Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1875-09-04
CALIFORNIA.
merchanss, Exchange bank Resume,

Merchants, Exchange Bank Resumed.
y San FRANCISCO, Sept. 1.-The Merchants
Exchange bank will open tomorrow morn.
ing. The president states personally that a
sufficient amount of coin has been collected
in the regular way of business to enable the
bank TO meet oil demands. Notification of
resumption will appear in the evening papers.
There seems to be q loosening in the money
market with returning confidence.
Failure of the Bank OF California.
San FRANCISCO, Aug. 20.-At 5P. NJ the
representatives OF the press met in the Pres
eidents Office of the bank of California. The
following written statement was read:
-b.,siit ~ OFFICE BANK OF CALIFORNIA,
,.g..p a4aa f August 20, 1875.
& The trustees are under the painful neces-
sity of stating to customers OF the Bank
and the public that the bank IL compelled to
suspend business at this moment, and with
out reports from agencies, Is not prepared to
make statement as to the situation OF the
bank, but we are now examining its interests
critically, and will at the earliest possible
. moment make q definite report By order
of the trustees. a. 1904" '''
.3sa (Signed) ri, s. FRANKLIN, Sec'y.
President Ralston stated orally that on his
own responsibility and that of the officers of
the bank, there was NO doubt they would be
able 10 meet all obligations. In reply to the
question when they expected to open again,
he said, Not at ALL" and subsequently on
not expect to resume" Ralston further stated
that about 81, 400 600 was paid out to-day.
No assistance was received from other banks,
though application was made for 1t. Had
teiegraphed all agencies of the bank to close,
and thought no banks In the interior would
be affected by the failure
L., The excitement on California street was
al lroI .l,xus ahn
afternoon. The crowd ON the whole was
quiet and good natured, and much cont
dence was expressed in the ability OF the
bank to redeem It's obligations 4,
fi4- A run was made on the National Gold
Bank s. Trust Co., but the bank continued
payment until the closing hour, and asserted
Its ability to settle all demands In coin or
bonds Other banks in the city report no
unusual call on their resources.
%. The San Francisco and Pacific Stock Ex-
changes held no sessions this afternoon,
adjourning till morning, and the former
passed resolution forbidding members to
do business In the interval. t
THE presidents OF all the leading savings
banks met this evening and passed q resolu.
ton requiring depositors to give the notice
provided by the bylaws of the several banks
counteract any attempt during the present
excitement to make run on savings banks.
u,gfE Death of wm. q. RELATION.
SAN FRANCISCO, Aug. 27.-About $40 P.
M. q closed carriage drove rapidly to the side
door Of the bank of California. A gentle.
man jumped out In a state of excitement and
ran into the hank. 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.
particulars Of che Death OF RaystOn.
There Is great excitement In the city, The
death of Ralston overshadows every other
topic. From the best information It appears
that he went to the sea.bathing establishment
at North Beach about 3:25 p. NJ, undressed,
went into the water, swan out about 2OO
yards disappeared behind a vessel and soon
after the body was found floating by Selby's
lead works lie was. brought ashore still
alive and O physician was summoned, but
efforts was made to resusitate him and failed,
ana he died at 4:5O. Col. Fry, his father-in.
law, Mayor Otis and a numberof prominent
citizens arrived before he expired. Col. Fry
and Capt. Lees went to the clearinghouse,
and obtained Ralston's clothes. In these
were found few dollars and his statement
TO the bank, but nothing having tendency
to show he shielded, His body was taken to
No. 1919 Jackson street. the residence OF
Col. Fry. ......--..
prr,ow nArHRs,s STORY. -.-.-...,
II -, - - -. o,,o.,.a, w.
oscar Meyssi, Young stock opeIa.oI To-
sldtpg at me Niagara house' was aisS ostn NV
et tne same place. Rna r. ,ne same urle ;nas
Mr. haiston took MS ta.ei pi4age' ne s.seS
the iohowing paFucuiars oi4 MS experiences
on tne ocGaslon ns,. .ts,.r \, .,s.,.s. ,hrs.
O'clock coming out Of one Of the dressing
rooms, aer nc a msn anar sssv noth;n.
he noysu N snSoarW % ~ osar rw ce ~
unususi ~ MS an Una . ~ p,sarS ~ aiS
s enc sne shnu. an0 vards IN front 81 the
boat lying ABOUT Ivy yaras ~ TOM vi 'n nc
se..ing wosk -. sne DSss as.ar 10
owl ~ oss Al ~ 80 n,.n,,. hais NAV,
snsore1 my .h s.asi.,, ~Ss anS ~. hos,9
@ y. saS ~ sea,,sS ~ thrors h;,sss,s over
~ NC J;,,c N q =. 49, s.h., IL
On ny s.as r,nrn Tns ho,hhnnse 5000
We seeH ~ sasssss No ,n,,, es;aissw h, bnss
s ~ s.s W. n srsss sogseIs hich III
az "uickiy ID nossibie. After dressing, I ran