8754. Stillwater Canal Bank (Orono, ME)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 27, 1841
Location
Orono, Maine (44.883, -68.672)

Metadata

Model
gpt-5-mini
Short Digest
7f405496

Response Measures

None

Description

Newspaper reports show an injunction placed on the Stillwater Canal Bank (Oct 1841) and repeated listings that the bank is in hands of receivers (through 1842–1843), and bills described as worthless. No article describes a depositor run. This indicates the bank was enjoined/suspended and subsequently placed in receivership (permanent closure).

Events (4)

1. October 27, 1841 Other
Newspaper Excerpt
An injunction has been placed on the Stillwater Canal Bank at Orono.
Source
newspapers
2. September 23, 1842 Receivership
Newspaper Excerpt
Stillwater Canal, at Orono do In hands of receivers
Source
newspapers
3. September 23, 1842 Suspension
Cause
Government Action
Cause Details
An injunction was placed (legal action) and the bank was placed in the hands of receivers according to reports; suspension appears to result from legal/commissioner action and insolvency findings.
Newspaper Excerpt
Stillwater Canal, at Orono do In hands of receivers
Source
newspapers
4. February 9, 1843 Other
Newspaper Excerpt
Bills of the Stillwater Canal Bank, at Orona, Me., signed E. P. Butler... which are worthless, are in circulation
Source
newspapers

Newspaper Articles (10)

Article from New-York Tribune, October 27, 1841

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The Philadelphia Peunsv Ivanian says that several of the Banks of that city refuse to receive the notes of the Towanda Bank, the Erie Bank, and one of the Berks County Banks. A meeting of the Stockholder of the Bank of Kentucky ou the Philadelphia Agency, is to be held in that City on the 10th of November. The Book of Bennington's Charter expired on the 1st January last, and the Bank Commissioners have recommended that an application in regard to it be made to the Court of Chancery-probably for the appointment of a Receiver. The Bank Commissioners of Vermont have published a statement of the situation of the Banks of that State.The aggregate circulation is $1,164,000; Deposits and Debts $200,000; Discounts $1,507,000; Specie $93,502; Deposites in Boston and Troy $431,700; other resources $193,500. An injunction has been placed on the Stillwater Canal Bank at Orono. The report of the Bank Commissioners of Maine says that this Bank has been in the hands of Now-York speculators, introduced by Mr. Cyrus Moore. The bills are nearly all in circulation in distant States.The amount of circulation is $:5,820. The resources. consist, first, of $19,816 paper past due. and of little value, principally in executions, and $38,354 due from the NewYork speculators, of which $15,857 was given for stock and $2,490 bills out. There is a deposite of 86500 in the Washington Bank, of this city, to redeem the circulation, but which is supposed to be exhausted. The Bank also owned a dwelling house, but this was destroyed by fire, and the real ostate is worth little or nothing. The value of its bills, of course, depends upon what may be obtained of the New-York speculators.


