davidaulloa/AmericanStories huggingface dataset:
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
SHERIFFS SALES,
Mrs. Priscilla Benrly W.. J. A. Lane.

Mrs. Priscilla Bently vs.. J. A. Lane.
CIXTH DISTRICT COURT FOR THE PARISH OF
- Orleans No 7444:-Bv virtue OF 2 writ Of aeri
facias sgsnst John A. Lane, to me directed. by the
honorable the Sixth District Court for the parish
of Orleans in the above entitled cause, will pro-
coed to sell at public auction at the MerChan
and Auctioneers' Exchange, Royal street, between
Canal and Customhouse streets, in the Second
District Of this city, on SA rURDAY, July 3. 1875,
at twelve O'Clock 81, the following described prop
ertv to wit -
buildings and Improvements thereon, situated IN
the Sixth District of this city in square bounded
by Plaquemine Tor Coliseum Soniat, Dnfossst and
Chestnut Streets square number thlrty-elgh OF
FaEbOurg Avart and number two hundred and
ninety eight new plan of City of Jefferson. Said
lots are designated by numbrs ten and eleven on
subdivision plan made bv H. c. Brown, surveyor
of the City of Jefferson. on the fifteenth of Janu
ary, 1868 deposited in the Office of X. C3mmagere.
parish recorder; sketch is annexed to an act OF
sale from Friend to Hafner June II. 1868. Lot
number eleven has f0rty-two feet 'front.' between
parallels lot number ten has entV.esht
fees six inches front on Soniat street. By depth
of ore hundred and twenty five feet. bet~ cen
paralleilines. Acquired by the defe ndant herein
from Joseph Hafnsr by act before W. j. Casfell,
notary public III this city. on the fourteenth De-
cember 1871.
Seized in tho above suit.
Teyms-Cash on the spot.
EUGENE wAGGAMAN
jeI 20 iyc Civil Sheriff Of the Parrish of Orleans
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
Ayac, nl R9nsselin vs.. Euphron

AayAcInthe A0nsseliR -. EuDhrn.. :,
Aaghon, widow of Antoine Che vil!on
Sl2TH DISTRICT COURT FOR THE PARISH o..
- Orleans. No. 7s25.-By virtue Of a writ os a.. ".
IRE and sale 10 me directed by the honorabI SCI
~. slxtn District Court for the parish OF Orleans w
Ins ABOVE entitled cause will proce ed TO seIi -
h1ch anRe, Royal street, between Cana! and c..
to a1 streets in the Second District OF tb',
t oa fol1oWna July 20 1915 at twelve ociocs
THE UNDIVIDED HALF Which be eI ~as1 to ~.
one of herein in TN property and the usufrucs
described properties, to wit: N0 AoA""'As
~ l.: LOi OF GROUND. situated in the Faubou-,
by the numSer tbssn e. Of this city and designated
Ursnllnes. st. Claude and Irene streats on
s isso an% n oy T. T. de Armas, dated September
and twelve in tine Office Of Tha"do Two nundrei
notary public In this city: said lot Of uayoa
inches i've iines rom meeasure ftytwo feet ten
nnythree feet three inches two Inc. street S' oy
n" ven a parallel lines Together with ali the bud
4 1na dependencies without exception ~
sam. r. as s.,4es LOT OF GROUND situated in tn.
measure thirty eight feet i've inchs. 9lont f6enen
dentb , street. by one hundred and aftv feet il,
Longing to the Misses Coraiie and C pfGpepty
Hsas On the other side by the propertv Of Helene
provenents Of fSw with all the buildings and i'm
&c. thonts tnereOn. circumstances and iependep-
cles tnerennto belonging, without az e1rention
VI 1oscTVALOU.
~, - AND LOT OF GROUND situated in the Sec
Cno district of this city in the square bounded bv
-Sust0mhouse Bienvilie, Irene and marais strsets
s nI 10y measuring In American measure thirty
eignt feet hve inches front on Marais street by
hhlnoety'hve feet ten inches seven lines in DEPTH
between parallel lines, bounded on the side to-
yard Customhouse street by the property of Pierre
0aiiot; together with all the buildings aod i'm
Piovements thereon, circumstances and dependen
c1es, wlLh0uI any exception reserva alton
H. The USUFRGCT ONLY OF LOT OFGROrTCn
together with the buildings and improyeman1
tnereon situated in the FaubOur9 Treme Eecnn;
Dlatrlct OF this city, designated by the numher on
On plan drawn by Joseph Pile then a snrva Un
N this CITY, annexed to the act of sale thsrso,
passed before I. De Armas. late a notary nnhi;c T.;
snis city. on the eleventh Of July, 1855 Sad lnt
measures, according to said plan In French 49, o
Lefty Iset 'front.' on Robertson street BY one
i hnns IN depth on the line the right side one
uas Sc ana hfteen feet one inch We and one.baVf
lines ~ dep,h on the other side on the left on the
me which divides it from lot humber tn ~ ~ .ad
1 1e ana thlrtyone feet eight inches i've and on
nam INES on the rear line, separating II from ~.
1s VII IuIty appear by reference to an act ,assed
dste1 MI, % fospqion. notary public in this civ
seized In the above suit
Terms-Cash on the spot.
ls'' 70 J552e Civil Sheriff Of the Parish o. o-saaa
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
Real Estate Transfers.

