The morning call., 1891-11-14
BANK TROUBLES.
Confidence of the People Being
Restored.
Large Amount Of Coin Sent From Los
Angeles 10 San Diego.
An E8gIiShman Oilers 10 Draw Money From
New York and London 10 Relieve the
California National Bank.
Special TO THE MORNING CALL

SAN DIEGO, Nov. 13.-The suspension of
the California National Bank continues, Of
course, to be the absorbing theme of con-
yer q ion. There were no new sensations
developed to-day. There is no dispos tion
to lay any particular blame on anybody,
and there is tonight very general feeling
that the situation is improving. The three
other banks met all demands with their
usual promptness all day. and there is
nothing TO indicate thar any failures will
follow the California Banks trouble. Pub
lie confidence in J. w. Collins, President,
and s. G. Havermale, one of the best
known Directors. is very great and the
people believe that between them and the
many friends Of the embarrassed In
stituton everything will be brought around
all right. There was nothing in the
nature Of run on any of the other
banks during the day, and the result is that
the public mind is comparatively easy. Dur
ing the nigh. special train arrived from
Los Angeles with a very large supply Of
coin with which to fortify the banks here.
The Presidents of three Los Angeles banks
were in the city all day investigating the
local banks and canyassing the situation
generally. They pronounce all three in5ti-
buttons in perfectly sound condition, and
they went north this evening, confident that
nothing further will happen to seriously
cOmplicate tue situation. 1t is certain, be-
yoHd any doubt, that depoSi;orS will
not lose a dollar. Bank Examiner W
81. Chamberlain arrived this evening and
will begin his Investigations tomorrow. A
very good feature of the situation is that
George Y. Sims of the Lombard Trust Com
pany OF London, who came TO this city to
look about for all investment for his COM
paDy and who expected 10 become inter
eSted in several matters with President Col
Inns, examined the bank to-day and de-
clared that if Bank Examiner Chamberlain
will give him authority TO do so he will
bring out money enough from New York
and London to re-eStablish the bank on a
souuder basis than ever.
Following is a copy of a dispatch received
Yesterday by Mr.. B. Mel. Hardisty in this
city:
The condition OF the California Savings Bank
depends on tie California National, which will
b. sScertalned as soon as The National Examiner
Completes his work. All the banks here are in
nIstclass condition. There is no excitement
aud Tie oanhs are prepared for any emergency.
DUNSMoOR & GERBERDISG-
The California Savings Bank is an ad-
junct to the National Bank.
BARD's CHARACTER SUSTAINED.
MADEIRA, Nov 13-Frum persons here
who were Intimately acquainted with w.
Z. Baird during his residence in StreatOr
H., 1t is learned that his reputation is re-
ported as having been above suspicion.
His connection with tile j. G. Wilson bank
as clerk was previous 10 that bank fail
uTe.
ABANKING FIRM CLOSES ITS DOORS.
LINCOLN .Nebr.), Nov. 13.-Kloman &
Arnold, bankers at Broken Bow, closed
their doors this morning and telegraphed TO
the Auditor OF the State for an examina-
ton. Tenders Of deposits were refused
yesterday. 1t is thought that deposit0rs
will be paid in full.
SUSPENSION OF ANOTHER BANK.
CHEYENNE Wyo), Nov. ia notice
was posted at the Cheyenne National Bank
to-day, to the effect that business was
temporarily suspended on account of the
absence Of the funds TO meet the demands
of depOsitors. This was caused by a run
following the failure Of the Bank Of Cali
fUrnia, al San Diego, J. W. Collins having
been at the head Of both houses. No figures
on the condition of the bank can be had,
but the people are confident that bank will
resume.
MORE OF BAIRD's TRANSACTIONS.
FRESNO, Nov. 13-The rascally transac-
tions of w. F. Baird, late Vice-President
and Cashier Of the Bank of MADEIRA, con-
tlnue to come to light. While there was
originally about $50 shares of bank stock
issued there has already been presented
over 1000 shares of fraudulent stock. The
oyerissue is held in this city, Los Angeles
and by the Pacific Bank In San Francisco.
Major Bonebrake of Los Angeles holds
$1,000 worth of notes hypothecated with
his bank by Baird. Several notes have been
found where Baird had raised them from
$40 TO $1,000 and SIS to $3.50. The Consoli-
dated Bank OF ElSlnore may vt suffer Sc
versly on account of Baird's rasc.lity.
The latter has not yet been arrested.
VIII Return to MADEIRA.
On a telegram from Constable j. W.
Greene of MADEIRA to Captain Lees, Detec-
tive Whitaker last night arrested w +.
Baird at the Pallce Hotel on a charge oil
forgery. and booked him at the Central
Station. en- route 10 MADEIRA. Baird refuses
to explain the circumstances that led to his
arrest. and no further details than above
stated are known to the police here.