Chicago Daily Tribune Newspaper, August 29, 1875, Page 13

THE CHICAGO TRIBUNE: SUNDAY,"AUGUST 29, 1875 THE COLLAPSE. Affsirs in San Francisc As- suming Their Usual Aspect. Public Opinion Divided at the Cause of Ralston's Death. Testimony - Taken Before the Coroner’s Jury of Lit- tle Importance. King Ralston and the Do- main of the Bank of California. How It Ruled the Business and Ran the Politics of the Pacific Coast. Sketch of the Career of the Creat Money Mag- nate. Ue Had the Daring of a Gambler and the Tastes of a Sar- danapalus. ] The San Francisco Buolletin on the Prominent Traits in Ral- gton's Charaoter, Gibor Banks in San Franeisco Reported fo Be in Good Condition, And Will Resume Business in 8 Very Few Days. Liabilities of the Bank of California Es- timated at $14,000,000. Asse’s of the Concern Placed . DBetween $7,000,000 and $8,000, 000. TIOE DEAD KIXG. PUBLIC SYMPATHY. TOE JIODY. Bex “RaNcTaco, Aug. 23.—The body of Williem €. K:liton, the President of the suspended Boox Califorms, wno drowned himself last #33 placed in a cacket aod taken from Liz ho'ss to the resideace of Col Fry. The fauera! will take piace on Sunday, aud the in- Quisi tiis afternoon. i PUBLIC TALX. The ¢ ath of W. C. Ralston forms the princi- ral top sof conversation. Flags are at haif- st ik Jughout tho aty, and e:g:_e:s_iflxk_ of re- free 2ot ermoatit e ter information tends strouzly to Givprove the theory of his suicide, wnd tho statements of bis sttending plyticisns £0t0 1 a~w that his death resulied from. apoplexy wisle wv..mming. ez e:-isy Mr. Ralston tranaferred all bis prop— ¢ nator Witham Sharon for the benefit of ors, aud Mir. Sharcn, io receiving the .cdged bis honor to stand by his old RALSTON'S FUNEBAL s por:ned till Mouday, at 11 8. m. . 1 “SOLTTIONS OF TUBLIC BODIES. Ths P:afic Stock Exchange this affernoon adoptod tesolutions deploring the fu-h of Tiadeion, ~aa faithfal friend, valoable .itizen, a4 clian dion of the city and Scate; extending thesrwmp thy of the Board to the family; re- solviug tu attend the fanersl in o body. The 82u Francirco Stock Exchange appointed £ commy’ tee to wait on Mrs. Rakston and tender cathy of the Board; to attend the & body. THE INQUEST. CRSTDMONY TAKEN YESTERDAY. $ax Francisoo, Ang. 28.—TLe jurors on the Yasivn taquest are: Jobo RB. Garniso, C. L. Meller, I F. Williams, A. A. Coben, R. I. Morrow, J. R. Keane, W. 2. L. Barnes, J. C. L. Wadsworth, 1 - JOSEPR DUNKING, propiist-r of the Neptune Bath-House, testified £31ollows : Ralston came to ta'se a bath at ball- raet 3. He usaally came early in the morning. 3y socan-haw served him. Did mot ee0 him ester the water. Had no con- vereaui'n with him, Teo young men went in with him. They shorily ran in and said something was the maiter with that man. They, with my: son-in-law, went ont in a boat sod ‘waicked for Ralstan to appesr at the piles, but £aw pothing of hil. He was perspiring freely Whea he came to the bath-house. My son-in- }n- chec'ted him, He said be would dry himself and sake 8 sbower before going in. CLARENCE DICHARDSON, ron-in-law of tae last witoess, testified: Rals- ton was smiling and cheerful when he came to the bath.-honse. Waited on him, and took charge of his clothes. Warned him against go- ing in when beated. He said be would dry him- ®elf, acd take a shower. About fifteen minutes After ho went in. A young mau told me some- thing was wrong with him. Pashed out in 8 boat, and met another bost with Ralston's body. ‘was in the babit of swimming soms dis- tance whan he bathed. Lid not see him in the ¥ater, THEODOEE C. BEE, Ssmayer at Selby's Bmelting Works, testified: A watchman on the wharf told him a man was <drowniog. The body was 200 or 300 feet from the wharfin the water, face down. Tho head sp- Peared under water. Got Clatk, engineer of the Steamer Bullion, lying near, to recover the body. He bronglit it ashore. Did ot sse him breathe. Used means of restoration. Baw signs of life, 04 st for a doctor. Dn. Newmark came. MICHAEL J. CLARK, enzineer of the stesmer Buliion, testified: Saw the man in the water squrming me if toa St. ¢ tcted unnaturally ; was 200 or 500 feet dis- tant. Went in abost and got bim in. _Thought be was alive when I reschod him. Nesred he “wou'd die before resching the ehors. Laid him stomach. Pulted for shore ss quick as Tossible. Noticed no signs of life when I got bum aehore. When I first saw him in the wator ke was stroggling and making for the shore. DR. NEWMARK SWORN. When be armved be found the bodyon the ‘tand, apparently Lfeless. Could detect po beat- Ingaf the gusoor beart. Eept up ertificial o for an hour. ‘The appesrancas of the 'Y was that’'of a man who had died from 2po- Dlexy. The face was livid, eyes glassy, and pu- Pils dilated. A sudden plunge when ovarheated ‘would be #pt to producs apoplexy. . Mecari carroborated the testimony of the witness. - Qas of s urece bare said: “Ii is gualess o exami y more witnesses. If we don’t kmow ln‘:;“‘flun that man died of, we neyer shall The inquest adjourned till 1 p. m. Taesday. TEE AUTOPSY. Sax Fraxcrsco, Atp. 28.—An autopsy was mado on the hody of Ralston, but the Coroner a4 yet declines to make the resnlt public. It wili be given to the jury on Tuesday. et iy VINDICATION, THE EAX FRANCISCO BULLETIN'S STORY. Bay Fraxcisco, Aug. 23.—The Buulesin this evening has the followivg editorial on the death of W. C. Ralston: . The community was more painfally gurprised bv the announcement of the desth of W. C. Ralston yesterday afternoon then by the failure of the Bank of California, which had just pre- ceded this tragic event. The fortune of that in- stitution was the culmipation of Alr. Ralaton’s financial managemect. He ‘had beon allowed full swing, or so pearly so that he was Tesponsible for the bsnk management, and probably for a loog time past he slone knew its actual _condition. When, therefors, yesterday, after the late Preeident bad made his statement to the Direc- tors of the baok, and thev promptly took ths further management of its afaws-out of his hands, Mr. Ralston cessed to live almost simul- taneously with bis ceasing to be President. It w8 AN TNTORTUNATE ENDING of & once powerful institution, and tragic ending of o life. Grest as were the financial abilities of Alr. Ralston when bhe was advanced to tho bead of the bank, there was the inception of that feilure which cuimipated yesterdsy. Nr. Ralston had the dsab, nerve, and quick impulses which belong to tbat class of men who make brillisot epecula- tions, aud are as often overtaken by disastrous effects. He was bold sud stroog-willed, and, while It bordered on recklesscees, e was taken fora financial genivs. He was at the sama time 2 man of great resch and enterprise, 80 that the