The following are the real estate transfers
for the week ending Thursday, July I.
copied from the books OF the mortgage
office:
Lot No. ., in square bounded by Grav:er.
Carnndelet. Union ard St. Charles streets;
sold June "A fog $4,000; cash $4,000. mort
gage $4,000.
Lot No. 5. in square No. IS, bounded By
sold June "a for sI25; cash s31 %.
Lots Nos. |, ., 3, 4, S, l6, II, Is, 70 and 20,
square No. q; bounded by Magazine. 10
seph, Camp and Arabelia streets; sold June
p for $3.50: cash $3S7 50. mortgage
Sligo 50.
Lot No. %. N square No. l5, bounded by
Joseph. Jersey. Laurel and ArabeLs streets,
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
George Dirmsyer ". Rudolph Beer.

N'CVA8C OEuCyeg vs. hN0OIpH Beer,
SIXTH DISTRICT COURT FOR THE PARISH OF
~ Orleans. No. 782l:-By virtue of writ OF seizure
q, sale to me directed by the honorable tho sixth
District Court for tho parish OF Orleans. in Tho
ABOVE entitled cause will proceed to sell at pub.
lie auction, at the Merchants and Auctioneers' Ex.
change, Royal street, between Canal and Custom.
h0uae streets. in the Second District of this cty.
on TUESDAY, July 20, 1875, at twelve o'clock N.
the following described property, to wit
CERTAIN LOT OF GROUND, together with all
the buildings and improvements thereon and ali
rights, ways privileges and advantages thereto
De longing or in anyNise appertaining to the same
ana situated IN the Fourth District Of this city in
and Dryades reefs and desgnat ed by the letters
A, B, G and b. as par plan drawn bv L. q. Pile,
surveyor s, under date Of the thrt zenith day Of
July. 1872 and deposited in the office of Jose oh
Cohn, then and still notary public in this civ
VIII oh said portion Of ground measures, in Amer.
lcan measure, eighty feet front on Baronne street
by one hundred and thjrty,sx feet in depth. be.
purchased by defendant herein from plaintiff
herein A. per act ted the first OF August, 1872
and passed before said notary Joseph Coha
Seized in the above suit.
Terms-Cash On the spot.
EUGENE WAGGAMAS
Civil Sheriff OF the Parish of Orleana
iei3 p Tvs 20 -
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03

10 DFTbhnHHH We M RH0eTfs
GIFTH DISTRICT COURT FOR THE PARISH OF
u Orleans. No 627s.-By virtue of a writ Of fieri
facias to me directed by the honorable the Fifth
District Court for the parish of Orleans. in the
above entitled cause, will proceed to sell at pub.
lie auction on the premises hereinafter design ated
on SATURDAY, July g. 1875. at i've O'Clock p N :.
the following described property. to wit
THE BUILDING AND MOvABLES on the LOT ait.
usted at the corner of Delta and Girod streets in
the First District Of this citv a5 Der inyantOry
which may be seen in nv office
Seized in the above suit.
Terns-Cash on the spot.
EUGENE WAGGAMAN
ieSl "a 2. iy3
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
EUUENE W AUG aMANI
el 20 Tvs Civil Sheriff Of the Parish OF Orleans.
A. Rochereau & Co. W. jeremiah Pritch.


