17014. Ontario Bank (Utica, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 27, 1857
Location
Utica, New York (43.101, -75.233)

Metadata

Model
gpt-5-mini
Short Digest
b6c86fdd

Response Measures

None

Description

Contemporary articles report a large cashier defalcation, sheriff's levy/attachment in late August 1857 and appointment of a receiver (Edmund A. Wetmore) in mid-September 1857. No article describes a depositor run prior to suspension; the bank was put into receivership and wound up, so this is a suspension followed by permanent closure/receivership. I corrected minor OCR errors (e.g., Wetmore as receiver) where needed.

Events (4)
1. August 27, 1857 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Attachment/levy and public discovery of large cashier defalcation (officers' embezzlement), producing inability to meet obligations and suspension of specie payments.
Newspaper Excerpt
UTICA, Aug. 27.-The sheriff of this county today attached the Ontario Bank on a judgment in favor of R.J. Johnson, of New York.
Source
newspapers
2. August 31, 1857 Other
Newspaper Excerpt
UTICA, (N. Y.,) Aug. 31.-The loss of the Ontario Bank by the defalcation of officers is ascertained to amount to two hundred thousand dollars.
Source
newspapers
3. September 14, 1857 Receivership
Newspaper Excerpt
The Supreme Court has appointed Edmund A. Wetmore Receiver of the Ontario Bank of this city.
Source
newspapers
4. October 21, 1857 Other
Newspaper Excerpt
RECEIVER'S OFFICE, ONTARIO BANK, UTICA, Oct. 21, 1857. ... I cannot now redeem the notes of the late Ontario Bank ... the condition of the affairs of the Bank is such that I cannot express any satisfactory opinion as to the ultimate payment of the notes ... A large amount is in litigation.
Source
newspapers

Newspaper Articles (24)
1. August 6, 1857 Marshall County Republican Plymouth, IN
Article from Marshall County Republican, August 6, 1857

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ITEMS Mr. LAMOUNTAIN, the seronaut expects to make another ascension in his Balloon, on the 15th inst., from Laporte. There are five organized Independent Military Companies in the`city of Laporte. They must be getting the military spirit up to fever heat in that city. The patient cannot long survive. The Laporte County Fair is to be held on the 14th, 15th and 16th days of September, ensuing. A horse thief, named Isaac Lewis, of Cass County, Ohio, who stole a horse from a man living in Porter county, Ind., was apprehended by Mr. J. Thompson, jr., livery Stable keeper, in Laporte, on Friday morning week ago, and taken back to the latter county for trial. The Caliope or steam musical instrument, creates great excitement wherever it goes. But few, we apprehend, will wish to hear it a second time, unless they are so happily constituted as to be Pleased with a rattle and tickled by a straw." St. Paul, Minnesota Territory, has appropriated $36,000 this year, for building school houses. Pretty good for a city not more than five or six years old. Great excitement has prevailed in Huntington and the neighborhood recently, in consequence of a report that there were several cases of small pox in that place.The doctors term it varioloid, in other words small pox modified by vaccination. Parents should not neglect the vaccination of their children. All who have not should attend to it at once. Don't wait for the disease to break out. Delays are dangerous. It is said, and it is probably true, that orange peel contains an active and poisonous oil, which has in many instances caused death. Ripe peaches are among the luxuries in Mobile and New Orleans. A few days since the Mail Express, on the Toledo, Wabash and Western Railroad, run from the Illinois State line to Toledo (240 miles) in seven hours and twenty-seven minutes, making 27 stops, one of which was to breakfast. Prentice says that our sham Governor, Willard, can reduce a quart to a pint much quicker than he can an argument. Very likely, we think. Col. Baker, formerly of Illinois, is talk. ed of as the next Republican candidate for Governor in California. A dog ordinance has been passed in La porte, and all the canine species found running at large without a muzzle and a collar is to suffer the penalty of death. Good. Will not the Solomons of Plymouth follow suit? Gen. WOOL has published a letter showing that Fillibustering was aided and encouraged by the Pierce administration. The Ohio and Mississippi Railroad Company has appropriated $300,000 for the purpose of fencing the road. Not a bad idea. Paddock of the Bank Mirror, Cincinnati, in an extra, warns the public against a new $10 counterfeit, Bank of Kentucky, of extremely well done,-cashier's signature heavier than genuine. es A Whig Mayor was recently elected in San Antonia, Texas. The fact is publish is ed with great gusto by the Shamocratic prints. is he Some of the citizens of Knox county is Ind., held a meeting at Vincennes recently is and recommended the repudiation by the county of its subscription to the Ohio and de Mississippi railroad. Shameful. A Parisian (France) journal reprobates the bad taste which induced the Americans n, to set upstatutes of Monsieur Daniel Web ny ster, whose only claim to celebrity was his he murder of Dr. Parkman. Intelligent edi ad tor, that. on ed The Putnam Banner says that Judge D 1C. Eckels, Chief Justice of Utah, left Green nd castle on Monday last for Fort Leaven aworth, where he is to join the expedition to Salt Lake. The Ontario Bank, at Utica, N. Y., will dprobably fail in consequence of the heavy of defalcation of its cashier, which has re cently been brought to light. 8, The indefatigable Eli Thayer is pushing his associated emigration scheme in West ast ern Virginia with great success. er. The President assures all, in private con

2. August 21, 1857 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, August 21, 1857

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Second week Total to Second week Total to in August. Aug. 15. Aug. 15. in August. 1853 $85,347 $1,557,809 1,978,688 1847 $91,082 1,413,281 1854 77,470 1,541,294 70,805 1848 1,263,915 1855 75,713 1,463.38€ 66,422 1849 1856 94,159 1,176,530 1,404,357 83,485 1850 1857 986,656 1,702,121 76,750 93,704 1851 1852 95,937 1,515,451 Showing a falling off this year, thus far, in comparison with last year, of $189,880; and in comparison with the tolls of 1847, amounting to $992,232. At a meeting of the Directors of the Michigan Southern Company to-day, Mr. Talbot Olyphant was elected Director in the place of Mr. Chas. Butler, resigned. It was also resolved to submit to the public the loan of $1,600,000, which we have before alluded to, secured upon the stocks, &c., belonging to the Company, and with a sinking fund of $180,000 per annum. It was resolved some days ago to move the offices of the Company from this city to Michigan as soon as arrangements can be made. The consolidation of the two roads between Chicago and Milwaukee is now complete; the stockholders of both Companies have voted to accept the award of the arbitrators. This award gives the lower Company, between Chicago and the State line of Wisconsin, $500,000 of the stock of the Consolidated Company, in addition to the amount of their own stock. The road now stands, stock and bonds, about $4,000,000 for 85 miles of road. We hear of about $250,000 in gold engaged for the Saturday steamer. The Independent of to-day publishes the following list of failures, suspensions, &c., for the week: Ira Warren, Boston, Mass., gone into insolvency. Henry E. Thymas & Co, 'tobaceo," New-York City, ells. pended, in conséquence of decease of Mr. T., with liabilities of about $400,000, but state they have a large surplus, and will probably only require a little time. Griggs & Lathrop, Bankers and Stock Brokers, New-York City, suspended. James T. Derrickson, Paper," New-York City, suspended -liabilities said about * 100,000. Stine & Mendel, Fancy Goods," New-York City, assigned. Albert Salters, Clothing," New-York City, assigned. Francis Davis, Troy, N.Y., failed and assigned. E. C. & C. C. Terry, Hudson, N. Y., failed-offer SS P cent. Dunson & Sprague, Johnstown, N. Y., reported last week, should have read Gloversville, N. Y., ussigned; liabilities said over $50,000. Harvey Pearce, Westport, N. Y., assigned. Ranson Deshon, Oakfield, N. Y., assigned. John S. Graham, Mount Pleasant, Penn., suspended. John Taylor & Co., Cincinnati, Ohio, assigned; liabilities said about $40,000. Frederick Bleyle, Charlestown, Ind., failed and assigned. Thompson Bissell, Valparaiso, Ind., assigned. A. Childs, Altoona, III., failed. Omar Tousey, Fort des Moines, Iowa, failed. G, G. Dennis, Prinecton, Iowa, failed. H. B. Paul, Janesville, Lows, assigned. Miller & Curtis, publishers, New-York City, reported SUB pended last week, have indebtedness of about $100,000; assets nominally sufficient to pay in full. An injunction has been served upon them to prevent a disposal of their property. Creditors expect full payments, as they believe Mr. Shaw, the special partner, is liable for all the debts, the copartnership net having been duly advertised. The same paper thus notices the dry goods trade: " Business has considerably increased since our last report. Though there is a large amount of goods in market, yet the supply of desurable kinds is limited, while the demard for such is active and on the increase. Silk goods appear steady in price, but without any advarce to correspond with the increased cost in Europe. The auction sales have become active for the season, though the sales of French silks at auction will not commence before the 1st of September. " French merinos, delaines and bombazines were extensively sold on Friday by Wildermings & Mount, and brought good prices, the consumption being active. Staple linens are brisk of sale, and foreign cloths meet with a good demand at steady prices. Ribbons are rather dull of sale. The importations of foreign goods to order are restricted, but a considerable amount of miscellaneous goods, not of a desirable character, are coming out on commission for the chance of a market. under an impression that the reduction of duty would render them marketable. " All old stock is dull and heavy, but fresh desirable goods are firm. In goods of domestic manufacture there is & steady business doing at pretty uniform prices, which are firm. The South and South-Western traders have been buying freely, and Western buyers are numerous. Prices of cotton staples are maintained y the diminution in their manufacture." We have received the annexed explanation from a entleman personally known to us: To the Editor of The N. Y. Tribune. SIR: You copy a notice of the judgment against the Black River and Utica Railroad Company in your money article of yesterday, from The Utica Herald, which, in justice to parties interested, in your city and elsewhere, ought to beexplained. The Cashier of the Ontario Bank (in whose favor the judgments were entered) and the Treasurer of the Railroad, are one and the same individual. The Bank sued and served notice on the Treasurer, taking judgment by default, no other officer of the road having any knowledge whatever of the suit. The Directors of the road claim that they owe the Bank less than one half the amount for which judgment is rendered, not a dollar of which was overdue, according to the reports of the bills payable of the Company, furnished by the Treasurer, at their office, and the books of the Treasurer are found in such confusion as to require tanscribing before any intelligent balance can be obtained. Such is a brief statement of the matter, and the conclusion is .hat the Court at once suspended the judgment on motion, and the Treasurer has been removed R. from his office in the Company. Utica, Aug. 19, 1857. The opening of the Northern Central Railroad, which has recently taken place, has given direct connection between Baltimore and the mines of Trevorton Coal Company, in which Company New-York capitalists have a large interest. A celebration of this event by

