19805. Tiverton Bank (Tiverton, RI)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 26, 1857
Location
Tiverton, Rhode Island (41.626, -71.213)

Metadata

Model
gpt-5-mini
Short Digest
60a56c6b

Response Measures

None

Description

Contemporary reports (Aug–Sep 1857) show the Tiverton Bank was enjoined by the Rhode Island Bank Commissioners (temporary injunction Aug 30, 1857) and the injunction made permanent with William H. Dart appointed receiver (early Sept. 1857). There is widespread reporting of its bills being thrown out, and allegations the cashier removed securities, but I find no explicit contemporaneous description of a depositor run or crowds. Therefore this is classified as a suspension leading to permanent closure/receivership (suspension_closure).

Events (5)
1. August 26, 1857 Other
Newspaper Excerpt
The Warren County Bank, Pa., the Exeter Bank, Mass., and the Tiverton Bank, R.I., have failed. - (contemporaneous press listing failures/suspensions as reported Aug. 26, 1857.)
Source
newspapers
2. August 28, 1857 Other
Newspaper Excerpt
BANKS DISCREDITED.-...the Tiverton Bank, ... their circulation is in the West. These banks redeemed with John Thompson, and his suspension has left their circulation temporarily without credit in New York ; ... (Aug 28, 1857).
Source
newspapers
3. August 30, 1857 Suspension
Cause
Government Action
Cause Details
Temporarily enjoined/taken into custody by Rhode Island Bank Commissioners; legal action requested by state banking authorities following panic and concerns about the bank's redemption of bills.
Newspaper Excerpt
PROVIDENCE, R. I., August 30.-The Tiverton Bank has been temporarily enjoined on the application of the bank commissioners.
Source
newspapers
4. September 1, 1857 Other
Newspaper Excerpt
From New-York report: 'The Cashier has ... taken the securities belonging to the Bank with him; ... the capital of the Bank is $100,000, and its circulation of equal amount.' (reports of cashier removing securities and assets held by broker)
Source
newspapers
5. September 1, 1857 Receivership
Newspaper Excerpt
The Supreme Court at Newport last Friday made the injunction against the Tiverton Bank permanent and appointed William H. Dart receiver.
Source
newspapers

Newspaper Articles (25)
1. May 1, 1857 Indiana American Brookville, Indianapolis, IN
Article from Indiana American, May 1, 1857

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Some three hundred of Uncle Sam's destined for Kansas, passed through city on Saturday. @ Fifty counties in Iowa have been card from, and reports say that the Demohave carried the State. Slight damage was done to Sloan's factory, in the vicinity of the Madidepot, by fire on Saturday morning to A whale was captured off Sandy ook, last Monday, and brought to New city. - Henry Adams, Esq., who was reently elected Mayor of Leavenworth, a is rother-in-law of Powers, the Sculptor. The cold weather of the first week of NO month used up the corn crop in East Texas. to Among the exports from New York uring the past week, were ten printing resses to Australia. A shawl was lately sold in Philadelfor $1,425. In the same city women shirts for six cents each. The Gennessee Suspension Bridge on the 20th April, from the immense eight of snow that had fallen upon it. The Warren County Bank, Pa., the xeter Bank, Mass., and the Tiverton Bank, I., have failed. ACT Quite a revival of religion is going among the colored folks at the Second aptist Church in this city. THE NATIONAL MAGAZINE for May resents a rich "bill of fare. If it has not extensive circulation, it is not for want of Carlton & Porter, New York. 10" The next annual Fair of the Madicounty Agricultural Society will be held Anderson on the 8th, 9th and 10th days of eptember. 15" Willard Carpenter has Igone to Euon business of his railroad from Indinapolis to Evansville. That road will be nished. There are 63 applications for divorce efore the Marion Circuit Court. Wonder all the applicants are engaged to marry ? The news from all parts of Indiana regard to the present prospects of a wheat is encouraging. It has stood the win much better than was feared. There was a terrible storm of wind and rain on the 18th inst, at Atlanta, eorgia. Several dwellings were blown own, and the Baptist Church unroo fed. Owing to the propable war between England and China, Fire Crackers, a Chi production, have advanced fifty per 100 We are glad to see so many of the itizens of Brookville planting trees in fron their dwellings, and adorning their prem with shrubbery. Dr. Warren, the Presbyterian pasto the Greensburg Church, preached a very sermon at Brookville. The Dr. was many years, a missionary to India. Six of the inmates of the Insane As have been returned to Franklin coun We hope their friends will remembe Governor and his bolting friends. - Mrs. H, B. Stowe, it is said, is pre aring for the press a work or. the poore lasses in Europe, a sort of Uncle Tom in society. The Texas Recorder says that Gen Houston arrived at his home in Hunts last week "in fine health and young nough to be President yet." 16TA man named Chubbick walked of he suspension bridge at Niagara, Saturda and, falling 150 feet, was crushed t toms. He was intoxicated.

2. May 9, 1857 Minnesota Weekly Times Saint Paul, MN
Article from Minnesota Weekly Times, May 9, 1857

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MONETARY QUOTATIONS. Prepared weekly by Bostwick, Pease s Co., Bankers, Third-st., St. Paul. ST. PAUL, May 7, 1857. During the last week business of all kinds has received a new impetus from the long expected arrival of the boats, bringing a large number of Eastern capitalists seeking investments, at the attractive" rates of interest which our busy, growing west presents to them. The rates for short paper still range from 3 to 5 7 cent. F month, while some long leans on first class real estate security have been made at 21/2 8 cent. Exchange is quite plenty. Currency is scarce, large amounts having been paid for freights. Gold is in great demand, and but little in the city. THE LATEST BANK FAILURES. Bank of Newcastle, Pa., falled March 21, 1857. Exeter Bank, N. H., suspended. Farmers' Bank. Wickford, R. I., suspended. Tiverton Bank, R. I., suspended. Bank of the Republic, R. I., suspended. Selling. Buying. 1 Act. pr. par. Exchange on New York 1/2 do do par. Chicago the Pound. do $5.10 to England & Ireland to IT ct. pr. Gold $1,20 $1,15 Land Warrants-40 1,05 80s 1,00 do 95 1,03 120s do 1,06 160s 1,00 do

