The New York herald., 1875-08-29

tors still in session when the brought
that Mr.. Ralston had drowned himself The directors
proessed to be astounded at the developments showing
the true condition of the bank The stockholders will
lose their stock and to pay all the liabilities will
to sta nd assessment OF probably fifty per cent Some
So 900 900 Of the liabilities in the form of accept
ances for advances made by leading capitalist to
strengthen the bank. Ex-Governor Stanford holds
$400, 900 Of these acceptances
FUNERAL RALsroN.
Mr.. Raiston's body was placed in casket and taken
from his house 10 the residence of Colonel Fry his
father -in-law
THE FEELING IN CALIFORNIA STREET
California street queter aspect to-day, and it
is believed the excitement is over.
The banks anticipate trouble during the day. The
tragical death Of Mr. Raston forms the principal topic
of conversation throughout the city, and expressions
regret and sympathy the deceased banker heard
all sides
DOUBTS AS TO THE SUICIDE.
Later information tends strongly to disprove the
theory Of suicide and the of the attending
physicians go to show that the death of Mr. Raston
suited from apoplexy while bathing
TRANSFER OF PROPERTY
Yesterday Mr. Ralston transferred all his property to
Senator William Sharon the benefit of his creditors
and Mr.. Sharon in receiving the trust pledged his
honor to stand by his old friend TO the dollar Of his
private fortune.
MEETING or THE TRUSTEES
At meeting of the Trustees Of the Bank Of California
yesterday Mr. Ralston promised that if the manage
ment was left in his hands he would pay dollar for dol
lar to depostors and fifty cents the dollar stock
holders; but after an exciting discussion, It de-
cded 10 accept his resignation
THE EPPRor MINING sHAR RES
Considerable difference Of opinion exists among lead
ing stock operators to the effect of the failure
ing shares when business opens, claiming it will
have beneficial effect especially as regards the
Bonanza mines, those controlling them will now have
better facilities for working them as the mills owned
by the bank party will probably pass into their hands
Others take a less hopeful view of the situation
PROBABLE CONDITION OF THE BANK
The affairs Of the Bank Of California have been put
in the hands of Executive Compittee consisting OF
William Avord and George H. Howard
Some say that D. O. Mills, the President of the bank,
has not owned share of the stock for the three
years. statement Of the condition has not yet been
prepared but reliable information shows that the La
btes will be upward of $14 OOO OOo and the reli able
assets from $40 900 to S. 600 600 The principal
stockholders viii have to be rom forty cents
to fifty cents on the dollar TO pay of the liabilities.
The following are the names of of the principal
stockholders:-rhe Barron estate Thomas Bell, Nicho-
las Luhin8 hioses EAls, captain D. D. InOmaS, Asa l.
Hamton, George Howard William Norris, John O. Earl,
John Parrot D. J. Tallant Michael Reese D. O. Mills,
Mark Livingstone and O. F. Glffans
coSDoLENcE
The Pacific Stock Exchange this afternoon adopted
resolutions deploring the death of Mr.. Ralston as a
faithful friend and valuable citizen, and a champion
of the city and State also extending the sympathy OF
the Board to the family of Mr. Ralston and resolving to
attend the funeral in body
The San Francisco Stock Exchange appointed COM
mttee TO wait Mrs Raston rendering the sympathy
Of the members. They also resolved to attend the
funeral In body.
NATIONAL GOLD BANK
The National Gold Bank and Trust Company to-day
authorized the President and cashier 10 borrow
0o 900 in coin the real securities of the
institution The bank is in excellent condition II it
were 10 go into liquidation it could pay the
stockholders handsome premium after paying de-
poeits in full.
SECRET SESSION
1t is impossible at present to obtain any information
concerning the proceedings In the meeting OF the
trustees OF the Bank of California They are still in
secret session, refusing to admit any give out
any hint as TO the nature of their deliberations
THE INQUEST.
An inquest has been commenced on the body OF
President Raston The Bank OF California is dressed in
mourning; everythngsis quiet California street. and
matters are assuming their usual aspect
The jurors are John R. Garniso C. L. Miller, H r.
Williams, W. A A. Cohen, r. p. Morrow, J. r. Kcene,
W. H L. Barnes and J. O. L. Wadsworth.
Joseph Dunking proprietor Of the Neptune bath
house, Standardization came 70 take q bath at
half-past three o'clock; he usually came early
in the morning; my son-n-law served him;
did not see him enter the water, and
had conversation with him; t~o young
men, who went in with him, shortly after ran in and
said, Something is the matter with that man." they
with my son-in-law went boat and watched for
Ralson 70 appear at the piles but nothing OF him;
he was perspiring freely when he came TO the bath
house; my sonn-law checked him. but he said. he
would dry himself and take a shower before going in
Clarence Richardson the son-in law Of the wit
ness testified that Ralston was smiling and cheerful
whom he to the bath house; waited on him and
took charge OF his cIothes warned him against going
in while heated; he said that he would dry himself
and take q shower hrst; about hftoen minutes
after he went in young man told me something
wrong with him; 1 pushed out in a boat and met
another boat with Ralston's body in IT. Ralston was
the habit OF swimming distance when he bathcd
l did not see him in the water.
Theodore G. Bee assayer at seIby's smelling works
testified that the watchman the wharf told him that
man was drowning The body was two or three
hundred feet from the wharf in the water
face down, the head appearing To be under tho
water got Mr. Clark engineer Of the steamer Bullion
who was lying near the body and he brought
IL ashore did not him breathe; used means OF
restoration saw signs OF fe sent for Dr. Newmark who
came
Michael j. Clark engineer Of the steamer Bullion
testified Saw the in the water squirming as
II In nt he acted unnaturally; was two or
three hundred feet distant; thought no was
alive when l reached him, and feared
he would dio bafnre reaching the Shore laid him on his