3. August 28, 1857 Evening Star Washington, DC
Article from Evening Star, August 28, 1857

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The Financial Panic-A Better Feeling Prevailing. NEW YORK, Aug. 27.-Several minor stock failures are announced to-day, including Fisher, Dening & Co., F.P. James & Co., and A. Rodewald, but the general impression is that the crisis is over, and that all will soon be right again. Jacob Little has arranged his difficulties and resumed his seat at the stock board. The Commercial Advertiser, of this afternoon, says there is altogether a better feeling in the street, and that the panic is beginning to subside, There is less pressure of stocks upon the market, and more support from outside operators. Brokers refuse the notes of the Sackett's Harbor Bank and the Farmers' Bank of Saratoga. It is rumored that Messrs. Chambers & Helser, largely engaged in the California and India trade have suspended. UTICA, Aug. 27.-The sheriff of this county today attached the Ontario Bank on a judgment in favor of R.J. Johnson, of New York.

4. August 31, 1857 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, August 31, 1857

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"00 y request 1947 [ M pay for the honor of the drawers, the unpaid drafts of -Insu] eyes 0140 end no 040 Name JO Bank 947 with styp up Company DOTE Parties holding drafts of the Central Bank, Peoria, present 01 personber 919 'uosdwoqI "чос uo 81 °N ""00 y THE Issued of payment 10J sures em Wall street. The transfer books of the stocks and bonds of the State of Illinois will be hereafter kept at the banking house of Messrs. Ketchum, Howe & Co., No. 45 William street. On the 1st of September the La Crosse and Milwaukee Railroad Company will pay the Interest Ceupus *he JO spueq the uo Aup tab enp suod W atertown Railroad Company, and Bonds of the City of Milwaukee issued to the La Crosse and Milwaukee Railroad Company. Mr. Ludlow, Cashier of the Ohio Life and Trust Company, was arrested day upon complaint of the Merchants' and Mechanics' Bank of Wheeling, and also at the instance of the Manufacturers' and Farmers' Bank of Virginia. In the former case, the recov [vasn the u! Aenour Jo uns 8 Jo 44800s is 810 course of business, and deposited, with other funds, under the specific advice of the President of the Ohio Life and Trust Company and the Eastern Trustees, on Monday last. Upon this complaint Mr. Ludlow was discharged upon his own recognizance. In the latter case, it appears that the Cashier of the Manufacturers' Bank borrowed of the Trust Company $25,000 by pothecated Virginia Bonds, which, in the course of business, were used as collsteral by the Trust Company. As the Cashier has since made va. rious remittances on bis general account, in all equal to his loan on the Bonds, he claims their return. On this complaint Mr. Ludlew was also discharged 06 his own recognizance. In the opinion of commercial lawyers, and of the counsel employed by other parties having claims against the Trust Company, this attempt to obtain a preference by 80 unusual a course against the Cashier, for a strictly official act, will not be successful. The appointment of a Receiver for the Ohio Trust Company has been referred to Mr. Wm. C. Russell. Mr. F. A. Lane, joined with Mr. Booth, President of the American Exchange Bank, will proball -way be appointed. Messrs. Duncan, Sherman & Co. will pay the interest on the 8 P cent Bonds of the City of Keokuk, issued to the Keokuk, Mount PleAsant and Muscatine Railroad Company. The interest due on the it prox. by the La Crosse em je office em 18 pind "eq IIIM Company Relited sith u! Ausduros The Chicago corres pondent of The Newark Advertiser says: The all-absorbi ng topic of conversation in our city 'uepSO '8 "M UN Jo queuration ,41 s! MOU asn! who has been eet down undoubtedly is stillthe richest Jan in the West. Hisembarrassments are caused br the failure of the Chicago, St. Paul and Fon du Lac Railroad to meet its payments promptlyhe be 40g President of that road, and endorser on usded 811 Jo dollars pussnom perpuny 2' nos 11 uep20 "W 88 0008 SB pus 'mage B A[uo ST can realize the cash on a portion of the immense гриш be II!M 04 which producty straight. His wealth is variously estimated, but it is believed he is worth not less than two and half millions. The Newark Daily Advertiser of yesterday says: Reports have been circulated that the Newark City unof " Jo Failure the 49 I 01 pesodre 18 Bank Thom pson of New-York. This Bank held a check of Mr. Thompson's on the American Exchange Bank for $20 000, which before his failure was deposited in that bank and duly passed to credit. Although the NewYork institution may attempt to escape the liability, OM 88 facts the 01 Surproose 'Moq you op OM mg '08 op 01 albe eq IIIM 1! Imagi ever may be the result of any legal controversy, if any should occur, it is certain that the soundness of the city bank cannot be affected, as its surplus already is more than double the amount of the sum involved. The Utica Herald of yesterday makes the following stateme nt relative the affairs of the Ontario Bank of that city It becomes our duty to record the fact that Deputy Sheriff George Klinck yesterday morning made a levy on the Ontario Bank, and took possession of the specie moqu Jo puv '000'$$ 10A0 01 Sugunours of 199 em n SEM PL the JO 8109 am JO 009 818 made under a judgment obtained by H. A. Johnson SUM tims 94L '19 $19,59 10J MIOX-M9N 10 of y based on certificates of deposit held by the plaintiff, JOMSUS uv day. 01 President our which pus 1! ng JOJ шлој [unsn em u! u! and SUM V jo part the uo required st sing than элош that surees mone corporation. The law on this point is of so much mom ent under the circumstances, that we quote JO '976 chapter JO C section 81 II our smonor 88 SI pue '61/81 After the expiration of twenty days from the service of any summons or plaint or declaration or proceeding for the re10 AUE issue purearsp AUB 10 $19400 114"N 10 "qap Aun nodn 108 HITE 10 section 1819 am III paquared ity exceeding one hundred dollars, contracted after the first day aq """" papusmap uns on and my "Txau Junuary Jo 103 am 10 repio 118 19149 01 penju eq name am 10 gons Buyry uodn questions none 10 recigio AUR uod: service 1001d anp редариол "9 """" questipal pus 10 THE puv Interests quart gons 10) родзов useq seq ramo 10 qoes IDMARR em 10 ** am m Paig used 1109" zapio 880100 "I Aq quest 99 Please 10 The am: 1943 'expnf Commy 10 11000 smalding am Joseph panjof eq 01 paniof onset emp gun passes aq your Points eq zapio on mg pasodstp 99 am 4q without proof by affidavit to the satisfaction of such Judge that 04 signature *** no esuajop poor seq am qoes un proper am 198 am: uodn Saysue and amos 10 your my 41103 No such affidavit was made, nor was an order for the stay of proceedings asked for, during the twenty taken SEM the the JO pue em 18 pus 'slap and the levy made, as we have stated. Of course the announcement struck the street with am 18 pesidins 0.00m SUM euo ou pus levy than Mr. Johnson, who expected that the suit SVM Application esmoo enp UI [win 04 of prom made to Judge Bacon to stay proceedings. He gave an order to show cause why the judgment shoul not дерго that 1117 pus 108 99 should be returned and decided. The order is return. able before Judge Bacon this morning. The money levied upon by the Sheriff remain in his possession until the argument before Judge Bacon, and a decision whether or not the judgment shall stand. progress u! 919 0819 Firns 81 11 against the Bank. Rumors were industriously circulated yesterday that our banks refused the old issue of Ontario bills; but incorred them punioj 9M em 10 Lumbaj UO As & matter of public interest, and the only official tatement have been able to obtain of the condition optur HAPPING pereuus the publishe OM Bask Jo

5. September 1, 1857 Richmond Enquirer Richmond, VA
Article from Richmond Enquirer, September 1, 1857

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THE FINANCIAL PANIC IN NEW YORK. NEW YORK. Aug. 27.-Financial affairs are more tranquil here to-day. It is rumored that Messrs. Chambers & Heiser, largely engaged in the California and India trade, have suspended. Several minor stock failures are announced to-day, including Fisher, Dening & Co., F. P. James & Co., and A. Rodewald, but the general impression is that the crisis is over, and that all will soon be right again. Jacob Little has arranged his difficulties and resumed his seat at the stock board. The Commercial Advertiser, of this afternoon, says there is altogether a better feeling in the street, and that thepanic is beginning to subside. There is less pressure of stocks upon the market, and more support from outside operators. Brokers refuse the notes of the Sackett's Harbor Bank andthe Farmers' Bank of Saratoga. UTICA, Aug.27.-The sheriff of this county to-day attached the Ontario Bank on 8 judgment in favor of R. A. Johnson of New York.