3. August 26, 1857 The New York Herald New York, NY
Article from The New York Herald, August 26, 1857

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The steamship America. now due at Halifax with European news to the 15th inst., three days later than previous advices, had not made her appear. ance up to nine o'clock last evening. The financial panic in Wall street was increased yesterday by the announcement of the failure of De Launay, Iselin & Clarke John Thompson and E. S. Monroe, bankers and stock brokers, and the reported failure of a Hartford bank; the Rhode Island Central Bank of East Greenwich: the Tiverton Bank, of Rhode Island: the Farmers' Bank, of Wickford: the Warren Bank, of Pennsylvania; the Bank of Kanawha, Virginia, and the Hancock Bank, of Maine. The semi annual meeting of the American State Council was held at Gothic Hall, Brooklyn, yesterday, about one hundred and twenty delegates being present. The President, J. C. Dann. of Buffalo, delivered an address on the state of the Order, from which it would appear tnst the party in the State are in a living condition, notwith standing their overwhelming defeat last fall. He also advises the adjournment of the State Council sine die, after the manner of the National Council at Louisville ; and thinks it would be well for the Order in this State to throw open their doors and abolish all secrecy. The President prophesies the atter downfall of the republican party in the country at no distant day, and in proof of it cites the recent disastrous defeats experienced throughout the portions of country in which elections have recently been held; also their eagerness to hold fast to the ekirts of the candidates of other parties. The Council fixed the time for holding the State Nominating Convention at Syracuse on the 15th of September, and resolved that any change in the organization of the American party of this State it the present time was inexpedient. Several important amendments were made to the constitution also; one of which was to hold but one yearly ses sion of State Council hereafter, instead of two; and others regulating the order for the working of councils During the day several rather spicy debates occurred on the several questions before the Council, a sketch of which may be found in another column. The Council finally, at twenty minutes at ter SIXO clock, acjourned, to meet at Albany on the fourth Tuesday of August, 1858. The Board of Excise Commissioners met yesterday, and after receiving several applications for 11. cense. adjourned till Tuesday next. when they will continue their sessions for thirty-six consecutive days. It is understood that the Temperance Alliance will at the same time commence prosecutions against Liquor dealers, selecting those who are able to pay whatever penalty may be imposed. The Excise Board have nothing to do with these prosecutions, although the suits are brought in their name. The question as to the disposition of the books of the Street Commissioner's Department was to have been argued yesterday before Judge Peabody, of the Supreme Court, but after some conversation be tween counsel the case was postponed un September 1. The argument with regard to the Conover contempt was also postponed till the 1st of September. The Board of Ten Governors met yesterday, and indulged in a little genteel plug aglyism, all about the discharge of one of the deputy superintendents of the workhouse, named Reynolds, who, it is al leged, offered resolutions at a republican meeting condempatory of Simeon Draper's course when Po lice Commissioner. The matter was finally referred to a select committee, who will investigate the facts. There are now 6,526 persons in the public institutions-an increase of 116 since last week. The first Regiment New York Volunteers met last evening and had a stormy session. Provision was made for the reception of the Pennsylvania Volun teers on their coming visit by the appointment of a Committee of A rrangements. A series of resolutions were adopted, after a stormy debate, disapproving of the action of the committee of the Common Council in awarding the Jackson gold box to Garrett W. Dyckman, and recommending General Ward B. Burnett as most entitled to it. Major Dyckman made B epeech in his own behalf occasioning considerable excitement. At the meeting of the Health Commissioners yes. terday, Mr. O. A. Ferris made some interesting remarks, showing the unfitness and inconvenience of the quarantine regulations this year. The Central Park Commissioners yesterday pass ed a resolution offering four thousand five hundred dollars for four plans for laying out the Central Park. as follows:- For the best plan, $2,000: for the second best, $1,000; for the third best, $750: for the fourth beet, $500. The General Superintendent of Police yesterday issued orders for the stoppage of organ music after ten Velock and for the policemen to report the names of all junk dealers and pawnbrokers. It appears that the investigations as to the means of saving life on the various steamboats originated with Mayor Wood about two years since, and the blame for the neglect to remedy the evils rests with the District Attorney. A special committee of five was appointed in the Board of Councilmen on Monday, to report upon the expediency of establishing a ferry to run from Jackson street to Hudson avenue, Brooklyn. There was a large amount of business transacted n the Court of Special Bessions yesterday, but the cases were of the usual unimportant character. The despatch from Washington in Monday pa per should have read: "Mr. Meek, of Pennsylvania. declines the appointment of Superintendent of in dian Affairs in Utah. The sales of coston yesterday were confined to about 300 a 400 bales, the marketciosing Arm. Flour was in good supply, with A light demand and more pressure to sell and the market closed at a decline of about 15c. a 20c. per bbl, chiefly on the common and lower grades Wheat also namier with more doing in new Red Tennessee sold at $1 10 $1 42 a $1 45, and common white Southern at $1 65, and prime do at $1 70. Corn was in light sup ply, and, with a good Eastern demand, was Armer with sales of Western mized at 86c. a 85%c., and Southern yellow at 86,400 a 90c. Pork was in moderate req :est at $26 18 & $26 for meas, and 821 75 & $22 for prime. Su gara closed at about ye decline on the lower grades. The saies embraced about 700 a 800 abds. Cuba muscovados, nearly all reasing grades, with 50 bhis. Porto Rico at prices given is another column. Freights were inactive and eacharged Among the engagements were 1,000

4. August 26, 1857 The New York Herald New York, NY
Article from The New York Herald, August 26, 1857

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matters and public confidence. The great fall to day was the first effect- of large failures: but as those failures let loose vast quantities of railroad BLOOKS, which must be sold, no one 000 form any idea of the docline to market value that D nat follow. After the first beard lower prices ruled, and all sorts of rumors affest. A: the second board there was what might naturally have been expected, a elight resction. In some stocks a little improvement was realized. Erie advanced % per cent, Cleveland and Totedo, X: Reading 1; Crosse and Milwaukie, 1. Pennsylvania Coal Company fell ou 1 per cent and closed very dull. Loans made on refleced so. curities must have been rapidly closed up to day. The margins were wiped out at a dash, and no alternative left for holders hypothecation but to put them at once upon the market We do not see what can sustain them long where they now rest. The panic in the stock market to day was not the result of any partioniar and sudden cause, but the result of a long series of causes which have been operating directly to this end. Prices for callroad stocks have been artificially custaine by the very parties whose failure is announced to day These concerns have been buying and carrying tens of thou sands of shares of come of our worse railroad stocks, Then they found themselves urable to stand up under the burden any longer they threw It upon the masket, and let it go for any price the stocks would bring. The failures reported to day are as follows:-De Launay, Iselin & Clarke. Bantrors and BLOCK brokers Banker and money brokers. John Thompson E S. Munroe Stock speculator There were numbers in the street this ernoon of the failure of a very large private banking house, weil known for HS connection with Western railroad companies A bank in Hartford WAB also reported & having failed. Messrs. Do Launsy, Iselin & Clarke have been for some years engaged in stock operations and in the foreign OK change business. This is their second failure They ope rated as the Stock Exchange very extensively for outside peoplators, and were known to DATE loss is gett by the decline in Erie, Michigan Southern and New York Central Their are said to be very heavy. Mr. John Thompson has been in Wall street twenty or thirty years, and has contined himself generally to the banking and money business. He has figured prominently in some of our largest loans, and was one of the original proprietors of the Breckenridge Coal Company His entangiements are principally with banking institutions. His n will only, we learn, be temporary. We have no doubt R few months will net the finnacial machinery of Mr Thompson's extensive establishment in full and successful operation again. He does not appear to us to be a man who can de kept down by the most adverse circumstances. Mr. E. S. Munroe has been an operator in stocks in the street for some years, and was a member of the Board of Brokers. For some time past he of erated as a bull, and his losses must have been heavy. This is about the extent of to day a disasters among individual CORDERDS Webave no every day for some time to come will bring its full share. The finan cial revulsion we have predicted is fairly upon us, and no one can tell where :: will stop. Hundreda of failures must take place. and Immense lesses must be realized. The community at large are 100 deoply involved in all sorts of speculations to escape without the natural GOD. sequences. Ballroad enianglements must drag down thou sands, and most of the stock securities representing these works must become completely annibilated. The losses already can be rated by tens of millions, and what little nominal value there may be still left in reilroad shares must disappear, leaving holders with not much more than 80 much blank paper. We are just entertog upon the most difficult season in financial of fairs. Contraction and depletion must be the order of the day among our banking institutions, and the credit system throughout the country will be before the close completely prostrated. Among the bank failures reported the following, we believe, are given upon good authort. ty East Greenwich. Rhode Island Central Bank Tiverton, R.I. Tiverton Bank Winkford Farmers' Bank Pennay ivania. Warren Bank Bank of Kanshwa Virginia Maine. Hancock Bank A bank in Hartford. We look for trouble among the banks of Ohio and among those of New England. A great many of these are deeply involved with valiread companies and must have made se rious The affect of the railroad collapse in this country must be full as disastrous as a similar influence produced in Great Britata. A writer ou British railroads in 1882 said :- The investment of capital in these Euglish railroads caused the most disastrous revulsion ever expecienced in Great Britain. It ruined many hundreds of her richest merchants, and produced a long continued pros tration of every industrial interest. from which it required years of patient labor and economy to recover." If this was the effect of the reaction of the rail. road mania in England, what will be its effect in the United States? If is now too late to repine, and we must resign ourselves to the consequences. The position of the Ohio Life and Trust Company remains unaltered. The Sheriff is in possession of all the books, papers and other traps of the concern, waiting the course of law. A list of certain creditors who have commenced proceedings in our courts will be found under an appro printe heading, in another part of this day spaper. Some of our shrewdest stock brokers bad the sugacity to sell the stock of the Obio Life and Trust Company largely short commencing full two months since. It may be recollected that one of our coteraporaries made a mailguant attack on a leading house in William street for selling the stock of this company on long options. The motives and integrity of the sellers were venemently assalled, the soundness of the company and the value of the stock as a security lauded. and the prospective lesses on the operation were gloated over by this paid attpendiary of the bell interest It was alleged that this house was a persistent seller of several insecurities, which, willin they have met the most Mirenuous and reckless enpport from this unscrepalous OTEED of the bell interest, have proved to be the most worthless on the list. With a view of paim. leg them off on the public, theee parties were charged with 16 venting all sorts of calamnies, and "platting by night" agains: the good repute of the said securities, for the unmanly purpose of frightening outside hot form into selling them below their value. The Ues sell.ng did 89 imply because they believed the market price was far beyond the actual value, and while they are now reaping the rich harvest of their foresigns and sugncity they can well afford to be charitable to their revilers. We have lost no opportunity of warring the public of the danger of buy mg mere worthless things and or the means that were taken to to: ate and sustain them. and we wonder at the credulity of those who still believe in the value of millered securities All condence In the honesty and judgment of the organs of these bubble companies must have departed, and outsiders can henceforth place no considence in uncir statements Their laudations must, after what has 00 curred, appear disgusting, and those who have been induced to follow their advice will not be slow to Impute # to the real motive. The Assistant Treasurer reports to day as follows $200,900 IS Total receipts 898 678 02 Payments Balance 12,287 885 61 The Cunard steamer from Boston for Liverpool to mor

