17319. Canal Bank (Cleveland, OH)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 9, 1854
Location
Cleveland, Ohio (41.499, -81.695)

Metadata

Model
gpt-5-mini
Short Digest
93643519

Response Measures

None

Description

Contemporary dispatches (Nov 9–14, 1854) report the Canal Bank of Cleveland failed and stopped paying depositors while continuing to pay bill-holders. Affairs were assigned to W. J. Gordon and J. L. Hewett and the sheriff later forced open the vault; these indicate a suspension with assignees/receivers and effective closure rather than a temporary run-and-reopen. The bank is described as an independent or State-Stock bank (State stock pledged for circulation), so classified as state. Multiple articles cite Nov 9, 1854 as the failure/suspension date; later (Nov 14–24) reporting legal actions and sheriff seizure.

Events (2)

1. November 9, 1854 Receivership
Newspaper Excerpt
The affairs of the bank have been assigned to W. J. Gordon and J. L. Hewett, who are paying specie at the counter. The cashier says that holders of bills will be paid in full.Sheriff caused the safe wall to be broken into (Nov 14).Excitement about the Canal Bank...assignee refused keys of the safe; sheriff caused safe-wall to be broken into. (Nov 14-15 reports).The assignees concluded to give up the keys...the receivers should take out and deposit on a shelf first the specie, next the paper (Nov 24 account).Canal Bank ... went by the board on Thursday. (Nov 10-15).Canal Bank ... under duress. (Dec 1-1854).Canal Bank Bursted Again...attachments, sheriff... (Dec 8).Canal Bank of Cleveland, stopped payment so far as depositors and time draft holders are concerned, but the bill holders are secured (Nov 22).Canal Bank of Cleveland has failed...paying bill-holders but not depositors. (multiple reports Nov 9).Canal Bank has failed; effects assigned to W. J. Gordon and J. R. Hewitt. (Nov 9 dispatch).CLEVELAND, Nov. 9. Canal Bank failed; paying bill holders but not depositors, effects assigned to W. J. Gordon, and J. R Hewitt. (The Evansville Daily Journal, Nov 10).Canal Bank has failed. It is paying bill holders, but not depositors. The affairs of the bank have been assigned to W.J. Gordon and J. S. Hewett, who are paying specie at the counter. (Washington Sentinel, Nov 10).Bank TROUBLES IN CLEVELAND. CLEVELAND, Thursday, Nov. 9, 1854, The Canal Bank, of this city, has failed. It is paying its bill-holders, but not depositors. (New-York Daily Tribune, Nov 10).Note: Multiple contemporary articles confirm assignment to Gordon and Hewett and later sheriff actions. The bank ceased paying depositors and had assignees/receivers appointed, indicating permanent closure rather than temporary suspension or reopening.
Source
newspapers
2. November 9, 1854 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failed/insolvent for depositors — paying bill-holders but refusing deposit withdrawals; affairs assigned to assignees indicating insolvency rather than mere rumor or temporary liquidity shortage.
Newspaper Excerpt
The Canal Bank has failed. It is paying bill holders, but not depositors. The affairs of the bank have been assigned to W. J. Gordon and J. L. Hewett
Source
newspapers

Newspaper Articles (25)

Article from Plymouth Advertiser, November 10, 1854

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Money Matters. Ellis & Sturges, one of the most extensive Banking Firms in Cincinnati, broke, Nov. 8. Their liabilities amount to $1,000,000, and their assets $1,400,000. Mr. Ellis died shortly afterwards of disease of the heart. Smead & Co.'s Citizen's Bank, and T. S. Goodman & Co., brokers, have also failed. The circulation of the following Banks is secured by U. S. Stocks, or Ohio State Stocks, deposited with the officers of State : Sandusky City Bank ; Union Bank, Sandusky Bank of Geauga ; Canal Bank of Cleveland City Bank of Cleveland; City Bank of Columbus; City Bank of Cincinnati ; Commercial Bank of Cincinnati; Franklin Bank of Zanesville; Mahoning Bank of Youngstown : Seneca County Bank, Tiffin ; Western Reserve Bank, Warren ; Bank of Commerce, Cleveland ; Bank of Marion ; Champaign Co. Bank, Urbana Franklin Bank of Portage Co., Franklin Forest City Bank, Cleveland Iron Bank of Ironton Merchant's Bank of Massilon : Miami Valley Bank, Dayton; Pickaway County Bank, Circleville; Springfield Bank ; Stark County Bank, Canton. Bank of Circleville has suspended, but its assets will be sufficient to meets its liabilities. Clinton Bank of Columbus is safe. The charter has expired, and its affairs are in process of liquidation. The Cincinnati Commercial of Wednesday morning has the following in its monetary columns: State Stock money, of all States is generally refused here, and some Bankers reject the notes of the Commercial Bank of Kentucky. The notes of the Miami Valley Bank are not taken. Business of all kinds came to a stand-still r to-day. Nothing of consequence was done owing to the unsettled state of money affairs. The rates of exchange are very unsettled and it is hard to give quotations.We believe 1ª premium was the regular t rate asked by Bankers, but the buying rate was nominal at 1 premium. The Indiana Stock curreney has disapO peared; it being unsaleable, except at a very heavy loss, since the last edict of Auditor Dunn. The question all are now ready to ask, in e this crisis, is, what money is safe ? which is hard to answer. The general impression is that the old Kentucky, Ohio. and Indiana State Bank paper is safe, if anything = is, and it is probable that there is not much danger in holding it; at the same time this is a good time to pay the taxes, and bankable funds will do it. P. S.-It was rnmored last night, (9th) that the Canal Bauk of Cleveland had a failed. How much truth there is in the S report, we know not.


Article from The Evansville Daily Journal, November 10, 1854

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COTTI IVINTITI [Reported expressly for the Daily Journal.] NEW YORK, Nov. 9, P. M. Elections thus far stand Seymour, 76,806; Clark, 64,702; Uliman, 60,661; Bronson, 13,389. For Mayor of New York City, Wood, 16,176; Barker, 15,143; Hunt, 12,809; Herrick, 4,785. A few more wards to hear from, which will not change the result for Mayor much. BUFFALO, Nov. 9. This is a blue day in monetary affairs.The Exchange Bank of Rob't Codd has failed. = CLEVELAND, Nov. 9. Canal Bank failed; paying bill holders but not depositors, effects assigned to W. J. Gordon, and J. R Hewitt who are paying specie at counter, Cashier says all bill-hola ders will be paid. Other Cleveland Banks are receiving Canal Bills on deposit at par. Canal Bank is bared upon independent State Stock pledged for circulation. . CHICAGO, Nov. 9. The Congressional delegation election consists of the election of Washburn, Norton, Knox, Williams and Yates, Whigs; Woodworth, K. N., Trimble, Anti-Nebraska Democrat. NEW BEDFORD, Nov. 8 / Liberty Hall nearly destroyed by fire this morning. Lower floor occupied by stores.The goods were mostly saved. Halifax, Nov. 9 The America has arrived with Liverpool dates to 28th. Flour-western 42s; Ohio 44s. Cornyellow and white 32s 6d. MANCHESTER,-Breadstfs slightly declined; lard moderate demand, prices favoring buyers; beef unchanged, pork dull.Bacon advanced 1s; rice advanced 1s, good REOOR demand. LONDON MONEY MARKET.-Transactions in American securities small; U. S. stocks unchanged; rates of interest lower. Consols closed at 94f. Bullion in the bank of England increased £500,000. Sebastopol was being bombarded, not taken. Austria and Russia were on the point of war. Mr Soule has been prohibited entering France. NEW YORK, Nov. 9. A Star of the West, in passing Sandy Hook, T gave a signal that the Yankee Blade was wrecked. No lives lost. A NEW YORK, Nov. 9. P. M. Flour declined 12c; good Ohio 8 50a6 24; T southern, sales 1,700 bbls at 6 85a9 25. Genesee wheat $2 20; southern red $1 80al 60. Corn adqanced, sales 7,500 bush. Pork deAS clined 12c; sales 2000 bols; coffee firm, 800 bags sold. Molasses scare; sales 225 bbls.Whisky firm. Galena lead 6 30 Stocks are unchanged. Money steady. Reading stock 704, Cleve land & Toledo 58, Erie 40f, N.Y. Central 843. NN CINCINNATI, Nov. 9, P. M. River stationary, weather clear and pleasant. Fiour in fine den and 7, 80@7, 90 Oats advanced to 42 Whisky 28. PAGER Cheese 10c. Previsions dull, and pricos nominal. Sales of Wisconsin potatoes at $1 20. Cloverseed $7. McMilikin & Co., private bankers, closed to day. There has been no run on other houses and depositers are concentrating on four or five leading esy tablishments. The Trust Co. Bank was crowded all day with depositors. Money matters improving. 1 Eastern exchange filf prem. Gold retails at 5 prem. Amount of money embezzled by Bodley now stated at $10,000. ILLINOIS ELECTION. VINCENNES, Nov. 9. Jas. Allen, Dem., supposed to be elected