CIXTH DISTRICT COURT FOR THE PARISH OF
y Orleans. No. 7769.-By virtue of writ of seizure
and sale to me directed by the honorable The Sixth
District Court for the parish of Orleans, in the
above entitled cause. viii proceed to sell
at public auction, at the Merchants and
AuctIoneers' Exchange Royal street. between
Canal and CustOmhOuse streets, in the Second
District of this city SATURDAY, July g. 1875, at
twelve o'clock NJ. the following described prop
erty, to wit
A lot OF GROUND. with the buildings and i'm
provements thereon, situated in the First Dis
trct Of this city, in the square bounded by Caron-
delet, Hevia aronne and Girot streets. and meas.
uring twenty six feet inches six lines front
Carondelet street, by q depth OF eighty i've
feet three inches line, between equal aud
parallel lines, and in conformity with plan de-
posted plan number seventy.six in the office ri
T. o. Starke, notary public in this city Being the
same property purchased by the defendant herein
from A. J. Gurot and wife, by an act passed befOre
the said Starke. notary. Oh the twenty -ninta OF
March, 1862
Seized in the above auit
TeTus-Cash the spot.
EUGENE CAGGAMAS
Civil Sheriff az tho P1,Ish OF Orlesas-
y . VI =.
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
SUCCESSION NOTICES.
Succession of .fose e:rn.

SUCCESSION Of Jose (srnn
GEC0ED DISTRICT COURT FOR THE PARISH ~,
- Orleans. No. 81 l29-xotice is hereby given V ~
me creditors OF this estate to all Other ~
herein interested, to show cause within tan ~ as
rom the present notification if any tbev h hsys
OF can, why the account presented BY Cha,les n
shon ~, testamentary executor in this estate
iunds distributed in accordance Herewith. N 'No
je29 jy3 g. FKAEK PAcR IN e,..,-
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03

Mrs. Ellen Kennedy -. james IL. Iyucs.
- Of Orleans No. 43, 654.-By virtue OF q wri, Of
seizure and sale to me directed by the honorabI.
me Fourth District Court for the parish of o.,
proceed to sell at public auction at the Merchants
ana Auctioneers' Exchange. Royal street betwe.,
District of this city, on TUESDAY, 1oly e. 1873 a..
we've o'clock H., the following described prom.
THE SCHOONER CALLED THE EMprRR sr.-x
OF New orleans, as she now lies On the WAYS At tn.
snlpyard near the Bayou Bridge, of the burd en- o.
seventy five and thirty one hundred this ton. q.
Inereabout, together with all and singula, b,-
masts sails, rigging. anchors boats Oh ains cnhi-,
tackle. apparel and appurtenan.ss
Seized in the above suit,
T0rmf-Cash ON the SPOT
EUGENE WAGGAHAS
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
COMMERCIAL.
FRIDAY EVENING, july 9. 1877

FRIDAY EVENING, July ., 1875.
CoTroN-The sales today (nor including
any additional yesterday embraced SCI
bales at more irregular and lower prices
requiring reduction in our quotations of
bc in strict middling to middling fair, I.c in
strict low middling, and u a $50 in low mid
ding and the grades below. We give also
figures and report of the Exchange, in full.
a. below:
AMERICAN STANDARD OF CLASSIFICATION,
General Exchange
quotations quotations.
AuLo4iVA u
Low OfuinAty.s. O.
ofolnary...... .............R 02S l2i
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03

CIxrH DISTRICT COURT FOR THE PARISH %
- Orleans No. 6442-By virtue of = writ Of
peri faclas to me dire by the honorable tbs
sixth District Court for the parish of Orleans il
the above entitled cause, I will proceed to
sell at pubic auction, at the Merchants and Auction.
GERS Exchange, Royal street, between Canal anl
Customhonse streets, in the Second District of ths
cicy, on THURSDAY, July IS. 1875, at lively.
wit SF''' ="
ALL THE RIGHT, TITLE AND INTEREST a.
GuseAye Ssbatier in and to thirty five shares OF
the capital stock Of the New Orlsaps Insuranc.
association, standing in the name OF the sad q
capstler op the books of the said assoc iAtiO.
Seized in thu above suit
Terus-Cash On the spOs
EUGENE WAGGAMAy
Jy3 10 Civil Sheriff Of the Parish of OrIe.,a
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
MARINE INTELLIGENCE,
OFFICE OF TIE REPUBLICAN, +,
Saturday, July 3, 1875.
CLEARED YESTERDAY.

