The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1875-09-02
ByTeIegraph
ASSOCIATED PRESS REPORT.
TO THE DAILY LNTELLIGEN0ERI
CALIFORNIA.
THE MERCHANTS EXCHANGE. BANK.

THE MERCHANTS EXCHANGE. Rank.
New YoRK, September Information
has been received from the Merchants Ex-
change Bank Of San Francisco by their
agents in this city, Kountz Il Co., that the
assets OF the bank are over S6,00O,0 900,
while the liabilities are less than 81, ,O00,-
900. Mr.. KOuntz said he thoug ht they
would decide to resume business in very
few days,
THE BANK OF CALIFORNIA TO RESUME.
The following dispatch was received
here to-day, and circulated by Kiernan's
News Agency:
SAN Francisco, August 3l-lO AM,
Official information; The Bank Of
California will pay all liabilities and
resume business. A guaranty fund OF
five million dollars has been subscribed
by D. o. Mills, James r. Keyne, Michael
Reese, William Sharon and others. Ev-
erythtng Is now quiet.
Signed KIERNAN.
The same news agency, has also issued
another dispatch in regard to the bank OF
CalifOrnia, ,itsays that Messrs Mills, Reese,
Sharon, Keyne and Baldwin, subscribed
one million dollars each for the present
needs, though the banks assets are
abundantly sufficient to carry them
through. Mr.. Sharon, said that he would
sacrifice his fortune OF $l5,0OO,000 rather
than have stain rest on the namO Of Mr..
VIM, @, Ralston.
FURTHER ATTACHMENTS.
New YORK, September 1.-Attach-
ments against The property Of the Bank
Of California in this State were granted
this afternoon by Judge Brady in the fol-
lowing suits: Denis Mcmahon, $3.50;
Henry A. Tuzo, &l7,600; John 7. Carr,
$4,000 gold; Patrick BuIterdeld, 100000.
THE BANK OF CALIFORNIA.
SAN FRANcIsco, September l.-Nothing
authentic has been learned concerning the
resumption Of the Bank Of California In
addition to the last dispatch on that sub
ject. During the latter part Of the after
noon and evening many reports bad been
heard that the bank will resume In few
days, and that seven or eight million
dollars had been subscribed for that pur-
pose, and that the whole matter had been
decided. All such items must be received
with due caution, as tending to induce |
feeling certainly which iaCts do not war
rant.
WILL OPEN TOMORROW.
Tie Merchants Exchange Bank will
open tomorrow morning. The Presi-
dent states personally that sufficient
amount has been collected In the regular
way Of business to enable the bank to
meet all demands. A notification OF re-
sumption will appear in the evening
papers.
There is nothing new in financial at-
fairs. The Directors Of the Bank Of Cal.
iiornia will not resume their sessions
until tomorrow. The feeling In bank
and commercial circles is quiet. DuSi.
ness Is mainly suspended on account OF
the election.
1t Is reported that, there will be q
meeting Of the stockholders Of the Bank
Of California tomorrow, and Il Is sur
missed that the report Of the Directors
will then be presented. Unable TO verify
the statement.
NO ELECTION RETURNS.
ou,.. | .o A., A. ,,,,n,ha. - ,io,,0,. ,ord
the mode Of conducting the election, the
result cnn not even be guessed at at
pFeSe""
MORE STATEMENTS AND RuMoRs.
SAN FRANCISCO, September This be-
Ing election day the banks and many
places Of business are closed.
The Chronicle this morning publishes
positive statement to the effect that the
bank has reliable assets Of $l4 100000,