6. September 2, 1857 The Washington Union Washington, DC
Article from The Washington Union, September 2, 1857

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Bank Failures and Defalcations. New YORK, Sept. 1.-The Mechanics' Banking Association closed their doors this morning, in consequence of the defalcation of one of the officers to the amount of $70,000. There is almost a panic in the street. NEW YORK, Sept. 1.-Beebe & Co., extensive bankers, have suspended. The excitement in Wall street is greater than ever. UTICA, (N. Y.,) Aug. 31.-The loss of the Ontario Bank by the defalcation of officers is ascertained to amount to two hundred thousand dollars.

7. September 2, 1857 Semi-Weekly Standard Raleigh, NC
Article from Semi-Weekly Standard, September 2, 1857

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The Financial Panic in New York. New YORK, Aug. 27.-Financial affairs are more tranquil here to-day. It IS rumored that Messrs. Chambers & Heiser, largely engaged in the California and India trade, have suspended. Several minor stock failures are announced to-day, including Fisher, Dening & Co., F. P. James & Co., and A. Rodewald, but the general impression is that the crisis is over, and that all will soon be right again. Jacob Little has arranged his difficulties and resumed his seat at the stock board. The Commercial Advertiser, of this afternoon, says there is altogether a better feeling in the street, and that the panic is beginning to subside. There is less pressure of stocks upon the market, and more sup port from outside operators. Brokers refuse the notes of the Sackett's Harbor Bank and the Farmers' Bank of Saratoga. UTICA., Aug. 27.-Thesheriffof this county to-day attached the Ontario Bank on a judgement in favor of R. A. Johnson of New York.

8. September 15, 1857 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, September 15, 1857

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THE ONTARIO BANK. Utica, Monday, Sept. 14, 1857. The Supreme Court has appointed Edmund A. Wetmore Receiver of the Ontario Bank of this city.

9. September 16, 1857 Daily Iowa State Democrat Davenport, IA
Article from Daily Iowa State Democrat, September 16, 1857

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Utica, Sept. 14. The Supreme has appointed W.A. Wetmore receiver of the Gntario Bank of this city.

10. September 16, 1857 The Burlington Weekly Hawk-Eye Burlington, IA
Article from The Burlington Weekly Hawk-Eye, September 16, 1857

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New Orleans, Sep. 14. The steamship Philadelphia has arrived with dates from Havana to the 4th, and San Francisco dates to the 20th. The San Francisco markets were active. A Settler's convention had nominated Stanley for Governor on a mixed ticket. From Washington territory we learn that Steve ns, Dem., has been elected to Congress by a large majority. Advices from Peru state that Sullivan, the British minister at Lima, had oeen murdered by six Peruvians. Different causes are assigned for the deed, some political, and others "female intrigues." Castilla, who was absent at the seat of war, had sent for Vivanco, who was still at Waguapo. The Costa Rican government has decreod that the expected Walker expedition is piratical. A grand Congress of the Spanish American states was soon to be held at Sun Jose.The bark John Bird from Rochland, Maine, with a cargo of lime took fire yesterday, wasscuttled and sunk. Advices from Balize state there are but 16 feet of water on the bar, the works to clear the channel having proved detrimental, rather than otherwise. The fever is worse at Havana. Washinton, Sept. 14. The long established Banking House of Pairo & Nourse suspended payment this morning, owing to the difficulty in raising on their securities. They have made an assignment, and it is reported that their assets will largely exceed their liabilities. Utica, Sept. 4. The Supreme Court has appointed N. A. Weinere, Receiver of the Ontario Bank of this City.

11. September 16, 1857 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, September 16, 1857

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We are requested to, state that the Hon D. B. Mstteson is not in the Michigan Southern Railroad Corpany, and that his name has been used in that Inection without his knowledge or approval. The, Clearing House settlements are favorable today, and the Banks are all strong The restricted state of general business is shown by the amount of transactions, which were only $16,485,000. We have to notice a continuance of the improved state of feeling among the Banks. They have been strengthened by the results of the statement published this morning, and evince a disposition to meet the needs of their dealers in the right spirit. As far as we could learn, all the Banks with whom Tuesday is discount day accommodated their customers to day to the full extent of their receipts. A large amount of paper, however, finds its way into the discount houses, and is passed at high rates; 15024 per cent for the best signatures. The inquiry for paper continues large, and the absence of further failures to-day has given a somewhat better tone to the market. No new Banks are thrown out today, excepting the Bank of the Capitol, at Indianapolis. The uncurrent money brokers are busily employed, and we notice no amelioration in rates of discounts. The present crisis has shown very fully the value to the mercantile community of the uncurrent money system inaugurated by the Metropolitan Bank, and followed up by the American Exchange Bank. These two banks have received since 1st Aug. last in the aggregate $35,000,000 of State and NewEngland currency, and 1 and 1.10th discount, while the same currency has been fore portion of the time selling in the street at I and 1 P cent discount. What the rate would have been if all this currency had been thrown upon the street for sale it is impossible to say, but the saving to the public by the system" has undoubtedly been many hundred thousand dollars. In addition to this, these strong institutions have been enabled to carry the currency for banks which could not promptly respond, and thus have prevented many bank suspensions. Adrian H. Muller will hold bis weekly auction sale of Stocks and Bonds to-morrow (Wednesday) at 121 o'clock, at the Merchants' Exchange. Messrs. Groesbeck Bros. advertise that they are prepared to buy and sell stocks on time, without regard to the restriction rule just adopted by the Board of Brokers. The Albany Journal says that the Supreme Court has appointed Edmund A. Wetmore Receiver of the Ontario Bank at Utica. The following is a statement of sales of the Illinois Central Railroad Company's lands for the month ending Aug. 31, 1857: CONSTRUCTION LANDS. 25,469.17 acres sold at an average of $12 44 P acre $353,826 37 FREE LANDS. 5,124.00 acres sold at an average of $13 72 P acre.. $78,683 51 INTEREST LANDS. 640,00 acres sold at an average of $18 75 p acre.. $13,144 3,721 80 Sales of Town Lots applicable to Interest Fund AGGREGATE. Total. Interest. Principal. 25,469 17 acres Construction 37 98 $854,826 39 $37,809 $317,016 Lands sold for 5,124.00 acres Free Lands 51 78,683 8,372 08 70,311 43 sold for 640 acres Interest L'ds 80 13,144 1,144 80 12,000.00 sold for 68 86 $446,654 Total, 31,233.1 17 ac's sold for $399,327 82 $47,326 176 30 3,721 30 3,545 Add Town Lots sold for 82 16 $450,375 9 $47,503 $402,872 Total for all RECAPITULATION. Total. Interest. Acres. Ht's. Principal. Agg e of last 01 84 $3,224,115 17 $338,918 mo'thly $2,885,196 Agg'e of this 98 47 503 16 450,375 31,233.17 402,872 82 report Tot. of all to date 266,629.00 $3,288,068.99 $386.422 $3,674,490 99 The Shipping List gives the annexed statement of the Cotton crop: COTTON CROP OF THE UNITED STATES. STATEMENT and Total Amount for the Year ending August 1857

12. September 28, 1857 The Davenport Daily Gazette Davenport, IA
Article from The Davenport Daily Gazette, September 28, 1857

