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FAILURE OF Two MORE OF THE IsDIANA STOCK Banks.-The The Huntington and the Bank of North America, at Clinton, have suspended, and are bought by the brokers at fifty to seventy five cents on a dollar.
The Chicago Press of Wednesday notices the suspension of the Brookville Bank, Huntington County Bank, and Bank of America, Indiana. The owners of the banks refusing to comply with the requirements of the late amendment to the free banking law of that State, the institutions will be wound up by the Auditor. Their bills, says the Press, may be expected to yield at least 75 cents on the dollar. The same paper states that there is no change, in the rates at which brokers in Chicago purchase the bills of the discredited banks of Illinois. People's Bank and Rushville Bank are at from 8 to 10 per cent discount, and Stock Security at from 3 to 5 per cent. The Toronto Leader publishes an announcement that the leading banks of the Province have agreed to continue the redemption of the notes of the Zimmerman Bank, at their offices, as usual. Ones on the Bank of Quebec, altered to tens, are in circulation at Toronto. They may be detected at once by the denominations, being an X in each corner, instead of a figure; the X's having been put where the figures I were. The last weekly statement of the New York city banks, (March 21,) compared with that of the previous week, shows an increase in loans of $197,702, in specie of $213,541, and in circulation of $41,687; and a decrease in undrawn deposits of $738,576. The Indianapolis Journal of the 20th says: "The securities of the Bank of North Aemerica, at Clinton, will be sold in a few days by the Auditor of the States. The proceeds will pay about fifty cents on the dollar, of the outstanding circulation. "The Bank of Warsaw has given notice of its intention to close business. Its issues are redeemed at the Central Bank Indianapolis. The gold has been deposited at the Central Bank, for the redemption of its outstanding circulation. "The issues of the New York and Virginia Stock Bank, at Evansville, are redeemed by the Crescent City Bank, and the issues of the Merchants and Mechanics' Bany, of New Albany, are redeemed by the New Albany Branch of the Bank of the State of Indiana. The new banking law of Illinois provides that no bank shall be located in any town or village of less than 500 inhabitant."
The specie paying banks that are winding up and redeeming their circulation at par areBrookville Bank, Bank of the Capitol, Bank of Elkhart, Hoosier Bank, Indiana Stock Bank, Huntington County Bank, Indiana Reserve Bank, Bank of Monticello, redeemed at Branch Bank, Lafayette; Fayette County Bank, redeemat Branch Bank, Connersville; Merchants' and Mechanics' Bank, redeemed at Branch Bank, New Albany; Bank of Syracuse, redeemed at Bank of Goshen; New York and Virginia State Stock Bank, redeemed at Crescent City Bank; Traders' Bank, Indianapolis, redeemed at the Bank of the Capitol. The suspended banks, redeemed at the Auditor's office at 90 per cent, areBank of Albany, Kalamazoo Bank, State Stock Bank, Marion, and Bank of Clinton. Those at 87 per cent are-Bank of America and Bank of Connersville. At 92 per cultureTraders' Bank, Nashville, and Wabash Valley Bank. Those at par are-Agricultural, Orange, Bank of Perryville, Rockport, South Bend, Wayne Bank, Logansport and Bank of Warsaw. The Atlantic Bank at 80 per cent; Elkhart, 97; Farmers' Bank, Jasper, at 91; Laurel Bank at 82; Nerthern Indiana at 832 State Stock Bank, Peru, at 85; Bank of T. Wadsworth at 91; Bank of North America, Clinton, at 90; Savings Bank of Indiana, Connersville, 69.
Suspended Banks, Where redeemed, and rates paid: Bank of Attica, Auditor's Office, at 89 B'k of America, Auditor's Office, at 87c. B'k of Albany, Auditor's Office, at 90c. Atlantic B'k, Auditor's Office, at 80c. Agricultural B'k, Auditor's Office, at par B'k Connersville, Auditor's Office, at 87c. Elkhart Co. B'k, Auditor's Office, at 97c. Farmers's B'k, Jasper 91 Laurel B'k, 82 Northern Indiana B'k, 83 Orange B'k, par B'k Perrysville, par B'k of Rockport, par State Stock Bank, Peru, 85 State Stock Bank, Marion, 90 B'k South Bend, par Traders' B'k, Nashville, 92 B'k of T. Wadsworth, 91 Wabash Valley bank, 92 Wayne Bank, Logansport, par Wayne Bank, at Richmond, par B'k of North America at Clinton, 90 Savings B'k of Indiana at Connersville, 69 B'k of Warsaw, Central B'k Indianapolis, par Kalamazoo B'k, 90
The above comprises all the Free Banks that are properly secured and within the operations of the General Banking Law of this State.