BRITISH. steamship Cordova, Abrams, for Liverpool
British steanship Haytlar. Watson. for Liverpool
via Baltimore
Ship Union, Osgood for Havre
Spanish bark Prcsperidad, Mora, for Barcelona
Spanish brig Amable Antonio, Grifoli for Barcelona
Schooner White Wing, Miller. for Cedar Keys and
Tampa Bay
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
IcoNrrNuED FROM FIRST PAeE.t

Indiana, Tor Cincinnati. a. . A ~: Ju'ia.
Tor Vicksburg, at 4 p. NJ. River thirty feet
two inches and .lGGg. Weather GEAR.
Mercury 49,.
ST. LoUIs. Jniy ..-At:!ved--s' Gen"-
sieve. aroID Vicksburg. No departures
River risen four inches. i.,y heavy rain
early :bis incoming. cloudy and saoVery
since.
Cotton.
sew foEK. July THE following J. Che
Comparative statement -. cotton 20: tns
week ending TO-DAY:
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
sEw ORLEANS CLEARING HOUSE.

Total week bef0re....... SA2.3S. a .lb ga a
Gold opened at III 0ll7l.. against II.
| at New York, and after limited business
closed at the opening rates. against III I,
s23 900 embracing $4,000 at III: $4,000 and
! $4,000 at liz Is. and $4,000 at III Il a III !.
No sales OF silver were reported. American
half dollars were still quoted at 100 I091a.
and Mexican dellars az SO a 23A gold.
Foreign exchange was without IuOtabie
variation. The movement was limited. The
sales of sterling were confined to ti1.100,
comprising fl500 AL clear at S. 6S; fl20O
and $1,000 bill of lading a. s. 6s;a. and
$4,000 bank At S. ~.
The sales of francs compri.ed $4,000,
embracing 10000 commercial at 4 As a
143ai; $4,000 bank at i40. and 10000 do
sight at 4.37h.
At tho close sterling bills were quoted at
p G. Y as G8t for bill Of lading and AL
clear. and a s. 70 for bank. and francs
at ASA 4.433s tor commercial! aud 440 for
bank.
We notice little more movement In New
York sight, but rates were unchanged. The
sales covered $l25,0O0, embracing $4,000.
SIS, 900. $50, 900 and SIS, 900 private bankers
and So, 900 do and bank at 9-32 y cent pre-
MUM, and 10000 commercial and $4,000
private bankers at SIG.
Tho banks continued to check on New
York at - v cent premium, and CONNER
cial sight was still quoted at -05-l6.
The sales of stocks included 100 shares
Metropolitan Loan and Savings Bank at
500. and - New Orleans Insurance Asso-
citation, Crescent Insurance Company, Louis
lana Oil Company and Workingmen's Bank.
all of the particulars Of which were with
held.
New city currency seven per cents and
gold bearing seven per cents were little
lower, the former being quoted at "a,
against 3fh yeste' day, and the latter at b,
against 35Ao yesterday. There were 20
sales reported.
New State consolidated seven per cents
we're still quoted at about So Tho only
sale reported was $1,000 at 1879.
Metropolitan Police warrants were still
quoted at "a 65. No sales were reported.
Nothing transpired in State warrants.
They are now quoted about y cent lower.
issues of 1874 ruling at 80 04l; Of 1873 and |
previous years, fundable. at 35 936, and
10. not fundable. at -0g'.
City scrip is apparently without any
movement.
The following are the quotations OF time
md school certificates:
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03