management of & great banking ioatituticn, in- etead of being made an extonsive business, was ONLY AN ITEM in tho multiplicity of his affeirs. Mfr. Ralston ensaged largely and lost very heavily from time to time 1n vutside speculations. He wss 8 heavy operator in stocks. He made s large sum in operations in Belcher, and probably lust & much larger one in h.s more recent overations in Opbir. Intiislast operation the losses of tha pool are said to have been hardly less than §3,000,000. AMr. R. lacked the disciplino of early training. If victory did not coms with the bold dash, reverse was pretty certainto follow. He conld work ont nothiug by any pa- tiant or slow procesa of reasoning. He was for- ward with the first impulse or intuition, either to succeed or defeat. With a great institntion 1t bis back, tbe plamourol such power made im ETEN MORE ATDACIOUS - and reckless. He conld acd did plan good things for private _individuals, and some bad tuings for the piblic, It was onl? when he attempted to initiate public enterprises in the way to make them subservient to private eculations that the Bulletin made issue with Mr.R. We had many long ana earnest inter- Yiews with bim at our ofiice, and at the end of which he always left fally determined to_ carry ont bis own yplacs, bzt was fully informed that the Bulletin would dofend the public interest, patting it before private epeculstion, let what ‘wounld happen. 1o was ur. Raleton’s course on questions of great pablic mcment, invclving millions of dol- Iare of pubtic money, which made these criti- cismse peceesary, We have never for a moment donbted the justico of these comments, and do not doubt them to-day. Mr. Ralston's relation to theso intorests was one that looked to the sub- ordivation of tnem to PRIVATE GAIN. He bad lost heavily, and could not see why he should pot be permitted to mase up bis lussca at the public expense. If b was somefimes ready to serve the public with his great oppor- tunity, ho was aleo 1eadv to demand concessions from the same putlic, which could noi be made without great and positive detriment to such ivterests, lie thorght it right toelect officers to shape municipel, and, if need be, the State Governmeut, so that his plans should be more readily executed. Whenever this was dore, his energy and Lis auntocratic ambition were put to tLe most dangerous use. No Jjournal conducted in the interese of the pubhic could hesitate for 8 moment &8 to its lino of duty. We interposed only when the public meas- ures which he bad o:iginated and was pushivg to dangerous consum:ation rtaade that dotv clear, and then we never hesitated to warn the pablic of the dapger.beine_perfectly willing to that might follow. “—rexaim P The devclopments of the last fow days, efford 50 complete a vindicaton of the Bullelin that wo are-not disposed to add more, When nothiog from the first was wanting, 1f there were any reasons, for & eingle regret, it would be in this tbat our warning apd criticiems bad not been even more emphatic and persistent, that some gieater mitigation of pubuc ev:l might have been secured. This is the time for calm and dispaseionate Teview. We do not shriok from making it in tho light of 1e- cent oventa. Vvecould wish that nothing had cecurred to make such & _review necesaary. but thua 19 our opportunizy. While wa do justice to thie dezd wodo not forget what justice aud truth also demands for the living. —_—— RALSTON AND THE BANK. DOMAIN OF THE BANK. In order to understand tbe effects of the fail- ure of the Bank of Califoroia and of Ralston’s tragic denth, it must be remembered that when you cross the Sierras you enter the domain of & new power. Geograpbicslly only you are still within the United Statos. For the rest, all there is foreign. 'L ara of public concern are uot those discussed elsewhers in the Unmt‘l_ Politics thers nre local and quito unintelligible to a voter from the * States,” as well 8 to editors in the States, who invariably grotesquely misunderstand California politics. Business elsewhers throughout the TUnited States is depondent upon New York as the financial centre. DBuswness thers is wholly Independent of New York. Whost is sold by tho cental, not by the bushel; greenbacks are daily quoted st the discomnt disclosin; their sctual value; snd all basiess operations are conducted on specie bages. Whoaver remaina bere long enough zod makes careful ohserva- tion will find & surious INTXBATXTUSE OF BUSINESS AND POLITIOS ll over the Pacidc Slope, tbe like of which 18 unknown elsewhere in the United States. All ‘business on the Pacificis monoyolized by o small elique,—sometimes it is divided into leaser cliques,—and the men who have monopolized busioess, for the Iast ten years at Jeast, bave to 0 extent noparalleled in this country controlled politics es subsidiary Lo, or rather a part of their Lusiness, A Lttle closer observation will dis- close that the cliques are conirolled, ns are the speculative operations anywhere—snd all California Is a speculative operation— by the mono; power. That elsewnere means the upltyfl‘gu and bankers generally. Up to dav befors yesterday in California, Oregon, aod Novadas, THE MONEYED POWEX MEANT THE RANX OF CALI- FORNLL— - what is now the moneyed power “thers no one can tell until after the wreck is up. The Bank of Californis meant RALBTON, and again bas it been told by newe- paper correspondents makiog s tlying tnp to Californis how the Baok owsud Califoruis, and ixlaton managed the Baok. Bat only Califor- niaos knew that in all their secmingly exaggerated reports the correspondonts did not state half the tr uth. ‘The Bank of California BeS ABSOLUTELY NULED the money market, making mouey tight or easy at ploasure ; has forced the quotations for miu- ing stocks to ten, tweoty, and a hundred times their actual valoe ; has in like manner dopreased them to balf or o quarter or & tenth their valae; bas bulled fictitious stocks, that is, etooks in mives that yiclded Do return, to & par with those of the best paying mines ; has more than once forced the great Central Railroad Compsny to get out of the way of bank schemes ; baa BRELEXTLESSLY CRUSBED EVERTBODY WEO DIs- PUTED 1T8 ARSOLUTE 8WAY in busioess, or in politics, which was rma as parc of its business; and, the while, bas boen the clearing-houss sod nltimato bauk of deposit of the thres States and adjscent Territorios. And the bank, s8 befors sctated, was Ro!ston. The ratiooale of the. whbole. which could only have been possibla in Cal:fornia, sod which sesrs 80 coatrary to allcunons of busineds elae- whete, 13 vers simple. Elsewhers in the United States busimesa s condacted upon an achusk or what is supposed to bo an actua!, financisl basis. All other ventures are tabooed sa weildoet,? Sud wld fum bauks 'have nothing to do. There théheeviest business is, in fact, purely wila-cas, Ihe hesviest Lusiness is, of course, mining ; snd, if theis is & more uncertsin busioess, one besot by more riske im- pozeible to be foreseen, it has not yet been ad- vertised. But since the conversion of the min- ing buuness into capital stock concorns, the chief business of those engaged there has been in WORKING, NOT THE MINES, BUT THE STOCES, which, 28 & whole, Lies been found & more profit-* abto busineas than the devalquenS of aoy lode. The whole population of California_snd the mining regioos, it must be remembered, i3 made up of adventurous fortane-seekers. When the time for makfog £20,000 or $30.000 » day by a lucky strike io the digaings had passed, the ad- vonturous fellows who bad invaded that lsnd of gold dircovered how to make strikes of 3! 