Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1875-08-29
Pacific Coast.

SAN FRAycIsoo, August 2S.- California
street wears quietsr aspect this morn
ing, and il is believed the excitement i
over. The banks anticipate no trouble
during the day. The death of Ralston
forms the principal topic of conversa-
ton. Flags are at half mast throughou,
the city, and expressions Of regre, and
sympathy for the deceased banker are
heard on all sides. Later information
tends strongly to disproye The theory of
suicide, and the statements of attending
physicians go to show that death re-
suited from apoplexy while swimming.
| Yesterday Mr.. Ralstcn transferred all
his property to Sharon for the beneh. of
his creditors, and Mr.. Sharon in re-
ceiving the trust pledged his honor to
stand by his old friend to the last dollar
of his own private fortune.
AT meeting of the Trustees of the
Bank of California yesterday, Ralston
promised that if the management was
left in his hands he would pay dollar for
dollar to depositors, and fifty cents on
the dollar to stockholders; but after an
exciting discussion it was decided to nc-
cept his resignation.
Considerable difference of opinion ex-
lists among leading stock operators as to
the effect of the failure on mining shares
when business recpens; some claim
ing it will have beneficial effect,
especially as regards the bonanza
miner. as those controlling them will
now have better facilities for working
them, as mills owned by the bank party
will probably pass into their hands.
Others take less hopeful views of the sit
uation.
The affairs OF the Bank of California
have been put into the hands of an Ex-
ecutive Committee, consisting Of VIM.
Alvord and Geo. II. Howard. d. |
Mills, ex-President, has not owned a
share of stock for the last three years,
The statement of the condition of the
bank is not yet prepared, but reliable in
formation shows that the liabilities will
be upwards of four millions; reliable
assets from seven to eight millions. The
principal stockholders will probably hive
to be assessed from forty to fifty cents
on the dollar to pay off liabilities. The
following are the names of some of the
principal stockholders Barron's Es-
tate, Thomas Bell Nicholas Luning,
Moses Ellis, Capt. J. B. Thomas, Asa T.
Lawton, Geo. Howard, VIM. Norris, Jno.
o. Earl. John Parrot, D. J. Tallant,
Michael Reese, D, 0. Mills, Mark Liv-
ingston and o. f. Griffin.
SAN FRANCISCO, August 28.-It is i'm
possible at present to obtain any infor-
nation concerning the proceedings of the
meeting OF the trustees of the Bank of
California. They are still in secret ses-
sion, and positively refuse to admit any
one or give out any hint as to the nature
of the deliberations.
SAN Francisco, August 28. - The
Pacific Stock Exchange this afternoon
adopted resolutions deploring the death
of Ralston as faithful friend, vaIua-
BILE citizen, the champion of the city and
State, and extending the sympathy of the
Board to his family; also resolving to at
tend the funeral in body.
The San Francisco Stock Exchange
has appointed committee to wait on
Mrs. Ralston, and tender the sympathy
of the Board, and to attend the funeral
in body.
The trustees of the National Gold Bank
Il Trust Company this afternoon author
lied the President and Cashier to bor-
row one million dollars coin on real es.
tate and securities. The bank is in
excellent condition. If it were to go into
liquidation it could pay stockholders a
handsome premium after paying depos-
itors in full.
The jurors on the Ralston inquest
were; j. r. Garniss, G. L. Weller, HE.
Williams, A. A. Cohen, r. F. Morrow,
j. Il. Keene. W. II. L. Barnes
and j. @. L. Wadsworth. Joseph
Dunkley, proprietor of the Neptune,
bath house testified: Ralston came to
take bath at $3.50. He usually came
early IN the morning. My son-in-law
served him; did not see him enter the
water; had no conversation with him
TWO young men went in with him;
shortly one ran in and said something
was the matter with that man they, with
my son-in-law, went out in boat and
watched for Ralston to appear at the
piles, but saw nothing of him; he vau
freely when he came to the
bath house, my son-in-law checked him.
but he said he would dry himself and
take shower before goingin. Clarence
son-in-law of the last witness.
testified; Ralston was smiling and
cheerful when be came to the bath
house; l waited on him; took charge of
bis clothes and warned him against 90.
ing in when heated; he said he would
Try himself and take shower; about
fifteen minutes after he went in Young
man told me something was wrong with
him; We pushed out in boat and met
another boat with Ralston's body; he
WAS in the habit of swimming some dis.
;ance when he bathed; did not see him
N the water.
Theo. @. Bees, assayer at Selby smelt.
ng Works, testified: Watchman ON tho
wharf told him man was drowning.
l. nnn