Article from Washington Sentinel, November 10, 1854

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Failure of the Cleveland Canal Bank. CLEVELAND, Nov. 9.-The Canal Bank has failed. It is paying bill holders, but not depositors. The affairs of the bank have been assigned to W.J. Gordon and J. S. Hewett, who are paying specie at the counter. The cashier says that all the bill holders will be paid. The other Cleveland banks are receiving the "Canal" bills on deposit at par. The Canal Bank is an independent bank, with State stock pledged for its circulation.


Article from New-York Daily Tribune, November 10, 1854

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BANK TROUBLES IN CLEVELAND. CLEVELAND, Thursday, Nov. 9, 1854, The Canal Bank, of this city, has failed. It is paying its bill-holders, but not depositors. LATER.-The affairs of the Bank have been assigned to W. J. Gordon and J. L. Hewett, who are still paying at the Bank counter specie for the bills as presented. The Cashier says that holders of bills will be paid in full. All the other Cleveland Banks are receiving the bills of the Canal Bank on deposit at par. The Canal is an independent Bank, and State Stock is pledged for its circulation.


Article from The New York Herald, November 10, 1854

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Bank Suspension. THE CINOINNATI FAILURES, &C. CINCINNATI, Nov. 9, 1854. Messrs. Ellis & Sturgis and T. S. Goodinan & Co. have made assignments. There has been no run on the other bankers this morning: but large numbers of people are assembled around the doors of the suspended parties. Mr. Bodley, clerk in the banking house of S. W. Torrey & Co., has absconded with $1,500 or more. Theamount is not yet ascertained, and may prove much larger than is stated. McMackin & Co., private bankers, closed their doors to-day. There has been no run on other houses, and the deposites are now concentrating in favor of four or five leading establishments. The Trust Company Bank has been crowded all day with depositors. Money matters are beginning 10 improve. Eastern ex. change ranges from a half to one and a half per cent premium. Gold is retailing at five per cent premium. The amount of money embezzled by Rodley, the clerk of W. Torrey & Co., is. now stated to be ten thousand dollars. BANK TROUBLES IN CLEVELAND. CLEVELAND, Nov. 9, 1854. The Canal Bank of this city has failed. It is paying its bill holders, but not depositors. The affairs of the bank have been assigned to W. J. Gordon and J. L. Hewett, who are still paying at the bank counter specie for the bills, as presented. The cashier says that holders of the bills will be paid in full. All the other Cleveland banks are receiving the bills of the Canal Bank on deposit at par. The Canal is an independent bank, and State stock is pledged for its circulation. COMMERCIAL EMBARRASSMENTS IN BUFFALO. BUFFALO, Nov. 9, 1854. This is a blue day in our commercial circles. The Exchange Bank of Robert Codd has stopped, and we learn from private sources that the suspension of at least one large house on the dock must take place. FAILURE IN PITTSBURG. PITTSBURG, Nov. 9, 1854. A large banker of this city failed to-day, and there is a complete panic in the money market. From New Orleans. THE WEATHER IN NEW ORLEANS-COMMERCIAL AF FAIRS. NEW ORLEANS, Nov. 8-Noon. The weather here is fine and cool, but no actual frost has yet occurred. Our cotton market displays considerable activity, the sales this morning reaching 5,000 bales at previous rates. The stock of pork in this market is nearly exhausted, and prices have consequently advanced $2 per barrel— the quotation now being $16 for mess. Corn has declined to 80c. per bushel. The steamship Cahawba leaves here to-morrow for New York, via Havana.


Article from The New York Herald, November 10, 1854

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FINANCIAL AND COMMERCIAL. MONEY MARKET. THURSDAY, Nov. 9-6P.M. There was a regular stampede among the fancies in Wall street to-day. A perfect panie seized upon holders, and a great desire was manifested to sell, even at the depreciation. There were transactions on time, both buyor's and seller's option, netwithstanding the rapid deeline in prices. At the first board, Kentucky 6's fell off x per cent; Minois Central Bonds, 2; New York Central Bends, %; Delaware and Hudson, %; Canton Company, 36; Niearagua Transit, %; Cumberland Coal, ½; New York Central Railroad, X; Michigan Central Railroad, ½; Northern Indiana Railroad, 1; Erie Railroad,-1%; Harlem, %; Reading Railroad, 1. A very large quantity of stock changed hands at our quotations. Illinois Oentral Bonds were freely offered in the face of a depreciation of two per cent. There appear to be great apprebensions relative to the future course of prices for stocks generally. At the second board there was a slight reaction, as might have been expected after such a great and rapid decline. Erie Railroad went up % per cent; Reading Raflroad, ½; Nicaragua Transit, %; Cumberland, ½. There seems to be no end to disasters in the financial and commercial world. From every direction we are continually receiving accounts of failures of banks, banking houses and mercantile firms. The banks throughout the entire West appear to be in a state of insolvency, and upon the ave of a suspension. We know not what may come next. They will create a greater panic than yet realized, and all are afraid to enter into any movements, fearful something may occur to upset the best and closest calculations. The general disposition is to keep quiet and wait patiently for the end. The time is coming fast when it will be perfectly safe to buy any stock on the list. Prices must, at the rate of depreciation realized within the past month or so, ultimately become so much reduced that all speculators will be buyers, and then the upward run must be rapid. We must have a great change in money matters before outsiders can buy at any price. They must get the means from some source to buy even at reduced rates. The probability, "which to daily becoming strengthened, that some companies will pass their dividends, and that others, contemplating the announcement of dividends, will not do so, has undoubtedly had an unfavorable influence upon prices, and may depreciate the securities alluded to still further; but a depression from such causes can be but temporary, and in the end may prove advantageons. We have no doubt many will be disappointed, and that many may be forced to realize on the principal to the absence of dividends; but it is the wisest course the managers of the companies referred to could, under the circumstances, pursue, and the end justifies the means used for its accomplishment. In times like these, all human calculations fail. A few daysin such an eventful period changes completely the complexion of matters, and all our hopes and anticipations suddenly disappear, leaving us all in the midst of doubt and uncertainby. A few days since we began to feel as though the worst was over-as though we had passed through the severity of the pressure, and only required time to recuperate and husband our resources; but it seems we were a little premature in our reckonings - that there was still a lower depth before we found bottom. The mutterings of the convulsion we heard a week or two since, in the West, have commenced again with increased force, and probably will burst forth and sweep over that entire section of country. The banking systenan of several States in that region are in a wretched condition. It is reported that there is not a solvent bank in Indiana, and we have several bank suspensions in Ohio to record. The Miami Valley Bank, of Dayton; the Canal Bank, of Cleveland, and the Bank of Circleville, have all stopped. Nearly half a dozen banking firms of Cincinnati have failed, and the panic appears to be spreading in all directions from that city. Several. failares have also been reported at Buffalo. These suspensions will throw upon the market a large amount of public securities, and great sacrifices must be made. We trusta few days will suffice to clear up the excitement and enable people to take a calmer, cooler view of matSerm. After the adjournment of the board the following sales of bonds and stocks were made at auction by A. H. Nisolay:-


