Daily Los Angeles herald., 1878-09-19
Morning kilograms.
Passengers GOtug sOuih.

Passengers Going south.
MoJAvE, Sept. 1s.-P. w. Rear
don, NJ. Trainor, G. A. Holmes, w
Ross, Mrs. M. Koss, e. h. Tard, F
A. Patey and family, F. Fanel. d.
Weatherby, p. w. Belt, G. Healey
w. E. Higgins, K. w. Campbell,
E. F. ii. Durica, three officers and
thirty soldiers.
spec"in;iOas "n Mahe's suIe DO.
SAN FRANCISCO, Sept. 1s.-A
number of rumors are afioat as to
the cause of Gustave Mahe's sui.
eide. 1t is reported that nOtwith-
standing the recent favorable re-
port of Commissioners az to the con.
dition of the bank, considerable
and distrust exists
among depositors ~ to the status
of loans made on suburban proper.
ty. 1t Is understood that the Com
nissioners have made au eXamina-
tion of the property in question,
hut have not vet reported on it.
The city zeal estate Is found to he
wnrth practically whnt II WA rated
III ty the bauk. but there is an inn
Iuc-Sirn that s"m. If t.p outside
trri ctty has iaigtly t!epie.'ipttd
ii,Ir Ia onr inun VI 500 coo nn
ptortitv urar S,u Mi IT,, bel ng
irg 10 The 'stnti at thr late. +. |.
a. Pic che, al, which uo interest
has been paid for thr last
five Years, and it is believed
that the property has deprecated
to one half the amount Of the
loan. II is further said that depos-
itors had concluded to call u meet
ing and obtain a full statement
from The managers of the bank
concerning these matters; that
through courtesy the deceased was
requested to call the meeting; that
he failed to do SO, and, in conse-
guence, the depositors called the
meeting tbemsel, es for next Sat-
urday. 1t was proposed at this
meeting to demand the removal of
the deceased from the directory. 1t
is believed that the prospect of re-
moval from his position, which he
had held for the last eighteen
years, influenced Mahe to take his
life.
Va" Fraocisca Markets.
SAN FRANCISCO, Sept. 1s.-
Wheat-dull, but holders ask pre-
vious prices; shipping, ST. 65@1. 20;
milling. S1672@l.724; choice Sono-
ra sold at ST 81. Bariey-duil;c G st
feed, 80, @Sl; bav feed, Sl.O2@1 OF;
hrewinp, ST. 173@1.25; chevaIier,
S1.S5. Oats-duI; California. ST Is
@l 55; Oregon, 81 35@l 55. Com
small yellow, 81 2OMl25; white,
S1.10@l l5 Rye-$1 20@1 %. Pc.
tatoes.tirm; red, 81 12a@1.40;
white, ST l22@1.30. Hay-demand
fair and prices flria, $7@l4.
SAN FRANCISCO, Sept. 1s.-The
doors of the French Savings Bank
were closed this morning and no
money is received or paid out. A
line of depOsitors stand outside but
are refused admittance. The Cash
ier and assistants are busy over
the accounts. Two of the Directors
who were on hand stated that they
knew nothing to account for the
suicide of Mahe, and but little
about the affairs Of the bank. but
that a meeting would be held this
afternoon at which some course of
action would be agreed upon. At
the office of the Bank Commits.
sioners some Information was
obtained tending to throw more
light on the affairs. Com
Coleman states that
at the time the recent letter from
the Commission was made public,
TO the effect that the bank was in u
sound condition. their investiga-
tions all pointed to that conclu-
sion and the letter was given to al
lay the fears of depositors. Since
then some matters have
come to light to make the showing
less favorable. 1t was ascertained
that, In one case loan of $45, 900
had been made, secured on real es-
tate which was already encumber-
ell by mortgage in excess of its
value. Other assets to the amount
of $168,000 were found to be
in an unsatisfactory condition.
Commissioners Coleman called
Mahe's attention TO these facts,
and reproached him with lack of
cantor in his presentation of tie
bank affairs. This seemed To affect
Mahe greatly, and the want of con-
fiience expressed by Mr.. Coleman
moved him to tears. He ma, Q
over real estate yesterday to GOV. r
the $45. 600 loan and gave his per-
sonal guarantee to secure $l6S,00O
cash. 1t Is considered possible that
other cases of the same kind may be
discovered in further digging into
the affairs of the bank, and the inn
preston is that the suicide Of
Mahe Is owing to these complica-
tions. The Com missiOners express
the opinion that with the guaran-
tees given by the deceased Presi-
dent, The bank can work its way
out. and deposit0rs will suffer 10
loss. They Incline to the opinion
that this will be the best course to
pursue, as the bank Is purely a mu-
tual institution, and there are no
stockholders to fall back upon.
suicide Of ~ Ui.sipased Acsor.
SAN FRANCISCO, Sept. 18.-John
X. Mortimer, formerly a promi.
nent actor, suicided last evening
at a low lodging house by taking
strycbnine. OF late, dissipation
had reduced him t. penury and
vagabondage.
NscepsioO To Fremont.
SAN FRANCISCO, Sept. l8.--The
Society of Pioneers last evening
gave u brilliant reception to Gen.
Er., pnt