Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-01-10
The New Railroad Commissioners.

SAN FRANCISCO, January 9sh.-The new
Board of Railroad unissiouers to-day
elected Carpenter Chai.man. Andrus wa:
continued "a Secretssv, 80 hold at the pleas
urs Of The Board Fo,te called attention te
the tact that be hsd mads certain specific
pledges, and in view thereof offered resolu.
tioa fixing fares and freighfs on the Central
and Southern Paciic roads as follows: Fol
passengers over II years of age, 3 cents pei
mile; under IL years and over years, II
cent? provided, that when the rates are now
less than the above they shall not be raised
he also offered resolution requiring the
railroad officials to answer under cath ques
tions IS TO the cost of the roads and eouip.
ments. gross earnings and operating expenses
for 1882, per cent. of operating expenses Ia
gross earnings for each year since the road
had been in operation, total value Of property
in the State, amount assessed for taxes il
1882, schedule Of freights and fares, how
much Of the gross earnings, came from local
passengers aud freights, and total expenses
for salaries to employees for 1882. Foote ex,
planned his resolutions, and said he did not
wish to be unjust to The compsniss. After
some discussion, the Board adjourned till
Tuesday, January 23i.
Annual Elections-Dividend and Assess
nent.
SAN Francisco, January 9sh.-At the ar
nual election of the San Francisco Stock and
Exchange Board to-day the old officers were
reelected.
The annual election Of officers of the Cham
Der of Commerce was held to-day, choosing
for President, Horace Davis First Vice
President, D. j. Staples Second Vice Ples;-
dent, r. E. Welch.
Kentuck declares a dividend OF 10 cents
per share.
Scorpion levies an assessment of 10 cents
per share.
Business Failure.
SAN Francisco. January 9sh.-The old.
established wholesale grocery and produce
firm of Rountree & Mcclure failed to-day.
Assets, S57, ,000, everything included; liabili-
ties, $69, ,000 Ths debts mostly are TO the
Bank Of California and James Whartenby,
for borrowed money, bat there are soms small
Eastern liabilities. Everything was turned
over TO the creditors. TIE parties are reti-
cent as to the causes of the failure.
The San Francisco Money Market.
San francisco, January 9.h.-The say.
ings banks are carrying great deal OF coin,
as they always do st this time Of year, in
order TO pay the semi-annusl dividends on de-
posits. The Hibernis Bank has deposit
line of about SlS, 800, 900, the largest Of any
bank west Of Chicago. 1t hss also over
$500, 600 in ready coin, besides about so, ,000,.
900 in bonds, convertible into coin at any
time. The managers of the savings banks OF
the city ara of the opinion that money will
go no lower here, though they do not aptici-
pate any immediate Improvement, since most
of their loans are on long time. The CON-
mercial banks are generally asking per cent.
as the lowest rate for the best class of busi.
NESS, and or soma loans as high as 9@10 Per
csnt. is obtainable. Money on city real estate
is fres at 6 per cent, which is practically 4
per cent. to the borrower, under the present
law in relation to the mortgage tax. Dones-
tic exchange is weak. Drafts Or New Yori,
sell at par: kilograms on do. 10 cents De,
Sl00; London exchange, 493@495i for bank
bills, and 50@50sd fer commercial refined
silver. 15@l54 per cent. discount Mexican
dollars, S7@S7lc apiece, nominal
Frightful Coal OH Accident A Boy
Burned 20 Death.
San BgENAvENTCRA, January Cha
fearful coel oil accident happened here to
day about P. NJ. IL appears that Bu.tor
Huinmett, 0 lad about 0 years, poured oil
from can into stove. when the can ex'
ploded, envsloping the boy in the burning
oil. His mother ran TO his rescue. and the
two rushed into the street, he pillar Of FIRE
his head. Henry Stileg, the only man in the
vicinity, rushed up snd enveIopsd the laos
head Ia a barley sack. but it burned up in-
stantly. By this time blanket was brought
and the boy was wrapped in it; but the
flames could not be extinguished Mr.. Stiles
then carried him across the ssrest to neigh
bors, where he was placed in sink and q
small hydrant turned on him, which finally
exsinguished the burning rags, which were
sll that were left of his clothing. His entire
body was burned over and the flames Inhaled.
He only lived few hours. Meautims the
mother had thrown herself on the ground,
and some ladies extineuished her clothing
bnt not until che was terribly burned from
the waist downward. The house. with ali
its contents, was burned. In an hour sub.
scription was started for the afflicted family,
and quite sum was realized.
Accidental skooiIDg-Q Quarrel Over Cards.
PETALUMA. Janusry 9:h.-Frederick Howe,
of Marin county, while out hunting yester.
day, in drawing his gun by the muzzle toward
him it was discharged, the lead taking effec,
ia his thigh, producing most serious wound.
qusrre, over cards in a saloon here last
night resulted in man known as Scotty,
whose name is supposed to be James Scott,
being stabbed on tie side of the neck by one
Shelton, of Marin county, who is now under
arrest, charged with assault with intent to
kill.
Suicide In Butte County.
RED BLUFF. January CHA young man,
aged ablus 24 years, named John Church,
committed suicide yesterday on the old Sosr
Ranch, near Battle Greek, by cutting hil
throat from ear to ear with razor. No par.
ticulars have been received ss to the cause oi
the act. He was employed by the Sierra
Lumber Company in the sash, door and
blind factory about year ago in this town.
ARIZONA.