, 1875-08-28

yoved. the exciting bsoty "an nnsno""' Iho
morning ahsu tho various exchanges opened \
lutla faoltng wAa obacrTsble. and IN III" S1hck
Exchange the wholo linz Of stocfs FIJI otf from,
n 10 per cent, hut accomf anie' hY vefr ]'tt'"
IN tI,n Unl !.oar'l Ea1l h'iY"t'c"d
X an the first aipraciut1o effect of tho Cal
Sorna fait"ses. Ant,h" "lucut nats fentn Cal"
ffnrnIa, which reached Now York nhont :
o'clock n tsn effect tia: tho Shfinaa hnld Hank
hal failed. tbss tho Htorit E1chauKe had c!oH'1
at l,alf-paat 10, ami that e.lhn"1uontty a'l ex"
clIangos baf t,ee.t closeI created no bofcnptblo
feeling, \. loa4s M agitation. in this market. 1t /
was nHoso apparent than svcr shat Nav York was
10 San Frnncnro what London To to Nav 4otk,
and she HeYefens rrinntinn thasn
1,tp .ar AryycT THE rr1..s HERE.
There WAS 10 pancky feeling On Wall street |
whatever, The nc,ys from, California had boon
supplemented by the announcement of failures
In tho suyar limo at baltimore bu. this did not |
disturb tho pro31c, E.ct,anss or general mar |
kot az mono Of the fjru'a l,alhl;ties wero held |
hers, J}Aukcfs and otflcra ~ financial opera |
tions do not appear 10 bayo heen surprised at
the failure of tho Bank OF Cahf,rna. md say
tflcs viii not 10 assouiahed 10 itarn that it hAn
carried down several other concerns .! tl'r aatne
general character. nAaton. thu Ir!hidcht, IN
locked upou Nv tns Of tho nnrt desperate spoc,'-
Iat1ln on tho whole Pacific cnnst. aid il has hecn
for long while phss that tho obgat1ons of the
bank hxya beon ht
VERY HEAVY p1scorsf
tn thia market. as well a. tho home market.
Vory little Ia yet known Of tie ciEctlinHtanc"s
of tho failure Of tic National Gn!d
nank. hut. as In case Of the fa'lus"
OF tho Bank of California 1t In attributed to gef-
crat speculation in mnfn. ntorkt. Tue feeling
here In entirely boalehy. No failures or ru'norH
of failures are hoata Tonight. Maat elect It
may havs III day or swo upon later auFlcch, 1t
ID impossible tota1f but Tor IN" I'reoont marSots
ato strong nndcr tho crcuHHsance7. and lie 1'so
in gold and fall III slocka il iisusi lehs thaa wah
anticipated.
tTo TIE Assoe'ased 1Ts's'
WALL sfhEEE'
NEW Yons, Aug E.-lhe nows o. shc enSpeh"
| BOD oI tuo bauh y ,"'A' 'A' l'o''''u6'
produced cons'oefao'e e1e'tethon' A'nt''' ""'
poHitofn ami cfeolto!e BebelaHy u .hal "n''s"-
tion in thih city. III" ollces OF l.a'a'a" a. Co..
tho agents Of TINT BANK III tn's cl's' nave. e'neo
the orensng OF the doors NJ Al en1's aonf, pcoh
thEongcu "l'h ao4'oaa lhqu'tofA' N oooa'e'ee
In instructions received hy telegraph no cheesa
were cahhcd. Tho fenlor me'noer It ,ho urn
Was asked for Information cohcefnihe tLe con-
dision Of tho bauk' hnd o. tho aua'tS OIL La'"!s"
d Co., independently OF 1hc'e heeneY toF 'aa
Dank OF California, but no repltoo Ihat no cou'a
say nothing Among tho V'fi1oFs VINO were
anxious TO OBTAIN money 1os Papef were lou' =!
uvo enlphn'e'. VIZ p'1etrssu :" n'a .,'A 1..s
s4a.' , 'u.; ~. '1.sa H. sa,, r,an.,.ro ~ rro.
eo"'o u"4' y. ~o ,'as,. 40
oon'a"on A. 'No o"''A.
in1 ~. '...,. 4A ,,.., =, c,r,o,;.
r'6R tia'en @.' 'Das '"a 1"n ~ na1...
1'a ~" w. ,'ia .uo'o ~ n,'a cosea.,. ~ H.. co.,
tac'"o i'a.'"""' ..1,
p"n9 III tn,s wy so'r.I1 ~" 1 n"' w.
says that she oeo'ta' "e'i' t'1!'sao n"' .. 49, w.
couut With the bank anu had maao loans iron
1t. Ho bad not heard tnat tho condition OF ths
bank had toen considered unsouud hy bankers
lorson. intorested in tho strsj,s OF ths bank az
's,s':.s ..a;- ..a,,.;,, ,,,,t III, bor. u,I1
pos't'o III 'ne1' "a'oi ~" '.A, "' oA" 49, ~
after short time 10 ablo TO tul'y sas'a's a'l III
crodiIors.