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Diecred Manko. The following is a corrected list to date, of recent euepended and discredited banks Nebracks money has been thrown out by our bro here. except the Bank of Florence Bank of the Capitol, Indianapolis, Indiana, e. . do Central Hank, do do Bank of Elgin. III as, email circulation Mechanics Banking Association N IY .. Ohio Life and Truel company, don't leetle notes. Bank of Kanewha, Va Reciprocity Bank Buffalo, N.Y now bank . . Hollister Bank, Buffalo N Y. . . Warren County Bank Pa. Bank of Middletown, Pa. Honeedale Bank. Pa Bank of North America, Conn. Ontario Bank. Utica, N.Y. Fort Plain Bank . . Farmers' Bank of Saratoga N Yee Farmers' and Manufacturere Bank Poughteepsie N Y Farmers' Bank Wickford R I M Vernon Bank, Providence R I Tiverton Bank, Fall River R I Wooster Bank, Dembury Conn. Borgen County Bank, N. Ellaworth Bank, Maine. Bank of the South County. R I Sackett's Harbor Bank N Y. This Bank which was an oid liner. was lately merged into the Recipro city Bank at Buffalo: but few of the notes of either were in circulation in the west. Exeter Bank N H South Royalton Bank, Vt. Chemung County Bank, Horseheads N Y .. Geneca County Bank, Ohio Oliver Lee & Co.'s Bank, Buffalo, N Y reported failed, e.e. Ningara River Bank Tonawanda N Y reported failed, Hancock Bank, Maine Maratime Bank, Maine America Bank, Trenton N J. Bank of New Jersey, New Brunewick; N J Huguenot Bank New Platz N Y . . Bank of South County, Wakefield R I Rock River Bank, Reloit, Wisconein . . Farmers Bank Hudeon. Wis . e. Bank of Colehester, Conn Western Bank Lockport N. Y Niagara Cocunty Bank, Lockport N Y Note means secured by Statestocks Our eubecribere ought to lose nothing by the euepension of these banks The others have but little circule tidn in the west Our readers are cautioned against exercificing notes of occured banks, as some of them will probably be reinstated, while those finally compelled to close up, in the ordinery couree of things, will pay a large proportion of their debt. -- Chicago Tribune 24th To these we may add the following Medius Hank, Medina. N Y Hank of Hallowell, Maine Girard Bank Philadelphia. Bank of Philadelphia Bank of Commerce, Philadelphia

13. September 30, 1857 The Middlebury Register Middlebury, VT
Article from The Middlebury Register, September 30, 1857

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say, was answered by the payment of a million and a half of specie, in the course of a few hours. In this course the banks have by strict constructions of the law, forfeited their charters. In consequence, a proclamation of the Governor convening the Legislation appeared yesterday. It is as follows: Whereas, serious financial revulsion has occurred, resulting in the suspension of specie payments by the banks of this and other States, the failure of many long established commercial houses leading to the destruction of confidence and general embarrassment, threatening to affect disasterously, the credit of the Commonwealth and the great industrial interests of the people and requiring prompt, strict and efficient action to relieve the suffering community.... Therefore, I convene the Legislature to meet on the 6th of October, to adopt such measures as the present exigency requires. PITTSBURGH, Sept. 28. The excitement is subsiding. The Mechanics Bk. suspended to day. Business is paralyzed. All of our banks, except the Pittsburgh have suspended. The Providence Journal of yesterday morning in speaking of the condition of the affairs in that city says: 'There never before were two such weeks as closed upon the business of Providence last saturday Money continues at unmitigated rates although the demand slackens under the impossibility of obtaining discounts There is hardly any cotton in the market, and the manufacturers are working down their stocks, with no disposition to renew them under present circumstances. It is impossible longer to raise money to pay the labor and a dreary winter is before us. Until the news from Philadelphia and Baltimore arrived, there was a hope that the survivors of this week would go on with an easier money market; but these suspensions cut off a third of the collections upon which our banks were relying to meet their own engagements, and to extend relief to their customers. Providence stands now a creditor city but our collections on New York will not much more than ballance the demands upon us from that city, and those farther South are cut off by the suspension It is impossible to tell what the result will be, but it is plain that things cannot remain so much longer ### UNCURRENT BANKS. The following Banks are reported as uncurrent in this vicinity, though not all of them have failed: Mane.Bank of Hallowell, Hallowell -Canton Bank So. China-Ellsworth Bank, Bangor-Mousom River Bank, Sanford -Sanford Bank, Sanford. New Hamshire-Exter Bk, Exter, Vermont. Danby Bank, Danby-So. Royalton Bank, So. Royaiton, Massachusetts Cochituate Bank, Boston. Rhode Island. Bk. of So. Coventry Wakefield-Mount Vernon Bk., Providence R. I. Central Bank, Fall River -Warwick Bank, Warwick-Bank of Republic. Connecticut. Easton Bank, Killingly-Merchants Ex. Bank, Bridgeport-Worcester Bk., Danbury-Colchester Bank. Colchester. Pennsylvania-Warren County Bk, -Bank of New Castle-Lancaster Bk. New York-Bank of Orleans, Albion -Champlain Bank, Ellensburgh-Exchange Bank, Buffalo Farmers Bank New Paltz--Hollister Bank Buffalo-Merchants and Mechanicks Bank, Oswego-Niagara River Bank Tonawanda-Oliver Lee & Co, Buffalo--Ontario Bk Utica Reciprosity Bk., Buffalo-Sackets Harbor Bank, State Bk, Sackets Harbor-Chemung County Bank Horseheads-Ontario County Bk. Phelps-Yates County Bk. Penn Yan-Eighth Avenue Bk-Knickerbocker Bank. A little fellow from four to five years old, having perforated the knees of his trowsers, was intensely delighted with a patch his grandmother had applied. He would sit and gaze upon it in a state of remarkable admiration, and in one of these moods suddenly exclaimed: Grandma must put one on t'other knee and one behind, like Edy Smith's " "Let's take a horn," is a phase of frequent utterance. The blast of that horn may be the signal for the porter to open the gate of death. ### FACTS ABOUT THE PRESIDENTS. Four of the first seven were from Virgnia.--Two of the same name from Massachusetts, and the seventh was from Tennesee. All but one were sixty six years old on leaving office, having served two terms and one of them, who had served but one term would have been sixty-six years of age at the end of another. Three of the seven died on the 4th of July, and two of them were on the Sab Committee of Three that drafted the Declaration of Independence, and these two died on the same day and year, and on the Anniversary of the Declaration of Independence, aud just half a century from the day of Declaration. The names of three of the seven ended in 'son," yet neither of these transmitted

14. October 8, 1857 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, October 8, 1857

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DISCREDITED DANKS. The following is a corrected list. to date, of recen SUSPENDED and DISCREDITED Banks: Arcade Bank, Providence, R 1. America Bank, Trenton, N,J., Agricultural bank, Tenn. Agricultural Dank, Herkiner, N.Y. Bergen County Bank N.J. Bank ofCasandigua, N. Y. do Naperville, Iif. do Belleville, do do Nashville, Tennessee. do Springfield, Ohio. do T cumsch, Machigan. do Orieans, N.Y. do New Jersey, New Brunswick, N.J. do Kent, R.T. do Halloweil, Me. do America, Lenn. do West Termessee, Tenn. do Parts, Term. do Corn If N.Y. do the South County, R.I. do North America, Connecticut. do Kanawha. Virginia. do Eig 11, III, S. S., small circulation. do the Capitol, Indianapolis, Ind., S. do Midd.etos, Penn. do Wateriown, N.Y. do Clrester, III. do Egm, do to Pine County, III. Central Bar k, Indianapolis, Ind., 4. S. Chemung County Bank. Horse Heads, N. Y., S. Changer Bank, Columbus, Olfio. Qty Bank, N.J. Cumberland Savings Institute, Md. Contrercial Bank, Columbia, N. C. Citizens' Bank, Tenn. Corn Exchange Bank, 111. Charter Oak Bank, Ha ford, Conn. Colchester Bank, Conn. Dan' Bink, Dayton Bank. Ohio. Diryman's bank, Newport, N.Y. ellsworth Bank. Maine. Exeter Bmk. N. 11. Exchang Bluk. Pa Ex hange Bank. Huttford, Conn. Farmers' Dank 01 catoga Co., N. Y.,s.s Farmers' and Ma niccurer's Bank, Poughkeepsie. Farmers' Bank, Wickford, R. 1. Farmers & Mechandes' Bank, Kent county, Md. Farmers and Merchants' Bank, Mile Fairfie teanny Bank, Norma Ct. Fumers & Mechinics Bank, K, Detro i, Mich. Homes late Bank, Pennsylvania. Hollis è Bar k, Buffalo, N. Y.,s. S. Hancock Bank, Maine. Hugedo Bank, N.V. II pkinton Bank, Westerly. R T. Hamilton Exchange Bank, Hamilton, N. Y. Island City Bank, N. chy. Jefferson is unty BADK. N. 1. Lee Bank, Massa his ets. Mechanics' Bank ng Association, N. Y., S Mount Vernon Bank, Providence, R. I. Maine. Monson River Bank, Me, Macrints County Bank, Michigan. Mechanics' Banking Association, N. Y.city. Mortan Bink, (hi) Mami Valley Ba ", Ohio. Mistina Bank, Medina, N.Y. Minison Bank Mass. Merchants & Manufacturers' Bank, Pittsburgh, Pa. Mercur e Bank, Hartford, Coun. Y. Security Kank N.Y. N Sins % money has een thrownetit by St. Louis powers, excepting the Back of Florence. N inthra River Bank, Tonawanda, N. Y,, reported fulled, S.S. 0 tario Bank. Utica, N.Y. Ohio Life Trust impany, don't issuenotes. Oliv Lee & CO. Bank, N. -reported failedys. S. Ocoee Bank, Tenu, Ontario Count Bank, Phelps, N.V. People's Bank, N, N.Y. city. reported failed, S. S. Paweatuck Bank, Pawcatuek, Ct. Port Plain Bank. N, Y.,3.8 Recipred Bank, Buffalo, N. Y., new bank, S.S. Rhode Island Central Bank, R.I, Sanford Bank, Me. Sackett's Harbor Bank, N.Y. South Royalton Bank, It. Seneen County Bank, Ohio. Southern Bank, Georgia. Steck Security Bink, Illinois. presance Bank, Lowansport, Ind. Tiverton Bank, Full River, R.I. Union Bank, Frenchtown, N.J. Unadilla Bank, N. Y. Warwick Bank, R.J. Wonster Bank, Danbury, Conn. Warren County Bank, Penn. Yates County Bank, Penn Yan, N.Y. NOTE.-"S. S." meins securei by state stock. Most of these Banks will pay their circulation in full, and hol lers of their bills should not submit to a large discount on them.