8 day in mining stocks. RALSTON'S ADVERT IN 'FRISCO. Ralston was ono of the first to make the dis- covery. Having been a steamboat clerk on tne Missiseiopi, snd steamehip agent at Panams, about 1854 he weut to San Francisco sa cashier for Garnigon & Fretz, proprietors of the Nicara- gus steamship line. He was a keen-mitted, money-making young man, and soon bad amasged ecoough fto embork in basiness a8 8 banker,—junior partner in the frm of Freiz & ton, which old Californisns yet romember. The firm was prosperous under his management, and snbse- quently continued ita prosparous career as Don- ohue, Ralaton & Co. 1864 Ralston took aot- ive steps for THE ESTABLISIMENT OF THE MOSSTER BANK, that khould (as for ten yoara it did) control the entire businees of the Pacific Coast, by organizing the Baok of California. Such was bis sddress and such the prestige he had already acquired that the 2,500,000 capital stock was soon all eub- scribed for, and the bank with the largest capi- tal of any financial institation on the coast be- gan business. The heaviest capitalists wers miuers ; the heaviest capital was needed for the development of the mines. It was the era of the deepening of shafts in the Washoe region and of the imrroved and exponsive stzmp-mills, and ore-redaction works. Ralston extended aid to several of the mines; bought for the bank con- trolling intezests in & number ; used the eapital of the bank in developing the mines, and MADE A STRIKE. Within & vear after ita organization the capital stock of the bank was incressed to $3,000,000, aund subscriers to the $2,500.000 aaditional stock were charged s bouus of 25 per cent for the privilege of taking the stock, to bo paid up io full. At that rate, such had been the anc- cess of Ralston’s management in developing the Nevads aad othor mines, the entire two and a balf millions was quickly taken, snd before the olose of the year the stock of the bank was quoted at 140, with no sellers. SHARON 1S RALSION’S PROTEGE. About this time it was that William Sharon, who had lost everyching in Jisastrous -micing speculations. was, by Ralston, placed in charge of the intereats of the bankx =t Yirginia City, more especially of its_interests in the famous Yellow Jacket mive. From that time dates the colossal fortnue of Senator Sharon, who within one year after his appomntment as agent of tho bauk by [Kalston _bad made 300,000, And from tbat time did Sharoo becoms tho firm ally of Ralston in the tremendouns specula- tion upoa which the latter soon entered. With $£5,020,000 prid-up capital at his command (for thouch only Oashier from the outset Halston directed the affairs of the bank), and with the prostige of the extraordinary *strikes” made in the Nevada miae operatious, DALSTON WIDENED THE FIELD OF HIS OPERATIONS, Stock-gambling had alresdy attsived tremen- dous proportions on the coast. With the enormous capital at bis command, Ralaton em- barked 1n it, on the theory that five millious could any time beat a hundred thousand, a half- million, or a million even; and it did. He could seil short, could tighten the money market. and squeeze holders of stocks to bear down the price and rske in the margine. He could tnen declare dividends and otherwise bull the etocks and unload. The bank was naturally mads the depository of the mioes it aided in developing. Percciving the immense pover it wielded, operators, of course, cultivated its good offices by placing their accounts there. Dosineas men who wanted the support of tbe immense financial power, hastened to algo place their deporits with the bank, and soon the de- osit account of the bank was the largest in the nited States. IL has beon tremendously exag- gerated, but _probably for the vear Srmding {he suspension it averaged 10,000,000 to 812, 000,000, which, witn the paid-up capital, made the aggregate fand at Ralston's disposal from $15,000,000 to ¥17,000,000, in gold. OUTSIDE BPECULLTIONS. Tho prics of quicksilver determined the profit of tho minea by doterwining the cost of redac- tion of the ores. The bank, under Ralston’s management. 500D acquired acontroliiug iuterest in the quicksilver mines. Thenceforth 1t arbitra- rily fixed tho price of quicksilver for the entirs ‘mining rexian. e am e b - amAother paying mines ; watored the sLOCKS ; bulled ths market ; unloaded ; forced down the maiket, bougbt in, and repeated the oporation. Later. assured of the supremacy of the bank, Ralston took up STOCKS IN MINES OF NO VALUR, bulled them with the capital of the bavk, un- loaded ; bear down the market, and bought, and tepested the operation. He continued to win, a8 fifteen wi lions slways does azainst leas than fif- teen millions, uotil the question on the San Francisco and Virzinia City Boards became noty *What is_the stock worth?” * What will the ine pay #” but, “What ia Ralston’s next move?