Article from The Spirit of the Age, September 23, 1842

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MAINE. Agricultural Bank, Brewer in lannes of receivers 80 a 90 ct. dis. Bangor Commercial int Bank, Bangor I charter surrendered 3a 4 Bath Bank / redeemed charter expired Castine Bank worthless Citizen's Bank. Augusta. (new plate) charter anulted do I Calis Bank 10 a ' 10 a City Bank. Portland charter surrendered do Damariscotta Bank worthless I do Frankfort Bank. Frankfort do 1 do do Globe Bank, Bangor e do Georgia Lumber Co. Portland do 1 Hailowell and Augusta Kenebeck Bank do Kennebunk Bank do Lafyyette Bank, Bangor 3 a charter surrreadered 3 4 Mercantile Bank, Banger Oldtown Bank worthless Fraud do Oxford Bank, Fryburg do Passamaquoddy Bank do People's Bank charter surrendered Stillwater Canal, Al Orono do In hands of receivers Saco Bank redeemed by Trustees at Saco 15 a St. Croix, Calis Washington county, Calis worthless charter surrendered redeemed Waterville Bank (closed) 2 Westbrook Bank, Westbrook worthless Wiscasset Bank NEW HAMPSHIRE. 2 a Concord Bank worthless Hillaborough Bank New Hampshire, Portsmouth, charter redeemed expired worthless Woolfborugh Bank VERMONT. Agricultural Bank, Troy Fraud no such Bank authorised a 80 Bennington Bank, Bennington fraud Comercial Bank of Vermont no such Bank authorised worthless Essex, Goildhall do fraud Green Mountain Bank do Jefferson, County Bank fraud 2a 3 St. Albans Bauk MASSACHUSETTS. redeemed Amherst Bank, charter surrendered worthless Berkshire Bank 80 90 Chelsen Bank, Chelsea 75 80 Commonwealth Bank, Boston East Bridgwater Bank redeemed charter surrendered worthiess Essex Bank, Salem do Farmers' and Mechanics' 8. Adams do Farmers' Bank, Belchertown do Franklin Bank, Boston do Fulton, or Wimmisimmet Bank, Boston do Hampshire Bank, Northampton do Lafayette Bank, Boston closed do Mendon Bank Middlesex Bank. Cambridge redeemed 15 20 Middling Interest Bank, Boston 90 Natural Bank, Lynn 75 Neburyport Bank redeemed Norfolk Bank, Rosbury worthless Phanix Bank, Nantucket do Roxbury Bank charter annulled do Sutton Bank Winthrop Bank, gone into liquidation redeemed RHODE ISLAND. worthless Burrillville Bank do fraud Eagle Bank, Newport do Farmers' Bank 75 80 Farmers' and Mechanics' Bank worthless Franklin Bank, Providence fraud closed redeemed Mount Hope Bank a 10 Pascong Bank CONNECTICUT worthleas Bridgeport Manufacturing Co. fraud do Derby Bank, do Eagle Bank a 50 Housatonic Railroad Co. NEW YORK. 1-8 a l 4 New York City 1 a 1 1 - 4 OIL Safety Fund, good Banks a 2 New do do Red Back. uncertain 60 a 65 United States Bank Bills, old and new 10 12 1-2 Novia Scotia Bills 7a 9 New Brunswick Bills EXCHANGE Drafts on New York par a 1-10 premium 1.4 a Albany para 1-10 dis Philadeiphia par a 1-10 Bultimore 3-1a 2 Norfolk 13-4 a 2 Bichmond 1.2a 2 Charlestown 2 a 3 Savannah 4 a 5 Augusta, Gs. a 10 nominal Mobile* 6 a 7 New Orleans 16 a 17 Nashville a 20 St. Louis 4 a 5 Cincinnati 13 " 14 Columbus Mobile funds have improved 10 per cent. within A few hys. We now quote them at 28 " 31.


Article from The Spirit of the Age, October 14, 1842

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MAINE. Agricultural Bank, Brewer in hands of receivers 80 a 90 ct. dis. Bangor Commercial Bank, Bangor charter surrendered 3 4 Bath Bank redeemed t charter expired Castine Bank worthless t Citizen's Bank. Mugusta. (new plate) : charter anulted do Calis Bank 10 a , 10 a City Bank, Portland charter surrendered Damariscotta Bank do worthless do Frankfort Bank, Frankfort do do do Globe Bank, Bangor do Georgia Lumber Co. Portland : do Hallowell and Augusta Kenebeck Bank do Kennebunk Bank do Lafayette Bank, Bangor 3 charter surrrendered 3 4 Mercantile Bank, Bangor Oldtown Bank worthless Fraud do Oxford Bank, Fryburg do Passamaquoddy Bank do People's Bank charter surrendered Stillwater Canal, at Orono do In hands of receivers Saco Bank redeemed by Trustees at Saco 15 a St. Croix, Calis Washington county, Calis worthless charter surrendered Waterville Bank redeemed (closed) 2 a Westbrook Bank, Westbrook Wiscasset Bank worthless NEW HAMPSHIRE. Concord Bank 2 a worthless Hillsborough Bank New Hampshire, Portsmouth, charter redeemed expired worthless Woolfborugh Bank VERMONT. Agricultural Bank, Troy Fraud no such Bank authorised a 80 Bennington Bank, Bennington fraud Comercial Bank of Vermont no such Bank authorised worthless Essex, Guildhall do fraud Green Mountain Bank do Jefferson, County Bank fraud 2a 3 St. Albans Bank MASSACHUSETTS. redeemed Amherst Bank, charter surrendered worthless Berkshire Bank 80 90 Chelsen Bank, Chelsea 75 80 Commonwealth Bank, Boston East Bridgwater Bank redeemed charter surrendered worthless Essex Bank, Salem do Farmers' and Mechanics', 8. Adams do Farmers' Bank, Betchertown do Franklin Bank. Boston do Fulton, or Wimnisimmet Bank, Boston do Hampshire Bank, Northampton do Lathyette Bank, Boston closed Mendon Bank do 2 a Middlesex Bank. Cambridge, redeemed 15 20 Middling Interest Bank, Boston a 90 Nahant Bank. Lynn 75a Neburyport Bank redeemed Norfolk Bank, Roxbury worthless Phenix Bank. Nantucket do Roxbury Bank charter annulled do Sutton Bank Winthrop Bank, gone into Equidation redeemed RHODE ISLAND. worthless Burrillville Bank do fraud Eagle Bank, Newport do Farmers' Bank 75 a 80 Farmers' and Mechanics' Bank , worthless Franklin Bank, Providence fraud closed redeemed Mount Hope Bank e a 10 Pascong Bank CONNECTICUT. I I Bridgeport Manufacturing Co. fraud worthless do N Derby Bank, do e Eagle Bank a 50 Housatonic Railroad Co. . : : NEW YORK. 1 1-8a1-4 New York City r 11-4 OM Safety Fund, good Banks h a 2 Red Back. uncertain do do New 60 65 United States Bank Bills, old and new . 10 a 12 1-2 Novia Scotia Bills 7 9 New Brunswick Bills n It EXCHANGE e Drafts on New York par a 1-10 premium t 1.4 a Albany Philadeiphia par 1-10 dis 1 Baltimore par a 1-10 e 3-4a 2 Norfolk . 13-4 a 2 Bichmond 1 I 1.2a 2 Charlestown 2 a 3 Savannah 4 a 5 Augusta, Ga. a 10 nominal Mobile* e 6 a 7 New Orleans 1 16 a 17 Nashville a 20 St. Louis y N 4 a 5 Cineinnati It 13 a 14 Columbus e Mobile funds have improved 10 per cent. within a few is days. We now cuote them at a 31.