5. August 28, 1857 Worcester Daily Spy Worcester, MA
Article from Worcester Daily Spy, August 28, 1857

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BANKS DISCREDITED.-The New York papers state that the bills of the Rhode Island Central Bank, the Tiverton Bank, and the Farmers' Bank are thrown out. These banks redeemed with John Thompson, and his suspension has left their circulation temporarily without credit in New York ; but we do not suppose that they lose anything by him of sufficient amount to affect their ability. These banks have not redeemed at the Suffolk. They belong to a class of banks which we have steadily opposed, because they are made up of foreign capital, and are managed for the interests of foreign business; but we do not think that there is anything in the discredit of their bills in New York that should necessarily destroy confidence in them.-Providence Journal.

6. August 28, 1857 The Daily Gate City Keokuk, IA
Article from The Daily Gate City, August 28, 1857

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& Stock Fisher Co., Brokers, failed. The notes of the following banks are refused by bankers The Kanawha Bank, of Va., Farmers' Bank of Wyckford, R. 1., Tiverton Bank, R. I., Rhode Island Central Bank, Farmers' Bank of Seratoga Co., N. Y., Wooster Bank Conn., Warren Co. Bank, Pa., and the Hancook Bank, of Me. The reported failure of a bank in Hartford Coun.,is untrue. BOSTON, Aug. 26.-The Canada sailed today about noon with 49 passe gers for Livspecie. erpool and 12 for Halifax, and $450,000 in HARTFORD, Aug. public may rest assured that every Hartford Bank is feetly sound, all rumors to the contrary per- notthe withstanding. The stock of every one of Banks is above par to day. CLEVELAND, Aug. 26.-The National and Emancipation Covention met yesterday P.M. organized temporarily-Elliott, of In. dians, as Chairman, and Dennison of Beffalo, Secretary. After arranging for the appointment of Committees, adjournedtill this evening. Attendance is not largo. Failures, Assignments, &c. The following are the reported failures, assignments, &c., for the week: solveney. Ira Warren, Boston, Mass., gone into inN. H. Wolfe & Co., "Produce," New York city, suspended. Henry E. Thomas & Co., "Tobacco, " New York city, suspended, in consequence of decease of Mr. T.; with liabilities of about $400,000, but state they have a large surtime. lus, and will probably require only a little Grigge & Lathrop, Bankers and Stock Brokers, New York city, suspended. James T. Derrickson, "Paper," New York $100,000. city, suspended-liabilities said to be about Stine & Mendel, "Fancy Goods," N. Y. city, assigned. assigned. Albert Salters, "Clothing," New York city, signed. Francis Davis, Troy, N. Y., failed and assigned. S. P. & G. H. Ely, Rochester, N. Y., asE. C. & C. C. Terry, Hudson, N. Y., failed -offer 33 per cent. Dunson & Sprague, Johnstown, N. Y., reported last week, should have read Gloversville, N. Y., assigned, liabilities said to be over $50,000. signed. Harvey Pearce, Westport, New York, assigned. Ransom Deshon, Oakfield, New York, assuspended. John S. Graham, Mount Pleasant, Penn., John Taylor & Co., Cincinnati, Ohio, assigned; liabilities said to be about $40,000. and Frederick assigned. Bleyle, Charlestown, Ind., failed signed. Thompson Bissell, Valparaiso, Ind., asA. Childs, Altoona, III., failed. failed. Omar Tousey, Fort Des Moines, Iowa, G. G. Dennis, Princeton, Iowa, failed. H. Miller B. Paul, Janesville, Iowa, assigned. & Curtis, "Publishers, New York city, reported suspended last week, have in debtedness of about $100,000; assets nominally tion sufficient to pay in full. An injunedisposal has been served upon them to prevent on full or the property. Creditors expect a their payments, as they believe Mr. Shaw, special partner, is liable for all the debts-the copartnership not having been ag duly advertised.-[N. Y. Independent, August 20. y. Progress of Commistee. the Minnesota Joint on The Joint Committee to arrange upon ng agreeing to our Constitution is busily at is rection. work, and making progress in the right didd ment The knotty question of apportionone has been settled with the exception of he or two points which we presume will eventually be got through with as nearly unanimous as possible. The members all are appear to have faith in the great work they engaged upon, which feeling will remove nd before mountains of obstacles which at first arose hal of them. A little more patience on the topart some members who are not on the committee is advisable. led More About the Regulators. orn On Monday last seven men were arrested in on Massilon the township, by Sheriff Huber, charge of being concerned in the up. ion oution of Gleason and Soper, and exe is brought to Tipton. On Tuesday were they appeared before Judge Tutbill, and morning and admitted to bail in the sum of one thousand were vedollars the each, to appear at the next term of District Court. her nel Most of these men are old settlers in th county, and with the exception of this we have always been peaceable and law affair discitizens. The complaint was made by abiding a ich son living in their neighborhood, whose nam per we donot now remember. srkA large number of persons living in th 008. vicinity on of the Wapsipinicon were in tow nation Tuesday morning, to witness the the that would be made of the men arrested disposi ned. Rumors ed to were in circulation that they intend resoue the men from the hands of th Sheriff in case they were ordered to be im the prisoned.-[Tipton Advertiser, 22nd. ent, DEFALCATION IN THE Sr. NICHOLAS HOTEL sucNEW York.-An immense defalcation is certo have been discovered at the St. Nichola sai the of Hotel, New York, and the chief book keepe han that establishment is under arrest. great effort is being made to suppress elethat facts of the case. but it is confidently state th tter from $30,000 to $50,000 have been propriated well-known by the accused, who has long bee ap and highly esteemed by th guests of the Hotel. IMOrenPLUG UGLT."-The origin of this ppy which is now the rallying cry of a term day. rowdies who run with the Mount gang . tion Hook and Lader Company of Baltimore, Verno ven- this-or, at any rate, a writer in the N. 1 Herald says it is this : "Hard by the head-quarters of this as rize company there dwelt a vender of cigars tobacco, who was distinguished as as and ugliest man in his neighborhood. being $1 that tablishment derived the principal part His of usisupport from the Mont Vernon boys, inveriable his form of address, when a and th Give chewing tobacco was called for, plug Was us a plug, Ugly. OAD. the ENGLAND AT WAR WITH HALF THE ance The London Times says England is at WORL ent in conflict with the Eastern world. pres unforts Aden to Hongkong the British fine has Fro