™ “Will he bunll or bear tbisstock?” The man who know what Ralston would do was made. Ho operated accordingly and won. TIE 5TOCK GAMBLING MANIA spread nntil for the past five years everybody, from merchant down_to stevedore and kitchen girl, who had $49 ahead, gambled in stocks , sod Ralston, with his fifteen mullion of the baok's capital, gathered the harvest. at as weil he 2 OPERATED NO LESS BOLDLY OUTSIDE STOCKS. The bank became chief owper in the Spring Valley Water-Works, which supply the citv of Ban Francisco; iovested largely in speculative real estato; eadeavored to control the geain market of the coast; and took part in every leading enterprise—all on the theory that fifteen mullions was invincibly opposed to a leseer sum. Whule this was going on_the colossal fortunes were being built up, aod there weroe single indi- vidoals who, agaiost the bank’s fifteen millious. dinided between a hundred enterprises, could oppose one, two, threo, five, or seven millions on o ‘sipgle venture. Sush was the event in 1372 whon arose the famous strugple between the bank and Sharon and Al- vin Haywsrd end Scoator Jones . (Hay- ward's son-in-law) for the whole of the Crown Point Mine—the best paying of all the Comatock T.ode mines. It was million against millions ; the bank was credited with wiining. and Jooes and Hayward with a naTow escape. But someho= Jones and Hayward manifested o ssmtoms of approsch to bankruptey-~are believed to be richer to-day than over; and that the bank roay have lost and Ralston bave conceded 1sn't known yet. ,000 BREAKERS AHEAD. ‘Meanwbils, 2160, nine banking concerns had been established, notably among them the Anglo-American, gotten 1up by the Selig- mxn Bros. snd the Loodon and San Francisco, mansged by ex-Benator La- than, sod with & capital of $1,500,000. The baok had failed in its efforts to unlosd to the City of San Francisco the Bpring Valley ater-Works, or €10,000,000; other operators bed learned the bank tactics, aud proficed by that knowledge, and . ¥LOOD & O'BRIEN, projoctors of the Bonanza scheme, had taken in oullions in that enterprive. At this junctura, Ralston, with that absolute solf-confidence which has ever distingnished him, es- eayed to obtain ocontrol of the Bonanza stocks, bidding up the fctitious value to an enormous height—when the marke: collapsed. 1t became mposeible to unload, and the bank went under. The rest our reade:s already know. TIE PERSONAL CAREER OF BALSTON during this ten yours of the bank's prospering, geers like a pago from some Oriental romancs. His princely place at Bolmont, and s regal style of entertaining.have beon advertised al over the United States.- It was part of his achome that they shonid be 80 advertised. For that it was that the place of Balmont was fitted up with & magmficance unparalleled-in this country. Thers were no less than sixty apartments specially set ‘apars as guest chambers, and whatever notabls, whether capitalist, literary man, politician, or correspondent, visited California, was: eaptared by Ralston aod overpowered by tha MAGNIFICENCE OF HIS ENTERTAINMENT. This, too, was & part of Ralsion's business, Thare wes too much in which the bank was con- cerned in which it was solicitons abount public opinion ; there were too many projects which it was promotiog that would not bear exposure by correspondents; and there wers so many pro- jocts tiint the bank wanted lobbied through Leg- isfatures, or let alone in Congrees, {hat the bank counld well sfford, asitdid, to make Ralston a princely allowance for entertaining people worth entertaioiog. Besides, though a man of no especial culture, HE WAS OF REOAL TABTES, xnd as & host eotertained regatly, indeed, at his psiace ot Balmont. For Limself he afZectad e society of nawapaper ls snd actors, 20d the al San ganscslly, Aud manv a Tuckless quill-driver on the Coast there is who isindebted to Ralston for petiy loaus and douceurs of whizh tho baaker kept no so- count. 2 Withsl, Rsleton was wao most punctillious in @il that partaized to busincss, IMe euteriained lize a Prince, Lut e ATIESDED TO BUSINESS LIKE THE VERIEST OFFICK DEUDOE, Though bis house wera flled with compauy, he retired promptly st 11 o'clock every night, rose at 7, touk a bath, and nhad his valet rub him down _as thev do prize- fiontere in training: held the ribbons himself while be drove to the citv, 26 miles, which Le did, (svit u retay of ‘horses on tho ioute), with bis fcour-in-hand, in the time mado by the train on the San Jose Railroad. Arrived at bis elegaat pri- _vate pariors at the bank he dispatchsd tusiness with a marvelous procision, accuracy snd mas- tory of details. He was daily beset by hundreds of visitors—peaple with projects which they wanted him to promote ; people wiio want- ed to share in his projects, who gonght his ad- vice a8 to lovestments ; sud, of couras, innam- erable borrowers. He disposed of all rapudly, but not a one aid he diemies without a hearing, and many a poor devil did he wet on the high road to fortune by extending to him his (R.'s) all-powerful indorsement and support. His oftica- boy made a fortuns by opersting on Ralston’s advice. Aliss H—, upon s time Ralston’s mistress (he Wwas2 man who was vain of the reputation of gallant, though realts never half sadissolute ss has been charged), made $20,000 by a single operation 1o 8tocke on his advico. The lady is an actress well known in Chuicago, and now a resident of San Francisco. Ho was in truth A MAN OF WONDERFUL EXECUTIVE ABILITIES snd comprebensive grasp of mind ; daring with il the daring of the expenenced gambler; gonerous with the maguificeoce of one who makes money easily, and unbounded com- fideuce 10 his.ability to go ob making money ad infinitam. Though ho wes far removed from the coarse vuigarity and low vicea of snch adventurers as Fisk, like Fisk he loved displav, enjoyed society in which he 28 lhost_not ounly did, bat received the houors. His role waa that of a veritabla Monte Cristo, and right rell did he live uptoit. At bottom he bad unbounded confidence 1n every- thing pertaining to California ; promoted svery project for the development of the State, and especially of the City of San Francisco. But sbove all, bis ambition was that the BANK SHOULD ABSOLUTELY RULE BUSINESS AND FOLITICS, and_tern both to account for the bank's profit. Ho msde Covernors, sod Sen- ators, aud Congreszmen, and Mavors of 8an i‘nncium, partly from a love of power, more as ap investment oat of which to multiply the bank's dividends. For the same reason, he expended thousands of do’lars in subsidizing the press of Ban Fraucisco, and of the coast gener- sily,—of which it msy be added that, with marvolously few excepiions, a more corrupt press mever diszraced this conptry. The _very sudacity of his schemes, which elsowbers would have excited alsrm, but stimulated the admiration of the Celifornians. His succeaves (and with tho cap- ital at his command saccesses were oft-times easy) won their confidence; the end was what must bave been foreseen, but what every one evi- dently supposed was far off. The tragic termina-~ tion of his career is in some sort. sccording to the California point of view, a fitting final to the whole. It will aisarm onticism, and, in tbe yeare to comse, old Californisns will cherish his memory as that of *‘a genuine trump.” who was game to the last, and, when the game wasup, pasaed in his checks. [ — THE FINANCIAL STATUS, GENERAL OUTLOOK. CONFIDENCE RETURNING. Special Duapatch to The Clicage Tridune, §AN FRaNCrsco, Aug. 33.