Article from The Spirit of the Age, October 21, 1842

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Agricultural Bank, Brewer 80 a 90 ct. in hands of receivers Bangor Commercial Bank, Bangor 3 a 4 charter surrendered redeemed Bath Bank charter expired worthless Castine Bank Citizen's Bank, Augusta. (new plate) do charter anulled 10 a Calis Bank 10 a City Bank, Portland charter surrendered do worthless Damariscotta Bank do Frankfort Bank, Frankfort do do do Globe Bank, Bangor do Georgia Lumber Co. Portland do Hallowell and Augusta do Kenebeck Bank do Kennebunk Bank Lafayette Bank, Bangor 3 charter surrrendered 3 4 Mercantile Bank, Bangor worthless Oldtown Bank Fraud do Oxford Bank, Fryburg do Passamaquoddy Bank do People's Bank charter surrendered Stillwater Canal, At Orono do In hands of receivers Saco Bank redeemed by Trustees at Saco 15 a St. Croix, Calis Washington county, Calis worthless charter surrendered redeemed (closed) Waterville Bank 2 a Westbrook Bank, Westbrook worthless Wiscasset Bank NEW HAMPSHIRE. 2 a Concord Bank worthless Hillsborough Bank New Hampshire, Portsmouth, charter redeemed expired worthless Woolfborugh Bank VERMONT. Agricultural Bank, Troy Fraud no such Bank authorised a 80 Bennington Bank, Bennington fraud Comercial Bank of Vermont no such Bank authorised worthless Essex, Guildhall do fraud Green Mountain Bank do Jefferson, County Bank fraud 2a 3 St. Albans Bank MASSACHUSETTS. redeemed Amherst Bank, charter surrendered worthless Berkshire Bank 80 90 Chelsen Bank, Chelsea 75 80 Commonwealth Bank, Boston East Bridgwater Bank redeemed charter surrendered worthless Essex Bank, Salem do Farmers' and Mechanics', S. Adams do Farmers' Bank, Belchertown do Franklin Bank, Boston do Fulton, or Winnisimmet Bank, Boston do Hampshire Bank, Northampton do Lafayette Bank, Boston closed do Mendon Bank 2 a Middlesex Bank. Cambridge, redeemed 15 20 Middling Interest Bank, Boston 90 Nahant Bank. Lynn 75 Neburyport Bank redeemed Norfolk Bank, Roxbury worthless Phonix Bank, Nantucket do Roxbury Bank charter annulled do Sutton Bank Winthrop Bank, gone into liquidation redeemed RHODE ISLAND. worthless Barrillville Bank do fraud Eagle Bank, Newport do Farmers' Bank 75 80 Farmers' and Mechanics' Bank worthless Franklin Bank, Providence fraud closed redeemed Mount Hope Bank a 10 Pascoag Bank CONNECTICUT. Bridgeport Manufacturing Co. fraud worthless do Derby Bank, do Eagle Bank a 50 Housatonic Railroad Co. NEW YORK. 1-8 a 1-4 New York City all-4 OIL Safety Fund, good Banks a 2 New do do Red Back. uncertain 60 a 65 United States Bank Bills, old and new 10 a 12 1-2 Novia Scotia Bills 7 9 New Brunswick Bills EXCHANGE. Drafts on New York par a 1-10 premi a 1.4 Albany par a 1-10 dis Philadeiphia Baltimore par a 1-10 3-4a 2 Norfolk 13-4 a 2 Bichmond 1.2a 2 Charlestown 2 a 3 Savannah 4 a 5 Augusta, Ga. a 10 nominal Mobile* 6 a 7 New Orleans 16 a 17 Nashville a 20 Louis 4 a 5 Cincinnati