Succession Of Louisa Werser. Dece...a
Wife Of Frederick Hecker
SECOND DISTRICT COURT FOR THE PARISH
~ Of Orleans. No. IS 38e-Notice ia hers, ISL 2. s
10 the creditors Of this estate and to ali Other
pe1sens herein Interested to show Cause within
have Sr ca me present notification, if any they
rrederlck Hecker. tutor and administrator In th;s
estate ecu should not be homologatea and spproyed
Az orer o % IN accordance Herewith.
Je391y3S FRANK PACE. a.. Clark
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
ARRIVED YESTERDAY

United States sloOp-ofvar Cauaudaigua Z Barrett.
commanding from Key West via Pensacola
Stream
Spanish ship Nuevs Aurel'a. Pons, 10 days from
Havana, TO master-2d district
Italian bark Eneo, Dodero. So days from Marseles
to master-2d distric.
Bark st Geuevieve Demeuraut from Bordeaux Nav
!, to Observation-Disclosures
STEAMBOATS,.
Carrie Thorn. Jumel from Baton Roucs
Mary Ida Ruiz, from White Hall
Willie Blanks. from Trenton
Josephine C0zzens. from Bonnet Care
Belle OF Shreveport. Rea, from st Louis
Fleta. Pickett from Washington
OriOle, OPry, from Lower Coast
IBERIA Morse from Brashear
Marie. Bassett. from Lower Coast
Frazer. Canton from Lower Coas:
Quaker Raichle from BArrataria
BEEOW-AT QUARANTINE.
steamship Tappahannoch. Pendleton, from Havana
via Florida ports. to Roberts
OUTsIDE-wAITIEG ORDERS.
Ship City OF Lahore Greeuhorn. from Esme raIa
May q. to master
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03

ST LOUis-steamer Belle of Shreveport-s8 bales
cotton l232 bbls -four 225 half bbs -four 126 bbls
pork 1855 bbls meal 23T bbls srts l49 sks corn 46s
sks oats 400 ska bran 43s bales hay and sundry pro
duce
BATON ROUGB-StesmeY Carrie Thorn
bales cotton 81 bales moss % head cattle and sun
dries
TRESrON-Steamer wiiiie-l3 bales cotton and
sundnes
BONNET CARRE-Steamer Josephine-I91 shs
rough rice And sundries
Observation-Disclosures Fleta--6 hales cotton
sks seed cotton and sundries
LOWER COASr-Steamer Oriols-3O bbls onions
and sundries
LOWER COAsr-Steamer Fraser--7 hhds
sugar and sundfies
BRASHEAe.Steamer Tberis-Sundries
LOWER COAST-SteameH Marie-Sundries
WHITE BALLrSteanier Mary Ida-Sundries
SAHATARlA-Steamer Qusker-Sundriee
RECEIPTS BY RAILROADS.
nORGAE'S LOUISIANA AND TEXAS RAILROAD.
July u balee cotton o3l .24o in specie 2;3 head
cattle and sundries
NEW ORLEANS AND MOBILE RAILROAD, july
80 bales cotton 100 bbls lime and sundries
NEW ORLEANS ST LOUIS AND CHICAGO RAIL
Road. July 30 bales cotton and sundries
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
BEiOW-AT QUARANTINE
EXPORTS.

MISUNDERSTANDING Cardova-2e2o bales cot
ton 3 bxs tobacco 1873 sks bOns dust bbs bone
dust 20 bales moss 100 staves
MISUNDERSTANDING Haytian-268 ties lard
HAVRE-Ship Unon-3l56 bales cotton 1000 hides
10 bales moss 5000 etaveo
BARCELONA-BriyA mable Anton1-32 900 slaves
BARCELONA-Barx Prosperidad-7O2 200 slaves
CEDAR KEYS AND TAMPA BAY-SchOoner White
Wing-For Cedar Keys-S2 bills Hour cks meat 4
bags coffee a SKIS kegs lard al pkgs sundres
For Tampa Bay-l50 bbs -four - SKIS oats 1000 ska
sst SO sks cora Is bags coffee Dbl vhisky los pkgs
suudries
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
IMPORTS.
RECEIPTS OF PROOUCE.

GEEcA-Bark Domenico LanatA-3&f cases ga ste
l85 cases OIL 1870 cases vermOuth 80 cases wine 800
saakets oil IS pkgs marble SO Gurter cks sherry
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
The New Orleans Insurance Nssocint5oa
vs.. Gustave Sabatier.