—The city is compara- tively quiet to-day. The papic is spparently over. A feeling of sadness provails on sccount of the tragio death of Lialston. The flags are half-mast throughout the city, but there is no evidences of a ronewal of +the ran on the banks. Tho Merchants’ Exchange Bank snd National Gold Bank and Trust Company expect to reopen for busivess on Monday. Tbe Directors of the latter institution to-day suthor- ized the President to borrow £1,000,000 in gold coin apon securities of the bank by giving mort- gages on the real estato of the bauk. Itis do- clared that the bank is not only able to pay all creditors, but in liquidation could pay the stockholders Iarge: premiums over the par value of the stock united. The Biate’s mint employs ite whole force coining 920 pieces. The Super- intendent pass from the bullion_fiurits recep- posita within twenty-four Hebody has basa STOOKING TP COLNX for some time past. It is said that Flood & O'Brien hove large amownts stored in vaults. Qold coin is extremely seacce in the market. The Coroner’s inquest over the body of Rals- ton adjourneq till Tuesday. Publio opinion is uncertain whether bis death was by soicide or accidental downing. Many believe tbe action of the Dirsctors of the bank, insisting upon his resignation of tho Presidency, stung Ralston so deeply, coming from old friends and associates, snat he determimned to end his life. It is doubt- fal when the regular etock operations will be resumed, 80 many brokers have accounts in the Bank of Cahfornia. Ralston filed yesterday for record » desd oon- veying all the Ralston property, real estate or personal, in 8an Fraocisco, San Matso County, or elsewhere, to W. Sharor in trust. THE VERY LATEST. Bax Fraxcrsco, Aug. 28—10 p. m.—The city is quiet 88 nsusl. Tho Trustees of the Bauk of Californis adjourned this evening, after & pro- tracted session, to moet on Monday and attend the funeral of Ralston in abody. They will re- sume their session on Tuesday. Nothing what- everis known concerning their deliberations, snd inquiry develops the fact that various manufecturing enterprises in the city in which Ralaton was interested show no migns of weak- ness Coin wes being transferred during the day from the United States Treasury, and, thongh 00 loans are yet to be obtained, money 18 easier. Reol estate dealers say the effect on that branch of business will be rather benaficis! than other- wise. Prices have bren maintsined. THE INTERIOR. Bax Francmco, Cal., Aug, 28.—Excopt in Los Angales, where all the baoks ara temporarily suspended, the Bank of California failure does not seem to have affectoed the interior. —_— THE SUSPENDED INSTITUTIONS. EX-PRESIDEST NILLS. 8ax Fraxcisco, Aug. 28.—D. O. Mills, the ex- President of the Back of California, bas not owned s shars of the stock for ths °last three years. The statement of the bank's condition has not yet been prepared, but reliable information Rhows that its liabilities will be upward of $14,- 000,000, and its availeble agseta from $7,000,000 t0 8.000,000. The principal stockholders will probably have to be assessed from 40 to 50 cants on the doliar to pay off the liabilities. BTOCKHOLDXES. The following are the names of soms of the principal stockhiolders: The Barron estste, Thomas Bill, Nicholas Laling, Aoses Ellis, Capt, J. B. Thomas, Asa T. Hamton, George Howard. ‘William Norris, Joha O, Earli, John Parrott, D J. Tsliant, Michael Roees, D. O. Mills, Mark Liviogstons, and 0. F. Giffins. TRUSTEES' MEETING. At the meeting of the Trustees of the Bank of California yesterdsy, Mr, Ralston promised that if the management was loft in his haods he would pay doller for dollar to depositors, and 50 cents on the dollar to stockholdors; but, after an exciting disoussion, it was decided to acoept his resignation. MINING GMARTS. Considerable difference of opinion exists among leading stock aperators ss to tha effect of the failure on mining shares when business re- opens, some claiming that it will bave s bensfi- cisl eflect, especisily as regards the bonanza mines, a8 those controlling them will now have better facilities for working thom, as the mines _owned by the bank party will probably pass into their hands, bat others take a lass hopaful view of the situation. EXECUTIVE COMMITTEE. - The affalrs of the Bank of Califoruts baye been vut in the hands of aa Exectitive Committes,oon- msting of William Aivord, and George H. —SIXTEEN PAGES iog. All is quiet on Californis street. Mat- .ters are aasuming the usuel aspect. Business men do not apprehend failures on Monday, ool Iucufm day: Tho rumors relative to the popular 1celing aod demonstrations against the Bulletin 8nd Call were idls nt:erances of excited mdivid- uale, and incendiary efforts on the part of some Pparties psrsonaliyand politically hostile tothose Joumals to create enmity sgainst them. The attempts fell atillborn, - THE TROSTEES' MESTING. ItAu impossible at present to obtain any infor- mation concerning the proceedings of the Trastees of the Bank of California, They ace eull in secret session, positively refuse to sdmit any one, or give out any light a8 to the nature of their deliberations, . THE NATIONAL GOLD BASK. - The Trustees of the National Gold Bank and Trust Company this eveoiog authorized the President and Cashier to borrow $1,000,000 in coin on resl estate. The securities of the bank 8ro in excellent condition. 1If it were to go into liquidation it could pay the stockholders a hand- Bome premium after paring daposits in full. THE CENTRAL PACIFIO. Ag far a3 can at present be learned concerning affairs between the Contrsl Pacific and the Baok of California, the bank owes Stanford 400,000, sdvanced some time ago. Central Pacific ofi- cials are disposed to be reticent, but say the Company had but & emall amouns on depoait in ths bank. TWE FLOOD-O'BRIEN PARTY. New Yorx, Aug. 23.—One geutleman, who ssems thoroughly informed regarding the finan- cial bosiness of Californis, stated that the Flood- O'Brion party, thongh distinct from the clique of the Baok of California, had in no way joined in an attempt to compel its suspension, bat, on the contrary, for several months, ever gicce the rumored embarrassment. of tho corporation, as published last spring, had done everything in their power to sustain the totteriog insti- totlon. To this ecd, tho incorporators of the new Baak of Nevada had received a propo- sition from the Directors of the Bank of Cali- fornia to purchase their good will, but, on an investigation of the books being mads, it was evident that this could not be done, except ata great loss, at tho terms proposed. In general terms, the Flood and O'Brien party thought they h{d gained & supremacy in the great Nevada mines, to the exclusion of the Bank of Cali- fornia, but did not caro to see the Iacter fall to the ground. on sccount of the damaging effect that it woald have, not only upon their own in- terests, but thronghout the East. THE NEW YORK AGENTS. Mr. Laidlaw, of Laidlaw & Co., the New York sgents of the Bank of California, states that the first information auy one in his offico had upon the subject of tho suspension was contained in the morning papers. Binc¢e then, up to s late hour yesterdsy, they had received no additional information to tlhat which had already been pub- lished. Mr. Laidlaw says that all the bills drawn by thom had been indorsed as Agents of the Bank of Californis, and consequently they were not individually involved. NEW YORE SPECULATIONA. New Yone, Aug. 23.