Article from The Spirit of the Age, January 20, 1843

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. Agricultural Bank, Brewer in hands of receivers 80 a 90 ct. dis Bangor Commercial Bank, Bangor e charter surrendered 3 4 : Bath Bank worthless charter expired / Citizen's Bank Augusta. (new plate) charter anulled do Calis Bank 7a 8 I City Bank, Portland chartersurrendered 10 a 15 Damariscotta Bank do : worthless Frankfort Bank, Frankfort do do do do Globe Bank, Bangor e Georgia Lumber Co. Portland do , do Hallowell and Augusta Kenebeck Bank do 1 Kennebonk Bank do Lafayette Bank, Bangor S charter surrrendered 3a 4 . 3 4 Mercantile Bank, Bangor : Oldtown Bank worthless Fraud Oxford Bank, Fryburg do do Passamaquodly Bank t People's Bank charter surrendered do Stillwater Canal. at Orono In hands of receivers do Saco Bank redeemed by Trustees at Saco ) 25 a St. Croix, Calise harter surrendered Washington county, Calis charter surrendered worthless Waterville Bank redeemed (closed) 2 a 3 Westbrook Bank, Westbrook Wiscasset Bank worthless NEW HAMPSHIRE. Concord Bank 2 a 3 Hill-borough Bank worthless New Hampshire, Portsmouth, charter redeemed expired worthless Woolfborging Bank VERMONT. Agricultural Bank, Troy Fraud no such Bank authorised a Bennington Bank, Bennington Comercial Bank of Vermont fraud no such Bank authorised Essex. Guildhall worthless fraud Green Mountain Bank do do Jefferson, County Bank fraud St. Albans Bank 11a 12 MASSACHUSETTS redeemed Amherst Bank, charter surrendered Berkshire Bank worthless Chelsen Bank, Chelsen 80 a 90 Commonwealth Bank, Boston 75 80 East Bridgwater Bank charter surrendered redeemed Essex Bank. Salem worthiess do Farmers' and Mechanics', 8. Adains Farmers' Bank, Belchertown do Franklin Bank. Boston do do Fulton, or Wimnisimmet Bank, Boston do Hampshire Bank, Northumpton do Lafayette Bank, Boston Mendon Bank closed redeemed 2 a Middlesex Bank. Cambridge redeemed 15 a Middling Interest Bank, Boston Nahant Bank, Lvun 80 90 Neburyport Bank 67 70 redeemed Norfolk Bank, Rochury Phanix Bank, Nantucket worthleas do Roxbury Bank charter annulled Button Bank do Winthrop Bank, gone toliquidation redeemed RHODE ISLAND. Burrillville Bank worthless fraud do Engle Bank. Newport Farmers' Bank do Parmers' and Mechanica' Bank 75 a 80 worthless Franklin Bank. Providence fraud closed Mount Hope Bank redeemed 5 7 Pascong Bank CONNECTICUT. worthless Bridgeport Manufacturing Co. fraud do Derby Bank, Eagle Bank do Housatonic Railroad Co. 25 30 NEW YORK. New York City 1-8 1.4 OM Safety Fund, good Banks 1-4 New do do Red Back.uncertain a 2 55 a GO United States Bank Bills, oldand new Novem Scotia Bills 10 a 12 1-2 New Brunswick Bills 7 9 6 Upper Canada Lower do 4 5 EXCHANGE Drafts on New York par a 1-10 premium Albany 1.4 a Philadelphia para 1.10 dis Baltimore pmr a 1.10 Norfolk 13-1a 2 Bichmond 134 a 2 Charlestown I 1.2a 2 Savannah 2 a 3 1 a 5 Augusta, Ga Mobile* nominal " 10 6 a 7 New Orleans Nashville 16 a 17 St. Louis a 20 Cincinnati 4 5