7. August 29, 1857 Delaware Democrat Wilmington, DE
Article from Delaware Democrat, August 29, 1857

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and hail, accompanied by thunder and lightning, came on, causing a great deal of consternation to the nervous, and quite an excitement ameng all classes of our citizens. Some of the hail stones were as large as hen eggs, and many windows have suffered in consequence. Several accidents happened in the bay, during the progress of the squall, and it is feared lives have been lost. THE FAILURE OF THE OHIO LIFE INSURANCE AND TRUST COMPANY The failure of the Ohio Life Insurance and Trust Company on Monday, began to produce its effects yesterday in Wall street. There was quite a financial panic there, and was further increased by the announcement of the failure of De Launcy, Iselin & Clark, John Thompson and E. S. Monroe, bankers and stock brokers, and the reported failure of the Hartford bank; the Rhode Island Central Bank, of East Greenwich; the Tiverton Bank, of Rhode Island; the Farmers' Bank, of Wickford; the Warren Bank, of Pennsylvania; the Bank of Kanawha, Virginia, and the Hancock Bank, of Maine; and this afternoon there is a bulletin out, of four other banks having gone down. In fact Eastern bank bills will not be taken in New York to-day at all. That blessed baby! is still en exhibition at Barnum's Museum; its real mother has often to retire behind the scene, from an old Kentuckian, who is noted for his droll and very inquisitive questions to her. If Mrs. Cunningham could manufacture another now, while she is in the Tombs, and set it on exhibition too, the proceeds would assist not a little; now that her finances are exhausted and her exchequer in a tottering condition. No news of the telegraph fleet here yet. T. M. G.

8. August 31, 1857 Evening Star Washington, DC
Article from Evening Star, August 31, 1857

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THE MARKETS. LIVERPOOL-Cotton for three days closed buoyant at an advance on fair and middling qualities of 1-16d. Sales 28,000 bales. The Asia's advices caused the advance. Manchester advices were favorable. The weather had been favorable for the crops. Breadstuffs closed with an advancing tendency. Flour had advanced sixpence. Wheat was firm, and holders demanded an advance. Corn was very dull. Provisions werequiet. Bacon was inactive and was being reshipped to the United States. The money market was easy. Consols for money 91 1/a91 1/. LONDON.Sugar dull at a decline of 6d. to Is. Coffee was dull and qualities had slightly de. clined. Rice was firm at previous quotations. More Suspensions, &c. BUFFALO, August 29.-The Reciprocity, formerly the Sacketts Harbor Bank, closed its doors day. this morning, but will probably resume on Mon Messrs. Williams, Tanner & Co., forwarders, suspended payment yesterday afternoon. NEW York, Aug. 29.-Mr. Ludlow, cashier of the Ohio Trust Company, has been arrested on the suits of the Merchants' Bank of Wheeling and Farmers' Bank of Virginia. PROVIDENCE, R. I., August 30.-The Tiverton Bank has been temporarily enjoined on the application of the bank commissioners. The bank is owned out of the State, and its circulation is in the West.

9. September 1, 1857 The Daily Gate City Keokuk, IA
Article from The Daily Gate City, September 1, 1857

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The Shaky Banks. It seems, after all, that there is no reason to think that more than one or two, if any, of the Banks reported doubtful or broken, have really failed or suspended, excepting, of course, the old wildcat list which was incorporated with that telegraphed west. Of the Farmers' Bank of Wickford, and the Warwick Bank, hitherto in good repute, which were put upon the proscribed list, a dispatch to the Chicago Daily Press, dated New York, August 26th, says: "They are "not affected by Thompson's failure. Both "are perfectly sound. Their bills are re"deemed in Providence and at their counters promptly." The Tiverton Bank has been taken in custody by Bank Commissioners.

10. September 1, 1857 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, September 1, 1857

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CO Assay Office.. 79 $66.919 Anzuy up postood may "A 16 2,161,672,39By Fine Bars received during do Total $131,806 15 To Payments in Coin -90 1884 sing am up OF Balance 89 ALL 1,88Y pueq us upon "H 10004 **** KUBBY us pasq III up,) 4a By Fine Bars in Assay Office 09/17/20 Unparted Bullion in Assay Office. -96 By Bulliona the Mint for coinage. Total STATEMENT of Business at the United States Assay Office at New York, for the M with ending dug. 31, 1257: DEPOSITS OF GOLD 000'01 Foreign Coins 00 000 £ Foreign B Illion 00 000 288 $ --00 000'078 United States Bullion 'STATES 40 PRECISSES ONY 00 00 000 27$ and 00 000 01 Foreign Bullion U. States Bullic (contained in gold). 10,000.00 00 000 021 United States Bullion fold coins) $2454000 00 000's (sounding Ballon States peniod 00 000'068$ Total Deposits payable in bars. 00 000091'1$ **00 240.000 #11100 III symodop LL Gold Bare Stamped 24 exempte 101 S 1 01 We hear of D gold yet engaged for the Arabia on Wednesday. The Providence Journal eays that the Bank Commissioners of Rhode Island have applied to the Supreme Court, LOW in session at Newport, for a permanent injunction against the Tiverton Bank. On next Friday the institution will either be hung or acquitted. We are informed that the report published in The Newark Daily Advertiser, on the authority of a Chicago correspondent, that Mr. Wm. B. Ogden of Chicago had made an assignment, is incorrect. He has not done so, nor is it his intention so to do. He is at present in this city, and has been aiding the Chicago, St. Paul and Fond du- Lac Railroad Company to obtain an extension of their liabilities to a more propitious time. This has now been in a measure effected, and those connected withthe Company have no doubt that they will be enabled eventually to bring their enterprise to a satisfactory conclusion. The semi-annual interest due the 1st of September on the Covington and Lexington Railroad Sixes, guaranteed by the City of Covington, and on the 1st and 2d Mortgage Bonds of the same Company, 6 and 7 P cents, will be paid at the banking house of Messrs. Winslow, Lanier & Co., No. 52 Wall street. The interest due Sept. 1 on the internal improvement bends of the State of Florida will be paid at the Bank of the Republic. The interest coupens on the 8 P cent Florida Railroad freeland bonds will be paid at the office of Messrs. Riggs & Co., No. 56 Wall street. The coupons due to morrow on the bonds of the Terre Haute and Richmond Railroad will be paid at the office of the Farmers' Loan and Trust Company in this city. The Buffalo Daily Republic says: We announce with deep regret the temporary suspension of the Reciprocity, late Sackett's Harbor Bank. Owing to the stringency of the times and the failures elsewhere, the President has, under the advice of his friends, deemed it due to the banks, as 'shep may B Joj puedsns 01 concerned II" 04 su II AM We think we do not mislead the public when we say that no apprehension need be felt in regard to the redemption of its bills, or its ultimate resumption of its usual business. Its President, Mr. J. C. Dann, is a capable and honest banker, and we are sure that no one will be permitted to suffer. The Utica Herald of Saturday says: The case of H. A. Johnson & Co. of New-York against the Ontario Bank was brought up before Judge Bacon at Chambers, yesterday afternoon, on an application for a stay of proceedings till a motion to set aside the judgment could be decided at Special Term. The counsel indulged in some length of argument-R. Conkling, esq., for the plaintiffs; F. Kernan, esq., for the bank. No decision was made on the reg. ularity of the judgment or the merits of the case; but his Honor the Judge gave an order staying proceedings till an argument for opening or setting aside the judgment can be argued. This will be at the Special -deg Jo THE the no Horkiner, 10 med tember. Meantime, the money levied upon will remain in the hands of the Deputy-Sheriff, Mr. Klinck. We do not hear anything further about the dishonoring of Ontario bills in New-York. They were taken on deposit by all of our banks, and will doubtless be promptly redeemed. hile the affidavit of the President has staggered our faith in the previous management of the institution, our inquiries convince us that the creditors of the bank will be protected, serious as the less to the stockholders has proved to be. Speaking of the discredited Banks in Rhode Island, The Providence Journal of yesterday says: A correspondent in Wickford informs us that the Farmers' Bank has met all demands upon it up to the 28th. and that the managers express confidence in their ability to carry it through the paric. From what we hear of its condition, however, we judge that it will not be permitted to go on. From Fall River we learn that the Tiverton Bank presents a most discouraging look. The Cashier has has 44 that pesoddns s! 1! pus New 01 enor taken the securities belonging to the Bank with him; pedoq 81 II em up puner you Mere they Issue 18 that his purpose is to raise money on them for the redemption of the bills: but he does not appear to have given notice of his intentions. Our correspondent writes that the capital of the Bank is $100,000, and its circulation of equal amount. The report in May showed a capital and a circulation of half this amount. The circulation is mostly in the West. The notes are