15. October 9, 1857 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, October 9, 1857

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DISCREDITED BANKS. The following is a corrected list, to date, of recen SUSPENDED and DISCREDITED Banks: Arcade Bank, Providence, R I. America Bank, Trenton. N.J., Agricultural Bank, Tenn. Agricultural Bank, Herkimer, N. Y. Bergen County Bank N.J. Bank of Canandaigua, N. Y. do Naperville, III. do Believille, de do Nashville, Tennessee. do Springfield, Ohio. do Tecumsch, Michigan. do Orleans, N.Y. do New Jersey, New Brunswick, N.J. do Kent, R.I. do Hallowell, Me. do America, Tenn. do West Ternessee, Tenn. do Paris, Tenn. do Corning. N.Y. do the South County, R. I. do North America, Connecticut. do Kanawha. V Tirginia. do Eigin, III., S. S., small circulation. do the Capitol, Indianapolis, Ind., S. S. do Middleton, Penn. do Watertown, N.Y. do Chester, III. do Eigin, do do Pike County, III. Central Bank, Indianapolis, Ind., S.S. Chemting County Bank, Horse Heads, N.Y., S. S. Clinton bank, Columbus, Ohio. City Bank, N.J. Cumberland Savings Institute, Md. Commercial Bank, Columbia, S. C. Citizens' Bank, Tenn. Corn Exchange Bank, Ill. Charter Oak Bank, Hartford, Conn. Colchester Bank, Conn. Dan Bank, Vt. Dayton Bank. Ohio. Dairy Bank, Newport, N.Y. Ellsworth Bank. Maine. Exeter Bank. N. H. Exchange Bank, Pittsburgh, Pa Exchange Bank. Hartford, Conn. Farmers' Bank of Saratoga Co., N. Y.,s.s Farmers' and Manufacturer's Bank, Poughkeepsie. Farmers' Bank, Wickford, R.I. Farmers & Mechanics' Bank, Kent county, Md. Farmers and Merchants Bank, Md. Fairfield County Bank, Nor. alk, Ct. Farmers & Mechanics' Bank, Detroit, Mich. Honesitate Bank, Pennsylvania. Hollister Bar k, Buffalo, N. Y., S. Hancock Bank, Maine. Hugenot Bank, N.Y. Hopkinton Bank, Westerly. R T. Hamilton Exchange Bank, Hamilton, N.Y. Island City Bank, N. Y. city. Jefferson County Bank. N. Y. Lee Bank, Massa husetts. Mechanics' Banking Association, N. Y., S.S. Mount Vernon Bank, Providence, R. I. Maratine Bank, Maine. Monson River Bank, Me. Macomb County Bank, Michigan. Mechanics' Banking Association, N. Y.city. Morgan Bank, Ga. Miami Valley Bank, Ohio. Medina Bank, Medina, N.Y. Munson Bank, Mass. Merchants & Manufacturers' Bank, Pittsburgh, Pa. Mercar tile Bank, Hartford, Conn. N.Y. Security Bank, N.Y. Nebraska m ney has been thrown out by St. Louis brokers, excepting the Bank of Florence. Niagara River Bank, Tonawanda, N. Y., reported failed, S.S. Ontario Bank, Utica, N.Y. Ohio Life Trust Company, don't issue notes. Oliver Lee & co. Bank, N. Y.-reported failed, S. S. Ocoee Bank, Tenn. Ontario County Bank, Phelps, N.Y. People's Bank, N. V. city. reported failed, S. S. Pawcatuck Bank, Pawcatuck, Ct. Port Plain Bank. N. Y.,s.s Recipr city Bank, Buffalo, N. Y., new bank, S. S. Rhode Island Central Bank, R.I. Sanford Bank, Me. Sackett's Harbor Bank, N.Y. South Royalton Bank, Vt. Seneca County Bank, Ohio. Southern Bank, Georgia. Stock Security Bank, Illinois. Tippecanoe Bank, Logansport, Ind. Tiverton Bank, Fall River, R.I. Union Bank, Frenchtown, N.J. Unadilla Bank, N.Y. Warwick Bank, R. I. Wonster Bank, Danbury, Conn. Warren County Bank, Penn. Yates County Bank, Penn Yan, N.Y. NOTE.-"S. 8." means securet by state stock. Most of these Banks will pay their circulation in full, and holders of their bills should not submit to a large discount on them.

16. October 9, 1857 Vermont Watchman and State Journal Montpelier, VT
Article from Vermont Watchman and State Journal, October 9, 1857

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LIST OF SUSPENDED BANKS TO SEPT. 25TH. Meusam River Bank, Sanford, Maine. Canton Bank, South China, Maine. Ellsworth Bank, Maine. Exchange Bank, Bangor, Maine. Sanford Bank, Sanford, Maine. Exter Bank, New Hampshire. Danby Bank, Vermont. South Royalton Bank, Vermont. Bank of the Republic, Providence, R. I. Bank of South County, Wakefield, R. I. Farmers' Bank, Wickford, R. 1. Mount Vernon Bank, Providence, R. I. Tiverton Bank, Fall River, R. I. Warwick Bank, Warwick, R. I. Merchants' Exchange Bank, Bridgeport, Ct. Colchester Bank, Conn. Bank of Orleans, Albion, New York. Hollister Bank, Buffalo, New York. Niagara River Bank, Tonawanda, N. Y. Oliver Lee & Co.'s Bank, Buffalo, N. Y. Ontario County Bank, Phelps, N.Y. Ontario Bank, Utica, N. Y. Reciprocity Bank, Buffalo, N. Y. Sackett's Harbor Bank, Buffalo, N. Y. American Bank, Trenton, N. J. Bank of New Jersey, New Brunswick, N.J. Bergen County Bank, Hackensack, N. J. Bank of Kanawha, Virginia. Trans-Allegany Bank, Virginia. Bank of Commerce, Georgetown, D. C. Canal Bank, Cleveland, Ohio. City Bank, Cincinnati, Ohio, Seneca County Bank, Tiffin, Ohio. Miami Vally Bank, Dayton, Ohio. Clinton Bank, Columbus, Ohio. Columbus City Bank, Columbus, Ohio. Union Bank, Sandusky, Ohio. Agricultural Bank, Brownsville, Tenn. Bank of West Tennessee. Bank of the Capitol, Indianapolis, Ia. Central Bank, Indianapolis, la. Bank of Elgin, Elgin, Illinois. Rock River Bank, Beloit, Wisconsin. Pennsylvania Bank, Philadelphia. Girard Bank, Phiadelphia. Bank of Canandaiagua, Canandaigua. Western Bank, Lockport, N.Y. Commercial Bank, Philadelphia. Six Penny Savings Bank, Rochester, N. Y. Albany Eve. Journal.