Article from The Daily Union, November 11, 1854

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Bank Panice and Troubles in the West. CISCINNATI, Nov. 9. -Messrs. McMackin & Co., private bankers, closed their doors to-day. There has been LO run on other houses, and the deposites are now concentrating in four or five leading establishments. The Trust Company Bank has been crowded all day with depositors, and money matters are improving. Eastern exchange ranged to-day from 1/2 to 11/2 premium. Gold is retailing at 5 per cent. premium. The amount of money embezzled by Mr. Bodley is now stated to be only $10,000. Messrs. Ellis & Sturgis, and T.S. Goodman & Co., have made assignments. There is a run on other bankers this morning, but a large number of people assembled around the doors of the suspended parties. Mr. Bodley, & clerk in the banking-house of S. W. Morrey Co., is said to have absconded with $1,500 or more. The amount is not yet known and may be much larger. CLEVELAND, Nov. The Canal Bank of this city has failed. It is paying its bill-holders but not depositors. [SECOND DESPATCH.] The affairs of the bank have been assigned to W. J. Gordon and J. L. Hewett, who are still paying at the bank specie for the bills as presented. The cashier says that holders of bills will be paid in full. All the other Cleveland banks are receiving the bills of the Canal Bank on deposite at par. The Canal is an independent bank, and State stock is pledged for its redemption. BUFFALO, Nov. 9. -This is a blue day in our commercial circles. The Exchange Bank of Robert Codd has stopped, and we learn from private sources that the suspension of at least one large house on the dock must soon take place, PITTSBURG, Nov. -Hugh King, banker, failed to-day, and there is quite a panic in the money market.


Article from The New York Herald, November 15, 1854

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The Financial Crisis. RUN ON THE BANKS OF WASHINGTON. WASHINGTON, Nov. 14, 1854. The run on the Exchange Bank in this city continue. to-day, but there were appearances of an abatement at the close of bank hours. The paper of the bank is re. deemed promptly, but depositors are not allowed to remove their deposits, and bill holders are paid in notes on the Trans-Alleghany Bank of Virginía-an institution said to belong to the same firm. Strong doubts are entertained as to the capability of the bank to sustain itself under such sudden pressure. The run on the Trans-Alleghany, the Arlington, the Old Deminion, and the Kanawha banks, and also the Exchange Bank of Selden, Withers & Co., still continues, and each bank is redeeming its notes with those of the others. EXCITEMENT ABOUT THE CANAL BANK OF CLEVELAND. CLEVELAND, Nov. 14, 1854. Dr. Ackley, a special depositor of eight thousaed dollars in the Canal Bank of this city, as State Commissioner for the erection of an insane asylum at Newbury, attempted to get possession of the property of the bank by law, as assignee, bnt was refused the keys of the safe. Thereupon, the Sheriff caused the safe wall to be broken into. Meanwhile, a general depositor of fifteen thousand dollars sued the bank, and summoned the 33signee to give him possession. The landlord of the building then refused to accept the assignee as a sublessee, and the breaking in of the wall was temporarily suspended. It was afterwards resumed, and it was proceeded with amidst the greatest excitement. What was got by the assignee has not yet transpired. SUSPENSION OF THE CITY BANK OF CHICAGO. CHICAGO, Nov. 14, 1854. The City Bank of this city this morning suspended. Its capital was two hundred thousand dollars. STOPPAGE OF GEORGE MILNE & co., PRIVATE BANKERS. CINCINNATI, Nov. 14, 1654. George Milne & Co., private bankers, of this city, stopped this morning. WESTERN BANK DIFFICULTIES. CHICAGO, Nov. 14, 1854. The Union Bank has closed. The bills of the Elgin Bank are again being taken. Great excitement exists here in regard to the continued bank failures.


Article from The Weekly Portage Sentinel, November 15, 1854

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The Bank Failures. Failures are the order of the day. A commercial crisis has come, which threatens to overthrow the would be "money Kings" of the country, and exhibit their affairs in a true but not very enviable light. Storms are said to purify the atmosphere, and it is to be hoped that the financiel storm now upon us will clear away the rubbish and show business men where and how they stand. The heavy failures which have recently occurred, have caused a feeling of insecurity throughout the whole country, and the people very justly begin to make an examination of their financial concerns. A month or two ago every day brought us news of Bank failures from New York, Michigan, Indiana, Kentucky and other States around us, 80 that some began to congratulate themselves, that our home institutions were better than foreign, (this may be the case; they are all bad enough;) but the recent news from Cincinnati, Dayton, Circleville, Columbus and Cleveland, is beginning to shake the confidence of the people in every thing, like banking institutions anywhere. First came the failure of Ellis & Sturges; about the same time, word was received that the Circleville Bank had 'gone by the board.' The next day the Miami Valley Bank "suspended payment." The day after, the Clin. ton bank of Columbus was said to be in a fainting condition, and last, but not least the Canal Bank at Cleveland has "given up the ghost" and robbed its depositors and time draft holders of one hundred and eighty thousand dollars! Beautiful institutions truly. If a poor man were to steal $35 to get food for his family, he would be deemed a felon and sent to the Penitentiary; but a Bank may receive thousands on deposite just on the eve of failure, suspend payment, defraud its credit. ors, out of their money and its directors and officers go unpunished! These are the same privileged institutions which are exempted from the payment of taxes, and as a consequenee are licensed to defraud and wrong the laboring classes without hinderance or restraint. The circulation of some of these Banks however, is secured by State or United States Stocks. Where this is the case the bill holders are secure. But the depositors of money with them, are without security and as a consequence lose the whole amount of their deposites. Below, we append a list of the only Banks in Ohio whose circulation is secured by State or United Statas Stocks deposited with the officers of State: Bank of Geauga; Canal Bank of Cleveland; City Bank of Cleveland; City Bank of Columbus; City Bank of Cincinnati; Commercial Bank of Cincinnati; Franklin Bank of Zanesville; Mahoning County Bank, Youngstown; Sandusky City Bank; Seneca County Bank, Tiffin; Western Reserve Bank, Warren; Bank of Commerce, Cleveland; Bank of Marion; Champaign County Bank, Urbana; Franklin Bank of Portage Co., Franklin; Forest City Bank, Cleveland; Iron Bank of Ironton; Merchants' Bank of Massillon; Miami Valley Bank of Dayton; Pickaway County Bank, Circleville; Springfield Bank; Stark County Bank, Canton; Union Bank, Sandusky City. 05 P. S. Since writing the above, news has reached us of the failure of the City Bank of Columbus, Farmers Joint Stock Bank, Buffalo; Wondbury Bank, Connecticut and Exchange Bank, Buffalo. So they go. We are a fast people.