Article from The Spirit of the Age, February 3, 1843

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MAINE. Agricultural Bank, Brewer in hands of receivers 80 a 90 CL. dis Bangor Commer ial Bank, Bangor charter surrendered 3a 4 Bath Bank worthless charter expired Citizen's Bank, Augusta, (new plate) charter anulted do Calis Bank 7a8 10 a 15 City Bank, Portland charter surrendered Damariscotta Bank do worthless do Frankfort Bank, Frankfort do do do Globe Bank, Bangor do Georgia Lumber Co. Portland do Hallowell and Augusta Kenebeck Bank do Kennebank Bank do Lafayette Bank, Bangor 3 4 charter surrrendered 3 a 4 Mercantile Bank, Bangor Oldtown Bank worthless do Fraud Oxford Bank, Fryburg do Passamaquodily Bank do People's Bank charter surrendered Stillwater Canal, at Orono In hands of receivers do Saco Bank redeemed by Trustees at Saco 25 a St. Croix, Calise harter surrendered Washington county, Calis charter surrendered worthless redeemed Waterville Bank (closed) 2 13 Westbrook Bank, Westbrook Hiscasset Bank worthless NEW HAMPSHIRE. Concord Bank 2n 3 worthless Hill-borough Bank New Hampshire, Portsmouth, charter redeemed expired worthlbas Woolfborugh Bank VERMONT. Fraud Agricultural Bank, Troy no such Bank authorised a Bennington Bank, Bennington fraud Comercial Bank of Vermont no such Bank authorised worthless Essex, Goldhall fraud Green Mountain Bank do do Jefferson. County Bank fraud St. Albans Bank 11 a 12 MASSACHUSETTS. redeemed Amherst Bank, charter surrendered Berkshire Bank worthless Chelsea Bank, Chelsea 80 90 Commonwealth Bank, Boston 75 80 East Bridgwater Bank charter surrendered redeemed Essex Bank, Salem worthless Farmers' and Mcclamies', S. Adains do Farmers' Bank, Betchertown do Franklin Bank. Boston do do Falton, or Wimmisimmet Bank, Boston do Humpshire Bank, Northampton do Lafayette Bank, Boston closed Mendon Bank redeemed Middlesex Bank. Cambridge redeemed 2 a 15 a Middling Interest Bank, Boston Nature Bank Lvnn 80 a 90 67 a 70 Neburyport Bank redeemed Nortolk Bank, Rosbury Phienix Bank, Nantucket worthless do Roxbury Bank charter annulled Mutter Bank Md Winthrop Bank, gone intelliguidation redeemed RHODE ISLAND. Burrillville Bank worthless fraud do Dagle Bank, Newport Partners' Bank do Parmers' and Mechanics' Bank 75 a 80 worthless Franklin Bank. Providence fraud closed redeemed Mount Hope Bank 5 7 Pascoug Bank CONNECTICUT. worthless Bridgeport Manufacturing Co. fraud do Derby Bank, do Eagle Bank Housatonic Railroad Co. 23 a 30 NEW YORK. New York City 1-8a1-4 1g 1 1-4 Old Safety Fund, good Banks do New do Red Back. uncertain a 2 55a60 United States Bank Bills, old and new Novem Scotia Bills 10, 12 1-3 New Breaswick Bills 7 9 6 it Upper Canada Lower de 4 5


