14962. City Bank (Buffalo, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 11, 1845
Location
Buffalo, New York (42.886, -78.878)

Metadata

Model
gpt-5-mini
Short Digest
23b75910

Response Measures

None

Description

City Bank of Buffalo was an insolvent Safety Fund bank in 1845. Newspaper items show a receiver was appointed and assets sold (receiver G. W. Newell). There is no mention of a depositor run; events are insolvency, receivership, asset sales and winding up, i.e., suspension and permanent closure under Safety Fund proceedings.

Events (3)
1. January 11, 1845 Suspension
Cause
Government Action
Cause Details
Bank declared insolvent under the New York Safety Fund law and placed in receivership by court/receivers; payments/suspension ordered by authorities.
Newspaper Excerpt
Notice ... requiring the Receivers of the Commercial and City Banks Buffalo to sell the assets of said Banks in Buffalo.
Source
newspapers
2. June 6, 1845 Receivership
Newspaper Excerpt
COMPTROLLER ... will redeem ... the outstanding circulating bills ... City Bank of Buffalo, G. W. Newell, Albany. The debts ... have been paid to the Receiver. (Comptroller's Office, Albany, June 6th, 1845.)
Source
newspapers
3. November 12, 1845 Other
Newspaper Excerpt
The assets of the City Bank of Buffalo were sold at auction in that city on the 12th inst., under the direction of the receiver. The gross amount of the sales was $52,274 75.
Source
newspapers

Newspaper Articles (8)
1. January 13, 1845 The New York Herald New York, NY
Article from The New York Herald, January 13, 1845

