Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-02-09
SECOND pIsPAToH.

the FroIecs NE.
eided-Eieetisn or Oficsrs-Ths
Hanks Represented In the Msve-
Observation-Disclosures Pestpossd-
Rich Strike In Panamiut.
SAX FRAxcrsco. Feb. 9-3 p. NJ
Attorneys Of the various savings banks
in this city held an important meeting
ON Monday evening. at which II was de-
cidsd to repay tho forthwith mortgage
tax to borrowers from whom the savings
banks collected It, less 10 per cent,
which the banks were TO retain for their
expenses In carry through the courts
the question OF the unconstituiionality
OF the law under which payment was
sought to DO enforced.
Gentlemen interested In the establish
ment Of a clearing house In this city.
met yesterday afternoon In the Msr-
chants Exchange with Milton 8. La.
than in the chair. Secretary steinhart
reported that tho following named banks
had signed articles Of cooperation:
Bank Of California. London and 8. F.
Bank. tho Anglo.C California Bank. Bank
Of British North America, Wells, Fargo
& Co., Bslloc Frsrss. the Bank Of San
Francisco. Merchants Exchange. Bank
Of British Columbia. Swiss American
Bank. Hickox aud Spear, sathsr & Co..
Donohoe, Kelly & Co.. and the First
National Gold Bank. The Nevada Bank
OF San Francisco, o~mphatically declined
to have anything to do with the project.
Tallant & Co. md the Pacific Bank have
it is trustworthily reported the matter
Of cooperation under a~dvisoment.
An election was held for President. Soc
RETRY. and Clearing. house Committee.
Milton s. Latham was elected President.
- stsinhart, Secretary. and Messrs.
Mills. McKinlay. Low and King Clear
inc. house Committee. The Committee
is empowered to select suitable Offices
and put the Clearinghouse in working
order at the earliest possible moment.
About 10 o'clock this morning q man
named W. l.. Wynn Williams was found
dead in = room at the Now Iiria House.
corner OF L~eidesdorff and Sacramento
streets. He left a note saying that he
had suicided by taking morphine. and
requesting no autopsy TO be held. He
was an E~nglishman. Of good family. but
had been d~isinherited and camo TO this
country. He has been engaged by Sum.
ner. Whitney l. Co., law book pub
fishers. as a writer. He was a barristsr
by profession. His suicide Is supposed
to have been owing to poverty.
The sale Of lots on the top Of Tel.
sgraph Hill. advestised to come of To-
day, has been postponed. The sug.
gestion has been broachsd for the city
to purchase the tract for park purposes.
A letter from Panamint says . very
rich strike has been made In tho Hem
lock mine. one Of the Wyoming Con-
solidated group controlled by Senator
Jones and others. The opening up Of
an ore body was not entirely mex
psctsd.
Heavy RainfaiI ia CaiiFsrnis-In.
terrupsion srTravsl
SANTA CLARA. CAL. Feb. 0.-Previous
to February 9Th the weather was TO
markably clear and warm. At 8 n. Of
that day storm burst upon Us. Dur
ing tho night a strong wind rose, but
did no damage. Tho rain continued
yesterday without cessation. The
mountain streams arc reported higher
than at any previous time this year.
The Guadalupe has overlooked its banks
and covered quite an area about = mile
from town. Fears were entertained last
night for tho safety Of the bridge BE-
tween here and San Jose.
The Santa Cruz stage which left here
yesterday. was unable to 60 through.
and is lying at Lexington waiting for the
waters to subside.
DR.. SAKE gives the following report.
which proves the storm to have been
unusually severe; The rainfall for sc
hours, ending at G A. N. to-day. was
9 45-l00 inches. Thermometer 50,
barometer 1856, rising; wind light. A
heavy rain is still falling.
UKilH. Feb. 9.-lt has been raining
here steadily since Saturday night. The
creeks are very high. The stage that
left here Monday for Cloverdals has no.
yet arrived there. Mails LEI. here
yesterday and to-day OIL horseback.