Article from New-York Daily Tribune, February 9, 1843

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Decrease as compared with 1841....159,396 61 Nett receipts for 1842$920,499 42 Expenses ....390,046 70 Excess of receipts...$530,452 72 The Fell's Point Savings Institution, Baltimore, has de- clared a dividend of 3½ per cent, for the last 6 months. The Neptune Insurance Company, Baltimore, has de- clared a dividend of $10 50 per share, $7 of which are paya- ble to the stockboiders and $3 50 will be added to the capital. The Committee appointed by the House of Delegates of Maryland to investigate the affairs of the Farmers and Mil- lers' Bank, report that it is now, and always has been, a fraudulent device to plunder the unwary and confiding portion of the community, and introduce resolutions direct- ing the Attorney General to issue an injunction suspending the operations of the Bank until it shall be determined if the charter has been forfeited. The Report of the Commit- tee shows that the F. and M. Bank was only an offshoot of the exploded Millington Bank, and that it never had any le- gal existence. It appears that at one time there was only four dollars bankable funds in the Bank, and no specie ex- cepting some boxes of cents. The Committee found $1725 in specie and $235 in bank notes, to redeem $14,303 of cir- culation. The Bank was frequently sustained by borrowed money, and at the time of making yearly reports specie would be borrowed which was removed the same day. One of the witnesses before the Committee, Mr. Thomas N. Davis, stated that Guthrie (the main-spring of the Bank) in- formed him, in the year 1841, that "his bank, the Farmers and Millers' Bank, was doing well, but when the Milling- ton Bank had failed the money came in on them very rap- idly, but all was now over, and the prospect was good, and be had another bank charter in view, and wanted to put her in operation as soon as possible, and solicited me (him) to join him (Guthrie.) This was a Virginia bank, chartered at Kanabwa, a salt manufactory, and said his object was to keep the Farmers and Millers' Bank good, and that this only wanted some little specie, and the rest would be the Farmers and Millers' Bank money, which would do to start with, and when he got rightly under way she could be broke, and it was away from home," &c. The statement of the Lafayette Bank of Cincinnati, Jan. 21, 1843, presents a strong appearance. The cash assets amount to $74,712 22, of which there is in gold and silver $55,889 95, the balance in the notes of other specie paying banks. The circulation is only $43,747. The greatest cir- culation the bank had in 1842 was Jan. 4th, amounting to $458,312. Bills of the Stillwater Canal Bank, at Orona, Me., signed E. P. Butler, Cashier, and Nathuniel Treat, President, which are worthless, are in circulation, altered to Black- stone Canal Bank, at Providence, patent stereotype plates. The bill for putting the State Bank of Illinois into liquida- tion has been accepted by the Bank, and is now a law of the land. The Governor nominated for Bank Commissioner under this act Norman H. Purple of Peoria, and the nom- ination has been confirmed by the Senate. The Board of Directors of the Bank held a meeting on the 24th ult. The immediate liabilities entitled to a dividend of the specie were stated at $1,598,617. The specie on band is $487,000; from this there is to be deducted $15,000, which the law al- lows the Bank to retain-leaving to be distributed $472,000. This will pay about 29½ cents to the dollar. If, however, there is deducted a claim now included in the impediate liabilities held by the Bank of Missouri against the State Bank, as endorser of the Gas Light Co. of St. Louis, the div- idends will be increased to the sum of 31 cents on the doliar. The Federal Union says that the Central Bank, Ga., is receiving its notes at the rate of $20,000 per week. An act has just passed the Indiana Legislature, which pro- vides that the Treasury notes of that State bearing 6 per cent, and those bearing ¼ per cent. shall be received for all county dues. This includes payments on debts to county seminaries, school money, lands and surplus revenue.- Agents receiving these notes are required to disburse the same notes. The notes are also made receivable for Wa- bash and Erie Canal lands east of Tippecanoe River. At N. Orleans, sight Exchange ½ a 1 disc; 60 days 2½ disc; Sterling 3 a 3½; Francs 5 55 a 5 534. These rates were lower, and the demand was small. WEDNESDAY, Feb. 8. # Markets-Carefully reported for The Tribune.' ASHES. There is no movement in the market for Pots or Pearls. There are some buyers of Pots at 5 25, hut hold- ers are generalty asking 5 50, Pearls are entirely nominal at 6 50. COTTON. The market continues steady and the sales to day are about 1200 bales at previous prices. Two or three parceis Texas, say 500 bales, are being shipped from first hands. We quote, as before, fair Upland square 6½ a 7; Round 6¼ a 6½; N Orleans and Alabama 7. Fair and above fair is rather scarce. At N Orleans, 28th, the sales of three days were 18,000 bales; market rather steady; stock 159,- 462 bales. FLOUR AND MEAL. The market for Western con- tinues quiet, with only small sales for the immediate wants of the trade. Prices are, if any thing, rather heavier, and 4 43 a 4 50 for Genesee is the top of the market. Michigan 4 31 a 4 37½; Ohio 4 37½ a 4 50; Troy 4 37½. In Ohio via N Orleans the operations have been considerable. A parcel of 1514 bbls, in store, was taken on private terms, and 700 bbls of a fancy brand, to arrive, sold at 4 31½. The 1587 bbls arrived to-day per bark Barrington, was sold some time since at 4 12½. Southern remains in moderate demand with only retail sales. Georgetown 4 12½ a 4 25; Rich-mond City 5 50; Brandywine 4 62½. The lower grades are all embraced in the range of 4 a 4 12½. Rye Flour 3 a 3 12½, and dull. Meal in limited demand; sales 150 bbls Jersey at 2 50, and 1 to 200 bbls Brandywine at 2 62½. Shorts 9 a 10½ Ship Stuffs 13 a 14c. GRAIN. We hear of nothing doing in Wheat. Corn is inactive, some parcels here being held above the views of the distillers. Rye is ala.ost entirely without demand, ex- cepting at a decline on present rates. Oats are only want- ed by re ail, but this demand is rather better. We quote Northern 29 a 30; Jersey 25 a 27. SEEDS. We hear of nothing doing in Clover; New is worth 6 a 6½, and some prime unmixed is held at 6½; Old we quote 5¼ a 5¾. A sale of 181 bbls Timothy has been made at $14, a farther advance of $1 per tree. We notice farther sales, about 100 tcs, of Rough Flax at 8@2½. There is a good demand at 8 50, but no sellers. 150 bushels Hemp Seed have been sold at 1 37½ per bushel, cash. OILS. No Whale has yet been received, and it is much wanted. We notice sale of 50 cases Florence at $4 62½. Manufactured Sperms are declining. Winter has been sold below 55 cents. We notice sales of about 1,000 bbls. Crude Sperm at New-Bedford at 56 cents, which is a decline. The quantity pressing on the market there is very large, and it is supposed the price must go still lower. SALT. We notice a sale of a cargo 15,000 bashels St. Ubes, en private verms. The market is now, we believe, bare la first hands. PROVISIONS. The only transaction we hear of in bar- rel provisions is a sale 242 bbls Old Prime Pork on terms no transpired, supposed below the last sales. The market be


Article from The Spirit of the Age, February 17, 1843

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MAINE. Agricultural Bank, Brewer in hands of receivers 80 a 90 ct dis. Bangor Commer ial Bank, Bangor 3 a 4 charter surrendered Bath Bank orthless charter expired Citizen's Bank,Augusta. (new plate) do charter anulted 7a8 Calis Bank 1 10 a 15 City Bank, Portland charter surrendered do Damariscotta Bank worthless do Frankfort Bank, Frankfort do do do Globe Bank, Bangor do Georgia Lumber Co. Portland do Hallowell and Augusta do Kenebeck Bank do Kennebank Bank Lafayette Bank, Bangor 3 4 charter surrrendered 3 a 4 Mercantile Bank, Bangor Oldtown Bank worthless do Fraud Oxford Bank, Fryburg do Passumaquodily Bank do People's Bank charter surrendered Stillwater Canal, at Orono do In hands of receivers Saco Bank redeemed by Trustees at Saco 25 a St. Crois, Calise harter surrendered Washington county, Calls worthless charter surrendered Baterville Bank redeemed (closed) 2 as Westbrook Bank, Westbrook worthless Wiscasset Bank NEW HAMPSHIRE. 2 a 3 Concord Bank worthless Hill-borough Bank New Hampshire, Portsmouth, charter redeemed expired worthless Woolfborugh Bank VERMONT. Fraud Agricultural Bank, Troy no such Bank authorised a Bennington Bank. Bennington fraud Comercial Bank of Vermont no such Bank authorised worthless Essex, Guildhall do fraud Green Mountain Bank do Jefferson, County Bank fraud 11a 12 St. Albans Bank MASSACHUSETTS. redeemed Amherst Bank, charter surrendered worthless Berkshire Bank 80 a 90 Chelsen Bank, Chelsea 75 90 Commonwealth Bank, Boston East Bridgwater Bank redeemed charter surrendered worthless Essex Bank, Sidem do Farmers' and Mechanics', S. Adams do Farmers' Bank, Belchertown do FrankJin Bank. Boston do I Falton, or Wimnisimmet Bank, Boston do ) HampShire Bank, Northumpton do Lafavette Bank, Boston i closed Mendon Bank redeemed 2 a Middlesex Bank. Cambridge. redeemed 15 a Middling Interest Bank, Boston 80 a 90 I Nahant Bank. Lynn 67 a 70 1 Neburyport Bank redeemed Norfolk Bank. Roxbury worthless Phoenix Bank, Nantucket do Roxbury Bank charter annulled do Sutton Bank i Winthrop Bank, gone into liquidation redeemed RHODE ISLAND. worthless Burrillville Bank do fraud Eagle Bank, Newport do Farmers' Bank 75 a 80 Farmers' and Mechanics' Bank worthless Franklin Bank. Providence fraud closed redeemed Mount Hope Bank 5 7 Pascoag Bank ) CONNECTICUT. Bridgeport Manufacturing Co. fraud worthless do Derby Bank, do Eagle Bank 25 a 30 Housatonic Railroad Co. : NEW YORK. , 1-8 a l 4 New York City 1 a l 1 I OM Safety Fund, good Banks a 2 do do New Red Back.uneertain 55a00 United States Bank Bills, old and new 10 a 12 1-2 Novia Scotia Bills 7 9 ) New Brunswick Bills 6 it Upper Canada 4 5 Lower do


Article from The Spirit of the Age, March 31, 1843

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n. MAINE. Agricultural Bank, Brewer in hands of receivers 80 a 90 ct dis. Bangor Commert in) Bank, Bangor charter surrendered 3 4 Bath Bank worthless charter expired Citizen's Bank, Augusta. (new plate) charter anulted do Calis Bank 7a8 City Bank, Portland charter surrendered 10 a 15 Damariscotta Bank do worthless do Frankfort Bank, Frankfort do do do Globe Bank, Bangor Georgia Lumber Co. Portland do n do Hallowell and Augusta d Kenebeck Bank do Kennebunk Bank do Lafayette Bank, Bangor y charter surrrendered 31g 4 3 a 4 Mercantile Bank, Bangor t Oldtown Bank worthless Fraud do Oxford Bank, Fryburg do Passetnaquoddy Bank : People's Bank charter surrendered do S Stillwater Canal, at Orono 8 In hands of receivers do Saco Bank redeemed by Trustees at Saco 0 25 a St. Croix, Calise harter surrendered Washington county, Calis charter surrendered worthless Waterville Bank redeemed (closed) 2 a3 Westbrook Bank, Westbrook Wiscasset Bank worthless NEW HAMPSHIRE. Concord Bank 2 a 3 Hillsborough Bank worthless New Hampshire, Portsmouth, charter expired redeemed worthless Woolfborugh Bank VERMONT. Fraud Agricultural Bank, Troy no such Bank authorised a Bennington Bank, Bennington Comercial Bank of Vermont fraud no such Bank authorised Essex, Guildhall worthless Green Mountain Bank fraud do do Jefferson, County Bank fraud St. Albans Bank 11 12 MASSACHUSETTS. Amherst Bank, charter surrendered redeemed Berkshire Bank worthless Chelsen Bank, Chelsen 80 90 Commonwealth Bank, Boston 75 D 80 East Bridgwater Bank charter surrendered redeemed Essex Bank, Salem worthless do Farmers' and Mechanics', 8. Adams Farmers' Bank, Belchertown do Franklin Bank. Boston do do Fulton, or Wimnisimmet Bank, Boston do Hampshire Bank, Northampton do Lafyaette Bank, Boston Mendon Bank closed redeemed Middlesex Bank. Cambridge redeemed 2 a 15 a Middling Interest Bank, Boston Nahant Bank, Lynn 80 a 90 67 a 70 Neburyport Bank Norfolk Bank, Roxbury redeemed Pheenix Bank, Nantucket worthless do Roxbury Bank charter annulled Sutton Bank do redeemed Winthrop Bank, gone into liquidation RHODE ISLAND. Burrillville Bank worthless fraud do Eagle Bank, Newport Farmers' Bank do 75 a 80 Ferman' Bill Mechanica' Bank closed redeemed Mount Hope Bank 5 7 Pascoug Bank CONNECTICUT. Bridgeport Manufacturing Co. fraud worthless do Derby Bank, do Eagle Bank Housatonic Railroad Co. 25 30 NEW YORK. 1-8a1-4 New York City lall-4 Old Safety Fund, good Banks a 2 New do do Red Back. uncertain 55 a 60 United States Bank Bills, old and new Novia Scotia Bills 10 a 12 1-2 7 9 New Brunswick Bills 6 Upp 11" Canada Lower de 4 5


Article from The Spirit of the Age, April 28, 1843

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MAINE. Agricultural Bank, Brewer in hands of receivers 80 a 00 et dis. Bangor Commercial Bank, Bangor ) charter surrendered 3 4 Bath Bank r worth SA charter expired Citizen's Bank,Augusta. (new plate) e charter anulted do Calis Bank 7a8 10 a 15 City Bank, Portland charter surrendered Damariscotta Bank do worthless Frankfort Bank, Frankfort do do : do Globe Bank. Bangor do . Georgia Lumber Co. Portland do do Hallowell and Augusta Kenebeck Bank do Kennebunk Bank do Lafayette Bank, Bangor charter surrrendered 3 4 3 4 Mercantile Bank, Dangor Oldtown Bank worthless Fraud Oxford Bank, Fryburg do Passamuquodily Bank do People's Bank charter surrendered do Stillwater Canad, at Orono In hands of receivers do Saco Bank redeemed by Trustees at Saco St. Crois, Calise harter surrendered 25 a Washington's county. Calls charter surrendered worthless Waterville Bank (closed) redeemed Westbrook Bank, Westbrook 2a3 Wiscusset Bank worthless NEW HAMPSHIRE. Concord Bank 2a 3 Hillsborough Bank worthless New Hampshire, Portsmouth, charter expired redeemed Woolfborugh Bank worthless VERMONT. Fraud Agricultural Bank, Troy no such Bank authorised Bennington Bank. Bennington a Comercial Bank of Vermont fraud no such Bank authorised Essex, Guildhall worthless Green Mountain Bank fraud do Jefferson. County Bank fraud do St. Albans Bank 11 a 12 MASSACHUSETTS. Amherst Bank, charter surrendered redeemed Berkshire Bank worthless Chelsen Bank, Chelsen 80@90 Commonwealth Bank, Boston 75080 East Bridgwater Bank charter surrendered redeemed Essex Bank, Salem worthless Farmers' and Mechanics', S. Adams do Farmers' Bank, Belchertown do t Franklin Bank, Boston do I Fulton, or Winnisimmet Bank, Boston do ( Hampshire Bank Northampton do Lafayette Bank, Boston do r Mendon Bank closed redeeme 1 S Middlesex Bank. Cambridge. redeemed 2 a Middling Interest Bank, Boston 15 a Nahant Bank, Lynn 80 a 90 h Neburyport Bank 67 a 70 t Norfolk Bank, Roxbury redeemed t Phoenix Bank, Nantucket worthless O Roxbury Bank charter annulled do t Sutton Bank do C Winthrop Bank, gone into liquidation redeemed 8: RHODE ISLAND. a Burrillville Bank A worthless fraud Engle Bank. Newport li do Farmers' Bank do p Farmers' and Mechanics' Bank be 75 a 80 Franklin Bank. Providence fraud M worthless Mount Hope Bank closed el redeemed Pascong Bank 5 7 CONNECTICUT. Bridgeport Manufacturing Co. fraud worthless Derby Bank, do Eagle Bank do Housatonic Railroad Co. 25 a 30 NEW YORK. New York City 1-8 a 1.4 Old Safety Fund, good Banks 1a11-4 New do do Red Back. uncertain a 2 J United States Bank Bills, old and new 55a60 Novia Scotia Bills 10 a 12 1-2 New Brunswick Bills 7 a 9 Upper Canada 6 Lower do 4 x 5