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Article Text

City Intelligence. COMMON Council-Both branches of the Common Council meet thisevening at 6 o'clock. and in the Boar Aldermen any amount of fighting about his Hon. Mayor Harper's, nominations for officers of Police, will be don up. A speech may be expeated from Ald. Gale, and it thought that Dr. Hasbrouck will also be heard upon the subject. Doors open at a quarter before 6 o'clock-performance to commence at 6 o'clock precise y. Thoseger temen who are desirous of obtaining appointments wil e kind enough to stay away. as something unpleasan will undoubtedly be said. The remonstran of the Am rican Repub ican Executive Committee of the 2d and War is against the course of his Honor, in not nominatin one from the 2d or 3d Wards, will be read by Mr any Nixon for the special edification of those members wh: have not heard it before, and of the spectators. Mayor Harper will not be present, but intends to employ som. mesmerised subject to tell him all that is going on as fas as it transpires. BURGLARY.--Yesterdr morning about 8 o'clock, the dry goods store of Cornell & Amerman, 517 Greenwich street, was burglariously entered by prying off the shuter from the door, cutting out the glass to admit the hand. and turning thekey which was left in the lock as usual. store The noise awoke two young men sleeping in the who gavean alarm, but the burglars escaped. Police Office, Jan. 19.-The business at the Po lice office to-day was as dull as it should be on the Sabbath. A great number of rogues and naughty people were taken on Saturday night, but nothing of importance was ascertained in relation to them. Three fellows were arrested at diff rent places for passing, or attempting this to pass, counterfeit money, but they were discharged morning for want of evidence to establish the scienta. Henry Shelden and Kate Denny were arrested on cha: ges of grand larceny, and committed for examination. Sarah Wilson, a young lady of easy virtue, was arres ed for stealing $34, and was committed for examination Mary Ann Talbotwas arrested and commited for stab bing a man named .B. Thompson, at 51 Anthony street. WATCH RETURNS- written returns of the prison ers in the watch-bouse for this morning contained some particulars that should awaken the Mayor and his Com mon Council to some action upon the Municial Police bill The two items below show the absolute necessity of re form. Barney McCabe Stealing a ladys coat an old defender the oner would not appear. Smalley & Sarah Jones Con cerned in Stabbing man that Vastaken to the hospittle 01 Twis Day night officer Litter watchmen Henley." PRICES CURRENT.-Emerson's spelling books have faller and become a complete drug in the market, and can b obtained at almost any of the book stores for twenty-flv cents. Walker's Dictionary still shelved and can be had b low as six shillings. Dealers in the article seem to holding back, but the general impression is that there's nothing in it. Coroner's Office-JAN. 12.-FATAL ACCIDENT black child, named Amina Garnett, 3 years of age, died a: No. 8 Mulberry street this morning, in consequence of burn received from its clothes catching about two o'clock on Saturday, during the absence of the mother from the room. Verdict of Coroner's jury in accordance with facts. DREADFUL DRATH.-Watchman J. D. Leach, on Satur. day night, about 12 o'clock, in going hisrounds, near the corner of Second street and Avenue B, heard groans proceeding from the opposite side of the way, and 01 crossing over to the lime kilns, he saw two boys named Robert Kelly and John Collihan, lying on their backs or he the top of thekiln and grossing. On examining Kelly, found that he was dead, the back of his head and clothe being considerably burned the other lad was not dead though his clothes were smoking. The fire was in the so kilns, and the gns arose in considerable quantities. that the lad had been suffocated from it. The watchman immediately obtained assistance, and conveyed the bey to the watch house. It is supposed that the boys had been out late. and were unable to get into their houses and laid down upon the tops of the kilns for a warm Kelly was about ears of age, and resided directly or posite the place where he met his death. The Coroner held an inquest to day, and a verdict in accordance with facts was rendered. LEGISLATURE OF New YORK-IN SENATE. Jan. 11 Petitions presented and referred-By Mr. C. Burnham, for - an amendment of thelaw relative to Justices' Courts; by Mr. Putnam, for anew county from parts of Erie, Cattsrangus end Chautauque; by Mr. Johnson. for the same. The annual report of the Butchers and Drovers Bank the National Bank, and the Bank of America, relative unclaimed dividends and deposites, was received. Mr. POTTER laid on the table a concurrent resolution for be appointment of two United States Senators in place of M asrs. Wright and Tallmadge, on Saturday, the 18th inst., at noon. Mr. PORTER'S repolution calling on the New York In spector of Pot and Pearl Ashes for a full and detailed re port, to be made on oath, of all his work and the fees re ceived, was called up. Mr. LOTT offered an amendment providing for such report from all the inspectors of merchandise. Mr. LESTER gave notice of a bill to reduce the fees of County Clerks. A communication from the Secretary of State, giving his reasons for a non-compliance with the law of 1844 respecting the distribution of the work on the Geoligical Survey, caused a long discussion. The objection of The the Secretary was on the ground of constitutionality. matter was referred to the Committee on the Judiciary. The bill authorising the holding a special Court of Oye and Terminer in and for the County of Columbia, was read a third time and passed. Notice was given by Mr Niven, of a bill reducing the rate of interest to per cent; by Mr. Bush, of a bill requir- of ing the Receivers of the Commercial and City Banks Buffalo to sell the assets of said Banks in Boffalo. Mr. De Puy offered a resolution that the Adjutent Gen citieral furnish the House with the number of adopted zens now on military duty at Hudson. Adopted. VERMONT.-Returns from seven to wns in Cale donia county. on the last trial for Congressman, in Dillingham's district, give Chandler 1103, Dillinghan 000. This is loss for Chandler on the September elec.