17. October 10, 1857 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, October 10, 1857

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DISCREDITED BANKS. The following is a corrected list, to date, of recen SUSPENDED and DISCREDITED Banks: Arcade Bank, Providence, R 1. America Bank, Trenton. N.J., Agricultural Bank, Tenn. Agricultural Bank, lierkimer, N. Y. Bergen County Bank N.J. Bank of Canandaigua, N. Y. do Naperville, III. do Belleville, do doNashville, Tennessee. do Springfield, Ohio. do Treumseh, Michigan. do Orleans, N.Y. do New Jersey, New Brunswick, N.J. do Kent, R. 1. do Hallowell, Me. do America, Tenn. do West Tennessee, Tenn. do Paris, Tenn. do Corning N.Y. do the South County, R. I. do North America, Connecticut. do Kanawha. Virginia. do Elgin, Ill., S. S., small circulation. do the Capitol, Indianapolis, Ind., s. S. do Middleton, Penn. do Watertown, N.Y. do Chester, Iil. do Elgin, do do Pike County, III. Central Bank, Indianapolis, Ind., S.S. Chemung County Bank, Horse Heads, N.Y.,s. S. Clinton Bank, Columbus, Ohio. City Bank, N.J. Cumberland Savings Institute, Md. Commercial Bank, Columbia, S. C. Citizens' Bank, Tenn. Corn Exchange Bank, III. Charter Oak Bank, Hartford, Conn. Colchester Bank, Conn. Danby Bank, Vt. Dayton Bank, Ohio. Dairyman's Bank, Newport, N. Y. Ellsworth Bank. Maine. Exeter Bank. N. 11. Exchange Bank. Pittsburgh, Pa. Exchange Bank. Hartford, Conn. Farnters' Bank of Saratoga Co., N. Y., S.S. Farmers' and Manufacturer's Bank, Poughkeepsie. Farmers' Bank, Wickford, R.I. Farmers & Mechanics' Bank, Kent county, Md. Farmers and Merchants' Bank, Md. Fairfield County Bank, Nor lalk, Ct. Farmers & Mechanics' Bank, Detroit, Mich. Honesdale Bank, Pennsylvania. Hollister Bar k, Buffalo, N. Y., s. Hancock Bank, Maine. Hugenot Bank, N.Y. Hopkinton Bank, Westerly, R I. Hamilton Exchange Bank, Hamilton, N.Y. Island City Bank. N. Y. city. Jefferson County Bank. N.Y. Lee Bank, Massa husetts. Mechanics' Banking Association, N. Y., S.S. Mount Vernon Bank, Providence, R. I. Maratine Bank, Maine. Monson River Bank, Me. Macomb County Bank, Michigan. Mechanics' Banking Association, N. Y.city. Morgan Bank, Ga. Miami Valley Bank, Ohio. Medina Bank, Medina, N.Y. Munson Bank, Mass. Merchants & Manufacturers' Bank, Pittsburgh, Pa. Mercantile Bank. Hartford, Conn. N. Y. Security Bank, N.Y. Nebraska money has been thrown out by St. Louis brokers, excepting the Bank of Florence. Niagara River Bank, Tonawanda, N.Y., reported failed, s.s. Ontario Bank, Utica, N.Y. Ohio Life Trust Company, don't issue notes. Oliver Lee & co, Bank, N. Y.-reported failed, S. S. Ocoee Bank, Tenn, Ontario County Bank, Phelps, N.Y. People's Bank, N. Y. city, reported failed, S.S. Pawcatuck Bank, Pawcatuck, Ct. Port Plain Bank, N, Y.,s.s Reciprocity Bank, Buffalo, N. Y., new bank, 8. s. Rhode Island Central Bank, R.I. Sanford Bank, Me. Sackett's Harbor Bank, N.Y. South Royalton Bank, Vt. Seneca County Bank, Ohio, Southern Bank, Georgia, Stock Security Bank, Illinois. Tippecanoe Bank, Logansport, Ind. Tiverton Bank, Fall River, R.I. Union Bank, Frenchtown, N.J. Unadilla Bank, N.Y. Warwick Bank, R.I. Wooster Bank, Danbury, Conn. Warren County Bank, Penn. Yates County Bank, Penn Yan, N.Y. NOTE.-"S. S." means secured by state stock. Most of these Banks will pay their circulation in full, and holders of their bills should not submit to a large discount on them.

18. October 10, 1857 Weekly National Intelligencer Washington, DC
Article from Weekly National Intelligencer, October 10, 1857

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SUSPENDED BANKS EASTWARD. The New York Sun gives the following list of Banks located east of Maryland which have suspended specie payments : MAINE. Canton Bank, China. Monsum River Bank, Sanford. Exchange Bank, Bangor. Sanford Bank, Sanford. NEW HAMPSHIRE. Exeter Bank, Exeter. Weare Bank, Hamilton Falls. RHODE ISLAND. All suspended specie payments. MASSACHUSETTS. Bass River Bank. Western Bank, Springfield. Lee Bank, Lee. VERMONT. Danby Bank, Danby. South Royalton Bank, South Stark Bank, Bennington. Royalton. CONNECTICUT. Bridgeport City, Bank, Bridgeport. Thompson Bank. Bank of Hartford County. Windham County Bank. Bank, of North America, Seymour. Mercantile Bank, Hartford. Colchester Bank, Colchester. Exchange Bank, Hartford. Pawcatuck Bank. Charter Oak Bank, Hartford. NEW YORK. Agricultural Bank, Herkimer. Island City Bank, N. Y. city. Leonardsville Bank. Bank of Canandaigua. Bank of Central New York, Utica. Mechanics' Banking Association, Bank of Lima. New York city. Bank of Old Saratoga. Medina Bank. Bank of Orleans, Albion. Niagara River Bank, Tonawanda. Bank of Watertown. Oliver Lee's Bank, Buffalo. Chemung County Bank. Ontario County Bank, Phelps. Dairymen's Bank, Newport. Ontario Bank, Utica. Farmers' and Citizens' Bank, L.I. Oneida Central Bank, Rome. Farmers' Bank, Hudson. Powell Bank, Newburgh. Hamilton Exchange Bank. Reciprocity Bank, Buffalo. Hollister Bank, Buffalo. Sacketts' Harbor Bank, Buffalo. Hudson River Bank. Western Bank, Lockport. Huguenot Bank, New Paltz. Worthington Bank. Yates County Bank, Penn Yan. NEW JERSEY. America Bank, Trenton. Bank of N. J.; N. Brunswick. Bergen County Bank. Bordentown Banking Company. Burlington Bank. Burlington County Bank. Camden Bank, Camden. Cumberland Bank, Burlington. Farmers' and Mechanics' Bank, Gloucester Bank, Woodbury. Camden. Hunterdon County Bank. Mount Holly Bank. Phillipeburgh Bank. Princeton Bank, Princeton. Salem Banking Company, Salem. Union Bank of Frenchtown. PENNSYLVANIA.

19. October 12, 1857 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, October 12, 1857

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DISCREDITED BANKS. The following IS a corrected list. todate, of recen SUSPENDED and DISCREDITED Banks: Arcade Bank, Providence, H I. America Bank, Trenton. N:J., Agricultural Bank, Tenn: Agricultural bar. K; herkiner, N. Y. Bergen County Bank N.J. Bank 01 Canandaigtta, N.Y. do Napervilie, Iii. do Beleville, de Nashville, Tennessee. do do Springfield, Ohio. do Toumseh, Michigan. do Orieans, N.Y. do New Jersey, New Brunswick, N.J. do Kent, R.I. do Halloweit, Me. do America, Tenn. do West Ternessee, Tenn. do Paris, Tenn. do Corning. N.Y. do the South County, R.I. North America, Connecticut. do do Kanawha. Virginia. do Elgin, III., S. S., small circulation. do the Capitol, Indianapolis, Indes. S. do Middleton, Penn. do Watertown, N.Y. des Chester, Li. do Eigin, do do Pike County, Ill. Central Bank, Indianapolis, Ind.,,s. Chemung County Bank, Horse Heads, N.Y.,s.s. Clinton Bank, Columbus, Ohio. Cty Bank, N.J. Cum erland Savings Institute, Md. Commercial Bank, Columbia, S. C. Citizens' Bank, Tenn. Corn Exclusive Bank, III. Charter Oak Bank, Hartford, Conn. Colchester Bank, Com. Danly Bank, Vt. Davton Bank. Ohio. Dairyman's Bank, Newport, N.Y. Ellsworth Bank. Maine. Exeter Bank. N. H. Exchange Bank. Pittsburgh, Pa Exchange Bank. Hartford, Corn. Farmers' Bank of Saratoga Co., N. Y.,s.s Farmers' and Mmmufacturer's Bank, Poughkeepsie. Farmers' Bank, Wickfort, R.1. Farmers & Mechanics' Dabs ent county, Md. Farmers and Merchants' Bar Md. Eairfie County Bank, Nor alk, Ct. Farmers N Arechanics' Buk, Detroit, Mich. Honesdale Bank, Pennsylvania. Hollister Bai k, Buffalo, N. Y.,s.s. Harcock Bank, Maite. Hugenot Bank, N.Y. H pkinton Bank, Westerly. R T. Hamilton Exchange Hank, Hamilton, N.Y. Island is Bank. Yreity, Jefferson 1 anty Bar K. N.Y. Lee Bilik, Massa have ts: Mechanics' Banking Association, N. Y., Mount Verhon Bank, Providence, R. I. Maratine Bar K, Maine. Monson River Bank. Mark Madomb County Bank, Mehigane Mechanics' Banking Association; N. Treity, Morizan Bank, Ga. Miami Valley Bar K, Ohio. Medina Bank, Medina, N.Y. Munson Bank. Mass. M rehants & Manufacturers' Bank, Pittsburgh, Pa. Mercantile Bank. Hardford, Coub. N.Y. Security Bank, N. Y. Nebraska money has been thrown out by St. Louis brokers, excepting the Banks Florence: Niagara River Bank, Tonawanday N.Y., reported failed, S.S. Ontario Bank, Utica, N.Y. Ohio Life Trust Company, lon'tissue rotés: Oliver Lee & co. Bank, N. reported failed, S. S. Ocnee Bank: Tenn. Outario County Bank, Phelps, People's Bank, N.Y city. reported failed, S: S. Paweatuck Bank, Paweatuck. Ct. Port Plain Bank, N. Y..s.s Reciprecity Bank, Buffak, N. YL. frew bank, S. Rhode Island Central Bank, R:1: Sanford Bar K/Me. Sackett's Harber Banks N. South Royalton Bank, It. Seneer County Bank, Ohio. Southern Bank, Georgia. Stock Security Bank, Illinois. Tippecanoe Bank, Logansport, Ind. Tiverton Bank, Fall River, R.I. Union Bank, Frenchtown, N.J. Unadilla Bank, N.Y. Warwick Bank, R. I. Wonster Bank, Danbury, Conn. Warren County Bank, Penn. Yates County Bank, Penn Yan, N.Y. NOTE.-"S. S." means securet by state stock. Most of these Banks will pay their circulation in full, and holders of their bills should not submit to a large discount on them.