The following quotations are based upon the Report of the Auditor of the State of Indiana, dated February 1st, 1858: SPECIE PAYING. Atl DISCOUNT. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Mani of Paeli, Paoli. of Rockville, Wabash. Bank of Salem, New Albany. Bank of Salem, Salem. Bloomington Bank, Bioomington. Cambridge City Bank, CambridgeCity, Exchange Bank, Greeneastle. Bank of Indiana Michigan City. Canal Bank, Hvamoville. CentralB'k, Indianapolis, redeemed urer of State. Crescent City Bank, Evansville. Bank of Kikhart. Brookville Bank, Indiana. CambridgeCity Bank. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank. Rockville. Prairie City Bank, Terre llaute. Bank of Monticello Fayette County Bank. Merch. & Mech. Bk, New Albany. Bank of Syracuse. Indian Reserve Bank. Hooster Bank. SUSPENDED-AT 25 DISCOUNT. Agricultural Bank. AtlanticBank. Bank of Albany. Bank of Albion. Bank of Attica. Bank of America. Bank of Bridgeport. Bank of Commeraville. Bank of Perrysville. Bank of SouthBead. Bank of T. Wadsworth. Bank of the Capitol. Bank of N. America, Clinton Bank of Rockport. Elk) County Bank. Sav Bank, Connersville, (secure,) 40 dis. Fart re' Bank, Jasper. Kati ik. Lat No isna Bank. N. Stock Bank. Or State of Indiana, Peru. State ik, Marion. Havings Bank of Indiana, (seeured). Traders' Bank, Nashville. Wabash Valley Bk. Wayne Bank, Michmond. Wayne Bank, Logansport. Bank of Warraw. Huntington County Bank. There is #0 little suspended Indiana paper now in circulation, and rates are so unreliable, that we do not deem it worth while to give quotations.
The following quotations are based upon the Report of the Auditor the State of Indiana, dated February 1st, 1858: SPECIE PAYING. ATLDISCOUNT. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabash Bank of Salem, New Altany. Bank of Salem, Selem. Bioomington Bโโ loomington. Cambridge City Cambridge City. Exchange Bank, Bank of Indiana Mie City. Canal Bank, Evans Central B'k, Indianapolis, redeemed by Treasurer of State. Crescent City Bank, Evansville. Bank of Elkbart. Brookville Bank, Indiana. CambridgeCity Bank. Farmers Bank. Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank, Rockville. Prairie City Bank, Terre llaute. Bank of Monticello Fayette County Bank. Merch. & Mech. Bk. New Albany. Bank of Syracuse. Indian Reserve Bank. Hoosier Bank. SUSPENDED-AT 25 DISCOUNT. Agricultural Bank. AtianticBank. Bank of Albany. Bank of Albion. Bank of Attica. Bank of America. Bank of Bridgeport. Bank of Commersville. Bank of Perrysville. Bank of South Bend. Bank of T. Wadsworth. Bank of the Capitol. Bank of N. America, Clinton Bank of Rockport. Elkhart County Bank. Savings Bank, Connersville, (secure,) 40 dis. Farmers' Bank, Jasper. Kalamasoo Bank. Laurel Bank. Northern Indiana Bank. N. Y.& Va. St. Stock Bank. Orange Bank. State Stock Bank of Indiana, Peru. State Stock Bank, Marion. Savings Bank of Indiana, (secured). Traders' Bank, Nashville. Wabash Valley Bk. Wayne Bank, Richmond. Wayne Bank, Logansport. Bank of Warsaw. Huntington County Bank. There is so little suspended Indiana paper now in circulation, and rates are 80 unreliable, that we do not deem it worth while to give quotations.
The following quotations are based upon the Report of the Auditor of the State of Indiana, dated February 1st, 1858t SPECIE PAYING. ATIDISCOUNT. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabarh. Bank of Salem, New Altany. Bank of Salem, Salem. Bioomington Bank, Bioomington. Cumbridge City Ban bridgeCity. Exchange Bank, Gree Bank of Indiana Michig in Canal Bank, Evansville. Central B'k, Indianapolis, deemed by Treasurer of State. Crescent City Bank, Evanaville. Bank of Elkbart. Brookville Bank, Indians. Cambridge City Bank. Farmers Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank, Rocks Illa. Prairie City Bank, Terre lisute. Bank of Monticello Fuycite County Bank. Merch. & Mech. Bk. New Albany. Bank of Syracuse. Indian Reserve Bank. Hoosier Bank. SUSPENDED-AT 25 DISCOUNT. Agricultural Bank. Atlantic Bank. Bank of Albany. Bank of Albion. Bank of Attica. Bank of America. Bank of Bridgeport. Bank of Commersville. Bank of Perrysville. Bank of South Bend. Bank of T. Wadsworth. Bank of the Capitol. Bank of N. America, Clinton Bank of Rockport. Elkhart County Bank. Savings Bank, Connersville, (seemre,) no dr. Farmers' Bank, Jasper. Kalamasoo Bank. Laurel Bank. Northern Indiana Bank. N. Y. & Va. St. Stock Bank. Orange Bank. State Stock Bank of Indiana, Peru. State Stock Bank, Marion. Savings Bank of Indiana, (secured). Traders' Bank, Nashville. Wabash Valley Bk. Wayne Bank, Richmond. Wayne Bank, Logansport. Bank of Warsaw. Huntington County Bank. There is so little suspended Indiana paper now in circulation, and rates are so unrellable, that we do not deem it worth while to give quotations.
The following quotations are based upon the Report of the Auditor of the State of Indiana, dated February 1st, 1858: SPECIE PAYING. I DISCOUNT. Bank of Goshem, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vermon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Reckville, Wabash. Bank of Salem, New Altany. Bank of Salem, Salem. Bioomington Bank, Bloomington. Cambridge City Bank, Cambridge Exchange Bank, Greeneastle, Bank of Indiana Michigan City. Canal Bank, Evansville. CentralB'k, Indianapolis, redeemed by Treasurer of State. Cressent City Bank, Evansville. Bank of Elkhart. Brookville Bank, Indiana. Cambridge City Bank. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Steek Bank, Columbus. Lagrange Bank, Lima. Parke County Bank, Rockville. Prairie City Bank, Terre Haute. Bank of Menticello Fayette County Bank. Merch. s Mech. Bk. New Albany. Bank of Syracuse. Indian Reserve Bank. Hoosier Bank. SUSPENDED-AT 25 DISCOUNT. Agricultural Bank. Atlantic/Bank. Bank of Albany. Bank of Albion. Bank of Attica. Bank of America. Bank of Bridgeport. Bank of Connersville. Bank Perryaville. Bank of South Bend. Bank of T. Wadsworth. Bank of the Capitol. Bank of N. America, Clintos Bank of Rockport. Elkhart County Bank. Savings Bank, Connersville, (secure) 40 dhe. Farmers' Bank, Jasper. Kalamasoo Bank. Laurel Bank. Northern Indiana Bank. N. Y. & Va. St. Stock Bank. Orange Bank. State Stock Bank of Indiana, Peru. State Stock Bank, Marion. Savings Bank of Indiana, (socured). Traders' Bank, Nashville. Wabash Valley Bk. Wayne Bank, Richmond. Wayne Bank, Logansport. Bank of Warsaw. Huntington County Bank There is 80 little suspended I now in circulation, and rates are $0.8 ble, that we do not deem it worth give quotations.
The condition of the canal in commencing business the present seasoa is better than usual. Every part of it has been put in the best repair, and the three additional new inclined planes add very considerably to the capacity for work and to the facility for doing business upon it. After the completion of the two planes now begun there will be but two more to be rebuilt, which it will be the policy of the company to reconstruct at their earliest convenience.
The Auditor of the State of Indians publishes a statement of the present condition of the free banks of that State, from which we learn that the following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of that State, at their market value, to an amount not less than fifty thousand dollars, and ten per cent in excess of their circulation:-- Bank of Goshen, Goshen; Bank of Gosport, Gosport; Bank of Mt. Vernon, Mt. Vernon; Bank of Paoli, Paoli; Bank of Rockville, Wabash; Bank of Salem, New Albany; Bank of Salem, Salem: Bloomington Bank, Bloomington; Exchange Bank, Greencastle; Farmers' Bank, Westfield; Indiana Bank, Madison; Indiana Farmers' Bank, Franklin; Kentucky Stock Bank, Columbus; Legrange Bank, Lima; Parke County Bank, Terre Haute: Salem Bank, Goshen: Southern Back of Indiana, Terra Haute.
The following banks have complied with the amended law, but have since given notice of their intention to withdraw their circulation. Their notes are payable in coin:-- Bank of Indiana, Michigan City; Cambridge City Bank, Cambridge City; Canal Bank, Evansville; Central Bank, Indianapolis, redeemed by the Treasurer of State; Crescent City Bank, Evansville.
The following banks are winding up voluntarily, and are redeeming their notes at par, as specified. The tea per cent excess of securities is retained by the Auditor: Bank of Fikhart, redeemed at the bank; Brookvilie Bank, redeemed at the bank; Hoosier Bank, redeemed st the bank; Huntington County Bank, redeemed at the bank; Indiana Stock Bank, redeemed at Fletcher's Bank; Bank of Monticello, redeemed at Branch Bank, Lafayette; Fayette County Bank, redeemed at Branch Bank, Connorsville; Merchants and Mechanics' Bauk, redeemed at Branch Bank, New Albany; Bank of Syracuse, redeemed at Bank of Goshen; Indiana Reserve Bank, redeemed at Fletcher's Bank, Indianapolis.
The notes of the following suspended banks are redeemed by the Anditor:- Agricultural Bank at par; Atlantic Bank at 80c.; Bank of Albany at 90c.; Bank of Albion at par; Bank of America at 87c.; Bank of Attica at 89c.; Bank of Bridgeport at 88c.; Bank of Connorsville at 87c; Bank of Perryville at par; Bank of South Bend at par; Bank of T. Wadsworth at 91c.; Bank of North America, Clinton, at 90c.; Bank of Rockport at par; Farmers' Bank, Jasper, at 91c.; Kalamazoo Bank at 90c.; Laurel Bank at 90c.; Northern Indiana Bank at 9Bc.; New York and Virginia State Stock Bank at par; Orange Bank at par; State Stock Bank of Indiana, Peru, at 85c.; State Stock Bank, Marion, at 90c.; Savinge Bank of Indiana at 69c.; Traders' Bank, Nashville, at 92c.; Wabash Valley Bank at 92c.; Wayne Bank, Richmond, at par: Wayne Bank, Logansport, at par; Bank of Warsaw redeemed at the bank.
The report of the Williamsport and Elmira Railroad fully explains the difficulties which the company encountered last autumn during the financial pressure, and the measures adopted for the extinguishment of its floating debt. The movement was originated and approved by the leading bondholders, who believed that their bonds would be essentially and permanently enhanced in value by finally funding the floating debt. The signatures of more than three fourths of the bondholders have already been secured, and the floating debt itself is almost entirely signed off. The coal business, suspended the past six months, is about being resumed, and the iron and lumber trades are already active. The Northern Central road opens the Williamsport and Elmira gailroad to Baltimore in June, and also by two new routes, the Pennsylvania Central and Lebanon Valley, to Philadelphia; and the completion of the Quakake branch of the Catawissa read in July to the Beaver Meadow, will place New York as near to Buffalo by way of the company's road as by the Hudson River and New York Central roads. The managers express the belief that, with all its opening prospects, and with its finan-
Indiana Free Bal The following quotations a the Report of the Auditor Indiana, dated February let. 1858: SPECIE P ATI DISCOUNT. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt, Vernon, Mt. Vernon. Bank of P oli. Wabash. Bank of a Bank of Altany. Bank of So Bioomington Bank, Bloomington. Cambridge City Bank, Cambridge City. Exchange Bank, Greeneastle. Bank of Indiana Michigan City. Canal Bank, Evansville. Central B'k, Indianapolis, redeemed by Treasurer of State. Crescent City Bank, Evansville. Bank of Elkbart. Brookville Bank, Indiana. Cambridge City Bank. Farmers Bank, W field. on. M Indiana Bank, Indiana Farm ink, Franklin. k, Columbus. Kentucky Sto Lagrange BankyLisha. Parke County Bank, Rockville. Prairie City Bank, Terre Haute. Bank of Monticello Fayette County Bank. Merch. & Mech. Bk. New Albany. Bank of Syracuse. Indian Reserve Bank. Hoosier Bank. SUSPENDED-AT 25 DISCOUNT. Agricultural Bank. Atlantic Bank. Bank of Albany. Bank of Albion. Bank of Attica. Bank of America. Bank of Bridgeport. Bank of Connersville. Bank of Perrysville. Bank of South Bend. Bank of T. Wadsworth. Bank of the Capitol. Bank of N. America, Clinton Bank of Rockport. Elkhart County Bank. Savings Bank, Connersville, (secure,) 40 dis. Farmers' Bank, Jasper. Kalamazoo Bank. Laurel Bank. Northern Indiana Bank. N. Y. & Va. St. Stock Bank. Orange Bank. State Stock Bank of Indiana, Peru. State Stock Bank, Marion. Savings Bank of Indiana, (secured). Traders' Bank, Nashville. Wabash Valley By. Wayne Bank, Richmond. Wayne Bank, Logansport. Bank of Warsaw. Huntington County Bank. There is 80 little suspended Indiana paper now in circulation, and rates are 80 unreliable, that we do not deem it worth while to give quotations.