, 1875-09-02

wheat. good milling, 50 Is; round lots
held 50 2O@S2 25; otherwise range,
50 1O(9S2 Is
It is rumored that the Pacific Mail
and Panama Railroad COMP Panies have
arranged contract for carrying pas
sengers and freight and also that the
new Panama road has agreed to renew
the loan to the Mail company. The
banks of this city will be closed on the
9th proximo. it being legal holiday
1t is probable that the Wholesale houses
will also close on that day.
Warren Leland says he will open his
hotel register on the first of October.
William Lacrie, late mate of the ship
Lady Blessington, was drowned of
Front street wharf yesterday.
Sioux CRY. Iowa, Aug. 25.-The
most terrific rain storm that ever visited
this region occurred last night, lasting
from Sp. N. to near midnight. The DAM
age to crops, bridges. etc.. is not yet as
certained but must be very great.
New YORK, Aug. 25.-O'Baldwin, the
Irish giant, is dying here of lung dis
ease.
A London special says at the opening
this morning Market WAS dull.
Gold closed at 1875, Government
bonds steady, stocks dull.
Judge Shipman, of the U. S. Circuit
Court, to-day confirmed the recent sale
of the property and franchises of the
Northern Pacific Railroad Company and
their purchase by the committee repre-
senting the bon6holders. The com.
pany will now be recognized by the is
sue of preferred stock to holders Of
bonds.
Joseph Loeder, the upholsterer, who
libelled H. w. Beecher, was to, day ad-
mitted to bail in S2500 bolds.
Notices of the trial were filed with the
clerk of the City court in Brooklyn in
the suits of Theodore Tilton VS.. Henry
Ward Beecher, Tilton VS.. Thomas Kin
sella and Tilton Us. the Brooklyn Eagle
by attorneys for plaintiff.
jackson, Miss, Aug. 25.- The Re-
publican State convention met at noon,
colored delegates prominent. Consid-
erable delay occurred in the selection of
temporary chairman and A. T. Nor
gan was finally chosen. Six counties
have ccntesting delegates. A committee
was appointed on credentials. Owing
to the difficulty of deciding the claims
of contestants, the committee have net
reported and at 7P. NJ, nothing was
done. The delegates seem lacking in
enthusiasm.
SAN Francisco, Aug. 26.-General
Sheridan paid visit to the stock board
to-day. The dropping of the market
has been such as to amount to a panic
and it is supposed that many stocks
have gone under.
PORTLAND, Aug. 27.-At five o'clock
vacfardou oftarpoo,, tho etortI;po iptal
ligence reached this city by telegraph
that the Bank of California, one of the
leading financial establishments on the
Pacific coast and second in the volume
of its transactions to but few in the
United States. had suspended. OF
course growing out of the report of the
suspension were rumors of failures,
great losses and complete panic. Un-
fortunately the wire broke in southern
Oregon, before our dispatches were
sent. Ladd & Tilton received a tele-
gram from the officers of the bank say
ing that they were compelled to sus-
pend payments at 2:30 P. NJ. Ladd &
Tilton announce that arrangements will
be made to-day for the payment in San
Francisco of all checks drawn by them
on the Bank of California. Notice of
same will be given here and in the San
Francisco Alta or Bulletin to~day.
LACoNNER, Aug. 2S.-This section
was visited last Sunday by an unusually
heavy rain and wind storm which rros-
trated the crops, doing immense dam
age to grain. The weather has been
cloudy all the week and again this
morning We were visited by another
heavy rain and wind. It is still raining
and the damage to crops will be i'm
mense.
SAN Francisco, Aug. 27.--The ex-
element seems to be subsiding, the
crowd on California street is much less
now than at the opening of business
morning. The run on the London and
San Francisco bank ceased with large
surplus remaining in the vaults. There
was slight run on the Anglo Califor-
MIA bank at the opening but it soon
snbsided. The first National Gold
bank reports everything quiet. The
bank of British Columbia and the Pa
cific and Commercial banks report no