Article from The Ashland Union, November 15, 1854

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made, breaks. All that's necessary is to look into them, and they bust up " instanter. The following private banking houses have failed since our last issue CINCINNATI--McMicken & Co., Smead, Collord & Hughes, Ellis & Sturges and T. S. Goodman & Co. These bankers all promise to secure their depositors, principal and interest, and claim to have stopped payment for a few days only. The most intense excitement prevails in the city, and a general run has been made on all the depositing banks. PITTSBURGH-Hugh D. King, banker, failed on the 9th. Great excitement in the money market. Burralo-Robert Codd's Exchange Bank gone. Commercial circles very blue. In addition to these private failures, we have the following Banks of issue, in which our readers are more deeply interested The Pickaway County Bank, Circleville, stopped paymenton Wednesday last. The Cashier says they were compelled to stop on account of the course which the Chicago, Cleveland and Cincinnati Brokers pursued towards them. He says, further, that the Bank will redeem every dollar of its circulation. Its circulation is secured. by State Stocks. It is worth seventy-five-cents on the dollar at home. The Clinton Bank of Columbus has had quite a run and is considered in a very precarious condition. It is refused on deposit here, and weadvise our readers to keep clearof for the present. The City Bank of Columbus, to the surprise of every body, stopped payment on the 10th. This Bank was considered one of the safest in Ohio, as it had a large amount of the City and Township funds deposited with it, besides the proceeds of the late State Fair. Its notes are secured by State Stocks. BECKEL'S Miami Valley Bank, Day. ton, has also failed. Mr. BECKEL is represented as being principal owner of several Turnpikes, is a heavy stockholder in numerous Rail Roads, and owns a large amount of Real Estate. It is said that he is good for all his liabilities. The notes of this Bank are secured by State Stocks. BECKEL also owns the Wayne County Bank, of Indiana, so look out for that ! The Canal Bank of Cleveland, went by the board on Thursday. Italso was one of the State Stock Banks. It has closed down on its depositors to the tune of one hundred and eighty thousand dol. lars It will continue to redeem its notes SO long as its specie lasts. When that fails, it proposes to exchange the redoemed notes for Stocks in the hands of the State Auditor. These Stocks will then be sold at par if they can, and the redemption of the notes continued. We here give a list of all the Ohio Banks whose circulations are secured by State Stocks in the hands of the Auditor. So long as our State Stocks are worth their face, the notes of these Banks will be good, break or no break. Bank of Commerce, Cleveland; Bank of Marion Bank of Geauga Canal Bank of Cleveland; City Bank of Cleveland; City Bank of Columbus City Bank of Cincinnati Commercial Bank of Cincinnati; Champaign County Bank, Urbana; Franklin Bank of Zanesville; Franklin Bank of Portage County; Forest City Bank, Cleveland Iron Bank of Ironton; Mahoning Co. Bank, Youngstown; Merchant's Bank of Massillon; Miami Valley Bank of Dayton; Pickaway County Bank, Circleville Sandusky City Bank Seneca County Bank, Tiffin Springfield Bank Stark County Bank, Canton; Union Bank, Sandusky City. Western Reserve Bank, Warren: The reader will perceive that the above named five Banks which have suspended payment, are included in this list. If any of our readers have any of the notes of these Banks in their possession, we would advise them not to part with them at much of a sacrifice. They are amply secured, and the Banks have only stopped payment because they are unable to pay their depositors. Let it also be understood that the above list contains all the Banks in the State whose circulations are secured by State Stocks, and that all others are doing business upon private capital alone. Let every man cut out this list and paste it in his hat. We would advise our readers to pay strict obedience to the Small Note Law. Don't tak a single dollar of foreign bank paper, if you would be safe. Ohio mon-


Article from New-York Daily Tribune, November 15, 1854

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EXCITEMENT ABOUT THE CANAL BANK OF CLEVELAND. CLEVELAND, Tuesday, Nov. 14, 1854. Dr. Ackley, a special depositor of $8,000 in the Canal Bank, of this city, as State Commissioner for the erection of an Insane Asylum at Newbury, attempted 20 get possession of the property of the Bank by law, as assignee, but was refused the keys of the safe. Thereupon the Sheriff caused the safe-wall to be broken into; meanwhile a general depositor of $15,000 sued the Bank and summoned the assignee to give him possession. The landlord of the building then refused to accept the assignee as a sub lessee, and the breaking in of the wall was temporarily suspended. It was afterwards resumed, and it was proceeded with amid the greatest excitement. What was got by the assignee has not yet transpired.


Article from Burlington Tri-Weekly Hawk-Eye, November 16, 1854

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BANK PAMC. Very considerable of a panic, and a RUN upon Banks and Brokers has been made in Cincinnati, Dayton, Cleveland, Pittsburgh, and elsewhere, by bill holders and depositors. In consequence a number of banks have ha 1 to close their doors. But the opinion was that the worst was over. There was much excitement at Chicago yester day and the day before. Several of the Chicago B unks did not open their doors yesterday morning. The notes of the following Banks are refused deposite here: Bank of Carthage, N. Y.; Adrian Insurance Co ; Farmers and Mechanics Bank, Tenn.; Knickerbocker Bank, N. Y.; to Suffolk Bank, N. Y.; 8th Avenue Bank, do.; Patchin Bank, Buffalo; Farmers and Mechanics Bank, Oswego. Drovers Bank, Og lensburg, N. Y.;: Bank of Napersville; Du Page Co. Bank; Merchants and Mechanics Bank, Chicago; Cochituate Bank, Boston; Eastern Bank, Killingly, Ct.; Scituate Bank, R. I.; Wolf Borough Bank, N, H.; Bennington Bank, Vt.; Monsum River Bank, Me.; Bank of Ellsworth, do.; Bank of Millford, Del.; Farmersand Mechanics Bank, Kent co., Md; Middlebury Bank, Vt.; Exchange Bank, Buffalo, N. Y.; Canal Bank, Cleveland, Ohio; Miami Valley Bank, Dayton; Farmers' Joint Stock, Toronto, Canada; Woodbury, Conn. and Farmers' Bank, Chicago.


Article from The Daily Union, November 16, 1854

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Excitement about the Canal Bank of Cleveland. CLEVELAND, Nov. 14.-Dr. Ackley, a special depositor of $8,000 in the Canal Bank of this city, as State commissioner for the erection of an insane asylum at Newbury, attempted to get possession of the property of the bank by law, as assignee, but was refused the keya of the safe; thereupon the sheriff caused the safe-wall tube broken into. Meanwhile a general depositor of $15,000 sued the bank, and summoned the assignee to give him possession. The landlord of the building then refused to accept the assignee as a sub-lessee, and the breaking in of the wall was temporarily suspended. It was afterwards resumed, and it was proceeded with amidst the greatest excitement. What was got by the assignee has not yet transpired.


