Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-04-13
PACIFIC COAST DISPATCHES.
LATEST SENSATION At The BAY.
Jim Keene Sends Home for Mud.
DECLINE IN BANK OF CALIFOR.
MA STOCK.
Chin Nook to Have a Respite.



SAN FRANCISCO, April IL.
Some attempts have been made by
one of the city papers to uncover a sen
satien on account of the absence of any
representative of the Nevada Bank
and the Bank of California at a meet
ing of Friendiander's creditors yester-
day; and the low price at which the
stock of the Bank of California has
been sold for q few days past has been
attributed 10 a want of confidence
among stockholders, owing to sup
posed losses sustained by the Bank
through Friedlander's failure.
Inquiry from competent sources of
Information discloses the fact that Jim
Keene, who is using his capital at a
lively rate in New York, found him
self ia need of more mud" and ac-
cordingly ordered the sale of 1000
shares of the stock Of the Bank of Cali
fornia. There was at once a rush
among brokers to secure commissions,
giving the impression on the street
that every one had the stock for sale.
The thousand shares and more
were taken in a lump by Horace
Hill--Mike Reese, Calvin Page and
OF hers being disappointed applicants.
This transaction, in connection with
the present low condition OF the gen.
eral stock market, is accountable for
the drops in the stock of the bank. As
to the absence of representatives of the
banks from the meeting of creditors,
the officers OF both institutions state
that they had no business there; that
their respective banks hold ample real
estate security for the amount of MIR.
Friedlander's obligations, and they
have no interest whatever in any COM
promise that may be offered by the
creditors. In the ease of the Bank OF
| California there is no payment due
until July next, when the first install
ment natures. The officers of both
banks express themselves entirely sat
listed with the state of affairs, so far as
1t affects them, and treat the sensation
al rumors put in circulation with in
difference.
An order has been issued by the
Twelfth District Court, on the petition
OF the Spring Valley Water Company,
commanding the Mayor and Board OF
Supervisors to refrain from carrying
out the provisions recently adopted by
the city in AN ordinance empowering
the Mayor to restore the connec-
ton of water pipes with the public
squares and other places when broken
by the Water Company. This
morning the water was again cut
off from the public squares by the
company. The Mayor learning of this
movement after his return from the
country, employed plumbers to re-
store the connections and directed pc.
lice officers TO prevent any n from
turning off the water hereafter. The
Spring Valley people threaten to have
the Mayor arrested for contempt OF
court In disobeying the restraining or
| der issued by the Court. The Presi-
dent of the water company has ad.
dressed a communication to the May
or protesting a willingness to entel
into an agreed case to be submitted tC
the Supreme Court at its present term
to determine what is mean by the
term "great necessity" used in the
statute effectiDg the water company,
and whether the supply for the ordi-
nary uses OF the municipality is in
cluded in the term, the decision to enc
all controversy between the city and
the company, the case to include q
stipulated amount to be accepted by
the company in the discharge of it,
claims for past service, in case the
judgment is rendered in favor OF thu
company.
In the case Of the United State!
against ex-Treasurer Cheeseman in the
Circuit Court, Judge Sawyer to-day
rendered a decision In favor of de
PENDANT. The United States Attorney
gave notice of a motion for a new trial
A circular has been issued by tn,
Executive Council of the Order of eau
casians calling upon the members in
diyidually to subscribe to a fund to Sc
cure counsel 10 look after and defend
the interests Of the order as likely t.
be affected by the approaching trials
of the Chico murders and incendiaries
The dispute between the United
States and the Oakland Water From
Company has been amicably settled
the company deciding to the United
States its title to all submerged lands
on the water frontage necessary fol
carrying out the Government plans to-
the improvement of the harbor. A
bill appropriating funds for the i'm
provement of the harbor Is expected
to be passed at the extra session o
Congress-, the present arrangement re
proving the only objection to the pas
sage of the bill.
To morrow is set for the execution o
the Chinese murderer Chin Nook Sow
1t is stated, however, that there is
probability that Governor Irwin will
grant him q respite. He stated to MI
Pringle, of counsel for the prisoner
last evening that he had not fount
time to examine statements on petition
for reprieve, and would grant a respit
to enable him to do 80.