Article Text
Total, $6,161,255 5 238 930 This statement shows an excess of security over circulation of $922,325. Of the suspended Banks, the Auditor is now redeeming the bills of the Rushville Bank at par; the People's Bank at 94c. on the dollar; the Stock Security Bank at 88 1 4c., and the Bank of Rockford at par. The following Banks, viz: the "Southern Bank of Illinois," at Belleville; the Du Page County Bank; the "Exchange Bank of H. A. Tucker & Co." and the Merchants and Mechanics' Bank" of Chicago, have gone into voluntary liquidation, having security deposited with the Auditor, with which to redeem their bills at par The following banks are in liquidation, viz: Union Bank" of Chicago; the "City Bank" of Chicago; the "Mechanics' and Farmers' Bank" of Springfield; the "Farmers' Bank" of Chicago, have been wound up, and the time within which to redeem their bills has expired by limitation of law. Any outstanding bills upon them are now therefore, worthless.