, 1875-09-02
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SAN Francisco, Aug. 27.-About $40
P. NJ. closed csrriage drove rapidly to
the side door of the bank of California.
4 gentleman jumped out in state Of
excitement and ran into the bank. In
reply to inquiries the hackman said they
had Just left the body Of Ralston In
charge of an officer on the beach near
the smelling works, in the northern
part of the city, drowned supposed
suicide. Further particulars soon.
LArER-Ralston rode to Seiby's smelt-
ing works wharf and jumped off the
dock.
There is great excitement in the city
The death of Ralston ovsrshadows every
other topic. From the best information
it appears he went to the sea-bathing
establishment at North Beach about
3: 25 P. NJ, undressed. went into the
water, swan oot about 200 yards. dis
appeared behind a vessel and soon after
the body was found floating by Selby's
lead works. He was brought ashore
still alive aud physician was summon
ed, but efforts to resuscitate him failed,
and he died at 4: so. Col. Fry, his fath-
erin. law, Mayor Otis and number of
prominent citizens arrived before he
expired. Col. Fry and Capt. Lees went
to the clearinghouse, and obtained
Ralston's clothes. In these were found
a few dollars and his statement to the
bank, but nothing having tendency to
show he suicided. His body was taken
to No. 1912 Jackson street, the residence
of Col. Fry.
A boy named Festus Mazzelle states
that he saw Mr.. Ralston before he
reached the bath-house. He saw him
sit on a clay bank near the smelling
works and saw him tear up several pa
pers and throw the scraps in the water.
A close search was made for the pieces
but none could be found. He is also
reported to have been cen to drink the
contents of phial before going into the
water. The general impression is that
he took poison before entering the
water.
The board of directors of the Bank Of
California held meeting to-day and
requested Ralston to resign as president
and director, which he did.
Ralston's body has been placed in
easket and taken from his house to the
residence of Col. Fry. The funeral will
take place on Sunday and the inquest
tomorrow afternoon.
Of the many theories advanced as to
the causes of the failure are the follow
ing: Sending money out of the city to
buy wheat, locking up coin by other
parties, speculations in mining stocks,
ate. A statement made by Mr.. Ralston
will be of interest. Throughout all the
public interviews yesterday and to-day
Mr.. Ralston stated explicitly that the
suspension was not owing to any hos
tile action by adverse parties. and that
the best of feeling prevailed between
himself and parties who have been cred
tied with the lookup of coin. At an
interview last evening at Mr.. Ralston's s
residence he repeated tbas assertion in
the presence of other parties. As your
reporter left the room Ralston followed
him into the hall and said: "The state-
ments have made as to the causes OF
failure are my statements to the world.
AS matter of personal and private in
formation tell you that this failure is
the result of persistent effort for months
to break this bank" Under present
circumstances your reporter believes it
proper to make this public. The streets
are still full of people. but the crowd is
disposed to be quiet and orderly, though
some feeling of uneasiness is evident.
livery precaution las been taken by the
police department to preserve order. and
it is believed the evening will pass off
undisturbed.
New YORK, Aug. 27.-Norvell. the
veteran financial editor, said in yester-
days Commercial Advertiser: "There is
something of an uneasy feeling. or rath-
er vague suspicion, as to the situation
in certain banking quarters here and on
the Pacific coast, but on careful inquiry
we do not find that anything has yet oc-
cured TO justify this concern in the di-
rection indicated" The same author
ity says to-day, referring to the rumor-
ed Pacific Coast telegraph company: We
are afraid that good many of the Pa
eiic coast dollars will be found stuffed
with straw before their FIVE million ho-
tells. twenty million water works, hum
dred>million railroads and big bonan-
zas generally are all settled up. Some
Of their banks are kites with very long
tails, and it would be well for these rich
men to pause in the mad career of their
fancied prosperity before adding cleo
tricity to the movement.
PHILADELPHIA, Aug. 26.-The steam
ship Ohio. which sailed to day for Liver
pool, takes out 2. 400 crates of Delaware
peaches. The steerage of the ship has
been turned into refrigerators and pros
vided with fans for keeping up con-
stant current of cold air. This is the
first venture of the kind.
WASHINGTON. Aug. 26.-No informa-
ton has yet been received here in regard
to the action by the U. s. steamer Con-
gress and Hartford sent to Tripol to
demand reparation for the insult offered
TO the American consul and his wife.
Negotiations are baing conducted by
Capt. English. Should the Tripolitan
authoritiac rafusa RI moko roporofiou