20. October 22, 1857 The Weekly Portage Sentinel Ravenna, OH
Article from The Weekly Portage Sentinel, October 22, 1857

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The Money Crisis-Affairs brightening Up. Money matters have witnessed a material improvement since our last issue. Very much of the paper which ten days ago was pronounced worthless on account of the sus pension of the institutions issuing the same, is again current, and is circulating 4 medium of business. The demand for specie has materially decreased. When sold and silver had 80 risen as to command ten and in some instances twenty per cel.t. the people who hold the notes, deliberately to concluded they would do without it. The sus pension of the banks not only FII pended specie payment, but it suspended the collection of notes and bills falling can, and while it lessened the current funds and incredit the rate of exchange and 11 premium on gold and silver, it lessened the demand for money -put off the days of payment. These evils are working their own cure. Two or three days ago, the news came that all the New York City Banks and most of the country banks had suspended. Eve. rybody was startled. Hard'y anything in the shape of Bank paper from that State was current. Now the bills of all the banks in the State are current with the exception of the following: Niagara River Bank, Tonawanda. Agricultural Bank, Herkimer county. Dairyman's Bank, Newport. Hollister Bank, Buffalo. Ontario Bank, Utica. O. Lee & Co.'s Bank, Buffalo. Bank of Orleans, Albion. Reciprocity Bank, Buffalo. Yates County Bank, Penn Yan. Tompkins county Bank, Ithica. Huguenot Bank, New Paltz. Medina Bank, Medina. Troy City Bank, Troy. Central Bank of New York, of Utics. Hamilton Exchange Bank, Greene. The Cleveland Board of Trade have met and resolved that in their judgment the State Bank of Chio and Independent Banks are all solvent, and deserving of confidence and that they will receive their bills at par in all business transactions. The private bankers have also taken similar ground. The Cincinnations have resolved to re. ceive all the notes of New Orleans and all other Banks that are bankable at Boston, Philadelphia, Pittsburgh and Baltimore. The prospect is brighter. When the present storm has gone by and the reign of money terror is over it would be well for the people to make some inquiries into the securities which they have for the p-per promises with which the country is flooded. In days of prosperity let us m.ke ourselves secure, that when the storm comes, we may be prepared for it.

21. October 26, 1857 The New York Herald New York, NY
Article from The New York Herald, October 26, 1857

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NEW YORK. ONTARIO BANK, UTICA It will be seen by the following letter from the receiver of the above named institution to one of our citizens, that the great majority of bill holders do not stand much of a chance to realize very soon, if at all. It locks rather du. bious all around :RECEIVER'S OFFICE, ONTARIO BANK. (Ass'w,) Utica, Oct. 21, 1807 ala JAMES ANDERSON Esq, Albany :- Dear Sir-Mr. Johnson has barded to me your letter of the 19th inst. I cann t now edeem the notes of the late Ontario Rank I mean those which were issued prior to the 1st of January, 1853. and payable at Canandaigua or at the branch here; end I regret to be ob iged to add that the condition of the affairs of the bank is such that I cannot express any matisfactory osinion as to the ultimate payment of the notes from the mizets in my bands A large amount is in litigation, and of course I cannot say what the result m 1 be. 1 am not at , b rty to give the holiers of the hills of the old bank as preference over other creditors. They must, as I and ad. vised, be paid in the course of dividends.

22. October 26, 1857 The New York Herald New York, NY
Article from The New York Herald, October 26, 1857

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RECEIVER'S OFFICE, ONTARIO BANK. (Ass'w,) Utica, Oct. 21, 1807 } JAMES ANDERSON Esq, Albany: Dear Sir-Mr. Johnson has barded to me your letter of the 19th inst. I cann t now edeem the notes of the late Ontario Rank I mean those which were issued prior to the 1st of January, 1853. and payable mt Canandaigua or at the branch here; end I regret to be ob iged to add that the condition of the affairs of the bank is such that I cannot express any matisfactory osinion as to the ultimate payment of the notes from the ageets to my bands A large amount is in litigation, and of course I cannot say what the result m be. 1 am notal lb rty to give the holiers of the hills of the old bank as preference over other creditors. They must, as I and ad. vised, be paid in the course of dividends. MASS ACHUSETTS. ENDORSEMENT OF THS BOSTON BANKS. The undersigned, inhebitants of the city of Baton, Maw, do hereby express to the merchants, traders, farmers, and mechanics throughout the country tacir firm and incere belief that the Boston banks manil oned in ine annexed sebedule are established on a substantial basis, are prudently managed, and perfectiv solvent; that the bilis 0 said banks are new received by the inhabitants of this city and of all New England with the same núdence as before the Imspension of pecie payments; and that they deserve to be received with this confidence by the hole country:Atiss Bank, A lantic Bank, Bank of Commerce, Back of North America, Blackstone Bank, Boston Bank, Boylsion Bank, Broadway Back, City Bonk, Columbias Bank, los Bank, Regle Bank, Fanenil Hell Bank, Exchange Bink, Globe Bank, Freemax's Bauk, Grabite Bans, Hamilton Bank, Market Bank, Howard Banking Oo., Maverisk B.DE. Maseschuretts Back, Merchants' Bant. Mechanics' Bank, New Eagland Bank, National BALK, North Bank, Shawmu: Bank, Shoe & learn Dealers' Bk, St floik Bank, State Bank, Traders' Bank, Union Bank. Tremont Bank, Washinston Bank. Webster Bank, WILLIAM APPLE ON, L W. BROOK*, Pres. M CRR, WILLIAM SIURG'S, JNO E THAYER & BRO, NATHAN APPLETON, JOHN BRYANT, DAVID SEARS, BUFUS CHOATE, EDWARD EVERETE, ROBT. 0 WIN "HROP. We, the undersigned, merchants in the city of Boston, Massacouseus, cheerfully join in the above expression of opinton with regard to the Boston banks. We also add the expression of our sto sere belief that all the New England banks (except those reported la the Bank Note Reporter and Counterfeit Delector as no: being received at the Suffork Bank in Boston), are perfectly nol. vent, and we will receive the bills of there banks at par, as readily as we do those of the Boston banks Then " llows the signatures of about one hundred and twenty of the principal business firms of Exton