—The Lvening Post saya : 44 The advices from Ban Francisco contain noth ing startling, and are all to the effect that affairs are mending. The latost dispatch, in which we ‘place implicit confidencs, 18 to a leading bank- ing-bouss here, from thetr correspondent there. It was dated a$ 5 o'clock yesterday, and received thia morning. 1t says that the panic is ovar, and confidence is returning. Coin is scarce, but transfers from New York will probably be re- ceived. The tranafers referred to are those made yesterday through the New York Sub- Treasurer's bankers puiting gold into the Sub- Treasury hers, and on telegraphic notification takmg it out of the Ban Francisco Sub-Trasanry. The impression prevails that the San Franmsco Stock Exchange will be opened. We also hear that there has been no run on the baoks in the tnterior of California. The estimates of the liabilities and assets of the Bank of California, which have been geat on hers, are that the farmer amouot to sbout ¥14,- 000,000. and the latter to lmxfid&,ooo,ooo to $ abrntrhad dome b - $6.000.000. Whother. - 5488 %6 Tave besn nn:fi‘x‘xeto ascertain. Beyond a doubt it makes oo important differanco to the dupoSitors xua creditors of the baok, 28 if they are liable the creditors will cet dollar for dollar, one of the siockholders of the bank alone being reputed to bave property to the amount of $20,000,000. Special WasurxotoN, D. C., Aug. amount of telegraphic transfer of gold from New York to San Francisco, upon which the Treasury has decided, ia $1,500,000. Telegraphio transfers have already issued for $120,000. Ap- plications have baon received for 8500, New Yomg, Aug. 28.—Applicotions were made at the Sub-Treasury for tho tranefer of $600,000 io gold to San Francisco. Only $120,000 in coln bas been devosited on thesa spplications, for which telegraphic teansfers have been issued. The Treasurer eays he will not igsue transfors beyond a total of §1,500,000. Some demand sterling has been sold as cheap a3 ©4.88 net to the pounds sterling, drawn on tha London correspondents of cne of the San Francisco bavks, and the proceeds transferred by telegraph. CONFIRMATION. A published communication late to-dey con- firms the story sent early this forencon that it is aD error to say that the Bank of Novada ocausod thie failure of tho Bank of California by locking up gold, etc, as the Baok of Nevada is pot _yet _in ~ operation. Its manager, Mr. Louis McLsane, arrived at San Francisco from Baltimore with bis family only one wack beforo the failure, and could scarcely heve becun to put matters in sbape for opening bnsiness on or 8000 after Sept, 1. Louis McLane was formerly mrnager of Walls, Fargd & Co.'s house in San Francisco. Flood & O’Brien never bave been ia tho banking business, but are well-known and successfal stock brokers. It was privately known in California in May last that Mr. Ralston was serionsly embarrassed, but not that his op- orations had involved tha bank, LOUISVIDLE. Loumsviter, Ky., Ang. 28.—Louisville banks are not affected in ‘the least by the California falures. Ralston is well known in thus city by PUELIC FEXTING, 10 any ooe benl | The Beok of Celitornis i draped M shdui- | Al (ks ity sbite thid ib caunst he bankers sod prominent-citizens, many of :rhom remember lfim as a olerk on Onio and Mississippi steamboata FOars 8g0. THE EFFECT IN EUROPE. Lowpox, Aug. 38.—Tho circular notes of the Bank of Californis aresomewhat largely held by travelers, but they mnymmn be paid under the arrsngements now pending. Nzg Yorg, Aug. ‘;E—A_ Londoo dispatch says: “The President of the Oriental Bank of London, agents for tne Bank of Californis, states that the failure will in no way affect his inatitution. To prevent loss and anuoyance, it posaible, the Oriental Bank is endeavoring to arrange by cablo with the Trusteea of the Bank of California fora guarantee, 80 that ‘h'w honor the drafts of ravelers when preacnt e ian the nows of the failure of the Bank of California ficst reached London, it was feared by some that the result would be most Jdisastroas, but a8 yot it has had no effect on either maney THE IPI!L‘I'P !XA PrrLADZLPHIA, Pa., Aug. and Baldmore suspensions have Litls, XLPHIA. 28.—Tho Californis i say, the usnal dividends of any instititation holdi paper. ANOTHER sUSPENGION. Now Yorx, Aug. 28.—A. Cowing & Co., ons of the largest pump manufactaring frms in the United Staces, bas made an sssignment to Will- lam B. Lathrop, of Sececa Falls, N. Y., whore their factoryis. 'They bave s large concern in Murray street, 10 thid city. and depots in Chieago, St. Louts, Kansas Citv. 3l0., aud in other places, The concern was founded in 1841 by Jahn D, Cowing. $ EXONERATED, Tracy Robinson, lata the Financial Agent and Assistant Superintendeat of the Panama Rail- road, who was accused of aprropriating ths Com- pany's funds, bss been esonerated by the new Board of Directors, and the swts oa both mdas have been withdrawn. CASUALTIES. ‘THE PERSIAN DISASTER. Detrorr, Mich,, Aug. 28.—The four-masted propeller Persisn was destroyed by fire off Long Poiot, Lake Erie, on Thursday night. The Em- pire State arnved here last night at midnight with the officers and crew of the Persian, from whom tho following particulars were learned : About 9:30 o'clock Thursday night, when about 7 mules east of Long Poiot, Lake Erie, First Engineer Thomas Davis, of the Persia, dis- covered a fire in the coal bunkers, and promptiy gave the alarm, atopped his engine and opened the safty valve. Such rapid progreas did the flames make, that the woodwork around the en- gne was almoat instantly ignited. Capt. Flint, of the Persia, ordered the boats manned. Bafors ono of them could be launched, they wera hope- ieasly burned. Attontion was then duected to the hatches, and all wore thrown overboard, and the oficers and crew placed themselses upon them, each bgich being capable of holding two ficnonl. Fnrtmurt'a]y tt‘x’o lake “was v smooth, or all’ must have lost thoir li Atter floaung about two hours the schooner Montana hove to and picked op the ontire party comeiderably chilled. Tho tug J. C. Merrick s00n came alongaide, and the BUITivOre were transferred to ber, and zt mid- night the Merrick placed them on board the propeller Empire State. The crow of the Persis oonsisted of the fol- lowing: Captain, 8. L. Flint; first mate, Thomas Casey : second mate, Lafayette Stough : first engineer, Thomas Davis, of Clevelaad ; sec- ond engiaeer, James Love. In addition to these officers there were a crow of twelve persons. The oply passenger was Mrs. Davis, wite of the first engineer, who was sleeping above the place whero the fire started, and did not awaken until rescued by ber husband, her bed being al- n_}({‘y o fire. s e Empire Srate reached the burning steamer abont 11:30, and made a_determined ga.