The Massachusetts spy, and Worcester County advertiser. [volume] ([Worcester, Mass.]) 1825-1831, 1828-06-11

BANKS IN MASSACHUSETTS. BY the re-
turns of the state of the Banks in this Com
monwealth, made to the Secretary on the
first Saturday of May, it appears that the
amount of capital stock of the sixty-one
banks now in operation is S19,337 800.
The whole amount of bills in circulation
was S4,6S4, 538, of which amount 1885, 045.
were bills of denominations less than five
dollars. The amount of notes in circula-
ton bearing interest, not included in the
foregoing amount, was $2,599,326 3d.
The amount ofdeposits in the several banks,
| not on interest, was $2063,0 72. Deposits
on interest $455,654 SO. Whole amount
of debts of the banks, $40, 943, 400 05. The
amount OF specie in the vaults OF the banks
was S1,l44,645. Amount of real estate
$640,996. Bills of other banks in the
state S7I3,3l9. Bills of banks incorporated
elsewhere 1877, 531. Balances due from
other banks $1,2l0,766. Notes and bills
OF exchange discounted, funded debts,
and other securities, $27, O73,97S SO. Whole
amount of resources of the banks, S31 OIL
98l 90 Amount of debts due to the banks,
secured by the pledge of their own stock
81, 1850. Amount of debts considered
doubtful, $343, ISL Boston Gazette.
Harvard UNIVERSITY. A meeting of
the Overseers of Harvard University was
held on Thursday in the Senate Chamber,
at which His Excellency the Governor pre-
sided. Reports were made by the commit
tees appointed at the meeting in January
last, and accepted. The committee for Wis
ting the University made favorable re-
port Of the state of instruction and disci-
pine, and Of the proficiency of the students
Rev. John G. Palfrey, of Boston, was
elected member Of the board, to fill the
vacancy occasioned by the resignation by
Rev. DIR. Foster Of ISs pastoral Office as
Brighton. Notice was given of vacancy
in the board, occasioned by the resignation
of Rev. Mr.. Fiske, and nomination list
was opened
The following committees were appoint
ed, viz: To visit the University, the Gov
ernor, and Messrs. Everett, Fuller, Hale,
and Rev. Messrs. Gray, Goldman, Lowell,
Gannett, and Walker. On the Library,
Rev. Messrs. Holmes and Harris. and Messrs.
Pickering, Savage, Welsh, Duncan, and
SPrague of Essex. On the Treasurer's ac-
counts, Messrs. Welles, Quincy, and Adam.
Mr.. Gray, as a member of the Corpora
ton of the College, Stated unoficially, that
the Corporation had made no choice of a
President, that the duties of that Office are
discharged by the Rev. DR.. Ware, the
senior member of the immediate govern
ment; that the corporation, before making
the appointment, proposed making some
different arrangement Of the duties of the
office; that they had not had time to do
this, and to agree upon the person who
should be appointed, and that probably no
appointment woult be made, in season to
De submitted to the Overseers for their con-
nrInauon at the present session Of the
Boston Daily advertiser.
ELECTION SERiaoN. This was a very
satlrical discourse delivered by Rev. Mr..
Pierpont on the evi Is of the Militia System.
Epauletts, pompons, and all the panoply and
OF military parades, were ridi-
culed with great severity. The value Of
time expended in training. preparing. and
neholding the para des, was estimated by
the learned gentleman at five hundred thou
sand dollars annua lly, allowing one dollar
per day for the TIME each citizen is EMPLOY
ed: The preacher seemed inclined not
only to cut off the many heads of the mon
ster, but to apply tine actual cautery at once
The general impr esslon seems to be that
the attempe at reform was begun with too
much energy, and too little regard for the
feelings of the aul dience, who were MANY Of
hem actively, an i'd all Of them indirectly.