Article from Fremont Journal, November 17, 1854

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Banks. There is great commotion in money matters, and what the end is to be, no man can with certainty tell. Thus far, all Ohio paper, except Circleville, is passing at par. Those who are best informed, think Circleville notes will yet be redeemed at their face, and bill holders are advised not to suffer a heavy shave. The City Banks of Columbus, Miami Valley Bank of Dayton, and Canal Bank of Cleveland, have all suspended; their notes however, continue to pass at par, as they are secured dollar for dollar, by Ohio and U.S. Stocks. Some have feared a suspension of the State Bank, we do not believe this will take place. The State Bank is believed to be strong, its circulation not large, and it will be strongly for the interest of each and all the branches to sustain each other. Indiana Free Banks get into worse and worse repute. The Auditor tells the public that he will not sell the Stocks to redeem the notes till he gets ready. We advise every body to keep clear of Indiana Free Bank Notes. The old State Bank of Indiana is considered good. Illinois money looks squally, it is no better secured than Indiana, we think it not as well. Three or four petty Banks in Chicago, have already failed. W e advise our friends to be shy of Illinois money. Michigan money we believe is accounted safe, except Macomb County Bank, which is regarded as somewhat doubtful. Let all the people be determined, as soon possible, to have a Banking System in operation in this State, which shall secure the bill-holder in any event.


Article from Daily Davenport Gazette, November 17, 1854

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Among those whounderst and our general banking law, there never has been any distrust of the Illinois Banks. That the people may have their confidence reassured, Hon. P. Maxwell publishes the following: TO THE PUBLIC. The undersigned feels called upon, at this time of monetary excitement, to make a public statement for the benefit of such persons as are not in the way of being correctly informed as to the value of Illinois Bank bills of suspended Banks. Every Bank of this State, under the General Banking Law, has deposited with the Auditor, in the hands of the Treasurer, good interest paying bonds of the several States, to the full amount of every dollar of their own bills; and all registered money is equally secured, one Bank with another. Those that have closed their doors have in no way depreciated the security for their bills:they are of their full value now-but cannot command specie until the Auditor disposes of their bonds or securities according to law, which is required to be done immediately, at which time due notice will be given and the bills redeemed in specie. No sacrifice should be made on Illinois Bank bills whatsoever-not even suspended Banks. P. MAXWELL, Bank Commissioner. CHICAGO, Nov. 15, 1854. In this connection it gives us great pleasure to say that we were assured last evening by one of the proprietors of the City Bank, that they expect to resume business on Tuesday next. We also heard, but not officially, that the Union Bank will resume in a few days. The directors of the Mercantile and Mechanic's Bank also publish a card this morning which looks to an early resumption of business. These facts will tend to strengthen public confidence. Abroad prospects are improving somewhat. The Ohio Statesman says: "To show how little the credit of the notes issued by the Free or Stock Banks suffer upon the failure of those Banks issuing them, it is but necessary to state that the notes of the City Bank of Columbus, the Miami Valley Bank, and the Canal Bank of Cleveland, will be received for taxes and all public dues, as the State hold indemnity for the present and all future contingencies. On the whole we have reason to hope that the worst is over. Let the system of contraction and paying debts go forward. Let all act with prudence and energy, and the community will ere long be relieved from its present financial embarrassment.


Article from The Weekly Portage Sentinel, November 22, 1854

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Broken Banks. The following is a list of Banks, that have suspended within a few months past. For the benefit of our readers, we shall keep it standing, and make weekly additions thereto, of such failures as come ithin our knowledge: Patchin Bank, Buffalo. Farmers' and Merchants' Bank, Oswego. Farmers' Bank of Canadaigua. Drovers' Bank, Ogdensburg. Bank of Carthage. Farmers' and Merchants' Bank, Meryland, Massillon Bank, Ohio. Farmers' and Merchants' Bank, Memphis. Ohio Savings Institute, Titfin Cochituate Bank, Boston. Bank of West Killingly, Connecticut. Eighth Avenue Bank, New York. Bank of Ellsworth, Maine. Elkhart County Bank Indiana. Bank of Northern Indiana. Bank of Washlenaw, Michigan. Erie and Kalamazoo Bank, Michigan. Newport Safety Fund Bank Kentucky. Kentucky Trust Company. Bank of Kanawha, Virginia, Arlington Bank, Washington, D. C. Farmers' and M. Bank, Washington, D.C. Bank of Connersville, Indiana. Bank of Hallowell, Maine. The Shipbuilders' Bank, Maine. Lewis County Bank, New York. Akron Branch, Akron. Marchants and Traders Branch, Cin. Exchange Bank, Buffalo. Farmers' Joint Stock Bank, Buffalo. Woodbury Bank, Connecticut. Circleville Bank, Circleville. The City Bank, Columbus, Miami Valley Bank, Dayton, and the CanalBank of Cleveland have suspended payment so far as depositors and time draft holders are concerned, but the bill holders are secured by State and United States Stocks.


Article from The National Era, November 23, 1854

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NEWS OF THE WEEK. The Western Banks. The Cincinnati Commercial states that, in consequence of the pressure, the City Bank of Columbus, Ohio, has been forced to suspend payments of its deposites. The notes of the Bank of Kanawha sold at 25 per cent. discount; Bank of Circleville, at 50; Kentucky Trust Company, at 70; and Newport Safety Fund, at 80. The notes of the Clinton Bank of Columbus were again refused at Cincinnati on Saturday. Indiana stock notes are selling at 25 to 30c. discount. A note from the Treasurer of the State of Ohio states that the notes of the Miami Valley Bank, Canal Bank of Cleveland, Savings Bank of Cincinnati, City Bank of Columbus, and all other Ohio Stock Banks, will be received for taxes and all other public dues, as heretofore. These notes are abundantly secured by the pledge of Ohio and United States stock in the offices of the Auditor and Treasurer of State, which stocks are still commanding a premium in New York. No bill-holder, he adds, need necessarily lose anything by Ohio stock paper. For the sake of keeping our readers posted, we extract the following list of suspended Western banks, from Thompson's Reporter, of Nov. 18: The Union Bank, Chicago, Ill.; the Bank of Napierville, Napierville, Ill.; the City Bank of Chicago, III.; the Merchants and Mechanics' Bank, of Chicago, Ill.; and the Farmers' Bank of Chicago, are said to have failed; also, the Mechanics and Traders' Branch of the State Bank of Ohio, Cincinnati, Ohio; the Sandnsky City Bank, Ohio; the Farmers' Joint Stock Banking Company, Toronto, Canada; the Bank of Circleville, Ohio; the Exchange Bank, Buffalo, N. Y.; the Canal Bank, Cleveland, Ohio; the City Bank of Columbus, Ohio. Seven more Indiana Banks are under protest, viz: Wayne Bank, Logansport; State Stock Bank of Indiana, Peru; Upper Wabash Bank, Wabash; Perry County Bank, Cannelton; Steuben County Bank, Angola; Traders' Bank, Terre Haute; Great Western Bank, Terre Haute. It is proper to add that a number of merchants of the city of Chicago, Illinois, have agreed to receive at par the bills of the banks of that city, which has had a good effect, but the excitement nevertheless continues, as the holders want specie, not goods, for their bills. The Union Bank of Chicago was owned by Forrest Brothers, and the City Bank, owned by Bradley, Curtis, & Co. The failure of the Mechanics' and Traders' Bank of Cincinnati is not of much importance. It has been in process of closing its business for some time past, under the supervision of the board of control. Its capital in August last was only $60,000, and its circulation $47,339. The deposits and circulation are paid without interruption.