11. September 2, 1857 Worcester Daily Spy Worcester, MA
Article from Worcester Daily Spy, September 2, 1857

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Monetary Affairs. NEW YORK, Sept. 1.-There is another panic in stocks; prices are down and very dull. Wall street was nev r more excited. The Mechanics Banking Association has stopped, and other Banks are trembling. Three or four failures are reported among bankers. hat manufacturers, and flour dealers. Money is in active request at advancing rates. The Bank Commissioners of Rhode Island have applied to the Supreme Court now in session at Newport, for a permanent injunction against the Tiverton Bank. On next Friday the institution will be hunz or acquitted. The report that Mr. Wm. B. Ogden of Chicago, hai made an assignment, is incorrect. He has not done so. nor is it. his intention so to do. He is at present in New York, and has been aiding the Chicago, St. Paul. and Fond du Lac Railroad Company to obtain an extension of the r liabilities to a more propitions time This has now been in a measure effected.

12. September 2, 1857 The Ashland Union Ashland, OH
Article from The Ashland Union, September 2, 1857

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THE ORASH AMONG BANKS AND BANKERS. Since our last issue, JOHN THOMPSON, a noted Wall Street Broker, and Editor of Thompson's Reporter, has failed. ATWOOD & Co., one of the largest moneyed concerns in New York, have failed with several millions of Western acceptances in their hands. The Reciprocity Bank, Buffalo, suspended on Saturday. The Banking House of Franklin & Sons, Newark, Ohio; The Hollister Bank, Buffalo; and The Warren Bank, Pa., stopped on Monday. Also, on yesterday, departed this life The Clinton Bank, Buffalo, N. Y.; and the Sackets Harbor Bank, N. Y. Also, have recently gone up" the following: Rhode Island Central Bank, R. I. Tiverton Bank, Fall River, R. I. Farmers' Bank, Wickford, R. I. Bank of Kanawha, Maldon, Va. Warren Co. Bank, Warren, Pa. The entire system is rotten, and we know not what a day or an hour may bring forth. The National Sub-Treasury and the California mine products have postponed the evil day; but the paper money system must perform its allotted cycle. Twenty years ago, a financial storm swept over the country, which brought bankruptcy to the Federal Treasury, notwithstanding it had thirty odd millions of paper money at its commanddrove States to repudiation, and made the passage of a Bankrupt law for the benefit of debtors, a matter of necessity. That storm gave birth to the National Sub-Treasury. If the present calamities will evolve a Sub-Treasury for Ohio, by which a complete divorce from Banks, Bankers and Fund-mongers can be obtained, the people of our State will eventually be compensated for their recent losses; and when the next Rag Money crisis comes, her Treasury will be as unaffected by it as that of the Federal Government is by the existing panic.

13. September 2, 1857 True American Steubenville, OH
Article from True American, September 2, 1857

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Dyes Wall Street Broker. Office Dye's wall Street Broker, New York, Aug., 26, 1857. We hasten to announce that the Ohio Life and Trust Company, of Cincinnati has failed; the amount of its liabilities not exactly known, but supposed to amount to at least $7,000.000.-Extended loans on Railroad Bonds is the immediate cause of its failure. This institution has long been looked upon as a bulwark of financial strength, and has always been managed by men of great respectability. But they have been dealing largely in stocks of late, and the great decline in their value has caused the shipwreck. STILL ANOTHER. Hardly had the news of the above failure ceased vibrating on the telegraph wires, than they were immediately employed in announcing the failure of Mr. JOHN THOMPSON, Banker and Publisher of Thompson's Reporter, 2 Wall Street. Mr. Thompson's liability will not exceed $250,000, he having paid up as long as he could command funds. But the Trust Company's failure completely shook all confidence, and Mr. Thompson was unable to negotiate. He had been too kind to his friends, and in the great whirlwind was left to weather the storm alone, as each man has enough to do these days in S Wall Street to take care of himself. We are sorry to see such great financial men e make shipwreck. But no one can carry the great railroad interest of the country 1 when there has been such a heavy decline. BANK FAILURES. Rhode Island Central Bank. East a Greenwich. f Tiverton Bank, Tiverton, R. I. Farmers Bank, Wickford. The connection of the Ohio Life and Trust Co., was very close with the Bank of Kanhawa, Va., and we would advise = the refusal of its paper until the next issue of the Broker. 0 DeLaunay, Iselin and Clark, 63 Wall e St. have also suspended. JOHN S. DYE.

14. September 3, 1857 Kenosha Tribune & Telegraph Kenosha, WI
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The past week has been an exciting one in the money market. Failures of Banks and bankers, have followed each other in quick sucseccion. The following is a list of Banks which have failed or suspended during the past ten days: Farmers Bank, Arcade Bank, Tiverton Bank, and R. I. Central Bank, Rhode Island. Woos. ter Bank and Bank of North America, Connecticut. Farmers Bank of Saratoga County, On. tario Bank, Fort Plain Bank, Hollister Bank Reciprocity Bank, and Sackets Harbor Bank New York. Mechanics Banking Ass'n. N. Y City. Warrrn Co. Bank, Farmers & Drovers Bank, Honesdale Bank, and Bank of Middletown, Pennsylvania. Kanawha Bank, Vir ginia. Several of the principal Bankers in N. Y. have also suspended: among others we may mention. The Ohio Life Ins. & Trust Co., John Thompson, Atwood & Co., and Beebe & Co.