‘mn to savo the Persian, pouring three streams of wateron ber forovertwo hours, but withoat avail. An attempt was thea made to beach her near Lonz Point, and ehe was towed sboat two miles shoreward, but becoming too hot a compauion, endsugering :hs nn’{im; nmng:pmsm;hahs ‘was ecuttled orws: 3 o1 left to huyhte. % a8 Cusay, sd Her cargo consisted of 50,500 bushels of corn and 17,000 bushels of wheat. The grain was in- sured, but the hull, which is undoubtedly & total loss, was uninsured. The Persian cost 125,000, wes launched last August, and until the sdvent of the Commodore was the largeat propeller on the lakes, having registered tonnage of 1,630 tona. 8he was owned by R. B. Winslow, of Clsveland, and H. S. Winslow, of THROWN FROM HIS CARRIAGE. Special Dispatzh to The Chicago Tribune. Drxox, IIL, Aag. 28.—Dr. James F. Marsh, for the last twenty years one of our leading phy- sicians and surgeons, widely and favorably known through Illinois, was very seriously in- jured by his horses running away and up- sotting the carriage near RBochelle. The Doctor was thrown out, and, bem very large and of heavy build, is feared it way prove fatal. Dr. Heory E. Paine, of this city, bas been summoned, and the beat medical skill in Northern Illincis 18 in at- tendance at his bedaide. FATAL RESULT. Sperial Dupat:h to Tha Chicago Tribune. Br. Pavr, Mion., Aug. 23.—D. LaCock, of Mt. Pulaski, IIL, who was paralyzad. xciced bursting blentooss' st by the buraing of the sy evening B b 9mma -fi?’fi"' Just night recovered bis spesch bl 'dying to givo SOPME. Pulaski in rother, who carom the bospital physician, Buswertos tadiat his money, about $200, was in the pocket of his underclothing, whers it had beeu aiscovered by the washerwoman, who did not koow to whom it belonged. The remains of decessed wers forwarded this moming to Me. FELL FROM A SCAFFOLD. Svecial rspateh to The Chicago Tribune, Jamesvinrr, Wis., Ang. 28.—Johao Peters, con- tracking mason oo the Firat Cougregational Church, now being built hers, sod ons of oar prominent citizens. fell from s scaffold at the building to-day, sustaining very aevers but not fatal injuries opon the head sod chest. SHOT DOWN. MaTamoras, Aug. 28.—Capt. George Hazlott, of ths steamboat Andrew Ackley, was shot and seriously wounded by William Doughty. Haz- lett is now lying at the remdence of Umted States Consul Wilson. Doughty was armested aund imprisoned. RAILWAY CROSSING FATALITY. Grvmis SraTioN, Del, Ang. 28.—A nephew of Gov. Cochren and a negro, while driving across the traok of the Delawars Railroad, were killed bere yesterdav. The horses were killed and ths wagon demolished. BURNED TO DEATH, Spectal Dirpatch tv The Chicago Tritune. Parayza, Wis., Ang. 28.—3r. Carroll of Azta- FOREIGN. The Insurgents Burn a Town on the Servian Frontier. Mobammed Ali Appoiated Commander of the Army in Herzegovina, Germaz Editors Imprisoned for Vio- lation of the Press Laws. Conllicting Reports Concerning the Intens tions of the German Catholis Pilgrims, The Foot-and-Mouth Disease Among English Cattls, TURKEY. TAT PROVINCIAL INSURRECTIONE. Raovsa, Aog. 28.—Mohammed Ali has besn appointed Commander-in-Chiaf of the Turkish forces in Herzagovina snd Bownia. He arrived bere vesterday on his way to Serajevo to assums tbe command. Serve, Pasha Extraordinary, tha Commissioner of the Porte, passed hers yostarday on a steamex going to Kleck. The staamer also carried troops and artillery. ‘The representatives of the foregn Powers will m:in Mostar and attempt to effect pacifies- THR PROPOSED MEDIATION. Loxpox, Aug. 28.—A special from - Berlin sxys it is reported that the Bussian Consul at Ragusa is toa ill to take part in the propossd mediation of the powere between the insurgents and the ?xml;fl:::mn:un:.( Ir lhiail really the case, o of the other foreign Consuls, nevar v hopetul, becomes less u.‘n i VOLUNTARY EXILES. Thzon thogsand Turkish Croats Lave crossed the Danube’ into Austrian territory, aod expect to be malntained by Austria during their axile. _MILITARY FREPARATIONB g0 on steadily in Servis, but it is dificult to eay whether they are made to satisfy the impstience %;me people or to guard agamnst serious con~ gency. A dispatch from Ercysvacz, the old Capital of Servis, announces that the new Legialstive Chbamber met to-day, but nothing but roatine business prelimivary to organization was dona. The session wul be formally opensd by Prince Milane in & few dsys. A TOWX RURNED. BrroraDE, Aug. 28.—In covssquence of the forcible occupation by the Turks of the Bakova Convent, pear the Servisa frontier, the inhab- itants of the district of Novarosch bave revoit- od, and the chief town of Novarasch is in % | lan, this county, was burmed to death on ‘Wedneeday laat while trying to lead his from a barning barm. B RUN OVER AND KILLED, InpraNaPoL1s, Aug. 28.—The Rav. Issac Denham, the well-known Baptist prescher, sged 80 years, was killed at Lodi, Tnd., this afterncon by being run over by a train. THE CROPS, MINNESOTA. Bpeciot Dispatch to The Chlcago Tribune. Br. Pavr, Aug. 28.—The rain continged through last night and till 4 this afternoon. The sun sst clear, and hopes are entertained of fair ‘weather long enough to secure the wheat crop. which is undoubtedly redaced in quality and quantity together by bad weather § to 10 per cent, if, a8 is now understood, the rains have extended all over the State. Special Diavatch to Ths Chicago Tridune, MNNEAPOLIS, Minn., Ang. 28.—Later advices from the wheat-fieids of Minnesota confirm the unfavorabls repoi ta conceraing the condition of nearly all the unstacked grawn, and ooccastonal warm rains to-day have not improved the situa- tion a particle. About the 5 clonds be; to dis- sppear, and at this writing skies is expected to cheok the germinating tengencies in the wheat-fiolds. 8o faraa tho westher is concerned it conld nat be more favorable aftar such s positive reverse s the agricultural inter- effect on the mukve&m i THE Y. Bostox, Mass., Avg. 28.