New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-04

tef what amount had been locked up. Mr.. Ralston was
holding The door open q. s o ~ tb 81 bank ana Sdnc and
nothing very definite In their heads skcept I tho
enas mao e s ontse and hoy engaged
'n gans. Plood Of The tiT of Flood oBren with
whose ongs and Intended doings runor was so rfe yes
terday and who in the rst bsh OF Tue o hnT tbs
bank" Interviewed. and denied IN TOTO tnc SOY
that he 3ad Drawn az Uu' u have avoided
Ing, because knew they were in tsnt pace anu nocu
Repoiter-How about the rimor that you have had
| personal quarrel with Mr RhSton and thh IN cohse
quonce you have done all you coud 70 ifOure 'ne DA "
Mr Food-It is entirely untrue. have never had any
alteration with Mr.. RastOn or any one connected Win
tho bank. with regard to tine mill story; the whole
affair that offered certain scni, whieh they dS
| clined, and so the matter dropped.
Oestion-what is the real cause Of this failure to meet
cnsgements the part Of tho Blnk OF Csitornia
Answer-AS TO the course pursued by tile btnk aulhor
ties in their specuatons &c have hsthiLg " st a.; ~
Tie main canse is that they have guarded carefully
against such Emergency now presses lhtl hhu niu
,nect fb smapS mon their ready capita Their
mcnt vita regard a. paying depoet0s III nu DelisNe'
They owe s M presen. S2l7 900, which look upon as
much money SINK or at best the greater par Of ed
RepOrer-lt 10 generally reported that You nave Dthfo
UP large amount cash drawing IT, TO great eASeht'
M Flood~Therc Is not word Of truth in that We
have pressed the Bank OF California Dut iAe' o
instance, We loaned to Mr. Garnet WHO repIollfs th
refinery, SJ0O,oO0 TIE only moneys tAht we Ld,o
| We wanted certain amount % sustain We ' III
market, and holding a DRAFT ON the bahh 0' C Ss
RalstOn called and said That they wore rather nara
pushed at present. and world Ike 20 have Gay OF tW2s
,uunry Thursday, Friday, and SATURDAY. nc utesoH
himself satisfied and sad lac biyea tney S" ~ lu,
divided drIis aud received the money; the Olnrfs are
gone IN M c c i ht az s @sfse ior We
have done all in oar power 20 prevent thlS :Iasi tim
|
| sttutions OF late ii las ilen,iib.l itaelI win
s,ocks 10 d gree that made G2hIous eJn,h,i =,
! cal men dubious Of it, policy. For number OF
, y,ars 9lt. Kuston has Deen It's leading mlnuatof,
and to a great ext has shaped 10 pyiey: coupe
OF years ago ar Mills resigned the Presidency nnd
sher's SIX Mr. ita ON vas see, yea ioT 'IS
yeuBcy. Ine nominal calnial is eO'VOOooOi anu :"
this ~ Dceyed that not more than hait - P ad
M \ reserve fiIud supposed u eAlst %" AT itdot
Flood 4 Ofsiu for controlling interest IN the BANK
hat Flood Oi3icn mad discovered that me reserve
unl only thing on pace ail ttl t.e oAnS WIS
ir't oni,crtnnitins of forming an opinion remarked
Nc .Gr,laJ Sir, 1t has been sam5hng hell I0t some
years" 7. iuvesti tion which hprndS VIII disProVe
nr SUITS aniiate the satehfn tb'H Dpidb expressed
necring of the Presidents OF al tue stNnss BANKS OF
this cit hcll last night. and resolution was ps;ed
noy.ng tie ,cp0siOrs nat in view of the pHsch as
urtii1 iiion O financial affairs IN the rIy ,nry
Il rcaIi.i ne notices provided for II their several by
Laws, or conditions of 'meut Toe i9iioEnE DaiHs
vcr. ~ufrs"mtrd liib mia Savings ana loan S0ciey
savings and Loan society, san Francisco vlnss mon,
s1ri.ty frcncl Savings ana Loan SOr!ey, liUmb ut
.aViu.. Lam Socrty Security savings Jtih Ma
Sgator J6rs says thlt he not loser by tie suspeu
SION 81 the i,nf p o. Il lie ~ rc in t ,lnS
@ in TIC yauco mining stocks nel ny nm ara aeeted
b. the failure. Il is said on excellent authority tat MI
William sharon Yesterday nioInLs .n'canoreG ~ unoo
Messls. |. T. GIzi d Co. sell Large amount OF minns
on sac ground tnat it would iDure the firm and he
doing an Injustice to many OF their customers.