15. September 5, 1857 Muscatine Weekly Journal Muscatine, IA
Article from Muscatine Weekly Journal, September 5, 1857

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THE NEWS. - The cause of the breaking of the At lantic telegraph cable is us stated in a dispatch from Prymouth to the London Tim. t of the 15th The U. S. steamships Niagara and Susquehana, and Her Majesty's screw steamship Agameninon entered the sound this P. M., on their return from their unsuccessful attempt to lay the Telegraph cable. On board the Niagara they report that at the time of the severance the wind was was some sea veswas to sel southerly. going There from three four and knots, the the out to someseven as slack was at cable times thus expended paying knots from ; the five quantity than six expected and of at more the starting, strain was and therefore greater than increased could be to afforded, three The on a and Monday extra thousand expenditure evening, pounds when and of the slack strong cable commenced broke. breeze heavy's swell prevailed, and a powerful current was experienced. This current forced the cable from the ship at a considerable angle, when the break was applied with increased power. The stern of the Niagara was down in the trough of a sea and the extra strain created by her rising was the immediate cause of the cable's parting. The general opinion is that the season is too far advanced for another effort now. The Niagara is considered too heavy for the purpose. It is stated that the wheels ceased to revolve when the pressure was applied, on Tuesday morning. - It seems that the government troops are to be retained in Kansas to overawe the free State voters until after the October election. of the 28th says uses as a Gov. A Washington Walker dispatch the Army posse cannot arrests the he comitatus, make when for the breaches civil authorities of peace. 1500 troops in the Territory will remain there until after the election. - The National Emancipation Convention at Cleveland adjourned on the 28th.Prof. R. Silliman was elected President of the National Compensation Emancipation Society, Elihu Burritt Corresponding Secretary, and Robt. Lindley Murray, Treasurer. - The Tiverton Bank of Rhode Island has been enjoined by the Bank Commissioners. Its circulation is principally in the West. - On Monday the 17th inst., the trial of of Gov. Charles Robinson for usurpation of office, commenced at 1.ecompton, K. T., before Judge Cato. The trial continued three days and the jurv after a cession twelve hours was acquittal long acquitted made in the the instructed very defendant. face of Judge The Cato's charge, he having the jury that if it was proven that Gov. Robinson at any time assumed the functions of Governor of Kansas, he should be found guilty.It was admitted during the whole course of thetrial that he had assumed those functions, notwithstanding this he was cleared. The jury stood, at first, ten for conviction and two for acquittal. -The telegraph reports the failure of Messrs. Benedict & Co., and Fisher & Co., stock-brokers of New York-the latter, we presume, a mistake for Fisher, Denny & Co. Liabilities notstated. The failure of Messra. Atwood & Co., and Jacob Little, of the same city, is also reported. -The National Emancipation Convention assembled at Cleveland OD the 25th. Delegates were present from nearly all the free States, and also from Missouri and Kansas. Rev. Mark Hopkinson, of Mass., presided. Plans of emancipation and compensation were introduced the The two are of leading by ideas business appropriation committee. the custom revenues public necessary lands and of beyond the expenses government, for the purpose of compensation. Other ideas were introduced, and will be debated by the body. -The Atlantic telegraph is, it seems, a failure. By the arrival of the steamship America at Ilalifax on the 26th, with Liverpool dates to the 15th, we have information from the expedition that on the morning of the 11th instant when 335 miles west frout the Irish coast the cable broke. The vessels were returning to England with the remainder of the cable, still over 2,000 miles in length, and perhaps sufficient to unite the two continents. The Directors were sanguine of ultimate success. A conference was to be held at London on the 15th inst., for the purpose of determining whether to go on again immediately with the balance of the cable, or wait until another summer. -In addition to the list of banks recently as in our we the Providence, I.; R. following: failed, published R. last, Wichford, have I.; Island Co. Pa.; Hancock Bank, Rhode Central Bank, Bank; Me.; Warren Kanawha Warwick Bank, Va.; Wooster Bank, Conn.; County Bank, Conn. IOWA NEWS. BURLINGTON AND MISSOURI RIVER RAILroad is now to Rome, side of the The ROAD.-This on the west Skunk running miles. River. distance from Burlington is 36

16. September 5, 1857 Grant County Herald Lancaster, WI
Article from Grant County Herald, September 5, 1857

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From Dye's Wall Street Broker. Failures. New York, August 26, 1857. We hasten to announce that the Ohio Life & Trust Company, of Cincinnati has failed; the amount of its liabilities not exactly known, but supposed to amount to at least $7,000,000. Extended loans 01 Railroad Bonds is the immediate cause of its failure. This institution has long been looked upon as a bulwark of financial strength, and has always been managed by men of great respectability. But they have been dealing largely in stocks of late, and the great decline in their value has caused the shipwreck. ST'LL ANOTHER.-Hardly had the news of the above failure ceased vibrating ON the telegraph wires, than they were immediately employed in announcing the failure of Mr. John Thompson, Banker and Publisher of Thompson's Reporter, 2 Wall Street. Mr. Thompson's liability will not exceed $250,000, he having paid up as long as he could command funds. But the Trust Company's failure completely shook all confidence, and Mr. Thompson was unable to negotiate. BANK FAILURES.-Rhode Island Central Bank, East Greenwich; Tiverton Bank, Tiverton, R. I.; Farmers Bank, Wickford. The connection of the Ohio Life & Trust Co. was very close with the Bank of Kanhawa, Va. and we would advise the refusal of its paper until the next issue of the Broker. DeLaunay, Iselin & Clark, 63 Wall St. have also suspended. MATTERS IN NEW York.-The telegraph, Saturday, reporte I more failures in New York, and private despatches added to the list names not found in the public accounts. Stocks continue to tumble, and it would seem that some of them cannot well get much lower. Confidence in nearly all Railroad securities is gone for the time being, and it will require the best of management, on the part of Railway Di rectors, to regain even a portion of what they have lost. Since the crash had to come, it has come in good time: just as the immense crops of the country are about to be marketed. They will help materially to adjust balances and settle things. Had the break up occurred at the close of navigation, the evil effects would have been much greater and more wide spread.[Milwaukee Sentinel, 31st ult. MONEY MATTERS EAST.-The Hollister Bank, Buffalo, suspended yesterday, causing much excitement and a heavy run on the other Butfalo banks. In New York, the money market is still very stringent, and the panic in stock continues. Michigan Southern fell yesterday to 10 &; La Crosse and Milwaukee to 15½, and Milwankee to 36. State Stocks begin to share the depression and show a marked decline. It is confidently believed, how. ever, that matters will mend in a few days and business resume its customary course. -[Milwankee Sentinel, Sept. 1st.