2. June 11, 1845 The New York Herald New York, NY
Article from The New York Herald, June 11, 1845

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Article Text

REDEMPTION OF NOTES OF INSOLVENT SAFETY FUND BANKS. COMPTROLLER'S OFFICE, Albany, June 6th, 1845. COMPTROLLER, in obedience to the Third Section THE of the Act, Chapter 114 of the Laws of 1845, hereby gives notice, that he will redeem at par, the outstanding circulating bills of the Commercial Bank of New York, the Bank of Buffalo, the Commercial Bank of Buffalo, the Commercial Bank of Oswego, the Clinton County Bank, the Watervliet Bank, and the Bank of Lyons. The Comptroller is not authorised to pay interest in any case: Those persons, therefore, who have packages of notes which have been protested or the payment demanded of the Reeceiver of the Bank. in order to obtain interest, will find it necessary to collect the demand through the Receiver. Those persons who hold bills of any of the Banks before named, and who have not taken the necessary steps to establish a claim for interest, and are willing to surrender the notes on receiving dollar for dollar, can be paid at this rate, on presenting the bills to the Comptroller. All other claims which have been presented and established againstany of the insolvent Banks will be paid by the receiver, who cannot get an order from the Chancellor on the safety fund, until he has collected the sums due the bank and applied the avails to the payment of its debts. The balance then remaining is a charge on the safety fund, and these balances can be paid as soon as the Receiver disposes of the assets of the Bank and gets a final order from the Chancellor. either in cash or six per cent stock at par, which the Comptroller is authorised to issue under the 'Act t' provide for paying the debts of insolvent Safety Fund Banks,'o passed April 28, 1845. In the case of the Bank of Buffalo, the final order has been made by the Vice-Chancellor of the 8th circuit, and the means for paying the balance of all the claims against the Bank have been paid to the Receiver. The assets of the Bank of Oswego are believed to be sufficient to pay all the debts of that Bank, and none of the circulating notes of the Bank of Oswego have been redeemed by the Comptroller. The names and residences of the Receivers of the several Banks are as follows:Commercial Bank of New York, J. M. Blatchford, New York. Commercial Bank of Buffalo, S. G. Austin, Buffalo. Commercial Bank of Oswego, T. Beekman, Kinderhook. Watervliet Bank, George R. Davis, Troy. Clipton County Bank, Henry K. Averill, Plattsburgh. Bank of Lyons, Theron R. >trong, Palmyra. Bank of Oswego, Charles Stebbins, Cazenovia. Wayne County Bank, Samuel Miller, Rochester. City Bank of Buffalo, G. W. Newell, Albany. The debts of the Lafayette Bank of New York, including circulating notes, have been paid by the Receiver from the assets of the Bank. A. C. FLAGG, jll Stre Comptroller

3. October 22, 1845 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, October 22, 1845

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Receipts Mohawk Railroad. Total Freight. Passengers, 1845 222 01 2,484 10 2,262 09 January 132 1,915 88 2,084 83 February 565 75 4.287 87 3,722.12 March 53 48 7,749 49 7,190 01 April 605 50 7,277.88 7,883 38 May 516 97 8,097 96 7.580 99 June 459 33 10,560 43 10,101 10 July 455 6 11,502 77 11,047 1 12 August 3,517 64 51,097 19 54,614 83 6,292 88 Proportion of Western freight $60,907 71 Total 46,088 94 Passenger and freight to September, 1844 $14,818 77 Increase in 1845 84,000 The total amount of receipts in 1844 was 46,088 1st January to 1st September $37,932 Received 1st September to 31st Dec The amount received in 1845 to 1st Sept. is $60.907 39.094 If only to 31st Dec Total $100,000 but the same rate of increase for the remainder of the year as has been received for the first eight months will $50,000 give 60.900 Already received $110,900 Total receipts The entire debt of the Company was on the 1st Sep. tember $443.917 32,300 Deduct Bonds on hand and cash $411,617 Total debt An important suit. involving some forty thousand dollars, has been for some time pending between the foreign holders of the bills of the Guildhall Bank and the Safety Fund of Vermont. On the 14th Judge Redfield gave his opinion in favor of the bill-holders, on the ground "that the proof before him did not sustain the alleged fraud of the claimants and that with the exception of about $7,000 of the claims of Houghton & Co. their claims should be allowed against the Safety Fund -which claims must be substantiated before a commis sion be appointed for the purpose, and that a decree would be made on such commissioners' report, from which appeal might be taken." The Middletown. Conn. people are becoming quite excited on the subject of building a Branch Road to intersect the Hartford and New-Haven Railroad. They held meeting on Saturday to discuss the project. The following items are gathered by Thompson's Bank Note Reporter Anasociation of capitalists is forming under the General Banking Law for the purpose of establishing R Savings Bank which shall be open to receive and pay deposits from 9 A. M. to P. M. Depositors will be paid on demand, computing interest from the first of the month ter the deposit is made to the first of the month on which it is drawn. An institution of this kind is much wanted for, to de. posit money in the Chambers-st. Bank is bad enough, but to draw any thing out is worse yet. We understand that prompt and efficient measures are about being taken by the State officers having the matter in charge. to test the legal questions involved in the revival of certain broken Banks in Michigan. Mr. Orrin Gridley, of Clinton, Oneida county, is about organizing a Bank, under the name of Kirkland Bank.' it will commence business in November. Mr.S. D. Hungerford of Adams, Jefferson county, is organizing a Bank, which takes his name. His notes will be in circulation in a few days. Both of these banks are organizing under the General Banking Law. and are individual banks-the bankers being individually liable. The Ohio Board of Control has issued to the various branches of the State Bank about $600,000 of circulating notes The independent Banks have obtained from the State Treasurer about $350,000. By the 1st of November the new Banks will have in circulation a million of dollars. The Raleigh and Fayetteville papers continue to dis. cuss the subject of a Railroad between the two cities. The estimated cost of such a road is set down at $351, 290, or $5,854 per mile, including buildings and machinery. This la & low estimate, but is thought to be a fair one When completed, in connection with the Gaston and Releigh road, now in market-and which it is supposed may be purchased for about $400,000-it will give & continuous line of 140 miles. Mr. Davis, Receiver of the Watervliet Bank. will sell on prox. in the assets of said Bank. the let Troy, The Receiver of the City Bank of Buffalo will sell on the 12th prox in Buffalo, $600,000 of nominal value of the assets of that Bank = At Boston, in dividend class stocks there is very little or change of rates. For there is at and 22 centadvance. burg animation Railroad more inquiry Concord 34} and Fitch- per Maine is rather dull at Lowell 17. 3. Eastern 7. Worcester and Portland Old and Sacog Colony 17@t. 12t@j. For Troy and enbush 941 offered, and per asked: N.E. Worsted Co. has rallied to 3 Boott is in some advance: vance demand at 19 per cent per cent ad. Merrimac 40, Stark 10. Hamilton 41 @5. Palmer Waltham par Markets Carefully reported for The Tribune