At once Indicated has nday to mis- customers by dis
u,siy as randy rs possible ami for tue pest PRICES
.li.tlle
N ion lr sharon WIS anxious t. realize uron Among
the Irlyy creditors lie bln, who ont AMI injured
Is Inu nict ulogh of tine CAforli. The Iter The man
~ ment OF neaier has been tor some years past III
tie habit ~ depOsiting the receipts ~ ne th'ater-aN
era rg II, 500 night ii the Bank Of California every
IN i NJ tn cXrltemn MT throughout the city became 80
it ~ TIC ist .sinent and tie entire 81 Regnent
yrIe placed und arms and held in readiness TO cheek
ON toward lniinlt tine crowd on Csi'ionia-st quietly
dispcrsed ana peace leisned supreme over "a panic
| st.lckou ely.
I>pGvArr,y EXPRESSED AGAEsT THE BULLETIN
AND C,IIc-vIEws or IINANClEES
Fr,m TIE Sft lsIacisp LedGr tfrt2E
After bank hours the crowd on CaltOrnla-St
ana il tributaries increased. AMI rs Offices AMI stores
were clo- merchants AMI CLERKS. and mon Of I'll trades
n-AS5,I,ocj - the scene Of financial disaster md dis
cussed the sicntion The almost universal sentiment
war Oi profound SORROW and regret NJ am
event {ai was Eenff ra the bsF tcTest a" Of tkoec
who were indivlnal and INN 'diair sufferers Fears
wrre tx pressed "a thc result hut nese ~, geuo al
|
,y creditors cohtors and unlss the flames o the eN
! element were uuWiscY tGHued into n new name the
iron bic would be bidgci over, AMI tEc c!ront 0t
business woDd tranquil ami rin III Ifs accus
TONED cnannrl Tire principal Indignation "x rcsed for
tie fup.nsed insii-dtofS OF the uOuue WIS
| agails. tic publishers of The bulletin aud tdi
/ son. President Of the bank representing him
/ a, me Boss Tweed Of san E.anoi-cO ana political
sciencI finally succeeded IL unucimnn tn cnll 81 the
bank 1e ~ aud i'll EniOpe by rr atlns the impress
sion - It engaged in illegtimair enterprises re
inca mat NJ ~ the tie hank was Known IN
N.w-Yugk. ana published in Inc Commercial AdrcrtSs
M lal!-Iast O'Clock yesterday afternOOn-equivd
| 10 10 o'clock heIe-showei that tae news or tpe
! run must nave flashed across the wires early
yesterday morning; and the tel. graphing OF ms
dispacu was Ci5IlL 20 t,e Aforesaid press, the Cal 0r
mis- end OF which undcr fhc direction and control OF l,e
| Two journals named 80 intense was tle indignation
aainst journals that at one time u was AIRED tEat
attack Offices; but berer counsel prevailed and the
civ Wis spaced the disgrace riot however the re-
si M t been regarded in the light Oh reributye
! ius' 'cs'.
few merchants were at tire Exchange last evening
and discussed te situation in small AnJs. Incy did MOI
feel any serious approximations VI panic OF Oi
any uunl.r Of failures An old and wei ny merchant
inform" reporter that the Bank VI CaOsnii had no
more than far division NJ the commercial business
which pretty evenly divided Among tic other banks,
ali al which were sound. The failure OF the Bank
| OF California might temporarily einDaTrass s0Gle
| who had large payments Ia MAKE aud WIo had
d9pendcd on receiving accommodations from the Bank
OF California bnt the mere chants would be easy WIN
eaG other, AMI show splI1t Ot accommodation Wllch
would prevent any serious dis ster The Fcllants il
Ia 10 D. less rnei tan other depOsit0rs
and tiOu- t that only those WHO had largo bal
Ib. If the people Keep COOK ana nave confidence IN
y another, there need be serious trouble from the
| failure.
| INQUEST IN THE DOYLE HOMICIDE.
Yesterday morning Coroner Croker held an