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

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The failures in the corn trade to-day produced 8 feeling of panic which, in connection with large receipts, produced a decline of 10 to 20c. in Flour, and 5 to 8: Y bush. in wheat. Corn also declined, but afterward recovered. In Cotton, Pork, Sugar, &e., there is nothing of importance doing. In Uneverent Money the rates continue high. State is bought by the brokers at 1@1 P cent, Eastern at @1 P cent, Ohio at 2 P cent, Illinois, &c, at 10 P cent. The searcity of Exchange at the West causes the high rates in that description of money. A demand was to be made to-day upon the Mechanics' Banking Association for the redemption of its notes which have been received by the City banks. If not paid, they would be protested, and the stocks in the Bank Department sold for their redemption. The owner of the Chemung County Bank, the notes of which have been recently thrown out here, is preparing to wind it up. Its Securities in the Banking Department are: $8,279 Mortgages 50,000 New.Yerk 6 $ cent Stocks $58,279 Total Its circulation on the 6th of June last, was $58,167. The Agricultural Bank, located at Brownsville, Tennessee, bas failed. The Supreme Court at Newport last Friday made the injunction against the Tiverton Bank permanent and appointed William H. Dart receiver. The president of the bank had returned from New-York with & part of the assets, which had been carried a way by the cashier, it was said, to raise money upon. These as. sets were found in the hands of a broker, who held them as collateral. He surrendered about $80,000. The cash assets and liabilities of the New Orleans banks on the 29th inst. were as follows: Special Cicerlation Deposits

18. September 10, 1857 Holmes County Republican Millersburg, OH
Article from Holmes County Republican, September 10, 1857

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Banks in bad Repute. The paper of the following Banks has been thrown out of the Eastern Banks, and they are reported "broke." It is altogether probable, though, that as soon as the present panic has subsided a little, that most or all of them will resume business again: Bank of Hallowell, Hallowell, Maine. Exter Bank, Exter, N. H. South Royalton Bank, South Royalton, Vt. Rhode Island Central Bank, E. Greenwich, R. I. Farmers' Bank, Wickford, R.I. Mount Vernon Bank, Providence, R. I. Tiverton Bank, Tiverton, R.I. Wooster Bank, Danbury, Ct. Commercial Bank, Perth Amboy, N.J. Bergen, County, N.J. Sacketts Harbor (or Reciprocity.) Buffalo Hollister Bank, Buffalo. Chemung County Bank, Horseheads.

19. September 10, 1857 The Potter Journal Coudersport, PA
Article from The Potter Journal, September 10, 1857

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T-Last week there was considerable of & money panie in New York, occasionod by the Ohio Life Insurance and Trust Company, and of John Thompson, a celebrated broker, and publisher of Thompson's Bank Note Reporter. A large number of banks are also implicated in the failure, among them the following; the notes of which have been "thrown out" by the brokers: The Kanahwa Bank Va; Farmes' Bank of Wiekford, R. I.; Rhode Island Central Bank, Farmers' Bank of Saratoga Co., N. y,; Worcester Bank of Conn.; Hancock Bank, Me., and Tiverton Bank, R. I. The money market generally has been considerably disturbed by the large failures in New York. The excitement is now, however, pretty much over.

20. September 16, 1857 The Star of the North Bloomsburg, PA
Article from The Star of the North, September 16, 1857

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Broken Banks. The following is a list of banks that are said to have either failed or suspended, which the public would do well to refuse until something more definite is known about them: Rhode Island Central Bank, East Greenwich. Tiverton Bank, Tiverton, R. I. Farmers' Bank, Nickford, " Warren Co. Bank, Warren, Pa. Kanawba Bank, Virginia. Hancock Bank, Maine. Waverly Bank, Waverly, N. Y. Winstead Bank, Winstead, Ct. Farmers' Bank, Saratoga, N. Y. Henesdale Bank, Pa. Mercantile Bank, Ct. Perth Amboy Bank, N.J. Woosters Bank, Ct. Chemung Co. Bank, Horseheads, N. Y. Hollister Bank, Buffaloe, N.Y. Owego Bank, N. Y. Buffaloe City Bank, N. Y. Reciprocity Bank, " White, Oliver, Lee & Co.'s Bank, Buffaloe N. Y. Farmers' Bank of Providence, R. i.

21. September 16, 1857 The Star of the North Bloomsburg, PA
Article from The Star of the North, September 16, 1857

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Broken Banks. The following is a list of banks that are said to have either failed or suspended, which the public would do well to refuse until something more definite is known about them: Rhode Island Central Bank, East Greenwich. Tiverton Bank, Tiverton, R.I. Farmers' Bank, Nickford, " Warren Co. Bank, Warren, Pa. Kanawba Bank, Virginia. Hancock Bank, Maine. Waverly Bank, Waverly, N.Y. Winstead Bank, Winstead, Ct. Farmers' Bank, Saratoga, N. Y. Honesdale Bank, Pa. Mercantile Bank, Ct. Perth Amboy Bank, N. J. Woosters Bank, Ct. Chemung Co. Bank, Horseheade, N. Y., Hollister Bank, Buffaloe, N. Y. Owego Bank, N. Y. Buffaloe City Bank, N. Y. C Reciprocity Bank, White, Oliver, Lee & Co.'s Bank, Buffaloe N.Y. Farmers' Bank of Providence, R. I.

22. September 24, 1857 Holmes County Republican Millersburg, OH
Article from Holmes County Republican, September 24, 1857

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Suspended Banks. Thompson's Bank Note Reporter, of Saturday, says: The Reciprocity Bank, alias the Sackett's Harbor Bank, Buffalo, gives no evidence of resuscitation, and the better opinion seems to point to going into liqiudation. There is no market price for the notes. The Hollister Bank, it is believed by those conversent with its situation, will ultimately resume. The security of the bills is ample, if it should not. The Oliver Lee & Co. Bank, Buffalo, N. Y., is in the hands of wealthy men, and there was a disposition to go on, but some of its paper having gone to protest, there is a fear it will go into liquidation. The notes will be paid in full. The Bergen County Bank, New Jersey, it is said will be closed up with small loss to the bill holders. The Danby Bank, Danby, Vt., is in bad credit; its notes not saleable at any price, The notes of the Niagara River Bank, New York, are not purchased at present. Interested parties say the Bank will resume. A correspondent says that the Farmers' Bank of Wickford, R. I., has thus far met all its liabilities at home. The Tiverton Bank has been enjoined, and will have to go into liquidation. The Warwick bank, which was sold to parties out of the State, has been transferred again to Rhode Island men, and we presume that it will be conducted as heretofore upon sound principles. The Rhode Island Central Bank, it is confidently expected, will resume. The owners are said to be rich. If so, they ought not to have permitted even a temporary suspension. Bank of Kanawha, Va., was, owned by the Ohio Life Insurance aud Trust Co. A dead failure. The Farmer's Bank of Saratoga has gone into liquidation. The bills will be paid in full. ACT SEPT. 9.- The Ontario County Bank, N.Y., has been thrown out in this city. KT SEPT. 10.-The Bank of New Jersey, N. Brunswick, N. J., thrown out by our city Banks. Also, the Bank of Orleans, Albion, New York.

23. September 26, 1857 Columbia Democrat and Bloomsburg General Advertiser Bloomsburg, PA
Article from Columbia Democrat and Bloomsburg General Advertiser, September 26, 1857

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W. A. J. BRITTAIN, Sec'y. Suspended and Broken Banks. For the information of our readers, and in order to guard them against receiving worthless money, we publish the following list of recently suspended and broken Banks, which has been carefully compiled and compared with the list of the brokers in the city. It is gratifying to note that thus far in the present financial crisis, not a single Pennsylvania Bank is included in the list It is to be hoped they will be able to ride out the storm. Mechanics' Banking Association, N. Y. Farmers' Bank of Saratoga county, N. Y. Sacketts Harbor Baok, Buffalo, Reciprocity Bank, Buffalo. Chemung County Bank, Horseheads, N. Y. Ontario Bank, Vica, N. Y. Ontario County Bank, Phelps, N. Y. Oliver Lee & Co.'s Bank, Buffalo, N. V. Hollister Bank, Buffalo. Niagara River Bank, Towanda, N. Y. Bank of Orleans, Albion, N. Y. Huguenot Bank, New Paltz, N. Y. New-York County Bank, N. Y. Farmers' Bank, Wickford, B. I. Mount Vernon Bank, Providence, R. I. Rhode Island Central Bank, East Greenwich, R. I. Bank of South County, Wakefield, R. I. Warwick Bank, Warwick, R. I. Tiverton Bank, Tiverton, R. I. Bank of Hallowell, Maine. Hancock Bank, Ellsworth, Maine. Danby Bank, Danby, Vt. Bergen County Bank, Hackensack, N. J. Bank of New Jersey, New Brunswick, N. J. Merchants Exchange Bank, Bridgeton, Ct. Wooster Bank, Wooster, Ct. Sanford Bank, Sanford, Maine. Monson River Bank, Monson, Mass. Kanawha Bank, Virginia. Miama Valley Bank, Dayton, Ohio. S Bank of West Tennessee, Memphis, Tenn. a Agricultural Bank, Brownsville, Tenn, d Bank of Commerce, Georgetown, D.C. Colchester Bank, Connecticut.