4. October 26, 1845 The New York Herald New York, NY
Article from The New York Herald, October 26, 1845

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QUOTATIONS FOR UNCURRENT MONEY. Uncurrent Money. Uncurrent Money. Ohio Cast'n, buk'ble in Bos'n >a a21/4 a Indiana Albany, Troy, Sch &c. 54 a2% Jersey a3 az Michigan a Pintadelphia North Carolina al Baltimore a South Carolina Safety rd & Red Back. Mobile X al/ Virginia New Orleans al/ al/a QUOTATIONS FOR SPECIE. Per cent. Value. Amer. gold, old. 106 Carolus dollars.$1 06 a 07 a 1061/2 do do new.100 Five francs a 100% 93% 9414 Half dollars par a 100 16 50 25 Doubloods al6 Portuguese gold 100 a 100% do patriot. 15 50 a15 70 104 Spansh dollars a 105 4 85 a 4 87 Sovereigns a 100 do quarters 99 4 00 85 a do light a 101 Mexican dollars 100% a Heavy . 00 do 99 quarters. a 100 a 83 Napoleons The movements of specie are very limited, and as for. eign exchanges are steadily declining, the exportation or the future will even be more reduced than they have beon for sometime past. There is very little demand at present for foreign exchange, but as there will be two packet days next week, the enquiry doubtless will be extensive. As quotations lecline for sterling bills, the remittances will increaseis many have, for sometime past been deterred from forwarding funds in the shape of bills, in consequence of he high rates ruling for prime bills. We now quote exchange on London at 9} a 9) per cent premium; on Paris, of. 25 a 5f. 23g Amsterdam, 391 a 392; Ham burg, 351 a 351; Bremen, 79 The Attorney General has commenced proceedings by filing an information, in the nature of a Quo Warranto, against the State Bank of Michigan The questions in. volved if decided against the bank, take away its charter. The declaration that its charter had been forfeited y non user, as well as by refusing to redeem its notes, re two of the questions to be decided by the Supreme Court, at its January term. The establishment of either oves fatal to the bank. The receiver of the City Bank of Buffalo, has given otice that all the unsold property, claims and effects of hat bank, will be sold in the city of Buffalo, by auction, the 12th day of November, (prox.) The assets amount nominally to about $600 000, and consist of promissory notes, drafts, bills of exchange, judgements, railroad stocks, bonds and mortgage, household estate, and tracts of land in Buffalo, Cleveland, Ohio City, Huron and Toledo. The railroad stocks are 525 shares of the Erie and Kalamazoo Railroad, and 40 shares Lockport and Nigara Falls Railroad. Among the judgments, are two gainst the East Boston Timber Company for about $80,000, and discounted bills for about $5,000 of sundry persons in Boston.

5. November 16, 1845 The New York Herald New York, NY
Article from The New York Herald, November 16, 1845

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MONEY MARRKT. Saturday, Nov. 15, 1845-6 P. M. Quotations for stocks to-day appear to be very unsettled. Long Island fell off 1/2 per cent., Norwich and Worcester 1, Stonington 1}, North American Trust 1. Canton went up t per cent., Vicksburg 1, Morris Canal 3, Illinois 3, Farmers' Loan 1. Harlem, and Pennsylvania 5's, closed firm at yesterday's prices. The sales were not very large to-day, but the bulls anticipate an advance in prices during next week. Sterling exchange'closed firm to-day at 81 a 83 per cent. premium. The demand has been moderate, and the supply very large. The following letter was circulated in the street this morning; it was probably sent to England in the Caledonia :NEW YORK, NOVEMBER 14, 1845. The variation in the prices of the leading securities have not been material, though the tendency has been downward, and the amount of United States, Ohio, Kentucky and Pennsylvania loans in the market much increased. In the speculative stocks, particularly railroads, the operations have been very extensive, and the rise rapid and very great. The transactions are not based upon any actual or even probable income of the different companies, but are thoroughly of a gambling character, and the rise is caused by the monopolizing by a certain party of a majority of the shares, in order to compel the bears, or those who may have sold for delivery, to pay such prices as the bulls may demand. Heretofore, the result of such cornering has proved disastrous to all the parties concerned; and what may be the result of the present gambling transactions, time alone must prove. Money is very abundant, as many prefer to loan temporarily at low rates, and await the action of Congress before permanently using their capital. Bills on London have been freely offered at our quotations, and the business for the steamer has been moderate. Of bills on the continent the supply has been limited, and rates fully maintained. The result of the recent election in this State shows an increased democratic majority at the time when the three prominent questions for decision, viz : Oregon, the Sub-treasury, and a modification of the tariff, were clearly understood to be the favorite mea. sures of the present administration at Washington. The Executive, in bringing them before the country, may add increased weight to his arguments, when the voice of so important a State as this is, through the ballot boxes, declared in his favor Resp'y, yours, CAMMANN, WHITEHOUSE & CO. We rather think this is a misrepresentation of the condition of things on this side of the Atlantic. It is true that stocks have been affected by the recent views many have taken of affairs, but they are more settled now. The aspect of our foreign relations is more pacific, and its effect on the market is already felt, and will be still further felt. The assets of the City Bank of Buffalo were sold at auction in that city on the 12th inst., under the direction of the receiver. The gross amount of the sales was $52,274 75. The assets were valued at $452,183 96, according to the schedule. We annex a list of the assets, with the amount realised at the sale attached to each:

6. November 16, 1845 The New York Herald New York, NY
Article from The New York Herald, November 16, 1845

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MONEY MARRKT. Saturday, Nov. 15, 1845-6 P. M. Quotations for stocks to-day appear to be very unsettled. Long Island fell off 1/2 per cent., Norwich and Worcester Stonington 1}. North American Trust 1. Canton went up t per cent., Vicksburg 1, Morris Canal 3, Illinois 3, Farmers' Loan t. Harlem, and Pennsylvania 5's, closed firm at yesterday's prices. The sales were not very large to-day, but the bulls anticipate an advance in prices during next week. Sterling exchange'closed firm to-day at 8 a 83 per cent. premium. The demand has been moderate, and the supply very large. The following letter was circulated in the street this morning; it was probably sent to England in the Caledonia :NEW YORK, NOVEMBER 14, 1845. The variation in the prices of the leading securities have not been material, though the tendency has been downward, and the amount of United States, Ohio, Kentucky and Pennsylvania loans in the market much increased. In the speculative stocks, particularly railroads, the operations have been very extensive, and the rise rapid and very great. The transactions are not based upon any actual or even probable income of the different companies, but are thoroughly of a gambling character, and the rise is caused by the monopolizing by a certain party of a majority of the shares, in order to compel the bears, or those who may have sold for delivery, to pay such prices as the bulls may demand. Heretofore, the result of such cornering has proved disastrous to all the parties concerned; and what may be the result of the present gambling transactions, time alone must prove. Money is very abundant, as many prefer to loan temporarily at low rates, and await the action of Congress before permanently using their capital. Bills on London have been freely offered at our quotations, and the business for the steamer has been moderate. Of bills on the continent the supply has been limited, and rates fully maintained. The result of the recent election in this State shows an increased democratic majority at the time when the three prominent questions for decision, viz : Oregon, the Sub-treasury, and a modification of the tariff, were clearly understood to be the favorite mea. sures of the present administration at Washington. The Executive, in bringing them before the country, may add increased weight to his arguments, when the voice of so important a State as this is, through the ballot boxes, declared in his favor Resp'y, yours, CAMMANN, WHITEHOUSE & CO. We rather think this is a misrepresentation of the condition of things on this side of the Atlantic. It is true that stocks have been affected by the recent views many have taken of affairs, but they are more settled now. The aspect of our foreign relations is more pacific, and its effect on the market is already felt, and will be still further felt. The assets of the City Bank of Buffalo were sold at auction in that city on the 12th inst., under the direction of the receiver. The gross amount of the sales was $52,274 75. The assets were valued at $452,183 96, according to the schedule. We annex a list of the assets, with the amount realised at the sale attached to each:-

7. November 25, 1845 Mobile Register and Journal Mobile, AL
Article from Mobile Register and Journal, November 25, 1845

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SALE OF BANK ASSETS - The sale of the a sets of the City Bank of Buffalo was 11 ade 12th instant, in that city in the Merchants Exchange, under the direction of G W Newell, Receiver, and the preparty went off at very satisfactory prices. Thegrous amount of the sale Was $52,000, being the largest of any rale in the city since that of he Rathban es. rate. The judgments, discounted bills and notes, stocks. items counted as cash, etc, estimated by schedule to be worth $452,188 96, brought the sum a $26.819 75, while the real estate sold for $25. 4 5 00 The predective real estate and as the prtlees of

8. May 27, 1846 The New York Herald New York, NY
Article from The New York Herald, May 27, 1846

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BROKEN SAFETY FUND BANKS. | Banks. | Amount of assets. | Amount realized. | Amount of unsold assets. | Est.val. of unsold assets. | | -------------------- | ----------------- | ----------------- | -------------------------- | -------------------------- | | City Bank, Buffalo.. | 739,017 35 | 166,576 08 | 570,000 00 | 50,405 00 | | Bank of Buffalo... | 1,221,843 30 | 82,836 69 | | | | Com. Bk of Buffalo. | 985,063 92 | 172,863 64 | 456,447 31 | 49,659 86 | | Wayne Co. Bank... | 293,970 39 | 56,743 60 | 246,200 69 | 22,627 53 | | Bank of Lyons. | 385,608 08 | 37,444 61 | 236,229 34 | 11,524 47 | | Bank of Oswego... | 213,353 25 | 32,693 00 | 163,813 00 | | | Clinton Co. Bank... | 543,429 66 | 76,019 47 | 64,381 57 | 12,752 65 | | Com. Bk, N. York.. | 858,471 68 | 303,338 74 | 301,405 96 | | | Watervliet Bank... | 202,378 91 | 19,458 73 | 201,137 49 | | | Com. Bk, Oswego.. | 507,173 36 | 80,652.59 | 91,087 19 | 10,525315 | The amounts realized were, without doubt, from the best and most available assets, leaving those on hand of a character giving little hope of receiving a large per cent from. It is not surprising that the billholders and stockholders of these institutions should receive such a trifling per cent on their claims, when the receivers should have betrayed so grossly the trust imposed in them by the government and the people. It is a matter of no astonishment, that so little confidence is placed in these banks, and that the public mind becomes alarmed upon the slightest report touching the credit or solvency of banks generally. The free banking law, in its earlier stages, was very defective, as it gave too great a latitude to the description of securities required on deposit, and losses to some extent were experienced by the deprecia-tion of stocks of the delinquent States. These defects have since been remedied, and the law, as it now stands, is probably as perfect as it can well be made. The only improvement we could suggest, would be a modification requiring a deposit of the stock of this State, only, as security for the paper issues. The export trade of Rio Janeiro for the first two months of 1846, compared with the corresponding months in 1845, shows an increase in the shipments of some of the staple products, particularly coffee. The annexed statement exhibits the comparative destination of coffee exported in February, 1845 and 1846, and from January 1st to March 1st, of the same years. EXPORTS OF COFFEE FROM RIO JANEIRO. Rare