New-York tribune., 1907-12-01
ON THE PACIFIC SLOPE.
San Francisco Financial Situation
Continues to Improve.
fBy Telegraph to The Tribune.


is expected that next week will see number
of banks return to normal business. San Fran
cisco has been aided in this resumption by the
large output of gold in Nevada and California
which approaches S2.NO.OO0 a month Ne"
York transfers of gold are increasing
Most of the local business is still done by
means of certificates. The issue Of 81 and "
certificates has been a great help to retailers.
as the supply of silver coin is small The stock
holders of the California Safe Deposit and Trust
Company have subscribed one-fifth of the capt
tai assessment. and are prepared to do
more If necessary. 1t is believed that by the
first Of the year the bank will be reopened.
Scenes of pioneer days were recalled this week.
when hundreds OF italians at North Beach dug
in the debris covering the empty lot for coin
that had passed through the fire On the site
Of the old Chappelle house one of the landmarks
of North Beach two italian boys found $1,000
dollars in blackened silver coin They were SO
excited that they could NOD keep their ind Sc
cret. with the result that the entire Italian col
ony descended upon the ruins and dug all night
by candle and lantern light Several thousand
dollars more I'm silver coin were uncovered
The money probably formed the hoard of old
Mrs. Mary Chappelle, who had a local reputa-
tion as miser.
Frederick s Butler. an old marine under
writer. who for four years has been employed
by the Aachen and Munich and the Hanover
Fire Insurance companies, is in Jail for en-
bezzling 81 900 of the funds of the
Hanover company. Butler. who is fifty-three
years old. admits the embezzement and says he
took the money TO speculate with. The fuan-
cial stringency wiped out his margins and
brought exposure.
number of we'll known California authors
read parts of their works on Wednesday night at
testimonial benefit to Miss Ina Coolbrith. the
San Francisco poet. The benefit was suggestion
of Gertrude Atherton. who read short story
fiRnr -br tool
rem Cheney, Charles Warren Stoddard. Herman
Whitaker. James Hopper and George Sterling
About $1,000 was realized for fund with
which home will be bought for Miss Coobrith.
Colonel Frank J Bramha1l. who was with Ad-
miral Fdrragut when he the Mobile bat
teres died this week near Sacramento Colonel
BramhalI had been connected for several years
WITH the advertising department of the South
ern Pacific Company He the author of
several books about the Civil War He was a
native of Albany.
The hop growers Of California are about to
organize an association for their mutual pro-
lection on the same lines the Cotton Grow
ers' Association OF the Southern States. After
this organization has been completed. an effort I
will he made to organize the growers of Oregon !
and Washington. thus making Pacific Coast |
union which will control the output and finance |
all the members of the organization
Smiths Cash Store is again insoIvent. with no |
chance of resumption. Harper Smith. head of |
the corporation. built up enormous business !
by shrewd buying and large sales. especially J
during the KIondike excitement when ne out |
fitted hundreds of prospectors. He built large |
store the FeTry Building. but just before |
the fire became financially involved. His cred !
itors gave him another chance. however. Then l
the fire came. and Smith among the first
to rebuild his business. Lately. however, he
has been acting strangely and his friends finally
persuaded him to enter a sanatorium. Local
ful-D Of
and will what they from the wreck.
The business good. but Smiths manage
ment brought heavy losses.
The men in charge of the Mohawk combina
ton lease at GoldfeId eager to work
the rich ore exposed that they failed to timber
the shaft properly. and cave-in has resulted
which has thrown four hundred men out or
work and will prevent the leasers from getting
any advantage from the rich ore. as their lease
expires on December l.
The demands of the miners union at Goldfeld
will probably result in converting the camp
into an open shop. The men refused this week
IN accent nav in certificates guaranteed by the
hank of senator Nixon and John Swingtield, al
though for several weeks these certificates nave
been regarded good as coin In Goid1eld ana
other camps. The sudden determination or the
mo-, 70 demand coin was due to the Influence
Of Secretary William d. HAYWOOD of the West
ern Federation of Miners. The owners nave re-
&
an additional guarantee OF the certificates. and
tba mon have struck. The result VIII be the
closing down of all the mines until ron-union
miners can he brought in. II is believed that
most of the miners Will resume work despite the
union as they are tired of the agitation OF HAY
wood and his followers
Eleanor Gates The novelist. recovered at Los
arga,es this week her pet horse Hector. which
had been lost for nearly year. The animal was
Skinned West from New York. but the railroad
company failed to identify IL here.
The directors of the Young Men,; Christian
A Association at Seattle recently installed billiard
and pool tables in their rooms The Methodist
ministers of the city protested vigorously against
this sanction of billiards. but without avail.
The president of the association is T. s. Lippy,
a Klondke millionaire. who is also prominent
Lippy was a poor college professor
who ioined the first rush 10 the Klondike and
settled on Of the richest claims Bonanza
Creek
The Mayor OF Seattle refuses to order the
theatres closed on Sunday. although the State
supreme Court had declared that the Sunday
closing law is constitutional. The ministers of
Seattle have determined to break up the Conti-
mental Sunday here. but thus far they have
made no headway The Prosecuting Attorney
will not interfere
THREE VICTIMS OF KENTUCKY FEUD. |!
Whitesburg Ky. Nov. 39-In an encounter to-
Law resulting from feud between the Miller and
ar (srpek JOhn