—The Califarnis fail- ures have had very littlo effect here. e OTHER FAILURES. DALTIMOBE. P Nzw Youx, Aug. 28.—Among the sugar refin- ers of this city an impression prevails that the suspension of Sterliog, Abrens & Co. of Bali- so far from injurionsly affecting the more, 1 i it it trade in Now York, will, after ._um. bene! largely. No loes will be sustsined bere. - int Com- Bavtrvony, Ad, Aug. 28. The Jol mittee of Direotars and creditors of the Catvert Sugar Refining Company have beon all dsy ex- amining the books of the concern, mdh.&v‘: issued a call for a genecal xg;::;g:y( the ort their on 2 unln‘ti;:;g“' Au’;.p?n.fi—‘l‘ha excitement attend- inz the failure of Btirling, Abrens &COA.I;: uisted, and thus afte:noou thers a go:lo . eeling of reliof thet 10 furt| suspenslt ur have oocarred or are apprebended. Tue pt"p& of Stoling, Abrens & Co., and that of the Cel- et has just experienced. The injuries extend to the n::‘l‘adn "g II: the wheat remain- ing ex urin 0 heavy ramni. o8 O ertal Dispalih to The Chicaso Tribune, Wivoxa, Minn., Ang.28.—Heavy rain pre- vailed here all gsy, sisrting st an early hour thia morning. It has besn general aloog the hine of the VWinona & Bt. Peter and on Friday bpight was particularly heavy in the Minnesots Valley. From Bt Paul aod Minnespolis come reporia of severs rains. On Friday the storm was quite heavy in some portions of the State. The rawnfall to-dsy bas been steady and quiet, with o wind. From all acconnta 1t catches at least three-fourths of the grain edull in the shock, but if carefuliy capped the wheat will stand conaidsrable rain. Oa Friday the farmers wege onsblo to do any harvest work, aud in many places were putting in the time by lowing. ¥ Abon‘t 4 o’alock this afternocn the rain ceased. Ths wind haa got iato the northwest, and prom~ 1588 ‘weathor. KANSAS. Bpectat Digpateh to Ths Chicago Tridune, Lawaswcz, Kan., Aug. 28.—Copious rains have fallea Lbrooghout the State within the paat twodoys. The westher continuss warm, Thaz our lste planted corn crop is put beyond the Befining Company, i8 80 generslly 5:’.';;5:&' among the city and country banks og this State, and a_few country banks infiexmly - yania that no serious resaits can posaibly oemu The officers of lesding bas! ssibility of destrustion by either droughs or ross. Farly corn is common in this market. New vhmuuflmzs‘lufloutu:pu i are entirely clear, with a cool air stirnog, which | —_—— SPAIN. SEO D'UROEL. Pixms, Aug. 28.—A dispatch from Perpignsn says: ““The pews of the surrender of Seo d'Urgel is doubtsd here.” The latest dispatch from Gen. Compas is dated on the evening c2 the 26th, and says of the Casfiista: “I shal gmb_a!;ld.‘gr‘n’n;l ixnm brief suspension of ostill T W they remain obstinata, T shall attack the citadel.” RID, Aug. 28.—Gen. Martinez Compas telegraphed on Thursday night that the forts of Beo d'Urgel hsd surrendered, and the would surrender the next day. Statements made in official circles confirm the reports that the Bishop of Urgel has been sent to Puycerds, and in addition affirm that hs ‘was taken there in company with Gen. Lizza- gara. Both are prisonera of =e~nmiial_pross- been conyexssh‘cotamenced against the Blshop. s5 Government Will leave the case entirely to &;ugfl tribunals. GERMANY. Trs rELonmnAUR TO VRANCE. Loxpox, Aug. 28.—The Times correspondent at Borlin telegraphs that the Pope bau sent his special blessing to promotersof the Catholio pilgrimage to France, and it seems oertain tliss the project will be carried out. To zvoid cul- lisions the pilgrims will lesve Germany one iy one, and rendezvous at Mons and Paris. AX EDITOR IMPHISONED. FRARKFORT ON THE MAmN, Ang. 28.—Leopold | | Bauneman, editor and propristor of the Frank- fort Zeilung, and momber of the Garman Parlis~ ment, was arreated this morniog for refusing to tostify as to the authorship of certain articles. For the same reason five other editors of the paper are already imprisoned. Pams, Aug. Bkt is somoficially wm- smis, Aug. 28.—It is se nounced here that, in consequenca of the unsai~ mous wish of Fraace, there 18 now reason to hope that tha Catholics of Germsay will no pilgrimage into Freach terntary. GREAT BRITAIN. THE RXCENT YACET COLLISION. Loxvox, Aug. 28.—It is ramored that the ma- jority of the juryof inguest wasin favarofa verdict of manslaughter againss the officers of tho Royal yacht which ran down tha Mlististoe. THE GRAIN MABKETS. Yoxpo¥, Aug. 29.—The Times, reviswing the corn market for the week, 3878 graina bave been held dirmly hers, put thers has been little 'buaineas in imports, and dsiiveries by home growars have been largs. The conntry markets hsve been very irregular at & decline ranging from 1 ¢ & shillings per r. The prices in the Franch markats are lower. THE FOOT AXD MOUTR DISEASE is spreading amoog tnecatils io Cumbarland snd A.bndnugm. — CHINA. MR. WADK IN 4 HCPP. SmiNoEAE, Aug. 28.—Mr. Wads, the Britiah Minister, when recently visiting the Department of the Secretaries of State, was kept waiting in ths ante-room by Li Hung chm:,svxor K‘;’ and one of the Secretaries o . {‘;"“f‘.‘-m offended and withdraw, The flug{ ll‘}ml.d.om immediataly, and nothing serions w FIRES, IN CHICAGO. The alarm from Box No. 441 at 4:15 p. m. yee- terday, was caused by ths partial barning of the roof of & two-story frame buildiog, Ko. 233 West Thirteenth street, owned snd occupied by Pat- rick Ponsoby. Dsmage trifliog. . Sparks froms neighboring chimmey caused the fire. A dafective chimney set fire to the two-story rrame building, No. 243 North Market street, ;utnrd:y mor‘filnz. at 10:30 o'clock, and was the cause of the slarm from Box 738. The siructare hich a tc the extent of $300, in n'wned;;.hmn_ y MoMahon, who has an insur- ance of $2,000 in - AT ALLEGHENY CITY, PA, Proveeurs, Pa. Aug, 28.—At half-past 3 o'clock this morning the cracker factoryof Jamen McClurg & Co., No. 187 Baebecca strast, Alle- gheny City, was destroyed by irs. The loss on xu'oaaankmbufldhjh $8,000 ; fnsazed for THE INDIANS. THE MARSH COMMISSION. 23~The Investigation Commission, which bas bsen in soesion here ysstarday sod to-day, sd- journed this evening, sod will to-mar- row moarning lesve for Kansss City, whero _additional teatimony will be taken. From Eansss City the Comminsion visit their homes, and meet in Washington Sept. 9 to re- examine Prof. Marsh, aad take the testimony of Mr, Welsh, Commissioner Smith, and Secretary Delano. The Commission has spent aboun! fifty days in this investigaticn, sod has taken & very large amoant of testimony. Noth ! is know= a8 to the charactar of the report w! 3 may be nxpecmlam membars of the Board . freely express & dstarmination thas no. mesns for azn at and discioaing the trath ooncert hgmfifq-m by Prel. Marsh shall