Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1884-06-27
PACIFIC COAST AOvICES.
TsPEcIAL TO THE SENTINEL


TsPEoIAL TO THE SENTINEL
Stringency I'm q. r. Finances.
SAN Francisco, June 26.-The Bulletin
publishes the following as semi.oficial: 1t
is announced that the Central Pacific Rail-
road Company will postpone for a time the
pay OF the salaries due employees this
month, in order to accumulate funds to
meet pressing demands. The present
cramped condition Of the company arises
from the falling OF of traffic and the con-
sequent decrease Of profit by disasters,
especially on the Southern Pacific Railroad
and its branches. Timothy Hopkins,
Treasurer, the only prominent official at
statement. Manager Towne Is in Monterey,
and was telegraped to on the subject. In
reply he said there is but little foundation
in fact for the statement that the company
will postpone the payment of salaries.
The pay car may not be sent out over the
entire system till after the LIST prox. The
earnings hold up remarkably we'll. The
operating expenses compare favorably with
last year.
Charles Croker, President Of the South
ern Pacific, and second Vice President of the
Central Pacific, is at present attending the
Cotton trial at Santa Rosa. He was in
terviewed and said the Bulletins state
ment was quite true. He had to ask the
employees 80 days credit. Said he: 1--WE
heard no grumbling. This is the first time
such deferment has occurred. We have
got some pressing demands to meet, and
money is so tight; it is harder than draw
ing teeth to get any; W can't get more
than Is cents on Southern Pacific bonds.
/ am trying hard to borrow some money,
and think l shall be able to get it, but all
the moneybags in the country just now
are drawn very tight"
Mr.. Orocker, in q telegram to the Asso-
cisted Press, says: 1.-THE report in the
Bulletin is substantially true, although we
have not yet fully determined the matter.
Should the money market ease up we will
pay as usual"
Will Not Need to Wall.
SAN Francisco, June 26.-It is stated
to-day that the employees Of the Central
Pacific Railroad Company will not need to
wait for their salaries any longer than it is
necessary to get the pay car, which has
been newly painted n renovated, out OF
the car shops. The Evening Post will pub
lish an interview with the Nevada Bank,
wherein the bank states it is ready to loan
as much money to the Central Pacific as
they may desire.
The wrestling Match.
SAN FRANCISCO, June 26.-At the private
Greco-Roman wrestling match, which took
place this afternoon, between Cannon and
O'Hanlon Bauers, the unknown, was won
-. GA--0- -A4 Dasnn1 Akn Ev1A call IN
six minutes and the second in three.
There was but little interest taken in the
match, as it was believed it was only a
bait for further matches.
Lottery Ticket Sellers Arrested.
SAN Francisco, June 26.-The police
to-day raided an Office where lottery tick
cts have been sold for some time past by
J.. Raymond and Jacob Goldsmith. Fiji
teen arrests were made. The prisoners
were released on giving $50 bail each.
Two keepers were required to furnish
$3.50 bail each.
Faflare of A. Nathan.
SAN Francisco, June 26.-Abraham
| Nathan, the dry goods dealer, has failed.
His liabilities are $40, 900. An assignment
of the assets was made to Nathan Boch-
| man for the benefit of the creditors, upon
| which the assignee realized sufficient to
| pay the creditors % per cent of their
claims.
Death of a Stock Broker.
SAN FRANCISCO, June 26.-S. B. Boswell,
| a member of the San Francisco Stock and
| Exchange Board, died this morning. The
Board adjourned until this afternoon. His
| death resulted from a stroke of paralysis
| received several days ago.
A Safe-C Cracker Sentenced.
SAN Francisco, June ~26.-Judge Toohey
to-day sentenced Joseph Randall, one of
| the Eastern safe-crackers, convicted Of
burglary in the first degree. to 10 years at
San Quentin.