Article from The Kalida Venture, November 24, 1854

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bas Latest Banks Failed. The Bank of Circleville, Ohio, is said to have failed-also The Farmers' Bank, of Chicago, Ill. The Exchange Bank, Buffalo, N. Y. The Canal Bank, Cleveland, Ohio. The City Bank of Columbus, Ohio, suspended this morning. The Woodbury Bank, Woodbury, Con nec:icut, thrown out at the Suffolk Bank Seven more Indiana Banks under protest, viz: Wayne Bank, Logansport; State Stock Bank of Indiana, Peru; Upper Wabash Bank, Wabash; Perry county Bank, Cannelton; Steuben county Bank, Angola; Traders Bank, Terre Haute; Great Western Bank, Terre Haute, Look out for more soor!-Dye's Bank Mirror, Nov. 15th, 1854.


Article from The Weekly Minnesotian, November 25, 1854

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The Bank Panic. The Bank Panic is on the increase, and there Is no knowing where it will end. The Chicago and Cincinnati Bankers and Brokers are having it all their own way. In the latter city, the sowers of the wind are commencing to reap the whirlwind. The private banking-house of Ellis & Sturges, considered one of the most substantial in the West, has been compelled to suspend. The house shows assets several hundred thousand dollars over its liabilittes. Mr. Ellis, the senior and chief managing partner, died the day the bank closed. Goodman & Co., bankers of the same city. have also made an assignment. The Citizens' Bank of Cincinnati has likewise closed, and the Canal Bank of Cleveland. We hear, privately, that the Miami (Ohio) Valley Bank is also down, and the Casco Bank, Maine. The Banks of Chicago are not receiving on deposit any of the Ohio Banks, except the State Bank. All the Banks of Kentucky are refused except the Bank of Louisville and the Bank of Kentucky. The Farmers Joint Stock Company of Canada is also thrown out. Col. Swift, banker of the same city, has issued a circular to his depositors, stating that in addition to the above, he has thrown out all Virginia Banks, except North-western Bank and Branches ; Bank of Carthage, N. Y. ; Farmers Bank, Saratoga Co., N. Y. ; Lewis County Bank, N. Y. ; Eighth Avenue Bank, City of New York ; Knickerbocker do ; Suffolk do ; Island City do ; Empire City, do ; Ellsworth, Me. ; Bank of Hallowell, Me; Exchange Bank, Buffalo ; Woodbury Bank, Conn ; all Indiana Free Banks; all Tennessee Banks.


Article from The Daily Union, November 26, 1854

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GENERAL NEWS. QUICK PASSAGE The clipper ship Comet, built by William H. Webb, of New York, partly owned in this city, and commanded by Captain Gardner, a Rhode Island boy, left Liverpool June 16, and arrived at Hong-Kong, China, September 9, making the passage in less than 84 days, the fastest yet made. She sailed in straight course 17,500 geographical miles, making an average of about 215 miles per day, or a little more: the best day's run was 350 miles geographical The ship has made this passage, without losing sail, spar, or rope, and is as tight, staunch, and strong as when she left Liverpool.- Proc. Post. It is stated that the pastor of a church in New Jersey has matured arrangements for emigrating to Kansas with about forty families, thus transferring his church and part of his congregation to that wide and inviting district. In the United States circuit court for Illinois, Charles H. Lamar, defendant, filed a plea alleging that the plaintiff, Joseph C. Mitchell, is a free negro, and not a citizen of the United States entitled to maintain a suit before that court. Judge Drummond delivered an opinion sustaining the plea in bar, and Justice McLean, of the United States supreme court, coincided therein. Judge Drummond's opinion will be written out and published. A country correspondent of the New Orleans Picayune estimates the deficiency in this year's Louisiana sugar crop. as compared with that of last year, at 150,000 hogsheads. The grand lodge of California have passed resolutions declaring that members who fight a duel shall be expelled from the Masonic order. and none who are killed in such contests shall be buried with Masonic honors. Dr. Dewey was charged with saying that if it was necessary to save the Union, he would see his mother sent into slavery. In a recent lecture he took occasion to deny this. What he said was "I would consent that my own brother, my own son. should go into slavery-ten times rather would I go myself-than that this Union should perish for me or mine. Over $350,000 of free bank currency was cancelled by the auditor of State during last week. There is not more than $3,500,000 of this description of money now in circulation-of which the banks probably hold $500,000-making the entire circulation of free-bank paper among the people about $3,000,000. Most of this amount is now in Indiana,-Indianapolis Sentinel, Tuesday. The donations made in the will of the late Samuel Ap pleton, as distributed by his trustees, amount to $210,000. Harvard College gets the largest sum, $50,000; there is one of $25,000, two of $20,000, one of $15.00 and eight of $10,000. The Maryland Sentinel says We learn that there are more will ducks in Corsica creek at this time than have been seen so early in the season for a number of years." A YOUTHFUL TEA PARTY.-A nice little tea party met together in the town of Duxbury a few evenings since, comprising two brothers and four sisters, whose united ages were 470 years. The eldest brother was 86 years of age, the second 84, and the sisters, respectively, 82, 75, 73, and 70. In the ordinary ways of Providence so large a family is seldom preserved to 80 great an age.-Boston Journal "You ARE A BRICK.-- certain college professor had assembled his class at the commencement of the term, and was reading over the list of names to see that all were present, It chanced that one of the number was unknown to the professor, having just entered the class. " What is your name, sir ?" asked the professor, looking through his spectacles. You are a brick," was the startling reply. Sir," said the professor, half starting out of mischair at the supposed impertinence, but not quite sure that he understood him correctly, "air. did I not exactly understand your answer 9" You are a brick," was again the composed reply. This is intolerable, said the professor, his face reddening. "beware, young man, how you attempt to insult me. Insult you," said the student, in turn astonished. "How have I done it? Did you not say I was a brick 2" returned the professor, with stifled indignation. No, sir, you asked me my name, and I answered your question. My name is U. A. Brick-Uriah Reynolds Anderson Brick." Ah, indeed," murmured the professor, sinking back into his seat in confusion. It was a misconception on my part. Will you commence the lesson, Mr. Brick? An old woman was run over in Threadneedle street. London, and had a leg broken. The accident happened just in front of a bank. and a large crowd was soon collected. A person passing inquired what was the matter. A wag in the crowd replied that they were making a run on the bank. This was soon reported, and the crowd rushed in to have their notes redeemed, and in twentyfour hours the institution was obliged to close its doors. It will not do now to have a leg broken, or excitement of any description created in front of a bank: if there is, destruction stares it in the face. This the banks understand, as the manner in which the " soap man with the steeple hat" was treated indicates. The other day while the Canal Bank at Cleveland was under duress, the soap man with the steeple hat planted his stand in front of one of the State banks and began to cry his wares as usual. A tall director came out of the bank and quietly called a policeman and requested him to remove the soap man, as a crowd at that place might be mistaken for a run on their peculiar institutions. It was done. Ohio paper


Article from Evening Star, December 1, 1854

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The other day, while the Canal Bank at Cleveland was under duress, the soap man with the steeple-hat planted his stand in front of one of the State banks, and began to cry his wares as usual. A tall director came out of the bank, and quietly called a policeman and requested him to remove the soap man, as a crowd at that place might be mistaken for a run on their peculiar institution. It was done.