23. October 27, 1857 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, October 27, 1857

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viz: that which every intelligent merchant will recog- nize se a necessity of the times a relaxation and for- bearance in settlements, which will conform to the altered position of thirgs-s general disposition to grant time and facilities for recuperation; time in which the shattered fortunes of the sufferers may be repaired, and if possible made whole again-ime erough, in short, to enable men to collect their dues, that they in turn may pay their debts. Whoever hesitates to do this, in cases where debtors can make clean statements, if allowed the privilege of time to make them available, and to prevent unreasonable sacrifice, deserves to lose the debt which he clings to so pertinaciously. It may be that some, taking ad- vantage of the fashion of asking accommodation, will endeavor to saddle their creditors with loads which they themselves are well able to bear; but these in- stances are rare, ard there can be little or no difficulty in discriminating between those who are desirous of paying up their obligations as soon as practicable, and those who merely wish to avoid making an effort to meet business engagements. Most of our merchants are high-toned, honorable men, whose pride and pleas- ure it is to pay promptly and in full, and it will be found that in the majority of cases their exertions to make assets available to pay their just debts will be redoubled during the period which generous and intel- ligent creditors will extend to them. In point of fact, so desirous are men who encounter trouble to escape speedily from their mortifying posi- tions that they are inclined to ask too short an indal- gence. An extension of thirty, sixty or ninety days, in ordinary cases, when perhaps the parties expect to make collections in distant sections of the country, is altogether too brief to accomplish the object. Our crop movement is tardy. The whole system of domes- tic as well as foreign exchanges is under extraordinary embarassment and derangement, and it will require months to get the machinery fairly started again, be- fore collection can be made to any extent. It is idle to attempt this great labor of restoration in one month or two months; it is a work of six months, if not a year. It is consequently incumbent upon all concerns struggling under the difficulties which are so wide- spread and deeply seated, to look carefully at all the chances and to calculate all the changes, and for their cwn safety, as well as for that of their creditors, to de- maed firmly and respectfully such consideration and indulgence as the case may actually require; and it is equally incumbent upon creditors who desire to enable their debters to fulfill new engagements, to extend un- hesitatingly and kindly that accommodation which is essential to accomplish the object desired; otherwise, both creditors and debtors will pursue a phantem and perhaps lose the substance. At Philadelphis there is no new feature in the Money market; the Banks are doing but little in the way of new business, being mostly employed in renewing pa- per now maturing, where the security is ample. The street rates for money are unchanged, but there is little or no paper even of the first class passing through the hands of the brokers. The Bords issued by the State of Missouri, in aid of seven Railroad Companies in that State, amounted to $24,950,000, of which $15,930,000 have been issued. Their current price in this market is about 65. A special tax will probably be levied to meet the interest next falling due. All idea of repudiation is repudiated, but the Governor recommends that no more Bonds be issued at present rates. A summary of the failures and suspensions in this country, since the 1st of August, makes the whole number 952, of which 448 were in New-York, 85 in Pennsylvania, 120 in Massachusetts, 40 in Ohio, 7 in Kentucky, 3 in Indiana, 2 in Washington City, 5 in Minnesota, 44 in Illinois, 6 in Maryland, 21 in Iowa, 23 in Michigan, 18 in Missouri, 23 in New-Jersey, 5 in Rhede Ieland, 24 in Wisconsin, and 58 in other States. The total liabilities of all these are estimated at $90,- 000,000. Annexed is a letter from the receiver of the Ontario Bank of Utica: RECEIVER'S OFFICE, ONTARIO BANK, UTICA, Oct. 21, 1857. JAMES ANDERSON, esq., Albany. Dear Sir: Mr. Johison bas handed to me your letter of the 19th inst. I cannot now redeem the notes of the late Ontario Bank; I mean those which were issued prior to the ist January, 1856, and payable at Canandaigua or at the Branch here; and I regret to be obliged to add hat the condition of the affairs of the Bank is such that I cannot express any satisfactory opinion as to the ultimate payment of the notes from the assets in my hands. A large amount is in litigation, and of course I cannot say what the result will be. I am not at lib- esty to give the holders of the bills of the old bank a preference over other creditors. They must, as I am advised, be paid in the course of dividends. I redeem the bils of this Bank. Yours respectfully, EDWARD A. WETMORE, Receiver. At Baltimore, the market for money is very strin- gent-1¼a2½ cent per month for the best signatures. Gold was 7½8 cent, and exchange on New-York rising. At Cincinnati, Exchange on New-York was 5 cent, and business very dull, without any marked stringency in money.

24. February 24, 1858 Raftsman's Journal Clearfield, PA
Article from Raftsman's Journal, February 24, 1858

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CLIPPINGS AND SCRIBBLINGS. Afloat-the steam ship Leviathan. Busy doing nothing-our Legislature. Ale-in-some of the b'hoys on Monday eve-ning. Circulating-new counterfeit tens on the Gettysburg Bank Sold-fresh shad, in Washington last week, at $1 25 a pair. Abroad-the schoolmaster who was tight on Monday night. Must keep late hours-the one that sleeps during day time. Have triumphed-the revolutionists in Mexico, as per late advices. Busy--the bogus money men, in several of the neighboring counties. Ditto-the officers of the law, in making arrests and jugging the gentry. Selling-Pennsylvania Bank Stock, at $3 a share. One year ago it brought $120. Sold-Pennsylvania Railroad stock, in Philadelphia last week, at $44½ per share. Married-week before last, Ex-President Fillmore, to Mrs McIntosh, of Albany. Ed-ifying to see a chap feeling for a door in the corner of a room, after a little ale-ing. A "fast" man-John Brown, of Reading. He recently made 120 horse-shoes in one day. "An even exchange is no robbery," as the widow said when she swapped herself off for a widower. Question. What would have become of the venders of shilling calico, if women had never been invented? Found out-the meaning of the mysterious letters O. K., by some of the ladies. They say it is-Only Kissing. Introduced-a bill into the Louisiana Senate, authorizing the importation of 5,000 negroes from the coast of Africa. Has procured-J. P. Brown, of Ross county, Ohio, ten Cashmere goats from Constantinople. The fleeces are pure whito. Believed in diplomatic circles in Washington, that a war between the United States and Mexico is an event not very far off. Stated-that the Erie City Bank will resume specie payments in a few weeks. It has been discredited by the New York brokers. Must be presented-the notes of the America Bank, Trenton, N. J., to the receiver within 2 years from the 1st December, 1857. Has passed-the Massachusetts Legislature during a four week's session, two bills, of which one is to increase the pay of its members! Gives notice-the receiver of the Colchester Bank, Connecticut, that its bills must be presented before the first of March. Rather short notice. Disinterred-the bodies of Fife and Charlotte Jones, by order of Mrs. Wolf. Charlotte's sister, who has had them taken to Washington county and buried. Boasts-a Texas militia officer, that his men "would rally at the tap of the drum." Perhaps they would rally still more promptly at the tapping of a keg. Wealthy-the late Rev. Charles Avery, of Pittsburg. The estate is valued at $700,000; the great bulk of which is bequeathed to charitable and religious institutions. Still coming-hoops. At Senator Douglas's great ball, some of the gentlemen had little steel hoops in the bottom of their "pantaioon sleeves," to give a neat set over the boot. Reported a bill-Mr Jackman of the lower House of our State Legislature, providing for the sale of the balance of the canals owned by the State. Jackman is a democrat. Died-a little girl named Kate Lamont, in Manchester. She was sliding on the ice near her fathers house, fell, and hurt her foot so severely that lock-jaw ensued, terminating fatally. Made their appearance-bills on the Saline Bank. N. Y. There is no such institution in the State They are altered from an old "Wild-Cat" Michigan plate, by inserting the words "State of New York." Writes-a Washington correspondent, that from what he knows of Keitt the South Carolina sprig of chivalry, he deems it entirely probable that he was "too drunk to know whether he was struck or not." Sent-a requisition, by Gov. Packer to the Governor of Ohio, for the delivery up of Frederick W Porter, the late Secretary of the American Sunday School Union, who is a defaulter to the tune of $50,000. Sharp-the chap, who suggests that there is reason to believe that one of the descendents of Aaron, the Iligh Priest, was a native of Ohio. See Ezra VII, 4, which reads, "The son of Zerahiah, the son of Uzzi. the son of (a) Bukki." A funny fellow-the editor of the Erie Citizen. He says: "We will have six weeks sleighing in March." Now, either the editor must be mistaken, or the Almanac man has miscalculated for these "diggins," for he only allows us about four weeks in March. The "Central Bank of Pennsylvania," is not an "institution" yet, and not likely to be under the Buffalo auspices. The Commissioners, it is understood, have shut down upon that project, and are now asking the Legislature to reduce the capital stock to $150,000, with a view to start a safe and sound establishment on Blair county capital alone, and in the hands of Blair county men. Winding up the following N. York Banks. and going into final liquidation: Agricultural Bank, Herkimer; Bank of Central New York, Utica; Bank of Hornellsville; Bank of Orleans, Albion; Chemung Co Bank, Horse Heads; Hamilton Exchange Bank, Greene; Hollister Bank, Reciprocity Bank, Sackets Harbor Bank, Oliver Lee & Co's Bank, and Pratt Bank, Buffalo; Yates Co. Bank, Pen Yan; Ontario Bank, Utica. A North Carolina paper, commenting on the vote on Harris' resolution, asks: "Will anybody hereafter have the effrontery to tell Southern men that they must look to Northern Democrats for aid and comfort?" No, we think not, for the Democrats of the north have awakened to their true interests, and therefore cannot extend aid and comfort to the south; but there is a class of northern dough-faces that will comfort you, providing you have a few little loaves and fishes to spare. The Raleigh Register, speaking of the vote on Harris' resolution, and the effect it has on the Democratic party says: "The Democratic party, long distracted, has now as a national organization fallen utterly to pieces. It is as dead as last year's pickled herrings. While it lived it cursed the country, and now that it is dead, the country curses it" Well, neighbor, turn about is fair play and if the country has the advantage, let her get it, for her sufferings have been great from that motley crew of leeches. A few days ago, at the large furnace called "Union Deposit Furnace," situated in South Hanover township, Dauphin county, Pa., a terrible accident occured. It appears that while several persons were about the furnace, the hot metal came running out in torrents, so unexpectedly that the five persons were literally showered over with the liquid fire, immediately setting their clothing on fire and burning them in a dreadful and shocking manner. Some of the unfortunate men jumped into the canal, and others into the water tub.