The daily Argus. (Rock Island, Ill.) 1873-1877, 1875-09-01
Inauguration of Governor
McCreary of Ky.
The Bank of California will
Probably Resume.
It's Assets said to be $1S,-
900, 900 and it's Liabili-
ties $4,000. 900.
The Silk Importations of
the u. S.
Annual Cost of Mail Service
in the U. s.
Accidents. Explosions, Rob
berries, Murders, Fires,
Etc, Etc.
Annual Cost of Mail Service
in the u. s.

McCreary, governor elect of Kentucky,
was inducted into Office to-day. Governor
Leslie delivered his valadictory address,
in which he attributes his success in the
management of government affairs to the
support of all classes, regardless Of party
or section. He congratulated the people
on the absence of a state debt and the
peaceful state Of affairs now existing
throughout the state. He then introduced
Governor McCreary, who, in the course ef
his remarks, said he wished to see the
records Of secession, coersiOn and recon-
struction fled away forever, and the whole
country earnestly advocating peace and
reconciliation, and all looking to the con-
stitutiOn as the guarantee to our liberties
and the safeguard of every citizen. In
concluding his address he earnestly in
voked the blessing of Almighty God onithe
government and the people, and appealed
to his tellow-citiZens, regardless of politi-
cal sentiments, to forget past asperities
and dead issues and to cooperate with him
in conducting an honest, impartial and
economical administration, and in advanc-
ing the interests and maintaining the
honor and integrity Of the common wealth
of Kentucky.
DAN II FhANGloCO, aug. OU. -OHdEUu WIS
interviewed this evening with regard to
the statement credited to him that the
Bank California would resume business
He stated in reply to direct question:
I'VE are moving heaven and earth to re
open. 1t is possible and not improbable
that the bank will resume, There is a
reasonable probability of it" In reply to
question as to the rumors of over issue
of stock and the substitution of worthless
paper in envelopes which had contained
collaterals and other fraudulent proce ed
ings, he said: Il know nothing about it,
| haYe not been among the clerks or in the
vaults.
Bel, one of the directors, in reply to a
similar question this evening. said: II
know nothing of the kind.
The examination of the directors into
the condition of the Bank of California
shows that the assets of the bank will
reach $l8,00O,000, while the liabilities are
$l2,O00,000, surpluss of dividend of $6,-
100000 which may possibly shrink to $5,-
00O,000 1t is also believed that the bank
will resume business within sixty days.
| 1t is now believed that the reliable assets
Eof the Bank of California will pay deposi-
tors eighty cents on the dollar, the stock
holders loosing everything.
A prominent member of the board Of
directors of the Bank of California says
Ralston appropriated the funds of the
bank largely to his own use. On being
asked if there appeared to be evidence OF
intentional fraud on Ralston's part he re-
piled: "Mr. Ralston got into snap and
used the bank to help him out"
| The coroner's inquest in the case of Raj
ston was resumed this afternoon. The re-
port of the physician who made the post
mortem stated that the deceased died oi
asphyxia- The analysis Of the stomach is
not yet completed. 1t will be given to the
Jury Friday afternoon.
This afternoon an attachment was levied
on the real estate of the Bank Of Califor
MIA at the instance of Adolphe Shirk, who
claims to be credited to the amount Of
$2,l56.
A dispatch from Tucson, Arizona, re
ports that a heavy merchant of that place
named Garlic, naturalized citizens, wen
to Sonora to collect bills, where he was ar
rested Thursday on a charge of furnishing
arms to the insurgents. He was given nc
trial but was ordered to pay $4,000 or be
shot. On Sunday courier rode 30O
miles to Tucson, raised the money, return.
ed and rausomed Garlic, whose grave had
already been dug. He arrived at Tucson
to-day. There is great excitement ovel
the outrage. The roads are lined
with refugees fleeing from the impending
revolution.
| Gen. Sheridan arrived at Portland, Ore
gon, this evening, and was received by tht
| military nd citizans
New YORK, Aug 3I.-The Silk Asso
citation of America have made up com
parative table of the imports of manu-
factured silk at this port in the month.
of August, from 1853 to 1875 inclusive
which shows that the total gold value Of
the imports during the past month was
So, $50, 789, averaged with the last five
years, and is considerable increase ovel
August of 1874. OF the 4S2 bales re
lceived, l65 came from England and thu
continent, Sl3 by the overland route ant
four by the .Isthmns of Panama, and th'
amount represents nine tenths of the en-
tire foreign silk imports of the United
States, from which the government de
rives about 81, ,O00, 900 in duties.
| PATTERSON, N. J. Aug 3l.-The Wash
ingt0n Market Company has been enJoinet
from doing further business. The liza
bilities of the company are about $3.50,
600.
| CLINTON, Iowa, August 3l,-Owen Cal
ahan, farmer near this city, lost lively
stacks of wheat by fire on Saturday night
supposed to have been struck by lightnin
probably ESQ bushels; insured for $500 i
the American, OF Chicago.
Oscar Sherman, brakeman, fell from
n freight car at Lyons this morning, and ha
4 his right foot cpt off and was otherwis
injured,
MEMPHIS, Tenn. August 81. "A dispatc
from Pine Bluffs says: The .steame
Fort Gibson, hence for Little Rock, Ark
with cargo of general merchandise, struc
snag near New Gascony last night. Sh
shipped two feet of water, damaging he
cargo in the hold, which is covered. by il
2 . surance in local companies here Th
E. boat will be raised with little trouble. +"
/, Is CHICAGO, Aug. 3l.-The total annu
3 cost of mail service in the United State
lis 100000, from minimum of $50
I00n IN noIauoro RI MAXIMUM nf Il