Article from The Cadiz Democratic Sentinel, December 6, 1854

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suspended within a few months past. For the benefit of our readers, in these times of bank suspensions, we shall keep it standing, and make weekly additions thereto: Lewis County Bank, of New York. Carthage Bank, do Milrose Bank, do Drovers' Bank, do Bank of Carmel, do Ogdensburg, do Exchange Bank Buffalo, do Patchin Bank, Buffalo, do Eighth Avenue Bank, do Bank of West Killingly, Connecticut. Bank of Ellsworth, Maine. Bank of Circleville, Ohio. Clinton Bank of Columbus, Ohio. Canal Bank of Cleveland, do. Miami Bank, Dayton, do. Woodbury Bank, Connecticut. Shipbuilders' Bank, Maine. Merchants' and Mechanics's Bank, Chicago. Union Bank, Chicago, Ill. Knickerbocker Bank, do Farmers' Joint Stock Bank, Buffalo, N. Y. Farmers' and Mechanics' Bank, Oswego. Farmers' Bank of Canandaigua. Farmers' and Merchants' Bank, Maryland. Merchants' Bank of Macon, Georgia. Milford Bank, Delaware. Merchants' Bank Burlington, Vermont. River Bank Connecticut. Cumberland Bank, Maine. Kentucky Trust Company Bank, Covington. Newport Safety Fund, Covington, Ky. Commercial Bank, Paducah, Kentucky. Trans Allegheny Bank, Virginia. Kanawha Bank, Va. Massillon Bank, Ohio. Ohio Savings Institute, Tiffin. Cochitute Bank, Boston. Elkhart county Bank, Indiana. Bank of Northern Indiana. Bank of Washtenaw, Michigan. Erie and Kalamazoo Bank, Michigan. Arlington Bank, Washington, D. C. Bank of Connersville, Indiana. Bank of Hallowell, Maine. Akron Branch, Ohio. Merchants and Trader's Branch, Cin., O. City Bank, Columbus, Ohio. Commercial Branch, Toledo, Ohio. Ashtabula Branch, Ohio. Napersville Bank, Illinois. Merchants Bank, Bridgeton. Government Stock Bank, Ann Harbor, Mich. Cuyahoga Falls Branch Bank, O. Licking Branch Bank, Ohio. Phoenix Bank, Chicago, Illinois. Du Page county Bank, Illinois. Bank of Ottawa, Illinois. State Stock Bank, Peru, Indiana. Stock Bank, Lafayette, Ind. Bank of Elkhart, Plymouth Bank, Fayette county Bank, Delaware county Bank, Logansport Insurance Company, Indiana. Indiana Stock Bank, Laport. Savings Bank, Cincinnati. Scituate Bank, Rhode Island. Wollborough Bank, New Hampshire. Bennington Bank, Vermont. Monsum River Bank, Maine. Bank of Ellsworth. Bank of Milford, Delaware.


Article from The Kalida Venture, December 8, 1854

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KALIDA, PUTNAM COUNTY, OHIO, FRIDAY, DECEMBER 8, 1854. Canal Bank Bursted Again-Great Times A CURE FOR ALL! take out said safe bodity, This they are HOUSE. in Cleveland-Attachments, Sheriff, now doing AC NIGH, Crow-Bars, Pick-Axes and PickTwo comes writs of rePockets. Putnam County, O. plevin, attachments, &c., &c., from sevken the HouseformerAs much as we have heard, read, and eral other creditors-one a claim of J McHenry and fitted written about Banks breaking, we never $15,000, belonging to the estate of dation of guests, trav. saw one break o-day. It was a right, Charles Hayes; others of lesser amounts. ay favor him with their though, a rich and rare one, and we in re no pains to furnish Lawyers are lying about; depositors are propria persona were favored with a requirements. excited; jokers grow serions; vengeance ervice of a Hotel. front seal to witness the performance. seems breathed against all Banks; Whigs condition, and will Talk about circuses, hippodromes, and are turning Democrats, and swearing a bull-fights! They are mere outside Know Nothing oath against all moneyed HOLLOWAY'S OINTMENT. shows compared with this. corporations. PICE. The bank opened as usual at 9, A. M One old fine Whig says: "Gray, give intiff Citizens of the Union,We should say half opened, as bill hold me your hand; I m with you. If I can Civil ets only had access to the funds, deposiYou have done me the honor as with find an anti-Bank ticket in Ohio at the Action. fendant. tois having been ruled out by an assignone voice, from one end of the Union to next election, I will vote for it." Good, ment of its assets. At half-past 10 Inbird is hereby the other, to slamp the character of my said we: named T. E. Strain, o clock H. A Ackley, as Commissioner Ointment with your approbation. It is "There is more joy in heaven over one of the Lunarie Asylum, appeared with a 1 day of September, scarcely two years since I made 11 known sinner that repenteth than in ninety.nino in the office of the writ of attachment, issued by the Court just persons made perfect." among you, and already, it has obtained of Common Pleas, commending the of common pleas, of 4 corner of the vault has more celebrity than any other Medicine Sheriff to seize the assets of said Bank, te of Ohio, his peti11 80 short a period. been demolished, to unhinge the two or so much of them AS should satisfy his THOMAS HOLLOWAY among other things, front iron doors. One $500 lock has dant is indebted to claim as agent for the State, $8,000, been knocked to "immortal smash." 80, Lane, New York hundred dollars, with made as a special deposit by him. The Excitement increasing. st thereen from the assignees refused compliance with the ASTONISHING URE OF SORE 3$ P. assignees conclude to D., 1854, as is eviwrit; thereupon at 11 o'clock the Sheriff LEGS, AFTER NINE YEARS give up the keys to the burglar proof and appraisers proceeded to take an in missory note of said STANDING. safe, in which the assets of the bauk are Plaintiff and dated ventory of such fixtures and things as deposited, and Mr.Severance, the Cashier, Copy of a Letter from Mr. W. Langley, of could be found outside of the vauls.-Huntsville, Yadkin County, North Caro354, and the object has taken off his hat and coat and gene lina, U.S., dated November 1st, 1853. esition is that on the The last thing mentioned on the list was in through the "hole in the wall," to unOC-READ IIIS OWN WORDS. determination of this an old rat trap, which looked as though lock it. The Sheriff stands ready with rendered in favor of the officers of the institution had set and his tin box to receive the precious conTo Professor Holloway, d Court of common sprung merely to perfect themselves in tents and the appraisers to note the same. SIR,-It is not my wish to become id Defondant, for the the art of catching. notorious, neither is this letter written The attorney for the plaintiff and one hundred dollars, toHALF-PA 11.-Sheriff and deputica of the assignees get into n dispute, who for the mere Bake of writing, but to say, cent. interest thereon enter with a pick; crow-bar and coldthat your Ointment cured me of one of the whole arrangement is blown up.f April, A. D., 1854. the most dreadful culaneous diseases chisels. Bosworth, the big deputy, mans The safe is ordered to be locked, and the bar and makes a dash into the 18 urther notified that if that fiesh is their to, and which was conthe Sheriff told to "punch it to h-11!" inch brick wall which surrounds the iron er or demur to said sideled by all who know me, to be en Matters immediately assumed a burglarvault on the west side. Great crowdre the 30th day of ious aspect, and we left, as the time to tirely beyond the reach of medicine. For $54, the said Petition the Sheriff says, "Gentlemen, fall back. go to press had come. More to-morrow. nine years I was tfilicted with one of the This room is wanted." The crowd rethe next Term of We add the following from the account most painful and troublesome sore legs that ever fell to the lot of than: and after treat a few steps, but soon close up again. non pleas thereafter given by the Leader of yesterday mornThe brick and mortar begin to tumble endered accordingly ing, commencing about where the Plain trying every medicine I had ever heard Deater left off: and the dust begins to fly. Mr. Backus, & MACKENZIE, of, I resigned in despair all hope of being the owner of the building and the attorAtl'ys for Petitioner. At this period a flag of truce was held cured; but a friend brought me a couple 54. 709 ney for the bank, enters through the out by the assignees, a long parley en of large puts of your Ointment, which crowd, and as owner and agent for the sued, and at last it was agreed that the caused the sores on my legs to heal, and MMON PLEAS. assignees, forbids the trespass! No use. safe should be unlocked, and that the I entirely regained my health to my laintiff Punch, punch, goes the big bar, the receivers should take out and deposit on agreeable surprise and delight, and to Civil action bricks keep tumbling down, and the big a shelf first the specie, next the paper, the astonishment of my friends. endant Deputy begins to sweat. and lastly claims due the bank, till the (Signed) W. J. LANGLEY. obbard is here by noONE QUARTER TO 12 comes a writ was satisfied. This, of course, was AN EXTRAORDINARY CURE OF A named Samuel Pierall done under protest. big sledge. A monster man lifts it and BAD BREAST, WHEN NEARLY of October A. D. About $400 in gold, and $1,460 in swings it against the wall. It jara the AT THE POINT OF DEATH fice of the Clerk of paper, making but $1,660, was found. building like as birthquake. The dust Copy of a Letter from Mr. R. Durant, New on plens, of Putnam The remaining $7,000 was taken in becomes suffocating. The crowd cough. Orleans, November 9th, 1853. Oluo; his petition. oil er security, The Sheriff took posThe assignees snee The lonfers hout. To Professor Holloway, 38, Corner of e said defendent is session of the property at 11 o'clock, and At length the big sledge breaks through Ann and Nassau Streets, N. Y. ntift in the sum of the wall and bunts the vault! Three thus ended the drama last night: DEAR Sir,- is with heartfelt gratifty dollars, with inLaw suits will follow; angry feelings cheers proposed! but-"order! order!" tude I have to inform you that by the use the 6th day of Sep were developed; great excitement was from the Sberiff produced quiet. Bimof your Oirtment and Pills, the life of as evidenced by the caused; and a spark might have produced bum-went the big hammer against the my wife has been saved. For seven lid defendant given an explosion of herce passion, terrible in voult. It gave back a dismal hollow and years she had 8 bad breast, with ten runld Spring, Septemtheir results. The crowd of depositors sepulchral sound, like a tenantless tomb. ning wounds, (not of a cancerous nature) object and prayer of felt almost prepared to pitch in, every The vault is reached," said an excited I was told that nothing could save her? on the hearing, and man for himself; but all finally passed depositor in the crowd. "Is there any she was then induced to use your Ointof this action, judgeoff quietly. The destruction of the vault, thing in it?" asks another. "Nothing ment and Pills, when in the short space favor of said plain the breaking into the bank, and the means but dust," says a wag. ''Gold dust in of three months, they effected a perfect Common pleas, and of coersion to which Mr. Ackley resorted, quired depositor. "No, nothing but brick cure, to the astonishment of all who ani, for the sum of evidently gave satisfaction to the excited and mortar dust," replied heartless. knew us. We obtained your Médicines fty dollars, with incrowd. the 6th day of San O'CL comes a new creditor, from Messia. Wright & Co., of Chartres


