Even
II the statements that are made In well
informed circles as 10 the improper en-
tries upon the books and important Obll-
cations In the current, but not entered at
all, and over issues Of capital stock for
purposes Of hypothecating, should ulti-
mately be qualified, the fact will remain
that at the time Of the crash, the bank was
rotten throughout, the whole capital
$j,OOO,O00 and the whole surplus Of
Si,50O,0O0 on top of that are gone, and
the sad balance OF Indebtedness remains,
for which the stockholders In their indi-
vldual capacity are liable. Assets to n
large nominal amount are discovered,
upon which small percentage only
can be realized, and many are worthless.
The bank has literally been borrower
In quiet way In this market, and half n
score u the wealthiest capitalists have re-
Gently been victimized In sums counted
BY the quarter and half million. Atleast
one, who can afford It, has been bit even
more heavily.
THE FUNERAL OF RALsroN THE MOST M
POSING EVER WITNESSED IN TIE STATE.
SAN FRANCrsco, Cal, August 30,-The
funeral Of RalstOn to-day was the most
imposing ob1e1uies ever Witnessed in this
city. The services were conducted at
Calvary Church, which was crowded to
its utmost capacity, and was decorated
with flowers and funeral wreaths. A ACOn.
course OF citizens numbering probably
10000 gathered around the church. After
the services at the church the procession,
consisting Of a battalion Of cavalry, three
regiments Of infantry, one battery Of
artillery, knight Templar Lodge, Odd
Fellows, the clergy and hearse, with the
following pall.beafers, followed the re-
mains to the grave H. f. Morrow, VIM.
Burling, b. &. Mills, II. P. Wakelee,
Wm. F. Coleman, q. II. Howard, VIM.
Sharon, D. D. Cotton, s. NJ. Wilson,
Wm. Alyord, John o. Earle, Louis A.
Garnet, N. Livingston, Thomas Belle,
George s. Dodge, Peter Donahue, Col. W.
II. i. Barnes, Hon Ogden Hoffman, Hon.
Cornelius Cole, W. K, Vandeslice, W. X.
DIETRICH, A. a. COhn, Chas. Clayton;
Company G, First Infantry, guard OF
honor. The hearse was followed by the
clerks OF the Bank Of California, Regents
and Faculty Of the University, members
Of the Chamber Of Commerce, San Fran
cisco Stock Exchange, Pacific Stock Ex.
change, members and friends Of the fami-
ly in carriages, officers and employees Of
the manufacturing concerns in which the
deceased had been interested, and con-
course Of citizens numbering thousands
brought up The rear, The services at the
cemetery were conducted according TO
the rites Of Odd Fellowship. The streets
on the route Of the procession were lined
with people, and there was great gN-
thering atthe cemetery.
uoLp BANK AND TRUST co. ALL RIpHT.
At the request Of the Comptroller Of
the Currency at Washington, DR.. Hinde-
man, General Superintendent Of the U. s.
Mint in this city, has made a thorough
investigation OF the books and assets Of
the National Gold Bank and Trust Com.
pany, and found everything in n satisiac.
Tory condition, and will report the same
10 The Comptroller. The Bank will be
left free by the Government to manage Its
own affairs.
There isa rumor on the street to-day Of
a large issue Of stock Of the Bank Of
California. II IL also tumored that the
collateral securities have mysteriously
disappeared, the only trace Of them being
the envelopes in which they were sealed al
the time Of deposit. The envelopes, on ex.
animation, we're found TO contain worth.
less paper, DO. Mills, in an interview
this afternoon, stated that he knew Of no
such over.issue or disappearance Of col.
lAIerals.