AUu3MAW,
vs. IL IL au3 Civil Sheriff of the Pariah Of OreAna
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03

| a
ZENITH
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In tn
,iine
= Il 3
days
To
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New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03

Civil Sheriff OF the Parish of Orleana
jei2 27jy3 20
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
4. ROcherenu & CO. vs.. The New Orleans
Female Dominican Academy

tIvlI Sher.H 9! mo FaIlsn o. OrIe.01
iel 6 20 y3
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03
F. ID. Brinkmann W. Nj. Rabeli.

EUtfENb WAGl3AMAN,
jel 90 Tvs Civil She riff of the Parish of OreAn
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03

Sales, Receipts and ExpoTts Of Produce.
The following are the sales, receipts and
exports of the principal articles for the
past three DAYS:
New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-03

him;
the il
ducet|
know
q maj
have
desk |
teen 4
Arnsd
the
NO CD
first il
cause |
did no
them d
or ls; 4
gone q
to him
ditor Of
gave Oh
Der; TIL
made oil
out by
ing to d
times I'd
left by
presonc|
Judge
pected I
Colon
the chic
himself
that thu
that he
rants, D
that thu
with TIL
response
Judge
sibie to d
when thu
money.
The only
had auth
II
authority
right to
proof mig
Colonel
iiference|
md crimil
Judge !
rq
rolled the
Mr.. Max
ku5itor's
Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1875-09-02

THE causes of the downfall of the
Bank of California may be summed up
in one word-extravagapce. The in
stitution lent its aid to everything that
was speculative, and its President was
a dabbler in everything that promised
to pay, from Il new hotel to a silver
mine. He was an owner of big bonan-
zas; advanced their price; induced
servant girls and thousands of Others
among the working classes to follow
his lead and 10 take their hard-earned
cash from the savings banks for the
purpose of augmenting their little store.
For time prices did 60 up, and in an
almost fabulous way. but suddenly
there came a reaction. The stocks of
the Consolidated Virginia, the Ophir,
the Caledonia, the Savage ,and other
mines began to decline. The credit of
the bank suffered, and at last came the
breakdown. 1t is the old story: Speak
ing on which subject the st. Louis Re-
publican thoughtfully says;
"CaIifornia for the past year or two
has been literally crazy in these mat
ters. The blow is a heavy one, but if it
has the effect to sober down the people
of that section and convince them that
a soil full of the precious metals is not
a safeguard against the legitimate
fruits of financial recklessness, it will
prove blessing in disguise"
Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1875-09-02

settled. The Bank of California has
simply abused its credit and has been
overtaken by the consequences. The
mining excitement in the Pacific States
has done for credit there what paper
currency expansion did for the States
east of the Rocky Mountains before the
great panic of 1878. What is asserted
for hard money is not that gambling
can not be carried on with it, but that
il does not necessarily make every per-
son in the community through whose
hands money passes an involuntary
gambler. With authority lodged at
Washington to contract and expand
the currency, according to the wants
of trade as measured by the notions
of government officers, power is given
to expand and contract credits, to make
panics, and in short to do all the dam
age to the country which such causes
as have brought about the panic in Cal.
ifornia only occasionally do.
Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1875-09-02

THE celebrated Bank of California
suspended last Thursday. 1t was or
ganized under the State laws of Cali
fornia in July, 1864. At the time of its
Organization it had capital OF s2,OOO,-
900, which has since been increased to
S, 600, 900, and on this sum a regular
monthly dividend of l per cent. was
paid. The influence of the institution
extended to every part of the United
States, and on its list of officers and
stockholders are the names of many of
the leading citizens Of California. The
foreign relations of the bank, also, were
unusually extensive. The suspension
caused great excitement in San Fran
cisco, and the closing of several other
banking establishments in the city; the
feeling was intensified by the drown
| ING of the President Mr.. Ralston on the
next day; it was supposed at first that
he had committed suicide, but evidence
before the Coroner's jury was conclusive
that he had an apoplectic fit while
bathing. Mr.. Ralston was formerly a
resident of Wellsville, this State.