Article from Fayetteville Observer, January 18, 1855

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# NICE SENSE OF DANGER.--A Cleve-land land (Ohio) paper, states that one day lately, while the Canal Bank of that place was hard pushed, the soap man, with the steeple hat, planted his stand in front of one of the State banks, and began to cry his wares as usual. A tall director came out of the bank, quietly called a policeman, and requested him to remove the soap man, as a crowd at that place might be mistaken for a run on their peculiar institution. It was done. # STREET FIGHT--THE WOMEN A HEAD. --An exchange says: A difference of opinion occurred between a lady and gentleman, on the street, the other day, in Jackson, Mississippi. Unamiable words ensued, when the gent drew a Colt's latest invention, and fired three or four times at the lady, missing her every time. Where- upon she seized a brickbat, let slip at her assailant's head, and laid him sprawling upon the sidewalk. The Boston Post states that some important changes in the government of the Methodist Episcopal Church are now being agitated. Among oth- ers, that the general conference shall be composed of an equal number of clerical and lay members; the annual conference to be reduced to a prac- ticable and convenient size, the pre- siding elders to hold semi-annual con- ferences; and the preachers to be re- appointed for four years successively to the same place, if desired. A coffee house in Cincinnati has a sign of an inverted boot as a deli- cate hint to its delinquent customers to "foot up." There were 28,422 deaths in New York city last year, 5,964 men, 5,281 women, 9,378 boys, 8,128 girls. The number of births was 7,869 males, females 7,257; total 15,125, of whom 178 were blacks. Number of marriages 4,723. # THE CREDIT SYSTEM. -A very large number of the merchants, manufacturers and tradesmen of Wilmington, Del, have determined to alter the customary credit sys- tem, and make settlements every six months. Once a year has here- tofore been the custom. # AN AMERICAN PAPER IN AUSTRALIA. It is in contemplation-so a late Melbourne paper states-to start, without much delay, a second daily paper in Geelong. It is to be styled "The Spirit of the Age." It is said to be got up by a company of Amer- icans and other colonists, and its pol- itics are to have a decidedly demo- cratic tendency.


Article from Minnesota Weekly Times, March 13, 1855

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Some mathematician has calculated that the war costs the Allies $300 a minute. # BROKEN AND SUSPENDED BANKS. PRESENT VALUE. Canal Bank, Cleveland, Ohio, 95 cents City Bank of Columbus Ohio, 95 cents Bank of Circleville Ohio, 65 cents Merchants' Bank, of Bridgeton, N. J. 80 cents Wheat Growers' Bank, Newtown, N. J. 80 cents Government Stock Bank, at Ann Arbour, Mich-igan, 40 cents Bank of Washtenaw, Michigan, 25 cents Erie & Kalamazoo R. R. Bank, Michigan, 25 cents Farmers & Mechanics' Bank of Kent County Maryland 65 cents Newport Safety Fund Bank, Kentucky, — cents Stark Bank, Vernont, 50 cents Cochituate Bank, Boston, Mass. 25 cents Eighth Avenue Bank, New York City, 93 cents Lewis County Bank, Martinsburgh, N. Y. 10 cents Union Bank, Chicago, Illinois, 75 cents City Bank, Chicago, Illinois, 75 cents Mechanics' and Farmers' Bank, Springfield, Illinois, 75 cents Farmers' Bank, Chicago, Illinois, 75 cents Ship Builders' Bank, Maine, — cents Trans-Alleghany Bank, Virginia, 90 cents Bank of Milford, Delaware, — cents Exchange Bank of Selden, Withers & Co. Washington, 50 cents