Los Angeles daily herald., 1876-02-04
PACIFIC COAST.
SAN Francisco News.

SAN FRANCISCO, February 3D.
The plethora of silver is becoming
oppressive to trade in this city and
steps are being taken to modify the
evil.
The Produce Exchange to-day adop-
ted a resolution to the effect that all
transactions between members shall
be on gold basis unless otherwise
stipulated.
City millers have resolved hereafter
to charge an advance of 121 cents
when they are paid in silver, if gold
stands at present quotations. This
practically makes two prices for flour,
but until gold and silver come nearer
together this action on the part of
millers is unavoidable. Prominent
houses in different branches of trade
are moving in the same direction, but
as yet the project has not assumed
shape. To-day silver is q q 8 per
cent. discount on the steeet. Bank
rates are one per cent. higher.
The Bulletin tonight published a
story of finding diamond deposit be-
tween Pescadero and Spanishtown, on
the Ball Ranch, some 80 miles South
of the city. The finders are Geo. f..
Mondow and James w. Bell. They
secured between two and three hun
dred specimens, twice as large as cas-
tor bean. Mondow says he and Bell
prospected in the neighborhood for
other deposits but failed to find any,
and represent that the rancheros in
the neighborhood are much excited
hn nd nd 1ao mn
thing to prospect for the precious
stones.
A. Hart went to the What Cheer
house last night, took room, and was
found this morning with his throat
and arm cut, dead. He committed
suicide, but nothing further is known.
Thos. w. Williams, against whom
two indictments for burglary were
pending, withdrew his plea of not
guilty in the Municipal Court this
morning and plead guilty. Saturday
was set for sentence. Williams Is the
individual who some months since
burglarized the jewelry store of c. A.
Miller, on Fourth street, and was sur
prised and chased by two policemen,
one of whom he attempted to murder,
but was shot in the back and captured.
He subsequently escaped from the city
prison hospital ard was recaptured.
Williams is one of the Chicago gang
who came out here last Summer.
Between one and two O'Clock this
afternoon two or three young hood
lums effected an entrance into the res
idence of Capt. Johnson, on Mission
street, near Tenth. and were about to
help themselves to such property as
was lying around, when one of the la
dies of the house detected their pres
ence and went out after an officer, and
returned with one just as the trio of
hoodlums had left. He placed two Of
them under arrest, but they resisted
bis efforts so strenuously that only one
was captured.
Aaron Rose, office boy in the en-
ploy of Charles Alderman, an attor-
ney, was arrested this morning on q
charge of grand larceny. On Monday
the lad was given a draft on the bank
ing house of Darl. Myers & Co. for 5000
to collect, with instructions to get a
certified check. Instead of doing this
he got the draft 'cashed and then mys-
teriously disappeared. The matter
was reported at the Police office and
the defaulter traced to house at Lone
Mountain where. at an early hour this
morning, he was found snugly slowed
away. All the money with the excep-
tion of $40, with which he had pur.
chased brace of revolvers, was found
in the room.