The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1875-09-02
ar over million dollars has Seesn trans.

far over million dollars has beeen trans
ferred. HEE& E8le IA
WASHINGTON, August e5.--The signal
officer in charge of the construction of the
/ military telegraph line in Texas Tepnsss the
line completed to Rio Grsnde City and COM
mnnicafion open to that point. fc E7
The President has recognized Ernest
Wilhelm Lesser as Consul OF the Neither
lands, at Mobile, for Alabama and Florida.
CHICAGO, August s7.-It is the opinion
of the bankers in this city that the failure
of the Bank of California win produce little
| il any effect in Chicago.
SAN FRANCISCO, August e7.-Piesident
Rankin has no doubt but that the Bank of
California will be able TO meet all oblira-
tions. VI, 400, 900 in gold wss paid out
yesterday. Aid was asked of othei. banks
without response Rankin does not expect
the hank will resume business. All branches
have been telegraphed to close.
LOUISVILLE, August 81 Mrs, ]. p.
Course. OF Nashville, committed suicide
after her third attempt.
! SAN FRANCISCO, August Midnight
The National Gold Bank and Trust Com
pany have sent in the following notice for
pnhleauon in the morning papers: In con-
sequence OF the panic and the impossioility
oil obtaining coin, the National Gold Bank
ano trust Company will close until fur
over and above all its liabilities. As soon
as coin can be obtained it will resume busi-
ness rs usual. In the meantime any CREDIT
tor SO desiring can have good assets Of tha
bank to the amount of his claim &
BY order of the board of trustees
III. l.. DAVIS, President.
! BAITIMoRE, August 97.-Sterlin.,. Onerns
Co., said to be the largest sugar import
ing house in the United States, has susnen.
! ded payment. Mr.. OPENS thinks the liza
J bilities amount to about So 000 900, but il
the assets are judioiously administered, the
creditors can ultimately be paid dollar for
dollar. He assigns, as causes for the fail
ure, general depression in business and
shrinkage in the nature Of coffee and sugar,
Of which the firm have large estate not at
present available. A detailed statement OF
their affairs will be prepared as quick as
possible.
SAVANNAH, August s7.- She steamship
Leo, which sailed for New York. returned
to-day with her crosshead broken. She
will sail again Saturday.
i PHILADELPHIA, August 27.-The Nation
al Executive Committee of the Union
League of America met to-day ex-Gov.
VIM. A. Newell, Of New Jersey, in the
chair; Thomas G. Baker, of New York,
acting as secretary. Much secret business
was transacted. An important movement
was inaugurated looking towards the union
OF all elements in opposition to the Demo
cratic party, especially in the South
The markets.
GALVESTON, August 3t-CottoI-
steady; ordinary, nominal, at lie; good OF.
binary l24c; low middling bic; middlings
l3S4c good middling l4lc; sales ore bales
receipts 1889 bales. aass
Gold 1l316@ll4. Silver 110M111 "a -
Later : Cotton markets steady; middlings
1890; low middling l3lSc; good ordinary
l24c; nett receipts I4l4 bales; gross receipts
1899 bales; exports TO Great Britain; 60 bales;
do, TO Mexico, q bales; sales 500 bales; 10 spin
ners, BOB bales; nett receipts for four days,
2746 bales; gross receipts 279S bales.
New oRLEANs, August 3i.--Gold tl4ll
Sight Is per cent. premium. Sterling, com.
mercial, 5.52@5.53; bank, nominal
LIVERPOOL, August 81. -Noon.--Cotton-
dull and easier; middling uplands 7lSd; mid
ding Orleans z 7-16d; sales 10000 bales,
including 1000 for speculation and export
10 arrive 1-16d cheaper; sales milldlng up-
lands, low middlingclanse, deliverable Sep
TENDER and October, Z lied; do, deliverable !.
in October and November, 7l6d
p. M.-Sales middlng uplands, regular
contract, deliverable in September and Octo-
Der, I'd; new crop, middling uplands, low mid
ding clause, lad; do, midding Orleans,
low mddling, clause, 73sd
New York, August 3l-Stock market nc
tive and unsettled. Gold opened at Has.
Money 2 per cent, Gold 114ss. Exchange
long, 4S6; short, 4 SsIS. Governments
dull. State bonds steady andnominal
Cotton = market dull; middling uplands
l4ssc; Orleans 15c. Futures opened easy;
September,l3 l316@13; October, - 1889
obs 9-15c; November, 13IkD13 l742c; DE.
ccmber, 131S@13 l732c; january, 10 9-lGGp
ID 1920; February, 134@l3 l9.l6c.