24. October 1, 1857 Quasqueton Guardian Quasqueton, IA
Article from Quasqueton Guardian, October 1, 1857

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Broken and Suspended Banks. A friend sends us the following complete and reliable list of Bank suspensions and failures of recent date, which will undoubtedly be of service to many of our readers: Hancock Bank, Maine. Bank of Hallowell, Maine. Exchange Bank, Maine. Exeter Bank, N. H. South Royalton Bank, Vermont. Danby Bank, Vermont. Wooster Bank, Connecticut. Merchants Exchange Bank, Bridgeport, Ct. Mercantile Bank, Hartford, Conn. Bank of North America, Seymour, Ct. Colchester Bank, Conn. Farmers' Bank, Wickford, R. I. Tiverton Bank, R. I. Arcade Bank, Providence, R. I. Warwick Bank, Warwick, R. I. Mt. Vernon Bank, Providence, R. I. Rhode Island Central Bank, R. I. " Bank of the South County, " Bank of Kent, Farmers' Bank of Saratoga, N. Y. " Ontario Bank, Utiea, " Fort Plain Bank, Ft. Plain, " Hollister Bank, Buffalo, " Reciprocity Bank, Buffalo, " Sacketts Harbor Bank, " Oliver Lee & Co's Bank, " Chemung County Bank, " Niagara River Bank, " Ontario County Bank, " Chemung Canal Bank, " Buffalo Bank, " Tonawanda Bank, " Phelps' Bank, " New Palt Bank, " Western Bank, Lockport, " Yates County Bank, .. Niagara County Bank, " International Bank, Buffalo, " New York Security Bank, " Unadilla Bank, " State Bank, Sacketts Harbor, " Huguenot Bank, " Bank of Albion, " " Corning, " " Lima, " " Orleans, Albion, Island City Bank, New York city. Mechanics' Banking Association, New York city. American Bank, Trenton, New Jersey. " Bergen County Bank, " Cataract City Bank, Paterson, " Iron Bank, Rockaway, " Haversack Bank, " Commercial Bank, " Bank of New Jersey, Trenton, " " " New Brunswick, Warren County Bank, Pennsylvania. " Farmers' and Drovers' Bank " Honesdale Bank, " Erie City Bank, Erie, " Bank of Middletown, Seneca County Bank, Tiffin, Ohio. " Sandusky City Bank, " Miami Valley Bank, " City Bank of Cincinnati, Bank of Kanawha, Virginia. Trans-Alleghany Bank, " Zimmerman Bank, Canada. Agricultural Bank, Tennessee. " Ocoe Bank, " Shelbyville Bank, Bank of West Tennessee, " " Bank of America, " Bank of East Tennessee, Peninsular Bank, Detroit, Mich. " Bank of Tecumseh, Rock River Bank, Wis. Farmers' Bank of Hudson, Wis. Bank of Elgin, Illinois. Bank of Naperville, Ill. Cumberland Savings Bank, Maryland. " Cecil Bank, " Hagerstown Bank, Farmers and Mechanics, Kent co, Md. Farmers and Marchants Greenshe

25. February 19, 1859 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, February 19, 1859

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These figures are certainly encouraging, when the continued falling off of the past year is remembered, and appear to be the faint first indications of a return of railroad prosperity. M. Felix Belly announces in the Paris journals that his organization of the Nicaragua Canal Company is completed, that the money necessary is secured, that & vessel has been freighted to carry out the engineering material, and that this vessel, with himself, a part of the engineers and clerks-60 persons in all-will sail from Havre for Greytown in three weeks. The private letters by the America are less warlike than the printed accounts, but the writers appear to be in considerable doubt 88 to the result. The Paris correspondent of The Commercial says: I have no reason to regret to-day the assurances I have constantly given you in favor of peace. The probabilities in this direction increase in force every day. As proof of the celerity with which broken Rhode Island Banks areclosed up, Thompson's Reporter gives the following ets: Bank of the Republic, failed Oct., 1856. The Receiver has paid 8 dividend of 50 ₽ cent. Rhode Island Central Bank, failed Aug., 1857. The Receiver has made no progress-not even a report of the assets or liabilities. Tiverton Bank, failed Aug., 1857. Nothing done. Farmers' Bank, Wickford, failed Aug., 1857. Nothing done. Bank of South County, failed Sept., 1857. The Receiver has issued three hitalutin circulars, and made one report of the same character to the Court. In bis last be says I see no chance for & dividend immediately or very soon." Hopkinton Bank failed September, 1857. The Receiver is confident that as soon 88 a certain man in Illinois, who is the largest stockholder in the bank, can borrow $25,000, the bank can resume, and he deems it canwise to endanger the stockholders by any precipitate action for the benefit of the bill holders. The Warwick Bank failed January, 1859. A real F. F. Q. called on us only a short time before this concern failed, and assured us it was good, because the stockholders were individually liable, and they were all friends of his. The Receivers of the Rhode Island Banks are the special friends of the stockholders, and the laws of Rhode Island abrogate all legal proceedings against a bank the instant the Receiver is appointed, and a stockholder cannot be called upon until the assets are entirely exhausted. Hence a broken bank is never entirely wound up. The machinery in use at the tunnel at Bergen Hill is to be sold under foreclosure on the 21st inst. After the sale, Mr. Cumming, the new contractor, will proceed with the work, which is to be completed in ten months. Mr. Satterthwaites circular, by the America says: Our Stock market has been unsettled during the past week, consequent upon the distrust felt as to the course of European politics, the effect has been to cause intending purchasers to suspend operations, and to induce speculators to close accounts open as much as possible; hence we have an increased supply of money offering on Loans. Money cannot be lent on Consols, even at 1 P cent, and 2@4 P cent is freely accepted by lenders on Railroad Securities. In the discount market the rate is 21@1 P cent. Consols close 961801 for money and account. We have had a steady market during the past week for American Securities; no large amount of Bonds or Shares are pressing, and we note an increasing disposition to take the best class of railway bonds for investment; 201 has been freely paid for Pennsylvania 1st Mortgage; New-York Central 7 P cent have brought 94), and the 6 P cent 85f. The Michigan Central Company having put itself into a financially sound position, confidence in its bonds is becoming more manafest, and we note purchases at $6, with but few bonds offering. Illinois Shares remain without alteration, at 34 dis., notwithstanding the advance to 28 dis., reported from New.York. Free Land Bonds are in demand at 84, butsellers are asking higher rates. From the annual report of the Delaware, Lackawanna and Western Road, made to the stockholders on the 25th of January last, we gather the following acts: TRANSPORTATION DEPARTMENT. The gross income from this department was as follows: